Courtesy: Realty ONE Group
623-552-3773
Prime Investment Opportunity! Commercial Multi-Dwelling/Business Property This property features 6 fully rented units, each with designated parking plus additional guest spaces. Ideally located near the I-17 freeway, Downtown Phoenix, and Grand Canyon University. Tenants enjoy accessibility and convenience. With steady rental income already in place and room for additional business potential, this is a rare chance for investors to expand their portfolio. Property sold AS-IS.
Courtesy: My Home Group Real Estate
480-685-2760
Fully renovated triplex investment opportunity in Phoenix's 85017 Canyon Corridor. The property underwent a comprehensive refresh just over a year ago and has been meticulously maintained since. Major capital improvements include a new roof (July 2024), all new sewer lines from under-slab to city connection, and updated electrical wiring—rare peace of mind for multifamily in this vintage. Each unit offers upgraded finishes with new flooring, cabinets, windows (with 2'' faux wood blinds), stainless steel appliances, in-unit stack washer/dryer, and private fenced backyards. Two of the three AC units and all water heaters installed in 2024. The property features block wall construction with metal security gates, a shared courtyard with picnic area, and strong tenant appeal. Currently 100% occupied. Grand Canyon University (GCU) is the neighborhood's dominant demand driver. Enrollment has surged from ~118,000 in 2023 to over 125,000 in 2024, and is projected to exceed 133,000 by 2025-26. The Phoenix campus now houses ~25,000 students, with ~17,000 living in 33 residence halls. GCU's growth generates year-round rental demand, service jobs, and billions in annual economic output for the area. Ongoing Canyon Corridor revitalization through public-private partnerships improving safety, streetscape, and long-term property values. Just off I-17 with direct access to Camelback Rd and 27th Ave. Served by Valley Metro bus routes and a short ride to light rail.
Courtesy: Coldwell Banker Realty
480-951-1010
Great cash flow property. This triplex consists of a stand alone 3 bed 1 bath house in the front and a duplex in the back ( 2 x 1 bed 1 bath units). Lots of upgrades by Owner. If you want a hassle free, turnkey, positive cash flow property this is the one for you. Newer A/C units, flooring, landscape, paint plus more. Close to downtown with easy access to freeways make this property perfect.
Courtesy: My Home Group Real Estate
480-685-2760
Prime Investor Opportunity in Central Phoenix - This R-3 zoned triplex sits on a ~0.34-acre lot with 1,683 sq. ft. of rentable space and expansion potential. Strong fundamentals include brand-new AC units, updated utilities, a solid structure, and desirable parking. The oversized lot and zoning create options for additional units or redevelopment, while current operations provide steady income. A rare chance to secure cash flow today with significant value-add and future upside in the heart of Encanto. Buyer to verify all information to deem accurate.
Courtesy: Gentry Real Estate
480-750-9910
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.
Courtesy: Pak Home Realty
909-351-5105
ATTENTION: THIS IS A 4 UNIT PROPERTY AND YOU MUST BUY THE DUPLEX NEXT DOOR. fully occupied 6-unit apartment building, offering consistent cash flow with significant income growth and value-add potential. This property represents a rare opportunity to acquire a stable, income-producing asset with strong long-term appreciation prospects. Buyers may purchase both properties using two separate Residential Loans, a single Commercial Loan, or potentially qualify through a DCR loan, providing flexible financing options to maximize investment potential.
Courtesy: HomeSmart
602-230-7600
Duplex with great tenants in place, great location, No HOA and annual taxes of just $940 this year! All that equals a fantastic cash flowing rental property! Easy access to freeways, driveway with carport, covered back patio and fenced backyard with no neighbors make this easy to rent. North side was completely remodeled in 2022 including the tub and tiled shower area, new bathroom vanity, new kitchen cabinets, oven, microwave and sink. Ceiling fans throughout and new paint throughout as well. The south unit bathroom features a newly tiled floor & new walk in custom tile shower (2024). Each side has 784 square feet inside and their own laundry room off the back patio. New solar shade screens on the 4 west facing windows in September 2025. Owner/Agent. Buyer to verify facts and figures.
Courtesy: Pak Home Realty
909-351-5105
ATTENTION: THIS IS A 2 UNIT PROPERTY AND YOU MUST BUY THE FOURPLEX NEXT DOOR. fully occupied 6-unit apartment building, offering consistent cash flow with significant income growth and value-add potential. This property represents a rare opportunity to acquire a stable, income-producing asset with strong long-term appreciation prospects. Buyers may purchase both properties using two separate Residential Loans, a single Commercial Loan, or potentially qualify through a DCR loan, providing flexible financing options to maximize investment potential.
Courtesy: Network Realty
602-332-5812
8 brand new high end condos in the coveted Arcadia area known for great office, retail and restaurants. All 3 bed 3 bath 2 car garage Average about 2500 sq ft. Currently renting out for $5000/month-7000/month. Each unit has it's own private elevator.
Courtesy: Arizona Elite Properties
480-899-9010
Vintage Vibes + Modern Possibilities! Fall in love with this adorable charmer just off 47th Street & Van Buren in one of the Valley's most buzz-worthy historic neighborhoods! Step inside the 2-bed, 1-bath main house and be greeted by original hardwood floors and a Jack & Jill bath with serious retro flair. But wait—there's more! An attached 1-bed guest house is perfect for in-laws, visiting friends, or a stylish Airbnb side hustle. This home is a rare mix of mid-century magic and endless opportunity—live, rent, host, or create your own desert oasis. With quick access to downtown, dining, and major freeways, this spot is as cool as it is convenient.
Courtesy: Orion Investment Real Estate
480-634-6934
Tropicana Apartments is a well-positioned, mostly renovated 20-unit multifamily community in the desirable Papago submarket of Metro Phoenix. Built in 1979 on 1.31 acres, the property offers 14,960 square feet of rentable space with a mix of floor plans averaging 748 square feet. Since 2020, the property has benefited from more than $420,000 in capital improvements, including pool refinishing, upgraded landscaping, new appliances, cabinetry, countertops, entry gate enhancements, and the installation of 15 new HVAC units, among other updates.
Courtesy: Open House Realty
623-299-4954
Fantastic location within walking distance to the light rail, close to the airport and downtown Phoenix. Exterior recently painted, new roofs, laundry in 4 of the 5 units, 4 new a/c units and all units have tankless hot water heaters. Each of the units have had improvements upon vacancy such as: tiled flooring, tiled showers, backsplash and interior paint. Property is individually metered for electric. Lots of investor development in this area!
Courtesy: My Home Group Real Estate
480-685-2760
These centrally-located Downtown Phoenix units, built in 2018, are comprised of three 1 bedroom, 1 bath detached units. As of Sept 2025, this cash flowing investment property grosses around $2,850/mo or $34,200/yr. One unit is rented as a short-term rental while two are long-term rentals. The 3 buildings are also individually metered for electric. All units enjoy vaulted ceilings, laminate wood flooring, dual pane windows, ceiling fans, shaker cabinets, rear storage rooms, mini-split heating and cooling, and there are multiple above ground garden beds for the community to use.
Courtesy: Marcus & Millichap
602-687-6700
Centrally located East of the I-17 Freeway immediately north of Central Phoenix's largest major employment corridor is Macallister, a 24-unit apartment community, just north of the Glendale Avenue and 19th Avenue intersection, surrounded by the growing lifestyle opportunities of a gentrifying area and the natural beauty of the North Mountain Preserve. The adjacent city-endorsed North Mountain Redevelopment Area, a defined area within the Phoenix MSA currently undergoing transformative gentrification efforts, provides assistance to residents and business owners in taking advantage of funding mechanisms designed to improve the region through advancement of underutilized properties, expanded infrastructure, and the creation of additional employment opportunities with current capital investment of $179M, and lead by a revitalization of the iconic Metrocenter Mall. Ample employment opportunities are found through the nearby I-17 Employment Corridor, boasting more than 43,000 employees across ±1,200 businesses, featuring employers such as BlueCross BlueShield, Wells Fargo, Waste Management. Developed in 2018, Macallister is comprised of 12 studios (50%), 8 one-bedroom (33%), and 4 two-bedroom (17%) floorplans, offering an average of 700 square feet. All units feature attractive amenities including 9-foot ceilings, balconies/patios (select units), in-suite washer/dryers, stainless steel appliances, and granite countertops.
Courtesy: JM Realty
480-785-5612
Discover an exceptional investment opportunity at 1330 W Fillmore St, a fully renovated 4-unit garden-style property located in the rapidly improving Oakland Historic District. Originally built in 1959 & 1983, the property is comprised of (2) 1-Bedroom / 1-Bath Units and (2) 2-Bedroom / 1-Bath Units. In 2023, the entire community underwent a complete interior and exterior renovation including new flooring, cabinetry, appliances, countertops, doors, windows, paint, and more. Each unit also comes with its own in-unit washer & dryer, providing a highly desirable feature for tenants. The property is set within a gated community with an on-site parking area that was recently resurfaced, offering both convenience and security. Tenants enjoy sweeping city views and unbeatable access to Downtown Phoenix, the Grand Avenue Arts District, light rail, and major public transportation routes. Surrounded by countless dining, shopping, and entertainment options, 1330 W Fillmore St is ideally positioned for strong tenant demand and long-term growth.
Courtesy: At Home Real Estate Arizona
602-635-6811
Unique opportunity featuring a 3 bed, 1 bath main home plus a detached structure with two separate 1 bed, 1 bath units. Ideal setup for multi-generational living, guest accommodations, or rental income. Each unit has its own private entrance. Great central location close to shopping, dining, and freeways. Live in one and rent the others — flexible and full of potential!
Courtesy: Realty ONE Group
623-236-1414
Investor Special! This duplex offers 2 bedrooms, 2 bathrooms, and a 2 car garage, conveniently located near the downtown area with easy access to I-17. The property has been recently updated and sits in a high-demand location experiencing significant growth. Enjoy proximity to all that downtown Phoenix has to offer, including top restaurants, shopping, entertainment, and stadiums. An added bonus includes RV parking with a separate electrical meter, creating potential for extra rental income. This is an excellent opportunity to add to your rental portfolio, flip, or buy and hold for long-term appreciation. Please note, the property is tenant occupied—do not disturb tenants.This home qualifies for a limited-time lender-paid 2-1 buydown— reduced monthly payments for the first 2 years years at no cost to the buyer or seller.
Courtesy: HomeSmart
602-203-7600
Both buildings demoed down to studs. Permits in the process. Current buildings can be turned into 9 units with existing plans or a total of 14 units if adding a second story. Can also be turned into a community residence facility (plans can be provided). East building 2,490 sq ft. West building 3,109 sq ft.
Courtesy: The Broker Reserve LLC
480-313-3234
100% OCCUPIED » 5 Units » All Units Updated in the past 2 years » In-Unit Laundry/Hook-Ups » New Roof 2021 » Massive Lot for Expansion » High-Demand Area » Growth Play » Collect cash flow while planning your value-add or expansion strategy.
Courtesy: Compass
480-776-1555
Now listed well below appraised price! Introducing a truly unique investment opportunity in Phoenix. This multi-family triplex features a beautifully remodeled single-family home, paired with a well-maintained duplex. The duplex offers two spacious 2-bedroom, 2-bath units, rounding out a versatile and income-generating three-unit property. This property is zoned with the potential to add two additional units. You're looking to house hack, rezone house to sell and keep duplex, expand your portfolio, or 1031 into a high-performing asset, this one checks all the boxes.
Courtesy: Bellagio Real Estate
602-456-4167
built in 1982, is constructed from wood-frame and stucco, and has undergone extensive renovations that were completed at the beginning of 2020. This individually parceled, condo-mapped community features (8) large 2-bedroom / 2-bathroom units with a master-bathroom in each bedroom. The layouts of each unit feature vaulted ceilings, private backyards, an in-unit washer and dryer along with a private exterior storage closet for all units. The interior renovations include contemporary cabinets, stainless-steel appliances, vinyl flooring, floating bathroom vanities, and more.The exterior upgrades include a dog run, community patio grill & bar, and picnic area. The community is securely gated and boasts a unique desert landscaping to be enjoyed year round.
Courtesy: SENW
847-213-0789
5 Unit building Mid-construction, Pre-app approved, Currently under site plan review pending with city due shortly. Come finish this property now and take advantage of a true value-add opportunity. Redevelopment opportunity in Central Phoenix. This half-finished structure is framed for five residential units and sits on a ±17,424 SF lot with alley access. The building is currently in shell condition — wood framing is complete, and some plumbing has been installed. The site layout allows for 12 future parking spaces at the rear of the property. Located in an established residential neighborhood just south of Northern Avenue, this project is ideal for investors or builders looking to complete and lease or sell in a high-demand infill location. All buyers to verify zoning,
Courtesy: Compass
480-776-1555
Downtown Phoenix 7-Units. Value-add opportunity. Offered at $114,000 per unit. Tenants are all month to month. Strong in-place rents. Property is sold as-is.
Courtesy: Arizona Investment & Mgt, LLC
602-277-7368
2019 W Turney is a 4-unit mid-century apartment community, located in a great residential neighborhood. All units have been remodeled and offer private patios, which are always in high demand. Rents are below market and this is an attractive value-add opportunity. Solar topped carport & rooftop solar hot water systems lower costs to tenants. Opportunity to add value with minimal aesthetic improvement.
Courtesy: eXp Realty
888-897-7821
This duplex boasts a spacious layout with 2,437 SQFT under roof & 1,870 livable SQFT in each unit. Each unit Has 3 bedrooms and 3 bathrooms as well as a 1 car carport—ideal for shared living arrangements or multi-generational families. Step into a beautiful kitchen featuring sleek quartz countertops and top-of-the-line stainless steel appliances, designed for both style and practicality. For your convenience, each unit includes an in-home laundry room. This duplex offers versatile living options: occupy one unit while renting out the other, or maximize your rental income by leasing both units. Enjoy the added benefit of no HOA fees, giving you more freedom and savings
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.
