Phoenix AZ Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1950
Baths:
MLS#:
6756345

ADDITIONAL INFORMATION

For investors seeking an IMMEDIATE INCOME generation with no additional investment required! Possible to enter with 5% DOWN! 2023 average occupancy rate 93%. Current Airbnb rating 4.85 out of 5. CAP RATE 9.64%. Meticulously RENOVATED 5-UNIT Short-Term Rental in Central Phoenix! Comes with over $5,000 in Bookings! Nestled in one of Phoenix's most DESIRABLE LOCATIONS with immediate access to HWY-51, 2 min drive to Phoenix Children's Hospital, 8 min drive to Biltmore Fashion Park, top-rated dining, and vibrant nightlife. This rental is a top choice of traveling nurses! Each unit is designed to provide guests with comfort and style, ensuring HIGH OCCUPANCY RATES. Every unit features a modern Kitchen, Bath, and separate Private Access. A well-maintained shared outdoor space with seating, hammock, fire pit and BBQ facilities creates an inviting atmosphere for relaxation. Convenient laundry facility w/washer & dryer is available for guest use.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1958
Baths:
MLS#:
6746895

ADDITIONAL INFORMATION

This unique property offers flexible living options with a remodeled 2-bedroom, 1-bathroom main home, plus a detached 1-bedroom, 1-bathroom in-law suite or rental unit. Both the main house and rear unit feature private entrances and separate backyards, making it ideal for an owner-occupied home with additional rental income, or a great opportunity to rent out both units. The newly remodeled interiors are showcased in the photos, and the property is located in a highly desirable rental area.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1982
Baths:
MLS#:
6691141

ADDITIONAL INFORMATION

built in 1982, is constructed from wood-frame and stucco, and has undergone extensive renovations that were completed at the beginning of 2020. This individually parceled, condo-mapped community features (8) large 2-bedroom / 2-bathroom units with a master-bathroom in each bedroom. The layouts of each unit feature vaulted ceilings, private backyards, an in-unit washer and dryer along with a private exterior storage closet for all units. The interior renovations include contemporary cabinets, stainless-steel appliances, vinyl flooring, floating bathroom vanities, and more.The exterior upgrades include a dog run, community patio grill & bar, and picnic area. The community is securely gated and boasts a unique desert landscaping to be enjoyed year round.

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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 $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 85016 has a population of 1,574,421. Phoenix 85016 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 85016 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 85016 is 33.3 years.

Phoenix Weather

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.

Phoenix Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    191
    30-day change

Phoenix Schools and Demographics

Education near Phoenix, AZ

Metric City County
High School Graduates 81.16 87.1
College Degree - 2 year 7.76 8.47
College Degree - 4 year 27.79 31.45
Graduate Degree 7.1 8.29
Expenditures per Student 9,039 8,039
Students per Teacher 18.6 19.3

Elementary Schools near Phoenix, AZ

School Grades Students P/T Ratio ZIP
Arizona Autism Charter School KG - 05 87 85014
Empower College Prep 03 - 07 377 85012
Larry C Kennedy School KG - 08 672 19.1 85016
Loma Linda Elementary School PK - 08 718 19.8 85016
Madison Camelview Elementary School PK - 04 689 20.6 85016
Madison Rose Lane School PK - 04 815 18.7 85014
Madison Traditional Academy KG - 08 765 26.6 85014
Phoenix Advantage Charter School KG - 08 520 85016
Villa Montessori - Phoenix Campus KG - 08 493 85016

Middle Schools near Phoenix, AZ

School Grades Students P/T Ratio ZIP
Compass Center 04 - 08 5 0.9 85016
International Commerce Institute 09 - 12 0 85014
Madison #1 Elementary School 05 - 08 923 18.5 85016
Madison Park School 05 - 08 423 18.4 85014
Phoenix Union Cyber High School 11 - 12 0 85016

High Schools near Phoenix, AZ

School Grades Students P/T Ratio ZIP
Camelback High School 09 - 12 2,048 18.6 85016
Central High School 09 - 12 2,251 16.5 85012
Humanities and Sciences High School - Phoenix 09 - 12 6 85014
International Commerce High School - Phoenix 09 - 12 430 85014
Learning Institute the 07 - 12 130 85014
North High School 09 - 12 2,616 20.3 85014
Suns-Diamondbacks Education Academy 11 - 12 240 26.7 85014

Ungraded Schools near Phoenix, AZ

School Grades Students P/T Ratio ZIP
* Mosaica Online High School of Arizona 09 - 12 27 85016
Basis Phoenix Central Primary KG - 12 590 85012
International Charter School of Arizona 05 - 12 60 85016
Madison Highland Prep. 09 - 10 101 85014
New World Educational Center KG - 12 172 85014

Demographics near Phoenix, AZ 85016

Metric Zip Code City
Neighborhood Type Suburban
Population 1,574,421 4,155,501
Population Density 3,041 452
Median Age 33.3 36
People per Household 2.9 2.8
Median Household Income 52,080 58,580
Average Income per Capita 26,528 30,186