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$949,000
7022517 MLS
Very charming and quiet mid-century apartment community in midtown Phoenix situated just north of the Phoenix country club features a garden style four-unit building and a beautiful two-bedroom home (separate listing) surrounding a lush green community courtyard! The apartment units have been meticulously upgraded with beautiful flooring, tiling, paint, appliances, ceiling fans and lighting. An array of improvements and enhancements on this stunning property have created an environment where tenants typically remain for a long time! Ideal set-up for someone who wants to reside in the mid-century home while renting the units out. Or perfect AirBnB! This one's truly a gem in a fantastic location near light rail, Biltmore and downtown!

3515 N 12th Street, Phoenix

Listing courtesy of Listing Agent: Stephen R Rouse (602-930-9393) from Listing Office: DPR Realty LLC.

$749,000
7022329 MLS
Experience modern living in this innovative 2024 duplex, crafted from high-quality shipping containers. This home is currently a short-term rental. Income docs are available. Its sleek industrial charm merges with contemporary aesthetics, boasting 3 bedrooms, 2.5 bathrooms, and 1442 sq ft per unit. Enjoy engineered wood floors, fully spray-insulated walls, and a spacious layout spread over two stories. The open-plan first floor seamlessly integrates the living area and kitchen, while upstairs, three generously sized bedrooms and two bathrooms are flooded with natural light. Outside, landscaped grounds offer ample space for Arizona outdoor living. This eco-friendly property pioneers sustainable design, offering a unique opportunity to embrace the future of residential living.

9624 N 16th Avenue, Phoenix

Listing courtesy of Listing Agent: Liisa L. Sharp (480-600-8358) from Listing Office: LRA Real Estate Group, LLC.

$974,999
7020709 MLS
Huge opportunity to own a 4-plex investment property in a prime location! Situated in the rapidly growing and highly desirable central Phoenix area near the Downtown, Midtown, and Encanto Corridors, this is an exceptional opportunity for long-term wealth creation and strong rental demand. With no HOA fees, operating costs stay lower and returns stronger. The property features four well-maintained units, each offering 974 sq ft with 2 bedrooms and 2 bathrooms. One unit has been recently remodeled, with another currently undergoing renovations. Two units are currently leased below market rents, while two units are vacant during the remodel process, creating immediate upside potential. Strong value-add opportunity with projected rents of $1,450-$1,700 per month based on nearby comparable properties. Centrally located property just minutes from downtown phoenix with convenient freeway access and strong rental potential. Situated in an established neighborhood with a mix of resident and investment properties.

3422 N 12th Place, Phoenix

Listing courtesy of Listing Agent: Sarah Triana (623-826-0980) from Listing Office: Howe Realty.

$860,000
7020560 MLS
2923 N 38th St is a fully renovated fourplex in Phoenix's highly desirable 85018 zip code near Arcadia Lite and the Camelback Corridor. This turnkey multifamily investment features updated units with modern kitchens, upgraded bathrooms, new flooring, and in-unit washer and dryer. Stabilized with strong rental income and long-term tenants, the property offers immediate cash flow. Ideal for investors or owner-occupants, this 4-unit property qualifies for residential financing. Located near top dining, shopping, and major employers including Phoenix Children's Hospital and Banner - University Medical Center Phoenix. Rare opportunity in a high-demand Phoenix rental market.

2919 N 38th Street, Phoenix

Listing courtesy of Listing Agent: Cody Leslie (505-980-3726) from Listing Office: Orion Investment Real Estate.

$835,000
7020424 MLS
Exceptional investment opportunity in the heart of Central Phoenix. Ideally situated near the Biltmore Area and Downtown Phoenix, this gated triplex offers strong in-place income with zero vacancy and modernized interiors throughout. The property features two 1 bed / 1 bath units and one 2 bed / 1 bath unit, all thoughtfully updated while maintaining a touch of mid-century character. Tenants enjoy a private, lushly landscaped courtyard, along with semi private patios for each unit, creating a unique community-oriented living environment. Additional highlights include covered parking for three vehicles plus 3 uncovered spaces, multiple storage areas, and a shared laundry room with washer and dryer included. Each unit is separately metered for gas and electric and equipped with its own separately metered for gas and electric and equipped with its own HVAC system and water heater, minimizing owner expenses and simplifying management. Ideal for investors seeking stable cash flow, with future flexibility. Potential owner-occupant opportunity available as early as July. These opportunities do not come up often!

4514 N 14th Place, Phoenix

Listing courtesy of Listing Agent: William R Nager (480-227-1527) from Listing Office: My Home Group Real Estate.

$605,000
6 Beds 4 Baths 7020368 MLS
Well-located 4-plex just minutes from Grand Canyon University presents a strong opportunity for investors seeking consistent income and long-term growth. Its proximity to a major university creates steady rental demand, making it ideal for student housing or long-term tenants. The property offers reliable cash flow with solid income potential, along with the advantage of being in a high-demand rental area. Convenient access to shopping, dining, and major freeways further enhances its appeal to tenants. Whether you are expanding your portfolio or looking for a dependable income-producing asset, this 4-plex is a valuable addition with both immediate returns and future appreciation potential.

5820 N 35th Avenue, Phoenix

Listing courtesy of Listing Agent: Omar Vasquez (602-463-3955) from Listing Office: A.Z. & Associates.

$467,000
4 Beds 2 Baths 7018588 MLS
Central Phoenix value-add opportunity featuring two separate structures, each offering 2 bedrooms and 1 bathroom. This property provides flexibility for an investor, owner-occupant, or buyer looking to renovate and maximize its potential. With two detached living spaces, the layout is well suited for rental income, multigenerational living, guest quarters, or a future redevelopment vision, subject to buyer verification and local zoning requirements. Located in the heart of Phoenix, the property offers convenient access to dining, shopping, major freeways, downtown Phoenix, and surrounding employment corridors. A rare opportunity to add value in a highly accessible central location.

1212 E Taylor Street, Phoenix

Listing courtesy of Listing Agent: Danny Kallay (480-694-8571) from Listing Office: Compass.

$739,000
4 Beds 2 Baths 7017676 MLS
**Rare Dual-Residence Property | Two Private 2BR Homes | Fenced Yards | No HOA** One property, endless possibilities. Set on an oversized corner lot in one of Central Phoenix's most established neighborhoods, this beautifully maintained dual-residence property offers a rare combination of privacy, flexibility, and long-term value. Each of the two thoughtfully designed 2-bedroom, 1-bath residences enjoys its own private entrance, fully fenced yard, and outdoor living space, creating an experience that feels remarkably independent while offering the convenience of one property. Whether you're bringing generations together while preserving personal space, creating the ultimate work-from-home environment, or living in one residence while offsetting costs with the other.. this is the one!! Step inside the gates and discover mature shade trees, lush landscaping, and inviting outdoor spaces that create a peaceful atmosphere rarely associated with such a central location. It's a home best experienced in person, where the thoughtful layout and surprising sense of peaceful privacy immediately set it apart. Plenty of private, covered off-street parking adds to the value of this special property. For investors, the appeal is equally compelling. Rather than a traditional apartment-style duplex, this unique property offers two residences with the privacy and outdoor space today's long-term or short-term tenants increasingly value. The result is a property positioned to appeal to both owner-occupants and renters seeking the comfort and feel of a home. Located just minutes from the Melrose District, Uptown Phoenix, Downtown, top-rated restaurants, shopping, and major employment centers, you'll enjoy exceptional convenience without sacrificing the character of an established neighborhood. Properties offering this level of flexibility are increasingly uncommon. Whether your vision is multi-generational living, supplemental rental income, a private home office, or a long-term investment with multiple paths forward, 548 & 550 W. San Juan Avenue delivers an opportunity unlike anything else on the market.

548 & 550 W San Juan Avenue, Phoenix

Listing courtesy of Listing Agent: Brad Kimmelman (480-788-1321) from Listing Office: Russ Lyon Sotheby's International Realty.

$412,000
7015927 MLS
This is your chance to own a renovated, well maintained duplex in the North Mountain area of Phoenix featuring two fully upgraded 2 bedroom, 1 bathroom units, each with private yards, laundry, and mountain views. Live in one unit and rent out the other. Both units offer spacious layouts with newer kitchens and baths, in-unit laundry rooms with washer dryer, ample storage, private gated yards, and off-street parking. Recent upgrades include a new roof (2023), updated flooring, dual pane windows, quartz countertops, plumbing, electrical, and newer central AC with ducting. Large lot with alley access offers potential for additional parking or future ADU. Close to hiking trails, dining, & new development. One unit delivered vacant. Occupied back unit back unit rented at $1308.

10839 N 15th Avenue N, Phoenix

Listing courtesy of Listing Agent: Ginger J Orsi (213-565-8060) from Listing Office: Better Homes & Gardens Real Estate SJ Fowler.

Selling Office: Coldwell Banker Realty.

$670,000
7014500 MLS
Stunning Fully Permitted Historic Duplex in the Heart of the Garfield District just a short walk to the Roosevelt Arts District . Also has ACOD overlay for a small business like Restaurant, Bar, hair salon, art studio. Front house (921) is a 2 bedroom 2 bath brick dollhouse . The home has been completely rebuilt with all new systems and finishes so you can enjoy the charm and warmth of a 1920s cottage with the comfort and convenience of a new home. . 10ft vaulted ceilings , exposed whitewashed interior walls, primary with ensuite bath and walk in closet , Laundry room and large front porch with private off street parking . The rear house (923) is a brand new 2 bedroom home with its own private yard and 2 car parking with 9ft ceilings, beautiful finishes and own alley access if preferred.

921 E Roosevelt Street, Phoenix

Listing courtesy of Listing Agent: Craig A Young (480-773-2183) from Listing Office: Real Broker.

Selling Office: RE/MAX Premier.

$600,000
6 Beds 3 Baths 7014247 MLS
DO NOT DISTURB TENANTS!!! 48HR MIN NOTICE. LANDLORDS HAVE CONTINUOUSLY IMPROVED THE PROPERTY SINCE THEY'VE OWNED THEM. ASK FOR A LIST OF UPDATES. PERFECT FOR OWNER OCCUPANCY ON ONE AND RENT THE OTHER 2; AS THE LEASES ARE EXPIRING IN JUNE. PLEASE NOTE THAT THE TENANTS WOULD LOVE TO EXTEND THEIR LEASE AS THEY HAVE BEEN LOYAL RENTERS. THESE ARE 2 SEPARATE BUILDINGS. THE FRONT BUILDING IS A STAND ALONE UNIT AND A LITTLE LARGER. THE REAR BUILDING HAS 2 ATTACHED UNITS. EACH OF THE 3 UNITS HAS 2 BEDROOMS & 1 BATH ALONG WITH A COVERED PARKING SPOT, STORAGE/LAUNDRY ROOM & A GENEROUS SIZED BACK YARD. THESE BUILDINGS ARE SOLID SLUMP BLOCK BUILT THAT ARE IN GREAT CONDITION THAT CAN CONTINUE TO STAND THE ARIZONA HEAT WITH PROPER CARE & MAINTENANCE FOR A LONG LONG TIME!

1615 W Desert Cove Avenue, Phoenix

Listing courtesy of Listing Agent: Ulises Morales Sandoval (602-501-5001) from Listing Office: Coldwell Banker Realty.

$759,000
7014168 MLS
Fully renovated 3-unit apartment community located in the desirable East Phoenix Submarket. Originally built in 1961, the property has undergone comprehensive interior + exterior upgrades, positioning it as a turnkey investment in a strong rental submarket. Interior upgrades include in-unit GE washer/dryer, quartz countertops, laminate wood-style flooring, brand-new shaker-style cabinetry, and walk-in tile showers. Exterior improvements include fresh paint, new asphalt, updated landscaping, and the addition of perimeter fencing and turf, enhancing curb appeal and while minimizing future capital needs. Each unit is currently fully vacant, providing a great opportunity for either an owner-occupant or investor to immediately implement a tailored leasing strategy. Owner/Agent

3020 E Yale Street, Phoenix

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

$900,000
7013792 MLS
FULLY REMODELED UNITS! This multi-family property presents a strong, turnkey investment opportunity with immediate and reliable cash flow. The asset consists of four units, including two 2 bedroom 2 bath units and two 1 bedroom 1 bath units, offering a desirable unit mix that attracts a broad tenant base. Each unit has been thoughtfully upgraded with modern finishes, minimizing near term capital expenditures and reducing ongoing maintenance concerns. The 2 bedroom units average approximately 850 square feet, while the 1 bedroom units offer around 700 square feet, providing efficient and highly rentable layouts. The property delivers excellent income performance, with all units renting at 1,200 per month, creating consistent and predictable revenue. This makes it an ideal opportunity investors seeking stable cash flow, strong rental demand, and a low maintenance asset. With its combination of renovations, solid in place rents, and appealing unit mix, this property is well positioned for long term appreciation and continued income growth.

2925 N 38th Street, Phoenix

Listing courtesy of Listing Agent: Heather Openshaw (480-462-5939) from Listing Office: Keller Williams Integrity First.

$605,000
7013635 MLS
This fully renovated 2022 property delivers the kind of flexibility buyers are searching for in central Phoenix. The property includes a 3 bed / 1 bath main home plus a detached 2 bed / 2 bath guest house, creating endless possibilities. Live in the main home while generating income from the guest house, host extended family with privacy or create the ultimate work-from-home setup. The detached layout makes this property ideal for house hacking, generational living, or investment use. Located in a rapidly evolving pocket of Phoenix close to dining, shopping, and major corridors, this is a rare opportunity to own a move-in ready property with built-in income potential.

1005 E Mariposa Street, Phoenix

Listing courtesy of Listing Agent: Steve Valentine () from Listing Office: Real Broker.

Selling Office: HomeSmart.

$537,000
7011513 MLS
Calling all investors! Incredible opportunity to own a fourplex in the heart of Phoenix with major upside potential. This property offers a strong value-add opportunity for the right buyer ready to complete renovations and maximize income. Unit 1 has been fully demoed and is ready for renovation, offering a blank slate to create a turnkey 3-bedroom, 2-bath unit with in-unit laundry. Units 3 and 4 have been partially remodeled and are awaiting completion. Both units are 1-bedroom, 1-bath layouts. Units 1, 3, and 4 are currently vacant. Unit 2 is tenant occupied at this time, though the tenant is expected to vacate. Whether you're looking to renovate and hold, reposition for stronger rents, or add to your investment portfolio, this fourplex presents a rare opportunity in a desirable central Phoenix location.

2301 E Harvard Street Unit 4, Phoenix

Listing courtesy of Listing Agent: Andrea D Garcia (602-733-2278) from Listing Office: Keller Williams Realty Sonoran Living.

Selling Office: Non-MLS Office.

$449,900
7009053 MLS
Experience the perfect blend of historic character and urban convenience with this well-maintained duplex located in the highly sought-after Coronado Historic District. This property offers a unique opportunity to own a piece of Phoenix history while benefiting from a stabilized asset. Both units feature one-bedroom, one-bathroom layouts with charming interiors, dining areas, hardwood flooring, and classic architectural details like arched entryways. The functional kitchens are equipped with essential appliances, and ample built-in shelving, offering direct access to dedicated outdoor living spaces. Each unit includes a private, fenced-in courtyard, providing a secluded retreat to enjoy the Arizona weather. Low maintenance desert landscaping and communal laundry facilities. Add to the appeal of this prime location, situated just minutes from the vibrant dining, arts, and entertainment of Downtown Phoenix. This duplex is ideal for an investor looking for a turnkey property in this high-demand micro-market or an owner-occupant wanting to live in one unit while utilizing the other for additional flexibility.

1110 E Coronado Road, Phoenix

Listing courtesy of Listing Agent: Phillip Mills (480-862-6307) from Listing Office: AZ Flat Fee.

Selling Office: LOVE PHX.

$2,875,000
7007952 MLS
314 West Roosevelt Street is a 12-unit apartment community on a rare half-acre double lot that offers expansion potential under DTC-S-ROO zoning. Situated in the heart of Roosevelt Row and located within Phoenix's first-ever historic district, this is one of the earliest apartment buildings in Phoenix. Built in 1913 and fully modernized in the mid-1990s (all new; plumbing/sewer, electrical, roof trusses & structural improvements) full blueprints are available. The property features (12) 1-Bed / 1-Bath units (~650 SF Avg), on-site laundry, ample parking, and a community terrace. Residents are sure to appreciate being in Downtown Phoenix's premier arts, dining, and culture corridor. The property provides immediate access to the light-rail & I-10. Drive By Only, Do Not Disturb Tenants!

314 W Roosevelt Street, Phoenix

Listing courtesy of Listing Agent: Carson P Griesemer (602-714-1370) from Listing Office: ABI Multifamily.

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