624 E Roosevelt Avenue, Buckeye, AZ 85326
$650,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$650,000
List Date:
10/31/2025
Last Modified:
2/02/2026
Description
Thinking of buying a multi-family dwelling? Here's your chance! This charming 4-plex is ideally located in Buckeye, AZ—one of the fastest-growing cities in the West Valley. Whether you're starting your portfolio, planning for retirement, or seeking steady residual income, this property delivers.
The layout includes one 2-bed/1-bath house and three 1-bed/1-bath apartment units, offering flexibility and strong rental potential. Recent renovations include a new roof, new windows, updated HVAC in the front house, washer/dryer connections, and privacy fencing for tenant comfort.
Tenants pay for electricity; landlord covers water, sewer, trash, and gas. With thoughtful upgrades and a prime location, this is a turnkey investment ready to perform.
3 OF 4 units are rented!
More Information MLS# 6935765
Contract Info
Ownership: Fee Simple
Current Price: $650,000
List Price: $650,000
Status: Active
List Date: 2025-10-18
Location, Tax & Legal
Assessor's Map #: 21
Assessor's Parcel #: 84
Add'l Parcels: No
Tax Municipality: Buckeye
Taxes: 860
Legal: CENTRAL BUCKEYE BLOCKS 3 THRU 6 11 THRU 14, Lot 2
Marketing Name: -
House Number: 624
Compass: E
Street Name: Roosevelt
St Suffix: Avenue
City/Town Code: Buckeye
State/Province: AZ
Zip Code: 85326
County Code: Maricopa
Subdivision: Central Buckeye Blocks 1 2 7 THRU 10 15 16
Assessor Number: 400-21-084
Tax Year: 2024
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 6
Lot Size Dimensions: 63X132
Flood Zone: No
Total # of Units: 4
Elementary School District: Buckeye Elementary District
High School District: Buckeye Union High School District
Elementary School: Buckeye Elementary School
Jr. High School: Buckeye Elementary School
High School: Buckeye Union High School
Year Built: 1965
Zoning: PR
Project Type
Four Plex: 1
Other Type
House + Rental Units: 1
Construction
Block: 1
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Siding: 1
Roofing
Composition: 1
Floors
Ceramic Tile: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Gas Exp: 780
Annual Wtr/Swr Exp: 1980
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 3620
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 51840
Pmt & Rate Info
Cap Rate: 6.86
Equity: 650000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Phone Call: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Electric: 1
Individual: 1
ENERGY STAR Qualified Equipment: 1
Window/Wall Unit(s): 1
2 or More Units: 1
See Remarks: 1
Cooling
Ceiling Fan(s): 1
ENERGY STAR Qualified Equipment: 1
Central Air: 1
Electric: 1
Window/Wall Unit: 1
Individual: 1
2 or More Units: 1
Exterior Amenities
Landscape Water System: 1
Green Landscaping: 1
Fenced: 1
Sidewalk(s): 1
Patio/Balcony: 1
Interior Features
Fire/Smoke Alarm(s): 1
Mini Blinds: 1
Tenant Pays
Electricity: 1
Cable TV: 1
Appliances Included
Dishwasher: 1
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
Washer/Dryer: 1
W/D Hookup: 1
Road Access Type
City Street: 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
Free: 1
On Street: 1
1 Space/Unit: 1
Off Street: 1
Electric
APS: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Sewer: 1
Gas: 1
Trash Collection: 1
Landscaping: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
Other (See Remarks): 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 3
Avg Rent: 950
Avg SqFt: 450
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 1500
Avg SqFt: 750
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: MC HWY 85/Monroe and 7th ST
Directions: West on 10FWY, exit Miller, left on Miller, left on MC HWY85/Monroe, left on 7th ST, property will be on the corner of 7th ST and Roosevelt Ave on the Northwest Corner.
Geo Lat: 33.371629
Geo Lon: -112.58235
Legal Info
Lot Number: 2
Income Expenses
Gross Annual Sch Inc: 51840
Net Operating Income: 44580
Property Features
Project Type: Four Plex
Other Type: House + Rental Units
Construction: Block; Wood Frame
Const - Finish: Painted; Stucco; Siding
Roofing: Composition
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Landscape Water System; Green Landscaping; Fenced; Sidewalk(s); Patio/Balcony
Interior Features: Fire/Smoke Alarm(s); Mini Blinds
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Microwave; Washer/Dryer; W/D Hookup
Heating: Individual; Window/Wall Unit(s); 2 or More Units; ENERGY STAR Qualified Equipment; See Remarks
Cooling: Ceiling Fan(s); Electric; Window/Wall Unit; Individual; Central Air; 2 or More Units; ENERGY STAR Qualified Equipment
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: On Street; 1 Space/Unit; Free; Off Street
Road Access Type: City Street
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Owner Pays: Water; Gas; Trash Collection; Landscaping
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Owner
Showing Notification Methods: Text; Phone Call
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; FHA; Conventional; Other (See Remarks)
Environmental: None
Listing Office:
Realty Executives Arizona Territory
Last Updated: February - 02 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.