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2020 W Orangewood Avenue, Phoenix
$3,895,000
28 Beds ⋅ 41 Baths ⋅ 7004263 MLS
The Mojave is a 27-unit, garden-style multifamily community located in Phoenix, AZ. Originally constructed in 1986 and extensively renovated in 2022, current and previous ownership has invested over $680,000 in capex into the property including a full interior renovation package on all 27 units (all with washer/dryer), new roof, asphalt replacement, upgraded landscaping, exterior painting and fencing, more. Even with significant capital improvements made over the past 5 years, new ownership can capture immediate upside by replacing the grass area with artificial turf, which will generate an estimated $5,000 to $10,000 in annual expense savings. This is a compelling opportunity for investors seeing a true turnkey, cash flowing asset with additional upside potential.

2020 W Orangewood Avenue, Phoenix

Courtesy of Matthews of Arizona. milton.braasch@matthews.com

1063 N July Circle, Mesa
$575,000
4 Beds ⋅ 3 Baths ⋅ 7002732 MLS
Prime Investment Opportunity! This fully remodeled duplex in North Mesa delivers an impressive 8% cap rate and multiple high-performing rental strategies. Situated on a quiet July Circle cul-de-sac, this property features two updated units designed for strong, consistent cash flow and minimal vacancy. Both units offer modern finishes, efficient layouts, and private backyard spaces--ideal for traditional long-term tenants, furnished mid-term rentals, traveling professionals, or even a pad-split configuration to maximize income. With ample parking and low-maintenance landscaping, this property is built for streamlined management and stable returns. A turnkey, high-yield asset--opportunities like this are rare! For an owner occupant ask us about the $5K grant available for this duplex! This building is by far the best looking building in the neighborhood with endless possibilities.

1063 N July Circle, Mesa

Courtesy of Realty ONE Group. 480-321-8100

615 Jordan Road, Sedona
$1,999,999
7 Beds ⋅ 6997646 MLS
Are you looking for a Multi-family in Sedona? Look no further, you found the unicorn! This large, beautiful & walkable Fourplex sits in the heart of Uptown, and is an active, renovated, furnished and turnkey high-performing Airbnb. Although from the 80's, this building has had successive owners who have taken great care of it, and have always been on top of all the maintenance. HVAC was upgraded in 2025 for all 4 units, roof is only a few years old, and all units undergo weekly deep cleans during guest turnovers. Three units are 2bd/1ba, and one unit is 1bd/1ba. The plot of land is over half an acre, and its current zoning allows for the addition of TWO MORE units, giving this property the ability to scale up to a Commercial size & valuation. Did anyone say Boutique Hotel ?... Short-term rental revenue totals & projections over $200,000 per year with current 4 units. Two new units could be built on top of the carports for maximizing Uptown red rock views intake & marketability. Units could be split into condos to ensure STR capability for every unit individually. Projections over $350,000/yr in this scenario. Existing development bid at around $300/sqft available upon request. Owner May Carry at low interest rate with large down payment.

615 Jordan Road, Sedona

Courtesy of Realty ONE Group Mountain Desert. 928-862-4035

1021 E Fairmount Avenue, Phoenix
$1,895,000
13 Beds ⋅ 8 Baths ⋅ 6997176 MLS
1017 -1031 E Fairmount is an 8-unit apartment community located in the highly desirable Midtown Phoenix submarket. Built in 1966, The unit mix consists of (3) 1x1 units, (3) 2x1 units, and (2) 2x1.5 units, with an average rent of $1,528. 6 of the 8 units have been fully renovated with thoughtful, durable improvements including luxury vinyl plank flooring, quartz countertops, workstation-style extra-wide sinks, mini range hoods, updated light fixtures, and refreshed bathrooms featuring new tubs, tile backsplash, and modern vanities. All units offering in-suite washer/dryer or dedicated W/D access. The property also features large private front and backyards, 3 private garages, 2 covered carport spaces, and lush landscaping. 6.03% cap rate on current financials.

1021 E Fairmount Avenue, Phoenix

Courtesy of Matthews Real Estate Investment Services. 310-388-0788

9027 N 11th Street, Phoenix
$599,900
6 Beds ⋅ 3 Baths ⋅ 6996997 MLS
Located minutes from Downtown Phoenix, this well-maintained triplex in Phoenix, Arizona offers a great investment opportunity with strong rental potential. Each of the three units features approximately 900 sq ft, 2 bedrooms and 1 bathroom, high ceilings, and recently remodeled interiors that create a bright, modern feel. Residents can enjoy mountain views along with the convenience of two dedicated parking spaces per unit. The property also offers easy access to major freeways, shopping, dining, and employment centers, making it attractive for long-term tenants. With its updated units, functional layouts, and desirable central location, this triplex is ideal for investors looking to grow their portfolio in one of Arizona's most in-demand rental markets.

9027 N 11th Street, Phoenix

Courtesy of HomeSmart. 602-230-7600

712 W Fillmore Street, Phoenix
$665,000
6 Beds ⋅ 4 Baths ⋅ 6996611 MLS
This offering includes a single-family home and a triplex in a prime infill location directly adjacent to Downtown Phoenix. It provides stable in-place income with upside through renovation and rent growth. Recent capital improvements include new electrical meters, new gas lines, and upgraded water lines throughout portions of the property. Additional upgrades include a new roof on the single-family home (2023), PEX lines, dual pane windows, mini-split AC systems installed in 2025, and a roof recoating on the triplex completed in 2025. The adjacent property at 718 W Fillmore is available as well. That property includes 2 fully renovated multifamily units. The properties may be acquired together or separately, providing investors flexibility to tailor the acquisition to their strategy.

712 W Fillmore Street, Phoenix

Courtesy of Orion Investment Real Estate. 480-634-6934

2238 E Taylor Street, Phoenix
$1,385,000
10 Beds ⋅ 100 Baths ⋅ 6989939 MLS
East Taylor is a 10-unit, garden-style multifamily community located in the urban core of Phoenix. Built in 1943, the property consists entirely of one-bedroom/one-bath units with durable tile or vinyl flooring and has benefited from ongoing capital improvements. The asset offers clear value-add potential through interior modernization, addition of private yard spaces, and covered parking to support rent growth. Amenities include gated access, on-site laundry, and off-street parking. Positioned near Phoenix Sky Harbor International Airport, Valley Metro Rail, and Valleywise Health Medical Center, the property benefits from strong workforce housing demand. Located within a designated Opportunity Zone, it presents both income growth and long-term tax advantages.

2238 E Taylor Street, Phoenix

Courtesy of My Home Group Real Estate. 480-685-2760

3302 W Northern Avenue, Phoenix
$705,000
11 Beds ⋅ 4 Baths ⋅ 6989127 MLS
Turnkey cash-flowing fourplex in a prime Phoenix location! This fully renovated property is a low-maintenance gem with all major upgrades handled: brand-new roof, all HVAC units replaced under current ownership, new water heaters, and a freshly painted exterior. Excellent unit mix consisting of (1) 3BD/2BA unit, (2) 3BD/1BA units and (1) 2BD/1BA unit. Every unit is updated with modern finishes, including LVP or tile flooring (no carpet) and ceiling fans. Spacious layouts feature full appliance packages and private balconies/patios. Rare four-car garage provides dedicated tenant parking and storage. Ideally located near the I-17 for fast access to Downtown Phoenix, GCU, and Glendale events. Meticulously maintained with strong tenant demand. Perfect for a 1031 exchange or owner-occupant!

3302 W Northern Avenue, Phoenix

Courtesy of Get Multifamily. 480-795-7938

1321 N 48th Place, Phoenix
$899,000
8 Beds ⋅ 4 Baths ⋅ 6988566 MLS
This high-yield, well-maintained fourplex in Phoenix is perfectly situated in a quiet cul-de-sac, just south of McDowell & 48th St. Featuring four 2-bedroom, 1-bathroom units, this turnkey property boasts durable block construction and ceramic tile flooring, along with several recent updates. With convenient access to major freeways, supermarket, stores, and located just across from elementary school, these units are highly desirable and in great demand. 4 UNITS FULLY OCCUPIED; Units 1 and 2 have just been remodeled/upgraded. Units 3 and 4 have long-term tenants. Roofing replaced in 2017. All water heaters are newer (2021-2025). Each unit has its own private patio as well as washer/dryer hook-ups. Separate storage room outside unit 4. Amazing 6.4% CAP.

1321 N 48th Place, Phoenix

Courtesy of HomeSmart. 602-230-7600

4220 N Granada Drive, Eloy
$925,000
16 Beds ⋅ 12 Baths ⋅ 6988556 MLS
*Residential Financing Opportunity* for 12 Units- 3 separate Parcels With Diverse Easy to Lease Unit Mix Of 4-2 Bedrooms 4- 1 Bedrooms and 4- Studio Apartments. Solid Block Construction With Well Maintained Roof and AC Units, Units Have Tile In Kitchen, Living and Full Baths With Tubs. All Units Have Private Back Doors, Lots Of Parking, Lighting and Coin Laundry On Site For Extra Income. Lots of Room On Rents, Market are $875+ for 2 Bedrooms $700+ for 1 Bedrooms and $550+ for Studios, Eloy is a growing manufacturing Hub with demand for housing. This is an opportunity to get in before the market climbs. All Facts and Figures Approximate, Buyer To Verify To Their Own Satisfaction

4220 N Granada Drive, Eloy

Courtesy of Better Homes & Gardens Real Estate SJ Fowler. 480-649-3536

1950 E Yale Street, Phoenix
$815,000
10 Beds ⋅ 4 Baths ⋅ 6984600 MLS
Excellent investment opportunity in the heart of Phoenix! This centrally located triplex offers strong rental appeal and immediate income potential, as all units are currently fully leased. The property features two units with 2 bedrooms and 1 bathroom, plus a spacious third unit offering 3 bedrooms and 2 bathrooms — ideal for attracting a variety of tenants. Each unit has been thoughtfully updated with modern finishes, including wood-look flooring, neutral color palettes, recessed lighting, and stylish kitchens complete with white shaker cabinetry, quartz countertops, stainless steel appliances, and tile backsplash. Residents enjoy private covered patios, front turf areas, and the convenience of in-unit washer and dryer — features that enhance tenant satisfaction and retention. Situated near major freeways, downtown Phoenix, Chase Field, ASU, Phoenix Children's Hospital, shopping, dining, and public transportation, this property offers both convenience and long-term desirability. Easy to manage and located in a high-demand rental corridor, this is an ideal addition to any investment portfolio. Don't miss this opportunity to own a well-maintained multi-family property in a prime central location!

1950 E Yale Street, Phoenix

Courtesy of Barrett Real Estate. 480-864-2100

10850 N Avenue 76e --, Dateland
$1,000,000
6978774 MLS
Introducing an extraordinary opportunity in Dateland, Arizona - the Children Of Light religious facility and 80 acres of pristine land! Are you searching for a place that combines tranquility, spirituality, and natural beauty? Purpose-Built Facility: The Children Of Light religious facility is designed to inspire and uplift. 80 Acres surrounded by stunning desert landscapes and breathtaking views. Whether you envision expanding the existing facilities, creating a retreat center, or developing a residential community, this property provides a canvas for your dreams to take shape. With the growing interest in wellness retreats, this not only fulfills your personal aspirations but also offers excellent investment opportunity.

10850 N Avenue 76e --, Dateland

Courtesy of Keller Williams Realty Sonoran Living. 480-948-3338

610 E San Juan Avenue, Phoenix
$895,000
5 Beds ⋅ 3 Baths ⋅ 6974438 MLS
Well-located duplex in Phoenix's Central Corridor offering a versatile residential and investment opportunity. The property features two separate residences consisting of a 2-bedroom, 1-bath unit and a larger 3-bedroom, 2-bath unit, each with private living spaces and thoughtful layouts. Recent improvements throughout the property deliver a clean, modern feel while maintaining long-term durability and ease of ownership. Currently fully occupied, this duplex provides immediate income with upside for future repositioning or owner-occupancy. Conveniently situated near dining, shopping, employment centers, and major transportation routes, this is a compelling option for buyers seeking stable cash flow in a highly desirable infill location.

610 E San Juan Avenue, Phoenix

Courtesy of Gentry Real Estate. 480-750-9910

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