110 N 33rd Avenue, Phoenix, AZ 85009

$362,000

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List Price
$362,000
Status
PENDING
Days on Market
10
MLS#
7056584
Subtype
Multiple Dwellings
Year Built
1953
Subdivision
Wormsers Addition Block 1

Property Description

EXCEPTIONAL INVESTMENT OPPORTUNITY IN A PRIME LOCATION! This single-story, four-unit multifamily property, built in 1953, presents an outstanding value-add opportunity for investors. The property features four 1-bedroom, 1-bath units, all currently vacant and ready for renovation, providing a blank canvas to maximize your investment vision. Prime Location: Conveniently located near US-60 (Grand Avenue) with easy access to I-10, I-17, and Loop 202, offering seamless connectivity throughout the Phoenix metro area. Future Growth Potential: A planned light rail extension along Van Buren is expected to further enhance accessibility and position this property within a growing transit-oriented corridor. Excellent Convenience: Just minutes from Downtown Phoenix and Phoenix Sky Harbor International Airport, making it an attractive location for future tenants seeking easy access to employment, entertainment, and transportation. The property requires renovation to address deferred maintenance, and the competitive list price reflects this exceptional opportunity. With strong rental demand and significant upside potential, this is your chance to transform a distressed asset into a high-performing investment.

Additional Information

Taxes
$656
Zoning
R-4
Heating
Electric, Natural Gas
Air Conditioning
None
Exterior Construction
Block, Painted
Parking Features
Assigned
Elementary School
William R Sullivan Elementary School
Middle School
William R Sullivan Elementary School
High School
Carl Hayden High School

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Joseph P Mahoney (480-433-5792) from Listing Office: JM Realty.

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.