Phoenix AZ Multi-Family Real Estate, Homes for Sale

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

1331 E Pueblo Avenue, Phoenix

$1,699,000

6993194 MLS

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.

5035 N 23rd Avenue, Phoenix

$699,000

6993109 MLS

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.

3817 N 9th Place, Phoenix

$625,000

6993030 MLS

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.

215 N 12th Avenue, Phoenix

$699,900

6992945 MLS

Exceptional 3-unit, garden-style investment opportunity offering a 9.23% gross CAP rate. The property features a thoughtfully reimagined front residence originally built in 1936 and fully renovated in 2024, along with a newly constructed rear ADU completed in 2024. The unit mix includes one (1) 3-bed/2-bath unit, (1) 2-bed/2bath unit, and (1) 2-bed/1-bath unit. Each residence offers fully upgraded interiors with white quartz countertops, luxury vinyl plank flooring, subway tile showers, stainless steel appliances, and in-unit washer and dryer. Recent exterior improvements include new stucco, dual-pane windows, new HVAC systems, a new roof, and ample on-site storage. Tenants also enjoy access to a spacious shared backyard area, creating a comfortable outdoor setting for residents. designed for shared outdoor living. Ideally situated in the Roosevelt Arts District, the property offers convenient access to Downtown Phoenix's thriving cultural venues, acclaimed dining, and premier entertainment destinations.

1015 S 1st Avenue, Phoenix

$1,100,000

6992526 MLS

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.

3630 N 15th Avenue, Phoenix

$375,000

6992517 MLS

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.

347 N 16th Avenue, Phoenix

$592,000

6992217 MLS

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.

2828 E Tierra Buena Lane, Phoenix

$645,000

6990515 MLS

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.

1502 W Monroe Street, Phoenix

$1,040,000

6990042 MLS

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.

2916 E Monroe Street, Phoenix

$1,385,000

6989939 MLS

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.

2238 E Taylor Street, Phoenix

$725,000

6989127 MLS

Turnkey cash-flowing fourplex in a prime Phoenix location! This fully renovated property is a low-maintenance gem with all major upgrades handled: brand-new roof, all HVAC units replaced under current ownership, new water heaters, and a freshly painted exterior. Excellent unit mix consisting of (1) 3BD/2BA unit, (2) 3BD/1BA units and (1) 2BD/1BA unit. Every unit is updated with modern finishes, including LVP or tile flooring (no carpet) and ceiling fans. Spacious layouts feature full appliance packages and private balconies/patios. Rare four-car garage provides dedicated tenant parking and storage. Ideally located near the I-17 for fast access to Downtown Phoenix, GCU, and Glendale events. Meticulously maintained with strong tenant demand. Perfect for a 1031 exchange or owner-occupant!

3302 W Northern Avenue, Phoenix

$810,000

6988882 MLS

Fresh interior paint, new bathroom fixtures, and new bedroom flooring are currently being completed in all three units of this prime Phoenix tri-plex. Each residence offers 2 bedrooms, 1 bathroom, a private patio, and access to a shared grassy backyard shaded by mature citrus trees. Convenient on-site laundry adds everyday functionality. Located just minutes from Uptown Plaza, Uptown Farmers Market, Biltmore Fashion Park, top dining, shopping, and major freeway access. Positioned in a highly desirable area with strong rental demand and excellent long-term upside potential.

6201 N 9th Place, Phoenix

$895,000

6988812 MLS

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.

1232 E Virginia Avenue, Phoenix

$585,000

6988700 MLS

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

1022 S Montezuma Avenue, Phoenix

$985,000

6988580 MLS

Turn-key Central Phoenix triplex comprised of two buildings with separate addresses. Front building (4515) is 2018 new construction featuring Unit A (1bd/1ba) and Unit B (2bd/1ba), each with private yard and dedicated parking. Rear residence (4513) is a freestanding 2bd/1ba home fully renovated to the studs in 2016 with gated driveway and four uncovered spaces. All units offer inside laundry and private individual yards. Complete foam roof recoated and full exterior painted in 2020. No HOA. Stabilized asset in a strong Uptown rental corridor with long-term appreciation potential. Strong tenant base. Tenants pay own electric.

4515 N 14th Place, Phoenix

$929,900

6988566 MLS

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. 4 UNITS FULLY OCCUPIED; 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 6.4% CAP.

1321 N 48th Place, Phoenix

$305,000

6987999 MLS

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 $900 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. This is your chance to build equity, customize to your vision, and maximize value in a well-established area! Appraised for $345K last year! Close to schools, restaurants, shops, and the I-17, this location makes daily life a breeze.

740 W Cinnabar Avenue, Phoenix

$480,000

6987996 MLS

Great triplex investment with mountain views! This value offers three separate units, each approximately 700 sq ft. Unit #1 & #2 are tenant-occupied, generating $1,110 & $1164.90 in monthly rent, and #3 is vacant and ready for immediate occupancy. Each unit features an eat-in kitchen, a living room, tile flooring throughout high-traffic areas, two bedrooms with walk-in closets, and a full bathroom. Residents enjoy access to the large backyard, plus two assigned parking spaces per unit. The location has a bus stop right on the corner, nearby restaurants, shops, North Mountain & Shaw Butte Preserves, Peoria Ave, Winifred Green Park, and easy access to the I-17 fwy. Great multi-family investment, or multi-generational living, or house hacking!

1702 W Shangri La Road, Phoenix

$683,990

6987709 MLS

To Be Built Brand New Duplex!! Live in one unit and rent out the other side for income. 3 bedroom 2.5 bathroom, 1,277 sf per home (2,554 total for both). Build now and pay later, 3.99% rate buy down available. In the growth corridor for the new South Central Light Rail expansion! Exciting opportunity to own a homesite near Downtown Phoenix! Minutes drive to Footprint Center, CHASE FIELD, and Arizona Science Center. Quick access to all types of dining, shopping, entertainment, and freeways. Single family or multi family available for new construction. Great opportunity, come see this lot today.

1712 S 3rd Street, Phoenix

$649,990

6987508 MLS

Unit consists of two 3 BR/2 BA units (1131 SF & 1209 SF), with one 2 BR/1 BA (698 SF). Upper 3 BR unit has a view of the city. Two HVAC units replaced in 2025. Water heaters have been replace within the past 5 years.

2831 E Mobile Lane, Phoenix

$719,000

6986269 MLS

Four-unit income property with in-place rents of $61,287 annually and low operating expenses. Unit mix includes (1) studio, (1) 1BD/1BA, and (2) 2BD/1BA units, all comprehensively updated with new flooring, cabinetry, countertops, walk-in showers, and stainless appliances. The studio was fully rebuilt, creating a turnkey asset with no deferred maintenance. All units are individually metered for electricity, water, and gas, keeping expenses low and NOI clean. Ideal for owner-occupants using VA or FHA financing or investors seeking a stabilized, low-maintenance asset. Rent roll and financials available upon request.

1425 E Roosevelt Street, Phoenix

$815,000

6984600 MLS

Excellent investment opportunity in the heart of Phoenix! This centrally located triplex offers strong rental appeal and immediate income potential, as all units are currently fully leased. The property features two units with 2 bedrooms and 1 bathroom, plus a spacious third unit offering 3 bedrooms and 2 bathrooms — ideal for attracting a variety of tenants. Each unit has been thoughtfully updated with modern finishes, including wood-look flooring, neutral color palettes, recessed lighting, and stylish kitchens complete with white shaker cabinetry, quartz countertops, stainless steel appliances, and tile backsplash. Residents enjoy private covered patios, front turf areas, and the convenience of in-unit washer and dryer — features that enhance tenant satisfaction and retention. Situated near major freeways, downtown Phoenix, Chase Field, ASU, Phoenix Children's Hospital, shopping, dining, and public transportation, this property offers both convenience and long-term desirability. Easy to manage and located in a high-demand rental corridor, this is an ideal addition to any investment portfolio. Don't miss this opportunity to own a well-maintained multi-family property in a prime central location!

1950 E Yale Street, Phoenix

$1,100,000

6981950 MLS

1018 & 1022 North 22nd Place is an 8-unit, garden-style apartment community built in 1986, featuring a desirable unit mix of 100% two-bedroom, one-bathroom apartments. The property is comprised of two individually parceled fourplexes, offering flexibility for financing or future disposition strategies. 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.

1018 N 22nd Place, Phoenix

$619,900

6980446 MLS

NEW CONSTRUCTION with warranties and immediate income! APPLIANCE PACKAGE! Take advantage of this fantastic investment opportunity! This duplex welcomes you with a carport, an extended driveway, and a low-care front yard. Both units boast an open layout with high ceilings, a soothing palette, recessed lighting, and attractive wood-look flooring for a timeless appeal. The kitchens feature sleek quartz counters, crisp white shaker cabinetry with crown molding, stainless steel appliances, and an island with a breakfast bar for casual dining. All bedrooms are cozy and well-sized, offering a private retreat for all inhabitants. You'll also find a washer/dryer combo for easy laundry. Conveniently located close to bus stops, restaurants, and shopping options.

9425 N 9th Avenue, Phoenix

$1,950,630

6980315 MLS

Rare opportunity to acquire a fully upgraded 7-unit multifamily property ideally located adjacent to the highly desirable Arcadia and Midtown Phoenix corridors. This boutique asset offers strong rental demand, modernized interiors, and excellent income potential. All units have been renovated with updated kitchens, baths, flooring, and contemporary finishes, creating a true turnkey investment. The property benefits from proximity to Arcadia Lite dining and shopping, Midtown employment centers, transit, and major freeways. Efficient unit mix, professional maintenance, and a high-demand location make this an ideal asset for investors seeking solid ROI and long-term appreciation. Opportunities like this are limited—don't miss it.

3038 N 38th Street Unit A, Phoenix

$1,740,000

12 Beds ⋅ 90 Baths ⋅ 6977241 MLS

Investor Special! Newer Build 6-Plex, each unit is individually titled. Every unit has a single detached garage and ample visitor parking. Ownership of your own enclave. The units are 2 bedroom, 1.5 bath, in-suite full size laundry, dedicated backyard, open floor plan and more. Fully leased out, strong and stable cash-flow, remarkable investment property.

2014 E Sweetwater Avenue, Phoenix

$766,500

6974630 MLS

*MOTIVATED SELLER* ALL 2 Bedrooms presenting a compelling value-add investment opportunity in a strong Phoenix rental submarket. The property features a mix of Three renovated units setting a clear path for addition value creation. The Proforma is off of conservative market rent of $1200 per unit. Actual Rents are $1173, $1071, $895. The roof is +/-5 years old, and three AC units are +/- 3 years old. Central Phoenix, Location and close proximity to employment centers, Downtown Phoenix and Freeways. This asset is well-positioned for cash flow and appreciation for many years to come. All facts and figures are approximate, Buyer to verify to their own satisfaction. flow and long-term appreciation. All facts and figures are approximate, Buyer to verify to their own satisfaction.

1318 E Culver Street, Phoenix

$1,995,624

6974495 MLS

Rare 7-Unit Investment Opportunity in Prime East Phoenix. Fully occupied and located near 40th St & Thomas Rd in the desirable Citrus Acres / Arcadia-adjacent area. This up-and-coming corridor is surrounded by new construction, redevelopment, popular restaurants, shopping, and easy access to Arcadia, Biltmore, and major freeways. The property features clean, well-maintained, low-maintenance units with strong in-place income and future upside. Excellent long-term hold with value-add potential, including possible expansion or redevelopment of the lot (buyer to verify zoning). A solid, income-producing asset in one of Phoenix's most dynamic growth areas. This listing is part of a 21-unit package.

3016 N 37 Street, Phoenix

$860,000

6974438 MLS

Well-located duplex in Phoenix's Central Corridor offering a versatile residential and investment opportunity. The property features two separate residences consisting of a 2-bedroom, 1-bath unit and a larger 3-bedroom, 2-bath unit, each with private living spaces and thoughtful layouts. Recent improvements throughout the property deliver a clean, modern feel while maintaining long-term durability and ease of ownership. Currently fully occupied, this duplex provides immediate income with upside for future repositioning or owner-occupancy. Conveniently situated near dining, shopping, employment centers, and major transportation routes, this is a compelling option for buyers seeking stable cash flow in a highly desirable infill location.

610 E San Juan Avenue, Phoenix

$895,000

6972796 MLS

1713 N 31st Place, Phoenix

$1,650,000

6972550 MLS

Ideally positioned just east of Central Phoenix's largest major employment corridor, Villa at Melrose (''the property'') is an 8-unit multifamily community located north of Indian School Road on 11th Avenue. The property sits within the desirable Midtown submarket, surrounded by the growing lifestyle opportunities the immediate area offers. The Property's nearby proximity to one of The Valley's major transportation arteries, State Route 51, affords residents direct access and simple passage to nearly any destination across The Valley. Anchoring the gateway to North Central Phoenix's historic core, Villa at Melrose presents outstanding walkable access to a mix of the best local and national retailers and restaurants including Sprouts, Natural Grocers, Valentine, Clever Koi, AJ's, and West Elm. Ample employment opportunities are found through the nearby Innovation Employment Corridor, Arizona's economic driving force, boasting more than ±171,000 total professionals dispersed across its Midtown and Downtown Phoenix setting occupying a diverse range of industries from business services and finance to healthcare, education, and government services. Completed in 1958, and fully renovated in 2023, Villa at Melrose is comprised of 4 one-bedroom (50%) and 4 two-bedroom (50%) floorplans, offering an average of ±675 square feet per unit. All units have been fully renovated with new countertops, cabinets, stainless steel appliances, upgraded electrical panels and in-unit washer/dryers (select units). In addition, the entire community exterior and common area has been upgraded including new landscaping, exterior paint, common area, and roof. Future ownership will have the opportunity to receive enhanced operational performance and desirability resulting from the property's centralized location with immediate access to desirable amenities such as schools, retail and major employment corridors.

4119 N 11th Avenue, Phoenix

$894,900

6 Beds ⋅ 4 Baths ⋅ 6972460 MLS

Great Investment opportunity! All units fully occupied. This well maintained 4 Plex is in a highly desirable area. Featuring 2- 2 Bedroom units and 2- 1 Bedroom units. Units are modern and easy to rent. Each unit has it's own covered parking space. Shared Laundry Room on property. Coin -op Washer and Standard Dryer included. All A/C units are less than 5 years old. Washer generates on average around $100 a month. Coin-op Dryer installation would generate additional income.

2245 N 28th Street, Phoenix

$1,230,000

6972367 MLS

Turnkey investment opportunity with ALL units FULLY OCCUPIED! featuring a fully remodeled multi-building INCOME property with modern finishes throughout. Gated entry with remote access, plus ample parking with both covered and uncovered spaces. Well-maintained and ready for continued cash flow. Building One includes three apartments: one 2 bed/2 bath and two 1 bed/1 bath units, all with kitchens and W/D hookups. Buildings Two and Three offer four identical 1 bed/1 bath units with living rooms, kitchens, W/D hookups, and private back patioS! The property also includes two newer mobile homes with primary bedrooms, en-suite baths, and W/D hookups.

4028 S 15th Street, Phoenix

$785,000

6972364 MLS

Turnkey income property featuring a fully remodeled duplex plus two brand-new mobile homes! Offering immediate rental income with ALL units ALREADY OCCUPIED! The duplex has been completely updated with new tile flooring, interior and exterior paint, new AC units, and modern kitchens with new cabinets, dishwashers, and in-unit washer and dryers, all with modern finishes throughout. Each unit offers a functional two-story layout with spacious living, dining, and kitchen areas, a half bath on the main level, and three bedrooms with two full baths upstairs. The property also includes two new mobile homes with two primary bedrooms, modern finishes, and in-unit laundry. Gated access with remote control! and 8 uncovered parking spaces. Ideal for investors seeking a stabilized, turnkey asse

4020 S 15th Street, Phoenix

$643,000

6972312 MLS

Rare investment opportunity featuring unique architecture in the Historic Oakland District, within walking distance to Grand Avenue of the Arts, light rail, downtown Phoenix, and minutes from Sky Harbor Airport. Located in a rapidly growing area with rising rents and strong investor development, the property has seen numerous upgrades over the years including interior and exterior paint, tiled showers, updated flooring and countertops, new windows and roofs, two tankless gas water heaters, and two newer A/C units. All units are individually metered for APS, with a unit mix consisting of one 2-bedroom/1-bath with washer/dryer hookup, two 1-bedroom/1-bath units, and one studio, offering clear upside potential for a new owner to increase rents and improve returns.

1333 W Taylor Street, Phoenix

$6,900,000

6970824 MLS

UNDER CONSTRUCTION - PROJECTED COMPLETION JANUARY 2026 Gated Townhome Complex, 12 4bd/3bth trilevel, 2215sf units. There are two buildings, each end unit benefits from additional windows and a larger balcony! Each unit is completed with the same modern and low maintenance finishes - 10' ceilings on main floor, white cabinetry, quartz countertops, 2 car tandem garage for each unit, in unit washer/dryer, stainless steel appliances! There will be a community pool in the sw corner of complex and each unit will have their own backyard with green space! There will be 13 additional parking spaces (outside of the garage space with 1 of them ada). 26,400 rentable area of property on nearly an acre!

11830 N 28th Drive, Phoenix

$527,800

6970111 MLS

***GROSS CAP RATE 9.19%***3 Units, Garden-Style Property, Built in 1934 & Renovated in 2023. Unit Mix Consists of (1) 1-Bed/1-Bath Unit, (1) 2-Bed/1-Bath Unit, & (1) Large 1-Bed / 1-Bath Casita. 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. Exteriors Include New Paint & Stucco, Large Private Patio Area, and Storage Space. Located Within Close Proximity to Grand Canyon University & Christown Spectrum Shopping Center. Easy Access to I-17 Freeway & Valley Metro Light Rail

2334 W Morten Avenue, Phoenix

$900,000

6969983 MLS

Available as a 4 unit or buy both buildings, also listed for a total of 8 units. Located at 3048 E Beck Ln, Phoenix, AZ 85032, this well-positioned 4-unit townhouse-style apartment property offers immediate income in a high-demand North Phoenix submarket. Conveniently situated near shopping, public transportation, and SR-51 freeway access, providing strong tenant demand and long-term rental stability. The property consists of two separate two-story buildings being sold together or seperatly. Each unit features a spacious 2-bedroom, 2-bath townhouse layout, full appliance package, and in-unit washer and dryer. All units include a private, fenced backyard, a rare and attractive feature that supports tenant retention and future rent growth. The asset is 100% occupie

3048 E Beck Lane, Phoenix

$900,000

6969979 MLS

Available as a 4 unit or buy both buildings, also listed for a total of 8 units. Located at 3044 E Beck Ln, Phoenix, AZ 85032, this well-positioned 4-unit townhouse-style apartment property offers immediate income in a high-demand North Phoenix submarket. Conveniently situated near shopping, public transportation, and SR-51 freeway access, providing strong tenant demand and long-term rental stability. The property consists of two separate two-story buildings being sold together or seperatly. Each unit features a spacious 2-bedroom, 2-bath townhouse layout, full appliance package, and in-unit washer and dryer. All units include a private, fenced backyard, a rare and attractive feature that supports tenant retention and future rent growth. The asset is 100% occupie

3044 E Beck Lane, Phoenix

$1,995,640

6969185 MLS

Rare Phoenix investment! 7-unit Citrus Acres gem with upgraded, move-in-ready units full of charm—rents fast and cash flows strong. Just steps from high-end Arcadia, this rapidly gentrifying area is booming with demand for quality rentals. This is 1/3 of a 21-unit portfolio, offering savvy investors the option to acquire a larger package at a discounted rate. Perfect for instant income, long-term appreciation, and growth in one of Phoenix's hottest up-and-coming neighborhoods!

3027 N 37th Street, Phoenix

$875,000

6969126 MLS

4-unit multifamily opportunity located in Phoenix, AZ. Built in 1971, the property features 100% 2-bedroom, 1 bath units, all of which have been renovated with granite counter tops, white shaker cabinetry, stainless steel appliances, in-unit washer/dryer, and more. The community also features a private BBQ area and covered parking. Additionally, the property is within walking distance to Phoenix Children's Hospital and nearby other points of interest such as Downtown Phoenix and the Biltmore Fashion Park. With its close proximity to the hospital, there is potential to convert the units to mid-term rentals upon lease expiration, which typically yields a rent premium over traditional year-long leases.

1747 E Virginia Avenue, Phoenix

$1,800,000

6968554 MLS

Excellent Phoenix Multifamily Investment Opportunity! Located at 3044-3048 E Beck Ln, Phoenix, AZ 85032, this well-positioned 8-unit townhouse-style apartment property offers immediate income in a high-demand North Phoenix submarket. Conveniently situated near shopping, public transportation, and SR-51 freeway access, providing strong tenant demand and long-term rental stability. The property consists of two separate two-story buildings being sold together or seperatly. Each unit features a spacious 2-bedroom, 2-bath townhouse layout, full appliance package, and in-unit washer and dryer. All units include a private, fenced backyard, a rare and attractive feature that supports tenant retention and future rent growth. The asset is 100% occupied.

3044-48 E Beck Lane, Phoenix

$4,895,000

6968385 MLS

Newer Built Homes. 11 individual homes sold in bulk built in 2024. Nice community with 2 pocket parks. All homes have 2 car garages. Located near the new light rail line extension on Central Ave. AS of now, all homes are leased, self-managed by the owner. Owner maintains the common areas and provides quarterly exterior pest control. Buyer to verify all information.

137 W Latona Road, Phoenix

$4,995,000

6967933 MLS

Campo Bello Apartments is a newly constructed (2022), Class A 12-unit multifamily community located in the highly desirable North Phoenix submarket. The property features an attractive mix of 2-bed/2-bath and 3-bed/2-bath units and delivers strong performance with a 5.66% actual true cap rate. Ideally positioned near Paradise Valley Community College with quick access to SR-51 and Loop 101, residents enjoy proximity to major employment centers, retail, dining, and parks. Units offer designer kitchens with stainless steel appliances, in-unit washer/dryer, LVP flooring, modern baths, and spacious floor plans averaging 1,432 SF. Modern construction and minimal deferred maintenance make Campo Bello a true turn-key investment with long-term durability.

17444 N 32nd Street, Phoenix

$720,000

6958185 MLS

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!

834 W Osborn Road, Phoenix

$559,900

6956843 MLS

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.

4838 E Willetta Street, Phoenix

$579,900

6956807 MLS

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.

4832 E Willetta Street, Phoenix

$3,300,000

6955610 MLS

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.

2234 W Hazelwood Street, Phoenix

$749,000

6952059 MLS

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

822 E Carol Avenue, Phoenix

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