Turney Villas | 4401, 4405, & 4421 North 21st Street & 2118 East Turney Avenue, Phoenix, AZ 85016 | 18 Units | Built 1954 | Renovated 2018 | $3,800,000 | $211,111 Per Unit | $247.57 Per SF
PRESS RELEASE
FOR IMMEDIATE RELEASE
Contact:
Corporate Headquarters
ABI Multifamily
Phone: 602.714.1400
Company Website: www.ABImultifamily.com
Phoenix, AZ. (October 8, 2026) – ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $3,800,000 / $211,111 Per Unit / $247.57 Per SF sale of Turney Villas, an 18-unit multifamily apartment community located in Phoenix, Arizona. The Buyer was represented by ABI Multifamily's Carson Griesemer, Dallin Hammond, and Mitchell Drake.
The Buyer and the Seller are based in Arizona.
Turney Villas is located at 4401, 4405, & 4421 North 21st Street and 2118 East Turney Avenue in Phoenix's highly sought-after 85016 zip code, an infill north central location between the Camelback Corridor and the Arcadia neighborhood. Residents are minutes from Biltmore Fashion Park and the dining, retail, and entertainment along Camelback Road, and the Piestewa Peak and Phoenix Mountains Preserve trails are a short drive north. The Camelback Corridor is one of the Valley's premier office and employment hubs, home to a concentration of financial, legal, and professional services firms. Phoenix Children's Hospital is also nearby. Quick access to State Route 51 links residents to Downtown Phoenix, Phoenix Sky Harbor International Airport, and the rest of the metro area.
The property spans four parcels and eight buildings and consists of 16 apartment units and two single-family homes. The apartments include three one-bedroom, one-bath units ranging from 480 to 576 square feet, twelve two-bedroom, one-bath units of 822 square feet, and one three-bedroom, two-bath unit of 1,416 square feet. The two single-family homes are a two-bedroom, one-bath residence of 851 square feet and a four-bedroom, two-bath residence of 1,586 square feet. Turney Villas was originally built in 1954 and renovated in 2018, so residents get updated living spaces in an established neighborhood.
ABI Multifamily (https://www.abimultifamily.com/) is a brokerage and advisory services firm that focuses exclusively on apartment investment transactions. With offices in Phoenix, Las Vegas, San Diego, and Tucson, the experienced advisors at ABI Multifamily have completed billions of dollars in sales and thousands of individual multifamily transactions. ABI Multifamily incorporates a global approach with regional real estate expertise to successfully complete any multifamily transaction, regardless of size and complexity.