Refine Search
Map
Sort by
$879,900
7039257 MLS
Very rare offering in 85016 ZIP CODE. Clean property in a great east Phoenix/Biltmore location. Established rental community with strong historic occupancy and significant rental upside. Tenants enjoy covered parking, gated access and private courtyard. Brand new Xeroscaped landscaping. Units are tiled and have separate meters for gas & electricity. On-site laundry includes owned machines for additional revenue. Property has upgraded electrical and copper plumbing. Each tenant has a reserved covered parking spot in the carport. 4 minutes to Town & Country shopping district and Camelback Road/Biltmore area. Perfect location, well-maintained property and upside in rents.

2101 E Osborn Road, Phoenix

Listing courtesy of Listing Agent: William Scheidt (480-540-3812) from Listing Office: PMI East Valley.
$499,000
7039118 MLS
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.

2002 W Jefferson Street, Phoenix

Listing courtesy of Listing Agent: Zachary Coty (602-516-4767) from Listing Office: Compass.
$662,500
7039047 MLS
Exceptional investment opportunity featuring a total of seven units, including a single-family residence & eligible for residential financing. This triplex must be sold with the adjacent fourplex (MLS # 7039046), creating a seven-unit investment portfolio. Located near GCU, the freeway, shopping, and other amenities, this property offers strong tenant appeal. The single-family residence features a full-size laundry room. All units were renovated between 2019 and 2020. Improvements include new sewer and water lines, upgraded electrical service, interior and exterior paint, roofs replaced on both triplexes in 2024, and a new roof on the single-family residence in 2020. Well-maintained property with numerous updates throughout. See Documents tab for details. Buyer to verify all information.

2620 W Pierson Street, Phoenix

Listing courtesy of Listing Agent: Michael P Weinstein (602-618-8792) from Listing Office: West USA Realty.
$662,500
7039046 MLS
Exceptional investment opportunity featuring a total of seven units, including a single-family residence & eligible for residential financing. This fourplex must be sold with the adjacent triplex (MLS #7039047), creating a seven-unit investment portfolio. Located near GCU, the freeway, shopping, and other amenities, this property offers strong tenant appeal. The single-family residence features a full-size laundry room. All units were renovated between 2019 and 2020. Improvements include new sewer and water lines, upgraded electrical service, interior and exterior paint, roofs replaced on both triplexes in 2024, and a new roof on the single-family residence in 2020. Well-maintained property with numerous updates throughout. See Documents tab for details. Buyer to verify all information.

2616 W Pierson Street, Phoenix

Listing courtesy of Listing Agent: Michael P Weinstein (602-618-8792) from Listing Office: West USA Realty.
$2,795,087
7038917 MLS
Turnkey 8-unit multifamily investment in the heart of the Biltmore area. This gated community features eight large 2-bedroom, 2-bath units with vaulted ceilings, private backyards, in-unit laundry, and exterior storage. Renovated in 2020 with modern finishes including stainless steel appliances, updated cabinetry, vinyl flooring, and contemporary bathrooms. Community amenities include a dog run, picnic area, BBQ space, and desert landscaping. Prime central Phoenix location with convenient access to shopping, dining, employment centers, and major freeways. Strong long-term investment opportunity in a high-demand rental market.

4229 N 17th Street, Phoenix

Listing courtesy of Listing Agent: Shannon Hall (541-788-9027) from Listing Office: Bellagio Real Estate.
$700,000
7038723 MLS
Welcome to Three at Bumbalow - A Rare Triplex Investment in the Heart of Central Phoenix! Three at Bumbalow presents a unique opportunity to own a recently upgraded triplex in one of Phoenix's most sought-after and rapidly developing neighborhoods. Ideally located near downtown, major freeways, and light rail access, this property is perfect for investors seeking strong rental income or owner-occupants looking to live in one unit while renting out the others. This well-maintained property was renovated in 2023 and features three individual units: Two units with 2 bedrooms and 1 bathroom each, and One larger unit with 3 bedrooms and 2 bathrooms. Each unit has its own private entrance and offers a functional floor plan designed for comfortable living. A nice side yard adds outdoor space and potential for further enhancements, such as communal gathering areas or added amenities. Each unit is equipped with washer and dryer hookups. All the washers, dryers, and refrigerators are included in the sale and convey. The property is currently self-managed, which keeps operating costs low. This triplex is perfect for both seasoned investors and first-time multifamily buyers looking to enter the market with a well-located, income-producing asset. The units are currently rented at $2,863, $1,550, and $1,985 per month, respectively. Whether you're looking to expand your real estate portfolio, complete a 1031 exchange, or live in one unit while earning passive income from the others, Three at Bumbalow offers flexibility, stability, and upside in a prime Central Phoenix location.

2223 E Roosevelt Street, Phoenix

Listing courtesy of Listing Agent: Josiah Miller (480-290-3239) from Listing Office: West USA Realty.
$815,000
7038283 MLS
Seize this fantastic opportunity to own a well-located duplex close to schools, dining, highway access, and sports fields! Each unit features 3 spacious bedrooms, 2 bathrooms, neutral tones, tile flooring throughout, a laundry area, and a clean, modern kitchen with granite countertops, stainless steel appliances, and an island perfect for casual meals. Enjoy tandem covered parking for added convenience and no HOA restrictions. This property is a great option for investors or owner-occupants--live in one unit and rent the other, or explore short-term rental. One unit Airbnb-ready. Opportunities like this don't come around often. Come see it before it's gone!

1908 W Lawrence Road Unit 1&2, Phoenix

Listing courtesy of Listing Agent: Amparo Lopez (480-217-8459) from Listing Office: West USA Realty.
$995,000
7037733 MLS
An amazing investment opportunity in a fantastic central Phoenix location. This 4-plex offers updated units and plenty of off-street parking (4 covered/6 uncovered). All units have been renovated and feature updated counters, flooring, etc. The main house offers 3 beds & 2 bathrooms. The other units are one 3/1 and two 2/1. Some have private W&D; others share a laundry facility. All units have private back yards. Close to everything, you can't go wrong. Phoenix Children's Hospital is just a 10-minute walk. Hop in the car for a 10-minute ride to Sky Harbor, or a 15-minute jaunt into downtown Phoenix. Live in one, rent the others!

1936 E Yale Street, Phoenix

Listing courtesy of Listing Agent: Lisa M Blanzy () from Listing Office: Mark Brower Properties, LLC.
$765,000
7 Beds ⋅ 4 Baths ⋅ 7037654 MLS
Opportunities like this are genuinely rare in central Phoenix. Situated on a nearly 8,000 square foot lot in the heart of the Encanto neighborhood, this property offers two fully separate homes, a 3-bedroom, 2-bath main house and a 4-bedroom, 2-bath guest house, each with its own living space, garden, kitchen, and entrance. Live in one and let the other help carry the mortgage. House extended family. Or lease both. The lot gives you options that most properties simply cannot. Current tenants are month to month and interested in signing year long leases. Both houses have private fenced yards with their own private grassy outdoor spaces. The front house carries the charm of its 1940 bones while delivering the comfort of a fully updated home, with granite counters, in-unit laundry, and a layout that lives larger than the square footage suggests. The back house 4 bed 2 bath is newly built in 2022 and ready for occupancy with master suite, granite counters, large bedrooms and an open floor family room and kitchen. Two homes. One address. An income stream built in from day one. The location makes both homes remarkably easy to rent and even easier to love. Downtown Phoenix is minutes away, putting Chase Field, Footprint Center, the arts district, and the city's best restaurants within a short drive or rideshare. Phoenix Children's Hospital is right around the corner, making this address a natural fit for traveling medical staff or a generational family home. There are so many options to make this property work for you!

1911 E Harvard Street, Phoenix

Listing courtesy of Listing Agent: Mason Weiss (480-818-7745) from Listing Office: Barrett Real Estate.
$570,000
7037205 MLS
Investor Special! This duplex offers 2 bedrooms, 2 bathrooms, and a 2 car garage, conveniently located near the downtown area with easy access to I-17. The property has been recently updated and sits in a high-demand location experiencing significant growth. Enjoy proximity to all that downtown Phoenix has to offer, including top restaurants, shopping, entertainment, and stadiums. An added bonus includes RV parking with a separate electrical meter, creating potential for extra rental income. This is an excellent opportunity to add to your rental portfolio, flip, or buy and hold for long-term appreciation. Please note, the property is tenant occupied--do not disturb tenants.This home qualifies for a limited-time lender-paid 2-1 buydown-- reduced monthly payments for the first 2 years years at no cost to the buyer or seller.

1802 W Sherman Street, Phoenix

Listing courtesy of Listing Agent: Ruben Luna (602-649-4127) from Listing Office: eXp Realty.
$299,900
7037076 MLS
Excellent value-add multifamily investment opportunity located in the growing Central Phoenix market. This unique 4-unit property offers strong income potential with major renovation work already completed, making it an ideal opportunity for investors looking to finish the final touches and maximize returns. The property consists of: Front Unit: Spacious 3 Bedroom / 2 Full Bathroom unit with in-unit laundry room Rear Unit 1: 1 Bedroom / 1 Bathroom Rear Unit 2: 2 Bedroom / 1 Bathroom Rear Unit 3: Studio unit Each rear unit has its own private entrance, creating privacy and flexibility for tenants. The majority of the interior renovation work has already been completed. Additional planned upgrades include: Brand new electrical system installation New HVAC systems New ap New hot water heaters Seller plans to complete the remaining improvements prior to closing for an additional negotiated price, providing buyers flexibility to either purchase as-is or receive a near turn-key finished product. The property includes parking for approximately 3 vehicles onsite, along with additional street parking availability. This is a great opportunity for an investor or owner-operator to take over a nearly completed project and add the final cosmetic and operational touches. Estimated total rental income is projected to exceed $4,000 per month once fully stabilized. Conveniently located near Downtown Phoenix, major freeways, employment centers, dining, shopping, and public transportation, this property benefits from strong rental demand and continued area growth. Priced to sell quickly. Excellent opportunity for investors seeking cash flow, appreciation potential, and value-add upside. Buyer to verify all facts, figures, measurements, zoning, permits, and projected rental income.

1220 S 10th Avenue, Phoenix

Listing courtesy of Listing Agent: Kiran Vedantam (602-550-4842) from Listing Office: Kosh Realty.
$595,000
7037040 MLS
Great investment opportunity in the highly desirable gated community of Palomino Point! This 4-plex is situated in a single building and features an excellent unit mix consisting of a 3 bed/3 bath, a 2 bed/2 bath, a two-story 2 bed/1.5 bath, and a spacious 1 bed/1 bath. All units have received full to partial remodels, including new flooring and newer appliances. The HOA covers water, sewer, trash, and landscaping, while electricity is individually metered to each unit. Additional features include a private patio with a second-floor balcony. Residents enjoy access to the community pool, heated spa, and playground. Ideally located across the street from a school and just minutes from shopping and public transportation. Buyer to verify all information.

2837 E Marconi Avenue, Phoenix

Listing courtesy of Listing Agent: Mona K Oshana (623-203-7424) from Listing Office: Southwest Property Sales & Leasing.
$889,000
5 Beds ⋅ 5 Baths ⋅ 7036877 MLS
4-unit apartment community. The front house was originally constructed in 1905, while the triplex was built in 1984 using block masonry. The property was extensively renovated in 2023, with approx $62,500 per door in capex per unit. Each unit is equipped with new in-suite washer and dryer. Upgrades include new roof, flooring, cabinets, countertops, ac units and hot water heaters for triplex, stainless steel appliances, and more. The community features a desirable mix of (1) 2-bed, 2-bath single-family home and (3) 1-bed, 1-bath units, all thoughtfully updated with modern finishes. Each unit is equipped with its own exterior storage space, private backyards and in-unit washer and dryers, and residents enjoy dedicated parking for added convenience. Each unit indiv. metered for electricity.

2709 E Willetta Street Unit FRNT, Phoenix

Listing courtesy of Listing Agent: Mitchell Drake (602-714-1289) from Listing Office: ABI Multifamily.
$793,850
7036782 MLS
The property is a triplex located in North Central Phoenix. The unit mix is good, having two (2 bed / 1 bath units) and one (1 bed 1 bath). We are missing 2025 and 2026 (YTD) financials, however the property is currently gross around $50k annual in rents.

6220 N 14th Street, Phoenix

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

Selling Office: ABI Multifamily.

$633,333
7036734 MLS
The property is a triplex located in North Central Phoenix. The unit mix is okay, having two (1 bed / 1 bath units) and one (2 bed / 1 bath unit).

925 E Ocotillo Road, Phoenix

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

Selling Office: ABI Multifamily.

$633,333
7036728 MLS
The property is a triplex located in North Central Phoenix. The unit mix is okay, having two (1 bed / 1 bath units) and one (2 bed / 1 bath unit).

919 E Ocotillo Road, Phoenix

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

Selling Office: ABI Multifamily.

$633,334
7036704 MLS
The property is a triplex located in North Central Phoenix. The unit mix is okay, having two (1 bed / 1 bath units) and one (2 bed / 1 bath unit).

913 E Ocotillo Road, Phoenix

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

Selling Office: ABI Multifamily.

$274,900
7036189 MLS
Unique multi-unit opportunity featuring three separate residences on one lot! Front home offers 3 bedrooms and 1 bathroom with spacious living areas, tile flooring and covered front patio. Second unit includes 2 bedrooms and 1 bathroom with functional kitchen and living space. Third unit features 1 bedroom and 1 bathroom, providing flexibility for rental income, extended family or multi-generational living. Convenient location near shopping, dining, schools and freeway access. Great opportunity for investors, multi-generational living or buyers seeking flexible use options with three separate residences situated on one parcel. Buyer to verify all facts, figures, square footage and zoning/use information.

1522 W Taylor Street, Phoenix

Listing courtesy of Listing Agent: Clay Strawn (480-422-8980) from Listing Office: Legion Realty.
$395,000
7036021 MLS
Excellent investment opportunity! This 4-plex is ideally located near major freeways, shopping, dining, schools, and everyday conveniences, offering strong appeal for both tenants and investors. The property features four units with significant income-producing potential. While the property needs TLC, it presents an excellent value-add opportunity for investors looking to renovate, increase rents, and build equity. Whether you're expanding your portfolio or seeking a multifamily property in a highly accessible location, this property offers tremendous upside and long-term potential.

2509 E Willetta Street, Phoenix

Listing courtesy of Listing Agent: Lisa Carroll (602-459-4999) from Listing Office: Avenue Home Realty.
$1,599,000
7035981 MLS
The Chadley at Madison Park is a 5-unit multifamily community originally built in 1958 and comprehensively renovated in 2026.Interior upgrades include updated electrical panels, new plumbing, full cosmetic renovations, and new in-unit washers and dryers. Exterior improvements include a new roof, new sewer lines, new water lines, new HVAC systems, and new water tanks. The unit mix consists of (4) two-bedroom/one-bathroom units and (1) three-bedroom/two-bathroom home, appealing to families and long-term tenants alike. Each residence features a large private backyard and a dedicated carport and outdoor space that is increasingly rare in the submarket. Ideally positioned directly across from Madison Park and Madison Park Middle School and just minutes from shopping, dining, and entertainment

4323 N 13th Place, Phoenix

Listing courtesy of Listing Agent: Dallin J Hammond (602-714-1794) from Listing Office: ABI Multifamily.
$800,000
7035349 MLS
Total 6 units of townhomes all 2 bedrooms/1.5bathroom in a community of total 99 units of Dunlap Condominiums, large 1108sqft for each unit, all units rented, each unit with Washer/Dryer, individual water heater and HVAC, Tenant pay for electricity. Average rent $1100 to 1400 for each unit in this community. HOA fee $300 each covering insurance, common area maintenance, and water, sewer, trash.

3520 W Dunlap Avenue Unit 109, Phoenix

Listing courtesy of Listing Agent: Zongfu Li (480-248-4618) from Listing Office: Dr Win Realty LLC.
$979,000
9 Beds ⋅ 6 Baths ⋅ 7034814 MLS
Rare Uptown Phoenix 4plex+ compound on one lot that runs from Coolidge to Highland. 1st position Seller Financing available: 6% i/o & 40% down. 4 units/3 buildings: 746 W Coolidge W (3 bed/2b)-1150 sf-$1500R); 746 W Coolidge E (1 bed/Studio-700 sf-$800R); 746 W Coolidge Middle House (2 bed/1b-900 sf-$1500Pro); & 915 W Highland House (3 bed/2 b-1250 sf-$1800R). 17557 sf lot (R3, runs f/ street-to-street). BONUS: 1800 +/- sf workshop attached to middle house. Huge commercial-grade steel carport. 4 big storage units. Many recent upgrades. Potential to add density or split into two lots. Opp Zone. Prime location! .5 m to Melrose District; .8 m to Brophy High School; 1.1 m to Uptown Plaza; & 3+ m to Biltmore. 6.32 cap pro forma w/ very high long-term upside. Under $245/sf-highly competitive.

746 W Coolidge Street, Phoenix

Listing courtesy of Listing Agent: James C Stephens (602-672-3526) from Listing Office: Better Homes & Gardens Real Estate SJ Fowler.
$490,000
7034766 MLS
Fantastic investment opportunity near downtown Phoenix in the Woodland Place District. This duplex offers two 2-bed/1 bath units. Fully rented. Both units offer fully remodeled kitchens with custom cabinetry, quartz countertops, updated stainless appliances and under-cabinet lighting. In-unit stackable washer/dryer. Ceiling fans in all rooms. New fence installed 2026. Centrally located, a block from Government Mall and close to downtown's best restaurants, museums, entertainment & sporting venues, cafes & bars and shops, with easy access to major freeways. Off-street parking at the rear of the unit. No HOA

1331 W Monroe Street, Phoenix

Listing courtesy of Listing Agent: Lisa M Blanzy () from Listing Office: Mark Brower Properties, LLC.

Selling Office: The Brokery.

$499,000
7034647 MLS
Built in 1929, this red brick bungalow-style duplex sits on a ±7,500 sq ft lot in the Coronado Historic District, a lot size that is larger for the neighbrohood. Two private entrances serve the units independently, one off Monte Vista and one off 12th Street, and three dedicated off-street parking spaces add real value in a neighborhood where not all homes have dedicated parking. The charming bungalow exterior is defined by red brick construction with blonde brick accents above every door and window, a two-tone masonry detail that is period-authentic, architecturally coveted, and simply not found in modern construction. The recently restored historic front porches and stoops are quintessential craftsman bungalow: shaded, welcoming, and conversational. A newer full block wall encloses the rear yard for privacy, while a decorative pony wall along the front gives the property a defined, charming street presence without feeling closed off, and increases privacy. Both units have original tongue-and-groove oak hardwood floors, old-growth wood of a density and warmth that isn't made anymore, a brick fireplace with mantle in the living room, and original wood ceiling height cabinetry in the kitchen. Historic windows are in good condition and bring in generous natural light throughout the day. Each kitchen has a gas range, and each unit includes a dedicated laundry room with built-in shelving and washer and dryer conveying, a walk-in closet, and an en suite full bath. The Monte Vista-facing unit has been recently painted, and custom blackout blinds have been installed in the bedroom for optimized sleeping. The historic sewer line has been replaced with ABS, both units run on heat pump systems with gas packs (one unit replaced in 2018, the other, brand new in 2026) and natural gas is hard-piped to an on-site barbecue accessible to tenants. The lot includes a dedicated pet area and a generous yard suited for gardens, landscaping, or potentially a garage or accessory structure (subject to City of Phoenix and Historic District guidelines). Coronado is one of the most walkable and genuinely friendly neighborhoods in the Phoenix metro, the kind of place where people know their neighbors and actually use their front porches. Located about two miles north of Downtown Phoenix, the neighborhood draws people who want to walk to dinner, bike to work, and feel rooted in a real community. The dining scene continues to grow, as well. Dahlia Tapas, Chop Shop, and Sophia's, are all newer neighborhood hot spots, and Ollie Vaughn's, Cielo Rojo, The Coronado PHX, and Guanaquito remain established neighborhood anchors. Coronado Park, with its community pool, tennis, basketball, and softball field, is right on 12th Street and Palm Lane. Safeway and Banner-University Medical Center Phoenix are nearby on McDowell Road, and Roosevelt Row and Valley Metro Light Rail are a bike ride away. Unit 1 (12th Street entrance) is 608 sq ft, one bedroom, one full bath, currently leased month-to-month at $1,350/month. Unit 2 (Monte Vista entrance) is 608 sq ft, one bedroom, one full bath, vacant, recently painted with custom blackout blinds, and available at current market rates of $1,450-$1,550/month. Estimated gross monthly income for the property is approximately $3,000/month.

2202 N 12th Street, Phoenix

Listing courtesy of Listing Agent: Camille Hartmetz (602-743-7369) from Listing Office: Brokers Hub Realty, LLC.

Selling Office: West USA Realty.

$669,000
7034632 MLS
Great investment opportunity with this value add 4 plex consisting of 2 separate buildings on a large lot with a very open and spacious community courtyard perfect for gathering, BBQ's or visiting with your neighbors. All units are 2 bedrooms with 1 bathroom and come with a separate storage/laundry room. Conveniently located for easy commute to Grand Canyon University (2 miles), downtown Phoenix, mid town Phoenix and Steel Indian School Park. Perfect investment opportunity with all tenants on a month-to-month lease ready for updating and rental rate increases.

3849 N 23rd Drive, Phoenix

Listing courtesy of Listing Agent: Jeffery Chesleigh (480-399-3480) from Listing Office: HomeSmart.
$615,000
7034582 MLS
Investment opportunity in the heart of Phoenix. This multi-unit property offers income potential with flexible living arrangements ideal for investors, owner-occupants, or multi-generational living. The property features multiple units with private entrances, functional floor plans, and ample parking. Conveniently located this property provides easy connectivity throughout the Valley. Whether you are looking to expand your rental portfolio, generate supplemental income, or occupy one unit while renting the others, this property presents endless possibilities. Tenants' rights apply, do not disturb tenants.

4429 N 53rd Lane, Phoenix

Listing courtesy of Listing Agent: Kristen Ongstad (602-689-0480) from Listing Office: HomeSmart.
$725,000
7034464 MLS
Beautifully updated 3-unit triplex in the desirable Encanto neighborhood! This income-producing property at 2336 N 11th St offers excellent curb appeal with distinctive white block construction and mature palm trees. All units feature recent renovations including luxury vinyl plank flooring, white shaker cabinets, granite countertops, stainless steel appliances, ceiling fans, and updated bathrooms. Unit A: 3BD/2BA - Leased at $1,395/mo through March 2027 Unit B: 3BD/3BA - Vacant and move-in ready Unit C: 2BD/1BA - Leased at $1,250/mo through August 2026 Strong cash-flow potential with two stable tenants in place. Ideal for investors or multi-generational living. Great location near Coronado Historic District, parks, dining, and easy freeway access. Turnkey opportunity in central P

2336 N 11th Street, Phoenix

Listing courtesy of Listing Agent: Zackarie Mishkin (602-363-6363) from Listing Office: Orion Investment Real Estate.
$945,000
12 Beds ⋅ 8 Baths ⋅ 7034315 MLS
Rare 2004 4-plex consisting of 3 bed 2 bath units. Room for rent increases. Very little competition for 3 bed family sized units in the area. In unit laundry, covered parking for tenants. These apartments command high rents for the area as well as high quality long term tenants. WATER, SEWER, TRASH, LANDSCAPING & COMMON AREA MAINT & ELECTRIC PAID BY HOA!! Active HOA which has been completing value add exterior projects in the community. All exterior maintenance handled by HOA, very low maintenance costs for owner. DRIVE BY ONLY! DO NOT DISTURB TENANTS!

16033 N 25th Street Unit 7, Phoenix

Listing courtesy of Listing Agent: Joshua Wedel (602-882-5042) from Listing Office: Keller Williams Realty Phoenix.
$450,000
7033861 MLS
OWNER WANTS TO CARRY ON THIS ONE!!! 20% DOWN!!! DON'T DISTURB TENANTS!! GREAT CONDITION PROPERTY!! FULLY LEASED!! EACH UNIT HAS IT'S OWN ELECTRIC METER!!! INSIDE WASHER AND DRYER IN EACH UNIT!! ONE UNIT WAS JUST REMODELED, THE OTHER TWO RENOVATED IN 2017!!! ROOF IS 10 YEARS OLD! CARPORT PARKING WITH STORAGE AND GUEST PARKING!!!THESE DON'T COME UP OFTEN!!!

1413 E Cheryl Drive, Phoenix

Listing courtesy of Listing Agent: Mary DeSimone (602-369-6902) from Listing Office: Realty Executives Arizona Territory.

Selling Office: Non-MLS Office.

$959,000
7033472 MLS
Exceptional investment opportunity in the heart of Central Phoenix featuring six garden-style apartment units with an unbeatable location offering quick access to Downtown Phoenix, Arcadia, the SR-51, and Old Town Scottsdale. This well-positioned property consists of two spacious 3-bedroom/1-bath units, two 2-bedroom/1-bath units, and two studio apartments, providing a diverse unit mix ideal for attracting a wide range of tenants. Several units have been fully renovated with stylish finishes, while others have been thoughtfully updated and still offer additional value-add potential for future improvements and increased rents. Each unit offers a comfortable layout with charming garden-style appeal, creating a welcoming atmosphere for residents. Located near some of Phoenix's most Located near some of Phoenix's most popular dining, shopping, entertainment, and employment hubs, this property presents a rare opportunity for both seasoned investors and owner-users seeking strong upside potential in one of the Valley's most desirable rental corridors.

1812 N 31st Place, Phoenix

Listing courtesy of Listing Agent: Carrie Lehrman (480-338-9641) from Listing Office: SRL Group.

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.

board logo

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®,