Refine Search
Sort by
5038 N 18th Avenue, Phoenix
$570,000
9 Beds ⋅ 3 Baths ⋅ 7090472 MLS
Three-unit investment offered at $570,000 near Valley Metro Rail at 19th Avenue and Camelback. A main house and duplex total approximately 2,276 SF, configured as three 3BR/1BA units with nine furnished rentable rooms for PadSplit-style operations. Seller reports more than $120,000 in prior improvements, including kitchens, baths, flooring, windows, plumbing, electrical and lighting. Features include separate entrances, coded access and full-size laundry. Seller's October 7 rent report lists five occupied rooms at $805 per month each, totaling $4,025 in scheduled monthly rent; current occupancy and collections require verification. Seller reports missing front-house HVAC; installation has not been confirmed. Property and furnishings convey as-is. Buyer to verify all facts, income, expenses Three-unit investment offered at $570,000 near Valley Metro Rail at 19th Avenue and Camelback. A main house and duplex total approximately 2,276 SF, configured as three 3BR/1BA units with nine furnished rentable rooms for PadSplit-style operations. Seller reports more than $120,000 in prior improvements, including kitchens, baths, flooring, windows, plumbing, electrical and lighting. Features include separate entrances, coded access and full-size laundry. Seller's October 7 rent report lists five occupied rooms at $805 per month each, totaling $4,025 in scheduled monthly rent; current occupancy and collections require verification. Seller reports missing front-house HVAC; installation has not been confirmed. Property and furnishings convey as-is. Buyer to verify all facts, income, expenses, condition, legal unit/room configuration, permits, zoning and PadSplit requirements. See supplements for additional information.

5038 N 18th Avenue, Phoenix

Courtesy of Gerchick Real Estate. 602-688-9279

806 W Turney Avenue, Phoenix
$2,220,000
14 Beds ⋅ 14 Baths ⋅ 7090003 MLS
Melrose Flats is a 12-unit garden-style multifamily property built in 1956 with durable block construction, featuring a unit mix of (10) 1-bedroom / 1-bathroom units and (2) 2-bedroom / 2-bathroom units. Updated interiors showcase quartz countertops, modern cabinetry, stainless-steel appliances, and stained concrete flooring. Each unit is equipped with an in-unit washer and dryer and is individually metered for electricity. Community amenities include a spacious landscaped courtyard, covered on-site parking spaces, and additional storage units. Ideally situated along 7th Avenue in the heart of the Melrose District, the property offers residents convenient walkability to a variety of shopping, dining, and entertainment options.

806 W Turney Avenue, Phoenix

Courtesy of ABI Multifamily. 602-714-1400

519 N Chestnut St, Colorado Springs
$439,000
4900927 MLS
Turn-key, fully furnished West Side home with great investment potential next to Old Colorado City area! Boasting a strong history of rental income, this versatile property offers a prime opportunity to live in one home and rent the other. The main home features a nice balance of unique original character and modern comforts. Log pillars, exposed beams, and a custom hand-carved rollout counter and cabinet give the space its distinctive charm. The interior has a well-appointed queen bedroom, a full bath, and a full kitchen that flows into a breakfast bar area and comfortable living space. Designed to maximize natural light, the home features expansive windows and a skylight that invite a steady cross breeze. Outdoor living is equally effortless, offering a private patio and turf yard equipped with a propane grill and seating. Just across the large concrete patio sits Unit B, a fully equipped 550-square-foot house. This private secondary living space features a plush King bed, a full bathroom, a convenient kitchenette, a stackable washer/dryer, and a mini-split system for personalized heating and cooling. Skylights with built-in covers on the roof give seasonal flexibility. Outside, a small fence encloses its private, walk-out stamped concrete patio, creating a beautifully secluded retreat. The expansive 9,000 SF lot features alley access, mature trees and incredible investment flexibility. The R-2 zoning and lot layout provide multiple configurations for short-term rentals, long-term leasing, multi-generational living, space to build more or a combination. Property manager and host team is open to continuing management if needed. Final property enhancements are currently being completed, including fresh exterior paint and deck refinishing to ensure it is completely turn-key. Absolute prime location minutes from Downtown Colorado Springs, Manitou Springs, Garden of the Gods, Cheyenne Canyon, I-25, and Highway 24.

519 N Chestnut St, Colorado Springs

Courtesy of Fathom Realty Colorado LLC. 888-455-6040

7858 E Glenrosa Avenue, Scottsdale
$1,649,000
6 Beds ⋅ 6 Baths ⋅ 7089202 MLS
Located just steps from of Old Town Scottsdale, this one of a kind tri-plex offers a the PERFECT investment opportunity! Each unit is individually parceled, providing flexibility for future sale, financing, or hold strategies. Currently being leased as short term rentals, all units feature spacious 2 bed/2 bath loft-style layouts, complete with in-unit washer and dryers and dedicated covered parking. Live in one unit and rent the others with passive income! Designed for both comfort and functionality, the property appeals to today's short-term and extended-stay renters seeking convenience and privacy in a highly walkable, high demand location. With direct access to the greenbelt + access to Old Town's dining, shopping, nightlife, and entertainment this is truly a special property!

7858 E Glenrosa Avenue, Scottsdale

Courtesy of Compass. 480-776-1555

129 N Elm Street, Gilbert
$873,000
4 Beds ⋅ 2 Baths ⋅ 7089046 MLS
Wow! Fantastic Duplex sitting in the sought after Heritage District in downtown Gilbert. Essentially in the middle of the restaurants, entertainment and nightlife. This Twin Home has 2 units that are 2-BDRM 1 bath both with separate laundry. Both units are fully leased with long term tenants . RARE DOWNTOWN GILBERT DUPLEX - 8,799 SQ FT LOT -- MF/L ZONING - REMODELED UNIT - $3,095/MONTH CURRENT RENTS -PRIVATE YARDS -- 633 SQ FT GARAGE. Unit A has been fully remodeled and is approximately 756 Sq. Ft.! Unit B s approximately 1021 Sq. Ft.. The additional value in is the location, this is a rare downtown Gilbert land/property holding that produces $37,140/year in rents with long-term redevelopment potential. See Document Tab for additional property information. Do not Disturb Tenants!!

129 N Elm Street, Gilbert

Courtesy of New Perspective Realty. 480-788-9280

724-726 Pioneer Ln, Colorado Springs
$625,000
4821799 MLS
Westside two-story duplex, side-by-side with flipped layouts. The main-level living room features a fireplace with built-in bookshelves on both sides. The kitchen is spacious with lots of cabinets, newer appliances, a large island for bar stools, dining area and ceiling fan. Half bath with vanity counter. Laundry room, washer and dryer included. Each unit enjoys a private back patio. Upstairs, two large bedrooms with double closets and a full bathroom with double sinks vanity. The main bedroom offers access to a shared balcony with fantastic views of Pikes Peak. Both units feature newer carpet. Unit 724 is unoccupied—perfect for an owner-occupant unit. This side features a bright, all-white interior with white cabinetry, silver accents, and access to a full, unfinished basement ideal for storage or a workout space. The backyard is currently gravel, offering great potential for customization. Unit 726 is tenant-occupied and features warm, dark wood trim and cabinetry, brass accents, and stainless steel and black appliances. Has a fenced-in yard. Conveniently located near schools, parks, shopping, & entertainment, with easy access to I25, this property offers an appealing combination of accessibility & lifestyle convenience. This duplex presents an excellent opportunity for investors seeking rental income or buyers looking to live in one unit while generating income from the other. The combination of updated finishes, functional layouts, outdoor living spaces, & ideal location makes this property a wonderful addition to any investment portfolio.

724-726 Pioneer Ln, Colorado Springs

Courtesy of RE/MAX Real Estate Group LLC. 719-534-7900

901 E Evans Ave Unit 903, Pueblo
$449,000
2822789 MLS
Discover a unique investment opportunity with this historic corner-lot triplex featuring three distinct units—a 1-bedroom/1-bath, 2-bedroom/1-bath, and 3-bedroom/1-bath—plus additional space offering exciting potential for future use. Four storage rooms provide opportunities for additional rental income or potential conversion into an additional unit, subject to applicable approvals and buyer verification. Each residence offers two private entrances for convenience and separation. The lower-level 1-bedroom features a modern open-concept layout with LVT flooring and a 3/4 bath with a walk-in shower. The middle 2-bedroom offers carpet and LVP flooring, a full bath, separate living and dining areas, and exclusive access to a fenced side yard. The upper 3-bedroom includes a dedicated mudroom, open kitchen and living space, and access to the shared backyard. Additional features include rock landscaping, private outdoor spaces, and shared laundry with a card-operated washer and coin-operated dryer that convey.

901 E Evans Ave Unit 903, Pueblo

Courtesy of Keller Williams Performance Realty. 719-583-1100

1019 N Elizabeth St, Pueblo
$245,000
4616431 MLS
Duplex With Great Rental History. Hurry, this property won't last long! Each side of this beautifully updated duplex features 2 spacious bedrooms, 1 fully renovated bathroom, and convenient in-unit washer/dryer hookups. Both the kitchens and bathrooms have been completely modernized with high-end finishes, updated cabinetry, and fresh fixtures throughout. In addition to the interior upgrades, this property is fully fenced with private backyards for each unit. Situated in a highly desirable neighborhood close to top-rated schools, parks, shopping, and public transit, it consistently maintains 100% occupancy with long-term, reliable tenants. With strong current cash flow and significant upside potential for rental increases, this turn-key investment is an incredible opportunity for both seasoned investors and first-time buyers alike.

1019 N Elizabeth St, Pueblo

Courtesy of Realty One Group Premier. 303-798-4300

330 Vehr Dr, Colorado Springs
$619,346
2625743 MLS
Excellent investment opportunity with a strong income history and extensive recent improvements! This well-maintained multifamily property offers an attractive combination of established rental performance, updated interiors, and major system upgrades—making it a compelling addition to any rental portfolio. All units have undergone kitchen and bathroom remodels within the last two years, along with new flooring and additional interior updates that provide a clean, modern feel while helping minimize near-term capital expenses. Kitchens feature updated cabinetry, countertops, appliances and finishes, while refreshed bathrooms and durable flooring create comfortable, appealing living spaces for tenants. Major property improvements include a newer roof and boiler, adding even more value and peace of mind for the next owner. The functional unit layouts offer comfortable living areas, well-equipped kitchens and abundant natural light. Several units also enjoy access to private or semi-private decks, providing valuable outdoor living space that tenants will appreciate. Outside, the property offers fenced backyard space with mature trees and room for residents to enjoy the outdoors. Off-street parking provides additional convenience. With a proven income history, substantial renovations already completed, and major building systems recently updated, this property offers an excellent opportunity for an investor looking for a stabilized multifamily asset with reduced immediate maintenance and renovation needs. Conveniently located near shopping, dining, employment, schools and major transportation routes, the property is positioned for continued rental demand. Whether you're expanding an existing portfolio or looking for a strong income-producing property, this is an opportunity you won't want to miss. Schedule your showing today!

330 Vehr Dr, Colorado Springs

Courtesy of Better Homes and Gardens Real Estate Kenney & Company. 719-550-1515

1334 E Flower Street, Phoenix
$1,115,000
6 Beds ⋅ 4 Baths ⋅ 7087259 MLS
RARE HISTORIC PHOENIX ESTATE with THREE SEPARATE HOMES on one expansive property! Assumable VA loan at 2.875%, approx. $750k balance! This Pueblo Revival gem offers 3,666 SF of total livable space. The main residence features 3 beds, 2 baths + office (2,274 SF), plus TWO private casitas: a newly built 1 bed/1 bath (496 SF) and a 2 bed/1 bath (896 SF). Each residence has dedicated parking, fenced yard + laundry--ideal for multigenerational living, guests or rental income. Historic charm shines through Saltillo tile, wood floors, fireplace + soaring cove ceilings, while the remodeled kitchen adds modern functionality and timeless charm. Private courtyards, covered patios + sparkling pool complete this truly one-of-a-kind Phoenix property!

1334 E Flower Street, Phoenix

Courtesy of Realty ONE Group. 480-315-1240

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

Courtesy of My Home Group Real Estate. 602-399-2748

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.


The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS.

How much is your home worth?

Get instant property value now!