2002 W Jefferson Street, Phoenix, AZ 85009

$499,000
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List Price
$499,000
Status
ACTIVE
Days on Market
74
Price Change
▼ $40,000 1786406851
MLS#
7039118
Subtype
Multiple Dwellings
Year Built
1935
Subdivision
Capitol Addition
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(602) 769-4725

Property Description

Rare opportunity to acquire a fully occupied 5 Unit income-producing property consisting of three separate freestanding buildings on one parcel in the rapidly improving Central Phoenix corridor. This property features a diverse unit mix, extensive recent renovations, and long-term tenants paying premium rents. Current Gross Income: $76,560 ($6,380/Mo) Cap Rate: 11+% 2023 Renovations: New flooring, Updated plumbing, Sewer improvements, Interior paint, Exterior paint, Bathroom remodels, Kitchen upgrades. 2025 Improvements: New electrical wiring, New electrical panels with green tags, new addition/extension.

(602) 769-4725
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Additional Information

Taxes
$906
Zoning
R-3
Flooring
Other
Heating
See Remarks
Air Conditioning
See Remarks
Exterior Construction
See Remarks
Parking Features
On Street
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Listing courtesy of Listing Agent: Zachary Coty (602-516-4767) from Listing Office: Compass.

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.