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.
Hazelwood Apartments is a 24-unit garden-style community built in 1985 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.
This well-maintained slump-block fourplex is positioned at the end of a quiet cul-de-sac and offers an outstanding combination of long-term durability, strong rental upside, and low-maintenance operating costs. With immediate proximity to SR-51, the property provides fast access to major employment centers including the Biltmore Financial District, Midtown, Downtown Phoenix, and nearby healthcare campuses. Key Property Highlights Brand-New Roof with a transferable warranty, providing future owners with peace of mind and reduced capital expense. Maintenance-Free Landscaping, upgraded with ¼-inch crushed granite and the proper underlying weed-control membrane--dramatically reducing ongoing grounds maintenance. Private Outdoor Space for Each Tenant, includi This well-maintained slump-block fourplex is positioned at the end of a quiet cul-de-sac and offers an outstanding combination of long-term durability, strong rental upside, and low-maintenance operating costs. With immediate proximity to SR-51, the property provides fast access to major employment centers including the Biltmore Financial District, Midtown, Downtown Phoenix, and nearby healthcare campuses. Key Property Highlights Brand-New Roof with a transferable warranty, providing future owners with peace of mind and reduced capital expense. Maintenance-Free Landscaping, upgraded with ¼-inch crushed granite and the proper underlying weed-control membranedramatically reducing ongoing grounds maintenance. Private Outdoor Space for Each Tenant, including individual fenced patios and rear yards, increasing tenant satisfaction, retention, and rental demand. Desirable Slump Block Construction, known for its durability, thermal performance, and long-term stabilityideal for long-term investors. One Unit Currently Vacant, already refreshed with new interior paint, 2-inch wood-look faux blinds, and additional cosmetic upgradesperfect for achieving market rent quickly. All Units Feature Ceramic Tile Flooring, ideal for durability, ease of maintenance, and lower turnover costs. Significant Rental Upside, as existing rents are below current market levels for the area. Excellent Transportation Access, located minutes from State Route 51, connecting residents to major employers, hospitals, parks, and Central Phoenix amenities. Why This Fourplex Performs Well as an Investment This asset checks all the boxes for a low-maintenance, high-demand rental investment: Turnkey exterior improvements already completed Individual outdoor spaces that support stronger rent premiums A refreshed vacant unit ready for lease or owner-occupancy Proven long-term construction type Strong local renter demand driven by proximity to transit corridors and employment East Sunnyslope - Phoenix, Arizona Area Overview for Investors & Buyers** East Sunnyslope is one of Phoenix's most established and naturally scenic neighborhoods, positioned at the base of the North Mountain Preserve and offering a unique blend of urban convenience and outdoor lifestyle. Located just minutes from State Route 51, the area provides residents with fast access to Downtown Phoenix, Midtown, the Camelback Corridor, and the broader Valley employment base. Proximity to SR-51 (Highway 51) East Sunnyslope benefits from immediate access to SR-51, one of Phoenix's primary north-south freeways. This corridor significantly reduces commute times to: Downtown Phoenix (approx. 10 minutes) Biltmore Financial District Phoenix Children's Hospital & Medical Cluster Sky Harbor International Airport Scottsdale employment corridors This connectivity is a major reason residents and investors choose the area. Major Employers Near East Sunnyslope While Sunnyslope retains a neighborhood character, it is surrounded by several significant employment hubs that attract renters and long-term residents: Healthcare HonorHealth John C. Lincoln Medical Center A major medical employer and long-standing anchor of the Sunnyslope community. Phoenix Children's Hospital (PCH) - approx. 10 minutes Abrazo Health / Arizona Heart Hospital - via SR-51 access Mayo Clinic Hospital - approx. 15-20 minutes north via SR-51 Healthcare continues to be one of Phoenix's strongest and fastest-growing employment sectors. Government & Education City of Phoenix administrative and service departments Arizona Department of Economic Security Nearby public, charter, and private schools creating local employment stability Corporate & Office Employment Easy SR-51 access puts residents within minutes of: Camelback Corridor financial district Central Avenue business core Midtown office towers and professional services firms Parks, Recreation & Lifestyle East Sunnyslope is known for its natural surroundings and immediate access to outdoor amenities. Popular recreational assets include: North Mountain Park A major regional destination offering hiking, biking, scenic overlooks, and desert trails. The park provides direct mountain access while still being inside city limits. Sunnyslope Park A community-focused park with open green space, sports courts, and family amenities serving local residents. Arizona Canal Multi-Use Path A long, continuous pedestrian and bike path connecting Sunnyslope to Central Phoenix, Biltmore, and East Valley trail systems. Dreamy Draw Recreation Area (via SR-51) A short drive away, it offers additional hiking, shaded canyon spaces, and access to the Phoenix Mountain Preserve. Why East Sunnyslope Appeals to Renters & Investors Urban convenience with mountain views Fast access to major highways Close to hospitals, employment centers, and office corridors Affordable compared to nearby North Central and Biltmore neighborhoods Strong demand from healthcare workers, young professionals, and long-term tenants Mixed housing stock with value-add opportunities
Discover an exceptional investment opportunity in the heart of Central Phoenix! This well-maintained four-plex, built in 2003, features four identical 2-bedroom, 1-bath units, each offering approximately 797 sq ft of thoughtfully designed living space. Inside, each unit showcases modern kitchens with built-in appliances and wood cabinetry. A soothing color palette and durable tile flooring create a clean, cohesive look that appeals to long-term tenants. The property also offers ample on-site parking and easy-care desert landscaping, making it simple to maintain. Ideally located just minutes from the light rail, schools, shopping, popular dining, and major freeways, this property delivers both convenience and strong rental demand. Owner currently pays water, sewer, and trash, while . . . Tenants pay electricity, keeping operating expenses predictable. This is a rare chance to secure immediate cash flow with excellent future value in one of Phoenix's most sought-after rental markets. Drive-by only, please do not disturb tenants. No sign on the property.
100% OCCUPIED + FULLY UPDATED ELECTRICAL & WIRING. Fully renovated 10-unit multifamily asset in the highly desirable Uptown Phoenix submarket. The property features a compelling unit mix across two contiguous parcels and benefits from approximately $355,000 of capital improvements completed over the last 1.5 years. With strong leasing momentum, stabilized operations, and market rent upside, this property is well-positioned for both yield-focused and appreciation-driven investors.
Cash Cow Duplex, UPDATED, 2 BR, 1 BA Units. Updates include Kitchens and Baths, Central AC's! Sharp looking freshly painted exterior.Tenants Pay Utilities and handle landscaping. Tenants are now Month to Month, giving you the flexibility to keep or change. You might even look into FHA owner occupied financing. Plenty of off-street parking on solid concrete pads. Sign up soon. Do not disturb tenants.
Introducing Signature 18, a gated community in the heart of Phoenix, offering a 7.09% ACTUAL cap rate of 2025. Located near Abrazo Hospital, Christown Spectrum Mall, and major transit, the property blends urban access with a quiet, private setting. Recent improvements include desert landscaping, repaved parking, refreshed exterior paint, LED motion lighting, upgraded security cameras, modern gate locks, new stainless appliances, in-unit washers/dryers, roof resealing, and upgraded pool equipment. A new dog run enhances resident appeal, making this a true turn-key investment with strong cash flow and long-term efficiency.
**GARFIELD DISTRICT** is culturally-rich, w/HISTORICAL significance, mixed w/CONTEMPORARY community-life, PERFECTLY located IN-THE-HEART-OF-DOWNTOWN-PHOENIX's urban-landscape**EXCEPTIONAL-OPPORTUNITY** (2) units are 1 bd/1 bath & (2) units are Studio-flats~ALL units have GAS ranges, & FULL size STACKABLE washer/dryers~Units are submetered for Electric and Gas which Tenants pay~Each unit has Central air-conditioning systems~Duplexes & 4-Plexes in the area are selling upwards of $850K and vacant-lots in the area are listed over $1 million~This HISTORIC property was built-in 1960 & has been renovated throughout the years, it holds STRONG, cash-flow and LONG-TERM appreciation potential~This 4-Plex is A HIDDEN-GEM located in the reimagined, downtown, Phoenix, BOOMING rental-market! Located in the Garfield Historic District, one of the most desirable and rapidly evolving areas near Downtown Phoenix, this well-maintained 4-plex offers strong cash flow and long-term appreciation potential. Property Highlights: 4 total units (2) One-Bedroom / One-Bath units (2) Studio units Central air conditioning in all units Gas ranges Full-size stackable washer/dryers in each unit Electric and gas sub-metered (tenants pay utilities) Renovated and maintained over the years Investment Highlights: Strong potential rental-yield (7%) Located minutes from downtown employment, hospitals, universities, and entertainment High demand rental market in central Phoenix Comparable duplexes and four-plexes in the area selling over $800K Nearby redevelopment and vacant land listings exceeding $1M Value-Add Potential Opportunity to increase rents over time in a rapidly appreciating neighborhood Potential to further enhance units for additional upside Desirable location for long-term rental demand Location: Situated in the vibrant Garfield neighborhood, known for its historic charm, arts community, and proximity to downtown Phoenix, the property benefits from continued urban revitalization and strong tenant demand. Ideal for investors seeking cash flow + appreciation potential in one of Phoenix's most dynamic central neighborhoods.
Beautifully updated 8-unit complex in a strong North Phoenix rental area. Each unit has been renovated with modern finishes and new appliances, offering reliable Section 8 tenants in place for consistent cash flow. The property features a shared laundry with coin operated washer/dryers, onsite gas, six shared water heaters AND 3 potential SELF STORAGE spaces for additional income! Units 1-4 enjoy access to a shared green space, and every unit includes a private patio and/or yard area, good amenities that enhance tenant appeal and retention. The owner also maintains an onsite storage area for maintenance supplies. Drive by only—please DO NOT DISTURB TENANTS.
Fantastic Investment Opportunity! This well-maintained Multi-Family Property features three separate buildings, each with two spacious units — totaling six 2 bed / 2 bath units, each approximately 1,200 sq ft. Great rental history and upside potential! Exterior of all buildings was freshly painted in June 2023, and interiors have been updated with new paint as well. The property includes four newer A/C units, with the remaining two approximately 10 years old. The roof was replaced 5 years ago with high-quality 40-year shingles, offering peace of mind for years to come. Tenants and guests will appreciate the ample parking area, designed to comfortably accommodate residents and visitors alike. Sale includes two parcels: APN #121-76-050-B APN #121-76-050-C Both lots have separate dimensions per plat records and are being sold together. Don't miss out on this exceptional income-producing property with strong fundamentals and recent upgrades!
This is the type of asset investors wait for -- fully occupied, extensively improved, and positioned for stable cash flow from day one. The property has undergone a comprehensive renovation across all three units, delivering a clean, updated, and low-maintenance investment. There two 3-Bedroom units and a casita. FULLY OCCU{IED -LARGE Price Reduction! Welcome to 316 E Vogel, a meticulously maintained triplex offering an incredible investment opportunity with its blend of modern amenities and classic charm. This unique property consists of two spacious three-bedroom units and a cozy studio, all designed to cater to a variety of living needs. With recent upgrades, a beautiful common BBQ area, and potential for additional income from rentable storage space, this property is a standout choice for investors. Property Highlights: Two-Story House: Appliances: Enjoy the convenience of a brand new Kitchen Aid dishwasher, GE microwave, stove, and refrigerator, all replaced in mid-July 2024. Please note that no warranties are provided. Laundry: Equipped with a gas washer and dryer for added convenience. Recent Upgrades: Interior repainted, enhancing the home's fresh appeal ($2,000). Stair carpet and baseboards have been updated with stylish laminate flooring ($1,800). New blinds installed throughout for added privacy and style ($500). Exterior freshly painted to boost curb appeal ($1,800). Modern appliances replaced ($1,200). One-Story House: Appliances: Features the same high-quality Kitchen Aid and GE appliances, updated in mid-July 2024, with no warranties. Laundry: Includes a gas washer and dryer. Recent Upgrades: Newly repainted interior ($1,800). Updated blinds throughout ($800). Exterior painting completed to ensure a welcoming exterior ($1,800). Appliances replaced for tenant comfort ($1,200). Casita: Appliances: Outfitted with a new Kitchen Aid dishwasher, GE gas stove, microwave, and refrigerator, all installed in mid-July 2024, with no warranties. Recent Upgrades: Interior repainted to refresh the space ($1,200). New blinds throughout for an elegant touch ($200). All flooring and baseboards replaced for a modern look ($4,200). Cabinets repaired and repainted for a like-new appearance ($800). Appliances replaced to ensure reliability and functionality ($1,200). On-Site Features: Storage Options: Two large grey storage sheds behind the Casita and one large permanent shed, offering the opportunity to rent for additional income. All contents will be cleared before closing. Beautiful Common BBQ Area: Perfect for entertaining and enjoying Arizona's sunny weather. Site Improvements: Brick and walkway repairs completed for safety and aesthetics ($1,000). Landscaping and trimming enhance the property's natural beauty ($2,500). Financial Summary: Total Capital Expenditures (Last 3 Months): $24,000 Two-Story House: $7,300 One-Story House: $5,600 Casita: $7,600 On-Site Improvements: $3,500 316 E Vogel offers a unique combination of comfort, convenience, and income potential, making it an excellent choice for investors seeking a property with minimal upkeep and maximum returns. With its strategic location and recent enhancements, this triplex is ready to deliver a great living experience for tenants and a profitable investment for its new owner. Don't miss this opportunity to own a versatile property in a thriving community! Buyer to verify all facts and figures.
Opportunity to own a brand-new triplex in an incredible location right downtown. This rare 3-unit modern building features open main living floor plans, each unit with nearly 1800 sqft has its own three bedrooms, and two bathrooms. Each unit also has a private balcony from the third floor, spacious primary suites with dual vanities, walk-in showers, and washer and dryers. This is a project thats estimated completion is October 2027. The location is ideal, near everything you need downtown, including shops, restaurants, schools, and freeway access.
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.
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.
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.
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.
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,
Discover an unparalleled opportunity in the heart of Midtown Phoenix's Melrose District with this extraordinary 2.43-acre parcel of land, presenting a prime multifamily builder opportunity. Boasting approved plans for a 39-unit condominium/apartment building, this property is poised for immediate development. Special financing terms make this venture even more enticing, and with a remarkable 83 Walk Score, future residents will enjoy convenient access to a plethora of amenities. Don't miss out on this chance to shape the landscape of the vibrant Melrose District. Inquire about special seller financing! This is a rare and promising investment opportunity that awaits your vision and creativity.
Fourplex for sale in the heart of North Phoenix just minutes from the Desert Ridge Marketplace, SR 51, local schools and parks, shopping, and many other attractions. This deal perfect for an occupant! VA ASSUMABLE loan, see remarks. The unit mix is: one 1bed/1bath unit, one 2bed/2bath unit, one 2bed/1.5 bath TH style unit, and one 3bed/3bath unit. All units have generous square footage along with W/D hookups. Each unit has outdoor space with either a ground level patio or a balcony. . Monthly HOA dues INCLUDE: common area maintenance, landscaping, community pool, parking enforcement, and gated access with fob entry. 3 of 4 units occupied with good paying tenants, all MTM. DO NOT Disturb Tenants. Drive By ONLY. See documents tab, rents in attachment and listed in MLS are actual.
Great investment opportunity or Live in separate house and rent the triplex. Free standing 2 bedroom 1 bath home with a triplex behind home. Each apartment is 1 bedroom and 1 bath.
Prime investment property in central Phoenix! Located at 6713 N 27th Ave, Phoenix AZ 85017, this triplex includes three 2-bedroom, 1-bath units (approx. 621 sq ft each) built for strong rental demand near Grand Canyon University. Constructed in 1985 and well-maintained, each unit features individual electric meters, allowing tenants to pay their own utilities and minimizing owner expenses. The property is fully occupied, producing steady cash flow with room for rent growth. Zoned R-3 and close to I-17, shopping, dining, and downtown, this multi-unit rental is a turnkey income opportunity in a thriving 85017 corridor.
Excellent investment property in the heart of Central Phoenix! Located at 4701 N 23rd Dr, Phoenix AZ 85015, this well-maintained triplex features three 2-bedroom, 2-bath units (approx. 996 sq ft each), each individually metered so tenants pay their own utilities. Built in 1985, the property is turnkey and fully occupied with reliable long-term tenants, offering steady cash flow and low owner expenses. Situated near I-17, major employers, dining, and shopping, this multi-unit rental is zoned R-3 and positioned for continued growth in the desirable 85015 area. A smart choice for any investor seeking income potential in the Phoenix rental market.
Welcome to this beautifully remodeled 4-plex located in the heart of vibrant Midtown Phoenix, currently operating as a successful CASH FLOWING Airbnb! Each unit has been thoughtfully updated with modern finishes while maintaining the charm of the original architecture. The spacious and well-maintained grounds offer ample parking and a community courtyard for relaxation. The location is ideal for short-term rentals, with close proximity to downtown Phoenix, popular local eateries, art galleries, and public transit. Whether for long-term tenants or vacationers, this 4-plex provides high rental demand in one of the city's most desirable areas.Currently being utilized as a successful Airbnb, this property generates consistent income with a strong track record of bookings, making it a perfect investment opportunity. Gross Profits for 2024 were $121,606, additional opportunity to potentially add additional units, single level, No HOA, LOW TAXES of $1490 for 2024. Biltmore/Arcadia Adjacent! ALL FURNITURE IS INCLUDED! Shared laundry on site! Don't miss out on this exceptional property in one of Phoenix's most sought-after neighborhoods!

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.