Courtesy: RE/MAX Fine Properties
480-792-9500
Investor's Delight for CASH FLOW! All units rented, 2br/2ba each for 3 Units with inside laundry. Unit 103 is a 1.5ba. Ideal location to schools close by, Loop 101 and 51, Desert Ridge, Scottsdale & Downtown Phoenix, DRIVE BY ONLY, DO NOT DISTURB TENANTS. There are 4 Leased Units that are each 2 Bedrooms. 103 - $1600 101 - $1500 102 - $1400 201 - $1300 totaling $5,800 Gross Rent/monthly..
Courtesy: MCO Realty
480-837-2500
Exceptional Investment Opportunity in a Prime Phoenix Location! Papago View Apartments is a 20 Unit Complex consisting of 5 buildings with 4 units each. Built in 1964 with Solid Block Construction on a 36,000 sq. ft. lot, 19 of the 20 Units have been remodeled with new appliances, cabinetry, countertops & HVAC units. The unit mix is 15 One Bedroom Units and 5 Two Bedroom Units with several units having a private yard. Located just off the Loop 202, tenants enjoy quick commutes & proximity to many outdoor attractions such as Papago Park & the Phoenix Zoo. Exterior Inspection Only. Interior Inspection Only Upon Accepted Contract Unless Vacant Unit is Available.
Courtesy: Better Homes & Gardens Real Estate SJ Fowler
480-649-3536
Cash Flowing Triplex, Priced to Trade Quickly, Market Rents, Low Expenses Near North Mountain, I17, Tile Flooring, Private Patio's, Lots of Parking, Individually Metered for Electricity, Laundry Onsite Opportunity. All facts and figures approximate, Buyer to verify to their own satisfaction.
Courtesy: RE/MAX Signature
602-626-9200
{ INVESTOR ALERT } 3 Units with lots of parking!! Main home is a 2 Bedroom, 1 Bath approx 1080 Sqft with new windows installed as of Sept 2026! Next Unit is another 2 Bedroom, 1 Bath approx 780 Sqft with easy access from the alley! Third unit is a studio with a full bathroom and kitchen approx 336 Sqft. Tandem parking in driveway accessible from the street and extra parking accessible from the alley. Great location in central Phoenix near a major university, freeway, community bus routes, and shopping.
Courtesy: Good Oak Real Estate
480-539-4775
Location! Location! Location! Beautiful high-end, nearly new 4-Plex. Fantastic views to downtown, and across from newly renovated Hance Park and dog park and beautiful Japanese Friendship Garden. High-end Finishes, Vaulted Ceilings in upper units, all units have 2 Bedrooms and 2 Bathrooms with laundry in all units. Upper units have walk-out balconies in front and back. Common area includes a built-in BBQ and ramada and turf area with desert landscaping. Each unit has 1 assigned covered parking with one additional covered parking and ample uncovered parking next to the property. Less than 1/2 mi. to light rail and access to SUNS and DBACKS arenas, 1/2 mi. to Portland St. Cultural District and Roosevelt Row Arts District and Banner University hospital! Drive-by only until accepted contract
Courtesy: ABI Multifamily
602-714-1400
Built in 1953 and renovated in 2023, this 6-unit garden-style property features six 1-bedroom / 1-bathroom units with modern interior finishes throughout. Each unit has been renovated with vinyl flooring, quartz countertops, stainless-steel appliances, and updated cabinetry, along with the convenience of their own washer and dryer. A private backyard accompanies each unit, providing residents with ample outdoor space. Situated in Phoenix's Bel-Air neighborhood, the property is less than one mile from the Melrose District along 7th Avenue and offers convenient access to Phoenix Country Club, Encanto Park and Golf Course, and Phoenix College.
Courtesy: Luxe Collective Group LLC
623-806-0533
Proved to Sell! Excellent opportunity to acquire a fully occupied triplex with established rental income. Each 1 bd/1 bath unit is rented at $1,300/month through government voucher programs, generating $3,900 in gross monthly income, including utilities. Subject to voucher requirements and approval, an incoming owner may have the opportunity to amend leases, making tenants responsible for electricity, with adjusted rents of approx. $1,200/month. Updated in 2019 with granite countertops, tile flooring & stainless steel appliances. Roof coated 10/2022. Staggered lease expirations in May, June & September 2027 provide established occupancy and income from day one. Sold AS-IS with light exterior cosmetic improvements needed. Great investor opportunity! Drive by only until under contract.
Courtesy: ABI Multifamily
602-714-1400
1802 N 26th Pl is an attractive opportunity to acquire a fully occupied 10-unit multifamily asset generating an in-place cap rate of 6.33%, with additional upside through completing remaining interior & exterior renovations. Strong in-place rents and occupancy, coupled with a significant concentration of three and four-bedroom units, provide a compelling competitive advantage in a submarket with strong demand for larger floor plans. Built in 1960, the property has undergone substantial reconstruction and renovation, including five fully reconstructed units and two renovated units in 2021, while three units remain in classic condition. Recent capital improvements include new roofs, plumbing lines, electrical systems, and upgraded interiors across seven units. The favorable unit mix includes one studio, three one-bedrooms, one two-bedroom, four three-bedroom casitas, and one four-bedroom casita, providing broad tenant appeal and diversified rental demand. Select units offer private patios. All five three- and four-bedroom units have their own washer / dryer, and the remaining five units utilize on-site community laundry. Ideally positioned between Central Phoenix and the East Valley, the property is minutes from the I-10, SR-51, and Loop 202 Freeways as well as Phoenix Sky Harbor International Airport, Biltmore FashionPark, and the Camelback Corridor, offering residents convenient access to major employment, retail, dining, and entertainment destinations.
Courtesy: RE/MAX Fine Properties
480-792-9500
Welcome To ''Westline Luxury Residences'' A Premier New-Construction Investment Opportunity. One Separately Assessed Parcel Includes Two Fully Detached 3-Bed, 2-Bath Residences, Conveying Together At $600K. The 1,125-SF Front Home Has A 2-Car Garage & Projected Rent Of $2,100/Month. The Rear 1,007-SF ADU Has Alley Access, & Projected Rent Of $1,850/Month. Each Residence Has A Private Entrance! Projected Combined Rent Of $3,950/Month. Granite Counters, Soft-Close Cabinetry, Luxury Vinyl Flooring, ALL Stainless Appliances, Washer & Dryer, Low-Maintenance New Construction & No HOA. Near Downtown Phoenix, Shopping, Dining, 10 & 17. Westline Info, Proforma & All Investment Details Available!! Virtual Staging Used. Front Home Address:1829 W Hadley St. Rear ADU Address 1831 W Hadley St.
Courtesy: HomeSmart
602-230-7600
Trendy and in high demand, A stunning red-brick triplex (front bungalow duplex w/ detached rear home) located in Coronado Historic District! Live in the vacant rear home while collecting income from two rented front units, or rent all three for a Downtown Phoenix multifamily investment located close to major attractions/employers. This 3-unit income property offers house hacking potential and long-term rental flexibility. Each residence features 1BR/1BA with significantly updated systems. Front units showcase original wood floors, brick fireplaces and elevated porches. Fenced backyards, dedicated private storage, separate electric/gas meters and shared driveway/covered parking. Rear unit newly renovated in 9/2026. Historic charm meets income potential in rapidly-developing Central Phoenix!
Courtesy: My Home Group Real Estate
480-685-2760
LOCATION, LOCATION, LOCATION! Modern Downtown Living Meets Contemporary Style! Introducing this stunning, newly built 2026 4-Plex at 170 E Monterey Way in the heart of Phoenix! Each thoughtfully designed residence offers 2 bedrooms, 2.5 bathrooms/ and 1,192 sq. ft.of stylish living space, featuring upscale upgrades, modern finishes, and charming private front patio perfect for morning coffee or unwinding outdoors! Each unit also includes 2 dedicated parking spaces for added convenience. Ideally located within walking distance of downtown phoenix, effortless access to local businesses, dining and entertainment, and the vibrant city lifestyle. Whether your seeking a modern urban home or a prime investment opportunity, this property delivers contemporary comfort in an unbeatable LOCATION!
Courtesy: RE/MAX Premier
480-892-5300
Four Plex - Meticuously/ Well Cared for by Owners - Clean and Each Unit very Rentable**All Units Currently Rented/ Some by Long Term Tenants**Great Location**
Courtesy: Gerchick Real Estate
602-688-9279
New price $535,000!Offered at $535,000, this remodeled central Phoenix property includes a main house and duplex with three residential units configured as nine furnished private PadSplit rooms. Each three-bedroom, one-bath unit has a separate exterior entrance and a full-size washer and dryer. The property is approximately 0.2 miles from the 19th Avenue/Camelback light-rail station. The seller reports more than $120,000 in improvements and six rented rooms, with the front house vacant. The seller scheduled mini-split installation in two front-house bedrooms. Buyer to verify installation. Furnishings convey per the agreed personal-property schedule. The nine-room pro forma projects $94,118 in annual gross potential rent and approximately $55,082 in annual NOI, a projected 10.30% cap rate Three-unit investment offered at $570,000 near Valley Metro Rail at 19th Avenue and Camelback. A main house and duplex total approximately 2,276 SF, configured as three 3BR/1BA units with nine furnished rentable rooms for PadSplit-style operations. Seller reports more than $120,000 in prior improvements, including kitchens, baths, flooring, windows, plumbing, electrical and lighting. Features include separate entrances, coded access and full-size laundry. Seller's October 7 rent report lists five occupied rooms at $805 per month each, totaling $4,025 in scheduled monthly rent; current occupancy and collections require verification. Seller reports missing front-house HVAC; installation has not been confirmed. Property and furnishings convey as-is. Buyer to verify all facts, income, expenses, condition, legal unit/room configuration, permits, zoning and PadSplit requirements. See supplements for additional information.
Courtesy: ABI Multifamily
602-714-1400
Melrose Flats is a 12-unit garden-style multifamily property built in 1956 with durable block construction, featuring a unit mix of (10) 1-bedroom / 1-bathroom units and (2) 2-bedroom / 2-bathroom units. Updated interiors showcase quartz countertops, modern cabinetry, stainless-steel appliances, and stained concrete flooring. Each unit is equipped with an in-unit washer and dryer and is individually metered for electricity. Community amenities include a spacious landscaped courtyard, covered on-site parking spaces, and additional storage units. Ideally situated along 7th Avenue in the heart of the Melrose District, the property offers residents convenient walkability to a variety of shopping, dining, and entertainment options.
Courtesy: Better Homes & Gardens Real Estate SJ Fowler
480-649-3536
Central Phoenix Triplex with all 2-bedroom units in a quiet pocket. Attractive post-1980 construction (1984), Solid 6+ CAP. The 2-bedroom units are around 739 sq ft each. Solid neighborhood near GCU in the Westwood Subdivision, just south of Camelback. 2 of the 3 units are fully remodeled with market rents ($1511/$1250 - both occupied). The 3rd unit has classic features & is due to be occupied shortly at $950., Two units on the main level with the 3rd unit on the 2nd floor. Ample paved surface parking. Corner lot. Shared alley offers options. 1st floor units have private patios. Separate laundry room w/ washer/dryer.
Courtesy: Market Edge Realty, LLC
480-382-9681
Three-unit GATED multifamily property near 17th Ave and Hatcher in Phoenix! Each unit includes a living room, kitchen, 1 bedroom, 1 bathroom, tile/vinyl flooring throughout, ceiling fans, washer/dryer in unit, 1 covered parking spot per unit, and private storage for each unit. All units are individually metered for electric and gas. Tenants also pay a 1/3 share of common-area utility bills. Great location near bus routes, Castles N' Coasters, North Mountain Park, El Rancho Market, Rose Mofford Sports Complex, and HonorHealth!
Courtesy: ATLAS AZ, LLC
602-481-0648
Rare opportunity to own a turnkey 4-plex in a great North Phoenix location. All units are two bedroom / two bath with inside washer & dryer hookups. No HOA. Current owner has taken great care of the property. No seller carry.
Courtesy: Real Broker
602-755-3415
New Duplex listing ready for tenants and for you to have your investment. Or house hack and live in one and rent the other out for lower living expenses. This one is recently built in 2025 with all the upgrades!
Courtesy: Balboa Realty, LLC
602-899-6675
Discover modern living in this brand-new two-story duplex located in the desirable South Phoenix area! Each unit features 3 spacious bedrooms, 2.5 bathrooms, walk-in closets, and high-end finishes throughout. Enjoy an open-concept layout connecting the modern kitchen and living areas, perfect for entertaining. Additional features include a private garage and spacious backyard with endless possibilities. Built with quality materials and attention to detail, this home offers the perfect combination of comfort, style, and functionality. Don't miss the opportunity to make this beautiful new home yours!
Courtesy: Keller Williams Arizona Realty
480-767-3000
Don't miss out on this Well-Maintained Triplex w/ Three Large 2-Bedroom, 1-Bath Units. Each Tenant has their own W/D hookupsl Well Maintained and updated as needed. Each unit has Kitchens Equipped with Range, Refrigerator & Hood Packages. Conveniently located near freeways, shopping, and dining. Ample parking with a convenient layout. The area is growing. Don't miss out!!
Courtesy: Realty ONE Group
480-315-1240
RARE HISTORIC PHOENIX ESTATE with THREE SEPARATE HOMES on one expansive property! Assumable VA loan at 2.875%, approx. $750k balance! This Pueblo Revival gem offers 3,666 SF of total livable space. The main residence features 3 beds, 2 baths + office (2,274 SF), plus TWO private casitas: a newly built 1 bed/1 bath (496 SF) and a 2 bed/1 bath (896 SF). Each residence has dedicated parking, fenced yard + laundry--ideal for multigenerational living, guests or rental income. Historic charm shines through Saltillo tile, wood floors, fireplace + soaring cove ceilings, while the remodeled kitchen adds modern functionality and timeless charm. Private courtyards, covered patios + sparkling pool complete this truly one-of-a-kind Phoenix property!
Courtesy: LISTED SIMPLY
800-995-5879
This rare portfolio of four red-brick historic townhomes delivers a solid 5%+ in place cap rate. Located just off Grand Avenue in the Triangle neighborhood and within walking distance of downtown, the property combines stable returns with meaningful upside from a newly approved development directly across the street. The unique property features top notch aesthetics, both interior and exterior. The rare brick exterior sits amongst lush landscaping and provides private yards for all units. Inside, each unit has bright eat-in kitchens with solid wood cabinets, granite countertops, stainless steel appliances, gas ranges, and oversized tub sinks, along with full side-by-side laundry rooms.
Courtesy: My Home Group Real Estate
602-399-2748
Fully renovated and fully furnished, this turnkey 3-unit short-term rental in Downtown Phoenix offers strong, documented cash flow and an impressive 4.8+ star Airbnb rating. The asset generated $119,442 in gross revenue in 2024 and $103,198 in 2025, with a two-year average revenue of approximately $111,320, producing operating income of $62,272 in 2024 and $53,719 in 2025, for a two-year average NOI of roughly $57,996--reflecting strong operating margins of about 52%. This is a stabilized, high-margin hospitality investment ideal for investors seeking immediate cash flow, experienced short-term rental operators expanding their portfolio, or buyers looking for a prime-location income property in one of Arizona's fastest-growing urban markets. The property located in a high-demand area of Downtown Phoenix, minutes to Chase Field, the Convention Center, ASU Downtown, Roosevelt Row, Van Buren. The property features one 2-bed/1-bath unit, one 1-bed/1-bath unit, and a private studio--each with its own kitchen, full bath, and separate entrance - providing three independent income streams under one roof. A separate laundry room and storage shed support efficient operations for guests and cleaning staff, while the fenced common courtyard with grill, fire pit, lounge seating, and hammock enhances guest experience and occupancy appeal.
Courtesy: West USA Realty
480-893-0600
3 bedroom, 1 bath in each unit. Both homes recently remodeled. New roof. Front AC installed 9/2026 and the back AC is 2-3 years old. Back unit is currently tenant-occupied, providing immediate rental income, while the second is vacant and ready for occupancy.
Courtesy: Gerchick Real Estate
602-688-9279
NEW CONSTRUCTION FOURPLEX 8927 N 10TH STREET This newly constructed fourplex features four modern two-bedroom, two-bathroom residences, approximately 850 square feet each. Contemporary finishes include quartz countertops, new cabinetry, dual-pane windows, and stainless-steel appliances, including a microwave and dishwasher in each unit. Each residence also has its own stackable washer and dryer. The property includes a new asphalt parking lot and manicured desert landscaping. Construction is nearing completion, and the Certificate of Occupancy is pending and expected within approximately 30 days. Information is believed reliable but is not guaranteed. Buyer must independently verify all property information, including condition, dimensions, zoning, permitted uses, plans, approvals. Introducing a newly constructed fourplex at 8927 N 10th Street in Phoenix. Each modern unit offers approximately 850 square feet with 2 bedrooms and 2 bathrooms. All four units are projected to rent for $2,000 per month each. The units feature quartz countertops, installed cabinetry, dual-pane windows, stainless steel appliances--including a microwave and dishwasher--and a new stackable washer and dryer in each unit. Each unit is individually metered for electricity. Water, sewer, and trash are master-metered. The property also offers a new asphalt parking lot and manicured desert landscaping. Conveniently located near SR-51, HonorHealth John C. Lincoln Medical Center, and area employment, shopping, and services. The Certificate of Occupancy is pending and is expected within approximately 30 days. Financial projections: Projected gross rent is $96,000 annually. Based on the provided expense estimates, projected NOI is $79,120, or an estimated 5.65% cap rate. Projected property taxes are $2,900 annually following reassessment; actual taxes may differ. The cap rate excludes vacancy and expenses not listed. All rents, income, expenses, taxes, and cap rate are estimates and are not guaranteed. The Certificate of Occupancy is pending. Buyer should independently verify all property details, financial information, taxes, permits, zoning, and other material facts. Information is deemed reliable but not guaranteed. Situated in Phoenix's established Sunnyslope neighborhood, the area surrounding 8927 N 10th Street combines convenient access to employment, everyday services, neighborhood dining, and desert recreation. Its North Central Phoenix setting places residents near the 7th Street and Dunlap Avenue corridors, with connections to State Route 51, Interstate 17, Downtown Phoenix, and the Camelback Corridor. HonorHealth John C. Lincoln Medical Center is a significant nearby healthcare and employment anchor. Located on East Dunlap Avenue, the hospital provides emergency care, surgical services, specialty treatment, and outpatient services. The surrounding medical offices and healthcare practices add employment opportunities across clinical, administrative, and support positions. The broader North Central Phoenix employment base also includes Blue Cross Blue Shield of Arizona, along with retail, banking, and professional-service businesses. Daily necessities are conveniently located within the surrounding neighborhood. Fry's Food Stores on East Hatcher Road offers groceries, pharmacy services, and a nearby fuel center, while Wells Fargo at 7th Street and Dunlap provides banking services. Local dining includes Little Miss BBQ's Sunnyslope location on North 7th Street, part of the acclaimed Phoenix barbecue business recognized by Phoenix New Times for its standout barbecue. These established businesses contribute both convenience and neighborhood character. Recreation is another appealing feature of the location. Sunnyslope Park and Community Center offer neighborhood gathering spaces, fitness facilities, sports, and organized activities. The nearby North Mountain area and Phoenix Mountains Preserve provide desert scenery and hiking opportunities, bringing outdoor recreation within reach of an established urban neighborhood. Transportation options extend beyond the surrounding road network. The Sunnyslope Transit Center on North 3rd Street provides a nearby public-transit resource, complementing bus service along the area's principal corridors. This combination gives residents options for reaching employment, shopping, and services throughout Phoenix. For multifamily investors, the location offers a practical combination of nearby employment, established services, transportation choices, and recreational amenities. These characteristics can appeal to renters who value everyday convenience and access to central Phoenix destinations, providing a clear location-based rationale when evaluating the area's long-term rental potential.
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.
