Phoenix AZ Multi Family for Sale

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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.This centrally located triplex presents a fantastic opportunity for investors or first-time homebuyers looking for a property with income potential. Each of the three units features 2 bedrooms and 1 bathroom, providing comfortable, functional living spaces. Private patios for each unit offer tenants their own outdoor retreat, enhancing the appeal for renters. With each unit currently rented at $1,200 per month, this property yields a solid income stream. Additionally, for owner-occupiers, this triplex is eligible for down payment assistance, making it a smart choice for those looking to start their real estate investment journey. Proximity to Grand Canyon University and easy access to the I-17 freeway.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1904
Baths:
MLS#:
6775523

ADDITIONAL INFORMATION

5121 & 5119 N 18th Ave consists of four bank owned residential / multifamily buildings across two parcels, combining for four total rentable dwelling units. The buildings consist of: (I) Single Family Residence (3 bed / 1 bath) (II) Unit A (2 bed / 1 bath) (III) Unit B (1 bed / 1 bath) (IV) Unit C (1 bed / 1 bath). These units are all occupied (Sec 8). The property is situated near the NEC of 19th Ave & Camelback Rd, and only a mile south of the redeveloping Christown Mall. Please contact broker for additional details.

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:
1954
Baths:
MLS#:
6746838

ADDITIONAL INFORMATION

ASSUMABLE FINANCING: 3.5% Fixed Rate, $1M Loan Amount, 5-Year Term, Matures May 2027. 6 Units on Two Parcels Garden-Style Property Built in 1955, Renovated in 2022. (4) Large 1-Bed / 1-Bath & (2) Large 2-Bed / 1-Bath Units. Each Unit Features a Fully Upgraded Interior Which Includes New Quartz Countertops, Vinyl-Plank Flooring, New Cabinetry, Stainless Steel Appliances, & In-Suite Washer & Dryer. Exterior Upgrades Include New Windows, New Fencing With Private Front & Back Patios, New Paint, & Desert Landscaping. Each Unit Is Individually Metered for Electricity & Boasts Private Storage Areas for Each Unit Located Within the BelAir Neighborhood, Less Than One Mile From the Melrose District Along 7th Avenue *Minutes to Encanto Golf Course, Phoenix College & St. Joseph's Hospital.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1960
Baths:
MLS#:
6737210

ADDITIONAL INFORMATION

Passive 6 unit income producing property available in opportunity zone. Washer and dryer hookups available in each unit. Value add opportunity by increasing rents and updating house on property. Rents are substantially below current market value. New zoning ordinances adopted by City of Phoenix council for higher density. Surrounding properties have city pre approval for new development. Please do due diligence and consult with land use attorney

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

    133
    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