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940 E Rose Ln, Phoenix, AZ 85014

  • $1,050,000

  • 4

    bed

  • 4

    bath

Multi-family for sale 24 days
80 homes bought nearby with Movoto recently

About 940 E Rose Ln

Property type Multi-family
Neighborhood
Year built 1957
HOA fee $0/month
Rental estimate
Property description
940 E Rose Ln in Phoenix, AZ (85014) is a 4-unit multifamily property located in a highly desirable, quiet residential pocket near the Biltmore area. The 1957 property (approx. 2,450 sqft) features tiled and carpeted flooring, forced air gas heating, electric cooling, and 5 total parking spaces (4 covered, 1 open), offering investors a, well-located, multi-unit opportunity. PROXIMITY TO LIFESTYLE: Nearby popular restaurants and shopping at Biltmore Fashion Park and Uptown Plaza. SCHOOLS: Located within the Madison Elementary School District (Madison Rose Lane School). INVESTMENT APPEAL: Located in a rapidly developing, desirable part of Phoenix. PLEASE DO NOT DISTURB TENANTS.
Listed by
Listing Agent - Natan Jacobs
Listing Office - ABI Multifamily
Source: ARMLS mls logo
MLS#7031945 • last updated 3 weeks ago
Movoto checked ARMLS for data 4 minutes ago
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Overview
Cooling/AC See Remarks
Heating See Remarks
MLS # 7031945
Type Multiple Dwellings
Status Active
Property Tax 2772
Year Built 1957
Interior
Flooring Carpet, Vinyl
Appliances See Remarks
Exterior
Roof Composition
Construction Painted, Block, Brick, Slump Block
Parking Detached Carport, Add'l Parking Avail, >1 Space Per Unit, On Street
# of Open Parking Spaces 1
# of Covered Spaces 4
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Sewer-In & Connected, Public Sewer
Location
Subdivision TWIN PALMS LOTS 1 THRU 10
Community Features See Remarks, No Pool
Elementary School Madison Rose Lane School
Elementary School District Madison Elementary District
Middle School Madison #1 Elementary School
High School District Phoenix Union High School District
High School North High School
APN 161-15-061
Zoning R1-6, Phoenix
Directions From 7th Street / Bethany Home Road, Head North To Rose Lane. Turn Right (East), Property On Left Hand (North) Side Of Street.
Multifamily Details
Total # of Units 4
Expense: Operating 14051
Financial Data Source Owner
Expense: Insurance 3059
Net Operating Income 52309
Gross Income 66360
Expense: Other 2400
Expense: Professional Management 3120
Gross Scheduled Income 66360
Expense: Gardener 1500
Lot/ Land Details
Road Surface Asphalt
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5/10
Madison Rose Lane School
public Grades PK, K-4
Madison Elementary District
5/10
Madison #1 Elementary School
public Grades 5-8
Madison Elementary District
8/10
Phoenix Coding Academy
public Grades 9-12
Phoenix Union High School District
3/10
North High School
public Grades 9-12
Phoenix Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

Around Camelback East

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Dining
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  • Real Estate
  • AZ
  • Maricopa County
  • Phoenix
  • 85014
  • 940 E Rose Ln

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