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108 S 22nd Avenue, Phoenix, AZ 85009

$178,000
2
BD
2
BA
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Sold Price
$178,000
List Price
$220,000
Status
CLOSED
Days on Market
28
Closing Date
Oct 06, 2026
MLS#
7079408
Subtype
Multiple Dwellings
Year Built
1921
Bedrooms
2
Bathrooms
2
Subdivision
Capitol Addition
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(602) 769-4725

Property Description

Rare Investment Opportunity: Prime Multi-Family Package in Phoenix Unlock exceptional value with this versatile investment opportunity located in central Phoenix. Conveniently positioned with easy access to Downtown Phoenix, I-10, local dining, public transit, and major employment hubs. This property is a brick duplex featuring 2 separate units, each configured as a 1-bed, 1-bath layout with a fireplace. Needs renovation-perfect for investors looking to add value, update finishes, and bring rents up to market rate to maximize monthly cash flow. The adjacent vacant lot (2203 W JEFFERSON ST, Phoenix, AZ 85009), also zoned for multi-family residential (MLS 6871932), is being sold TOGETHER as a package deal. Develop the lot to build additional income-producing units and and expand your ren Develop the adjacent multi-family lot to build additional income-producing units and expand your rental portfolio. Whether you are looking to fix-and-hold for steady passive income or develop the adjoining parcel for maximum yield, this dual-parcel opportunity is built for high returns.

(602) 769-4725
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Additional Information

Taxes
$1,061
Zoning
R-5
Appliances
None
Heating
Forced Air
Air Conditioning
Heat Pump
Exterior Construction
Brick, Wood Frame, Brick Veneer
Parking Features
None
Elementary School
Mary Mcleod Bethune School
Middle School
Mary Mcleod Bethune School
High School
Metro Tech High School
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Listing courtesy of Listing Agent: Dorette A. Oppong-Takyi (480-286-3242) from Listing Office: Russ Lyon Sotheby's International Realty.

Selling Office: Real Broker.

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.