4 Units, Garden-Style Property, Built-in 1983. All One-Bedroom / One-Bathroom Units. Individual Storage Units Plus Owner Storage. Value-Add Opportunity Through Interior & Exterior Renovations. Located in the Popular Garfield Historic District, Minutes From Downtown Phoenix. Individually Metered for Electricity.
- Favorable Seller Financing Available! McKinley apartments is a 10-unit multifamily opportunity located in the East Side Submarket of Phoenix, Arizona. Originally built in 1964 and updated under current and prior ownership, this asset is strategically positioned near the Phoenix Sky Harbor International Airport. Supporting this location are several economic drivers including education, leisure and hospitality, and financial services. The roof is in like-new condition, the entire exterior has been refinished, and interiors have received updates to accommodate the current tenant base. Additionally, the property has a strong rapport with HOM Inc, providing strong rents and hands-off marketing.
**Fully Renovated Historic Duplex - Prime Investment Opportunity** Discover the perfect blend of historic charm and modern convenience with this turn-key duplex in a coveted historic district, just minutes from downtown. Each unit features 1 bedroom, 1 bath, and a versatile den, recently renovated for contemporary elegance. With rental rates between $1,500 and $1,850 per unit, this property offers excellent income potential for house hacking or various rental strategies. Located near downtown attractions, including stadiums, concert venues, restaurants, and bars, it's highly desirable for renters. Don't miss this rare opportunity to own a modernized property with strong investment potential.
6-unit, Garden-Style Property, Built-in 1946, 1956, & 1980, Renovated in 2019.(3) 1-Bed / 1-Bath Units, (2) 2-Bed / 1-Bath Units, & (1) 2-Bed / 1.5-Bath Unit Which Includes One Small Office Space / Study Room / Child's Room (Fits One Twin Bed, Child's Crib, or Office Desk).The Units Are Completely Modernized With New Flooring, Cabinets, Countertops, & White Appliances. All Roofs Were Replaced in 2019.Located in the Popular Garfield Historic Neighborhood, Close Proximity to Numerous Dining & Entertainment Options in Downtown Phoenix. Less Than a 10-minute Drive to Phoenix Sky Harbor International Airport. The Property Is Zoned R-4 & Is on Over Half an Acre
🏠🏠🏠 Triplex in highly sought after Coronado Historic district‼️ Completely renovated cash cow property! Main house beautifully renovated 3 bedrooms 1 bathrooms. Bright and open floorplan, with modern floors, upgraded cabinets in kitchen and bathrooms, marble backsplash in the kitchen. Behind the main house you have a 2 bed 1 bath unit and a stand alone 1 bedroom 1 bath unit. Each unit has its own entrance and yard access. Plenty of parking as the property has extended drive ways on both sides and 2 RV Gates with a large back yard. Minutes away hospitals, restaurants and shopping.Ideal for short term rentals, air bnb, traveling nurses and doctors. Be the first to get it, won't last!!Seller willing to offer concessions to assist with buyer's closing cost.
GREAT 4PLEX OPPORTUNITY IN CENTRAL DOWNTOWN PHOENIX AREA! 2 SINGLE FAMILY DETACHED HOMES & ONE DUPLEX. FRONT HOUSE- OWNER OCCUPIED, 2 BEDROOMS 1 BATH PLUS ONE DEN, HAS BEEN RENOVATED WITHIN THE LAST 3 YEARS, UPDATES INCLUDE PAINT IN/OUT, FLOORING AND BASEBOARDS, KITCHEN CABINETS, DOORS, WINDOWS, CEILING LIGHT FIXTURES, BATH. GAS WATER HEATER 1 YEAR OLD. SECOND HOUSE 1 BEDROOM 1 BATH ALSO RENOVATED SAME TIME WITH SEVERAL UPDATES. 2 YEARS OLD ELECTRIC WATER HEATER. DUPLEX- EACH UNIT BOASTS 2 BEDROOMS 1 BATH, VERY SPACIOUS, HAS HAD SOME UPDATES AS WELL. A/C UNIT IS ONLY 6 YEARS OLD. PAINT IS BEING CURRENTLY FINISHED UP. ALL UNITS HAVE 8 YEARS OLD ROOF. STREET PARKING AND RV GATE, 2 SPOTS PER UNIT AT LEAST. GREAT POTENTIAL FOR FAMILY RESIDENCE AND CASHFLOW OR INVESTORS OPPORTUNITY
Excellent investment property. Low maintenance desertscape too! Great cash flow ! Good location. Close to L-Rail too! Please do not walk the property or disturb tenants as they are unaware of the sale. Buyer to verify measurements, zoning, financials & any item of concern prior to close of escrow.
Fully occupied Duplex, each at $1,407/mo Expires March/July 2025. 2bed 1 bath units. Well maintained and updated including kitchen & baths, newer Roof, HVAC, Water heater. Master metered for utilities, tenants pay. Includes refrigerators, washer/dryer, and ranges.
Nicely upgraded triplex near Phoenix Children's Hospital off of 16th/Thomas in the 850006 zip. Near the Coronado & Garfield districts. Operating at a 7+ CAP with strong rents in place. Unit 1 is $1688; Unit 2 $1388; & Unit 3 $1388. All three interiors have been fully upgraded with newer kitchens/bathrooms. The front 2 bedroom/1 bath house is 916 sf & the most upgraded overall. The back duplex has a 1 bedroom lower, & a studio unit upper. Well-operated by local ownership in a very strong Midtown Phoenix neighborhood. The units have separate tenant-paid electric & gas. The front house has a roof mounted HVAC, while the back duplex has evaporative cooling with window ac units. Also available by the same ownership on the same block is 1825 E Harvard (6715612). Buy one or both.
Fully remodeled triplex in the sought-after Coronado Historic District of Midtown Phoenix. Close to Phoenix Children's Hospital & Phoenix Country Club. Tastefully upgraded recently with high-quality finishes. The units include SS appliances with dishwashers & stacked washer/dryer packages. Coveted unit mix of all 2 bedroom units (800 sf +/-) with separate electric. Rents are $1500-$1600/unit. Highly-stabilized with strong leases in place. Professionally managed. Just a 1/2 block to a new construction $1.1 mil house for sale. Offered individually or buy as a combination. Also available on the same block is 1501; 1505; 1509; 1521 (W); & 1521 (E) E. Oak. All triplexes have similar finishes/upgrades. CAP rates range from 5.99 to 6.28.
Fully remodeled triplex in the sought-after Coronado Historic District of Midtown Phoenix. Close to Phoenix Children's Hospital & Phoenix Country Club. Tastefully upgraded recently with high-quality finishes. The units include SS appliances with dishwashers & stacked washer/dryer packages. Coveted unit mix of all 2 bedroom units (800 sf +/-) with separate electric. Rents are $1500-$1600/unit. Highly-stabilized with strong leases in place. Professionally managed. Just a 1/2 block to a new construction $1.1 mil house for sale. Offered individually or buy as a combination. Also available on the same block is 1501; 1505; 1509; 1521 (W); & 1527 E. Oak. All triplexes have similar finishes/upgrades. CAP rates range from 5.99 to 6.28.
Fully remodeled triplex in the sought-after Coronado Historic District of Midtown Phoenix. Close to Phoenix Children's Hospital & Phoenix Country Club. Tastefully upgraded recently with high-quality finishes. The units include SS appliances with dishwashers & stacked washer/dryer packages. Coveted unit mix of all 2 bedroom units (800 sf +/-) with separate electric. Rents are $1500-$1600/unit. Highly-stabilized with strong leases in place. Professionally managed. Just a 1/2 block to a new construction $1.1 mil house for sale. Offered individually or buy as a combination. Also available on the same block is 1501; 1505; 1521 (E); 1521 (W); & 1527 E. Oak. All triplexes have similar finishes/upgrades. CAP rates range from 5.99 to 6.28.
Fully remodeled triplex in the sought-after Coronado Historic District of Midtown Phoenix. Close to Phoenix Children's Hospital & Phoenix Country Club. Tastefully upgraded recently with high-quality finishes. The units include SS appliances with dishwashers & stacked washer/dryer packages. Coveted unit mix of all 2 bedroom units (800 sf +/-) with separate electric. Rents are $1500-$1600/unit. Highly-stabilized with strong leases in place. Professionally managed. Just a 1/2 block to a new construction $1.1 mil house for sale. Offered individually or buy as a combination. Also available on the same block is 1501; 1509; 1521 (E); 1521 (W); & 1527 E. Oak. All triplexes have similar finishes/upgrades. CAP rates range from 5.99 to 6.28.
This gorgeous 4-plex within the Historical Coronado district is an investor's dream. Amazing tenants in place, two have been in the home for over 5 years. With no maintenance common space and each unit with its own outdoor space, everyone wins! Paved patios or large yards all with shade sails. Keeping it all tasteful and simple with recessed lighting in two units and porcelain tile in all, this is the whole deal. All units are furnished with washer and dryer, refrigerator and oven/stove. 8 parking spots on the lot. Easy walking to all the best coffee, restaurants and shops making rentability top-notch. With the ideal location and distinguished tenants in place, this 4-plex is just what investors need in their portfolio.
Here is a fantastic opportunity to own income producing property in the highly desired Garfield Historic district, in the heart of downtown Phoenix. This impeccably maintained property is an ideal location, close to the university, parks, museums, restaurants and easy access to I-10. The three enchanting1 bedroom and 1 bath homes have all been updated while maintaining their original charm. Some of the original moldings, hardwood floors, and built ins have been preserved. All units have washer and dryer. Unit three has off-street parking. Easy landscaping maintenance. Units share large backyard. There is very low vacancy with these units! Opportunity exists to increase rents on a couple of the units to provide an even greater cap rate.
Fully stabilized & 100% occupied at a 7 CAP. Completely renovated from A-Z with strong cash flow. This charming four-unit community offers more bang for the buck. Ideally situated in the 85006 zip near Phoenix Children's Hospital & the Coronado & Garfield districts. The unit mix consists of a single-family home with 831sf that has 2 bed/2 baths, built in 1930, & a triplex built in 1958. The triplex has one 2 bed/1 bath unit that is 787sf, along with two 1 bed/1 bath units that are each 656sf. Total of 2930sf or $322/sf. Rents/extras are #1 $1868; #2 $1543; #3 $1431; & #4 $1723. Huge 12,441 sf lot. Excellent curb appeal & ample parking. Fully renovated, fully stabilized. Pride of ownership throughout.
ATENTION AVAILABLE TO SEE IT ON FRIDAY !!! HUGE DUPLEX UNDER CONSTRUCTION! Don't miss out - secure this property before completion! Projected completion in a couple of weeks!! • Total Living Area: 3976 sq ft (1988 sq ft per unit) these are HUGE ! • ALL-Master Bedrooms: 4 per unit, 1 downstairs/3 upstairs (total 8 bedrooms), • Bathrooms: 4 per unit upstairs (total 8 bathrooms) • Plus 1 half bathroom downstairs in each unit (total 2 half baths) • Laundry: 2 per unit - 1 upstairs/1 downstairs (total 4 laundry areas) • Plus, office area upstairs on both units • Car garage: 2 per unit (total 4 car garages)! Perfect for spacious living or investment. Ideal for Airbnb, multiple roommates, or families, this duplex promises significant returns. Don't miss out on this incredible opportunity!
Excellent Investment Opportunity located in he popular Garfield Historic District. Single Family Home And Duplex. Main house in front and two units in rear. Completely restored and renovated. Newer A/C in all units , Updated Roof. Each unit has its own washer/dryer. Separate electric meters. All have Private patios.
Investment Opportunity in Prime Location! Discover this remarkable 4-plex multi-family property nestled in the heart of the highly sought-after Garfield District in Phoenix, Arizona. With all units fully occupied by tenants, this property offers immediate rental income and a promising return on investment. Property Highlights: 100% Tenant Occupied: All four units are currently leased, providing a steady stream of rental income from day one. Desirable Location: Located in the vibrant and historic Garfield District, this property is surrounded by an array of amenities including restaurants, shops, parks, and entertainment options. Maintained Units- Functional Layouts. Strong Rental Demand: The Garfield District is known for its charm and convenience, attracting a consistent pool of potential tenants. Potential for Growth: Explore opportunities for increasing rental income or future appreciation as the area continues to develop. Don't miss out on this exceptional opportunity to invest in a thriving neighborhood. Whether you're a seasoned investor or looking to expand your portfolio, this 4-plex property in the Garfield District is a must-see.
Total Gut and Remodel Unit Mix one 3 bedroom 2 bath, two 2 bedroom 1 bath and one 1 bedroom one bath New Plumbing New Electric New Flooring New Roof and Joists New Air Conditioning New Exterior Stucco and Modern Paint New Concrete Walk Ways New Parking New Dual Pane Windows New Interior and Exterior Doors New Ceiling fans in Living Room and ALL Bedrooms New Landscaping New Cabinets New Bathrooms New Stainless Appliances New Quartz Countertops The Certificate of Occupancy should be delivered around the end of May. All permits will be closed at COE. Buyer should read the additional information here. Buyer to verify all facts and figures. <á **Investment Opportunity: Prime Real Estate with High Potential** Introducing a lucrative investment opportunity in the heart of Garfield District, presenting a meticulously renovated 4-unit property poised to deliver exceptional returns. Situated in a highly sought-after area, this property is strategically positioned near hospitals, ensuring a steady flow of potential tenants seeking convenient accommodation. With a Certificate of Occupancy expected by the end of May, this property shows an rental income upon acquisition. **Property Overview:** - **Unit Mix**: - 1 x 3 Bedroom, 2 Bath - 2 x 2 Bedroom, 1 Bath - 1 x 1 Bedroom, 1 Bath - **Complete Renovation**: Total gut and remodel, ensuring a modern and attractive living space. - **Key Improvements**: - New Plumbing, Electric, and Roof with Reinforced Joists - New Flooring, Air Conditioning, and Exterior Stucco - New Concrete Walkways and Parking Spaces for Tenant Convenience - New Dual Pane Windows and Exterior Doors for Energy Efficiency and Security - New Ceiling Fans in Living Room and ALL Bedrooms for Comfort - New Landscaping for Enhanced Curb Appeal - New Cabinets, Bathrooms, and Stainless Appliances for Modern Living - New Quartz Countertops for a Sleek Finish **Investment Highlights:** 1. **High Demand Location**: Proximity to hospitals ensures a consistent pool of potential tenants, including healthcare professionals and staff. 2. **Turnkey Investment**: With permits closed and a comprehensive renovation nearing completion, investors can expect immediate rental income without the hassle of further improvements. 3. **Diverse Unit Mix**: Catering to various tenant preferences, including families, professionals, and individuals, maximizing occupancy rates and rental income potential. 4. **Quality Craftsmanship**: Renovation carried out with meticulous attention to detail and quality materials, ensuring durability and tenant satisfaction. 5. **Attractive Amenities**: Modern amenities such as ceiling fans, stainless appliances, and quartz countertops offer tenants a comfortable and stylish living experience. 6. **Strong Rental Market**: [Location] boasts a robust rental market, offering stability and potential for long-term capital appreciation. **Investment Strategy:** - **Immediate Income Generation**: Start earning rental income as soon as the Certificate of Occupancy is issued, maximizing return on investment. - **Long-Term Appreciation**: Capitalize on the property's potential for appreciation in value, driven by its prime location and high-quality renovations. - **Tenant Retention**: Provide exceptional living standards to attract and retain quality tenants, ensuring consistent cash flow and minimal vacancy rates. Don't miss out on this exceptional opportunity to invest in a newly renovated property with immense income potential.
Perfectly situated! This superb triplex in Phoenix is now available! Units #1 & #2 boast 2 beds & 1 bath each, while unit #3 offers 3 beds & 2 baths. Fully renovated, each unit features a private covered back patio and front turf area. Enjoy the convenience washer/dryer setups for each unit. Inside, revel in the new luxury vinyl wood-look floors, a serene color scheme, and recessed lighting. The kitchens dazzle with white shaker cabinets, stainless steel appliances, quartz counters, and chic tile backsplashes. Bedrooms are generously sized with ample closet space and natural light. Take advantage of financing options like a conventional loan with only 5% down. Perfect opportunity to occupy 1 unit and rent out the other two, when using our preferred lender. Don't miss this one!
Pics are of the front unit, back unit is the exact same floorplan - just reversed. Property sold in as-is condition. Front unit is vacant and able to view. Long term tenant in the back unit is on a month-to-month lease. Currently under market rents. 2 parking spaces per unit.
The median home value in Phoenix, AZ is $248,600. This is lower than the county median home value of $272,900. The national median home value is $219,700. The average price of homes sold in Phoenix, AZ is $248,600. Approximately 47.8% of Phoenix homes are owned, compared to 41.63% rented, while 10.58% are vacant. Phoenix real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Phoenix real estate agent to arrange a tour today!
Phoenix, Arizona 85006 has a population of 1,574,421. Phoenix 85006 is less family-centric than the surrounding county with 31.53% of the households containing married families with children. The county average for households married with children is 31.95%.
The median household income in Phoenix, Arizona 85006 is $52,080. The median household income for the surrounding county is $58,580 compared to the national median of $57,652. The median age of people living in Phoenix 85006 is 33.3 years.
The average high temperature in July is 104.7 degrees, with an average low temperature in January of 44.2 degrees. The average rainfall is approximately 9.5 inches per year, with 0 inches of snow per year.