The Property
This well-maintained slump-block fourplex is positioned at the end of a quiet cul-de-sac and offers an outstanding combination of long-term durability, strong rental upside, and low-maintenance operating costs. With immediate proximity to SR-51, the property provides fast access to major employment centers including the Biltmore Financial District, Midtown, Downtown Phoenix, and nearby healthcare campuses.
Key Property Highlights
-
Brand-New Roof with a transferable warranty, providing future owners with peace of mind and reduced capital expense.
-
Maintenance-Free Landscaping, upgraded with ¼-inch crushed granite and the proper underlying weed-control membrane—dramatically reducing ongoing grounds maintenance.
-
Private Outdoor Space for Each Tenant, including individual fenced patios and rear yards, increasing tenant satisfaction, retention, and rental demand.
-
Desirable Slump Block Construction, known for its durability, thermal performance, and long-term stability—ideal for long-term investors.
-
One Unit Currently Vacant, already refreshed with new interior paint, 2-inch wood-look faux blinds, and additional cosmetic upgrades—perfect for achieving market rent quickly.
-
All Units Feature Ceramic Tile Flooring, ideal for durability, ease of maintenance, and lower turnover costs.
-
Significant Rental Upside, as existing rents are below current market levels for the area.
-
Excellent Transportation Access, located minutes from State Route 51, connecting residents to major employers, hospitals, parks, and Central Phoenix amenities.
Why This Fourplex Performs Well as an Investment
This asset checks all the boxes for a low-maintenance, high-demand rental investment:
-
Turnkey exterior improvements already completed
-
Individual outdoor spaces that support stronger rent premiums
-
A refreshed vacant unit ready for lease or owner-occupancy
-
Proven long-term construction type
-
Strong local renter demand driven by proximity to transit corridors and employment
Virtual Tour-Check it out!
If you‘re interested in exploring the features of this property without leaving the comfort of your home, I highly recommend checking out the virtual tour. By clicking on the link provided, you’ll have the opportunity to experience a 360-degree view of the property, giving you a more immersive and interactive perspective. So why not take advantage of this convenient and innovative tool and discover what this property has to offer?
Location
East Sunnyslope – Phoenix, Arizona
Area Overview for Investors & Buyers**
East Sunnyslope is one of Phoenix’s most established and naturally scenic neighborhoods, positioned at the base of the North Mountain Preserve and offering a unique blend of urban convenience and outdoor lifestyle. Located just minutes from State Route 51, the area provides residents with fast access to Downtown Phoenix, Midtown, the Camelback Corridor, and the broader Valley employment base.
Proximity to SR-51 (Highway 51)
East Sunnyslope benefits from immediate access to SR-51, one of Phoenix’s primary north–south freeways. This corridor significantly reduces commute times to:
- Downtown Phoenix (approx. 10 minutes)
- Biltmore Financial District
- Phoenix Children’s Hospital & Medical Cluster
- Sky Harbor International Airport
- Scottsdale employment corridors
This connectivity is a major reason residents and investors choose the area.
Major Employers Near East Sunnyslope
While Sunnyslope retains a neighborhood character, it is surrounded by several significant employment hubs that attract renters and long-term residents:
Healthcare
- HonorHealth John C. Lincoln Medical Center
A major medical employer and long-standing anchor of the Sunnyslope community. - Phoenix Children’s Hospital (PCH) – approx. 10 minutes
- Abrazo Health / Arizona Heart Hospital – via SR-51 access
- Mayo Clinic Hospital – approx. 15–20 minutes north via SR-51
Healthcare continues to be one of Phoenix’s strongest and fastest-growing employment sectors.
Government & Education
- City of Phoenix administrative and service departments
- Arizona Department of Economic Security
- Nearby public, charter, and private schools creating local employment stability
Corporate & Office Employment
Easy SR-51 access puts residents within minutes of:
- Camelback Corridor financial district
- Central Avenue business core
- Midtown office towers and professional services firms
Parks, Recreation & Lifestyle
East Sunnyslope is known for its natural surroundings and immediate access to outdoor amenities. Popular recreational assets include:
North Mountain Park
A major regional destination offering hiking, biking, scenic overlooks, and desert trails. The park provides direct mountain access while still being inside city limits.
Sunnyslope Park
A community-focused park with open green space, sports courts, and family amenities serving local residents.
Arizona Canal Multi-Use Path
A long, continuous pedestrian and bike path connecting Sunnyslope to Central Phoenix, Biltmore, and East Valley trail systems.
Dreamy Draw Recreation Area (via SR-51)
A short drive away, it offers additional hiking, shaded canyon spaces, and access to the Phoenix Mountain Preserve.
Why East Sunnyslope Appeals to Renters & Investors
- Urban convenience with mountain views
- Fast access to major highways
- Close to hospitals, employment centers, and office corridors
- Affordable compared to nearby North Central and Biltmore neighborhoods
- Strong demand from healthcare workers, young professionals, and long-term tenants
- Mixed housing stock with value-add opportunities
Sale Price
Effective Operating Income
Operating Expenses
Net Operating Income
Cap Rate
Sale Price
Proforma Effective Income
Proforma Operating Expenses
Proforma Net Operating Income
Proforma Cap Rate
Offering Memorandum and Marketing Flyer
To access the Offering Memorandum or the one page Flyer, simply click on the button located below. From there, you’ll be able to download the document in PDF format.
Our Offering Memorandum is an essential resource for anyone who is considering investing in our opportunity. It includes all the necessary information, such as the investment terms, potential risks, financial projections, and more. By reviewing this document, you’ll have a complete understanding of what the investment entails.
If you have any questions or would like to learn more about our investment opportunity, please don’t hesitate to reach out to us. We’re always happy to answer any questions and provide you with the information you need to make an informed decision.
Thank you for considering our investment opportunity, and we hope to hear from you soon!
Documents
Year to Date Books and Records 11/30/2025
List of Improvements
Floor Plans and Appraiser Measurements
Platt Map
CCRs
Seller Property Disclosure 1-4 Units
Warranties
We‘d like to invite you to check out the additional photos we have uploaded to our website for our property. These photos offer a more detailed view of the property from various angles and perspectives, giving you a better understanding of its layout and features. Take a few moments to browse through these photos to see for yourself what our property has to offer. We believe that they will provide you with a better insight into our property. Thank you for considering this property, and please don’t hesitate to contact us if you have any questions.
Linda‘s Newest Book on Amazon “The Queen of Fourplexes tells all!’
Make sure you check out Linda’s new book: Stories of Real Estate but learn as you go!
Stay on top of what’s happening in Arizona Real Estate!
Be sure to take a look at Linda Gerchick’s Practical Guide to Commercial Real Estate, which is now accessible on Amazon!




