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Browse All Phoenix AZ Between $600K - $700K Properties for Sale

$649,000
4 Beds 4 Baths 6938774 MLS
**GARFIELD DISTRICT** is culturally-rich, w/HISTORICAL significance, mixed w/CONTEMPORARY community-life, PERFECTLY located IN-THE-HEART-OF-DOWNTOWN-PHOENIX's urban-landscape**EXCEPTIONAL-OPPORTUNITY** (2) units are 1 bd/1 bath & (2) units are Studio-flats~ALL units have GAS ranges, & FULL size STACKABLE washer/dryers~Units are submetered for Electric and Gas which Tenants pay~Each unit has Central air-conditioning systems~BRAND-NEW exterior paint~BRAND-NEW ''Acrylic'' elastomeric roof coating with a 5-year TRANSFERABLE warranty! Duplexes & 4-Plexes in the area are selling upwards of $850K and vacant-lots in the area are listed over $1 million~This HISTORIC property was built-in 1960 & has been renovated and updated throughout the years, it holds STRONG, cash-flow and LONG-TERM appreciation potential~This 4-Plex is A HIDDEN-GEM located in the reimagined, downtown, Phoenix, BOOMING rental-market~Located in the Garfield Historic District, one of the most desirable and rapidly evolving areas near Downtown Phoenix, this well-maintained 4-plex offers strong cash flow and long-term appreciation potential. Property Highlights: 4 total units (2) One-Bedroom / One-Bath units (2) Studio units Central air conditioning in all units Gas ranges Full-size stackable washer/dryers in each unit Electric and gas sub-metered (tenants pay utilities) Renovated and maintained over the years Investment Highlights: Strong potential rental-yield (7%) Located minutes from downtown employment, hospitals, universities, and entertainment High demand rental market in central Phoenix Comparable duplexes and four-plexes in the area selling over $800K Nearby redevelopment and vacant land listings exceeding $1M Value-Add Potential Opportunity to increase rents over time in a rapidly appreciating neighborhood Potential to further enhance units for additional upside Desirable location for long-term rental demand Location: Situated in the vibrant Garfield neighborhood, known for its historic charm, arts community, and proximity to downtown Phoenix, the property benefits from continued urban revitalization and strong tenant demand. Ideal for investors seeking cash flow + appreciation potential in one of Phoenix's most dynamic central neighborhoods.

502 N 11th Street, Phoenix

$675,000
3 Beds 2 Baths 6936840 MLS 1,806 SqFt.
This extraordinary residence seamlessly blends elevated design, timeless craftsmanship, and panoramic fairway and mountain vistas, offering an exceptional lifestyle in one of the most sought-after enclaves in the valley. Step through the doors into a bright, airy interior where vaulted ceilings and expansive sightlines create a sense of sophisticated openness. Ceramic wood-look tile flooring (2018) flows elegantly throughout the home, complemented by designer lighting upgrades (2024) that set a warm and luxurious tone. The chef's kitchen, reimagined in 2018, showcases rich cabinetry, a striking granite island, a premium stainless-steel appliance suite, and a plumbed ice maker (2023) perfect for refined entertaining. The spa-caliber bathrooms are works of art: the guest bath (2016) and primary suite (2018) feature real stone sinks, intricate stonework detailing, and custom wall textures inspired by traditional Mexican architecture, blending authenticity with sophistication. A custom home office with a concealed Murphy bed, tailored built-ins, and wire-free pullout drawers provides effortless elegance and functionality, while a secondary guest suite with its own Murphy bed ensures a seamless blend of comfort and versatility. Every detail speaks of craftsmanship including 3" tiled baseboards, marrying design with durability. The outdoor living experience is nothing short of spectacular. Perfectly positioned on a premium golf course lot, the backyard captures breathtaking fairway views and framed mountain silhouettes that transform daily living into an elevated retreat. The PebbleTec pool with new pump (2025) anchors the space, flanked by a custom firebrick fireplace and a luxury BBQ station featuring 52" super-hot burners, rotisserie, copper farmhouse sink, built-in ice chest, and full electrical and plumbing. Modern pool decking, ceramic exterior paint, custom pavers, and a fully insulated extended garage with cabinetry and polyurethane floors complete the outdoor haven. Positioned within the prestigious Ahwatukee Foothills, this property offers not just a home but an unparalleled lifestyle experience. Residents enjoy serene walking and biking trails, low HOA dues ($210 semi-annually), access to top-rated Kyrene schools, and proximity to the Ahwatukee Foothills Towne Center, Palms Shopping Center, and the Ahwatukee Farmers Market. Golf enthusiasts will delight in nearby Raven Golf Club, The Foothills Golf Club, and Ahwatukee Golf Club, while food lovers can savor local favorites like El Fogón, Origami Ramen Bar, and Warren's Supper Club.

1437 E Glenhaven Drive, Phoenix

$649,000
5 Beds 4 Baths 6921067 MLS
Fully renovated triplex investment opportunity in Phoenix's 85017 Canyon Corridor. The property underwent a comprehensive refresh just over a year ago and has been meticulously maintained since. Major capital improvements include a new roof (July 2024), all new sewer lines from under-slab to city connection, and updated electrical wiring--rare peace of mind for multifamily in this vintage. Each unit offers upgraded finishes with new flooring, cabinets, windows (with 2'' faux wood blinds), stainless steel appliances, in-unit stack washer/dryer, and private fenced backyards. Two of the three AC units and all water heaters installed in 2024. The property features block wall construction with metal security gates, a shared courtyard with picnic area, and strong tenant appeal. Currently 100% occupied. Grand Canyon University (GCU) is the neighborhood's dominant demand driver. Enrollment has surged from ~118,000 in 2023 to over 125,000 in 2024, and is projected to exceed 133,000 by 2025-26. The Phoenix campus now houses ~25,000 students, with ~17,000 living in 33 residence halls. GCU's growth generates year-round rental demand, service jobs, and billions in annual economic output for the area. Ongoing Canyon Corridor revitalization through public-private partnerships improving safety, streetscape, and long-term property values. Just off I-17 with direct access to Camelback Rd and 27th Ave. Served by Valley Metro bus routes and a short ride to light rail.

2612 W Pierson Street, Phoenix

$625,000
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

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Between $600K - $700K Phoenix Real Estate

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