Opportunity to own a 4-plex that has had over 10 years of nearly 100% occupancy. 2 units 2 bed 1 bath. 2 units 1 bed 1 bath. Gross income is 4800 monthly. There were some updates to the bathrooms and insides since the last sale. 3 of the leases have approximately 6 months or more, one is month to month. This has not been approved for section 8 but I sure it could be. I am getting information slowly but send your offers and I will try to get info and views in as best I can. Bear with me. Sellers have owned this since 2014 and really do not want to sell but they have moved out of state.
EXCEPTIONAL OPPORTUNITY TO ACQUIRE 2 UNIT INCOME PRODUCING INVESTMENT PROPERTY IN MIDTOWN PHOENIX POSITIONED NEAR LIGHT RAIL, RESTAURANTS, HOSPITALS & GREAT SCHOOLS.The sale consists of 2 mirrored 2603 sq,ft. units, covered by one loan and a single APN #. The homes feature Identical 4 bed, 3 full baths and 2 half baths layouts spanning three stories with a loft and entertainer's dream roof deck with amazing views . Main floor boasts spacious open plan LR ,gourmet kitchen quartz waterfall island with sliders to patio.Industrial metal stairs, blonde solid wood floors and black and white color palette give an urban chic feel. Roof deck has detached casita that can serve as 4 bedroom/office. Live in one rent the other or rent both.1 Unit is currently an Airbnb.Furniture can convey.
This five-unit historic garden-style property includes three buildings on one parcel, built in 1931. The unit mix suits both long- and short-term rentals, featuring one two-story 2-bed/2-bath unit, two 2-bed/1-bath units, and two 1-bed/1-bath units. Each fully furnished unit has a proven track record as a short- and mid-term rental. Interiors are lightly updated with wood and tile flooring, refreshed kitchens, and bathrooms. On-site amenities include a community laundry room, dedicated parking, and private patios for select units. Individually metered for electricity, the property offers tenant convenience and expense control. Located in the Garfield Historic District, just blocks from Roosevelt Row, ASU Downtown, Chase Field, and Footprint Center.
1133 W North Ln is a 4-unit, single-story property built in 1981 that features 100% 2-bedroom/1-bathroom units. Each unit includes washer/dryer hookups, private yards or patios, and is individually metered for electricity. The property is well located in North Phoenix, just minutes from North Mountain Park, The Metropolitan, and a variety of outdoor recreation options.
Gross 10.1% CAP Rate. 3 Units, Garden-Style Property, Built in 1931 & Renovated in 2024. Unit Mix Consists of (2) 1-Bed / 1-Bath Units & (1) 2-Bed / 2-Bath Units. Each Unit Features a Fully Upgraded Interior With White Quartz Countertops, Luxury Vinyl-Plank Flooring, Subway Tile Showers, Stainless Steel Appliances, & In-Suite Washer / Dryer. Exterior Upgrades Include Brand New Stucco, New Windows & AC Units, Ample Storage Space, & Large Common Backyard Area. New roof just installed. Located in the Roosevelt Arts District, Which Provides Easy Access to Downtown Phoenix's Vibrant Cultural Scene, Dining Hotspots, & Entertainment Options.
Beautifully remodeled contemporary meets historic home featuring 1,190 sqft in the main house with 3 bed, 2bath plus a 400sqft studio guest house complete with a full kitchen, 3/4 bath and spacious walk-in closet. The main home showcases a stunning brick fireplace, an open living room and a large, upgraded kitchen with newer cabinets, title backsplash and SS appliances. The primary suite offers a remodeled bathroom with vanities, countertops and stylish tile. The guest house featurs a full kitchen with upgraded cabinets, counters, tile, backsplash and appliances. Much of the main home, and the entire guest house, is constructed with Adobe, adding unique charm, character, and historic appeal. The property also includes separate outdoor storage.
Not your average multifamily property! Highly remodeled and impeccably maintained Loma Linda duplex with rare R-4 zoning, offering exceptional upside. Easily convertible to four units by enclosing existing carports to create two studio units. Both sides are high-income producing Airbnbs, with one earning coveted Airbnb Designer status. Each unit features attached carports, long driveways, separate courtyards, private backyards, covered patios, and private laundry. One unit was fully gutted and redesigned with an open kitchen/dining concept and an added second permitted full bath. Updates include stainless steel appliances, sewer line replacement, and a stunning primary bath with vaulted ceilings, vintage French gold chandelier, concrete sink, exposed block walls, penny tile flooring, open courtyards, private backyards, covered patios, and private laundry. One unit was fully gutted and redesigned with an kitchen/dining concept and an added second permitted full bath. Updates include stainless steel appliances, sewer line replacement, and a stunning primary bath with vaulted ceilings, vintage French gold chandelier, concrete sink, exposed block walls, penny tile flooring, open shower with IPE floor, and a deep soaking tub.Coveted flood irrigation.
*8.35% Gross Cap* 3 Units, 2 Buildings on One Parcel, Great unit mix with large units! Built in 1942 & NEWLY BUILT in 2025. ALL VERY LARGE UNITS!! Front building boasts a duplex that Consists of (1) 3-Bed / 2-Bath Unit & (1) 2-Bed / 2-Bath Unit, & (1) 3-Bed/2-Bath Casita. Each unit features a fully upgraded interior With white quartz countertops, luxury vinyl-plank flooring throughout, subway tile showers, stainless steel appliance package, & in-suite washer / dryer in every unit. exterior upgrades include new paint, stucco & new windows, 3 new AC units, new roofs and Private FENCED YARDS for all units. LARGE WALK-IN CLOSETS. Located just outside Biltmore close to uptown, Dining hotspots & entertainment options are plentiful in the well located centralized area..Floorplans uploaded
Multiple Offers. Brand new duplex by GardnerDavila Development. Both units have 2 bedrooms and 1 bath, inside laundry and all appliances included. Tile throughout and dark cabinets for easy maintenance of this brand new rental. Both units have spray foam insulation, energy efficient windows and very high rated envelope and duct tests for maximum energy efficiency. Don't miss this investment opportunity.
Brand new triplex located in the heart of Phoenix, offering an excellent opportunity for investors or owner-occupants. This newly constructed property features three separate units, each with 2 bedrooms and 1 bathroom, a private laundry room, an attached 2-car epoxy-coated garage, and a private balcony. Built with quality and efficiency in mind, the property includes spray foam insulation throughout for enhanced energy efficiency and comfort. All units are separately metered, allowing for easy management and maximizing rental flexibility. Ideally located next to Phoenix Sky Harbor Airport, with easy access to I‑10, I‑17, and the 51 Freeway. Minutes from Tempe Town Lake, Papago Park, the Desert Botanical Garden, Chase Field, and with shops, restaurants, and entertainment just minutes away. Whether you're looking to live in one unit and rent the others or build your portfolio with a turnkey asset, this triplex checks all the boxes.
Amazing investment opportunity! 4 NEW Build Single Family Homes on 2 Lots! Each home is 1600 SF with the highest quality construction. Each home is a 2 story, 3 Bedroom, 2.5 bath home. 2 Car garage, private driveway and oversized backyard of 30x40. Laminate Plank Flooring, Urban Designed Railing, 2 Balconies, Laundry room, Peninsula kitchen design, with white shaker cabinets, quartz countertop, stainless steel appliances and stainless steel kitchen sink. Amazing 2x6 construction, R-19 wall insulation, spray foam in attic. No HOA as of today, use for AIR BNB, rent them or live in one. January 2026 delivery!!!!
Welcome to 1748 W Sherman St, a well-located multi-family property in the heart of Phoenix's desirable Central City neighborhood. Built in 2008, this duplex offers solid rental income potential with two spacious units featuring 3 bedrooms and 1 bathroom each. Nestled on a generous 6,780 sq ft lot. Both units include functional interiors with ceramic tile and vinyl flooring and essential appliances. Tenants pays electric. Don't miss this fantastic investment!
Well-maintained four-unit property offering strong income potential and flexibility for owner-occupants or investors. Unit A features a spacious 2-bedroom, 2-bath layout and is owner-occupied; it will be delivered vacant at close of escrow. Units B and C offer comfortable 2-bedroom/2-bath and 1-bedroom/1-bath layouts, while Unit D is a studio. All tenant-occupied units are on month-to-month leases, providing immediate upside and repositioning opportunity. Ideal for an owner occupied 4plex or investment. Buyer to verify all facts, figures, and income potential.
Fourplex investment in prime Midtown Phoenix! This 1954-built property features 7 bedrooms and 4 bathrooms across four units (three 2-bed/1-bath and one 1-bed/1-bath), totaling 3411 SF. Ideal for investors seeking upside through renovations and rent growth. Unbeatable location near Phoenix College, Downtown Phoenix, light rail, SR-51, Loop 202, and I-10. Strong rental demand in the thriving Encanto neighborhood!
This rare property is perfect for residential or investor buyers. Just minutes from Sky Harbor Airport, The MMC-Phoenix Suns Arena, Chase Field, the Celebrity Theater, Phoenix Children's Hospital, Phoenix Convention Center, Downtown Phoenix, across the street from Valleywise Hospital, a perfect place to live or invest. The main house is a 2-br, 1-bath with a separate dining area and a fireplace, wood floors, and a basement. The guest house is a 1-br, 1-bath. This property is zoned R5 which allows up to 12-units on it. This is one of only a few in the area that boasts nearly a half acre lot. Note, the owners have never lived on the property, there is no SPD. The listing Agent is related to the sellers.
Income-producing property in central Phoenix featuring a 744 SF 2BR/1BA single-family home plus two attached 322 SF studio apartments, all on one parcel. Units are occupied, delivering steady in-place cash flow. Owner's financials reflect a 5.49% cap rate at the list price based on existing rents and expenses. Both studios include kitchenettes and share an attached laundry room. Situated on a 7,000 SF lot with R1-6 zoning and unassigned tenant parking. A rare opportunity to acquire a stabilized multi-unit configuration in a strong rental corridor near the VA Hospital, restaurants, and shopping. This is an owner/agent sale.
Discover a fully updated triplex in a prime Phoenix location—an exceptional investment opportunity you won't want to miss. This well-maintained building features two renovated 1-bed/1-bath units and one spacious and updated 2-bed/1-bath unit, offering strong rental versatility and appeal. Each unit has been thoughtfully refreshed with modern finishes, creating comfortable, move-in-ready living spaces. The property includes covered parking, low-maintenance landscaping, and easy access to some of the area's best amenities. Just minutes from Papago Park, the Phoenix Zoo, and SR-143, residents enjoy quick commutes, outdoor recreation, and countless attractions at their doorstep.
Discover a fully updated triplex in a prime Phoenix location—an exceptional investment opportunity you won't want to miss. This well-maintained building features two renovated 1-bed/1-bath units and one spacious and updated 2-bed/1-bath unit, offering strong rental versatility and appeal. Each unit has been thoughtfully refreshed with modern finishes, creating comfortable, move-in-ready living spaces. The property includes covered parking, low-maintenance landscaping, and easy access to some of the area's best amenities. Just minutes from Papago Park, the Phoenix Zoo, and SR-143, residents enjoy quick commutes, outdoor recreation, and countless attractions at their doorstep.
This duplex home offers 4 bedrooms and 2 bathrooms with approximately 1440 square feet of living space on a 0.15 acre lot. The foreclosure deed has been recorded, allowing for shorter closing timelines. There are no inspection or financing contingencies on this cash only purchase. No Buyer Premium on this property. It is a criminal offense to trespass on this property. The data presented in this listing is deemed reliable but not guaranteed. This information should be used for informational use only and does not constitute a legal document for the description of this property. Buyer or Buyer's Agent to verify all facts, figures, schools, dimensions, Sq Ft, permits, HOA fees etc. that is of material importance to Buyer.
Professionally managed with 1 year leases and security deposits in place. Newly renovated with a new roofing system, exterior and interior paint, new water heaters and plumbing fixtures, new white shaker cabinets, baseboards and trim, stainless steel GE appliances, R-38 insulation, 20 mm vinyl flooring, vinyl windows, and updated heating and cooling. There are 2 buildings with a 1 bedroom 1 bath unit and two 2 bedroom 1 bath units in the rear. Rents are $4,380 per month with RUBS for utilities included.
1249 & 1253 W Pierce St is an 8-unit, garden-style property, constructed in 1986. The asset consists of two individually parceled fourplexes, offering flexible financing options and long-term investment versatility. The unit mix comprises (4) 3-bedroom/1-bathroom units and (4) 2-bedroom/1-bathroom units, each individually metered for electricity. The unit's interiors have been upgraded and include in-unit washers and dryers, enhancing appeal and rental demand. The property also features an on-site gated parking lot for added convenience and security. Ideally situated just minutes from the Grand Avenue Arts District, Roosevelt Row, and Downtown Phoenix, the asset benefits from strong tenant demand and easy access to a vibrant mix of employment, dining, arts, and entertainment.
Hazelwood Apartments is a 24-unit garden-style community built in 1970 in Central Phoenix, featuring (8) one-bedroom and (16) two-bedroom units, all individually metered for electricity. Amenities include on-site laundry and 34 parking spaces. Twenty-five percent of the units are subject to a HUD LURA through 2030, requiring income-qualified tenants and restricted rents, while the remaining units operate at market rates. Located near the light rail corridor, GCU, and major employment centers, the property benefits from infill development and strong rental demand. Light value-add potential exists through interior upgrades, enhanced curb appeal, and modernization of common areas, supporting long-term stability and operational upside.
Country Park on Seventh is a rare investment opportunity with unbeatable visibility on 7th Street and valuable commercial zoning. This well-located duplex features two tenant-occupied units, each offering a two-bedroom, one-bath layout—providing immediate rental income from day one. With flexible zoning, strong frontage, and long-term redevelopment potential, this property stands out for investors looking to add a high-performing asset to their portfolio or capitalize on future commercial use. Drive-by only. All facts and figures are approximate; buyer to verify all MLS information.
Fully RENOVATED 3-UNIT Turnkey Short-Term Rental in Central Phoenix! Cap rate 10%+, average occupancy 75%, and strong Airbnb rating of 4.8+ stars! Comes with confirmed future bookings totaling over $5,000 through Mar 1, 2026 and the established hosting accounts on main short term rentals platforms!!! Property consists of one 2-bed/1-bath unit, one 1 bed/1 bath unit and private studio — each with its own kitchen, full bath, and separate entrance. The separate laundry room & shed serves gusts and maids. A fenced common courtyard offers a grill, fire pit, and lounge area with hammock — perfect for guest enjoyment. Separate maintenance/storage shed for cleaning crew and supplies. Every unit comes with furniture and decor! The property located in a high-demand area of Downtown Phoenix, minutes to Chase Field, the Convention Center, ASU Downtown, Roosevelt Row, Van Buren.

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.