$625,000
Wickenburg, AZ 85390
MLS# 7003980
1 / 23
Property Description
Fully rented fourplex in the heart of Wickenburg--an excellent investment opportunity with immediate income potential! Ideally located within walking distance to historic downtown Wickenburg, this property offers convenience to shopping, dining, and local amenities. Each of the four units features 2 bedrooms and 1 bathroom, providing desirable layouts for tenants and strong rental appeal. With all units currently occupied, this is a turnkey income-producing property ready for its next owner. Whether you're looking to expand your portfolio or secure a solid investment in a growing market, this well-located multi-family property is a must-see!
Details
Maps
Documents
Contract Info
Ownership: Fee Simple
Current Price: $625,000
List Price: $625,000
Status: Active
List Date: 2026-03-20
Location, Tax & Legal
Assessor's Map #: 8
Legal Description (Abbrev): FOX SUBDIVISION MCR 27/2 PT LOT 4 DAF BEG SWLY COR LOT 4 TH E ALG S LN 80F TPOB NWLY 80F E OF & PAR
Assessor's Parcel #: 4
Assessor Parcel Ltr: E
Add'l Parcels: No
Tax Municipality: Wickenburg
Census Tract: 40502
Taxes: 661
Legal: FOX SUBDIVISION MCR 27/2 PT LOT 4 DAF BEG SWLY COR LOT 4 TH E ALG S LN 80F TPOB NWLY 80F E OF & PAR
Marketing Name: Fourplex
House Number: 450
Street Name: PALM
St Suffix: Drive
City/Town Code: Wickenburg
State/Province: AZ
Zip Code: 85390
Zip4: 4408
County Code: Maricopa
Subdivision: FOX SUB
Assessor Number: 505-08-004-E
Tax Year: 2025
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 4
Lot Size Dimensions: approx 89' x 111'
Total # of Units: 4
Elementary School District: Wickenburg Unified District
High School District: Wickenburg Unified District
Elementary School: Hassayampa Elementary School
Jr. High School: Vulture Peak Middle School
High School: Wickenburg High School
Year Built: 1986
Zoning: RM-1
Legal Info
Range: 5W
Section: 2
Township: 7N
Lot Number: 4
Project Type
Four Plex: 1
Construction
Wood Frame: 1
Const - Finish
Stucco: 1
Roofing
Composition: 1
Floors
Laminate: 1
Carpet: 1
Sale Includes
Land & Building: 1
Laundry Equipment: 1
Income & Expenses
Annual Ins Exp: 2400
Annual Mgmt Exp: 5100
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 8161
Other Income: 0
Vacancy Allowance: 0.01
Adjusted Gross Inc: 50490
Total Monthly Rental Income: 4250
Pmt & Rate Info
Cap Rate: 6.45
Equity: 625000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Forced Air: 1
Heat Pump: 1
Cooling
Central Air: 1
Tenant Pays
Electricity: 1
Appliances Included
Refrigerator: 1
Washer/Dryer: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Road Responsibility
City Maintained Road: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
1 Space/Unit: 1
Electric
APS: 1
Gas
None: 1
Owner Pays
Trash Collection: 1
Landscaping: 1
New Financing
Cash: 1
Conventional: 1
1031 Exchange: 1
Existing 1st Loan
Conventional: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 1062.5
Avg SqFt: 720
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: Tegner and Palm Drive
Directions: From Tegner West on Palm Drive. Property on right
Geo Lat: 33.976462
Geo Lon: -112.738347
Income Expenses
Gross Annual Sch Inc: 51000
Net Operating Income: 40296
Property Features
Project Type: Four Plex
Construction: Wood Frame
Const - Finish: Stucco
Roofing: Composition
Floors: Laminate; Carpet
Sale Includes: Land & Building; Laundry Equipment
Community Features: No Pool
Appliances Included: Refrigerator; Washer/Dryer
Heating: Forced Air; Heat Pump
Cooling: Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking Features: 1 Space/Unit
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Owner Pays: Trash Collection; Landscaping
Tenant Pays: Electricity
Source of Fincl Data: Owner
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Existing 1st Loan: Conventional
New Financing: Cash; Conventional; 1031 Exchange
Environmental: None
Rent Roll 
Listing Office: Arizona Legends Realty
Last Updated: April - 21 - 2026
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