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$420,000
6779526 MLS
6228 S 12th St consists of four residential units near South Mountain. The unit mix consists of three studios and one 3-bed / 2-bath unit. The property is bank owned, and appears 50% occupied. Please contact broker for additional details.

6228 S 12th Street, Phoenix

Listing courtesy of Listing Agent: Beth Jo Zeitzer (602-319-1326) from Listing Office: R.O.I. Properties.

Selling Office: Non-MLS Office.

$425,000
6779516 MLS
6243,6239,6233 S 12th Place consists of four residential buildings across three parcels near South Mountain. The property was previously under renovation before becoming bank owned. The renovations are not complete and the majority of the property is in need of repairs. There is one tenant occupying the northern most unit, the remaining units are vacant. Please contact broker for additional details.

6243 S 12th Place, Phoenix

Listing courtesy of Listing Agent: Beth Jo Zeitzer (602-319-1326) from Listing Office: R.O.I. Properties.

Selling Office: Non-MLS Office.

$100,000
6779510 MLS
954 W Mohave St is located just south of Downtown Phoenix. The building was recently noticed for violation and Neighborhood Services Department is requiring the building to be demolished. Buyer will acquire property subject to the violation. This property is bank owned, and 100% vacant.

954 W Mohave Street, Phoenix

Listing courtesy of Listing Agent: Beth Jo Zeitzer (602-319-1326) from Listing Office: R.O.I. Properties.

Selling Office: R.O.I. Properties.

$680,000
6779505 MLS
2719 W Maryland Ave is a value add opportunity consisting of 8 units across two buildings on C-2 zoning. 7 of the 8 units are boarded up and not accessible, and one unit is occupied (front single family residence). This property is bank owned, and appears 12.8% occupied. Please contact broker for additional details.

2719 W Maryland Avenue, Phoenix

Listing courtesy of Listing Agent: Beth Jo Zeitzer (602-319-1326) from Listing Office: R.O.I. Properties.

Selling Office: Non-MLS Office.

$592,500
6779504 MLS
Property Description: 520-22 E Purdue Ave consists of four units across three buildings, totaling 2,604 SF in the Sunnyslope Submarket. The unit mix consists of a 1,092 SF single-family residence (3 bed / 2 bath), a 1,200 SF duplex (2 bed / 1 bath), and a 312 SF studio unit (1 bed / 1 bath), on a 13,537 SF lot. This property is bank owned, and appears 50% occupied. Please contact broker for additional details.

520-522 E Purdue Avenue Unit 1, Phoenix

Listing courtesy of Listing Agent: Beth Jo Zeitzer (602-319-1326) from Listing Office: R.O.I. Properties.

Selling Office: R.O.I. Properties.

$560,000
6779502 MLS
1329 E Cinnabar Ave offers a great investment opportunity nestled in the Sunnyslope Submarket. This multifamily property has five units across four buildings and all units have private backyards. The unit mix varies from one-, two-, and three- bedroom configurations. This property is bank owned, and 100% occupied.

1329 E Cinnabar Avenue, Phoenix

Listing courtesy of Listing Agent: Beth Jo Zeitzer (602-319-1326) from Listing Office: R.O.I. Properties.

Selling Office: R.O.I. Properties.

$340,000
6779146 MLS
PRICED TO SELL! INVESTOR SPECIAL! AMAZING OPPORTUNITY! Remodeled Historic Craftsman *NOTE: CONFIGURED AS 2BD/2BA AS IS WAS USED AS ATTORNEY'S OFFICE. R-5 mixed-use, multifamily zoning either residential or office or both! Or Art Gallery, Restaurant! Private,gated front yard w/covered porch. Cozy 2BD/2BA Or? MAKE into 2-1BD/1BA Units? 10'ceilings. Beautiful hardwood floors in living & dining areas, kitchen & through the hallway, ceramic tile floors in both bathrooms. Large lot w/high block fence, private backyard. *COULD BUILD 2 MORE UNITS? Rear entry w/parking spaces for RV's,trucks,cars. Walking distance to everywhere downtown Phoenix! Chase field, Footprint Center, ASU downtown, Light Rail, Phoenix Art Gallery & world class dining & entertainment. Live or work! BRING AN OFFER!

1215 W Woodland Avenue, Phoenix

Listing courtesy of Listing Agent: Sean O'Carroll (602-370-0321) from Listing Office: Citiea.

Selling Office: Realty ONE Group.

$940,000
6778033 MLS
Total 8 units of townhomes all 2 bedrooms/1.5bathroom in a community of total 99 units of Dunlap Condominiums. This is not apartment complex, but 8 units spread across the community of 15 building. Each unit large 1108sq as townhome, all units rented, each unit with Washer/Dryer, individual water heater and HVAC, Tenant pay for electricity. Average rent $1200 to 1500 for each unit in this community. HOA fee $300 each covering insurance, common area maintenance, and water, sewer, trash.

3524 W Dunlap Avenue Unit 112, Phoenix

Listing courtesy of Listing Agent: Zongfu Li () from Listing Office: Lichi Investment, LLC.

Selling Office: Non-MLS Office.

$300,000
6777845 MLS
Fantastic investor special with 2 units each 2 bedroom, 1 bath

10202 N 15th Avenue Unit 2, Phoenix

Listing courtesy of Listing Agent: Willie L Perryman () from Listing Office: My Home Group Real Estate.

Selling Office: eXp Realty.

$915,000
6777193 MLS
Uncover this rare gem an exceptional Multi-Family Investment opportunity. Well maintained multi-family property offers immense value and endless potential. New Roofs on All 3 buildings. Fresh exterior paint. Nestled only blocks from Lookout Mountain Preserves. Boasting a 1552 sq ft 3bd,2bath Main House with lots of updates, large open kitchen AND 4 units behind the main house on just under. 1/2-acre lush property with grassy areas, fruit trees and shared patio for BBQ's. 1 Unit is 2bd,1ba and 1 unit is 1bd,1ba. 2 Units 3bd, 1b. All units have a full-size kitchen and indoor laundry hook ups, approx. 784 sq ft each. Ample parking on new asphalt. Individual electric meters, to all units, water/sewer/trash included with rent. A huge opportunity for a great income property.

13415 N 21st Place, Phoenix

Listing courtesy of Listing Agent: Skyann Dorsett (602-739-1984) from Listing Office: Majestic Sky Realty.

Selling Office: ATLAS AZ, LLC.

$570,000
6777091 MLS
Investment opportunity in Phoenix! This 4-plex features four spacious 2-bedroom, 1-bath units, each approximately 840 sq. ft., offering comfortable living spaces. Set on a large 0.45 acre lot, the property provides ample room with potential for additional units, making it ideal for expansion or future development. Conveniently located near shopping, dining, and transit, this property offers strong rental appeal and versatility for investors looking to grow their portfolio. Don't miss this unique opportunity!

34 W Tamarisk Street, Phoenix

Listing courtesy of Listing Agent: James Diller (702-945-0055) from Listing Office: Real Broker.

Selling Office: HomeSmart.

$524,000
6776799 MLS
Perfect multi-family home in the heart of downtown Phoenix. Steps from the light rail, ballgames and entertainment this estate boasts all of the Phoenix charm that one would want. Ideal for an investor, this home has the potential to generate consistent solid income. It is also ideal for an owner wanting to reside on the property while offsetting expenses with a tenant OR a larger family looking for a huge in-law unit to accompany the primary. This updated multi-family property truly has limitless possibilities with NO HOA! Both units have their own washer/dryer/hot water heater etc...

1005 S 1st Avenue, Phoenix

Listing courtesy of Listing Agent: Joseph Roth (312-919-9403) from Listing Office: DeLex Realty.

Selling Office: DeLex Realty.

$340,000
6776763 MLS
10620 N 17th Dr is a well-maintained duplex consisting of (2) 1 bedroom, 1 bathroom units measuring approximately 600 sq ft. each and a large backyard. Currently one of the units is vacant but was recently turned and is ready to rent. The other unit will be vacant by the end of the year. This is a great opportunity for an investor to either rent out both units or live in one unit and rent out the other.

10620 N 17th Drive, Phoenix

Listing courtesy of Listing Agent: Bradley Skenderian (949-533-5594) from Listing Office: Matthews Real Estate Investment Services.

Selling Office: Matthews Real Estate Investment Services.

$495,000
6776201 MLS
Charming investment property near downtown Phoenix & the State Fairgrounds combining historic charm with modern updates, featuring 2 bedrooms, 1 bath, a remodeled kitchen, & an updated bath. Enter through the cute front patio adorned with a porch swing, leading to a natural light-filled living room & a cozy fireplace. Fresh paint & period-style windows replaced in 2022 keep its classic appeal alive. The backyard hosts a standalone building perfect for an office, art studio or game room. A separate 2 level casita offers a living room, kitchen, bathroom, & private bedroom, with its own laundry, yard, & parking. Casita is currently occupied, main house is ready for occupancy.

1925 W Monte Vista Road, Phoenix

Listing courtesy of Listing Agent: Roberta L Voss () from Listing Office: RE/MAX Professionals.

Selling Office: ATLAS AZ, LLC.

$1,250,000
6775525 MLS
1605 -09 W Latham St consists of five bank owned commercial / multifamily buildings across two parcels, totaling twelve multifamily units and one retail / commercial space across. The multifamily units are partially leased (5 of 12), and the retail space is vacant. The unit mix for the multifamily units consists of (2) two bed / 1 bath (4) one bed / one bath and (6) studios. The property is situated just west of Downtown Phoenix near the intersection of Grand Ave & Roosevelt St, placing it in an area rich with history, restaurants, social hubs, and retail. Please contact broker for additional details. Please contact broker for additional details.

1605-1609 W Latham Street, Phoenix

Listing courtesy of Listing Agent: Beth Jo Zeitzer (602-319-1326) from Listing Office: R.O.I. Properties.

Selling Office: Non-MLS Office.

$575,000
6775523 MLS
5121 & 5119 N 18th Ave consists of four bank owned residential / multifamily buildings across two parcels, combining for four total rentable dwelling units. The buildings consist of: (I) Single Family Residence (3 bed / 1 bath) (II) Unit A (2 bed / 1 bath) (III) Unit B (1 bed / 1 bath) (IV) Unit C (1 bed / 1 bath). These units are all occupied (Sec 8). The property is situated near the NEC of 19th Ave & Camelback Rd, and only a mile south of the redeveloping Christown Mall. Please contact broker for additional details.

5119-5121 N 18th Avenue, Phoenix

Listing courtesy of Listing Agent: Beth Jo Zeitzer (602-319-1326) from Listing Office: R.O.I. Properties.

Selling Office: eXp Realty.

$925,000
6775516 MLS
1545 W Roosevelt St consists of six multifamily buildings and has a total of 12 multifamily units (100% vacant - 1 bed / 1 bath), known as the Roosevelt Bungalows. The property is bank owned and in need of repairs, making it perfect for value-add investors looking for a medium sized multifamily property to fix up and put their touches on. The location being situated just west of Downtown Phoenix near the intersection of Grand Ave & Roosevelt St, places it in an area rich with history, restaurants, social hubs, and retail. Please contact broker for additional details.

1545 W Roosevelt Street, Phoenix

Listing courtesy of Listing Agent: Beth Jo Zeitzer (602-319-1326) from Listing Office: R.O.I. Properties.

Selling Office: Non-MLS Office.

$404,000
6774958 MLS
Unique multi family/duplex property: Two detached brick houses on one corner lot. Separate yards and driveways for complete privacy. One 2 bed/2 bath and one 2 bed/1 bath, both rented. Front house on a mtm lease, back house lease term ends 1/31/2025. One water meter for both, individually metered for electric and gas. Both have central A/C, all appliances, and carports. Quiet street in a convenient neighborhood with historic and creatively renovated homes. Great opportunity for a first time investment or owner occupy and have instant rental income! DRIVE BY ONLY. DO NOT DISTURB TENANTS. TENANT'S RIGHTS.

2545 E Culver Street, Phoenix

Listing courtesy of Listing Agent: Lisa J Richardson (602-770-8063) from Listing Office: ROI Asset Management Solutions.

Selling Office: AZ Brokerage Holdings, LLC.

$799,000
6773705 MLS
Discover a fantastic investment opportunity with this unique four-plex, featuring a versatile unit mix that includes one spacious 3-bedroom, 2-bath unit and three 2-bedroom, 1-bath units. Perfectly situated in a growing area of Phoenix, this property offers tremendous potential for value appreciation. This four-plex is not just an investment; it's a blank canvas for creative minds to enhance and maximize its potential. With its strategic location and numerous opportunities for improvement, this property stands out as the best investment opportunity in the Phoenix area.

3307 W Harmont Drive, Phoenix

Listing courtesy of Listing Agent: Daniel K Papin () from Listing Office: W and Partners, LLC.

Selling Office: eXp Realty.

$507,750
6773547 MLS
Amazing opportunity for an investor. 3 dwellings, 2 of which have month to month leases and one with a lease terming soon. The main house has two 2/1 units, the unit in back is a 1/1. The unit shown is the mirror to the other half of the duplex. The third unit is on the back of the property. Easy to rent, awesome historic downtown Phoenix location. Reach out for details on how you can make this wise investment happen for you. Unit 1 has a lease that expires June 30th of 2025. The other two are month to month. (Additional Listing Info) *Monthly Rental income: $4050

1318 W Monroe Street, Phoenix

Listing courtesy of Listing Agent: Somone Wilder (602-696-7859) from Listing Office: Jason Mitchell Real Estate.

Selling Office: Non-MLS Office.

$640,000
6772358 MLS
Well-Maintained fully occupied 4-Plex! Two 2-bdrm units, One 1-bdrm unit, and One 3-bdrm unit. These units feature open floor plans with large bedrooms. Owner/ agent

2240 W Southern Avenue, Phoenix

Listing courtesy of Listing Agent: Kevin McGowin (480-400-2920) from Listing Office: Go Win Property Management.

Selling Office: HomeSmart.

$592,000
6772313 MLS
Excellent Investment Opportunity: Four 2-Bedroom Units! This well-maintained property features four units, each offering 2 spacious bedrooms and 1 bathroom. All units share identical layouts, along with a fenced yard, perfect for outdoor relaxation and privacy. Inside, you'll find durable tile flooring throughout, along with essential appliances including refrigerators that will convey. To keep cool during the warmer months, every unit is equipped with roof-mounted A/C units. Each unit operates on separate electrical meters, allowing tenants to manage their own electricity costs, while the landlord covers water and trash services. Tenants are currently on month-to-month leases, providing flexibility for future adjustments.

934 W Cheryl Drive, Phoenix

Listing courtesy of Listing Agent: Jacquelyn E Shoffner (602-881-5494) from Listing Office: Real Broker.

Selling Office: RETSY.

$450,000
6772073 MLS
Duplex. Home needs work. Historic Home

2205 N 11th Street, Phoenix

Listing courtesy of Listing Agent: Lauren Rosin (480-744-4604) from Listing Office: eXp Realty.

Selling Office: eXp Realty.

$655,000
6771473 MLS
Wonderful Investment opportunity! 4-Plex with paying tenants. All units are 2 bed/ 1 bath with washer and dryer hookups in each unit. Buyer to verify all facts and finances. Will only show with accepted contract. Owner/ agent

723 E Hazel Drive, Phoenix

Listing courtesy of Listing Agent: Kevin McGowin (480-400-2920) from Listing Office: Go Win Property Management.

Selling Office: Keller Williams Arizona Realty.

$495,000
6771428 MLS
This triplex consists of large 2 bed/ 1 bath units, with tile flooring throughout. These units also feature private backyard patios. Next door triplex (15611 N 29th St) is also for sale and can be purchased together. Long term tenants

15615 N 29th Street, Phoenix

Listing courtesy of Listing Agent: Kevin McGowin (480-400-2920) from Listing Office: Go Win Property Management.

Selling Office: The Brokery.

$495,000
6771420 MLS
This triplex consists of large 2 bed/ 1 bath units, with tile flooring throughout. These units also feature private backyard patios. Long term tenants

15611 N 29th Street, Phoenix

Listing courtesy of Listing Agent: Kevin McGowin (480-400-2920) from Listing Office: Go Win Property Management.

Selling Office: The Brokery.

$2,750,000
6770776 MLS
16-unit multifamily opportunity located in the North Mountain Submarket of Phoenix, AZ. Originally built in 1965 and renovated in 2018, this asset is strategically positioned near the base of North Mountain, near many economic drivers such as the I-17 employment corridor, $1B redevelopment of the Metrocenter, and the North Mountain Redevelopment Area (NMRA). Additionally, the property consists of a desirable unit mix of 100% two-bedroom, one-bathroom floorplans across 4 separately parceled Fourplexes, allowing for residential or commercial financing. Community amenities include an on-site laundry facility, private patios, and a community common area where there is potential to build additional units.

936 W Mountain View Road, Phoenix

Listing courtesy of Listing Agent: Bradley Skenderian (949-533-5594) from Listing Office: Matthews Real Estate Investment Services.

Selling Office: Realty ONE Group.

$625,000
5 Beds ⋅ 5 Baths ⋅ 6770097 MLS
5-UNIT VALUE-ADD INVESTMENT OPPORTUNITY | $625,000 | Approx. $125,000 Per Unit Small portfolio. Big opportunity.Terrace, offering investors an opportunity to acquire a manageable workforce housing portfolio with future flexibility. Each residence is a 1-bedroom plus den / 1-bath floor plan (the den functions as a bedroom but does not have a window) and includes its own washer and dryer. Priced at $625,000--approximately $125,000 per unit--this portfolio is well suited for investors looking to expand an existing rental portfolio or establish a meaningful presence in the Phoenix workforce housing market.The projected income profile offers attractive risk-adjusted return potential for investors who understand value-add opportunities and active portfolio management.This is an unwarrantable condominium community, making conventional residential financing challenging. The ideal purchaser will utilize commercial financing, cash, a 1031 Exchange, private capital, or other investment strategies appropriate for this type of asset. Investment Highlights: Individually deeded condominium ownership allowing future resale flexibility. Professionally managed HOA. Renovated units with in-unit washer and dryer. Strong workforce housing demand in North Phoenix. Covered parking, community pool, on-site management office, barbecue area and convenient freeway access. Attractive entry point at approximately $125,000 per unit. This portfolio offers investors an opportunity to own income-producing real estate with operational upside while maintaining a manageable five-unit footprint. If you're looking for a pristine institutional asset, this isn't it. If you're looking for cash flow, upside, and know how to operate Class C workforce housing, let's talk.

18202 Cave Creek Road Unit 5 units, Phoenix

Listing courtesy of Listing Agent: Amy D Brown (928-254-0501) from Listing Office: Coldwell Banker Realty.
$2,125,000
29 Beds ⋅ 29 Baths ⋅ 6770068 MLS
17-UNIT VALUE-ADD WORKFORCE HOUSING PORTFOLIO | $2,125,000 | Approx. $125,000 Per Unit. Not every investor is the right buyer for this portfolio and that's exactly the point. This 17-unit workforce housing portfolio consists of individually deeded condominium units within Mountain Springs Terrace and is being offered as a single investment opportunity. The portfolio includes eleven 2-bedroom plus den/2-bath units, five 1-bedroom plus den/1-bath units, and one 3-bedroom/1-bath unit. (The den functions as a bedroom but does not have a window.) Offered at $2,125,000 approximately $125,000 per unit this is a value-add opportunity designed for investors who understand cash flow, operational improvements and long-term appreciation rather than turnkey perfection. The projected income profile offers the type of risk-adjusted return experienced investors often seek in workforce housing assets, recognizing that stronger returns typically accompany opportunities requiring active ownership and thoughtful management. This is an unwarrantable condominium community, making conventional residential financing challenging. The ideal purchaser will be an experienced investor utilizing commercial financing, cash, a 1031 Exchange, private capital, or other investment strategies appropriate for this asset class. Many units have been renovated over time, and every residence includes its own washer and dryer an amenity that continues to attract long-term tenants. The community offers covered parking, a swimming pool, on-site management office, barbecue area, and convenient access to major employment corridors, shopping, Loop 101, SR-51, and public transportation. Investment Highlights: Individually deeded condominium ownership providing long-term ownership flexibility and multiple future exit strategies. Professionally managed HOA. Continued capital improvements and ongoing maintenance demonstrate proactive ownership. Strong demand for workforce housing in an established North Phoenix rental market. Every residence includes an in-unit washer and dryer. Attractive basis at approximately $125,000 per unit. This is not a passive investment. It is a portfolio built for investors who understand Class C workforce housing, recognize value-add opportunities, and appreciate the balance between operational involvement and long-term income potential. If you're looking for a pristine institutional asset, this isn't it. If you're looking for cash flow, upside, and know how to operate Class C workforce housing, let's talk.

18202 Cave Creek Road Unit 17units, Phoenix

Listing courtesy of Listing Agent: Amy D Brown (928-254-0501) from Listing Office: Coldwell Banker Realty.
$493,500
6768763 MLS
Discover this fantastic investment opportunity in this triplex property! Each unit boasts a welcoming living room with a soothing palette and an eat-in kitchen with ample cabinetry and built-in appliances. The bedrooms are cozy, with soft carpeting underfoot. Outdoors, you'll find a common backyard perfect for unwinding at the end of a long day. Unit one has 3 bedrooms while units two and three only have two bedrooms. Located near Downtown Phoenix, 10 minutes from Arcadia and Old Town Scottsdale, minutes from 202 Freeway, ASU. Don't miss out this opportunity to live in one property and rent the others! Rents - Unit 1 Vacant Unit 2 $825 Unit 3 $995

2936 E Granada Road, Phoenix

Listing courtesy of Listing Agent: Michael D Smith (480-694-2564) from Listing Office: Barrett Real Estate.

Selling Office: eXp 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.

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS®,