Distressed Fourplexes In The Phoenix Market

 
From the  200 Active fourplexes in Phoenix, Scottsdale and Glendale there are 27 which are short sale or foreclosed; lender owned properties.  This is down about 20% from 2 months ago.  Many of those lender owned properties have been purchased by savvy investors. 

Fourplexes currently start at $99,000. Yes it’s a fix up but someone [...]