Phoenix AZ Multi-Family Real Estate, Homes for Sale - Brandy Aguirre Real Estate Advisor

Seller Carry Financing Option w/Amazing Terms. RARE Duplex Located in County Park Historic District in Mid-Town Phoenix! Zoned both Multi-Family and Commercial Special Use, Both Units are 2 Bedroom, 1 Bath, 661 Sq Ft, Upgraded Kitchen w/Appliances Included, Eat-In Kitchen Dining, Inside Laundry w/Stackable Washer & Dryer, 2709 Is Now Vacant to Allow for Buyer to Purchase as Owner Occupied Option (FHA/VA) and 2711 is Rented with Tenant at $1,400 Per Month, Both Units Have Large Backyards & Plenty of Room for Parking, 2711 Had Fully Fenced Yard w/Gated Entrance.

2711 N 7th Street, Phoenix

$649,900

7040399 MLS

Seller carry is available. Shovel ready, fully approved project awaiting a developer to pull permits. Plan set conveys with sale. This 2 story, 20 unit multi-family project is zoned as R-5 High Density Multi-Family located within the Hatcher District Overlay that allows restaurants, office, and retail within new developments. There are 10 garages, 20 additional surface parking spaces, 4 three bed/two bath, 6 two bed/two bath, 2 one bed/one bath, and 8 studios. The development consists of 16,396 square feet.

320 E Hatcher Road, Phoenix

$610,000

7040397 MLS

Exceptional fully occupied 4-plex in North Central Phoenix offering a highly desirable unit mix of four 2-bedroom, 2-bath units. Designed for tenant appeal, each residence features spacious modern layouts, private outdoor living areas, full-size kitchen appliances, and in-unit laundry. Three units have been recently renovated with updated flooring, fresh paint, and upgraded bathroom fixtures. Operating expenses are streamlined, with tenants paying their own electricity, water, and cable, while HOA dues cover sewer, trash, landscaping, security services, common area maintenance, and pool amenities. Recent capital improvements--including exterior painting, newer HVAC units, and new water heaters--help minimize future maintenance costs. Ample parking includes four covered spaces per building.

2832 E Le Marche Avenue, Phoenix

$499,900

7040009 MLS

2024 Built duplex in Opportunity Zone; excellent work-force housing; fully rented and stabilized. Generates $34k income and a 7% CAP rate. Very good condition. Tenants pay on time, every time, and pay their elec. Landlord pays water/sewer. Also see 1728 next door. Can be purchased as a 4-plex. Tile floors, Samsung appliances, 2'' wood blinds, 42'' expresso cabinets. Lots of parking. Make money on Day 1.

1905 E Illini Street, Phoenix

$499,900

7040008 MLS

2025 Built duplex in Opportunity Zone; excellent work-force housing; fully rented and stabilized. Generates $36k income and a 7% CAP rate. Very good condition. Tenants pay on time, every time, and pay their elec. Landlord pays water/sewer. Also see 1728 next door. Can be purchased as a 4-plex. Tile floors, Samsung appliances, 2'' wood blinds, 42'' expresso cabinets. Lots of parking. Make money on Day 1.

1845 E Illini Street, Phoenix

$489,900

7039988 MLS

2023 Built duplex in Opportunity Zone; excellent work-force housing; fully rented and stabilized. Generates $34k income and a 7% CAP rate. Very good condition. Tenants pay on time, every time, and pay their elec. Landlord pays water/sewer. Tile floors, Samsung appliances, 2'' wood blinds, 42'' expresso cabinets. Lots of parking. Make money on Day 1.

1732 E Wood Street, Phoenix

$489,900

7039986 MLS

2023 Built duplex in Opportunity Zone; excellent work-force housing; fully rented and stabilized. Generates $34k income and a 7% CAP rate. Very good condition. Tenants pay on time, every time, and pay their elec. Landlord pays water/sewer. Also see 1732 next door. Can be purchased as a 4-plex. Tile floors, Samsung appliances, 2'' wood blinds, 42'' expresso cabinets. Lots of parking. Make money on Day 1.

1728 E Wood Street, Phoenix

$980,000

7039794 MLS

Turnkey income today with exceptional upside for tomorrow. This unique multifamily opportunity features 2 detached single-family homes, each leased at $2,800/mo. and designed with modern finishes that drive strong tenant demand. Tenants pay water, sewer, and electric, keeping operating expenses low while maximizing cash flow. Each residence offers 3 bed, 2.5 bath, attached 2-car garage, open living spaces, quartz countertops, stainless steel appliances, and contemporary design. Future appreciation and income potential are enhanced by the opportunity to add an ADU to each home (buyer to verify). Prime location near the Biltmore Corridor, SR-51, major employers, shopping, and dining. A rare combination of stable income, low expenses, and long-term value-add potential. Drive by only.

2324 E Oak Street, Phoenix

$719,900

7039557 MLS

1 of 2 side-by-side duplexes built in 2025; 2-story; 2-car tandem garage; 3-bedrooms, 2.5 baths. currently rented at $2300 per unit; Fully occupied and stabilized. Excellent tenants. 6% Cap rate; generates $43,000 per year based on trailing 12 month expenses. Owner pays water. Surprisingly high-end finishes including plank tile, Samsung stainless appliances, 42'' cabinets, dual pane windows, tiled shower surrounds. This is available by itself, or as part of a package of 8 duplexes built and owned by this seller, all occupied.. Excellent condition.

2431 E Pueblo Avenue, Phoenix

$719,900

7039540 MLS

1 of 2 side-by-side duplexes built in 2025; 2-story; 2-car tandem garage; 3-bedrooms, 2.5 baths. currently rented at $2300 per unit; Fully occupied and stabilized. Excellent tenants. 6% Cap rate; generates $43,600 per year based on trailing 12 month expenses. Owner pays water. Surprisingly high-end finishes including plank tile, stainless appliances, 42'' cabinets, dual pane windows, tiled shower surrounds. This is available by itself, or as part of a package of 8 duplexes built and owned by this seller, all occupied.. Excellent condition.

2421 E Pueblo Avenue, Phoenix

$879,900

7039257 MLS

Very rare offering in 85016 ZIP CODE. Clean property in a great east Phoenix/Biltmore location. Established rental community with strong historic occupancy and significant rental upside. Tenants enjoy covered parking, gated access and private courtyard. Brand new Xeroscaped landscaping. Units are tiled and have separate meters for gas & electricity. On-site laundry includes owned machines for additional revenue. Property has upgraded electrical and copper plumbing. Each tenant has a reserved covered parking spot in the carport. 4 minutes to Town & Country shopping district and Camelback Road/Biltmore area. Perfect location, well-maintained property and upside in rents.

2101 E Osborn Road, Phoenix

$539,000

7039118 MLS

Rare opportunity to acquire a fully occupied 5 Unit income-producing property consisting of three separate freestanding buildings on one parcel in the rapidly improving Central Phoenix corridor. This property features a diverse unit mix, extensive recent renovations, and long-term tenants paying premium rents. Current Gross Income: $76,560 ($6,380/Mo) Cap Rate: 11+% 2023 Renovations: New flooring, Updated plumbing, Sewer improvements, Interior paint, Exterior paint, Bathroom remodels, Kitchen upgrades. 2025 Improvements: New electrical wiring, New electrical panels with green tags, new addition/extension.

2002 W Jefferson Street, Phoenix

$662,500

7039047 MLS

Exceptional investment opportunity featuring a total of seven units, including a single-family residence & eligible for residential financing. This triplex must be sold with the adjacent fourplex (MLS # 7039046), creating a seven-unit investment portfolio. Located near GCU, the freeway, shopping, and other amenities, this property offers strong tenant appeal. The single-family residence features a full-size laundry room. All units were renovated between 2019 and 2020. Improvements include new sewer and water lines, upgraded electrical service, interior and exterior paint, roofs replaced on both triplexes in 2024, and a new roof on the single-family residence in 2020. Well-maintained property with numerous updates throughout. See Documents tab for details. Buyer to verify all information.

2620 W Pierson Street, Phoenix

$662,500

7039046 MLS

Exceptional investment opportunity featuring a total of seven units, including a single-family residence & eligible for residential financing. This fourplex must be sold with the adjacent triplex (MLS #7039047), creating a seven-unit investment portfolio. Located near GCU, the freeway, shopping, and other amenities, this property offers strong tenant appeal. The single-family residence features a full-size laundry room. All units were renovated between 2019 and 2020. Improvements include new sewer and water lines, upgraded electrical service, interior and exterior paint, roofs replaced on both triplexes in 2024, and a new roof on the single-family residence in 2020. Well-maintained property with numerous updates throughout. See Documents tab for details. Buyer to verify all information.

2616 W Pierson Street, Phoenix

$2,795,087

7038917 MLS

Turnkey 8-unit multifamily investment in the heart of the Biltmore area. This gated community features eight large 2-bedroom, 2-bath units with vaulted ceilings, private backyards, in-unit laundry, and exterior storage. Renovated in 2020 with modern finishes including stainless steel appliances, updated cabinetry, vinyl flooring, and contemporary bathrooms. Community amenities include a dog run, picnic area, BBQ space, and desert landscaping. Prime central Phoenix location with convenient access to shopping, dining, employment centers, and major freeways. Strong long-term investment opportunity in a high-demand rental market.

4229 N 17th Street, Phoenix

$700,000

7038723 MLS

Welcome to Three at Bumbalow - A Rare Triplex Investment in the Heart of Central Phoenix! Three at Bumbalow presents a unique opportunity to own a recently upgraded triplex in one of Phoenix's most sought-after and rapidly developing neighborhoods. Ideally located near downtown, major freeways, and light rail access, this property is perfect for investors seeking strong rental income or owner-occupants looking to live in one unit while renting out the others. This well-maintained property was renovated in 2023 and features three individual units: Two units with 2 bedrooms and 1 bathroom each, and One larger unit with 3 bedrooms and 2 bathrooms. Each unit has its own private entrance and offers a functional floor plan designed for comfortable living. A nice side yard adds outdoor space and potential for further enhancements, such as communal gathering areas or added amenities. Each unit is equipped with washer and dryer hookups. All the washers, dryers, and refrigerators are included in the sale and convey. The property is currently self-managed, which keeps operating costs low. This triplex is perfect for both seasoned investors and first-time multifamily buyers looking to enter the market with a well-located, income-producing asset. The units are currently rented at $2,863, $1,550, and $1,985 per month, respectively. Whether you're looking to expand your real estate portfolio, complete a 1031 exchange, or live in one unit while earning passive income from the others, Three at Bumbalow offers flexibility, stability, and upside in a prime Central Phoenix location.

2223 E Roosevelt Street, Phoenix

$820,000

7038283 MLS

Seize this fantastic opportunity to own a well-located duplex close to schools, dining, highway access, and sports fields! Each unit features 3 spacious bedrooms, 2 bathrooms, neutral tones, tile flooring throughout, a laundry area, and a clean, modern kitchen with granite countertops, stainless steel appliances, and an island perfect for casual meals. Enjoy tandem covered parking for added convenience and no HOA restrictions. This property is a great option for investors or owner-occupants--live in one unit and rent the other, or explore short-term rental. One unit Airbnb-ready. Opportunities like this don't come around often. Come see it before it's gone!

1908 W Lawrence Road Unit 1&2, Phoenix

$995,000

7037733 MLS

An amazing investment opportunity in a fantastic central Phoenix location. This 4-plex offers updated units and plenty of off-street parking (4 covered/6 uncovered). All units have been renovated and feature updated counters, flooring, etc. The main house offers 3 beds & 2 bathrooms. The other units are one 3/1 and two 2/1. Some have private W&D; others share a laundry facility. All units have private back yards. Close to everything, you can't go wrong. Phoenix Children's Hospital is just a 10-minute walk. Hop in the car for a 10-minute ride to Sky Harbor, or a 15-minute jaunt into downtown Phoenix. Live in one, rent the others!

1936 E Yale Street, Phoenix

$765,000

7037654 MLS

Opportunities like this are genuinely rare in central Phoenix. Situated on a nearly 8,000 square foot lot in the heart of the Encanto neighborhood, this property offers two fully separate homes, a 3-bedroom, 2-bath main house and a 4-bedroom, 2-bath guest house, each with its own living space, garden, kitchen, and entrance. Live in one and let the other help carry the mortgage. House extended family. Or lease both. The lot gives you options that most properties simply cannot. Current tenants are month to month and interested in signing year long leases. Both houses have private fenced yards with their own private grassy outdoor spaces. The front house carries the charm of its 1940 bones while delivering the comfort of a fully updated home, with granite counters, in-unit laundry, and a layout that lives larger than the square footage suggests. The back house 4 bed 2 bath is newly built in 2022 and ready for occupancy with master suite, granite counters, large bedrooms and an open floor family room and kitchen. Two homes. One address. An income stream built in from day one. The location makes both homes remarkably easy to rent and even easier to love. Downtown Phoenix is minutes away, putting Chase Field, Footprint Center, the arts district, and the city's best restaurants within a short drive or rideshare. Phoenix Children's Hospital is right around the corner, making this address a natural fit for traveling medical staff or a generational family home. There are so many options to make this property work for you!

1911 E Harvard Street, Phoenix

$572,500

7037205 MLS

Investor Special! This duplex offers 2 bedrooms, 2 bathrooms, and a 2 car garage, conveniently located near the downtown area with easy access to I-17. The property has been recently updated and sits in a high-demand location experiencing significant growth. Enjoy proximity to all that downtown Phoenix has to offer, including top restaurants, shopping, entertainment, and stadiums. An added bonus includes RV parking with a separate electrical meter, creating potential for extra rental income. This is an excellent opportunity to add to your rental portfolio, flip, or buy and hold for long-term appreciation. Please note, the property is tenant occupied--do not disturb tenants.This home qualifies for a limited-time lender-paid 2-1 buydown-- reduced monthly payments for the first 2 years years at no cost to the buyer or seller.

1802 W Sherman Street, Phoenix

$325,000

7037076 MLS

Excellent value-add multifamily investment opportunity located in the growing Central Phoenix market. This unique 4-unit property offers strong income potential with major renovation work already completed, making it an ideal opportunity for investors looking to finish the final touches and maximize returns. The property consists of: Front Unit: Spacious 3 Bedroom / 2 Full Bathroom unit with in-unit laundry room Rear Unit 1: 1 Bedroom / 1 Bathroom Rear Unit 2: 2 Bedroom / 1 Bathroom Rear Unit 3: Studio unit Each rear unit has its own private entrance, creating privacy and flexibility for tenants. The majority of the interior renovation work has already been completed. Additional planned upgrades include: Brand new electrical system installation New HVAC systems New ap New hot water heaters Seller plans to complete the remaining improvements prior to closing for an additional negotiated price, providing buyers flexibility to either purchase as-is or receive a near turn-key finished product. The property includes parking for approximately 3 vehicles onsite, along with additional street parking availability. This is a great opportunity for an investor or owner-operator to take over a nearly completed project and add the final cosmetic and operational touches. Estimated total rental income is projected to exceed $4,000 per month once fully stabilized. Conveniently located near Downtown Phoenix, major freeways, employment centers, dining, shopping, and public transportation, this property benefits from strong rental demand and continued area growth. Priced to sell quickly. Excellent opportunity for investors seeking cash flow, appreciation potential, and value-add upside. Buyer to verify all facts, figures, measurements, zoning, permits, and projected rental income.

1220 S 10th Avenue, Phoenix

$595,000

7037040 MLS

Great investment opportunity in the highly desirable gated community of Palomino Point! This 4-plex is situated in a single building and features an excellent unit mix consisting of a 3 bed/3 bath, a 2 bed/2 bath, a two-story 2 bed/1.5 bath, and a spacious 1 bed/1 bath. All units have received full to partial remodels, including new flooring and newer appliances. The HOA covers water, sewer, trash, and landscaping, while electricity is individually metered to each unit. Additional features include a private patio with a second-floor balcony. Residents enjoy access to the community pool, heated spa, and playground. Ideally located across the street from a school and just minutes from shopping and public transportation. Buyer to verify all information.

2837 E Marconi Avenue, Phoenix

$889,000

7036877 MLS

This is a 4-unit garden-style property. The front house was originally constructed in 1905, while the triplex was built in 1984 using block masonry. The property has been extensively remodeled inside and out in 2023, with approx $62,500 per door in capital expenditures. Upgrades include new roof, flooring, cabinets, countertops, A/C units and hot water heaters for triplex, stainless steel appliances, and more. The community features a desirable mix of (1) 2-bed, 2-bath single-family home and (3) 1-bedroom, 1-bath units, all thoughtfully updated with modern finishes. Each unit is equipped with its own exterior storage space, private backyards and in-unit washer and dryers, and residents enjoy dedicated parking for added convenience. Each unit is also individually metered for electricity.

2709 E Willetta Street Unit FRNT, Phoenix

$650,000

7036734 MLS

The property is a triplex located in North Central Phoenix. The unit mix is okay, having two (1 bed / 1 bath units) and one (2 bed / 1 bath unit).

925 E Ocotillo Road, Phoenix

$650,000

7036728 MLS

The property is a triplex located in North Central Phoenix. The unit mix is okay, having two (1 bed / 1 bath units) and one (2 bed / 1 bath unit).

919 E Ocotillo Road, Phoenix

$650,000

7036704 MLS

The property is a triplex located in North Central Phoenix. The unit mix is okay, having two (1 bed / 1 bath units) and one (2 bed / 1 bath unit).

913 E Ocotillo Road, Phoenix

$274,900

7036189 MLS

Unique multi-unit opportunity featuring three separate residences on one lot! Front home offers 3 bedrooms and 1 bathroom with spacious living areas, tile flooring and covered front patio. Second unit includes 2 bedrooms and 1 bathroom with functional kitchen and living space. Third unit features 1 bedroom and 1 bathroom, providing flexibility for rental income, extended family or multi-generational living. Convenient location near shopping, dining, schools and freeway access. Great opportunity for investors, multi-generational living or buyers seeking flexible use options with three separate residences situated on one parcel. Buyer to verify all facts, figures, square footage and zoning/use information.

1522 W Taylor Street, Phoenix

$395,000

7036021 MLS

Excellent investment opportunity! This 4-plex is ideally located near major freeways, shopping, dining, schools, and everyday conveniences, offering strong appeal for both tenants and investors. The property features four units with significant income-producing potential. While the property needs TLC, it presents an excellent value-add opportunity for investors looking to renovate, increase rents, and build equity. Whether you're expanding your portfolio or seeking a multifamily property in a highly accessible location, this property offers tremendous upside and long-term potential.

2509 E Willetta Street, Phoenix

$1,599,000

7035981 MLS

The Chadley at Madison Park is a 5-unit multifamily community originally built in 1958 and comprehensively renovated in 2026.Interior upgrades include updated electrical panels, new plumbing, full cosmetic renovations, and new in-unit washers and dryers. Exterior improvements include a new roof, new sewer lines, new water lines, new HVAC systems, and new water tanks. The unit mix consists of (4) two-bedroom/one-bathroom units and (1) three-bedroom/two-bathroom home, appealing to families and long-term tenants alike. Each residence features a large private backyard and a dedicated carport and outdoor space that is increasingly rare in the submarket. Ideally positioned directly across from Madison Park and Madison Park Middle School and just minutes from shopping, dining, and entertainment

4323 N 13th Place, Phoenix

$800,000

7035349 MLS

Total 6 units of townhomes all 2 bedrooms/1.5bathroom in a community of total 99 units of Dunlap Condominiums, large 1108sqft for each unit, all units rented, each unit with Washer/Dryer, individual water heater and HVAC, Tenant pay for electricity. Average rent $1100 to 1400 for each unit in this community. HOA fee $300 each covering insurance, common area maintenance, and water, sewer, trash.

3520 W Dunlap Avenue Unit 109, Phoenix

$999,000

7034814 MLS

Rare Uptown Phoenix 4plex+ compound on one lot that runs from Coolidge to Highland. 4 units/3 buildings: 746 W Coolidge W (3 bed/2b)-1150 sf-$1500R); 746 W Coolidge E (1 bed/Studio-700 sf-$800R); 746 W Coolidge Middle House (2 bed/1b-900 sf-$1500Pro); & 915 W Highland House (3 bed/2 b-1250 sf-$1800R). 17557 sf lot (R3, runs f/ street-to-street). BONUS: 1800 +/- sf workshop attached to middle house. Huge commercial-grade steel carport. 4 big storage units. Many recent upgrades. Potential to add density or split into two lots. Opp Zone. Prime location! .5 m to Melrose District; .8 m to Brophy High School; 1.1 m to Uptown Plaza; & 3+ m to Biltmore. 6.2 cap pro forma w/ very high long-term upside. Under $250/sf-highly competitive. Many possibilities. Sold as-is. DND tenants. Unique place!

746 W Coolidge Street, Phoenix

$669,000

7034632 MLS

Great investment opportunity with this value add 4 plex consisting of 2 separate buildings on a large lot with a very open and spacious community courtyard perfect for gathering, BBQ's or visiting with your neighbors. All units are 2 bedrooms with 1 bathroom and come with a separate storage/laundry room. Conveniently located for easy commute to Grand Canyon University (2 miles), downtown Phoenix, mid town Phoenix and Steel Indian School Park. Perfect investment opportunity with all tenants on a month-to-month lease ready for updating and rental rate increases.

3849 N 23rd Drive, Phoenix

$615,000

7034582 MLS

Investment opportunity in the heart of Phoenix. This multi-unit property offers income potential with flexible living arrangements ideal for investors, owner-occupants, or multi-generational living. The property features multiple units with private entrances, functional floor plans, and ample parking. Conveniently located this property provides easy connectivity throughout the Valley. Whether you are looking to expand your rental portfolio, generate supplemental income, or occupy one unit while renting the others, this property presents endless possibilities. Tenants' rights apply, do not disturb tenants.

4429 N 53rd Lane, Phoenix

$725,000

7034464 MLS

Beautifully updated 3-unit triplex in the desirable Encanto neighborhood! This income-producing property at 2336 N 11th St offers excellent curb appeal with distinctive white block construction and mature palm trees. All units feature recent renovations including luxury vinyl plank flooring, white shaker cabinets, granite countertops, stainless steel appliances, ceiling fans, and updated bathrooms. Unit A: 3BD/2BA - Leased at $1,395/mo through March 2027 Unit B: 3BD/3BA - Vacant and move-in ready Unit C: 2BD/1BA - Leased at $1,250/mo through August 2026 Strong cash-flow potential with two stable tenants in place. Ideal for investors or multi-generational living. Great location near Coronado Historic District, parks, dining, and easy freeway access. Turnkey opportunity in central P

2336 N 11th Street, Phoenix

$945,000

7034315 MLS

Rare 2004 4-plex consisting of 3 bed 2 bath units. Room for rent increases. Very little competition for 3 bed family sized units in the area. In unit laundry, covered parking for tenants. These apartments command high rents for the area as well as high quality long term tenants. WATER, SEWER, TRASH, LANDSCAPING & COMMON AREA MAINT & ELECTRIC PAID BY HOA!! Active HOA which has been completing value add exterior projects in the community. All exterior maintenance handled by HOA, very low maintenance costs for owner. DRIVE BY ONLY! DO NOT DISTURB TENANTS!

16033 N 25th Street Unit 7, Phoenix

$959,000

7033472 MLS

Exceptional investment opportunity in the heart of Central Phoenix featuring six garden-style apartment units with an unbeatable location offering quick access to Downtown Phoenix, Arcadia, the SR-51, and Old Town Scottsdale. This well-positioned property consists of two spacious 3-bedroom/1-bath units, two 2-bedroom/1-bath units, and two studio apartments, providing a diverse unit mix ideal for attracting a wide range of tenants. Several units have been fully renovated with stylish finishes, while others have been thoughtfully updated and still offer additional value-add potential for future improvements and increased rents. Each unit offers a comfortable layout with charming garden-style appeal, creating a welcoming atmosphere for residents. Located near some of Phoenix's most Located near some of Phoenix's most popular dining, shopping, entertainment, and employment hubs, this property presents a rare opportunity for both seasoned investors and owner-users seeking strong upside potential in one of the Valley's most desirable rental corridors.

1812 N 31st Place, Phoenix

$659,000

7033471 MLS

An exceptional investment opportunity in the heart of Downtown Phoenix -- two 4-unit buildings offering a rare chance to own 8 total units with conventional financing eligibility. Ideally located within walking distance to Chase Field, the Footprint Center, ASU Downtown Campus, University of Arizona College of Medicine, Banner Health, and the vibrant restaurants, coffee shops, art galleries, and nightlife of Roosevelt Row. All units are currently occupied, providing immediate income potential, and have been nicely updated with additional upside for future improvements and increased rents. Each residence offers its own private patio or yard space, creating an attractive living experience for tenants, along with ample on-site parking. Positioned in one of Phoenix's fastest-growing Positioned in one of Phoenix's fastest-growing urban corridors, this property combines location, flexibility, and long-term investment potential. Whether you are looking to expand your portfolio or secure a prime multi-family asset in Downtown Phoenix, this is an opportunity not to miss

1533 E Adams Street, Phoenix

$659,000

7033470 MLS

An exceptional investment opportunity in the heart of Downtown Phoenix -- two 4-unit buildings offering a rare chance to own 8 total units with conventional financing eligibility. Ideally located within walking distance to Chase Field, the Footprint Center, ASU Downtown Campus, University of Arizona College of Medicine, Banner Health, and the vibrant restaurants, coffee shops, art galleries, and nightlife of Roosevelt Row. All units are currently occupied, providing immediate income potential, and have been nicely updated with additional upside for future improvements and increased rents. Each residence offers its own private patio or yard space, creating an attractive living experience for tenants, along with ample on-site parking. Positioned in one of Phoenix's fastest-growing urban corridors, this property combines location, flexibility, and long-term investment potential. Whether you are looking to expand your portfolio or secure a prime multi-family asset in Downtown Phoenix, this is an opportunity not to miss

1529 E Adams Street, Phoenix

$575,000

7033450 MLS

Rare Sunnyslope infill opportunity featuring a single-family residence plus duplex on a ±6,250 SF lot near Central Ave, Sunnyslope High School, the Arizona Canal, dining, shopping, and neighborhood amenities. The property offers three total units with updated interiors, wood-look tile flooring, refreshed kitchens and baths, neutral finishes, gated/private yard areas, and low-maintenance landscaping. Ideal for investors seeking rental income, house-hack potential, or long-term value-add upside in North Central Phoenix.

8838 N 2nd Street, Phoenix

$629,999

7032228 MLS

Check out this cash flowing low maintenance fourplex even at today's rates. Complex is located near mostly residential homes near elementary school and within 5 miles of downtown Phoenix. All units have white shaker cabinets, 2 units remodeled with quartz countertops, shaker cabinets and vinyl plank and wood tile flooring, & stainless-steel appliances. 1 unit partially upgraded unit with Quartz countertops, and shaker cabinets. 2 units have new A/C units & water heaters that have been replaced in the last 3 years. 1 A/C unit has a new motor. All of the units have ceiling fans throughout. Recently painted exterior. Units are individual metered for electricity. Units fully occupied, but 1 unit comes up for renewal in July if you want to occupy one or rehab for higher rent. Owner/ Agen

1001 N 32nd Avenue, Phoenix

$1,299,000

7031957 MLS

Located in the heart of central Phoenix, 1001 North 9th Street presents an outstanding multifamily investment opportunity featuring eight well-positioned studio apartment units in one of the city's most rapidly evolving urban neighborhoods. This charming eightplex offers a strong blend of steady rental demand, functional unit layouts, and prime proximity to downtown Phoenix amenities. Each studio apartment is thoughtfully designed to maximize efficiency and comfort, appealing to tenants seeking affordable urban living with convenient access to employment centers, dining, entertainment, public transit, and nearby freeway connections. The property's classic character and practical configuration make it an attractive asset for both seasoned investors and owner-operators.

1001 N 9th Street, Phoenix

$3,180,000

7030971 MLS

Positioned at 16th St & Campbell Avenue, this portfolio presents a rare opportunity to acquire 12 well located 2-bedroom, 2-bathroom condominium units in the heart of Phoenix's prestigious Biltmore corridor. Located just a short walk from the AZ Biltmore and surrounded by premier shopping, dining, golf, and outdoor recreation, the property offers investors a highly desirable location w/enduring tenant appeal. *The offering consists of 11 units w/2-beds, 2-baths w/852 sf in the 85016 zip code, along w (1) additional 2-bed, 2-bath unit w/896 sf in the 85015 zip code. Residents benefit from a professionally managed HOA that handles the exterior maintenance, roof repairs, sewer service, trash collection and common area maintenance. Inquire within for the ''Offering Memorandum''. OWNER CARRY!

1718 E Campbell Avenue Unit Multi#, Phoenix

$3,400,000

7030825 MLS

Melrose on 5th is a 12-unit multifamily community located in the highly sought after Melrose District. Originally built in 1961, the asset went through extensive repositioning in 2016 and features a rare mix of (12) 3-bedroom, 2-bathroom floor plans measuring approximately 1,200 square feet each. Unit interiors are all upgraded and feature washer/dryers, fully equipped kitchens with dishwashers and built-in microwaves, stainless steel appliances, faux vinyl wood flooring, and modernized bathrooms. Exterior amenities include gated access entry ways, charcoal barbeque grills, resort-style swimming pool, covered parking, and low maintenance desert landscaping. Great opportunity opportunity to acquire a well-maintained, renovated asset within one of Phoenix's strongest urban infill corridors.

3611 N 5th Avenue, Phoenix

$625,000

7030749 MLS

Investor special with strong upside potential! This triplex was previously a 4-plex and could be converted back. Two of the units are in need of repairs and some updating, but offers an excellent opportunity for investors, flippers, or buyers looking to add value. The property is on a corner lot with a 4 bedroom/2 bath unit which has been remodeled and updated with stainless steel appliances, updated countertops and laminate wood floor. Two additional units with 2 bedrooms/1 bath. Tons of room for parking and enormous back yard.with a shed. Security cameras are included on each unit. Also includes leased solar panels. Some deferred maintenance throughout -- being sold as-is. Great chance to rehab and increase rents. No HOA! Seller willing to payoff solar panels with the right offer!

10226 N 15th Avenue, Phoenix

$1,199,500

7030100 MLS

Discover modern living in this stunning newly built two-story duplex located in the desirable Camelback East neighborhood. This exceptional duplex home features three spacious bedrooms with expansive walk-in closets and two and a half elegant bathrooms showcasing high-end finishes on each unit. The open-concept layout seamlessly connects the gourmet kitchen to the living areas, perfect for entertaining guests or family gatherings. Step outside to a large backyard ready for your personal design, offering endless possibilities for landscaping and outdoor enjoyment. Built with top-tier materials and meticulous craftsmanship, this duplex also includes a convenient garage per unit for added accessibility and security. Don't miss the chance to make this beautiful space your own!

920 E Pasadena Avenue, Phoenix

$575,000

7030068 MLS

Established rent by room tri-plex with over 6 years of history. Strong income track record with $75,000-$79,000 annual rents. Financials available upon request. Recent capital improvements include 1 new AC unit & new 400 Amp electric panel. Unit 102 had new kitchen cabinets installed in 2020, new hall bath tub and tile. Unit 101 configured as a 3 bedroom 1 bathroom, unit 102 4 bedroom 2 bathroom, unit 201 - 3 bedroom 2 bathroom. 2025 Financials are attached in the documents tab

2755 E Atlanta Avenue, Phoenix

$575,000

7029468 MLS

Discover this rare gem--a fully remodeled duplex with 2 detached homes, offering both comfort and exceptional investment potential! Conveniently located along the SR 51 corridor, this property is just 6 minutes from the airport and 10 minutes from Downtown Phoenix, nestled in the reviving east Coronado neighborhood. With a combined 2,285 square feet, this property includes: A spacious 4-bedroom, 2-bathroom main house (1,570 sqft). A 2-bedroom, 1-bathroom guest house (715 sqft) featuring its own kitchen, laundry hook ups, and private entryway--perfect for Airbnb or long-term rental.

1934 E Monte Vista Road, Phoenix

$719,000

7029061 MLS

Turnkey Furnished Phoenix Duplex | Proven Income-Producing Investment | No HOA Opportunity meets flexibility at 4201 E Almeria Rd, a fully furnished duplex already operating as a successful short-term rental with an impressive 4.79-star guest rating and 94.4% five-star reviews. Whether you're expanding your investment portfolio, looking for a house-hack opportunity, or seeking a property that can generate income from day one, this one is ready to perform. The property features two separate residences, including a 2-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit, currently configured for room-by-room rentals to maximize income potential. Continue the existing short-term rental model or adapt it for Airbnb, VRBO, corporate housing, traveling medical professionals, seasonal visitors, mid-term rentals, or traditional long-term tenants. Sold fully furnished, the property includes all furniture, appliances, refrigerators, washers, dryers, and household essentials, making for a seamless transition with minimal startup costs. Major capital improvements provide additional peace of mind, including Unit 1 HVAC (2021), Unit 2 HVAC (2022), Unit 1 water heater (2023), Unit 2 water heater (2021), along with additional interior updates and light remodeling throughout. Location is another standout feature. Situated just minutes from Phoenix Sky Harbor International Airport, Downtown Phoenix, Old Town Scottsdale, Tempe, Arizona State University, major hospitals, business corridors, Cactus League Spring Training, entertainment, shopping, dining, golf, and convenient freeway access, this property consistently appeals to both business and leisure travelers. With no HOA, proven rental history, flexible income strategies, and a location that remains in demand year-round, this is a rare opportunity for investors, owner-occupants, or multi-generational living. Continue operating as a successful furnished rental or tailor it to your investment goals--the choice is yours.

4201 E Almeria Road Unit 1, Phoenix

$519,999

7026854 MLS

Back and better than ever with a brand-new roof and major upgrades throughout! Welcome to 2828 E Chipman Rd in Phoenix -- a rare duplex opportunity offering updated living space and excellent investment potential. The front unit spans approximately 1,700 square feet and has been recently remodeled with 3 bedrooms, 2 bathrooms, a stunning new kitchen with modern finishes, fresh carpet throughout, and a spacious, move-in-ready layout. The AC unit was replaced in 2021 for added peace of mind. The back unit offers approximately 1,000 square feet with 2 bedrooms and 1 bathroom, making it ideal for rental income, multigenerational living, or additional flexibility. Whether you are looking to live in one unit while leasing the other or searching for a turnkey investment property, this duplex offers exceptional versatility and value. Located in Phoenix's desirable South Mountain area, the property provides easy access to I-10 and Loop 202, making commuting throughout the Valley simple and convenient. Just minutes from Downtown Phoenix, residents can enjoy nearby dining, entertainment, and cultural attractions, including Papago Park, the Phoenix Zoo, Desert Botanical Garden, Heritage Square, the Rosson House Museum, and the Arizona Science Center.

2828 E Chipman Road, Phoenix

$539,000

7026645 MLS

MOTIVATED SELLER Nice 4-plex with great upside income potential. Mix of 2 1 bed and 2 2bed units each with separate backyard area for privacy. All 4 units currently rented with long term tenants and each are on month to month leases. Storage room partially converted to studio unit and may be able to provide additional income producing unit. Tenant occupied property, Drive by only, PLEASE DO NOT CONTACT OR DISTURB THE TENANTS REGARDING SALE OF THE PROPERTY.

11231 N 18th Drive, Phoenix

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