Courtesy: Redfin Corporation
602-483-4919
Fantastic investment opportunity in a gorgeous historic neighborhood near the Arizona State Capitol in the heart of Central Phoenix. This well-maintained fourplex features 4 beautifully remodeled efficiency units, consistently in demand with both short- and long-term tenants. Each fully furnished unit offers a private kitchenette w/ stainless steel gas range, refrigerator, & microwave, along with a well-appointed bathroom w/ shower. Windows in the property were replaced approximately 4 years ago. Property includes an inviting front porch and a detached one-car garage with water plumbing, offering potential for conversion into a fifth rental unit. Ideally situated on a peaceful, tree-lined street close to dining, shopping, sports venues, and entertainment. Buyer to verify all information.
Courtesy: Orion Investment Real Estate
480-634-6934
100% 2br/1ba Units 1985 2-Story Construction Rental Upside by Capturing Loss to Lease!
Courtesy: Delex Realty
602-910-3002
Both 1 bed / 1 bath units are currently tenant-occupied, offering immediate, reliable income for the next owner. This is a perfect opportunity for an owner-occupant to live in one unit while generating rental income from the other--helping offset monthly expenses from day one.Ideally located in a high-demand area surrounded by thriving commercial and office buildings, this property is positioned for long-term growth and strong investment potential. Its history as a saloon and convenience store highlights its flexibility and opens the door to a wide range of future uses. Whether you envision a trendy restaurant, boutique retail space, or a mixed-use concept, this property offers the versatility and location to bring your vision to life.
Courtesy: Matthews Real Estate Investment Services
310-388-0788
1017 -1031 E Fairmount is an 8-unit apartment community located in the highly desirable Midtown Phoenix submarket. Built in 1966, The unit mix consists of (3) 1x1 units, (3) 2x1 units, and (2) 2x1.5 units, with an average rent of $1,528. 6 of the 8 units have been fully renovated with thoughtful, durable improvements including luxury vinyl plank flooring, quartz countertops, workstation-style extra-wide sinks, mini range hoods, updated light fixtures, and refreshed bathrooms featuring new tubs, tile backsplash, and modern vanities. All units offering in-suite washer/dryer or dedicated W/D access. The property also features large private front and backyards, 3 private garages, 2 covered carport spaces, and lush landscaping. 6.03% cap rate on current financials.
Courtesy: Orion Investment Real Estate
480-634-6934
This offering includes two fully renovated multifamily units in a prime infill location directly adjacent to Downtown Phoenix. The property has been extensively upgraded with a new AC system, dual pane windows, new kitchen and bathroom finishes, new LVP flooring in the back unit, and sealed concrete floors in the front unit. The adjacent property at 712 W Fillmore is available as well. That property includes a single-family home and a triplex that provide stable in-place income with additional upside through renovation and rent growth. The properties may be acquired together or separately, providing investors flexibility to tailor the acquisition to their strategy.
Courtesy: Orion Investment Real Estate
480-634-6934
This offering includes a single-family home and a triplex in a prime infill location directly adjacent to Downtown Phoenix. It provides stable in-place income with upside through renovation and rent growth. Recent capital improvements include new electrical meters, new gas lines, and upgraded water lines throughout portions of the property. Additional upgrades include a new roof on the single-family home (2023), PEX lines, dual pane windows, mini-split AC systems installed in 2025, and a roof recoating on the triplex completed in 2025. The adjacent property at 718 W Fillmore is available as well. That property includes 2 fully renovated multifamily units. The properties may be acquired together or separately, providing investors flexibility to tailor the acquisition to their strategy.
Courtesy: Jason Mitchell Real Estate
480-522-1030
Fully Reimagined Triplex with New 2025 Roof! The Pricoli on 25th offers a premium unit mix (1x1, 2x2, 3x2) and a total 2023/2024 rebuild. This ''no expense spared'' property features all-new roofing, windows, and a new sewer line. Interiors are finished with quartz countertops, stainless steel appliances, and private stackable laundry. Each unit includes its own private, well-designed backyard. This is a rare, turnkey opportunity to own a historic-style property with the reliability of Like-new construction. Perfect for savvy investors or owner-occupants! VA LOAN ASSUMPTION OPTION AT 5.625% rate 30 year loan
Courtesy: HomeSmart
602-230-7600
Located minutes from Downtown Phoenix, this well-maintained triplex in Phoenix, Arizona offers a great investment opportunity with strong rental potential. Each of the three units features approximately 900 sq ft, 2 bedrooms and 1 bathroom, high ceilings, and recently remodeled interiors that create a bright, modern feel. Residents can enjoy mountain views along with the convenience of two dedicated parking spaces per unit. The property also offers easy access to major freeways, shopping, dining, and employment centers, making it attractive for long-term tenants. With its updated units, functional layouts, and desirable central location, this triplex is ideal for investors looking to grow their portfolio in one of Arizona's most in-demand rental markets.
Courtesy: Orion Investment Real Estate
480-634-6934
Each unit offers updated kitchens and bathrooms, modern finishes, newer HVAC's, a re-coated roof in 2021, and an in-suite washer and dryer. Residents enjoy a walkable neighborhood just minutes from Arcadia Lite dining, the Camelback Corridor, and major employment centers, including Phoenix Children's Hospital. Flexible residential financing options are available for small multifamily properties. Reach out about oportunity to acquire up to 24 units in the immediate area, offering a rare assemblage opportunity in one of Phoenix's most desirable infill neighborhoods.
Courtesy: HomeSmart
602-230-7600
Modern duplex opportunity featuring Units 2 & 3 at 2509 E Broadway Rd. Built in 2024, each unit offers 3 bedrooms, 2.5 bathrooms, and a private 2-car garage. Thoughtfully designed with open floor plans, walk-out decks, quartz countertops, stainless steel appliances, and epoxy garage floors. Each unit also includes a private fenced backyard plus access to a shared courtyard space for the four-unit community. Excellent flexibility for investors or owner-occupants--rent both units for strong cash flow or live in one while renting the other. Area rents are approximately $2,500 per unit, making this a compelling income opportunity in a growing area with additional new construction nearby.
Courtesy: United Southwest Realty
480-941-5114
Duplex with large 4 Bed / 2 Bath layout (~1,530 SF total per unit)--ideal for traditional rental, co-living, or room-by-room income. Built 2007; 3,060 s.f. on 11,220 s.f Lot New flooring, ceiling fans, blinds & water heater (unit 2) Each unit has in-unit laundry hookups Central A/C & heat Single-level units Big Fenced yard + patio 4-car covered parking + extra parking (2 carports per unit!) Seller replaced sewer line from Unit 2 to City sewer in 2026
Courtesy: Russ Lyon Sotheby's International Realty
480-750-7424
Exceptional investment opportunity in the heart of Phoenix! This duplex offers versatility, strong rental potential, and multi-generational living options. Zoned multifamily and qualifying for both FHA and conventional financing, this property is ideal for investors seeking cash flow or owner-occupants looking to offset their mortgage by living in one unit and renting the other. Complete roof replacement in 2026. Unit 1 (Approx. 750 SF) was fully remodeled in 2019 with modern finishes to include wood-look porcelain tile flooring, contemporary concrete countertops, two-toned accented cabinetry with brushed gold hardware and faucet, white subway tile backsplash, updated fixtures, lighting and ceiling fans. Stainless steel appliances include a stove, refrigerator, and microwave. The bathroom features an upgraded vanity and hardware. A sliding Arcadia door opens to a private backyard retreat. Unit 2 (Approx. 900 SF) offers a spacious 2-bedroom, 1-bath layout with vaulted ceilings and stylish block accent walls. Interior upgrades were completed in 2015, with new tile flooring installed in 2020. The kitchen features granite countertops, distressed wood cabinetry, stainless steel appliances (stove, refrigerator, dishwasher, microwave), and modern hardware. A bonus room provides flexible space for an office, den, or additional storage. In 2023, this unit received a new A/C unit, new dryer, painted kitchen cabinets, and additional upgrades. Both units include dual-pane windows, blinds, private paver patios, private storage, and two covered carport spaces at the rear. The expansive yard features low-maintenance desert landscaping, offering privacy and additional outdoor enjoyment. Located near Downtown Phoenix and surrounded by premier amenities including Biltmore Fashion Park, Camelback Colonnade, Encanto Park, Phoenix Mountains Preserve, Heard Museum, Phoenix Art Museum, and the iconic The Clarendon Hotel. Convenient access to major medical centers including Phoenix Children's Hospital, Banner University Medical Center Phoenix, St. Joseph's Hospital and Medical Center, and the Phoenix VA Health Care System makes this an ideal rental location for medical professionals and students. Easy access to light rail, Sky Harbor Airport, and SR-51, I-10, and Loop 202 freeways enhances long-term desirability.
Courtesy: N.B. Andrews and Associates
602-833-8220
Located in the heart of downtown Phoenix, 215 N 12th Ave offers a prime value-add opportunity in the sought-after 85007 corridor. The front building is currently occupied by tenants--please do not disturb--providing immediate income while you plan your improvements. The rear structure is approximately 50% complete, giving investors or builders a strong foundation to finish and customize. With flexible spaces, original character, and significant upside potential, this property sits near Roosevelt Row, dining, arts, and major employers. Ideal for those seeking a project with built-in cash flow in a rapidly developing urban neighborhood.
Courtesy: Striker Realty
602-809-5750
Central Phoenix 4 Unit Property Near Melrose & Light Rail Located at 3630 N. 15th Ave, this well situated 4-plex places residents in the center of everything Phoenix has to offer. Minutes from Uptown dining, shopping, entertainment, and transit, the property attracts renters seeking convenience and urban living. Each unit offers comfortable living spaces, on site parking, and easy access to I-17 and downtown. A rare opportunity to own a multi unit property in a high demand rental corridor with strong long term appreciation.
Courtesy: McMath Realty LLC
602-340-1222
Excellent opportunity to own a cash flowing, low maintenance triplex near downtown Phoenix. Two 2-bedroom, 1 bath units and one renovated 1-bedroom, 1 bath unit. On-site laundry. Corner lot with 2 buildings. Strong rents with consistent, stable tenants. Opportunity for value-add and rent increases.
Courtesy: Better Homes & Gardens Real Estate SJ Fowler
480-649-3536
Uptown PHX 9-unit complex spread out over close to a 25,000-sf lot with R-3 zoning. 7.2 CAP off 2025 P&L w/ 100% occupancy. Nice pocket north of Camelback Road, 1 mile east of GCU & 1/2 mile east of the I-17. Opportunity Zone. Hard to find SELLER FINANCING available but not required (6% interest-only with 30% down in 1st position only). Fully upgraded & fully stabilized. 2025 P&L of $122,000 NOI. Seven buildings. The unit mix consists of (2) two-bedroom units; (4) one-bedroom units; & (3) bigger studio units. The jumbo lot/zoning offers density & additional value potential. Over $250,000 in renovations just a few years ago.
Courtesy: ABI Multifamily
602-714-1400
4-unit multifamily property located within the Palomino Pointe HOA in North Phoenix. Built in 1982. Unit mix consists of (1) 1-Bed / 1-Bath, (1) 2-Bed / 1-Bath, (1) 2-bed /1-Bath and (1) 3-Bed / 3-Bath units. Interior and exterior improvements include new HVAC systems (2025), updated cabinets in select units, updated flooring in select units, and updated interior paint. Each unit includes one covered parking space with additional guest parking available. HOA amenities include pool, common areas, trash collection, landscaping, and pool maintenance. Convenient access to SR-51, Loop 101, and nearby retail.
Courtesy: Compass
480-776-1555
Multi-Family Fully Remodeled Active Airbnb in Downtown's Historic District. This beautifully renovated 1911 Craftsman offers a rare, income-producing setup with space, charm, and flexibility. The main residence features 8 bedrooms and 4.5 baths, plus a unique basement/bomb shelter ideal for storage, a wine cellar, or a creative flex space. Above the detached 2-car garage, a separate 2 bed / 1 bath apartment with a full kitchen provides an additional rental stream or private guest quarters. Positioned on a corner lot and currently operating as an active Airbnb, this property is minutes from major Downtown Phoenix attractions including The Van Buren, the Japanese Friendship Garden, and Chase Field.
Courtesy: Redfin Corporation
602-483-4919
Fantastic masonry (block) duplex built in 2003 offering strong income potential & flexible living options. Each spacious unit features approximately 1,120 sq ft w/ 3 beds & 2 full baths. Both units showcase durable tile flooring throughout, ceiling fans in every room, and bright, open great rooms designed for comfortable living. Functional ''L''-shaped kitchens include refrigerator, stove/oven, and garbage disposal, while all-electric systems help simplify maintenance. Major updates include brand new 2025 electric A/C and heating systems for both units, plus one new water heater. Large front patio along with private side and backyard spaces. Conveniently located near schools, shops and hiking trails. Currently tenant occupied, units leased at $1187 and $1090. Please do not disturb tenants. Access will be arranged upon accepted contract. Ideal for investors or owner-occupants seeking immediate rental income and long-term value!
Courtesy: Matthews Real Estate Investment Services
310-388-0788
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 mix mix: (3) studios, (3) one-bedrooms, (2) two-bedrooms, and (1) large three-bedroom unit over 1,000 SF. The asset offers a cap rate of 7.79% on current financials resulting in stable cash flow with upside potential. 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: My Home Group Real Estate
480-685-2760
East Taylor is a 10-unit, garden-style multifamily community located in the urban core of Phoenix. Built in 1943, the property consists entirely of one-bedroom/one-bath units with durable tile or vinyl flooring and has benefited from ongoing capital improvements. The asset offers clear value-add potential through interior modernization, addition of private yard spaces, and covered parking to support rent growth. Amenities include gated access, on-site laundry, and off-street parking. Positioned near Phoenix Sky Harbor International Airport, Valley Metro Rail, and Valleywise Health Medical Center, the property benefits from strong workforce housing demand. Located within a designated Opportunity Zone, it presents both income growth and long-term tax advantages.
Courtesy: HomeSmart
602-230-7600
This high-yield, well-maintained fourplex in Phoenix is perfectly situated in a quiet cul-de-sac, just south of McDowell & 48th St. Featuring four 2-bedroom, 1-bathroom units, this turnkey property boasts durable block construction and ceramic tile flooring, along with several recent updates. With convenient access to major freeways, supermarket, stores, and located just across from elementary school, these units are highly desirable and in great demand. Units 1 and 2 have just been remodeled/ upgraded. Units 3 and 4 have long-term tenants. Roofing replaced in 2017. All water heaters are newer (2021-2025). Each unit has its own private patio as well as washer/dryer hook-ups. Separate storage room outside unit 4. Amazing 6.3% CAP (Pro forma)
Courtesy: Gile Commercial Real Estate
602-980-3171
Rare multi-family investment opportunity in central Phoenix's desirable 85006 neighborhood. Well-located brick-constructed building with three units on a generous lot, offering paved assigned parking. The property features central air conditioning, natural gas heating, and concrete flooring, and includes standard appliances. Tenants pay electricity, gas, and cable. Conveniently situated near local amenities, transportation, and key urban corridors.
Courtesy: Realty ONE Group
602-953-4000
This remodeled duplex is fully rented with a 2 bedroom 1 bath and 1 bedroom 1 bath unit. There is a 3rd building that could be renovated for a triplex. This property was recently combined into one lot with 9,780 square feet. Perfect for additional structures and rental income options. DO NOT DISTURB TENANTS - PLEASE
Courtesy: Rosenbaum Realty Group
48058813331
Unlock the potential of this versatile duplex, perfectly suited for investors, house hackers, or multi-generational living! Nestled on a generous 10,000+ sqft lot with mountain views & next to Mountain View Park, this property offers opportunity & convenience. Both units are currently occupied, generating a rent roll of $800 per unit. While the dwelling needs some TLC, it boasts spacious front and private backyards, ideal for outdoor fun or future upgrades. Each unit features a porch, a living/dining room, tile flooring, a kitchen with breakfast nook, two bedrooms, and a full bath. Close to schools, restaurants, shops, and the I-17, this location makes daily life a breeze. This is your chance to build equity, customize to your vision, and maximize value in a well-established area!
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.
