Phoenix AZ Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1954
- Baths:
- MLS#:
- 6781918
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Courtesy: Manara Properties, LLC
480-273-6884
ADDITIONAL INFORMATION
Welcome to this charming property located in the shadows of the Phoenix Mountain Preserves. Offering a unique combination of cozy living spaces and modern amenities. The main unit features 2 bedrooms and 1 bathroom, designed for comfortable living. It includes an attached studio complete with a full kitchen and bathroom, providing flexibility for rental income or guest accommodation. This corner lot offers privacy with a fenced-in yard, blending a block back fence for security and a chain-link front fence for openness. Recently refreshed with new interior and exterior paint, the home exudes a contemporary feel while preserving its original charm. The kitchen has been updated with bright white cabinets, granite countertops, and a bar-style eating area, creating a perfect space for both cooking and entertaining. The front yard is a welcoming oasis with lush grass and a quaint porch, while the backyard offers a storage shed, garden area, and breathtaking views of the Phoenix Mountain Preserves. A stunning self-cleaning pool and spa, built in 2022, further enhances the outdoor appeal, making this home perfect for relaxation and entertainment. Whether you are looking for a home to live in or an investment opportunity, the potential to rent out the studio or even use both units as rental properties adds incredible flexibility. Situated in an up-and-coming area, this property offers a rare blend of location, amenities, and investment potential, making it a highly desirable find. Close to mid-uptown restaurants and shopping and close to the State Park. Don't miss your chance to own a piece of paradise near the scenic Phoenix Mountain Preserves
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1960
- Baths:
- MLS#:
- 6779504
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Courtesy: R.O.I. Properties
602-319-1326
ADDITIONAL INFORMATION
Property Description: 520-22 E Purdue Ave consists of four units across three buildings, totaling 2,604 SF in the Sunnyslope Submarket. The unit mix consists of a 1,092 SF single-family residence (3 bed / 2 bath), a 1,200 SF duplex (2 bed / 1 bath), and a 312 SF studio unit (1 bed / 1 bath), on a 13,537 SF lot. This property is bank owned, and appears 50% occupied. Please contact broker for additional details.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1960
- Baths:
- MLS#:
- 6779502
View additional info
Courtesy: R.O.I. Properties
602-319-1326
ADDITIONAL INFORMATION
1329 E Cinnabar Ave offers a great investment opportunity nestled in the Sunnyslope Submarket. This multifamily property has five units across four buildings and all units have private backyards. The unit mix varies from one-, two-, and three- bedroom configurations. This property is bank owned, and 100% occupied. Please contact broker for additional details.
$1,470,000
102 E Hatcher Road Phoenix, AZ 85020
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1948
- Baths:
- MLS#:
- 6774986
View additional info
Courtesy: ES Realty
602-688-0424
ADDITIONAL INFORMATION
Excellent investment opportunity awaits with this listing! Comprised of two lots with a 4 plex on each directly across the street from the John C. Lincoln Medical Center. All units but one have been renovated with vinyl plank flooring, granite countertops, and stainless steel appliances. The units have been converted from swamp coolers to roof mounted HVAC units and the roofs have been replaced within the past two years. The address for each one is 102 E Hatcher, and 9404 N 2nd Pl. 102 E Hatcher is comprised of 4-one bedroom units, and 9404 N 2nd is comprised of 4 - two bedroom units. The seller will sell they lots individually as well, and they are listed on mls as separate 4 plex's #6682798 and #6682813
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1957
- Baths:
- MLS#:
- 6767348
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Courtesy: EPIC Home Realty
623-547-6710
ADDITIONAL INFORMATION
Excellent investment property with strong 8% CAP Rate performance. Property offers 3-units total with great tenants! Front building is a duplex each having 2-bedrooms & 1-bath. Rear unit is a large 1-bedroom & 1-bath cottage. Great location near I-51! There's no sign on the property. Please respect tenant rights as this is a drive by only until we have an accepted contract.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1933
- Baths:
- MLS#:
- 6766565
View additional info
Courtesy: R.O.I. Properties
602-319-1326
ADDITIONAL INFORMATION
315 E Carol Ave offers a value-add opportunity within the desirable Sunnyslope Submarket. The property features three rental units, including a single-family residence at the front with one bedroom and one bathroom, as well as a rear duplex, each unit offering two bedrooms and one bathroom. This complex is conveniently located near HonorHealth John C. Lincoln Medical Center and the highly sought after Sunnyslope High School. This is your opportunity to acquire a welllocated triplex with tremendous upside.
$1,495,000
801 E DUNLAP Avenue Phoenix, AZ 85020
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1980
- Baths:
- MLS#:
- 6753569
View additional info
Courtesy: Gerchick Real Estate
602-688-9279
ADDITIONAL INFORMATION
8-unit property fully leased to a reputable sober living company. NNN Lease: Tenant covers all property expenses (taxes, insurance, maintenance). Total Renovations: Over $200,000 invested in upgrades. New Bathrooms with tile showers - $50,000. Updated Flooring throughout - $40,000. New Appliances installed - $10,000. Fresh Interior & Exterior Paint - $35,000. Enhanced Security: Steel fence, new doors, and surveillance cameras - $40,000. Recent HVAC & Hot Water Heater Upgrades - $34,000. Stable Income: Long-term lease provides predictable cash flow with minimal management. Disclaimer: Verify all financials and lease terms independently. ### Investment Opportunity: Fully Leased 8-Unit Property in Phoenix, AZ **Location**: 801 E Dunlap Ave, Phoenix, AZ **Overview:** This exceptional investment opportunity presents a fully leased 8-unit property master leased to a reputable sober living company. Located in the heart of Phoenix, AZ, this property is strategically positioned to offer stable income with minimal management responsibilities. **NNN Lease Structure Explained:** The property operates under a Triple Net (NNN) lease, where the tenant assumes responsibility for all property expenses including taxes, insurance, and maintenance costs. This ensures predictable cash flow for the investor without the typical day-to-day management hassles. **Property Highlights:** - **Recent Renovations:** Over $200,000 in recent upgrades including: - New bathrooms featuring tile showers ($50,000) - Updated flooring throughout ($40,000) - New or replaced appliances ($10,000) - Fresh interior and exterior paint ($35,000) - Modern kitchen upgrades including new cabinets ($10,000) - Enhanced security with a steel fence and new exterior doors ($10,000) - Upgraded finishes and lighting fixtures ($1,500) - Improved laundry facilities ($2,000) - Installation of surveillance cameras for added security ($22,000, operational status verified) - Updated hot water heaters and AC units installed within the last 5 years ($34,000) **Financial Overview:** - **Lease Terms:** Long-term master lease with a reputable sober living company covering 100% of expenses. - **Income Stability:** Predictable rental income with all expenses paid by the tenant, offering a hassle-free investment opportunity. - **Capital Expenditures:** Recent renovations ensure reduced maintenance costs and increased tenant satisfaction, enhancing property value and marketability. **Investment Considerations:** This property represents an attractive opportunity for investors seeking stable cash flow and minimal management involvement. With a strong lease in place and recent capital improvements, it stands as a secure investment in the vibrant Phoenix real estate market. *Disclaimer: Buyers are encouraged to verify all financial figures and lease terms independently.* This marketing piece emphasizes the property's attractive investment potential, highlighting the NNN lease structure, recent renovations, and the stable income stream from a long-term tenant.
$1,475,000
8939 N 8TH Street Phoenix, AZ 85020
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1987
- Baths:
- MLS#:
- 6749873
View additional info
Courtesy: Gerchick Real Estate
602-688-9279
ADDITIONAL INFORMATION
**Overview:** This meticulously upgraded 8-unit apartment complex offers a unique investment opportunity or a versatile property for various uses. The building features a comprehensive renovation and several high-quality enhancements, positioned in a competitive rental market. **Unit Mix:** - **6 Units:** 1-bedroom apartments - **2 Units:** 2-bedroom, 1-bath apartments - **1 Office Unit:** This is one of the units. Currently used as an office space with a remodeled bathroom. The seller is willing to convert this unit into to a one bedroom apartment if requested prior to the close of escrow. SEE Supplement **Renovations & Upgrades:** - **Apartment Upgrades (Rehabbed in 2024):** - **Units 1-7:** Thoughtful updates include new flooring and completely remodeled bathrooms. **Apartment 1** features the most extensive renovations, including full wall and flooring replacements. - **Bathrooms:** All bathrooms have been remodeled with new flooring, plumbing, toilets, showers, tiling, and cabinets. Each renovation cost approximately $12,000 per apartment. - **Office/Storage Space (Purple Door):** - **Building Addition:** Added for approximately $100,000, this versatile space can be used for office purposes or additional storage. - **Exterior Enhancements:** - **Brick Patio:** Installed in 2019 at a cost of $15,000, featuring TV and power outlets for enhanced tenant enjoyment. - **Security Gate:** Added in 2015 for $5,000, providing additional security. - **New Brick Wall:** A $5,000 investment for added privacy and security between the property and 801 E Dunlap. - **New Mailboxes and Stand:** Installed in August 2024 for $500, providing a fresh and organized mail solution. **Property Features:** - **Laundry Room:** Convenient on-site laundry facility. - **Storage Units:** Two storage units are included with the property. - **Tenant Amenities:** All units come equipped with microwaves, refrigerators, and stoves. - **Gated Property:** Added security and privacy for residents. - **Vacant Property:** Currently vacant to allow for diverse use options, such as a sobriety house or rental for cash flow. **Investment Potential:** With recent extensive renovations and a range of enhancements, this property is ideal for a variety of uses. Its current vacancy allows for flexible applications, whether for immediate rental income or specialized uses. **Buyer Information:** - **Note:** Buyers must confirm all facts and figures to ensure accuracy.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1980
- Baths:
- MLS#:
- 6732554
View additional info
Courtesy: eXp Realty
888-897-7821
ADDITIONAL INFORMATION
Find your prime investment opportunity today! This is an 8-unit low-rise complex. Built in 1980, but was extensively upgraded in 2023, making it a turnkey investment with significant potential for income growth. Offering a mix of two standalone 2-bedroom, 2-bathroom units and six 2-bedroom, 1-bathroom units, with modern amenities and high-quality finishes. Each unit features spacious living areas, updated kitchens and bathrooms, and individual storage units. The complex also boasts ample parking with 24 spaces and a well-maintained exterior. The proximity to major employers, shopping centers, hiking trails, and parks puts it in a highly desirable location, this property is perfect for long term tenants!
$579,000
9028 N 11TH Street Phoenix, AZ 85020
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1944
- Baths:
- MLS#:
- 6691433
View additional info
Courtesy: SRL Group
480-612-0367
ADDITIONAL INFORMATION
Renovated, positive cash flowing 4 plex in the heart of Central Phoenix.Interior amenities include; new plumbing, new wood plank vinylflooring, new interior paint, fully equippedkitchens with stainless appliances and newcounter tops, updated bathrooms, new hardware, lighting, and shutters throughout. Additionally, the sewer line and exterior plumbing was all just replaced. New electrical panels installed throughout, new exterior paint , new landscaping, and new fencing. There is a common laundry area and separate storage, and all units are separately metered. Close to Route 51, Interstate 10, Downtown Phoenix, and Biltmore.
$794,999
9404 N 2ND Place Phoenix, AZ 85020
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1947
- Baths:
- MLS#:
- 6682813
View additional info
Courtesy: ES Realty
602-688-0424
ADDITIONAL INFORMATION
Excellent investment opportunity awaits with this listing! Comprised of four two-bedroom/1 bath units. All of the units have been fully renovated. The property shares a courtyard with another 4 plex property that is also for sale separately at 102 E Hatcher Rd MLS #6682798. Take advantage of financing options like a conventional loan with only 5% down. Perfect opportunity to occupy 1 unit and rent out the other three.
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 85020 has a population of 1,591,119. Phoenix 85020 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 85020 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 85020 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.