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.
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.
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.
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.
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.
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
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.
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
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.
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.
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.
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.