2616 W Pierson Street, Phoenix, AZ 85017

$662,500

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List Price
$662,500
Days on Market
62
Status
ACTIVE
MLS#
7039046
City
Phoenix
Subdivision
Altro Terrace
Year Built
1971

Property Description

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.

Additional Information

Elementary School
Alma Elementary School
High School
Alhambra High School
Middle School
Alhambra Traditional School
Community Features
No Pool
Construction
Block, Painted
Cooling
Electric, Ceiling Fan(s)
Electric
SRP
Exterior Features
Sidewalk(s)
Heating
Electric
New Financing
Conventional, 1031 Exchange, Cash
Parking Features
1 Space/Unit, Other, Paved, On Street
Roofing
Composition
Subdivision
Altro Terrace
Taxes
$1,990
Tax Year
2025
Tenant Pays
Water, Electricity
Units
4
Water
City Franchise
Zoning
[R-3] Multiple

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Calculator source: Real Geeks

Listing courtesy of West USA Realty.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.