13865 W CLAREMONT Street Litchfield Park, AZ 85340
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Luke Field Homes 159-198 225-244
MLS Listing ID 7016959
Year Built 1957
Annual Tax Amount $885
Tax Year 2025
Lot Dimensions 7200
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Turnkey multi-family opportunity in one of the fastest-growing areas of the West Valley. This cash-flowing duplex offers immediate income with strong upside potential, ideally positioned along Litchfield Road directly across from the Tesla Collision Center and minutes from Luke Air Force Base.
Financial Highlights:
$31,200 with potential $33,600 Annual Gross Income
5.2-5.6% Cap Rate
Stable tenant base with consistent occupancy
Location Advantages:
Direct proximity to Luke Air Force Base (strong, reliable rental demand)
Across from Tesla Collision Center (employment-driven growth)
High-visibility corridor with ongoing commercial expansion
Easy access to major transportation routes Property Features:
Single-story construction for low maintenance
Spacious lot with ample parking
Functional layouts with private entrances
Large outdoor/common areas with utility access
Solid block construction with long-term durability
Low-maintenance desert landscaping
Value-Add Potential:
Below-market rents with clear upside
Opportunity to enhance outdoor/common areas
Strong long-term appreciation in a high-growth corridor
Portfolio Opportunity:
Property must be sold with adjoining 4-plex, offering investors the opportunity to acquire a larger multi-family portfolio with increased scale, operational efficiency, and long-term value creation. FHA, and VA loan approved!
Location
State AZ
County Maricopa
Community Luke Field Homes 159-198 225-244
Area Maricopa
Zoning multi family
Interior
Heating Window/Wall Unit(s), Floor Furnace, Wall Furnace
Cooling Window/Wall Unit
Flooring Ceramic Tile
Appliance Free-Standing Range, Disposal, Refrigerator
Exterior
Parking Features RV Access/Parking, 1 Space/Unit, On Street
Community Features No Pool
Roof Type Composition,Rolled/Hot Mop
Private Pool No
Building
Sewer Septic in & Cnctd
Water See Remarks, Private
New Construction No
Schools
Elementary Schools Litchfield Elementary School
Middle Schools Western Sky Middle School
High Schools Canyon View High School
School District Agua Fria Union High School District
Others
Senior Community No
Tax ID 501-13-091-E
Acceptable Financing CTL, Conventional, 1031 Exchange, FHA, VA Loan
Disclosures None
Listing Terms CTL, Conventional, 1031 Exchange, FHA, VA Loan
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