Courtesy: Get Multifamily
480-795-7938
Rare Sunnyslope infill opportunity featuring a single-family residence plus duplex on a ±6,250 SF lot near Central Ave, Sunnyslope High School, the Arizona Canal, dining, shopping, and neighborhood amenities. The property offers three total units with updated interiors, wood-look tile flooring, refreshed kitchens and baths, neutral finishes, gated/private yard areas, and low-maintenance landscaping. Ideal for investors seeking rental income, house-hack potential, or long-term value-add upside in North Central Phoenix.
Courtesy: Matthews Real Estate Investment Services
310-388-0788
The Gem on Missouri is a 29-unit multifamily community positioned in the highly desirable Midtown Phoenix submarket. Located at 1623 & 1625 W Missouri Ave, the property was originally constructed in 1963 and spans approximately ±22,400 square feet, with an average unit size of ±772 SF, offering efficient and functional floor plans that appeal to a broad renter base. The property is currently achieving average rents of approximately $1,074, below market comparables averaging $1,317, representing upside of approximately $243 per unit. The asset has already undergone comprehensive interior renovations, including upgraded finishes and in-unit washer and dryer across all units, positioning this as primarily operational value-add opportunity
Courtesy: Paramount Management & Realty, LLC
623-688-5844
Green lawns and tall palms. Open Parking. Quiet peaceful neighborhood. 3 comfortable apartments. 2- 1 bedrooms units. 1-2 bedroom Unit. private yard space per unit. New roofing, new water heaters. Fully occupied. Add value opportunity. Biltmore area submarket. ½ mile off of AZ-51. Beautiful curb appeal. shopping, dining, schools, parks, hospitals and mountains all around. High demand area. Locally- Phoenix Childrens Hospital, Phoenix Indian Medical Center, Property Sold AS IS.
Courtesy: My Home Group Real Estate
480-685-2760
Check out this cash flowing low maintenance fourplex even at today's rates. Complex is located near mostly residential homes near elementary school and within 5 miles of downtown Phoenix. All units have white shaker cabinets, 2 units remodeled with quartz countertops, shaker cabinets and vinyl plank and wood tile flooring, & stainless-steel appliances. 1 unit partially upgraded unit with Quartz countertops, and shaker cabinets. 2 units have new A/C units & water heaters that have been replaced in the last 3 years. 1 A/C unit has a new motor. All of the units have ceiling fans throughout. Recently painted exterior. Units are individual metered for electricity. Units fully occupied, but 1 unit comes up for renewal in July if you want to occupy one or rehab for higher rent. Owner/ Agen
Courtesy: Keller Williams Realty Sonoran Living
480-948-3338
Located in the heart of central Phoenix, 1001 North 9th Street presents an outstanding multifamily investment opportunity featuring eight well-positioned studio apartment units in one of the city's most rapidly evolving urban neighborhoods. This charming eightplex offers a strong blend of steady rental demand, functional unit layouts, and prime proximity to downtown Phoenix amenities. Each studio apartment is thoughtfully designed to maximize efficiency and comfort, appealing to tenants seeking affordable urban living with convenient access to employment centers, dining, entertainment, public transit, and nearby freeway connections. The property's classic character and practical configuration make it an attractive asset for both seasoned investors and owner-operators.
Courtesy: Compass
480-776-1555
Excellent value-add investment opportunity with immediate upside potential. All four units are currently tenant occupied at below-market rents, creating an opportunity to increase income through rental adjustments or unit renovations. The property features a desirable unit mix consisting of one 3BD/2BA, two 2BD/2BA units, and one 2BD/1BA unit. The ground-floor units each offer private yard space, adding desirable outdoor amenities for tenants. Each unit is individually metered for electricity, and the property includes a shared on-site laundry facility along with garage parking. Conveniently located near major local and regional employment centers, Grand Canyon University, the YMCA, Maryvale Park and pool facilities, schools, healthcare providers, and shopping centers.
Courtesy: ABI Multifamily
602-714-1400
RARE INVESTMENT OPPORTUNITY: Two Detached, Single-Family Homes (3-Bed / 1-Bath + 2-Bed / 1-Bath) on a Single, Oversized Lot (6,360 LSF Total) Just West of Downtown Phoenix. TRUE DETACHED LIVING: Features Two Separate Structures, Offering Maximum Privacy & Premium Rental Appeal Compared to Traditional Shared-Wall Duplexes. UNBEATABLE LOCATION & ACCESSIBILITY: Located 11 Minutes (4.5 Miles) From the Heart of Downtown & 11 Minutes From Phoenix Sky Harbor Airport, With Immediate Access to I-10 & I-17. URBAN LIFESTYLE ACCESS: Minutes From Hiking at South Mountain & Papago Park, Plus Immediate Access to the Scenic Trails of the Rio Salado Habitat Restoration Area. TRANSIT-ORIENTED CONNECTIVITY: A Short Distance (0.2 Miles) to the Nearest Valley Metro Bus Stop. PLEASE DO NOT DISTURB TENANTS.
Courtesy: Endless Ventures
602-315-7610
Options! House hack with out the sacrifice. Built with attention to every detail for owner occupant with rental income or strong investor rental income. Brand new efficient homes with 3 car size insulated garage flex spaces. outstanding location with downtown, 3 state schools of medicine, stadiums and new light rail within walking distance. Commanding views of city skyline from large sliders/deck or south mountain from rear. Secure your future today. Owner is licensed AZ RE agent.
Courtesy: Better Homes & Gardens Real Estate SJ Fowler
480-649-3536
Positioned at 16th St & Campbell Avenue, this portfolio presents a rare opportunity to acquire 12 well located 2-bedroom, 2-bathroom condominium units in the heart of Phoenix's prestigious Biltmore corridor. Located just a short walk from the AZ Biltmore and surrounded by premier shopping, dining, golf, and outdoor recreation, the property offers investors a highly desirable location w/enduring tenant appeal. *The offering consists of 11 units w/2-beds, 2-baths w/852 sf in the 85016 zip code, along w (1) additional 2-bed, 2-bath unit w/896 sf in the 85015 zip code. Residents benefit from a professionally managed HOA that handles the exterior maintenance, roof repairs, sewer service, trash collection and common area maintenance. Inquire within for the ''Offering Memorandum''. OWNER CARRY!
Courtesy: Matthews Real Estate Investment Services
310-388-0788
Melrose on 5th is a 12-unit multifamily community located in the highly sought after Melrose District. Originally built in 1961, the asset went through extensive repositioning in 2016 and features a rare mix of (12) 3-bedroom, 2-bathroom floor plans measuring approximately 1,200 square feet each. Unit interiors are all upgraded and feature washer/dryers, fully equipped kitchens with dishwashers and built-in microwaves, stainless steel appliances, faux vinyl wood flooring, and modernized bathrooms. Exterior amenities include gated access entry ways, charcoal barbeque grills, resort-style swimming pool, covered parking, and low maintenance desert landscaping. Great opportunity opportunity to acquire a well-maintained, renovated asset within one of Phoenix's strongest urban infill corridors.
Courtesy: KLM Real Estate Brokerage
602-430-8825
Investor special with strong upside potential! This triplex was previously a 4-plex and could be converted back. Two of the units are in need of repairs and some updating, but offers an excellent opportunity for investors, flippers, or buyers looking to add value. The property is on a corner lot with a 4 bedroom/2 bath unit which has been remodeled and updated with stainless steel appliances, updated countertops and laminate wood floor. Two additional units with 2 bedrooms/1 bath. Tons of room for parking and enormous back yard.with a shed. Also includes leased solar panels. Some deferred maintenance throughout -- being sold as-is. Great chance to rehab and increase rents. No HOA!
Courtesy: Balboa Realty, LLC
602-899-6675
Discover modern living in this stunning newly built two-story duplex located in the desirable Camelback East neighborhood. This exceptional duplex home features three spacious bedrooms with expansive walk-in closets and two and a half elegant bathrooms showcasing high-end finishes on each unit. The open-concept layout seamlessly connects the gourmet kitchen to the living areas, perfect for entertaining guests or family gatherings. Step outside to a large backyard ready for your personal design, offering endless possibilities for landscaping and outdoor enjoyment. Built with top-tier materials and meticulous craftsmanship, this duplex also includes a convenient garage per unit for added accessibility and security. Don't miss the chance to make this beautiful space your own!
Courtesy: eXp Realty
480-291-4478
Established rent by room tri-plex with over 6 years of history. Strong income track record with $75,000-$79,000 annual rents. Financials available upon request. Recent capital improvements include 1 new AC unit & new 400 Amp electric panel. Unit 102 had new kitchen cabinets installed in 2020, new hall bath tub and tile. Unit 101 configured as a 3 bedroom 1 bathroom, unit 102 4 bedroom 2 bathroom, unit 201 - 3 bedroom 2 bathroom. 2025 Financials are attached in the documents tab
Courtesy: Realty ONE Group
480-285-0000
Turnkey Phoenix Duplex Investment Opportunity! Welcome to 4201 E Almeria Rd, Phoenix, AZ -- a fully furnished, income-producing duplex currently operating as a successful short-term rental property with a strong 4.79-star guest rating and 94.4% 5-star reviews. Ideally located near Phoenix Sky Harbor International Airport, Central Phoenix, Old Town Scottsdale, major freeways, dining, entertainment, and Cactus League Spring Training ballparks, this property offers exceptional convenience for travelers, investors, and owner-occupants alike. Unit 1 features 2 bedrooms and 2 bathrooms, while Unit 2 offers 2 bedrooms and 1 bathroom. The property is currently configured for Airbnb-style room-by-room rentals, creating strong income potential and flexible occupancy options. The sale includes all existing furnishings, appliances, refrigerators, washers, and dryers, allowing for a seamless transition to the next owner. Recent capital improvements include: " Unit 1 HVAC replaced in 2021 " Unit 1 water heater replaced in 2023 " Unit 2 HVAC replaced in 2022 " Unit 2 water heater replaced in 2021 " Additional light remodeling and interior updates completed throughout the property Additional features include: " No HOA " Fully operational short-term rental setup " Income-producing opportunity " Furnished turnkey investment " Close proximity to Scottsdale, Downtown Phoenix, Tempe, and Spring Training facilities " Convenient access to shopping, restaurants, nightlife, and freeway systems Whether you're looking for a short-term rental investment, house-hacking opportunity, or furnished multi-family property in a prime Phoenix location, this duplex offers flexibility, location, and proven rental performance.
Courtesy: Barrett Real Estate
480-864-2100
Back and better than ever with a brand-new roof and major upgrades throughout! Welcome to 2828 E Chipman Rd in Phoenix -- a rare duplex opportunity offering updated living space and excellent investment potential. The front unit spans approximately 1,700 square feet and has been recently remodeled with 3 bedrooms, 2 bathrooms, a stunning new kitchen with modern finishes, fresh carpet throughout, and a spacious, move-in-ready layout. The AC unit was replaced in 2021 for added peace of mind. The back unit offers approximately 1,000 square feet with 2 bedrooms and 1 bathroom, making it ideal for rental income, multigenerational living, or additional flexibility. Whether you are looking to live in one unit while leasing the other or searching for a turnkey investment property, this duplex offers exceptional versatility and value. Located in Phoenix's desirable South Mountain area, the property provides easy access to I-10 and Loop 202, making commuting throughout the Valley simple and convenient. Just minutes from Downtown Phoenix, residents can enjoy nearby dining, entertainment, and cultural attractions, including Papago Park, the Phoenix Zoo, Desert Botanical Garden, Heritage Square, the Rosson House Museum, and the Arizona Science Center.
Courtesy: Wealth Builder Real Estate Services
480-807-3493
MOTIVATED SELLER Nice 4-plex with great upside income potential. Mix of 2 1 bed and 2 2bed units each with separate backyard area for privacy. All 4 units currently rented with long term tenants and each are on month to month leases. Storage room partially converted to studio unit and may be able to provide additional income producing unit. Tenant occupied property, Drive by only, PLEASE DO NOT CONTACT OR DISTURB THE TENANTS REGARDING SALE OF THE PROPERTY.
Courtesy: CR Property Services, Inc
602-765-7575
Great opportunity to own a 4-unit multifamily property near the SR-51 Freeway and North Mountain/Squaw Peak area. The front house is a remodeled 2 bedroom, 1 bath home featuring luxury vinyl plank flooring, updated cabinets, countertops, appliances, gas stove, above-range microwave, HVAC, washer/dryer hookups, covered parking, and private yard. The property also includes three rear units: two 1-bedroom units and one studio. All the units including the house are fully occupied. Conveniently located near shopping, dining, and freeway access.
Courtesy: Fathom Realty
877-661-1977
No vacancies in 5 years! Two Homes on One Lot. Rent out one unit and live for free! Welcome to a rare and elegant dual-home opportunity in the rapidly growing Central City area of Phoenix. This exceptional property features two complete, fully renovated homes on one spacious lot, generating $3,767 in gross monthly rent and offering unmatched versatility for investors, multi-generational families, or owner-occupiers seeking rental income potential. Current leases expire 7/31/2026 and 1/31/2027, providing excellent timing to implement your desired strategy. Nestled on a spacious newly steel-fenced and gated lot, this rare offering combines modern comforts, excellent income potential, and walkable access to downtown dining, culture, and sports venues. The front home is a gorgeously remodeled 2-bed, 1-bath residence with abundant living space, featuring a spacious living room with French doors for elegant privacy, a large open kitchen with full-sized stainless steel gas stove, microwave, dishwasher, French-door refrigerator, and butcher block countertops complemented by beautiful tile work. The home boasts an updated tiled shower, luxury vinyl plank flooring, and modern lighting fixtures throughout. A separate laundry room includes an individual full-sized front-loading washer and dryer, while the exterior offers a 2-car covered carport, 2-car driveway, and extended covered back patio with built-in BBQ. The rear home is an equally stunning 2-bed, 1-bath remodeled residence with beautiful kitchen features including butcher block countertops, digital range, built-in microwave, refrigerator, Shaker cabinets, and modern shelving. The bathroom showcases a lovely tiled shower surround with basin sink and high-arc spray faucet, while the living room features an elegant chandelier. Newer windows throughout provide excellent energy efficiency, low-profile light fixtures grace the bedrooms, and a full-size washer and dryer are included. The private fenced backyard is perfect for pets, with off-street private parking for two vehicles. Both homes were renovated in 2021 and are separately metered and fully self-sufficient with independent utilities. With quick access to I-10 and I-17 freeways and Sky Harbor Airport less than 15 minutes away, commuting is effortless. This prime location in one of Phoenix's most strategic neighborhoods offers no HOA restrictions, giving you complete freedom for how you use the space. Whether you're a savvy investor capitalizing on Phoenix's hot rental market or a homeowner seeking flexibility and rental income, this rare dual-home property on one lot represents an exceptional value with huge upside potential. DRIVE-BY ONLY; please do not disturb tenants. Walkthroughs available only with accepted offers. Buyer to verify all information.
Courtesy: Fathom Realty
877-661-1977
Discover a prime investment opportunity in strong central Phoenix with this fully occupied 8-unit multifamily complex generating consistent cash flow from day one. This exceptional property comprises three spacious 1-bedroom, 1-bathroom units and five efficient studio units, perfectly positioned to capitalize on the area's high demand for affordable rentals where vacancies remain rare. Each unit features its own electrical sub-panel for independent metering and billing. While all three 1-bedroom units boast in-unit washer/dryers for premium tenant appeal, and studios share a convenient on-site laundry facility. The property is fully fenced with one dedicated parking spot per unit, creating a secure and organized community. Major systems including plumbing, electrical, and HVAC were professionally upgraded in 2021, ensuring reliability and minimal maintenance concerns for years to come. The property is well-maintained with regular upkeep including fresh paint and timely repairs. With its R-5 zoning allowing for maximum density in multifamily development, this property presents significant future redevelopment possibilities for investors seeking long-term upside potential. Located strategically near Downtown Phoenix, the Central Avenue light rail extension, and with easy access to I-10 and I-17, residents enjoy quick commutes to key employment corridors and major transit routes. Beyond the stable current income, this is a true value-add opportunity--the large lot provides room for expansion, and there's strong potential to increase returns by replacing flooring and installing washer/dryers in the remaining studio units, or utilizing the huge courtyard for income-producing amenities like vending machines. This combines built-in stability with substantial upside for an investor ready to maximize returns. DRIVE-BY ONLY; please do not disturb tenants. Walkthroughs available only with accepted offers. Buyer to verify all information.
Courtesy: Fathom Realty
877-661-1977
Welcome to an outstanding investment opportunity in desirable South Phoenix! This beautifully renovated duplex offers the perfect blend of strong cash flow, modern finishes, and strategic location--plus the flexibility to build equity while living rent-free. With two identical side-by-side units currently generating $3,520 in gross monthly rent, this turnkey property delivers immediate returns with minimal landlord involvement, or pursue a smart owner-occupancy strategy by living in one unit while rental income from the other covers your mortgage. Each spacious 2-bed, 1-bath unit features elegant, high-quality finishes throughout with updated kitchens showcasing white Shaker cabinetry, granite countertops, stainless steel appliances, and recessed lighting that creates a bright, modern aesthetic. Full bathrooms impress with new tiled showers, updated vanities, and contemporary fixtures. Open-concept living areas flow seamlessly, complemented by abundant natural light and new dual-pane windows that let in Arizona's beautiful weather year-round. This property is essentially brand new inside and out with a brand-new roof, new HVAC systems, and freshly updated plumbing and electrical throughout--completed in 2019-2021. The combination of structural integrity and modern efficiency means minimal maintenance concerns for years to come. Each unit boasts private front and backyards--a rare find in the duplex market. The huge fenced back area with convenient gates offers ample space for RV or boat storage, entertaining, or simply enjoying Arizona's stunning sunsets. Separately metered electric and water (yes for water as well) for each unit mean transparent billing and simplified tenant management, while low-maintenance front landscaping keeps curb appeal high without the headache. Current leases expire 12/31/2026 and 11/30/2026, providing excellent timing to implement your desired strategy--whether that's maintaining strong investor cash flow or transitioning to owner-occupancy with flexible rental options. Just minutes from Sky Harbor International Airport and downtown Phoenix, this neighborhood offers unbeatable convenience and is experiencing significant growth with new construction and exciting development projects nearby, positioning this as a strong value play. This is true turnkey real estate--fully occupied, fully renovated, fully metered with an attractive cap rate and low vacancy risk. Property is strictly drive-by; please do not disturb tenants. Walkthroughs available after contract acceptance. Don't miss this rare opportunity to acquire a premium duplex investment with immediate cash flow, modern finishes, location advantages, and the flexibility to customize your ownership strategy. Buyer to verify all facts and figures.
Courtesy: HomeSmart
602-230-7600
Duplex featuring two units, each with 2 bedrooms and 1 bathroom. Both units are occupied.
Courtesy: Better Homes & Gardens Real Estate SJ Fowler
480-649-3536
Uptown Phoenix Class ''A'' Location In Sought After 85014 Zip Code. 4 Large 2 Bedroom 1 Full Baths/Tubs 900+/- sf Units With Private Yards That Sits On a Huge 15,000 sf Corner Lot with Mature Shade Trees, Covered Parking and Onsite Laundry. Pride Of Ownership Shines All Over These Two Well Maintained Masonry/Brick Buildings. Current Rents Are Low Market with Lots of Room To Run For Many Years To Come At This Class A Location. Facts and Figures Approximate, Buyer to Verify to Their Satisfaction.
Courtesy: SERHANT.
480-703-4085
Exceptional investment opportunity in the desirable Arcadia/Osborn corridor! This beautifully renovated duplex features two separate 2 bed / 1 bath units, each currently operating as STR and offering excellent flexibility for short-term, long-term, or owner-occupant use. Both units are move-in ready with updated finishes, stainless steel appliances, open-concept living spaces, and wood-look LVP flooring throughout. Each residence includes its own private yard space, dedicated carport parking, and access to a shared laundry room--rare amenities that enhance tenant and guest appeal. A turnkey income-producing property in one of Phoenix's most sought-after central locations.
Courtesy: Prestige Realty
602-944-2100
Great fully remodeled and updated 3 Plex!!! Features 4 bed 2 baths in main house and two studio style attached casitas!!! The larger casita has its own full kitchen, laundry, bathroom and laundry. The 2nd casita has a Kitchenette, full bathroom and closet!!! New cabinets, countertops, appliances in gourmet kitchen with island!! Vinyl plank flooring throughout with tile in the bathrooms. Home extremely energy efficient with spray foam insulation throughout, block construction, upgraded windows and doors, and owned solar on the roof. New roof, trane ac unit, mini split ac units for casitas, water heaters and more. Large lot with ample parking and RV gate! Backyard can be divided to make separate entrances and yards for casitas. Owner/agent/broker
Courtesy: Keller Williams Integrity First
480-854-2400
Great duplex investment opportunity near Downtown Phoenix! Two-unit property with easy access to I-17, I-10, and Sky Harbor Airport. Perfect for investors or owner-occupants. Convenient location close to restaurants, schools, shopping, and public transportation.
Phoenix is located in Arizona. Phoenix, Arizona has a population of 1,591,119. Phoenix is more family-centric than the surrounding county with 31.58% of the households containing married families with children. The county average for households married with children is 31.17%.
The median household income in Phoenix, Arizona is $64,927. The median household income for the surrounding county is $72,944 compared to the national median of $69,021. The median age of people living in Phoenix is 34.1 years.
The average high temperature in July is 104.5 degrees, with an average low temperature in January of 43.2 degrees. The average rainfall is approximately 9.2 inches per year, with 0 inches of snow per year.
