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$550,000
6612965 MLS
Incredible opportunity to purchase almost 2.5 acres in the gentrifying South Mountain area. Zoned Multi-Family R-3, this property has 3 structures on it. First, there is a charming older home which can be remodeled. Second, there is a double wide trailer built in 2003. Third, there is a metal shed. Drive down Desert Ln and you're surrounded multiple million dollar properties and desert landscape just minutes from incredible hiking, biking, and horse trails. Property can be split! Turn the land into a horse property or use it as an investment opportunity to earn income. Easy access to Sky Harbor, ASU, i-10. Owned by the same family for almost 30 years!

2202 E Desert Lane, Phoenix

Listing courtesy of Listing Agent: David Arustamian (480-209-2615) from Listing Office: Russ Lyon Sotheby's International Realty.

Selling Office: HomeSmart.

$849,000
6610718 MLS
Own a piece of history! ''The McClintock House'', listed on the National Register of Historic Places, was originally owned & lived in by historian, journalist & soldier, Colonel James McClintock! This multi-use property has AMAZING UPSIDE RENTAL OPPORTUNITY has 3 units including the original 2,508 sf 4 bed + 2 den/2.5 bath main house and a 738 sf 2 bed/2 bath duplex. This flexible property is situated in the heart of the East Evergreen Historic District and is close to all downtown Phoenix has to offer like restaurants, universities, light rail, sports, entertainment & more! Plus, it's close to freeways and the airport! Come see this piece of Arizona history before it's gone!

323 E Willetta Street, Phoenix

Listing courtesy of Listing Agent: Sean O'Carroll () from Listing Office: Elite Partners.

Selling Office: Keller Williams Northeast Realty.

$585,000
6607660 MLS
INVESTORS OPPORTUNITY! Welcome to your opportunity to invest in a thriving community and secure a piece of the future. This delightful 4-plex multi-family property, offers four spacious 2-bedroom, 1-bathroom units, each designed for comfortable living and long-term investment potential. This property is strategically located to provide easy access to all the amenities that modern living demands. Residents will enjoy a short commute to schools, shopping centers, parks, and employment hubs, making it an attractive choice for tenants. With a growing population and increasing demand for rental properties in this community, this 4-plex represents a great investment opportunity. As the community continues to expand and evolve, so does the potential of this property.

6434 S 22nd Street, Phoenix

Listing courtesy of Listing Agent: Magda Jael Valdez (480-622-2024) from Listing Office: Keller Williams Realty Phoenix.

Selling Office: Luxe Real Estate Group.

$359,000
6606577 MLS
Amazing investor opportunity! 2 units, 1 great price, with breathtaking mountain views! No HOA. Receive and entertain guests in the welcoming living/dining room filled with natural light. Tall ceilings, a trending palette, and tile flooring throughout are features worth mentioning. Cooking is a homeowner's delight in the kitchen, boasting functional appliances and white cabinetry. Each residence has two cozy bedrooms with walk-in closets, excellent for relaxation after a hard day's work. Spacious outdoor space for fun gatherings or parking areas. Excellent location! Just a few minutes away from shopping and dining hubs, schools, and efficient highway access.

2824 E Wier Avenue, Phoenix

Listing courtesy of Listing Agent: Richard Harless (480-771-1511) from Listing Office: AZ Flat Fee.

Selling Office: HomeSmart.

$725,000
6604278 MLS
Rear unit occupied with 24 month lease in place withapproximately1 year remaining.unit A available for owner occupied.tenants split water,sewer,trash and pay their own utilities.may be viewed by scheduling with listing agent/owner. all utilities paid by tenants. all landscape maintenance by tenants. brand new construction. NOT NOT NOT an addition or remodel. owner is az lic realtor, arch/desnr, and builder, granite counter tops, r.o.,water softener,ring doorbells,nest thermostats,and more in each unit. all appliances are included. awesome city and mountain views. To be sold in as is condition. Offer is not to be contingent upon appraisal. Sold as-is.

1933 E Monroe Street, Phoenix

Listing courtesy of Listing Agent: Pablo D Acosta (602-931-0369) from Listing Office: Colonial Realty, LLC.

Selling Office: Colonial Realty, LLC.

$665,000
6601899 MLS
A rare find in this market. Great 4 unit property all with 2 bedrooms and 1 bathroom. Extensively remodeled in 2020 with new flooring, new kitchen cabinets and appliances, new vanities, tubs and toilets popcorn ceilings have been removed. This four plex is part of a 48 unit complex of 12 individually owner 4 plex buildings. Units C and D have private small fenced yards. Roof was new in 2018 and unit B and C had new AC units installed in 2019. 100% occupied at below market rates. All tenants are month to month so rents can be raised. Market rents indicate a $1250-$1350 per month rate is possible., making the CAP rate a terrific 7%+. Community laundry. NO HOA! For owner occupants there is a fully ASSUMABLE FHA loan with a fixed rate of 2.99%!

2020 W Cactus Road, Phoenix

Listing courtesy of Listing Agent: Jeffery Chesleigh (480-399-3480) from Listing Office: HomeSmart.

Selling Office: Realty ONE Group.

$685,000
6597018 MLS
This upgraded 5-unit property offers day one cash-flow and nearly a 7% cap rate on actuals! Major upgrades have been done to the bones of the property, including a recent replacement of the main sewer line. Cosmetic upgrades include but are not limited to new flooring, interior & exterior paint, kitchen cabinets & countertops, and bathroom tiles & vanities. The property is well managed with government-assisted tenants on annual leases at market rates. Individually metered for electric. Located in an Opportunity Zone near Phoenix Sky Harbor Airport, downtown Phoenix, and I-10 & Loop 202 freeways. To learn more about City of Phoenix Opportunity Zones go to https://www.phoenix.gov/econdev/opportunity-zones. Drive-by only. Please do not disturb tenants.

2231 E Taylor Street, Phoenix

Listing courtesy of Listing Agent: Colin Kreager (602-714-1353) from Listing Office: ABI Multifamily.

Selling Office: HomeSmart.

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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