948-54 W Mohave St is located just south of Downtown Phoenix and consists of two buildings across two parcels. Both buildings were recently noticed for violation and Neighborhood Services Department is requiring the buildings to be demolished. Buyer will acquire property subject to the violation. This property is bank owned, and 100% vacant.
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.
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.
Uncover this rare gem an exceptional Multi-Family Investment opportunity. Well maintained multi-family property offers immense value and endless potential. New Roofs on All 3 buildings. Fresh exterior paint. Nestled only blocks from Lookout Mountain Preserves. Boasting a 1552 sq ft 3bd,2bath Main House with lots of updates, large open kitchen AND 4 units behind the main house on just under. 1/2-acre lush property with grassy areas, fruit trees and shared patio for BBQ's. 1 Unit is 2bd,1ba and 1 unit is 1bd,1ba. 2 Units 3bd, 1b. All units have a full-size kitchen and indoor laundry hook ups, approx. 784 sq ft each. Ample parking on new asphalt. Individual electric meters, to all units, water/sewer/trash included with rent. A huge opportunity for a great income property.
Total 8 units of townhomes all 2 bedrooms/1.5bathroom in a community of total 99 units of Dunlap Condominiums. This is not apartment complex, but 8 units spread across the community of 15 building. Each unit large 1108sq as townhome, all units rented, each unit with Washer/Dryer, individual water heater and HVAC, Tenant pay for electricity. Average rent $1200 to 1500 for each unit in this community. HOA fee $300 each covering insurance, common area maintenance, and water, sewer, trash.
NEW TO MARKET IS THIS GREAT 3 UNIT PROPERTY. THERE ARE 2 BUILDINGS TOTAL. THE FRONT BUILDING IS A STAND ALONE UNIT AND THE REAR UNIT HAS A ATTACHED UNITS. EACH UNIT HAS 2 BEDROOMS AND 1 BATH ALONG WITH A COVERED PARKING SPOT, STORAGE/LAUNDRY ROOM AND A GENEROUS SIZED BACK YARD. THESE BUILDINGS ARE SOLID SLUMP BLOCK BUILT THAT ARE IN GREAT CONDITION THAT CAN CONTINUE TO STAND THE ARIZONA HEAT WITH PROPER CARE AND MAINTENANCE FOR A LONG LONG TIME! ALL 3 UNITS ARE RENTED OUT WITH LOYAL TENANTS. THIS IS A GREAT PROPERTY TO ADD TO YOUR RENTAL PORTFOLIO OR MAYBE EVEN FOR AN OWNER TO LIVE IN ONE OF THE UNITS UPON VACANCY OF ONE OF THE TENANTS. EITHER WAY, YOU DONT WANT TO MISS OUT ON THIS ONE! LOTS OF GROWTH IN THE AREA WITH OTHER MULTI UNITS BEING BUILT. ADD THIS TO YOUR LIST OF MUST SEE!
Discover an incredible investment opportunity with this unique renovated 7-plex Situated between Downtown Phoenix and Sky Harbor Airport, this property features six buildings, including five individual units and one duplex. Spacious 20,000 square foot lot, and each unit offers a welcoming living room with a calming color palette, an eat-in kitchen, SS appliances, cozy bedrooms, and laundry. Individual backyards provide a perfect spot to relax after a long day. Just north of McDowell, this property is all about convenience! It's super accessible, making it a fantastic choice for anyone looking to live or invest here. You'll be less than a mile away from major freeways, like Loop 202, I-10, and AZ-51, making it easy getting around the Phoenix Metro area. Don't miss this one!
Fillmore 4! Completely remodeled and ready for new ownership! 4 units - (2) 2/1 Units and (2) 1/1 Units! All units have laundry! This property went under a full remodel in 2023, with upgrades such as windows, kitchens, tile showers, flooring, paint and much more! Exterior boasts a gated parking lot with parking for all tenants and pavers with artificial turf! Very low maintenance property. Great for owner occupant or investor ready to add to their portfolio!
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
Duplex For Sale! Two separate houses on one lot. One 2 bed/2 bath and one 2 bed/1 bath, both rented, all detached. Front house on a mtm lease, back house lease ends 1/31/2025. One water meter for both. Individually metered for electric and gas. Both have A/C, full kitchens with appliances, and carports. Great opportunity for a first time investment or owner occupy and have an instant rental! DRIVE BY ONLY. DO NOT DISTURB TENANTS. TENANT'S RIGHTS.
Looking for Instant Income? This property has 2 units, each unit is 3 Bed, 2 Bath. Renovations since purchased include paint, LVP flooring through out, new appliances + washer/dryer. Each unit has a private fenced yard. Live in one unit and lease out the other. It is located with in walking distance to North Mountain Park / Shaw Butte! Built in 2004. NO HOA! Easy access to I17 and is close to Metro Center. Drive by only. Both Units currently Rented. Instant Income. Currently managed b a property management company. .
1101 E (Triplex) can be purchased with 1105 E Roosevelt St (Four plex). All 7 units have been updated with hook ups. Renovation include new flooring, cabinets, appliances, bathrooms, ceiling fans and lighting fixtures. The units have their own electric meter. Low maintenance exterior with new fence surrounding desert landscape. Close to first Friday events and freeways. The properties are separate parcels, which allows residential financing.
1105 E (four plex) can be purchased with 1101 E Roosevelt St (triplex). All 7 units have been updated with hook ups. Renovation include new flooring, cabinets, appliances, bathrooms, ceiling fans and lighting fixtures. The units have their own electric meter. Low maintenance exterior with new fence surrounding desert landscape. Close to first Friday events and freeways. The properties are separate parcels, which allows residential financing.
Fantastic Investment Opportunity! All 4 units are fully leased at $1,900/month, providing a reliable income stream. With OWNED solar panels, you'll enjoy significant savings! This beautifully renovated 4-unit apartment community features modern 2-bedroom, 1-bathroom layout. Each unit offers an open-concept living space with modern finishes. Every unit is equipped with a full-size stackable washer and dryer and all units have its own private patio and low-maintenance yard. Covered parking for each tenant! Located in an up-and-coming neighborhood, this property is perfectly positioned to benefit from the area's growth and increasing desirability. Extensive exterior upgrades include newer roofs, dual-pane windows, stucco, and updated electrical and plumbing.
Excellent Investment Opportunity: Four 2-Bedroom Units! This well-maintained property features four units, each offering 2 spacious bedrooms and 1 bathroom. All units share identical layouts, along with a fenced yard, perfect for outdoor relaxation and privacy. Inside, you'll find durable tile flooring throughout, along with essential appliances including refrigerators that will convey. To keep cool during the warmer months, every unit is equipped with roof-mounted A/C units. Each unit operates on separate electrical meters, allowing tenants to manage their own electricity costs, while the landlord covers water and trash services. Tenants are currently on month-to-month leases, providing flexibility for future adjustments.
Aero Phoenix is a 21-unit apartment community in the Camelback East Neighborhood of Phoenix, AZ. The property was built in 1985, has been fully repositioned, and consists of a unit mix of (20) one-bedroom, one-bathroom units, and (1) studio.
9 Multifamily Units located in ROSELAWN HEIGHTS. This Property consists of Two Parcels APN: 117-15-097 & APN: 117-15-100-B. These Two Parcels combined together are an estimated .65 of an acre. All 9 Units are leased with the longest tenant residing in property over 20 Years. Property includes covered parking along with plenty of additional parking. 7 of the Units have updated Kitchens, Bathrooms and Flooring. 6 of the AC Units are less than 5 Years Old. New Water Heater on one of the Units and the other Water Heaters are less than 4 Years Old.
16-unit multifamily opportunity located in the North Mountain Submarket of Phoenix, AZ. Originally built in 1965 and renovated in 2018, this asset is strategically positioned near the base of North Mountain, near many economic drivers such as the I-17 employment corridor, $1B redevelopment of the Metrocenter, and the North Mountain Redevelopment Area (NMRA). Additionally, the property consists of a desirable unit mix of 100% two-bedroom, one-bathroom floorplans across 4 separately parceled Fourplexes, allowing for residential or commercial financing. Community amenities include an on-site laundry facility, private patios, and a community common area where there is potential to build additional units.
This exclusive property package is perfect for both seasoned investors looking to expand their portfolio and newcomers wanting to start their investment journey.The selection of fully renovated 2-bedroom, 1-bath units offers a great opportunity for investors of all levels to enter the real estate market or diversify their existing portfolio.With a strong history of occupancy and the potential to increase rental income, these units provide a stable and reliable income stream The convenient location and amenities make these units highly desirable for tenants,ensuring a steady flow of rental income for investors.Whether you're just starting out or looking to grow your investment portfolio, this property package offers a smart and lucrative opportunity for investors of all levels.
This property presents a compelling investment opportunity with its attractive unit mix,desirable location,and potential for additional income through owner-operated facilities.It is a well-positioned,income-generating asset.There are opportunities to even increase current rental income for further value.This property is a prudent choice for investors looking to expand, diversify or start their portfolio.It offers a stable and reliable income stream.The property is 100% occupied and all units were remodeled.There are five-2 bedroom,1-bath , one- 3 bed/1 ba. and eleven - 3 bed,2 ba units. All are equipped with their own washer/dryer.The property is located in a Prime location with nearby amenities and great transportation access.
Built in 1957, Hidden Court is comprised of one-bedroom and two-bedroom floorplans covering an average of ±690 square feet. Future ownership will have the opportunity to renovate 7 units with new appliances, countertops, cabinets, flooring, fixtures, hardware and individual washer/dryer to capitalize on rent premium based on the current market and rents achieved by similar properties in the immediate surrounding area.
ABI Multifamily is pleased to present the sale of 2702 E Juniper Ave, a large garden-style duplex located in the Bell Park neighborhood of north Phoenix. Built in 2009, each unit boasts 3-bedrooms & 2-baths at 1,316 sq ft with attached 2-car garages. One of the units was tastefully & comprehensively remodeled in 2024, with all new flooring, new cabinets, new granite countertops, new kitchen appliances, & a new HVAC unit. The other unit has been well kept but could yield more income with minimal upgrades. Each unit also has a private & fully secured backyard. All utilities are separately metered, including water. Both units are currently occupied with rents at $2,148 & $2,171 per month. A buyer could utilize programs like Section 8 to rent each unit out for as much as $2,863 per month. With one of the leases ending early 2025, this is a promising opportunity for an owner-occupant to buy, live in one unit, and lease out the second unit for supplemental income. Or it's an ideal fit for an investor given the great condition of the property, minimal owner expenses, and the upside in rental opportunity. Located just south of Bell Rd about one mile from Highway 51, tenants can easily get North and South in the Valley quickly.
Investment opportunity to purchase a fully remodeled duplex near the desirable area of Arcadia Lite! Both units have been fully renovated and feature indoor laundry, private backyards and private outdoor storage units. Both units are 2 bed/ 1 bath/ approx. 850 sq ft and have the same floor plan and materials. Long list of upgrades include: new energy efficient windows, laminate flooring with upgraded base boards, new cabinets in kitchens and bathrooms, quartzite counters, stainless steel appliances, remodeled shower/tub with tile surrounds, toilets, fixtures, ceiling fans, replaced both electrical panels, paint and landscaping. This is an excellent opportunity for a turn-key investment, or to live in one unit and rent out the other. The seller is a licensed real estate agent in Arizona.
Discover the charm of urban living in the heart of Roosevelt Row, one of downtown Phoenix's most vibrant and eclectic neighborhoods. This 24-unit apartment complex, featuring a mix of 1-bedroom/1-bath units and studio apartments, offers tenants the perfect combination of comfort and convenience. With a total rentable square footage of 8,788 SF, this property is just steps away from boutique restaurants, trendy bars, and unique shopping destinations. Each unit is individually metered for electricity, providing tenants with independent control over their utilities. The property also includes a community laundry room for added convenience. Currently, all units are occupied by an owner-user, and the owner may consider leasing back some units temporarily, depending on the terms. Please note that all numbers provided in the listing are proforma estimates. Located in the bustling Roosevelt Row area, this is a prime opportunity for investors seeking stable income and a property with excellent long-term potential. Please note: Drive-by only. Do not disturb tenants.
LOCATION!LOCATION!LOCATION; Triplex in the highly sought after Coronado Historic district; Completely renovated cash cow property! Main house beautifully renovated 3 bedrooms 1 bathroom. Bright and open floorplan, with modern floors, upgraded cabinets in kitchen and bathrooms with taste, marble backsplash in the kitchens. Behind the main house you have a 2 bed 1 bath unit and a stand alone 1 bedroom 1 bath total reno unit. Each unit has its own entrance and yard access. Plenty of parking as the property has extended driveways on both sides and 2 RV Gates with a large back yard. Minutes walk to Starbucks, shopping, and restaurants and hospitals (ideal for travel docs, nurses, and Airbnb) and enjoy what Coronado historic district living has to offer...... So many options, Live in one of the Units and rent the rest or turn it into cash cow investment. Truly a unique GEM Be the first to claim it, won't last!!
The median home value in Phoenix, AZ is $430,000. 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 $430,000. 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 has a population of 1,591,119. Phoenix is more family-centric than the surrounding county with 31.58% 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 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 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.