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939 E Turney AvenuePhoenix, AZ 85014

CAROLYN PLACE · Maricopa County

$1,334,000List price
5Beds
4Baths
1946Year built
20 months agoOn market

Listing Courtesy: AZREAPM - 6027129500

Description

Welcome to this beautifully remodeled 4-plex located in the heart of vibrant Midtown Phoenix, currently operating as a successful CASH FLOWING Airbnb! Each unit has been thoughtfully updated with modern finishes while maintaining the charm of the original architecture. The spacious and well-maintained grounds offer ample parking and a community courtyard for relaxation. The location is ideal for short-term rentals, with close proximity to downtown Phoenix, popular local eateries, art galleries, and public transit. Whether for long-term tenants or vacationers, this 4-plex provides high rental demand in one of the city's most desirable areas.Currently being utilized as a successful Airbnb, this property generates consistent income with a strong track record of bookings, making it a perfect investment opportunity. Gross Profits for 2024 were $121,606, additional opportunity to potentially add additional units, single level, No HOA, LOW TAXES of $1490 for 2024. Biltmore/Arcadia Adjacent! ALL FURNITURE IS INCLUDED! Shared laundry on site! Don't miss out on this exceptional property in one of Phoenix's most sought-after neighborhoods!

Property Information

Property type
Residential Income
Sub-type
Multi Family
Year built
1946
Lot dimensions
12,929
Parking spaces
6
Zoning
R-3
Days on market
602
Listing #
6810283

Property Features

Interior
Breakfast Bar
Appliances
Free-Standing Range · Refrigerator · Disposal · Microwave · Washer/Dryer
Cooling
Central Air · Ceiling Fan(s)
Heating
Electric · Central
Flooring
Concrete
Parking
Paved · On Street
Construction
Block · Brick
Roof
Composition
Utilities
Sewer Connected
Sewer
Public Sewer
Water source
Public

Schools

Elementary
Longview Elementary School
Middle
Longview Elementary School
High
Central High School

Financial Details

Annual taxes
$1,491Tax year 2024
Parcel number
155-14-015

Directions

From E Indian School Rd Turn Right onto N 12th St, Turn Left onto E Turney Ave, Property is on the left.

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Copyright ©2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Last Updated: 2025-01-24T00:00:00.000Z

Phoenix Market Statistics

How this home compares to 4,297 active listings in Phoenix, AZ

Phoenix medianThis listing
Median listing price$468,809$1,334,000
Median days on market91602
Median Sq Ft1,603
Median price / Sq Ft$277

Market statistics compiled from active EXIT Realty® and MLS listings in Phoenix, AZ.

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