1321 N 48TH Place, Phoenix, AZ 85008, Phoenix AZ 85008
This high-yield, well-maintained fourplex in Phoenix is perfectly situated in a quiet cul-de-sac, just south of McDowell & 48th St. Featuring four 2-bedroom, 1-bathroom units, this turnkey property boasts durable block construction and ceramic tile flooring, along with several recent updates. With convenient access to major freeways, supermarket, stores, and located just across from elementary school, these units are highly desirable and in great demand. 4 UNITS FULLY OCCUPIED; Units 1 and 2 have just been remodeled/upgraded. Units 3 and 4 have long-term tenants. Roofing replaced in 2017. All
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Phoenix
This property is grouped with the current five-or-more-bedroom homes in Phoenix. Its asking price falls near the 52nd percentile of that active group. The comparison uses 693 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $384,500, and the median is $247 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 4733 E BELLEVIEW Street, Phoenix, AZ 85008 | Jun 18, 2026 | 2 bd · 968 sqft | $206,000 | 0.2 mi |
| 4717 E MCDOWELL Road, Phoenix, AZ 85008 | May 18, 2026 | — · 3,322 sqft | $670,500 | 0.2 mi |
| 4908 E GRANADA Road, Phoenix, AZ 85008 | Apr 20, 2026 | 3 bd · 1,209 sqft | $413,000 | 0.4 mi |
| 1403 N 44TH Street, Phoenix, AZ 85008 | Sep 29, 2026 | 3 bd · 1,584 sqft | $371,000 | 0.5 mi |
| 4447 E ALMERIA Road, Phoenix, AZ 85008 | Aug 19, 2026 | 3 bd · 1,399 sqft | $384,000 | 0.5 mi |
| 612 N 48TH Street, Phoenix, AZ 85008 | Aug 13, 2026 | 3 bd · 1,338 sqft | $385,000 | 0.5 mi |
| 608 N 47TH Place, Phoenix, AZ 85008 | Aug 7, 2026 | 4 bd · 1,760 sqft | $410,000 | 0.6 mi |
| 1832 N 52ND Street 107, Phoenix, AZ 85008 | Jun 30, 2026 | 2 bd · 960 sqft | $250,000 | 0.6 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $899,000 · Active
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