Phoenix AZ Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1948
Baths:
MLS#:
6796685

ADDITIONAL INFORMATION

Investors...looking to add an updated duplex to your portfolio? Look no further. 2 bedroom, 1 bath units remodeled and rent ready. New kitchen cabinets with granite countertops and stainless steel appliances. LVP flooring throughout. New lighting throughout. Each unit has laundry room with W&D hook ups. Car ports & storage area for each unit. Dual pane windows. Projected close to 8% cap rate.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1986
Baths:
MLS#:
6786871

ADDITIONAL INFORMATION

Camelback Gardens Is A Fully Upgraded Gated Community With 26 Condo Mapped Apartment Homes. All Units Fully Updated with Premium Finishes Including Laminate Floors, Shaker Cabinets, Granite Countertops, Stainless Steel Appliances, Recessed Lighting, Modern Bathroom Vanities, Subway Tiled Shower Surrounds, Updated Ceiling Fans and Lighting Fixtures. All Units Have a Private Washer & Dryer. Located in an opportunity zone this complex features 10 single level 2 bed 2 bath units with 1118 sq ft and 16 two story units with 2 bed 1.5 baths with 1225 sq ft. The complex features a swimming pool in the center and is conveniently located to downtown, I-17 and the light rail. Camelback Gardens is 100% occupied.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1984
Baths:
MLS#:
6785650

ADDITIONAL INFORMATION

Exceptional investment opportunity of three untis in a well-maintained complex. Conveniently located near downtown and freeways, offering significant potential for growth.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1963
Baths:
MLS#:
6779150

ADDITIONAL INFORMATION

Income-Generating Triplex Near Grand Canyon University & I-17 Freeway - 8.16% Cap Rate with Value-Add Potential. This centrally located triplex is a prime opportunity for savvy investors or first-time homebuyers seeking a property with strong income potential and room for growth. Featuring three 2-bedroom, 1-bathroom units, each equipped with private patios, this property offers desirable living spaces for tenants. Currently, each unit is rented at $1,200 per month, producing an annual income of $43,200 and a solid 8.16% cap rate. However, there's additional value to be unlocked as current rents are below market value, allowing for potential increased returns. Located just minutes from Grand Canyon University and with easy access to the I-17.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
2019
Baths:
MLS#:
6765252

ADDITIONAL INFORMATION

Welcome to this great investment opportunity in the heart of Phoenix! This Duplex has a unique curb appeal. The main house boasts a North/East facing balcony, as well as West facing balcony, both with white columns, you have a 360-degree view. Open floor plan, four bedrooms and three and half bathrooms. The main house was built in 2019 and can easily rent for $2700/mo. The back unit was built in 1946, it's a three-bedroom, one-bathroom unit and can easily rent for $1,700/mo. Making it a $4,400/month income producing property. Great location, close to everything.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1994
Baths:
MLS#:
6763030

ADDITIONAL INFORMATION

FULLY REMODELED IN 2023 - GREAT INVESTMENT OPTION IN CENTRAL PHOENIX: ''Single-Family Home'' + ''Duplex'' on a 17,164sf lot. In each property, the remodel included new roofs, windows, electrical, drains, pex plumbing, doors, trim, baseboards, blinds, ceiling fans, wood-look tile floors, & 1.25'' water line. All kitchens have quartz counters, full backsplashs, on-trend white cabs, & recessed lighting. All baths are fully remodeled incl new toilets, cabs, counters, fixtures, & shower surrounds. Each unit has an indoor laundry room with a washer/dryer hook-up, & a private fenced yard with a covered patio & artificial turf. The additional building in the NE corner of the lot could be leased out as storage units. Great location ½ BLOCK FROM THE PHOENIX LIGHT RAIL. Located in REINVENTPHX ZONE.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1953
Baths:
MLS#:
6756497

ADDITIONAL INFORMATION

Unlock exceptional returns with this fully renovated 8-unit luxury multifamily property in thriving Midtown Phoenix. Located minutes from Downtown and the airport, this turnkey investment features high-end finishes, modern, fully furnished units, and a resort-style courtyard with a 6-hole putting green, waterfall, and gated dog play area. Boasting a 2023 Gross Rental Income of $365,061.50 and a favorable GRM of 9.02, this property offers immediate income and strong future appreciation potential. Positioned in one of Phoenix's most desirable neighborhoods, this gated community is perfect for short-term and long-term tenants, driven by Midtown's vibrant cultural, business, and lifestyle scene. Rare opportunity to acquire a top-performing asset in a high-growth market.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1954
Baths:
MLS#:
6751438

ADDITIONAL INFORMATION

Very good investment property with three - 2BR/1BA units and one - 3BR/2BA unit. Nice and clean Large lot and convenience located near school, parks, shopping and I-17 freeway. Extra income with coin-operated Washer/Dryer

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1972
Baths:
MLS#:
6734982

ADDITIONAL INFORMATION

Casitas provides an investor the opportunity to own 9 casita type rental units that provide a single-family feel. The property was recently renovated and ownership installed new cabinets and countertops in all the kitchens, all new flooring throughout, upgraded bathroom vanities, fresh interior and exterior paint, and installed washers and dryers. The buildings were originally built in 1934 and are Masonry construction.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1961
Baths:
MLS#:
6688318

ADDITIONAL INFORMATION

Signature 18, a fully occupied gated complex in Phoenix, offers a stellar investment with a 6.15% cap rate and a net operating income of $354,339. Located near Abrazo Hospital, Christown Spectrum Mall, and transit, it blends city access with quiet living. Recent capital improvements have boosted aesthetics, efficiency, and security, including desert landscaping to cut water costs, repaved parking, and refreshed exteriors. Security upgrades feature LED motion lights and cameras, alongside modern gate locks. Units are enhanced with stainless steel appliances and new roof sealing, plus a swimming pool pump upgrade. A new dog run adds to the community vibe. This turn-key property ensures immediate income and potential for appreciation, making it an outstanding choice for Phoenix investors.

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Andrea Conner, License #BR685747000, Xome Inc., License #LC658141000 [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


Information deemed reliable but not guaranteed. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. The ARMLS logo indicates a property listed by a real estate brokerage other than this broker. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.



Phoenix Real Estate

The median home value in Phoenix, AZ is $413,000. This is lower than the county median home value of $456,600. The national median home value is $338,100. The average price of homes sold in Phoenix, AZ is $413,000. Approximately 52.06% of Phoenix homes are owned, compared to 40.81% rented, while 7.13% 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 85015 has a population of 1,591,119. Phoenix 85015 is less family-centric than the surrounding county with 30.89% of the households containing married families with children. The county average for households married with children is 31.17%.

The median household income in Phoenix, Arizona 85015 is $64,927. The median household income for the surrounding county is $72,944 compared to the national median of $69,021. The median age of people living in Phoenix 85015 is 34.1 years.

Phoenix Weather

The average high temperature in July is 104.5 degrees, with an average low temperature in January of 43.2 degrees. The average rainfall is approximately 9.2 inches per year, with 0 inches of snow per year.

Phoenix Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    112
    30-day change

Phoenix Schools and Demographics

Education near Phoenix, AZ

Metric City County
High School Graduates 83.54 88.84
College Degree - 2 year 7.98 8.92
College Degree - 4 year 30.58 34.36
Graduate Degree 8.2 9.3
Expenditures per Student 10,564 10,564
Students per Teacher 18.2 18.2

Elementary Schools near Phoenix, AZ

School Grades Students P/T Ratio ZIP
Academy of Mathematics and Science South KG - 08 231 85017
Casa Academy KG - 02 136 85015
Clarendon School PK - 08 440 17 85013
Cordova Middle School 03 - 08 848 24.4 85017
Granada Primary School KG - 03 934 22.2 85017
Imagine Camelback Elementary KG - 05 487 85015
MAIE Bartlett Heard School PK - 08 661 19.8 85015
Maryland Elementary School PK - 08 899 18.7 85015
Midtown Primary School KG - 05 118 85015
Montebello School KG - 08 1,387 27.4 85017
Ocotillo School KG - 06 789 21.6 85017
Westwood Primary School KG - 03 933 22.2 85015

Middle Schools near Phoenix, AZ

School Grades Students P/T Ratio ZIP
Granada East School 04 - 08 1,142 25.7 85017
Imagine Camelback Middle 06 - 08 168 85015
Madison Meadows School 05 - 08 845 21.1 85013
Phoenix Regional High School 09 - 12 0 85017
R E Simpson School 04 - 08 831 29.1 85015
Woods High School 09 - 12 0 85017

High Schools near Phoenix, AZ

School Grades Students P/T Ratio ZIP
Arizona Collegiate High School 09 - 12 194 85017
Career Success High School - Glendale 09 - 12 61 85017
Career Success High School - Main Campus 09 - 12 225 85017
Girls Leadership Academy of Arizona 09 - 12 141 85013
Phoenix College Preparatory Academy 09 - 12 105 85013
Tumbleweed Transitional Learning Center 09 - 12 49 24.5 85013

Ungraded Schools near Phoenix, AZ

School Grades Students P/T Ratio ZIP
* Bostrom Alternative Center 09 - 12 206 7.6 85017
* Metro Tech High School 09 - 12 1,769 15.1 85015
Amerischools Academy - Camelback KG - 12 170 85013
Pan-American Charter School KG - 12 689 85017
Southwest Key Transitional Learning Center KG - 12 163 7.4 85017

Demographics near Phoenix, AZ 85015

Metric Zip Code City
Neighborhood Type Inner City
Population 1,591,119 4,367,186
Population Density 3,074 475
Median Age 34.1 36.9
People per Household 2.7 2.6
Median Household Income 64,927 72,944
Average Income per Capita 33,718 37,570