Courtesy: Balboa Realty, LLC
602-899-6675
Brand-new modern duplex featuring two spacious units, each offering 2 bedrooms, 2 bathrooms, and a private laundry room. Designed with stylish finishes, modern details, and an open-concept layout that makes a difference. Perfect for investors or owner-occupants looking for a low-maintenance, move-in-ready property. Don't miss this opportunity!
Courtesy: Better Homes & Gardens Real Estate SJ Fowler
480-649-3536
Flexible Duplex in Central Phoenix-This two-unit property offers flexibility for an owner-occupant or investor. Live in one unit and rent the other, or explore the possibilities for both. Unit-1859 features 2-bedrooms, 1-bathroom, with 1100 sf, a den, a laundry room and a very large yard. Unit-1857 offers 2-bedrooms, 1-bathroom, 850 sf, a laundry room and it's own yard. Both units have covered parking in the rear. Owner recently invested $14,000 in new plumbing. Property is conveniently located near shopping & dining, with Phoenix Children's Hospital, Phoenix College, Steel Indian School Park & Central Ave transit stops in the area. Downtown Phoenix attractions and Phoenix Sky Harbor Airport are all accessible from this central location.
Courtesy: Compass
480-776-1555
Renovated, fully occupied duplex in a convenient Central Phoenix location offering immediate rental income and exciting future development potential! This property features two separate 1-bedroom, 1-bathroom units, each with a full kitchen, stainless steel appliances, wood-look vinyl plank flooring, private fenced backyard, washer/dryer hookups, and storage. Both units are separately metered, with existing leases extending into mid-2027. Situated on a 7,526 sq. ft. parcel zoned R-4 multifamily, the property includes additional unused land behind the existing duplex, creating an opportunity for investors and developers to explore expansion or redevelopment. Potential concepts include adding two additional 1-bedroom, 1-bathroom units, building a larger 2-bedroom, 2-bathroom unit with a private yard, or redeveloping the property into a modern multifamily investment property. Buyers may also explore single-family redevelopment possibilities. Ideally located near SR-51, I-10, Downtown Phoenix, and the Biltmore area, with convenient access to shopping, dining, and entertainment. Enjoy rental income today while exploring the possibilities for tomorrow!
Courtesy: Matthews of Arizona
866-889-0550
9-unit multifamily investment opportunity in Phoenix, AZ. Built in 1946, the property spans two contiguous parcels (2916 and 2920 E. Monroe Street) and features a diverse unit mix: three studios, three one-bedrooms, two two-bedrooms, and one large three-bedroom unit over 1,000 SF. The asset offers stable current cash flow with upside potential through interior and exterior renovations. Current ownership has already completed a full sewer line replacement, mitigating a major capital expense. Strategically located, the property provides convenient access to Downtown Phoenix, Phoenix Sky Harbor International Airport, and major transportation corridors (Loop 202 and I-10), ensuring strong long-term tenant demand and investment stability.
Courtesy: Orion Investment Real Estate
480-634-6934
The D'art Apartments is a well-maintained 10-unit multifamily property in the heart of Downtown Phoenix. The property has been owned by the same family since its construction. The location puts residents within walking distance of Downtown Phoenix's restaurants, major employers, and entertainment venues, which supports steady tenant demand in one of the Valley's most active urban cores. The property has been consistently maintained under long-term ownership. It also offers investors an operational value-add opportunity through updated management practices, improved operating efficiencies, and alignment of rents with the surrounding market.
Courtesy: Marcus & Millichap
602-687-6700
Earll Palms is a fully renovated, 9-unit* multifamily community ideally situated in the heart of Central Phoenix. The property features an attractive unit mix consisting almost entirely of spacious two-bedroom floorplans, appealing to residents seeking additional living space in a highly accessible urban location. Extensive renovations have transformed the community with contemporary cabinetry, stainless steel appliances, upgraded countertops, and wood-style flooring. Strategically located just half a mile from Phoenix's Innovation Employment Corridor, Earll Palms benefits from proximity to a major concentration of healthcare, education, research, and technology-related employment. *Unit ''A'' is not permitted
Courtesy: Grayson Real Estate
602-418-2950
R-5 Zoned for High Density Multi-Family located within the Hatcher District Overlay that allows restaurants, office, and retail within new developments. Shovel ready, fully approved project awaiting a developer to pull permits for a 20 unit 2 story development with 10 garages and 21 additional surface parking spaces. However, there is also a previously approved 24 unit 3 story project that has the following floor plans: 14 three bed/two bath, 6 two bed/one bath, and 4 one bed/one bath. The development consists of 24,324 square feet of living space. Both plan set conveys with sale.
Courtesy: West USA Realty
480-948-5554
Turn-Key 6-Plex in central Phoenix-1005 leased, Cash Flowing Day1 Rare opportunity own a fully stabilized 6-plex in the heart of Phoenix! Property Highlights: -6 Units: All 1 Bed/ 1 Bath-the most in-demand layout in Phoenix. -100% Occupied:All 6 Units currently leased -Dedicated Parking:1 dedicated perking space per unit -Great Central Location:Minutes from Downtown Phoenix ,hospitals,ASU Downtown, dining and transit Turn-Key:Start collecting rent immediately -Strong Rental Demand:Perfect for long term holder portfolio addition.
Courtesy: LRA Real Estate Group, LLC
480-526-5644
Opportunity to own a strategic lot next to Central Ave. 2 small older homes back to back on Weldon and Clarendon. Both units are leased, not vacant. Are you a Residential Buyer or Commercial Buyer?
Courtesy: ABI Multifamily
602-714-1400
6202 North 12th Place is a well-maintained 4-unit asset in Phoenix's highly sought-after 85014 zip code. Built in 1957, the property features (1) 2-bed/1-bath unit & (3) 1-bed/1-bath units. The property's major systems have been redone or are in good condition, including the roof, HVACs, plumbing lines, & electrical providing investors with a solid foundation for long-term ownership. (1) unit has been remodeled, while the remaining (3) units are in good, classic condition & offer additional upside through future improvements. Covered parking, community laundry, & private patios enhance tenant appeal in a robust rental submarket. Located in a quiet pocket of North Central Phoenix, the property offers convenient access to the Uptown Corridor, Biltmore, Phoenix Mountains, & SR-51.
Courtesy: JM Realty
480-785-5612
Great Investment Property. Rare opportunity to own a three-family property in Phoenix! This unique investment property features three separate 1-bedroom, 1-bathroom units, all currently vacant, offering flexibility for customization and future rental opportunities. Situated on an oversized lot, the property offers exciting potential for expansion and the possibility of adding additional units. An excellent value-add opportunity for investors looking to maximize the property's existing improvements, create multiple income streams, and explore its future potential. Conveniently located near downtown Phoenix, major roadways, shopping, dining, and employment centers. Bring your vision and take advantage of the possibilities this versatile multi-family property has to offer!
Courtesy: Real Broker
480-354-7344
**RARE 5-Unit INVESTMENT OPPORTUNITY IN THE HEART OF DOWNTOWN PHOENIX!** Located in the desirable Woodland Historic District, this unique property offers incredible versatility with a modern single-family residence and four additional 1-bedroom apartments, all built in 2019! Whether you're looking to expand your investment portfolio, generate multiple rental income streams, or live on-site while renting out the additional units, this property offers endless possibilities! The spacious main residence features 4 bedrooms, 3.5 bathrooms, a den, bonus room, and a 1-car garage. Modern finishes include quartz countertops, stainless steel appliances, vaulted ceilings, and a walk-out patio. Quality block construction and a tile roof add to the appeal. Each of the four 1-bedroom apartments features a spacious great room, full kitchen, private bathroom, and its own washer and dryer. Covered parking and a gated courtyard provide added convenience and privacy. LOCATION, LOCATION, LOCATION! Enjoy easy access to everything Downtown Phoenix has to offer, including the Roosevelt Row Arts District, CityScape, ASU Downtown Campus, professional sporting events, entertainment venues, restaurants, shopping, and vibrant nightlife. An incredible opportunity to own a newer multi-unit property in one of Phoenix's most exciting urban locations. LIVE IN ONE, RENT THE OTHERS, OR MAXIMIZE YOUR INVESTMENT POTENTIAL!
Courtesy: Realty ONE Group
623-236-1414
TWO FULLY FURNISHED AIRBNB RENTALS COMPLETELY RENOVATED HISTORIC DUPLEX DOWNTOWN PHOENIX! Rare opportunity to own a beautifully renovated, turnkey multifamily investment property in the heart of Phoenix's desirable Garfield Historic District! Currently operating as TWO separate Airbnb rentals, this charming duplex is being sold FULLY FURNISHED, offering an incredible opportunity for investors looking to expand their short-term rental portfolio or buyers seeking a flexible income property. Each thoughtfully updated residence features 1 bedroom, 1 bathroom, a versatile den, private entrance, and stylish modern finishes that perfectly blend historic neighborhood charm with contemporary comfort. LOCATION IS EVERYTHING! Situated near the vibrant energy of Downtown Phoenix, with convenient access to Chase Field, Mortgage Matchup Center, Roosevelt Row Arts District, the popular First Fridays Art Walk, and an incredible selection of restaurants, coffee shops, breweries, nightlife, and entertainment. Sports fans, concertgoers, and visitors alike will appreciate the proximity to Phoenix's major attractions, while the surrounding Garfield neighborhood offers its own unique historic character. Whether you're looking for an established Airbnb property, furnished short-term or mid-term rental opportunities, a long-term multifamily investment, or the chance to live in one residence while renting the other, the possibilities are exceptional! With BOTH units fully furnished, beautifully renovated, and already operating as vacation rentals, much of the initial setup has been completed. TWO SEPARATE RESIDENCES. ONE INCREDIBLE DOWNTOWN PHOENIX INVESTMENT OPPORTUNITY!
Courtesy: Realty ONE Group
480-285-0000
The unit interiors have been nicely updated. Two are currently rented and one is owner occupied. This property is a Short Sale, any buyer will need to exercise patience while we negotiate your offer with the bank. There are some known issues with the property and it has been priced accordingly.
Courtesy: SRL Group
480-612-0367
Duplex in the heart of Phoenix. Both units have two bedrooms and one bathroom with newer roofs, electrical, and HVAC's. The front unit has a newer patio and new windows. Back unit has updated flooring throughout. Exterior of both have been recently repainted and new block wall surrounding property. Close to Route 51, Interstate 10, Highways 101 and 202, Downtown Phoenix, and Phoenix Sky Harbor Airport.
Courtesy: Paramount Management & Realty, LLC
623-688-5844
Investor Opportunity in Central Phoenix's Victor Park/Biltmore Corridor! This triplex offers immediate cash flow and long-term upside in one of Phoenix's most sought-after rental markets. Comprised of two 1-bedroom units and one 2-bedroom unit, the property features spacious private yard areas for each tenant, open parking, mature landscaping, and strong tenant appeal. Conveniently located less than half a mile from AZ-51, providing quick access to Downtown Phoenix, Sky Harbor Airport, Camelback Corridor, and major employment centers. Nearby demand drivers include Phoenix Children's Hospital, Phoenix Indian Medical Center, restaurants, shopping, parks, and outdoor recreation. Recent capital improvements include a newer roof and newer water heaters, helping reduce overhead costs.
Courtesy: Fathom Realty
877-661-1977
This Central City triplex delivers IMMEDIATE INCOME with $4000+ in gross monthly rent already locked in. Three SEPARATELY METERED units--two in the front building, one standalone in back, all currently leased. This property checks all the boxes: immediate income, low management overhead, and clear upside. Central City location means solid tenant demand and easy access to downtown Phoenix. True hands-off operation with SEPARATE ENTRANCES for each unit, private outdoor space, requiring minimal active management and maintaining strong tenant satisfaction. Whether you're a first-time house hacker seeking to reduce your housing costs or an experienced investor building a multifamily portfolio, this three-unit property offers flexibility, immediate income, and growth potential in a stable rental market. Hurry! This won't last. DRIVE-BY ONLY--do not disturb tenants. Walkthroughs by accepted offer only. Buyer to verify all information.
Courtesy: Orion Investment Real Estate
480-634-6934
Adams Street Apartments is a 16-unit apartment community offering immediate value-add potential. Originally configured as 17 units, the property includes a storage room that could be converted back into a studio unit, creating an opportunity for additional rental income. Owned and operated by the same ownership since 2012, the property has benefited from consistent capital improvements, including new roofs, ongoing electrical panel replacements and extensive plumbing updates. Units have also been renovated incrementally as they become vacant. With a majority of long-term tenants paying below-market rents, the property offers investors multiple opportunities to increase income through continued renovations, loss to lease recovery and the restoration of the 17th unit.
Courtesy: ABI Multifamily
602-714-1400
Sierra Vistas Apartments is a 24-unit community offering a rare value-add opportunity in one of North Central Phoenix's most desirable and supply-constrained rental markets. Built in 1957, the two-story, garden-style community consists of (2) studios, (8) 1-bed/1-bath units, and (14) large 2-bed/2-bath units. Residents enjoy an on-site pool, a landscaped courtyard, community laundry, & covered parking. The property offers substantial upside through interior, exterior, & system renovations, giving a new owner the opportunity to unlock meaningful rental growth in a neighborhood with consistently strong tenant demand. Master-metered electric & a central chiller/boiler present further opportunities for a buyer to implement a capital improvement strategy tailored to their investment objectives. Situated in a quiet pocket of the highly sought-after 85014 zip code, the property offers residents convenient access to the Uptown Corridor, the Biltmore, Phoenix Mountains, SR-51, premier healthcare, major employment, popular dining, & everyday retail.
Courtesy: eXp Realty
888-897-7821
WHY START FROM SCRATCH WHEN YOUR INVESTMENT CAN START WORKING FOR YOU FROM DAY ONE? Here's your opportunity to own a beautiful, nearly new duplex in the heart of Phoenix, with an established tenant already leasing BOTH units under a 3-YEAR LEASE AGREEMENT! Built in 2024, this income-producing property offers 3,334 total sq. ft., featuring TWO spacious 4-bedroom, 3.5-bath residences, each with dual primary suites, modern finishes, quartz countertops, stainless steel appliances, two laundry areas, and a 2-car garage. EV charging adds another modern convenience! Minutes from Downtown Phoenix, major employment centers, entertainment, and freeways. YEAR-END INVESTORS, TAKE NOTICE! Secure an income-producing asset with potential depreciation and tax advantages. Why wait to build your portfolio?
Courtesy: Go Win Property Management
480-400-2920
100% Occupied! Freshly painted 4 plex consisting of all 2 bed / 1 bath units. All units feature tile flooring. Off street parking available for residents. Close proximity to schools and jobs.
Courtesy: Keller Williams Realty Sonoran Living
480-948-3338
Situated on an expansive 35,480-square-foot (approximately 0.81-acre) lot in an evolving North Phoenix neighborhood, this R-3 zoned property presents a compelling opportunity for investors, developers, and visionaries looking to capitalize on the area's continued revitalization and long-term growth potential. Previously operating as a six-unit residential compound with multiple income-producing residences, the property offers a unique opportunity to reimagine its next chapter. The site has sustained significant fire damage, with only one of the original buildings remaining standing, creating an opportunity to explore redevelopment, reconstruction, or an entirely new residential investment concept. With its generous lot size, established residential surroundings, and convenient proximity to major transportation corridors, shopping, dining, and employment centers, the property offers an attractive foundation for a potential income-producing development. Whether envisioning multifamily housing, a thoughtfully designed residential compound, or another permitted use, the possibilities are worth exploring. An opportunity to acquire a substantial parcel in an evolving North Phoenix location and unlock its future potential. Buyer to verify zoning, allowable density, development requirements, and feasibility with the City of Phoenix.
Courtesy: eXp Realty
888-897-7821
Assume a 2.50% fixed-rate VA loan in a 7% market! Veteran and non-veteran buyers may assume with lender approval, potentially saving thousands versus new financing. This North Central Phoenix duplex offers 2,541 sf on a rare quarter-acre lot. Unit A is a single-family-sized 3 bed/2 bath home with an open great room and island kitchen; Unit B is a 2 bed/1 bath; the 2-car garage rents separately for added income. Major updates done: 2023 roof restoration with 5-yr workmanship warranty, dual-pane windows (2023), permitted electrical upgrade (2021), and in-unit laundry in both homes. Live in one unit and let the other help pay the mortgage, or hold as a cash-flowing rental with built-in rent upside. Opportunities like this are rare!
Courtesy: Realty ONE Group
480-285-0000
NEXT GEN LIVING & INCOME-GENERATING POTENTIAL! This versatile North Central Phoenix property features a 3-bedroom, 1-bath main residence + an attached 1-bedroom apartment. The rare duplex-style configuration offers flexibility for multigenerational living, extended family, guests, or potential rental income. Connected yet separate living spaces provide added privacy while keeping loved ones close. Bring your vision to create a next gen setup, explore rental income to help offset monthly expenses, or expand your investment portfolio. Conveniently located near North Mountain, this unique property offers options to adapt to your lifestyle and goals. Whether you need room for loved ones or space with income potential, discover the possibilities. Two living spaces, an exceptional opportunity and Sunnyslope areas with convenient access to shopping, dining, hiking, recreation, and major Valley freeways, this property combines flexibility with an excellent central Phoenix location. A fantastic opportunity for an owner-occupant or investor--bring your vision and discover all the possibilities this unique property has to offer!
Courtesy: eXp Realty
888-897-7821
Check out this lovely multiple dwelling residence, now for sale in Clifton Place! Nestled on a premium corner lot & featuring a large front yard w/plenty of parking space, this is an opportunity you cannot miss! Each unit boasts a spacious dining & living area w/elegant wood-look flooring and crisp palette throughout, perfect for entertaining. Kitchens come equipped w/shaker cabinetry, quartz counters, recessed lighting, and stainless steel appliances. Cozy bedrooms w/sizeable closets promise a good night's sleep! Enjoy an excellent location w/easy freeway access, close to various restaurants & shopping spots! What are you waiting for? Hurry and act now!
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.
