Courtesy: My Home Group Real Estate
602-399-2748
RENOVATED 4 UNITS Short-Term Rental in PRIME Phoenix LOCATION on R-5 zoning. Cap rate 10.6%. 2026 average occupancy rate 72%, Airbnb rating 4.85 out of 5! Comes with confirmed future bookings totaling over $6,000 through Nov 1, 2026 and the established hosting accounts on main short term rentals platforms!!! UNITS: One 2 BD-1BA and Three Studios. Every unit has its OWN kitchen, bathroom and a separate PRIVATE ACCESS. 2 BD unit has it's own Laundry with washer and dryer. The backyard is a common space for all guests with a Grill, Fire pit, Hammock and a separate Laundry shed. Cleaning and maintenance crews use another outside shed for supplies. Each unit uniquely renovated and staged, designed to appeal to a broad range of tenants-perfect for maximizing occupancy & income! The property located in a high-demand area of Downtown Phoenix, minutes to Chase Field, the Convention Center, ASU Downtown, Roosevelt Row, Van Buren.
Courtesy: ABI Multifamily
602-714-1400
Hatcher Heights is a 24-unit, three-story garden-style apartment community in North Phoenix's Sunnyslope area, across from HonorHealth John C. Lincoln Medical Center and walking distance to Sunnyslope High School and the Arizona Canal Trail. Built in 1985 and renovated in 2022, the property offers 12 one-bed/one-bath and 12 two-bed/one-bath units averaging 599 SF. Capital improvements include a new permitted gate, parking lot and block wall, new windows, and replaced plumbing and drain lines. All units have been renovated or turned, and the community laundry room was fully renovated. Units are individually metered for electricity; two units have in-suite washer/dryers, with panels in place to add them to the rest. Near I-17, SR-51 and North Mountain.
Courtesy: Better Homes & Gardens Real Estate SJ Fowler
480-649-3536
Renovated duplex with mountain views in Phoenix's North Mountain area! Live in one unit and rent the other or add a versatile income property to your portfolio. Vacant Unit 1 offers 3BD/2BA, updated kitchen with quartz counters and stainless appliances, large laundry room, spacious front yard, and private backyard with covered patio, storage shed and 3+ off-street parking spots. Unit 2 offers 2BD/1BA plus a large bonus room, private outdoor space, in-unit laundry, and 4-car garage. Long-term tenant generates $1,830/month including rent, pet rent and fees. 6.69% cap rate. Updates include a 2023 roof, dual-pane windows, flooring, plumbing, electrical and central AC. Large lot with alley access and potential for additional parking or ADU. Near hiking, dining, schools and I-17.
Courtesy: Compass
480-776-1555
Downtown Phoenix 16-Unit Multifamily Complex consisting of nine buildings across six contiguous lots totaling approximately 36,400 SF. The property is R-3 zoned and features all 1BD/1BA units, currently generating $18,000+ in monthly gross rental income. All units have separate electric and gas meters, with utilities paid directly by tenants. The property is serviced by four water meters. The site offers a potential redevelopment opportunity while providing existing rental income.
Courtesy: HomeSmart
602-230-7600
Fully occupied tri-plex with stable tenants and great cash flow located blocks from the state capitol and near downtown Phoenix. The property consists of three 2 bedroom, 1 bathroom units; 2 of the units have been remodeled. Other updates/upgrades include: new roof (2022), new backyard fencing, new water heater and new windows for unit 2015; new electrical panel for unit 2013. The 3 units are located on a spacious 14,000 square foot lot with a gated yard for each unit. Tenants pay for electric; owner pays for water and trash. Property is a corner lot located near the state capitol with easy access to both I-10 and I-17. Come check out this great, cenrally located, income producing property!
Courtesy: Marcus & Millichap
602-687-6700
Interior improvements include upgraded flooring, cabinetry, doors, windows, countertops, and in-unit washers and dryers, creating a modernized living environment throughout the property. Ownership has also completed substantial exterior and common-area improvements, including a new swimming pool, new roofs, refreshed landscaping, and a fully redone parking lot. Together, these upgrades materially enhance the property's competitive positioning while reducing near-term capital expenditure requirements for new ownership.
Courtesy: ABI Multifamily
602-714-1400
TUCKEY 6 at 1702 W Tuckey Ln, Phoenix is a 6-unit value-add condo package in North Central Phoenix. Built in 1968 with classic mid-century block construction, this asset provides instant cash flow and immense upside near the thriving 19the Avenue & Glendale corridors. THE ASSET: 6 individually parceled units (five 2BR, one 1BR). EXIT: Separate parcels support a portfolio sale or high-margin retail sales. VALUE-ADD: Modernize original interiors to maximize premium rental rates. LOCATION: Walkable to dining, light rail and schools. AMENITIES/HOA: Gated courtyard, pool, covered parking. HOA covers exterior, roofs, water, sewer, trash and electric* (*most units). HIGHER EDUCATION HUB: Grand Canyon University, DeVry University and Phoenix College within 7-10 minutes drive.
Courtesy: My Home Group Real Estate
480-685-2760
Opportunity to own this stabilized fully occupied, cash flowing investment. Excellent location central to Downtown Phoenix, Tempe ASU, Arcadia, Scottsdale. All units updated in 2020 including floors, kitchen, bathroom, roof, mini-splits/window units. Opportunity to increase monthly rental income. Drive by only DO NOT Disturb tenants.
Courtesy: Fathom Realty Elite
480-576-9200
A true must see in the heart of Phoenix!! This new build multifamily compound is a new custom build with a modern touch. The modern neutral colors inside and out make these units extremely desirable. The open and well designed floor-plans of all units make this multi family compound a one of a kind property. The property has 2-2 bedroom and 1 bath units and 2-1 bedroom and 1 bath units for a total of 4 units. Market rent is $7,282 per month. This investment opportunity is one you DO NOT want to miss!
Courtesy: Fathom Realty Elite
480-576-9200
Duplex that has 2 units both are 3 bedroom and 2 bath units and both of the units is rented for $1,850 each on a 1 year lease, so $3,700 a month in total income. This is a great deal for an investor looking to cash flow a multi family property that was built in 2007 and has been recently remodeled and ready to go. This is also perfect for someone looking to rent out the one unit and live in the other to cover part of their payment.
Courtesy: Better Homes & Gardens Real Estate SJ Fowler
480-649-3536
This fourplex consists of all 2 bed / 1 bath units and is located in the robust heart of North Phoenix. The property is fully occupied and stabilized. Additional income could be easily added by simply installing coin operating equipment in the building behind which is already setup as an onsite laundry. Just a few of the area amenities include: North Mountain Park which offers expansive desert hiking trails & scenic views; Sunny Slope Park & Pool which also includes sports courts & picnic areas; and the AZ Canal Path which consists of long trails for walking, running & cycling. Nearby employers include HonorHealth John C. Lincoln Medical Center, the Glendale Union High School District and numerous local retail & small businesses. Buyer to verify all facts & figures.
Courtesy: Market Edge Realty, LLC
480-382-9681
5 unit multi family property w/ possibility for 6th unit. All units are detached1Bed/1Bath Apt at 32nd St and Thomas! Apt inc living room, kitchen, 1 bed, 1 bath, tile/vinyl flooring throughout, ceiling fans. Gross monthly revenue on this building is $5296 w/ good refundable sec dep on all units. One unit is vacant. All units individually metered for electric and gas--all paid by tenant. Some units have covered parking. Tenants each pay an equal share of common area utility bills. Great location--close to bus routes and near The Phoenix Zoo, Phoenix Sky Harbor, Perry Park, AZ-51, and AZ- Loop 202. Shopping, and food/drink close by!
Courtesy: Premier Edge Realty, LLC
602-541-9948
This exceptional duplex, built in 2024, presents a fantastic investment opportunity in a highly desirable Central Phoenix location. Both units are currently tenant-occupied, providing rental income from day one. Each spacious unit features 4 bedrooms, 3.5 bathrooms, a dedicated laundry room, and an attached 2-car garage. The thoughtfully designed floor plans include two spacious primary suites in each unit--one conveniently located upstairs and one downstairs--along with plenty of additional living space. The beautiful kitchens feature quartz countertops, stainless steel appliances, ample cabinetry, and included washer and dryer. Modern finishes and generous square footage make these units highly desirable for renters.The location offers easy access to major freeways, Downtown Phoenix, the ballpark, arena, airport, and more. Enjoy views of Downtown Phoenix while being just minutes from some of the area's major attractions and employment centers.
Courtesy: Better Homes & Gardens Real Estate SJ Fowler
480-649-3536
Prime downtown Phoenix multifamily opportunity just steps from the vibrant Roosevelt Row Arts District. This property offers unbeatable walkability to restaurants, local boutiques, art galleries, sports venues, and major employment centers, making it a highly desirable location for renters seeking convenience and culture. * Low-maintenance units consisting of efficient studio's and 1-bedroom floor plans*Turnkey investment with rents already at market rate*Seller-managed, demonstrating strong pride of ownership*Ideal for investors seeking stable cash flow and minimal operational complexity* Located in one of Phoenix's most dynamic and walkable urban corridors. All facts and figures approximate, buyer to verify to their own satisfaction.
Courtesy: APB Valley Spaces
602-279-0121
Rare opportunity to own a newly built, permitted duplex completed in 2025, offering immediate turnkey rental income with furnished tenants secured through August 2027. The property totals approximately 1,947 sq ft and includes a 1,102 sq ft main residence plus a separately metered 845 sq ft second unit. The main unit features 2 bedrooms and is leased for $2,300/month, while the second unit offers 3 bedrooms and is leased for $2,820/month, generating a combined $5,120/month in rental income. Both units feature modern finishes, private yards, dedicated parking for two vehicles, and low-maintenance designs. Separate electric meters provide convenient utility separation between units. Ideally located near Downtown Phoenix, major hospitals, employment centers, shopping, dining, and major freeway access, this property offers excellent convenience for tenants and strong appeal for investors. A unique opportunity to acquire a 2025-built duplex with established rental income, modern construction, separate utilities, and minimal maintenance requirements. Whether you're looking for a turnkey investment or a property with flexible living and income potential, this duplex is ready to perform. Newly constructed duplex with identical property features and similar leases available for sale next door, 4136 N 11th St.
Courtesy: Realty Executives Arizona Territory
602-755-8556
Turnkey triplex opportunity near the Roosevelt Arts District! This updated multifamily property offers an attractive combination of modern interiors, private outdoor space and features designed for strong tenant appeal. Currently generating $3,500/month in gross rents. The property consists of three individually accessed residences, including a 2-bedroom/1-bath unit and two 1-bedroom/1-bath units. Interiors have been extensively updated with wood-look tile flooring, white shaker cabinetry, quartz countertops, stainless-steel appliances and beautifully finished walk-in tile showers. Each residence also offers the convenience of an IN UNIT WASHER / DRYER and dishwasher features that help set these units apart from many competing rentals. Outside, residents enjoy private fenced yard/patio areas, low-maintenance desert landscaping and off-street parking, including two covered parking spaces at the rear. Two of the three units received newer HVAC systems as part of the prior renovation. With three separate residences, updated finishes and a central Phoenix location near Downtown, Roosevelt Row and major employment, dining and entertainment destinations, this property offers an excellent opportunity for an investor looking to add a renovated multifamily asset to their portfolio.
Courtesy: ABI Multifamily
602-714-1400
1022 North 22nd Place is a 4-unit, garden-style apartment community built in 1986, featuring a desirable unit mix of 100% two-bedroom, one-bathroom apartments. Each unit is separately metered for electricity and includes ample on-site parking. Ideally located just minutes from Downtown Phoenix, Sky Harbor International Airport, and major freeway access, the asset provides a clear value-add opportunity through interior and exterior upgrades and presents strong upside potential.
Courtesy: ABI Multifamily
602-714-1400
1018 North 22nd Place is a 4-unit, garden-style apartment community built in 1986, featuring a desirable unit mix of 100% two-bedroom, one-bathroom apartments. Each unit is separately metered for electricity and includes ample on-site parking. Ideally located just minutes from Downtown Phoenix, Sky Harbor International Airport, and major freeway access, the asset provides a clear value-add opportunity through interior and exterior upgrades and presents strong upside potential.
Courtesy: Compass
480-776-1555
Well-maintained fourplex in Palomino Point/Greenway Manor featuring one 1-bedroom, two 2-bedroom, and one 3-bedroom unit. Three units have been completely remodeled recently, while the fourth has been well maintained. Professional management has kept the property in excellent condition. Most appliances have been updated, along with newer HVAC systems in two units. All four units are currently leased, with the next lease expiring 9/30/26 and the longest through 9/27. Current rents offer upside potential, giving a new owner opportunities to increase revenue as leases renew. Drive-by only; please do not disturb tenants.
Courtesy: eXp Realty
888-897-7821
Income-producing duplex opportunity in Phoenix! This well-maintained property has been remodeled inside and offers two separate units with flexibility for investors or an owner-occupant looking to offset monthly expenses with rental income. **Unit 1 is currently vacant and available for immediate occupancy, while Unit 2 is tenant-occupied and will be vacant effective December 4, 2026.** This provides flexibility for investors looking to secure new tenants or an owner-occupant interested in generating rental income. The property has seen extensive infrastructure improvements, including electrical redone in 2018 and replaced sewer, gas, and water lines. Approximately 12-14 inches of blown insulation has been added in the attic, and the city replaced the gas lines approximately two years ago. The property also features three separate electrical and gas meters serving Unit 1, Unit 2, and the ADU, which includes the laundry area.
Courtesy: Matthews of Arizona
866-889-0550
A five-unit multifamily investment opportunity in the heart of Phoenix, Arizona. Originally constructed in 1944, the asset features a mix of 1, 2, and 3 bedroom floor plans. Each of the units have been updated within the last few years; however, future ownership will have the opportunity to capture additional upside through continued interior and exterior renovations. The asset is situated with convenient access to Downtown Phoenix, Sky Harbor International Airport, and major transportation corridors including Loop 202 and I-10. The current cap rate is 7.15% and the seller would be open to carrying with 40% down. An offering memorandum including additional photos is available upon request.
Courtesy: eXp Realty
480-420-4455
Welcome to The Chesterfield! Fully remodeled and separately metered, this 11-unit apartment complex in Central Phoenix offers a rare combination of flexibility, design, and cash flow potential. Each unit has been tastefully updated with modern finishes, new flooring, and contemporary kitchens and baths. All units can include appliances, furnishings, and assigned parking,ready for immediate operation. Currently run as a successful short term operation, this property is also perfectly positioned for midterm rentals catering to travel nurses, medical professionals, and corporate clients. Located within minutes of Banner University Medical Center, St. Joseph's Hospital, Phoenix Children's Hospital, and the VA Medical Center, this area experiences consistent demand for fully furnished stays. Highlights: -11 fully remodeled units - all separately metered for gas & electric -Can be sold fully furnished with appliances included -Dedicated parking -Walking distance to major hospitals and transit routes -Excellent opportunity for Airbnb, midterm, or long-term leasing strategies -Proven income performance in one of Phoenix's strongest rental corridors This is a plug-and-play investment in a thriving, high-demand location, ideal for the investor looking to scale in one of the Valley's most stable and profitable rental markets.
Courtesy: eXp Realty
480-420-4455
Live in the main home while collecting $2,190/month in rental income from two tenant-occupied guest houses! Located in the heart of the Garfield Historic District, offers historic charm, flexible living and built-in income just minutes from Downtown Phoenix. The main residence features 2 bedrooms & 2 bathrooms with new flooring, new windows, remodeled bathrooms, & fresh interior & exterior paint. Unit 2 rents for $1,295/month with a lease through March 31, 2027, and Unit 3 rents for $895/month with a lease through July 31, 2027. A rare opportunity to enjoy a move-in-ready home while rental income helps offset your monthly housing costs. Ideal for an owner occupant, investor, or anyone looking for additional income potential in one of Downtown Phx's most established historic neighborhoods. Buyers exploring FHA or other low down payment owner-occupied financing may find this especially compelling, subject to lender and property eligibility requirements. For investors, the property offers three separate living spaces in one of Central Phoenix's most recognizable historic neighborhoods, with two units already producing income and additional upside through the vacant main residence. The configuration also works well for multigenerational living, extended family, or a combination of personal use and rental income. Located just minutes from Downtown Phoenix, Roosevelt Row, Banner University Medical Center, dining, entertainment, major employment centers, freeways, and Phoenix Sky Harbor International Airport, this is the type of central infill property that is increasingly difficult to replicate. Historic character, existing rental income, and multiple paths for occupancy make 1005 E Moreland St a standout opportunity for buyers looking to live, invest, or do both.
Courtesy: ABI Multifamily
602-714-1400
2140 W Heatherbrae is a high-demand, cash-flowing 3-unit multifamily property in Midtown Phoenix (85015). Featuring one single-story triplex with large 2-bed/1-bath units on a ±8,486 SF lot, it offers immediate rental upside and value-add potential for 1031 buyers. PROPERTY HIGHLIGHTS: UNITS: Three spacious 2-bed/1-bath layouts (1963 build). LAYOUT: One single-story triplex with private patios. FINANCIALS: Cash-flowing with strong value-add potential. PARKING & UTILITIES: 5 open spaces; individually metered electricity. LOCATION: Infill lot in Midtown Phoenix, near the 19th Ave / Camelback Light Rail. ACCESS: Minutes to I-17, I-10, SR-51, and Sky Harbor Airport.
Courtesy: HomeSmart
602-230-7600
TWO HOMES ON ONE PROPERTY - GREAT INCOME-PRODUCING OPPORTUNITY! Discover the possibilities this unique property has to offer! Featuring two homes on one lot, this property is ideal for multi-generational living, an owner-occupant looking for additional rental income, or an investor seeking an income-producing opportunity. The main home features 3 bedrooms and 1.75 bathrooms, along with a recently remodeled kitchen featuring quartz countertops, stainless steel appliances; refrigerator, washer and dryer are included, adding extra convenience. At the base of Phoenix Mountain Preserve for active outdoor living hiking/biking and close to SR51 freeway, 10 miles from downtown and 15 miles from the airport makes this ideal location for recreation and commute The permitted back house offers 3 bedrooms and 2 full bathrooms, providing a comfortable and functional second living space. Live in one and rent the other, accommodate extended family, or explore the many possibilities this versatile property has to offer. Enjoy a low-maintenance backyard and a storage shed for additional storage. The property is serviced by one electric meter and one water meter. With a total of 6 bedrooms and 3.75 bathrooms between both homes, this is a unique opportunity with flexibility, functionality, and excellent income-producing potential. Two homes, one property, and so many possibilities!
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.
