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        <Summary>Phoenix located Multifamily Fourplex Just Sold</Summary>
        <Description>Artur &amp;amp; Joanna just sold another fourplex (we brought the buyer)&amp;nbsp;located in the Medlock Historic district of Phoenix, Arizona.&amp;nbsp; This is a super location just 2 small streets away from the upcoming Light Rail which will begin operation in late 2008.&amp;nbsp; The property sold for $459,000 which is about the same as the previous property next door which sold for $450,000.&amp;nbsp; Its $115,000 per unit, which is just a bit less then the &lt;a title="Central Phoenix Triplex Investment" href="item/166893"&gt;triplex we just sold&lt;/a&gt; at $117,000 per unit. The fourplex has three 2 bedroom and 1 bath units and one 3 bedroom and 1 bath unit.&amp;nbsp; It is in descent condition on the outside but it has deferred maintenance on the exterior.&amp;nbsp; If you would like to find out about investing in real estate you can visit &lt;a title="Invest in the Phoenix Real Estate Market" href="http://www.investinphoenixrealestate.com/" target="_blank"&gt;Invest in Phoenix Real Estate&lt;/a&gt;. </Description>
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