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Discover a fully updated triplex in a prime Phoenix location—an exceptional investment opportunity you won't want to miss. This well-maintained building features two renovated 1-bed/1-bath units and one spacious and updated 2-bed/1-bath unit, offering strong rental versatility and appeal. Each unit has been thoughtfully refreshed with modern finishes, creating comfortable, move-in-ready living spaces. The property includes covered parking, low-maintenance landscaping, and easy access to some of the area's best amenities. Just minutes from Papago Park, the Phoenix Zoo, and SR-143, residents enjoy quick commutes, outdoor recreation, and countless attractions at their doorstep.

4 Beds ⋅ 3 Baths ⋅ 6956843 MLS

Discover a fully updated triplex in a prime Phoenix location—an exceptional investment opportunity you won't want to miss. This well-maintained building features two renovated 1-bed/1-bath units and one spacious and updated 2-bed/1-bath unit, offering strong rental versatility and appeal. Each unit has been thoughtfully refreshed with modern finishes, creating comfortable, move-in-ready living spaces. The property includes covered parking, low-maintenance landscaping, and easy access to some of the area's best amenities. Just minutes from Papago Park, the Phoenix Zoo, and SR-143, residents enjoy quick commutes, outdoor recreation, and countless attractions at their doorstep.

4838 E Willetta Street, Phoenix

Courtesy of eXp Realty. 888-897-7821

$569,900

Discover a fully updated triplex in a prime Phoenix location—an exceptional investment opportunity you won't want to miss. This well-maintained building features two renovated 1-bed/1-bath units and one spacious and updated 2-bed/1-bath unit, offering strong rental versatility and appeal. Each unit has been thoughtfully refreshed with modern finishes, creating comfortable, move-in-ready living spaces. The property includes covered parking, low-maintenance landscaping, and easy access to some of the area's best amenities. Just minutes from Papago Park, the Phoenix Zoo, and SR-143, residents enjoy quick commutes, outdoor recreation, and countless attractions at their doorstep.

4 Beds ⋅ 1 Baths ⋅ 6956807 MLS

Discover a fully updated triplex in a prime Phoenix location—an exceptional investment opportunity you won't want to miss. This well-maintained building features two renovated 1-bed/1-bath units and one spacious and updated 2-bed/1-bath unit, offering strong rental versatility and appeal. Each unit has been thoughtfully refreshed with modern finishes, creating comfortable, move-in-ready living spaces. The property includes covered parking, low-maintenance landscaping, and easy access to some of the area's best amenities. Just minutes from Papago Park, the Phoenix Zoo, and SR-143, residents enjoy quick commutes, outdoor recreation, and countless attractions at their doorstep.

4832 E Willetta Street, Phoenix

Courtesy of eXp Realty. 888-897-7821

$3,300,000

Hazelwood Apartments is a 24-unit garden-style community built in 1985 in Central Phoenix, featuring (8) one-bedroom and (16) two-bedroom units, all individually metered for electricity. Amenities include on-site laundry and 34 parking spaces. Twenty-five percent of the units are subject to a HUD LURA through 2030, requiring income-qualified tenants and restricted rents, while the remaining units operate at market rates. Located near the light rail corridor, GCU, and major employment centers, the property benefits from infill development and strong rental demand. Light value-add potential exists through interior upgrades, enhanced curb appeal, and modernization of common areas, supporting long-term stability and operational upside.

40 Beds ⋅ 24 Baths ⋅ 6955610 MLS

Hazelwood Apartments is a 24-unit garden-style community built in 1985 in Central Phoenix, featuring (8) one-bedroom and (16) two-bedroom units, all individually metered for electricity. Amenities include on-site laundry and 34 parking spaces. Twenty-five percent of the units are subject to a HUD LURA through 2030, requiring income-qualified tenants and restricted rents, while the remaining units operate at market rates. Located near the light rail corridor, GCU, and major employment centers, the property benefits from infill development and strong rental demand. Light value-add potential exists through interior upgrades, enhanced curb appeal, and modernization of common areas, supporting long-term stability and operational upside.

2234 W Hazelwood Street, Phoenix

Courtesy of ABI Multifamily. 602-714-1400

$749,000

Fully occupied fourplex at the end of a cul-de-sac in East Sunnyslope, offered at $749,000. Three 1BR units and one 2BR unit feature slump-block construction, ceramic-tile interiors and private fenced patios or yards. A new asphalt-shingle roof with a reported transferable warranty and low-maintenance landscaping support ownership. Current OM underwriting shows $33,573 normalized NOI and a 4.48% cap rate; the market-rent pro forma shows $45,727 NOI and 6.11%. Convenient access to SR-51 and Central Phoenix employment, healthcare, shopping and recreation. No seller financing. Do not disturb tenants. Buyer to verify rents, expenses, condition, warranty and all information. 822 E Carol Avenue is a four-unit property in East Sunnyslope with three one-bedroom residences and one two-bedroom residence. All four are reported occupied. The approximately 1,776-SF building occupies an approximately 6,970-SF site. Features include slump-block construction, ceramic-tile interiors, private fenced patios or yards, low-maintenance desert landscaping and a new asphalt-shingle roof with a reported transferable warranty. The current OM uses its July 2026 rent schedule: $3,565 monthly base rent plus $225 monthly utility reimbursements, totaling $3,790. Annual base rent is $42,780 and reimbursements are $2,700, producing $45,480 gross potential income. A 3% economic vacancy allowance produces approximately $44,116 effective gross income, despite reported 100% physical occupancy. Normalized current expenses total $10,543: taxes $766, insurance $1,748, management $3,529, repairs $1,200, water/sewer/trash $2,300, landscaping $400 and other expenses $600. Current normalized NOI is $33,573, a 4.48% cap rate at the $749,000 asking price. These are underwriting assumptions and should be reconciled with current leases, collections and invoices. The illustrative market-rent case assumes $1,100 monthly for each one-bedroom unit and $1,400 for the two-bedroom unit. Reimbursements remain $2,700 annually; economic vacancy remains 3%; management remains 8% of effective gross income. Pro forma effective gross income is $57,327, expenses are $11,600 and NOI is $45,727, producing a 6.11% cap rate. Future rent changes are subject to existing leases and market conditions. The location offers access to SR-51, Central Phoenix employment, healthcare, retail and mountain recreation. Seller financing is not available. Please do not disturb tenants. Complete tenant leases are provided only after the property is under contract to protect tenant privacy. Disclaimer: Information is believed reliable but is not guaranteed. Buyer must independently verify all facts, figures, income, expenses, leases, occupancy, measurements, condition, zoning and permitted uses. Pro forma rents, returns and financing illustrations are estimates, not guarantees. Offering is subject to errors, omissions, prior sale, changes in price or terms and withdrawal without notice.

5 Beds ⋅ 4 Baths ⋅ 6952059 MLS

Fully occupied fourplex at the end of a cul-de-sac in East Sunnyslope, offered at $749,000. Three 1BR units and one 2BR unit feature slump-block construction, ceramic-tile interiors and private fenced patios or yards. A new asphalt-shingle roof with a reported transferable warranty and low-maintenance landscaping support ownership. Current OM underwriting shows $33,573 normalized NOI and a 4.48% cap rate; the market-rent pro forma shows $45,727 NOI and 6.11%. Convenient access to SR-51 and Central Phoenix employment, healthcare, shopping and recreation. No seller financing. Do not disturb tenants. Buyer to verify rents, expenses, condition, warranty and all information. 822 E Carol Avenue is a four-unit property in East Sunnyslope with three one-bedroom residences and one two-bedroom residence. All four are reported occupied. The approximately 1,776-SF building occupies an approximately 6,970-SF site. Features include slump-block construction, ceramic-tile interiors, private fenced patios or yards, low-maintenance desert landscaping and a new asphalt-shingle roof with a reported transferable warranty. The current OM uses its July 2026 rent schedule: $3,565 monthly base rent plus $225 monthly utility reimbursements, totaling $3,790. Annual base rent is $42,780 and reimbursements are $2,700, producing $45,480 gross potential income. A 3% economic vacancy allowance produces approximately $44,116 effective gross income, despite reported 100% physical occupancy. Normalized current expenses total $10,543: taxes $766, insurance $1,748, management $3,529, repairs $1,200, water/sewer/trash $2,300, landscaping $400 and other expenses $600. Current normalized NOI is $33,573, a 4.48% cap rate at the $749,000 asking price. These are underwriting assumptions and should be reconciled with current leases, collections and invoices. The illustrative market-rent case assumes $1,100 monthly for each one-bedroom unit and $1,400 for the two-bedroom unit. Reimbursements remain $2,700 annually; economic vacancy remains 3%; management remains 8% of effective gross income. Pro forma effective gross income is $57,327, expenses are $11,600 and NOI is $45,727, producing a 6.11% cap rate. Future rent changes are subject to existing leases and market conditions. The location offers access to SR-51, Central Phoenix employment, healthcare, retail and mountain recreation. Seller financing is not available. Please do not disturb tenants. Complete tenant leases are provided only after the property is under contract to protect tenant privacy. Disclaimer: Information is believed reliable but is not guaranteed. Buyer must independently verify all facts, figures, income, expenses, leases, occupancy, measurements, condition, zoning and permitted uses. Pro forma rents, returns and financing illustrations are estimates, not guarantees. Offering is subject to errors, omissions, prior sale, changes in price or terms and withdrawal without notice.

822 E Carol Avenue, Phoenix

Courtesy of Gerchick Real Estate. 602-688-9279

$850,000

Unlock the potential of this prime multifamily-zoned parcel—perfectly positioned on highly traveled Power Road in one of the most desirable and fast-growing corridors of Chandler Heights, just moments from booming San Tan Valley. This location is built for profitability. With demand for rental housing at an all-time high, the possibilities for income-producing units, small multifamily builds, or mixed-use concepts are endless. Envision a thriving community, strong rental returns, and long-term appreciation in an area where growth isn't slowing down—it's accelerating. Secure this strategic investment opportunity now and build the future of your portfolio. All parcels total 1.31 acres.

5 Beds ⋅ 5 Baths ⋅ 6952018 MLS

Unlock the potential of this prime multifamily-zoned parcel—perfectly positioned on highly traveled Power Road in one of the most desirable and fast-growing corridors of Chandler Heights, just moments from booming San Tan Valley. This location is built for profitability. With demand for rental housing at an all-time high, the possibilities for income-producing units, small multifamily builds, or mixed-use concepts are endless. Envision a thriving community, strong rental returns, and long-term appreciation in an area where growth isn't slowing down—it's accelerating. Secure this strategic investment opportunity now and build the future of your portfolio. All parcels total 1.31 acres.

26311 S Power Road, Queen Creek

Courtesy of Berkshire Hathaway HomeServices Arizona Properties. 480-467-4900

$780,000

Discover an exceptional investment opportunity in the heart of Central Phoenix! This well-maintained four-plex, built in 2003, features four identical 2-bedroom, 1-bath units, each offering approximately 797 sq ft of thoughtfully designed living space. Inside, each unit showcases modern kitchens with built-in appliances and wood cabinetry. A soothing color palette and durable tile flooring create a clean, cohesive look that appeals to long-term tenants. The property also offers ample on-site parking and easy-care desert landscaping, making it simple to maintain. Ideally located just minutes from the light rail, schools, shopping, popular dining, and major freeways, this property delivers both convenience and strong rental demand. Owner currently pays water, sewer, and trash, while . . . Tenants pay electricity, keeping operating expenses predictable. This is a rare chance to secure immediate cash flow with excellent future value in one of Phoenix's most sought-after rental markets. Drive-by only, please do not disturb tenants. No sign on the property.

8 Beds ⋅ 4 Baths ⋅ 6951436 MLS

Discover an exceptional investment opportunity in the heart of Central Phoenix! This well-maintained four-plex, built in 2003, features four identical 2-bedroom, 1-bath units, each offering approximately 797 sq ft of thoughtfully designed living space. Inside, each unit showcases modern kitchens with built-in appliances and wood cabinetry. A soothing color palette and durable tile flooring create a clean, cohesive look that appeals to long-term tenants. The property also offers ample on-site parking and easy-care desert landscaping, making it simple to maintain. Ideally located just minutes from the light rail, schools, shopping, popular dining, and major freeways, this property delivers both convenience and strong rental demand. Owner currently pays water, sewer, and trash, while . . . Tenants pay electricity, keeping operating expenses predictable. This is a rare chance to secure immediate cash flow with excellent future value in one of Phoenix's most sought-after rental markets. Drive-by only, please do not disturb tenants. No sign on the property.

7549 N 21st Avenue, Phoenix

Courtesy of AZ Flat Fee. 480-771-1511

$549,000

Cash Cow Duplex, UPDATED, 2 BR, 1 BA Units. Updates include Kitchens and Baths, Central AC's! Sharp looking freshly painted exterior.Tenants Pay Utilities and handle landscaping. Tenants are now Month to Month, giving you the flexibility to keep or change. You might even look into FHA owner occupied financing. Plenty of off-street parking on solid concrete pads. Sign up soon. Do not disturb tenants.

4 Beds ⋅ 2 Baths ⋅ 6951102 MLS

Cash Cow Duplex, UPDATED, 2 BR, 1 BA Units. Updates include Kitchens and Baths, Central AC's! Sharp looking freshly painted exterior.Tenants Pay Utilities and handle landscaping. Tenants are now Month to Month, giving you the flexibility to keep or change. You might even look into FHA owner occupied financing. Plenty of off-street parking on solid concrete pads. Sign up soon. Do not disturb tenants.

1322 W North Lane, Phoenix

Courtesy of Coldwell Banker Realty. 602-954-6888

$1,299,000

100% OCCUPIED + FULLY UPDATED ELECTRICAL & WIRING. Fully renovated 10-unit multifamily asset in the highly desirable Uptown Phoenix submarket. The property features a compelling unit mix across two contiguous parcels and benefits from approximately $355,000 of capital improvements completed over the last 1.5 years. With strong leasing momentum, stabilized operations, and market rent upside, this property is well-positioned for both yield-focused and appreciation-driven investors.

12 Beds ⋅ 10 Baths ⋅ 6951020 MLS

100% OCCUPIED + FULLY UPDATED ELECTRICAL & WIRING. Fully renovated 10-unit multifamily asset in the highly desirable Uptown Phoenix submarket. The property features a compelling unit mix across two contiguous parcels and benefits from approximately $355,000 of capital improvements completed over the last 1.5 years. With strong leasing momentum, stabilized operations, and market rent upside, this property is well-positioned for both yield-focused and appreciation-driven investors.

8910-8912 N 3rd Street, Phoenix

Courtesy of The Broker Reserve LLC. 480-313-3234

$1,299,000

Rare opportunity to purchase a R-4 (High Density) zoned multi family land and homes with frontage on Spence Ave in the heart of ASU campus. Listing included two residential houses, next to each out, zoned for high density multifamily. Nestled in a robust infill Arizona State location, this property is a beacon for savvy investors seeking unparalleled opportunities. Walk to Campus. Unmatched demographics include over 350,000 population count within a five-mile radius. Parcel numbers 133-09-045 and 133-09-055 **Buyer to verify all facts, figures, schools & measurements**

6950797 MLS

Rare opportunity to purchase a R-4 (High Density) zoned multi family land and homes with frontage on Spence Ave in the heart of ASU campus. Listing included two residential houses, next to each out, zoned for high density multifamily. Nestled in a robust infill Arizona State location, this property is a beacon for savvy investors seeking unparalleled opportunities. Walk to Campus. Unmatched demographics include over 350,000 population count within a five-mile radius. Parcel numbers 133-09-045 and 133-09-055 **Buyer to verify all facts, figures, schools & measurements**

1229 E Spence Avenue, Tempe

Courtesy of Realty ONE Group. 623-236-1414

$3,780,000

Introducing Signature 18, a gated community in the heart of Phoenix, offering a 8% ACTUAL cap rate (T-4) of 2026. Located near Abrazo Hospital, Christown Spectrum Mall, and major transit, the property blends urban access with a quiet, private setting. Recent improvements include desert landscaping, repaved parking, refreshed exterior paint, LED motion lighting, upgraded security cameras, modern gate locks, new stainless appliances, in-unit washers/dryers, roof resealing, and upgraded pool equipment. A new dog run enhances resident appeal, making this a true turn-key investment with strong cash flow and long-term efficiency.

40 Beds ⋅ 26 Baths ⋅ 6946527 MLS

Introducing Signature 18, a gated community in the heart of Phoenix, offering a 8% ACTUAL cap rate (T-4) of 2026. Located near Abrazo Hospital, Christown Spectrum Mall, and major transit, the property blends urban access with a quiet, private setting. Recent improvements include desert landscaping, repaved parking, refreshed exterior paint, LED motion lighting, upgraded security cameras, modern gate locks, new stainless appliances, in-unit washers/dryers, roof resealing, and upgraded pool equipment. A new dog run enhances resident appeal, making this a true turn-key investment with strong cash flow and long-term efficiency.

2014 W Berridge Lane, Phoenix

Courtesy of HomeSmart. 602-230-7600

$365,000

this is owner/agent listing, Investor Opportunity! Multi-family property featuring 4 total units. Main house offers 4 beds, 2 baths, plus a smaller detached unit and 2 RVs in the backyard. The main house and both RVs are currently rented, generating $3,500/month in income with potential for $5,000.00 once the additional unit is leased. Ideal for investors or owner-occupants looking for cash flow from day one. Spacious lot with ample parking and versatile living options. Don't miss this high-income potential property!

5 Beds ⋅ 3 Baths ⋅ 6942834 MLS

this is owner/agent listing, Investor Opportunity! Multi-family property featuring 4 total units. Main house offers 4 beds, 2 baths, plus a smaller detached unit and 2 RVs in the backyard. The main house and both RVs are currently rented, generating $3,500/month in income with potential for $5,000.00 once the additional unit is leased. Ideal for investors or owner-occupants looking for cash flow from day one. Spacious lot with ample parking and versatile living options. Don't miss this high-income potential property!

10301 E Illini Street, Mesa

Courtesy of Planet Realty. 602-670-5484

$845,000

100% occupied - immediate income from all three residences Three-unit property - two three-bedroom units plus one casita $4,995 in total scheduled monthly income $19,219.29 in seller-reported recent improvements New 125-amp electrical panel and service upgrades Updated kitchens and bathrooms with attractive finishes Interior paint, doors, hardware, lighting and ceiling-fan improvements Individual washer and dryer in each unit Private residential setting with a shared BBQ and gathering area Strong North Phoenix location with established rental demand R-3 zoning on approximately 13,375 square feet of land Turnkey investment opportunity offering current stability and long-term potential Welcome to 316-322 E Vogel Ave, a fully occupied North Phoenix triplex offering immediate income, a desirable residential layout and substantial recent improvements. The property consists of two spacious three-bedroom residences plus one casita, providing a diversified unit mix that appeals to a broad tenant base. The current rent roll reflects $4,745 in monthly base rent plus $250 in utility and pet fees, producing total scheduled income of $4,995 per month, or $59,940 annually. All three residences are currently occupied, allowing an investor to acquire an income-producing property without an initial lease-up period. PROPERTY HIGHLIGHTS " Fully occupied three-unit investment " Two three-bedroom residences plus one casita " Approximately 3,691 square feet of building area " Approximately 13,375 square feet of land " R-3 multifamily residential zoning " Individual residential buildings offering tenants added privacy " Individual laundry facilities " Shared outdoor BBQ and gathering area " Convenient North Phoenix location within the 85020 ZIP code RECENT PROPERTY IMPROVEMENTS The most recent seller-provided capital-improvements summary reports $19,219.29 in repairs and upgrades. Improvements include: " New 125-amp electrical panel and electrical-service improvements " Interior repairs, texture and two-tone paint " Interior doors, closet doors, locks and hardware " Window repairs and replacement blinds " Kitchen cabinet refinishing, faucets, hardware and related improvements " Bathroom mirrors, accessories, fixtures and tub refinishing " Updated lighting and ceiling fans " Smoke and carbon-monoxide detectors " Garage motor and remote replacement " Sliding-door and closet improvements " General cleaning, safety and property-condition improvements The residences also feature updated kitchens and bathrooms, modern appliances, refreshed interiors and a combination of attractive tile and updated flooring. OUTDOOR AND STORAGE FEATURES A shared outdoor BBQ and gathering area provides residents with a comfortable space to relax and enjoy Arizona's outdoor lifestyle. Mature trees, shaded areas, brick walkways and low-maintenance landscaping contribute to the property's residential character. The property also includes two large gray storage sheds behind the casita and one permanent storage structure. These structures may provide additional storage utility or potential ancillary income, subject to buyer verification, lease terms and applicable municipal requirements. Seller has indicated that stored contents will be removed before closing. INVESTMENT OPPORTUNITY 316-322 E Vogel Ave combines full occupancy, three separate living environments, an established income stream and recent capital improvements. The mix of two three-bedroom units and one casita provides diversification while the separate-building configuration offers residents privacy that is uncommon in many small multifamily properties. This property may be well suited for an investor seeking an occupied North Phoenix multifamily asset with recent improvements and long-term income potential. Buyer to independently verify the rent roll, leases, income, expenses, improvements, permits, storage uses, property condition and all other facts and figures.

7 Beds ⋅ 404 Baths ⋅ 6935184 MLS

100% occupied - immediate income from all three residences Three-unit property - two three-bedroom units plus one casita $4,995 in total scheduled monthly income $19,219.29 in seller-reported recent improvements New 125-amp electrical panel and service upgrades Updated kitchens and bathrooms with attractive finishes Interior paint, doors, hardware, lighting and ceiling-fan improvements Individual washer and dryer in each unit Private residential setting with a shared BBQ and gathering area Strong North Phoenix location with established rental demand R-3 zoning on approximately 13,375 square feet of land Turnkey investment opportunity offering current stability and long-term potential Welcome to 316-322 E Vogel Ave, a fully occupied North Phoenix triplex offering immediate income, a desirable residential layout and substantial recent improvements. The property consists of two spacious three-bedroom residences plus one casita, providing a diversified unit mix that appeals to a broad tenant base. The current rent roll reflects $4,745 in monthly base rent plus $250 in utility and pet fees, producing total scheduled income of $4,995 per month, or $59,940 annually. All three residences are currently occupied, allowing an investor to acquire an income-producing property without an initial lease-up period. PROPERTY HIGHLIGHTS " Fully occupied three-unit investment " Two three-bedroom residences plus one casita " Approximately 3,691 square feet of building area " Approximately 13,375 square feet of land " R-3 multifamily residential zoning " Individual residential buildings offering tenants added privacy " Individual laundry facilities " Shared outdoor BBQ and gathering area " Convenient North Phoenix location within the 85020 ZIP code RECENT PROPERTY IMPROVEMENTS The most recent seller-provided capital-improvements summary reports $19,219.29 in repairs and upgrades. Improvements include: " New 125-amp electrical panel and electrical-service improvements " Interior repairs, texture and two-tone paint " Interior doors, closet doors, locks and hardware " Window repairs and replacement blinds " Kitchen cabinet refinishing, faucets, hardware and related improvements " Bathroom mirrors, accessories, fixtures and tub refinishing " Updated lighting and ceiling fans " Smoke and carbon-monoxide detectors " Garage motor and remote replacement " Sliding-door and closet improvements " General cleaning, safety and property-condition improvements The residences also feature updated kitchens and bathrooms, modern appliances, refreshed interiors and a combination of attractive tile and updated flooring. OUTDOOR AND STORAGE FEATURES A shared outdoor BBQ and gathering area provides residents with a comfortable space to relax and enjoy Arizona's outdoor lifestyle. Mature trees, shaded areas, brick walkways and low-maintenance landscaping contribute to the property's residential character. The property also includes two large gray storage sheds behind the casita and one permanent storage structure. These structures may provide additional storage utility or potential ancillary income, subject to buyer verification, lease terms and applicable municipal requirements. Seller has indicated that stored contents will be removed before closing. INVESTMENT OPPORTUNITY 316-322 E Vogel Ave combines full occupancy, three separate living environments, an established income stream and recent capital improvements. The mix of two three-bedroom units and one casita provides diversification while the separate-building configuration offers residents privacy that is uncommon in many small multifamily properties. This property may be well suited for an investor seeking an occupied North Phoenix multifamily asset with recent improvements and long-term income potential. Buyer to independently verify the rent roll, leases, income, expenses, improvements, permits, storage uses, property condition and all other facts and figures.

316 E Vogel Avenue, Phoenix

Courtesy of Gerchick Real Estate. 602-688-9279

$1,200,000

12 Beds ⋅ 12 Baths ⋅ 6933943 MLS

2505 E Monroe Street, Phoenix

Courtesy of SENW. 847-213-0789

$469,999

Each unit is Individually Metered Updated Duplex Investment Opportunity. White Shaker Cabinets, Vinyl Flooring, Tile bathroom surrounds and floors. Both Units have private backyards with laundry inside each unit. Previous Owner replaced both AC Units, and Hot Water Heaters. Both Units have similar finishes. 1 Bedroom Lease Ends 3-31-27 2 Bedroom VACANT

3 Beds ⋅ 2 Baths ⋅ 6918635 MLS

Each unit is Individually Metered Updated Duplex Investment Opportunity. White Shaker Cabinets, Vinyl Flooring, Tile bathroom surrounds and floors. Both Units have private backyards with laundry inside each unit. Previous Owner replaced both AC Units, and Hot Water Heaters. Both Units have similar finishes. 1 Bedroom Lease Ends 3-31-27 2 Bedroom VACANT

453 W University Drive, Mesa

Courtesy of eXp Realty. 888-897-7821

$195,000

Listed is a quaint and recently renovated duplex located in Sierra Vista, AZ that provides an investor with the opportunity to add to their investment portfolio. Each unit features 2 bedrooms and 1 bathroom, providing comfortable living spaces for tenants. The eat-in kitchens come equipped with a gas range and refrigerator. Additional amenities include evaporative cooling, wall furnaces, and fenced backyards, offering security and privacy. Don't miss out on this potential investment opportunity in Sierra Vista.

4 Beds ⋅ 2 Baths ⋅ 6917169 MLS

Listed is a quaint and recently renovated duplex located in Sierra Vista, AZ that provides an investor with the opportunity to add to their investment portfolio. Each unit features 2 bedrooms and 1 bathroom, providing comfortable living spaces for tenants. The eat-in kitchens come equipped with a gas range and refrigerator. Additional amenities include evaporative cooling, wall furnaces, and fenced backyards, offering security and privacy. Don't miss out on this potential investment opportunity in Sierra Vista.

565 Graham Drive, Sierra Vista

Courtesy of Haymore Real Estate LLC. 520-458-2711

$445,000

Tenant-occupied. No interior access prior to an accepted contract. Please do not disturb tenants.

5 Beds ⋅ 5 Baths ⋅ 6916474 MLS

Tenant-occupied. No interior access prior to an accepted contract. Please do not disturb tenants.

19 W Fremont Street, Tombstone

Courtesy of Keller Williams Realty Phoenix. 480-839-6600

$639,900

Discover an exceptional investment opportunity at 1330 W Fillmore St, a fully renovated 4-unit garden-style property located in the rapidly improving Oakland Historic District. Originally built in 1959 & 1983, the property is comprised of (2) 1-Bedroom / 1-Bath Units and (2) 2-Bedroom / 1-Bath Units. In 2023, the entire community underwent a complete interior and exterior renovation including new flooring, cabinetry, appliances, countertops, doors, windows, paint, and more. Each unit also comes with its own in-unit washer & dryer, providing a highly desirable feature for tenants. The property is set within a gated community with an on-site parking area that was recently resurfaced, offering both convenience and security. Tenants enjoy sweeping city views and unbeatable access to Downtown Phoenix, the Grand Avenue Arts District, light rail, and major public transportation routes. Surrounded by countless dining, shopping, and entertainment options, 1330 W Fillmore St is ideally positioned for strong tenant demand and long-term growth.

6 Beds ⋅ 4 Baths ⋅ 6910698 MLS

Discover an exceptional investment opportunity at 1330 W Fillmore St, a fully renovated 4-unit garden-style property located in the rapidly improving Oakland Historic District. Originally built in 1959 & 1983, the property is comprised of (2) 1-Bedroom / 1-Bath Units and (2) 2-Bedroom / 1-Bath Units. In 2023, the entire community underwent a complete interior and exterior renovation including new flooring, cabinetry, appliances, countertops, doors, windows, paint, and more. Each unit also comes with its own in-unit washer & dryer, providing a highly desirable feature for tenants. The property is set within a gated community with an on-site parking area that was recently resurfaced, offering both convenience and security. Tenants enjoy sweeping city views and unbeatable access to Downtown Phoenix, the Grand Avenue Arts District, light rail, and major public transportation routes. Surrounded by countless dining, shopping, and entertainment options, 1330 W Fillmore St is ideally positioned for strong tenant demand and long-term growth.

1330 W Fillmore Street, Phoenix

Courtesy of JM Realty. 480-785-5612

$1,100,000

Excellent 8-unit multifamily investment located at 6306 W Maryland Ave in Glendale, AZ. This well-kept property features three separate buildings on a 14,000+ sq ft lot (0.32 acres), offering approx. 3,200 sq ft of total living space. Each unit includes 1 bedroom and 1 bathroom with rental potential of $1,100-$1,200/month. Built in 1963 and zoned R-3, the property offers ample parking and opportunity for future upgrades or expansion. Ideally situated near downtown Glendale, shopping, schools, and freeways. A strong cash-flowing asset perfect for any investor's portfolio.

8 Beds ⋅ 8 Baths ⋅ 6900707 MLS

Excellent 8-unit multifamily investment located at 6306 W Maryland Ave in Glendale, AZ. This well-kept property features three separate buildings on a 14,000+ sq ft lot (0.32 acres), offering approx. 3,200 sq ft of total living space. Each unit includes 1 bedroom and 1 bathroom with rental potential of $1,100-$1,200/month. Built in 1963 and zoned R-3, the property offers ample parking and opportunity for future upgrades or expansion. Ideally situated near downtown Glendale, shopping, schools, and freeways. A strong cash-flowing asset perfect for any investor's portfolio.

6306 W Maryland Avenue, Glendale

Courtesy of Realty ONE Group. 623-236-1414

$250,000

Historic building just south of Main St. Walking distance to City Hall, restaurants and more! Used to be a hotel and is currently a 2 story 4 plex. There are two 1 bedroom units and two 2 bedroom units All 4 are on a month to month lease. Each unit is individually metered and has their own electric, water, propane. All units are occupied but will need maintenance due to age. 2 irrigation shares are included with the property. All interior photos are from the same unit. Selling as is. Seller financing is an option.

6 Beds ⋅ 12 Baths ⋅ 6892166 MLS

Historic building just south of Main St. Walking distance to City Hall, restaurants and more! Used to be a hotel and is currently a 2 story 4 plex. There are two 1 bedroom units and two 2 bedroom units All 4 are on a month to month lease. Each unit is individually metered and has their own electric, water, propane. All units are occupied but will need maintenance due to age. 2 irrigation shares are included with the property. All interior photos are from the same unit. Selling as is. Seller financing is an option.

195 E 1st South Street S, St Johns

Courtesy of DenMar Realty. 480-507-7905

$449,000

Truly Historic Old Bisbee Adobe, Completely Restored, Two Stories, Two Separate 678 sq ft Apartments and Deeded Off-Street Parking. Believed to date back to 1898, originally built as a miners rooming house, now updated with 200 Amp Panel, Central Heat and AC, Mini-Splits, Metal Roof, all newer fixtures, appliances, plumbing, flooring and more. Set back from the road, and surrounded by mature trees. Both Apartments are Two Bedroom/One Bath, with their own In-Unit Washer/Dryer, Full Kitchens, separate entrances, electric meters and Covered Porch/Balcony.

4 Beds ⋅ 2 Baths ⋅ 6886227 MLS

Truly Historic Old Bisbee Adobe, Completely Restored, Two Stories, Two Separate 678 sq ft Apartments and Deeded Off-Street Parking. Believed to date back to 1898, originally built as a miners rooming house, now updated with 200 Amp Panel, Central Heat and AC, Mini-Splits, Metal Roof, all newer fixtures, appliances, plumbing, flooring and more. Set back from the road, and surrounded by mature trees. Both Apartments are Two Bedroom/One Bath, with their own In-Unit Washer/Dryer, Full Kitchens, separate entrances, electric meters and Covered Porch/Balcony.

634 Tombstone Canyon, Bisbee

Courtesy of Eliza Adams Real Estate. 518-755-3562

$2,999,000

Discover an unparalleled opportunity in the heart of Midtown Phoenix's Melrose District with this extraordinary 2.43-acre parcel of land, presenting a prime multifamily builder opportunity. Boasting approved plans for a 39-unit condominium/apartment building, this property is poised for immediate development. Special financing terms make this venture even more enticing, and with a remarkable 83 Walk Score, future residents will enjoy convenient access to a plethora of amenities. Don't miss out on this chance to shape the landscape of the vibrant Melrose District. Inquire about special seller financing! This is a rare and promising investment opportunity that awaits your vision and creativity.

6886048 MLS

Discover an unparalleled opportunity in the heart of Midtown Phoenix's Melrose District with this extraordinary 2.43-acre parcel of land, presenting a prime multifamily builder opportunity. Boasting approved plans for a 39-unit condominium/apartment building, this property is poised for immediate development. Special financing terms make this venture even more enticing, and with a remarkable 83 Walk Score, future residents will enjoy convenient access to a plethora of amenities. Don't miss out on this chance to shape the landscape of the vibrant Melrose District. Inquire about special seller financing! This is a rare and promising investment opportunity that awaits your vision and creativity.

519 W Glenrosa Avenue, Phoenix

Courtesy of Grigg's Group Powered by The Altman Brothers. 480-788-0929

$618,000

Nice 4 plex -Each unit is a 2 Bedroom 2 bath unit, with Washer /Dryer Hookups inside, tile throughout. Chain Link fenced Back yards for each unit with its own backdoor to the yards. New roof installed January 2025.

8 Beds ⋅ 8 Baths ⋅ 6865666 MLS

Nice 4 plex -Each unit is a 2 Bedroom 2 bath unit, with Washer /Dryer Hookups inside, tile throughout. Chain Link fenced Back yards for each unit with its own backdoor to the yards. New roof installed January 2025.

8190 W Serena Drive, Arizona City

Courtesy of Ivory Towers Realty. 520-466-6755

$2,100,000

Fully renovated, turn-key 12-unit multifamily asset located in the heart of vibrant Central Phoenix. This rare investment opportunity offers immediate cash flow and long-term upside in one of the city's most dynamic and accessible submarkets. Lamego Palms features spacious, thoughtfully updated two-bedroom, one-bathroom residences averaging approximately 900 square feet. Each unit offers modern finishes, upgraded kitchens and bathrooms, and an in-unit washer and dryer--premium amenities that enhance the resident experience and support strong tenant retention. The property also includes a detached bonus flex space equipped with plumbing and electrical, offering additional functionality and potential for an office, storage, or other ancillary use.

24 Beds ⋅ 72 Baths ⋅ 6865139 MLS

Fully renovated, turn-key 12-unit multifamily asset located in the heart of vibrant Central Phoenix. This rare investment opportunity offers immediate cash flow and long-term upside in one of the city's most dynamic and accessible submarkets. Lamego Palms features spacious, thoughtfully updated two-bedroom, one-bathroom residences averaging approximately 900 square feet. Each unit offers modern finishes, upgraded kitchens and bathrooms, and an in-unit washer and dryer--premium amenities that enhance the resident experience and support strong tenant retention. The property also includes a detached bonus flex space equipped with plumbing and electrical, offering additional functionality and potential for an office, storage, or other ancillary use.

1942 W Berridge Lane, Phoenix

Courtesy of ABI Multifamily. 602-714-1400

$569,900

4-Plex FOR SALE in the heart of North Phoenix just minutes from Desert Ridge Marketplace, SR51, local schools & parks, shopping, & many other attractions. This deal perfect for an occupant! VA ASSUMABLE loan, see remarks. The unit mix is: one 1bed/1bath unit, one 2bed/2bath unit, one 2bed/1.5 bath TH style unit, & one 3bed/3bath unit. All units have generous square footage along w/W/D H/Us. Each unit has outdoor space w/either a ground level patio or a balcony. Monthly HOA dues INCL: common area maintenance, landscaping, community pool, parking enforcement, & gated access w/fob entry. 3 of 4 units occupied w/good paying tenants, Leases are MTM. DO NOT Disturb Tenants. Drive By ONLY. See documents tab, rents in attachment & listed in MLS are actual. Indiv. metered for water.

8 Beds ⋅ 8 Baths ⋅ 6855967 MLS

4-Plex FOR SALE in the heart of North Phoenix just minutes from Desert Ridge Marketplace, SR51, local schools & parks, shopping, & many other attractions. This deal perfect for an occupant! VA ASSUMABLE loan, see remarks. The unit mix is: one 1bed/1bath unit, one 2bed/2bath unit, one 2bed/1.5 bath TH style unit, & one 3bed/3bath unit. All units have generous square footage along w/W/D H/Us. Each unit has outdoor space w/either a ground level patio or a balcony. Monthly HOA dues INCL: common area maintenance, landscaping, community pool, parking enforcement, & gated access w/fob entry. 3 of 4 units occupied w/good paying tenants, Leases are MTM. DO NOT Disturb Tenants. Drive By ONLY. See documents tab, rents in attachment & listed in MLS are actual. Indiv. metered for water.

2844 E Monte Cristo Avenue, Phoenix

Courtesy of ROI Asset Management Solutions. 602-770-8063

$1,350,000

This exceptional real estate opportunity consists of three parcels featuring two duplexes, three single-family homes, and a garage. A significant portion of the land remains vacant, offering ample space for future development. The property is zoned for multi-family use, proving potential for growth and expansion in a desirable area. This versatile investment is perfect for developers or investors looking to capitalize on the thriving local market. Don't miss the chance to explore the possibilities this property has to offer!

15 Beds ⋅ 25 Baths ⋅ 6841463 MLS

This exceptional real estate opportunity consists of three parcels featuring two duplexes, three single-family homes, and a garage. A significant portion of the land remains vacant, offering ample space for future development. The property is zoned for multi-family use, proving potential for growth and expansion in a desirable area. This versatile investment is perfect for developers or investors looking to capitalize on the thriving local market. Don't miss the chance to explore the possibilities this property has to offer!

11507 N 79th Drive, Peoria

Courtesy of eXp Realty. 888-897-7821

$619,000

Great investment opportunity or Live in separate house and rent the triplex. Free standing 2 bedroom 1 bath home with a triplex behind home. Each apartment is 1 bedroom and 1 bath.

8 Beds ⋅ 7 Baths ⋅ 6833578 MLS

Great investment opportunity or Live in separate house and rent the triplex. Free standing 2 bedroom 1 bath home with a triplex behind home. Each apartment is 1 bedroom and 1 bath.

1449 E Fillmore Street, Phoenix

Courtesy of American Realty Brokers. 602-955-6606

$1,334,000

Welcome to this beautifully remodeled 4-plex located in the heart of vibrant Midtown Phoenix, currently operating as a successful CASH FLOWING Airbnb! Each unit has been thoughtfully updated with modern finishes while maintaining the charm of the original architecture. The spacious and well-maintained grounds offer ample parking and a community courtyard for relaxation. The location is ideal for short-term rentals, with close proximity to downtown Phoenix, popular local eateries, art galleries, and public transit. Whether for long-term tenants or vacationers, this 4-plex provides high rental demand in one of the city's most desirable areas.Currently being utilized as a successful Airbnb, this property generates consistent income with a strong track record of bookings, making it a perfect investment opportunity. Gross Profits for 2024 were $121,606, additional opportunity to potentially add additional units, single level, No HOA, LOW TAXES of $1490 for 2024. Biltmore/Arcadia Adjacent! ALL FURNITURE IS INCLUDED! Shared laundry on site! Don't miss out on this exceptional property in one of Phoenix's most sought-after neighborhoods!

5 Beds ⋅ 4 Baths ⋅ 6810283 MLS

Welcome to this beautifully remodeled 4-plex located in the heart of vibrant Midtown Phoenix, currently operating as a successful CASH FLOWING Airbnb! Each unit has been thoughtfully updated with modern finishes while maintaining the charm of the original architecture. The spacious and well-maintained grounds offer ample parking and a community courtyard for relaxation. The location is ideal for short-term rentals, with close proximity to downtown Phoenix, popular local eateries, art galleries, and public transit. Whether for long-term tenants or vacationers, this 4-plex provides high rental demand in one of the city's most desirable areas.Currently being utilized as a successful Airbnb, this property generates consistent income with a strong track record of bookings, making it a perfect investment opportunity. Gross Profits for 2024 were $121,606, additional opportunity to potentially add additional units, single level, No HOA, LOW TAXES of $1490 for 2024. Biltmore/Arcadia Adjacent! ALL FURNITURE IS INCLUDED! Shared laundry on site! Don't miss out on this exceptional property in one of Phoenix's most sought-after neighborhoods!

939 E Turney Avenue, Phoenix

Courtesy of AZREAPM. 602-712-9500

$449,000

Prime location for development! This large lot is located in the Phoenix Opportunity Zone and is near the light rail expansion in South Phoenix. It currently includes residential buildings and is zoned for high-density, multi-family. Approved site plans for seven to fourteen townhomes are included for 3-story townhomes and common area. Each unit features 2 bedrooms, 2.5 baths, a tandem 2 car garage and balcony. Conveniently situated close to both the I-10 and I-17, the property lies between South Mountain Park and downtown Phoenix, offering easy access to outdoor activities, events, shopping, dining, and effortless commuting throughout the valley.

28 Beds ⋅ 42 Baths ⋅ 6800371 MLS

Prime location for development! This large lot is located in the Phoenix Opportunity Zone and is near the light rail expansion in South Phoenix. It currently includes residential buildings and is zoned for high-density, multi-family. Approved site plans for seven to fourteen townhomes are included for 3-story townhomes and common area. Each unit features 2 bedrooms, 2.5 baths, a tandem 2 car garage and balcony. Conveniently situated close to both the I-10 and I-17, the property lies between South Mountain Park and downtown Phoenix, offering easy access to outdoor activities, events, shopping, dining, and effortless commuting throughout the valley.

3638 S 12th Street, Phoenix

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

$849,900

EXCEPTIONAL INVESTMENT OPPORTUNITY IN PRIME LOCATION! This 17-21 unit, two-story property, built in 1952, offers an outstanding value-add opportunity for savvy investors. The unit mix includes 17 studio apartments, a manager's quarters, and a front office. With interiors currently vacant and ready for renovation, this property is a blank canvas awaiting your vision. PRIME LOCATION ADVANTAGES: Strategic Access: Situated near US 60/Grand Avenue with easy connections to I-10, I-17, and Loop 202 for seamless commutes across the city. FUTURE GROWTH POTENTIAL: A planned light rail extension along Van Buren will place this property in a key transit-oriented area, enhancing accessibility and desirability. CONVENIENT PROXIMITY:Located just one mile west of downtown Phoenix and minutes from Phoenix Sky Harbor Airport, this property is ideally positioned for tenants seeking urban convenience. While the property requires a full remodel to address deferred maintenance, its competitive list price reflects its incredible upside potential. This is your chance to reimagine and revitalize a property in a thriving area with high rental demand. Visualize the Potential: To help showcase the property's possibilities, the listing may include virtually renovated photos, giving you a glimpse into how this space can be transformed into a modern, income-generating asset. Don't let this rare investment opportunity slip awayact quickly, as it won't last long!

20 Beds ⋅ 20 Baths ⋅ 6785949 MLS

EXCEPTIONAL INVESTMENT OPPORTUNITY IN PRIME LOCATION! This 17-21 unit, two-story property, built in 1952, offers an outstanding value-add opportunity for savvy investors. The unit mix includes 17 studio apartments, a manager's quarters, and a front office. With interiors currently vacant and ready for renovation, this property is a blank canvas awaiting your vision. PRIME LOCATION ADVANTAGES: Strategic Access: Situated near US 60/Grand Avenue with easy connections to I-10, I-17, and Loop 202 for seamless commutes across the city. FUTURE GROWTH POTENTIAL: A planned light rail extension along Van Buren will place this property in a key transit-oriented area, enhancing accessibility and desirability. CONVENIENT PROXIMITY:Located just one mile west of downtown Phoenix and minutes from Phoenix Sky Harbor Airport, this property is ideally positioned for tenants seeking urban convenience. While the property requires a full remodel to address deferred maintenance, its competitive list price reflects its incredible upside potential. This is your chance to reimagine and revitalize a property in a thriving area with high rental demand. Visualize the Potential: To help showcase the property's possibilities, the listing may include virtually renovated photos, giving you a glimpse into how this space can be transformed into a modern, income-generating asset. Don't let this rare investment opportunity slip awayact quickly, as it won't last long!

1945 W Van Buren Street, Phoenix

Courtesy of JM Realty. 480-785-5612

18202 Cave Creek Road Unit 5 units, Phoenix

$625,000

5-UNIT VALUE-ADD INVESTMENT OPPORTUNITY | $625,000 | Approx. $125,000 Per Unit Small portfolio. Big opportunity.Terrace, offering investors an opportunity to acquire a manageable workforce housing portfolio with future flexibility. Each residence is a 1-bedroom plus den / 1-bath floor plan (the den functions as a bedroom but does not have a window) and includes its own washer and dryer. Priced at $625,000--approximately $125,000 per unit--this portfolio is well suited for investors looking to expand an existing rental portfolio or establish a meaningful presence in the Phoenix workforce housing market.The projected income profile offers attractive risk-adjusted return potential for investors who understand value-add opportunities and active portfolio management.This is an unwarrantable condominium community, making conventional residential financing challenging. The ideal purchaser will utilize commercial financing, cash, a 1031 Exchange, private capital, or other investment strategies appropriate for this type of asset. Investment Highlights: Individually deeded condominium ownership allowing future resale flexibility. Professionally managed HOA. Renovated units with in-unit washer and dryer. Strong workforce housing demand in North Phoenix. Covered parking, community pool, on-site management office, barbecue area and convenient freeway access. Attractive entry point at approximately $125,000 per unit. This portfolio offers investors an opportunity to own income-producing real estate with operational upside while maintaining a manageable five-unit footprint. If you're looking for a pristine institutional asset, this isn't it. If you're looking for cash flow, upside, and know how to operate Class C workforce housing, let's talk.

5 Beds ⋅ 5 Baths ⋅ 6770097 MLS

5-UNIT VALUE-ADD INVESTMENT OPPORTUNITY | $625,000 | Approx. $125,000 Per Unit Small portfolio. Big opportunity.Terrace, offering investors an opportunity to acquire a manageable workforce housing portfolio with future flexibility. Each residence is a 1-bedroom plus den / 1-bath floor plan (the den functions as a bedroom but does not have a window) and includes its own washer and dryer. Priced at $625,000--approximately $125,000 per unit--this portfolio is well suited for investors looking to expand an existing rental portfolio or establish a meaningful presence in the Phoenix workforce housing market.The projected income profile offers attractive risk-adjusted return potential for investors who understand value-add opportunities and active portfolio management.This is an unwarrantable condominium community, making conventional residential financing challenging. The ideal purchaser will utilize commercial financing, cash, a 1031 Exchange, private capital, or other investment strategies appropriate for this type of asset. Investment Highlights: Individually deeded condominium ownership allowing future resale flexibility. Professionally managed HOA. Renovated units with in-unit washer and dryer. Strong workforce housing demand in North Phoenix. Covered parking, community pool, on-site management office, barbecue area and convenient freeway access. Attractive entry point at approximately $125,000 per unit. This portfolio offers investors an opportunity to own income-producing real estate with operational upside while maintaining a manageable five-unit footprint. If you're looking for a pristine institutional asset, this isn't it. If you're looking for cash flow, upside, and know how to operate Class C workforce housing, let's talk.

18202 Cave Creek Road Unit 5 units, Phoenix

Courtesy of Coldwell Banker Realty. 928-282-4666

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