Newest Northern Lanai | Phoenix, AZ Listings

Turnkey cash-flowing fourplex in a prime Phoenix location! This fully renovated property is a low-maintenance gem with all major upgrades handled: brand-new roof, all HVAC units replaced under current ownership, new water heaters, and a freshly painted exterior. Excellent unit mix consisting of (1) 3BD/2BA unit, (2) 3BD/1BA units and (1) 2BD/1BA unit. Every unit is updated with modern finishes, including LVP or tile flooring (no carpet) and ceiling fans. Spacious layouts feature full appliance packages and private balconies/patios. Rare four-car garage provides dedicated tenant parking and storage. Ideally located near the I-17 for fast access to Downtown Phoenix, GCU, and Glendale events. Meticulously maintained with strong tenant demand. Perfect for a 1031 exchange or owner-occupant!

3302 W Northern Avenue, Phoenix

Courtesy of Get Multifamily. 480-795-7938

$815,000

9 Beds ⋅ 11 Baths ⋅ 6911002 MLS

Turnkey Cash-Flowing Fourplex in Prime Phoenix Location! Fully leased and grossing over $6,500/month (not including RUBs). Excellent unit mix: (1) 3 bed / 2 bath + (3) 2 bed / 1 bath units. All units are garden-style with private garage parking—rare for the area. Well-maintained interiors and desirable layouts ensure low vacancy and strong tenant demand. Upside potential with RUBs and future rent increases. Ideal for investors seeking strong in-place cash flow with room to grow. This is arguably the best fourplex available in Phoenix today—don't miss it!

8108 N 33rd Drive, Phoenix

Courtesy of Apex Residential. 602-341-5153 Selling Office: HomeSmart.

$600,000

9 Beds ⋅ 5 Baths ⋅ 6898966 MLS

Rare opportunity to acquire two fourplexes in the same community. 3319 & 3364 W Harmont Drive. Near I-17, Grand Canyon University, and the rapidly revitalizing Metro center area. Each fourplex has one 3-bedroom/2-bath and three 2-bedroom/1-bath units, offering strong rental appeal and efficient operations. With all units individually metered and identical floorplans, property management is streamlined. Each fourplex has a four car garage. This package provides immediate upside through rental increases and benefits from consistent demand in a high-growth corridor.

3364 W Harmont Drive, Phoenix

Courtesy of Compass. 480-776-1555 Selling Office: Compass.

$600,000

9 Beds ⋅ 5 Baths ⋅ 6898962 MLS

3319 W Harmont Drive, Phoenix

Courtesy of Compass. 480-776-1555 Selling Office: Compass.

$759,000

9 Beds ⋅ 5 Baths ⋅ 6848265 MLS

FANTASTIC 4-PLEX INVESTMENT OPPORTUNITY~ALL UNITS UPDATED~ALL HVAC's have been REPLACED in 2014 & 2025~ALL newer DUAL-PANED-WINDOWS~Building-exterior was FULLY-PAINTED in 2024 & hot-waters-heaters replaced in 2023~Property is FULLY-OCCUPIED as of list-date & some units w/LONG-TERM Tenants~2024 Q4 CAP RATE was over 6%~Building has been PROFESSIONALLY MANAGED for years~HOA is of value here at ONLY $130 per month & includes regular-yard-maintenance~EXCLUSIVE to this building is COIN-OPERATED, LAUNDRY-ROOM, which brings in monthly-other-income~OWNER through PM took PRIDE in the property w/VALUE-ADD, POTENTIAL for increased CASH-FLOW by taking advantage of this UNTAPPED, potential through improvements, monthly income could SURPASS $6k~ Front-facing, ground-floor unit is 3 bd/2 bath w/wood-look, vinyl-plank & tile flooring, wood-burning fireplace in living-room, open kitchen w/adjoining, formal dining or flex-space, slider-door leads to private, fenced, yard-area~Side-yard-facing, ground-floor unit is 2 bd/1 bath w/similar finishes & private, fenced, yard-area~Unit 3 is second-floor and is also, 2 bd/1 bath, similar finishes w/private-rear balcony & shared front-balcony~Unit 4 is second-floor and is also, 2 bd/1 bath w/similar-finishes~ALL units have storage-locker-cabinets in communal, shared, 4-car-garage & ea. unit has one-space in garage, plus there are two-additional, open-parking-spaces assigned to this building~On-site, coin-operated laundry room, provides Owner w/additional monthly-other-income~

8124 N 33rd Drive, Phoenix

Courtesy of CTS Realty. 602-795-0341 Selling Office: Gile Commercial Real Estate.

$858,500

9 Beds ⋅ 11 Baths ⋅ 6802584 MLS

Looking for a solid cash-flowing asset in Phoenix? This 4-plex is a must-see! Currently generating $4,000 per month in gross rental income from three fully-occupied units, this property offers a fantastic opportunity for investors looking to maximize returns. But that's not all - there's huge potential for value-add! The fourth unit is available for house hacking, either by living in it yourself or renting it out for even more income. With the possibility of grossing $5,700 per month once the fourth unit is rented, this property is primed for cash flow expansion.

3301 W Harmont Drive, Phoenix

Courtesy of Realty ONE Group. 480-315-1240 Selling Office: Non-MLS Office.

$799,000

9 Beds ⋅ 5 Baths ⋅ 6773705 MLS

Discover a fantastic investment opportunity with this unique four-plex, featuring a versatile unit mix that includes one spacious 3-bedroom, 2-bath unit and three 2-bedroom, 1-bath units. Perfectly situated in a growing area of Phoenix, this property offers tremendous potential for value appreciation. This four-plex is not just an investment; it's a blank canvas for creative minds to enhance and maximize its potential. With its strategic location and numerous opportunities for improvement, this property stands out as the best investment opportunity in the Phoenix area.

3307 W Harmont Drive, Phoenix

Courtesy of W and Partners, LLC. 602-828-5767 Selling Office: eXp Realty.

$805,000

9 Beds ⋅ 5 Baths ⋅ 6708373 MLS

Welcome to a rarity in the market these days! A well maintained and appointed 4-plex within the Northern Lanai community. A mixture of one 3 bed 2 bath unit and 3 2 bed 1 bath units. Coin operated laundry creates additional revenue opportunity. Many upgrades throughout and priced attractively for an investment opportunity.

3307 W Loma Lane, Phoenix

Courtesy of Real Broker. 602-755-3415 Selling Office: Citiea.

$760,000

9 Beds ⋅ 5 Baths ⋅ 6666026 MLS

The Northern Lanai fourplex offers a 7.1% Cap Rate. The unit mix consists of one 3-bedroom/2-bathroom (fully remodeled) and three 2-bedroom/1-bathroom units. The building has a four car garage + more uncovered parking spaces and on-site laundry. Each unit has it's own private patio and is separately metered for electric. Total estimated annual gross income: $71,507.76. Drive-by Only, Do Not Disturb Tenants.

8108 N 33rd Avenue, Phoenix

Courtesy of Compass. 480-776-1555 Selling Office: HomeSmart.

$750,000

9 Beds ⋅ 5 Baths ⋅ 6638923 MLS

Welcome to this 4-plex located in the highly desirable Northern Lanai community. This building features expansive floorplans, convenient garage parking. Offering ample parking space, generously sized apartment homes, and beautifully landscaped surroundings, this property has consistently delivered reliable rental income. Don't miss out on this excellent investment opportunity—call today to explore your next venture!

3331 W Harmont Drive, Phoenix

Courtesy of Realty ONE Group. 623-552-3773 Selling Office: Weichert Realtors - Upraise.

$860,000

10 Beds ⋅ 12 Baths ⋅ 6620025 MLS

3302 W Loma Lane, Phoenix

Courtesy of Marcus & Millichap. 602-687-6700 Selling Office: Elite Partners.

$730,000

9 Beds ⋅ 5 Baths ⋅ 6619662 MLS

The Northern Ave fourplex is a great investment opportunity with an impressive 6.9% Cap Rate. The property has frontage on Northern Avenue, providing convenient access to multiple retail centers, restaurants, and nearby freeways. The property consists of three 2-bedroom, 1-bathroom units and a spacious 3-bedroom, 2-bathroom unit. Two units have received complete renovations within the past two years. There are two shared garages and on-site laundry facilities. The property currently has below-market rates, with the potential to increase the value of two units within the next two months.

3320 W Northern Avenue, Phoenix

Courtesy of R.O.I. Properties. 602-319-1326 Selling Office: Berkshire Hathaway HomeServices Arizona Properties.

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Northern Lanai | Phoenix, AZ Homes for Sale

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Newest Northern Lanai | Phoenix, AZ Listings

Northern Lanai | Phoenix, AZ Homes for Sale

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