1249 W Pierce Street, Phoenix, AZ 85007
- $1,176,000
- Sold Price
- $1,176,000
- List Price
- $1,325,000
- Status
- CLOSED
- Days on Market
- 155
- Closing Date
- May 12, 2026
- MLS#
- 6955650
- Subtype
- Multiple Dwellings
- Year Built
- 1986
- Subdivision
- University Addition
Property Description
1249 & 1253 W Pierce St is an 8-unit, garden-style property, constructed in 1986. The asset consists of two individually parceled fourplexes, offering flexible financing options and long-term investment versatility. The unit mix comprises (4) 3-bedroom/1-bathroom units and (4) 2-bedroom/1-bathroom units, each individually metered for electricity. The unit's interiors have been upgraded and include in-unit washers and dryers, enhancing appeal and rental demand. The property also features an on-site gated parking lot for added convenience and security. Ideally situated just minutes from the Grand Avenue Arts District, Roosevelt Row, and Downtown Phoenix, the asset benefits from strong tenant demand and easy access to a vibrant mix of employment, dining, arts, and entertainment.
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Additional Information
- Taxes
- $1,404
- Zoning
- R-5
- Heating
- Electric, Varies by Unit
- Air Conditioning
- Central Air, Electric, Varies by Unit
- Exterior Construction
- Wood Frame, Stucco
- Parking Features
- >1 Space Per Unit
Mortgage Calculator
Listing courtesy of Listing Agent: Bryce Neagle (602-714-8931) from Listing Office: ABI Multifamily.
Selling Office: ABI Multifamily.All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.