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1802 N 26th Place, Phoenix
$1,849,000
22 Beds ⋅ 11 Baths ⋅ 7092695 MLS
1802 N 26th Pl is an attractive opportunity to acquire a fully occupied 10-unit multifamily asset generating an in-place cap rate of 6.33%, with additional upside through completing remaining interior & exterior renovations. Strong in-place rents and occupancy, coupled with a significant concentration of three and four-bedroom units, provide a compelling competitive advantage in a submarket with strong demand for larger floor plans. Built in 1960, the property has undergone substantial reconstruction and renovation, including five fully reconstructed units and two renovated units in 2021, while three units remain in classic condition. Recent capital improvements include new roofs, plumbing lines, electrical systems, and upgraded interiors across seven units. The favorable unit mix includes one studio, three one-bedrooms, one two-bedroom, four three-bedroom casitas, and one four-bedroom casita, providing broad tenant appeal and diversified rental demand. Select units offer private patios. All five three- and four-bedroom units have their own washer / dryer, and the remaining five units utilize on-site community laundry. Ideally positioned between Central Phoenix and the East Valley, the property is minutes from the I-10, SR-51, and Loop 202 Freeways as well as Phoenix Sky Harbor International Airport, Biltmore FashionPark, and the Camelback Corridor, offering residents convenient access to major employment, retail, dining, and entertainment destinations.

1802 N 26th Place, Phoenix
1829 W Hadley Street, Phoenix
$600,000
6 Beds ⋅ 4 Baths ⋅ 7092237 MLS
Welcome To ''Westline Luxury Residences'' A Premier New-Construction Investment Opportunity. One Separately Assessed Parcel Includes Two Fully Detached 3-Bed, 2-Bath Residences, Conveying Together At $600K. The 1,125-SF Front Home Has A 2-Car Garage & Projected Rent Of $2,100/Month. The Rear 1,007-SF ADU Has Alley Access, & Projected Rent Of $1,850/Month. Each Residence Has A Private Entrance! Projected Combined Rent Of $3,950/Month. Granite Counters, Soft-Close Cabinetry, Luxury Vinyl Flooring, ALL Stainless Appliances, Washer & Dryer, Low-Maintenance New Construction & No HOA. Near Downtown Phoenix, Shopping, Dining, 10 & 17. Westline Info, Proforma & All Investment Details Available!! Virtual Staging Used. Front Home Address:1829 W Hadley St. Rear ADU Address 1831 W Hadley St.

1829 W Hadley Street, Phoenix
10048 N 14th Street, Phoenix
$670,000
4 Beds ⋅ 4 Baths ⋅ 7092067 MLS
Four Plex - Meticuously/ Well Cared for by Owners - Clean and Each Unit very Rentable**All Units Currently Rented/ Some by Long Term Tenants**Great Location**

10048 N 14th Street, Phoenix
2903 E Wier Avenue, Phoenix
$539,000
6 Beds ⋅ 3 Baths ⋅ 7090141 MLS
Don't miss out on this Well-Maintained Triplex w/ Three Large 2-Bedroom, 1-Bath Units. Each Tenant has their own W/D hookupsl Well Maintained and updated as needed. Each unit has Kitchens Equipped with Range, Refrigerator & Hood Packages. Conveniently located near freeways, shopping, and dining. Ample parking with a convenient layout. The area is growing. Don't miss out!!

2903 E Wier Avenue, Phoenix
9450 N 17th Avenue, Phoenix
$450,000
3 Beds ⋅ 3 Baths ⋅ 7088947 MLS
Three-unit GATED multifamily property near 17th Ave and Hatcher in Phoenix! Each unit includes a living room, kitchen, 1 bedroom, 1 bathroom, tile/vinyl flooring throughout, ceiling fans, washer/dryer in unit, 1 covered parking spot per unit, and private storage for each unit. All units are individually metered for electric and gas. Tenants also pay a 1/3 share of common-area utility bills. Great location near bus routes, Castles N' Coasters, North Mountain Park, El Rancho Market, Rose Mofford Sports Complex, and HonorHealth!

9450 N 17th Avenue, Phoenix
2931 E Beck Lane, Phoenix
$839,000
8 Beds ⋅ 8 Baths ⋅ 7088191 MLS
Rare opportunity to own a turnkey 4-plex in a great North Phoenix location. All units are two bedroom / two bath with inside washer & dryer hookups. No HOA. Current owner has taken great care of the property. No seller carry.

2931 E Beck Lane, Phoenix
6024 S 11th Street, Phoenix
$724,500
6 Beds ⋅ 50 Baths ⋅ 7087882 MLS
Discover modern living in this brand-new two-story duplex located in the desirable South Phoenix area! Each unit features 3 spacious bedrooms, 2.5 bathrooms, walk-in closets, and high-end finishes throughout. Enjoy an open-concept layout connecting the modern kitchen and living areas, perfect for entertaining. Additional features include a private garage and spacious backyard with endless possibilities. Built with quality materials and attention to detail, this home offers the perfect combination of comfort, style, and functionality. Don't miss the opportunity to make this beautiful new home yours!

6024 S 11th Street, Phoenix
1515 W Tonto Street, Phoenix
$619,000
7087258 MLS
Fully renovated and fully furnished, this turnkey 3-unit short-term rental in Downtown Phoenix offers strong, documented cash flow and an impressive 4.8+ star Airbnb rating. The asset generated $119,442 in gross revenue in 2024 and $103,198 in 2025, with a two-year average revenue of approximately $111,320, producing operating income of $62,272 in 2024 and $53,719 in 2025, for a two-year average NOI of roughly $57,996--reflecting strong operating margins of about 52%. This is a stabilized, high-margin hospitality investment ideal for investors seeking immediate cash flow, experienced short-term rental operators expanding their portfolio, or buyers looking for a prime-location income property in one of Arizona's fastest-growing urban markets. The property located in a high-demand area of Downtown Phoenix, minutes to Chase Field, the Convention Center, ASU Downtown, Roosevelt Row, Van Buren. The property features one 2-bed/1-bath unit, one 1-bed/1-bath unit, and a private studio--each with its own kitchen, full bath, and separate entrance - providing three independent income streams under one roof. A separate laundry room and storage shed support efficient operations for guests and cleaning staff, while the fenced common courtyard with grill, fire pit, lounge seating, and hammock enhances guest experience and occupancy appeal.

1515 W Tonto Street, Phoenix
322 N 11th Place, Phoenix
$745,000
7086654 MLS
RENOVATED 4 UNITS Short-Term Rental in PRIME Phoenix LOCATION on R-5 zoning. Cap rate 10.6%. 2026 average occupancy rate 72%, Airbnb rating 4.85 out of 5! Comes with confirmed future bookings totaling over $6,000 through Nov 1, 2026 and the established hosting accounts on main short term rentals platforms!!! UNITS: One 2 BD-1BA and Three Studios. Every unit has its OWN kitchen, bathroom and a separate PRIVATE ACCESS. 2 BD unit has it's own Laundry with washer and dryer. The backyard is a common space for all guests with a Grill, Fire pit, Hammock and a separate Laundry shed. Cleaning and maintenance crews use another outside shed for supplies. Each unit uniquely renovated and staged, designed to appeal to a broad range of tenants-perfect for maximizing occupancy & income! The property located in a high-demand area of Downtown Phoenix, minutes to Chase Field, the Convention Center, ASU Downtown, Roosevelt Row, Van Buren.

322 N 11th Place, Phoenix
2325 E Roosevelt Street, Phoenix
$449,000
6 Beds ⋅ 4 Baths ⋅ 7086476 MLS
3 bedroom, 1 bath in each unit. Both homes recently remodeled. New roof. Front AC installed 9/2026 and the back AC is 2-3 years old. Back unit is currently tenant-occupied, providing immediate rental income, while the second is vacant and ready for occupancy.

2325 E Roosevelt Street, Phoenix
510 E Hatcher Road Unit OFC, Phoenix
$3,200,000
36 Beds ⋅ 24 Baths ⋅ 7086417 MLS
Hatcher Heights is a 24-unit, three-story garden-style apartment community in North Phoenix's Sunnyslope area, across from HonorHealth John C. Lincoln Medical Center and walking distance to Sunnyslope High School and the Arizona Canal Trail. Built in 1985 and renovated in 2022, the property offers 12 one-bed/one-bath and 12 two-bed/one-bath units averaging 599 SF. Capital improvements include a new permitted gate, parking lot and block wall, new windows, and replaced plumbing and drain lines. All units have been renovated or turned, and the community laundry room was fully renovated. Units are individually metered for electricity; two units have in-suite washer/dryers, with panels in place to add them to the rest. Near I-17, SR-51 and North Mountain.

510 E Hatcher Road Unit OFC, Phoenix
8927 N 10th Street, Phoenix
$1,400,000
8 Beds ⋅ 8 Baths ⋅ 7086346 MLS
NEW CONSTRUCTION FOURPLEX | 8927 N 10TH STREET This newly constructed fourplex features four modern two-bedroom, two-bathroom residences, approximately 850 square feet each. Contemporary finishes include quartz countertops, new cabinetry, dual-pane windows, and stainless-steel appliances, including a microwave and dishwasher in each unit. Each residence also has its own stackable washer and dryer. The property includes a new asphalt parking lot and manicured desert landscaping. Construction is nearing completion, and the Certificate of Occupancy is pending and expected within approximately 30 days. Information is believed reliable but is not guaranteed. Buyer must independently verify all property information, including condition, dimensions, zoning, permitted uses, plans, approvals. Introducing a newly constructed fourplex at 8927 N 10th Street in Phoenix. Each modern unit offers approximately 850 square feet with 2 bedrooms and 2 bathrooms. All four units are projected to rent for $2,000 per month each. The units feature quartz countertops, installed cabinetry, dual-pane windows, stainless steel appliances--including a microwave and dishwasher--and a new stackable washer and dryer in each unit. Each unit is individually metered for electricity. Water, sewer, and trash are master-metered. The property also offers a new asphalt parking lot and manicured desert landscaping. Conveniently located near SR-51, HonorHealth John C. Lincoln Medical Center, and area employment, shopping, and services. The Certificate of Occupancy is pending and is expected within approximately 30 days. Financial projections: Projected gross rent is $96,000 annually. Based on the provided expense estimates, projected NOI is $79,120, or an estimated 5.65% cap rate. Projected property taxes are $2,900 annually following reassessment; actual taxes may differ. The cap rate excludes vacancy and expenses not listed. All rents, income, expenses, taxes, and cap rate are estimates and are not guaranteed. The Certificate of Occupancy is pending. Buyer should independently verify all property details, financial information, taxes, permits, zoning, and other material facts. Information is deemed reliable but not guaranteed. Situated in Phoenix's established Sunnyslope neighborhood, the area surrounding 8927 N 10th Street combines convenient access to employment, everyday services, neighborhood dining, and desert recreation. Its North Central Phoenix setting places residents near the 7th Street and Dunlap Avenue corridors, with connections to State Route 51, Interstate 17, Downtown Phoenix, and the Camelback Corridor. HonorHealth John C. Lincoln Medical Center is a significant nearby healthcare and employment anchor. Located on East Dunlap Avenue, the hospital provides emergency care, surgical services, specialty treatment, and outpatient services. The surrounding medical offices and healthcare practices add employment opportunities across clinical, administrative, and support positions. The broader North Central Phoenix employment base also includes Blue Cross Blue Shield of Arizona, along with retail, banking, and professional-service businesses. Daily necessities are conveniently located within the surrounding neighborhood. Fry's Food Stores on East Hatcher Road offers groceries, pharmacy services, and a nearby fuel center, while Wells Fargo at 7th Street and Dunlap provides banking services. Local dining includes Little Miss BBQ's Sunnyslope location on North 7th Street, part of the acclaimed Phoenix barbecue business recognized by Phoenix New Times for its standout barbecue. These established businesses contribute both convenience and neighborhood character. Recreation is another appealing feature of the location. Sunnyslope Park and Community Center offer neighborhood gathering spaces, fitness facilities, sports, and organized activities. The nearby North Mountain area and Phoenix Mountains Preserve provide desert scenery and hiking opportunities, bringing outdoor recreation within reach of an established urban neighborhood. Transportation options extend beyond the surrounding road network. The Sunnyslope Transit Center on North 3rd Street provides a nearby public-transit resource, complementing bus service along the area's principal corridors. This combination gives residents options for reaching employment, shopping, and services throughout Phoenix. For multifamily investors, the location offers a practical combination of nearby employment, established services, transportation choices, and recreational amenities. These characteristics can appeal to renters who value everyday convenience and access to central Phoenix destinations, providing a clear location-based rationale when evaluating the area's long-term rental potential.

8927 N 10th Street, Phoenix
10845 N 15th Avenue, Phoenix
$478,000
5 Beds ⋅ 3 Baths ⋅ 7086337 MLS
Renovated duplex with mountain views in Phoenix's North Mountain area! Live in one unit and rent the other or add a versatile income property to your portfolio. Vacant Unit 1 offers 3BD/2BA, updated kitchen with quartz counters and stainless appliances, large laundry room, spacious front yard, and private backyard with covered patio, storage shed and 3+ off-street parking spots. Unit 2 offers 2BD/1BA plus a large bonus room, private outdoor space, in-unit laundry, and 4-car garage. Long-term tenant generates $1,830/month including rent, pet rent and fees. 6.69% cap rate. Updates include a 2023 roof, dual-pane windows, flooring, plumbing, electrical and central AC. Large lot with alley access and potential for additional parking or ADU. Near hiking, dining, schools and I-17.

10845 N 15th Avenue, Phoenix
2013 W Adams Street, Phoenix
$499,000
6 Beds ⋅ 3 Baths ⋅ 7085899 MLS
Fully occupied tri-plex with stable tenants and great cash flow located blocks from the state capitol and near downtown Phoenix. The property consists of three 2 bedroom, 1 bathroom units; 2 of the units have been remodeled. Other updates/upgrades include: new roof (2022), new backyard fencing, new water heater and new windows for unit 2015; new electrical panel for unit 2013. The 3 units are located on a spacious 14,000 square foot lot with a gated yard for each unit. Tenants pay for electric; owner pays for water and trash. Property is a corner lot located near the state capitol with easy access to both I-10 and I-17. Come check out this great, cenrally located, income producing property!

2013 W Adams Street, Phoenix
2102 W Adams Street, Phoenix
$1,999,000
16 Beds ⋅ 16 Baths ⋅ 7085334 MLS
Downtown Phoenix 16-Unit Multifamily Complex consisting of nine buildings across six contiguous lots totaling approximately 36,400 SF. The property is R-3 zoned and features all 1BD/1BA units, currently generating $18,000+ in monthly gross rental income. All units have separate electric and gas meters, with utilities paid directly by tenants. The property is serviced by four water meters. The site offers a potential redevelopment opportunity while providing existing rental income.

2102 W Adams Street, Phoenix
1201 E Griswold Road, Phoenix
$675,000
7 Beds ⋅ 4 Baths ⋅ 7084198 MLS
TWO HOMES ON ONE PROPERTY - GREAT INCOME-PRODUCING OPPORTUNITY! Discover the possibilities this unique property has to offer! Featuring two homes on one lot, this property is ideal for multi-generational living, an owner-occupant looking for additional rental income, or an investor seeking an income-producing opportunity. The main home features 3 bedrooms and 1.75 bathrooms, along with a recently remodeled kitchen featuring quartz countertops, stainless steel appliances; refrigerator, washer and dryer are included, adding extra convenience. At the base of Phoenix Mountain Preserve for active outdoor living hiking/biking and close to SR51 freeway, 10 miles from downtown and 15 miles from the airport makes this ideal location for recreation and commute The permitted back house offers 3 bedrooms and 2 full bathrooms, providing a comfortable and functional second living space. Live in one and rent the other, accommodate extended family, or explore the many possibilities this versatile property has to offer. Enjoy a low-maintenance backyard and a storage shed for additional storage. The property is serviced by one electric meter and one water meter. With a total of 6 bedrooms and 3.75 bathrooms between both homes, this is a unique opportunity with flexibility, functionality, and excellent income-producing potential. Two homes, one property, and so many possibilities!

1201 E Griswold Road, Phoenix
1033 N 25th Street, Phoenix
$400,000
4 Beds ⋅ 2 Baths ⋅ 7082250 MLS
Income-producing duplex opportunity in Phoenix! This well-maintained property has been remodeled inside and offers two separate units with flexibility for investors or an owner-occupant looking to offset monthly expenses with rental income. **Unit 1 is currently vacant and available for immediate occupancy, while Unit 2 is tenant-occupied and will be vacant effective December 4, 2026.** This provides flexibility for investors looking to secure new tenants or an owner-occupant interested in generating rental income. The property has seen extensive infrastructure improvements, including electrical redone in 2018 and replaced sewer, gas, and water lines. Approximately 12-14 inches of blown insulation has been added in the attic, and the city replaced the gas lines approximately two years ago. The property also features three separate electrical and gas meters serving Unit 1, Unit 2, and the ADU, which includes the laundry area.

1033 N 25th Street, Phoenix
434 N 42nd Street, Phoenix
$550,000
4 Beds ⋅ 4 Baths ⋅ 7081512 MLS
Opportunity to own this stabilized fully occupied, cash flowing investment. Excellent location central to Downtown Phoenix, Tempe ASU, Arcadia, Scottsdale. All units updated in 2020 including floors, kitchen, bathroom, roof, mini-splits/window units. Opportunity to increase monthly rental income. Drive by only DO NOT Disturb tenants.

434 N 42nd Street, Phoenix
3311 E Cambridge Avenue, Phoenix
$650,000
5 Beds ⋅ 7081367 MLS
5 unit multi family property w/ possibility for 6th unit. All units are detached1Bed/1Bath Apt at 32nd St and Thomas! Apt inc living room, kitchen, 1 bed, 1 bath, tile/vinyl flooring throughout, ceiling fans. Gross monthly revenue on this building is $5296 w/ good refundable sec dep on all units. One unit is vacant. All units individually metered for electric and gas--all paid by tenant. Some units have covered parking. Tenants each pay an equal share of common area utility bills. Great location--close to bus routes and near The Phoenix Zoo, Phoenix Sky Harbor, Perry Park, AZ-51, and AZ- Loop 202. Shopping, and food/drink close by!

3311 E Cambridge Avenue, Phoenix
1538 W Mckinley Street, Phoenix
$599,900
4 Beds ⋅ 3 Baths ⋅ 7081271 MLS
Turnkey triplex opportunity near the Roosevelt Arts District! This updated multifamily property offers an attractive combination of modern interiors, private outdoor space and features designed for strong tenant appeal. Currently generating $3,500/month in gross rents. The property consists of three individually accessed residences, including a 2-bedroom/1-bath unit and two 1-bedroom/1-bath units. Interiors have been extensively updated with wood-look tile flooring, white shaker cabinetry, quartz countertops, stainless-steel appliances and beautifully finished walk-in tile showers. Each residence also offers the convenience of an IN UNIT WASHER / DRYER and dishwasher features that help set these units apart from many competing rentals. Outside, residents enjoy private fenced yard/patio areas, low-maintenance desert landscaping and off-street parking, including two covered parking spaces at the rear. Two of the three units received newer HVAC systems as part of the prior renovation. With three separate residences, updated finishes and a central Phoenix location near Downtown, Roosevelt Row and major employment, dining and entertainment destinations, this property offers an excellent opportunity for an investor looking to add a renovated multifamily asset to their portfolio.

1538 W Mckinley Street, Phoenix
6630 S 11th Street, Phoenix
$844,800
6 Beds ⋅ 4 Baths ⋅ 7081203 MLS
A true must see in the heart of Phoenix!! This new build multifamily compound is a new custom build with a modern touch. The modern neutral colors inside and out make these units extremely desirable. The open and well designed floor-plans of all units make this multi family compound a one of a kind property. The property has 2-2 bedroom and 1 bath units and 2-1 bedroom and 1 bath units for a total of 4 units. Market rent is $7,282 per month. This investment opportunity is one you DO NOT want to miss!

6630 S 11th Street, Phoenix
1344 E Pueblo Avenue, Phoenix
$549,900
6 Beds ⋅ 4 Baths ⋅ 7081089 MLS
Duplex that has 2 units both are 3 bedroom and 2 bath units and both of the units is rented for $1,850 each on a 1 year lease, so $3,700 a month in total income. This is a great deal for an investor looking to cash flow a multi family property that was built in 2007 and has been recently remodeled and ready to go. This is also perfect for someone looking to rent out the one unit and live in the other to cover part of their payment.

1344 E Pueblo Avenue, Phoenix
1319 W Vogel Avenue, Phoenix
$709,000
8 Beds ⋅ 4 Baths ⋅ 7080969 MLS
This fourplex consists of all 2 bed / 1 bath units and is located in the robust heart of North Phoenix. The property is fully occupied and stabilized. Additional income could be easily added by simply installing coin operating equipment in the building behind which is already setup as an onsite laundry. Just a few of the area amenities include: North Mountain Park which offers expansive desert hiking trails & scenic views; Sunny Slope Park & Pool which also includes sports courts & picnic areas; and the AZ Canal Path which consists of long trails for walking, running & cycling. Nearby employers include HonorHealth John C. Lincoln Medical Center, the Glendale Union High School District and numerous local retail & small businesses. Buyer to verify all facts & figures.

1319 W Vogel Avenue, Phoenix
4132 N 11th Street, Phoenix
$739,000
5 Beds ⋅ 3 Baths ⋅ 7079145 MLS
Rare opportunity to own a newly built, permitted duplex completed in 2025, offering immediate turnkey rental income with furnished tenants secured through August 2027. The property totals approximately 1,947 sq ft and includes a 1,102 sq ft main residence plus a separately metered 845 sq ft second unit. The main unit features 2 bedrooms and is leased for $2,300/month, while the second unit offers 3 bedrooms and is leased for $2,820/month, generating a combined $5,120/month in rental income. Both units feature modern finishes, private yards, dedicated parking for two vehicles, and low-maintenance designs. Separate electric meters provide convenient utility separation between units. Ideally located near Downtown Phoenix, major hospitals, employment centers, shopping, dining, and major freeway access, this property offers excellent convenience for tenants and strong appeal for investors. A unique opportunity to acquire a 2025-built duplex with established rental income, modern construction, separate utilities, and minimal maintenance requirements. Whether you're looking for a turnkey investment or a property with flexible living and income potential, this duplex is ready to perform. Newly constructed duplex with identical property features and similar leases available for sale next door, 4136 N 11th St.

4132 N 11th Street, Phoenix
1022 N 22nd Place, Phoenix
$550,000
8 Beds ⋅ 4 Baths ⋅ 7077446 MLS
1022 North 22nd Place is a 4-unit, garden-style apartment community built in 1986, featuring a desirable unit mix of 100% two-bedroom, one-bathroom apartments. Each unit is separately metered for electricity and includes ample on-site parking. Ideally located just minutes from Downtown Phoenix, Sky Harbor International Airport, and major freeway access, the asset provides a clear value-add opportunity through interior and exterior upgrades and presents strong upside potential.

1022 N 22nd Place, Phoenix
1018 N 22nd Place, Phoenix
$550,000
8 Beds ⋅ 4 Baths ⋅ 7077428 MLS
1018 North 22nd Place is a 4-unit, garden-style apartment community built in 1986, featuring a desirable unit mix of 100% two-bedroom, one-bathroom apartments. Each unit is separately metered for electricity and includes ample on-site parking. Ideally located just minutes from Downtown Phoenix, Sky Harbor International Airport, and major freeway access, the asset provides a clear value-add opportunity through interior and exterior upgrades and presents strong upside potential.

1018 N 22nd Place, Phoenix
1021 E Pierce Street, Phoenix
$1,280,000
12 Beds ⋅ 8 Baths ⋅ 7076583 MLS
Incredible Investment Opportunity in the Heart of Historic Garfield - A rare and highly desirable 4-unit multifamily property nestled in one of Phoenix's most sought-after and culturally rich neighborhoods, the Historic Garfield District. Whether you're a seasoned investor or looking to house-hack your way to financial freedom, this property delivers cash flow with massive upside potential. Each spacious 900 sqft units features 3 bedrooms and 2 full bathrooms, offering a layout that commands top-of-market rents in today's competitive Phoenix rental market. With a projected average rental income of $2,100 per unit per month. Situated in the heart of the Historic Garfield District one of downtown Phoenix's most vibrant , walkable, and character-filled neighborhoods.

1021 E Pierce Street, Phoenix
2242 E Taylor Street, Phoenix
$639,000
11 Beds ⋅ 5 Baths ⋅ 7075484 MLS
A five-unit multifamily investment opportunity in the heart of Phoenix, Arizona. Originally constructed in 1944, the asset features a mix of 1, 2, and 3 bedroom floor plans. Each of the units have been updated within the last few years; however, future ownership will have the opportunity to capture additional upside through continued interior and exterior renovations. The asset is situated with convenient access to Downtown Phoenix, Sky Harbor International Airport, and major transportation corridors including Loop 202 and I-10. The current cap rate is 7.15% and the seller would be open to carrying with 40% down. An offering memorandum including additional photos is available upon request.

2242 E Taylor Street, Phoenix
2140 W Heatherbrae Drive, Phoenix
$425,000
6 Beds ⋅ 3 Baths ⋅ 7074943 MLS
2140 W Heatherbrae is a high-demand, cash-flowing 3-unit multifamily property in Midtown Phoenix (85015). Featuring one single-story triplex with large 2-bed/1-bath units on a ±8,486 SF lot, it offers immediate rental upside and value-add potential for 1031 buyers. PROPERTY HIGHLIGHTS: UNITS: Three spacious 2-bed/1-bath layouts (1963 build). LAYOUT: One single-story triplex with private patios. FINANCIALS: Cash-flowing with strong value-add potential. PARKING & UTILITIES: 5 open spaces; individually metered electricity. LOCATION: Infill lot in Midtown Phoenix, near the 19th Ave / Camelback Light Rail. ACCESS: Minutes to I-17, I-10, SR-51, and Sky Harbor Airport.

2140 W Heatherbrae Drive, Phoenix
1005 E Moreland Street, Phoenix
$650,000
4 Beds ⋅ 4 Baths ⋅ 7074894 MLS
Live in the main home while collecting $2,190/month in rental income from two tenant-occupied guest houses! Located in the heart of the Garfield Historic District, offers historic charm, flexible living and built-in income just minutes from Downtown Phoenix. The main residence features 2 bedrooms & 2 bathrooms with new flooring, new windows, remodeled bathrooms, & fresh interior & exterior paint. Unit 2 rents for $1,295/month with a lease through March 31, 2027, and Unit 3 rents for $895/month with a lease through July 31, 2027. A rare opportunity to enjoy a move-in-ready home while rental income helps offset your monthly housing costs. Ideal for an owner occupant, investor, or anyone looking for additional income potential in one of Downtown Phx's most established historic neighborhoods. Buyers exploring FHA or other low down payment owner-occupied financing may find this especially compelling, subject to lender and property eligibility requirements. For investors, the property offers three separate living spaces in one of Central Phoenix's most recognizable historic neighborhoods, with two units already producing income and additional upside through the vacant main residence. The configuration also works well for multigenerational living, extended family, or a combination of personal use and rental income. Located just minutes from Downtown Phoenix, Roosevelt Row, Banner University Medical Center, dining, entertainment, major employment centers, freeways, and Phoenix Sky Harbor International Airport, this is the type of central infill property that is increasingly difficult to replicate. Historic character, existing rental income, and multiple paths for occupancy make 1005 E Moreland St a standout opportunity for buyers looking to live, invest, or do both.

1005 E Moreland Street, Phoenix

Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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