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1708 E Verde Lane, 
Phoenix, AZ 85016

$897,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Natalia Yalin

eXp Realty

888-897-7821

Last updated:

May 21, 2025, 02:55 PM

MLS#

6817836

Source:

ARMLS

About This Home

1708 E Verde Lane

For investors seeking an IMMEDIATE INCOME generation with no additional investment required! 2024 average occupancy rate 93%. Current Airbnb rating 4.85 out of 5. CAP RATE 9.64%!!! Meticulously RENOVATED 4 unit main house + shed in Central Phoenix! Nestled in one of Phoenix's most DESIRABLE LOCATIONS with immediate access to HWY-51, 2 min drive to Phoenix Children's Hospital, 8 min drive to Biltmore Fashion Park, top-rated dining, and vibrant nightlife. This rental is a top choice of traveling nurses!Each unit is designed to provide guests with comfort and style, ensuring HIGH OCCUPANCY RATES. Every unit features a modern Kitchen, Bath, and separate Private Access. A well-maintained shared outdoor space with seating, hammock, fire pit and BBQ facilities creates an inviting atmosphere for relaxation. Convenient laundry facility w/washer & dryer is available for guest use.

Home Facts

Multi-Family

Built in 1950

Price Summary

897,000

MLS #:

6817836

Last Updated:

May 21, 2025, 02:55 PM


Structure

Structure

Year Built:

1950


Finances & Disclosures

Finances

Price:

$897,000

Source:ARMLS
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.