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1018 S 4TH Avenue, Phoenix, AZ 85003

$694,000 (Active)
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1018 S 4TH Avenue, Phoenix, AZ 85003

$694,000
Active
est.$694,000/month.
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7 beds. baths. 6,500 Sqft.

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1018 S 4TH Avenue, Phoenix, AZ 85003

$694,000
Active
est.$694,000/month.
Start My Approval
7 beds 4 baths 6,500 Sq.ft.
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Property details for 1018 S 4TH Avenue, Phoenix, AZ 85003
Two Homes on One Lot. Welcome to 1018 S 4th Avenue, an Elegant, Rare opportunity. A Dual Home Oasis in the rapidly growing Central City South area of Phoenix. This unique R3 zoned property features two full-sized homes on one spacious lot, offering versatility, income potential, and proximity to everything the downtown core has to offer. As you step onto the property, you'll immediately appreciate the ample space, fresh renovations, and thoughtful interior and exterior layout that makes this dual residence ideal for owner-occupiers with rental income potential, multi-generational living, or investment purposes. The remodeled front home features a bright, open layout with four beds and two baths, while the two story rear house offers three separate bedrooms and a second ful Nestled on a spacious newly steel fenced & gated lot in the Flossmore neighborhood, this rare offering combines modern comforts, excellent rental income potential, and walkable access to Phoenix's top dining, culture, and sports venues. Perfect for investors, extended families, or savvy buyers seeking versatility. The Front House (Single-Story | ±1,829 SF) Beautifully remodeled with a clean, contemporary finish, this 4-bedroom, 2-bathroom home is move-in ready. The open-concept living area flows effortlessly into a modern kitchen featuring updated cabinetry, sleek countertops, and a large central island perfect for entertaining or family meals. The bedrooms are generously sized with plenty of natural light and closet space, while both bathrooms have been updated with modern fixtures and finishes. New flooring and fresh paint throughout create a light, airy ambiance. New package rooftop AC unit. Laundry hookups are located conveniently inside, and the front entrance has private fencing for added security and charm. The Rear House (Two-Story | ±1,800 SF) Tucked away in the back, the two-story home provides an ideal setup for a second family, long-term tenants, or even short-term rental guests. With 3 spacious bedrooms and 2 bathrooms, plus an upstairs loft area, this home offers flexibility for office space, a kids' play area, or an extended lounge. A full kitchen, separate laundry hookups, new package rooftop AC unit and private access make this a fully independent residencerarely found in central Phoenix. Just minutes from Downtown Phoenix, this property is in a high-demand urban neighborhood poised for growth. Walk or bike to ASU Downtown, Chase Field, Footprint Center, and the Roosevelt Row arts district. Quick access to the I-10 and I-17 freeways makes commuting easy, and Sky Harbor Airport is less than 15 minutes away. Whether you're an investor looking to capitalize on Phoenix's hot rental market or a homeowner wanting to live in one unit while renting the other, this is a prime location with unbeatable upside. Why 1018 S 4th Ave? " Two complete homes on one lot - separately metered and self-sufficient " Updated interiors with modern finishes " No HOA - complete freedom for how you use the space " Projected income potential: Live in one, rent the other for ~$2,200-$2,500/ month " Future flexibility: Airbnb, long-term rental, or multi-generational use " Zoned R-3 - Multifamily opportunity Nearby Amenities " 2 minutes to Downtown Phoenix " 3 blocks to public transportation " 5 minutes to ASU, Valley Metro Rail " Close to coffee shops, grocery stores, and schools The Bottom Line This is a rare finda multi-unit property in one of Phoenix's most strategic and fastest-developing areas. Whether you're a savvy investor or a homeowner who wants flexibility and rental income, 1018 S 4th Ave is a must-see.
Broker details: Best Homes Real Estate

Listed by: Cecilia Quiroz Gonzalez
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Property Description

MLS Information

  • Listing: 6900104
  • Listing Last Modified: 2025-08-01

Property Details

  • Standard Status: Active
  • Property style: Contemporary
  • Built in: 1986
  • Subdivision: MONTGOMERY ADD BLKS 23-26, 31-34, 39-42, 47-50
  • Lot size area: 6500 Square Feet

Geographic Data

  • County: Maricopa
  • MLS Area: MONTGOMERY ADD BLKS 23-26, 31-34, 39-42, 47-50
  • Directions: Head east on W Buckeye Rd, Turn left onto S 4th Ave. Property will be on the left.
Features

Interior Features

  • Flooring: Linoleum, Tile
  • Bedrooms: 7
  • Full baths: 4
  • Living area: 3629
  • Interior Features: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, Kitchen Island, Pantry, High Ceilings
  • Fireplaces: 1

Exterior Features

  • Roof type: Composition

Parking

    Utilities

    • Sewer: Public Sewer
    • Water: Public
    • Heating: Electric
    Property Information

    Tax Information

    • Tax Annual Amount: $889

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    The property listing data and information set forth herein were provided to ARMLS from third party sources, including sellers, lessors and public records, and were compiled by ARMLS The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. ARMLS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
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