Phoenix AZ Multi-Family Real Estate, Homes for Sale

The D'art Apartments is a well-maintained 10-unit multifamily property in the heart of Downtown Phoenix. The property has been owned by the same family since its construction. The location puts residents within walking distance of Downtown Phoenix's restaurants, major employers, and entertainment venues, which supports steady tenant demand in one of the Valley's most active urban cores. The property has been consistently maintained under long-term ownership. It also offers investors an operational value-add opportunity through updated management practices, improved operating efficiencies, and alignment of rents with the surrounding market.

610 N 4th Avenue, Phoenix

$1,800,000

17 Beds ⋅ 9 Baths ⋅ 7103532 MLS

Earll Palms is a fully renovated, 9-unit* multifamily community ideally situated in the heart of Central Phoenix. The property features an attractive unit mix consisting almost entirely of spacious two-bedroom floorplans, appealing to residents seeking additional living space in a highly accessible urban location. Extensive renovations have transformed the community with contemporary cabinetry, stainless steel appliances, upgraded countertops, and wood-style flooring. Strategically located just half a mile from Phoenix's Innovation Employment Corridor, Earll Palms benefits from proximity to a major concentration of healthcare, education, research, and technology-related employment. *Unit ''A'' is not permitted

402 W Earll Drive, Phoenix

$580,000

4 Beds ⋅ 4 Baths ⋅ 7103367 MLS

Renovated, fully occupied duplex in a convenient Central Phoenix location offering immediate rental income and exciting future development potential! This property features two separate 1-bedroom, 1-bathroom units, each with a full kitchen, stainless steel appliances, wood-look vinyl plank flooring, private fenced backyard, washer/dryer hookups, and storage. Both units are separately metered, with existing leases extending into mid-2027. Situated on a 7,526 sq. ft. parcel zoned R-4 multifamily, the property includes additional unused land behind the existing duplex, creating an opportunity for investors and developers to explore expansion or redevelopment. Potential concepts include adding two additional 1-bedroom, 1-bathroom units, building a larger 2-bedroom, 2-bathroom unit with a private yard, or redeveloping the property into a modern multifamily investment property. Buyers may also explore single-family redevelopment possibilities. Ideally located near SR-51, I-10, Downtown Phoenix, and the Biltmore area, with convenient access to shopping, dining, and entertainment. Enjoy rental income today while exploring the possibilities for tomorrow!

2236 N 28th Place, Phoenix

$995,000

13 Beds ⋅ 9 Baths ⋅ 7103349 MLS

9-unit multifamily investment opportunity in Phoenix, AZ. Built in 1946, the property spans two contiguous parcels (2916 and 2920 E. Monroe Street) and features a diverse unit mix: three studios, three one-bedrooms, two two-bedrooms, and one large three-bedroom unit over 1,000 SF. The asset offers stable current cash flow with upside potential through interior and exterior renovations. Current ownership has already completed a full sewer line replacement, mitigating a major capital expense. Strategically located, the property provides convenient access to Downtown Phoenix, Phoenix Sky Harbor International Airport, and major transportation corridors (Loop 202 and I-10), ensuring strong long-term tenant demand and investment stability.

2916 E Monroe Street, Phoenix

$649,000

58 Beds ⋅ 38 Baths ⋅ 7103060 MLS

R-5 Zoned for High Density Multi-Family located within the Hatcher District Overlay that allows restaurants, office, and retail within new developments. Shovel ready, fully approved project awaiting a developer to pull permits for a 20 unit 2 story development with 10 garages and 21 additional surface parking spaces. However, there is also a previously approved 24 unit 3 story project that has the following floor plans: 14 three bed/two bath, 6 two bed/one bath, and 4 one bed/one bath. The development consists of 24,324 square feet of living space. Both plan set conveys with sale.

320 E Hatcher Road, Phoenix

$1,199,950

6 Beds ⋅ 6 Baths ⋅ 7102661 MLS

Turn-Key 6-Plex in central Phoenix-1005 leased, Cash Flowing Day1 Rare opportunity own a fully stabilized 6-plex in the heart of Phoenix! Property Highlights: -6 Units: All 1 Bed/ 1 Bath-the most in-demand layout in Phoenix. -100% Occupied:All 6 Units currently leased -Dedicated Parking:1 dedicated perking space per unit -Great Central Location:Minutes from Downtown Phoenix ,hospitals,ASU Downtown, dining and transit Turn-Key:Start collecting rent immediately -Strong Rental Demand:Perfect for long term holder portfolio addition.

3002 E Mckinley Street, Phoenix

$700,000

4 Beds ⋅ 2 Baths ⋅ 7102573 MLS

Opportunity to own a strategic lot next to Central Ave. 2 small older homes back to back on Weldon and Clarendon. Both units are leased, not vacant. Are you a Residential Buyer or Commercial Buyer?

34 E Weldon Avenue, Phoenix

$999,000

5 Beds ⋅ 4 Baths ⋅ 7101634 MLS

6202 North 12th Place is a well-maintained 4-unit asset in Phoenix's highly sought-after 85014 zip code. Built in 1957, the property features (1) 2-bed/1-bath unit & (3) 1-bed/1-bath units. The property's major systems have been redone or are in good condition, including the roof, HVACs, plumbing lines, & electrical providing investors with a solid foundation for long-term ownership. (1) unit has been remodeled, while the remaining (3) units are in good, classic condition & offer additional upside through future improvements. Covered parking, community laundry, & private patios enhance tenant appeal in a robust rental submarket. Located in a quiet pocket of North Central Phoenix, the property offers convenient access to the Uptown Corridor, Biltmore, Phoenix Mountains, & SR-51.

6202 N 12th Place, Phoenix

$270,000

3 Beds ⋅ 3 Baths ⋅ 7100792 MLS

Great Investment Property. Rare opportunity to own a three-family property in Phoenix! This unique investment property features three separate 1-bedroom, 1-bathroom units, all currently vacant, offering flexibility for customization and future rental opportunities. Situated on an oversized lot, the property offers exciting potential for expansion and the possibility of adding additional units. An excellent value-add opportunity for investors looking to maximize the property's existing improvements, create multiple income streams, and explore its future potential. Conveniently located near downtown Phoenix, major roadways, shopping, dining, and employment centers. Bring your vision and take advantage of the possibilities this versatile multi-family property has to offer!

3305 W Madison Street, Phoenix

$1,750,000

8 Beds ⋅ 8 Baths ⋅ 7100598 MLS

**RARE 5-Unit INVESTMENT OPPORTUNITY IN THE HEART OF DOWNTOWN PHOENIX!** Located in the desirable Woodland Historic District, this unique property offers incredible versatility with a modern single-family residence and four additional 1-bedroom apartments, all built in 2019! Whether you're looking to expand your investment portfolio, generate multiple rental income streams, or live on-site while renting out the additional units, this property offers endless possibilities! The spacious main residence features 4 bedrooms, 3.5 bathrooms, a den, bonus room, and a 1-car garage. Modern finishes include quartz countertops, stainless steel appliances, vaulted ceilings, and a walk-out patio. Quality block construction and a tile roof add to the appeal. Each of the four 1-bedroom apartments features a spacious great room, full kitchen, private bathroom, and its own washer and dryer. Covered parking and a gated courtyard provide added convenience and privacy. LOCATION, LOCATION, LOCATION! Enjoy easy access to everything Downtown Phoenix has to offer, including the Roosevelt Row Arts District, CityScape, ASU Downtown Campus, professional sporting events, entertainment venues, restaurants, shopping, and vibrant nightlife. An incredible opportunity to own a newer multi-unit property in one of Phoenix's most exciting urban locations. LIVE IN ONE, RENT THE OTHERS, OR MAXIMIZE YOUR INVESTMENT POTENTIAL!

129 N 11th Avenue, Phoenix

$650,000

8 Beds ⋅ 4 Baths ⋅ 7099949 MLS

The unit interiors have been nicely updated. Two are currently rented and one is owner occupied. This property is a Short Sale, any buyer will need to exercise patience while we negotiate your offer with the bank. There are some known issues with the property and it has been priced accordingly.

2101 W Heatherbrae Drive, Phoenix

$599,999

2 Beds ⋅ 2 Baths ⋅ 7099849 MLS

TWO FULLY FURNISHED AIRBNB RENTALS | COMPLETELY RENOVATED HISTORIC DUPLEX | DOWNTOWN PHOENIX! Rare opportunity to own a beautifully renovated, turnkey multifamily investment property in the heart of Phoenix's desirable Garfield Historic District! Currently operating as TWO separate Airbnb rentals, this charming duplex is being sold FULLY FURNISHED, offering an incredible opportunity for investors looking to expand their short-term rental portfolio or buyers seeking a flexible income property. Each thoughtfully updated residence features 1 bedroom, 1 bathroom, a versatile den, private entrance, and stylish modern finishes that perfectly blend historic neighborhood charm with contemporary comfort. LOCATION IS EVERYTHING! Situated near the vibrant energy of Downtown Phoenix, with convenient access to Chase Field, Mortgage Matchup Center, Roosevelt Row Arts District, the popular First Fridays Art Walk, and an incredible selection of restaurants, coffee shops, breweries, nightlife, and entertainment. Sports fans, concertgoers, and visitors alike will appreciate the proximity to Phoenix's major attractions, while the surrounding Garfield neighborhood offers its own unique historic character. Whether you're looking for an established Airbnb property, furnished short-term or mid-term rental opportunities, a long-term multifamily investment, or the chance to live in one residence while renting the other, the possibilities are exceptional! With BOTH units fully furnished, beautifully renovated, and already operating as vacation rentals, much of the initial setup has been completed. TWO SEPARATE RESIDENCES. ONE INCREDIBLE DOWNTOWN PHOENIX INVESTMENT OPPORTUNITY!

509 N 11th Street, Phoenix

$309,000

4 Beds ⋅ 2 Baths ⋅ 7098992 MLS

Duplex in the heart of Phoenix. Both units have two bedrooms and one bathroom with newer roofs, electrical, and HVAC's. The front unit has a newer patio and new windows. Back unit has updated flooring throughout. Exterior of both have been recently repainted and new block wall surrounding property. Close to Route 51, Interstate 10, Highways 101 and 202, Downtown Phoenix, and Phoenix Sky Harbor Airport.

3741 E Fillmore Street, Phoenix

$530,000

5 Beds ⋅ 3 Baths ⋅ 7098734 MLS

This Central City triplex delivers IMMEDIATE INCOME with $4000+ in gross monthly rent already locked in. Three SEPARATELY METERED units--two in the front building, one standalone in back, all currently leased. This property checks all the boxes: immediate income, low management overhead, and clear upside. Central City location means solid tenant demand and easy access to downtown Phoenix. True hands-off operation with SEPARATE ENTRANCES for each unit, private outdoor space, requiring minimal active management and maintaining strong tenant satisfaction. Whether you're a first-time house hacker seeking to reduce your housing costs or an experienced investor building a multifamily portfolio, this three-unit property offers flexibility, immediate income, and growth potential in a stable rental market. Hurry! This won't last. DRIVE-BY ONLY--do not disturb tenants. Walkthroughs by accepted offer only. Buyer to verify all information.

1507 W Tonto Street, Phoenix

$689,990

4 Beds ⋅ 3 Baths ⋅ 7098710 MLS

Investor Opportunity in Central Phoenix's Victor Park/Biltmore Corridor! This triplex offers immediate cash flow and long-term upside in one of Phoenix's most sought-after rental markets. Comprised of two 1-bedroom units and one 2-bedroom unit, the property features spacious private yard areas for each tenant, open parking, mature landscaping, and strong tenant appeal. Conveniently located less than half a mile from AZ-51, providing quick access to Downtown Phoenix, Sky Harbor Airport, Camelback Corridor, and major employment centers. Nearby demand drivers include Phoenix Children's Hospital, Phoenix Indian Medical Center, restaurants, shopping, parks, and outdoor recreation. Recent capital improvements include a newer roof and newer water heaters, helping reduce overhead costs.

4524 N 14th Place, Phoenix

$2,250,000

22 Beds ⋅ 16 Baths ⋅ 7098707 MLS

Adams Street Apartments is a 16-unit apartment community offering immediate value-add potential. Originally configured as 17 units, the property includes a storage room that could be converted back into a studio unit, creating an opportunity for additional rental income. Owned and operated by the same ownership since 2012, the property has benefited from consistent capital improvements, including new roofs, ongoing electrical panel replacements and extensive plumbing updates. Units have also been renovated incrementally as they become vacant. With a majority of long-term tenants paying below-market rents, the property offers investors multiple opportunities to increase income through continued renovations, loss to lease recovery and the restoration of the 17th unit.

1930-1938 E Adams Street, Phoenix

$844,500

8 Beds ⋅ 8 Baths ⋅ 7098319 MLS

WHY START FROM SCRATCH WHEN YOUR INVESTMENT CAN START WORKING FOR YOU FROM DAY ONE? Here's your opportunity to own a beautiful, nearly new duplex in the heart of Phoenix, with an established tenant already leasing BOTH units under a 3-YEAR LEASE AGREEMENT! Built in 2024, this income-producing property offers 3,334 total sq. ft., featuring TWO spacious 4-bedroom, 3.5-bath residences, each with dual primary suites, modern finishes, quartz countertops, stainless steel appliances, two laundry areas, and a 2-car garage. EV charging adds another modern convenience! Minutes from Downtown Phoenix, major employment centers, entertainment, and freeways. YEAR-END INVESTORS, TAKE NOTICE! Secure an income-producing asset with potential depreciation and tax advantages. Why wait to build your portfolio?

1434 S 11th Avenue, Phoenix

$3,200,000

38 Beds ⋅ 38 Baths ⋅ 7098169 MLS

Sierra Vistas Apartments is a 24-unit community offering a rare value-add opportunity in one of North Central Phoenix's most desirable and supply-constrained rental markets. Built in 1957, the two-story, garden-style community consists of (2) studios, (8) 1-bed/1-bath units, and (14) large 2-bed/2-bath units. Residents enjoy an on-site pool, a landscaped courtyard, community laundry, & covered parking. The property offers substantial upside through interior, exterior, & system renovations, giving a new owner the opportunity to unlock meaningful rental growth in a neighborhood with consistently strong tenant demand. Master-metered electric & a central chiller/boiler present further opportunities for a buyer to implement a capital improvement strategy tailored to their investment objectives. Situated in a quiet pocket of the highly sought-after 85014 zip code, the property offers residents convenient access to the Uptown Corridor, the Biltmore, Phoenix Mountains, SR-51, premier healthcare, major employment, popular dining, & everyday retail.

1123 E Sierra Vista Drive, Phoenix

$1,449,000

8 Beds ⋅ 12 Baths ⋅ 7098144 MLS

LOCATION, LOCATION, LOCATION! Modern Downtown Living Meets Contemporary Style! Introducing this stunning, newly built 2026 4-Plex at 170 E Monterey Way in the heart of Phoenix! Each thoughtfully designed residence offers 2 bedrooms, 2.5 bathrooms/ and 1,192 sq. ft.of stylish living space, featuring upscale upgrades, modern finishes, and charming private front patio perfect for morning coffee or unwinding outdoors! Each unit also includes 2 dedicated parking spaces for added convenience. Ideally located within walking distance of downtown phoenix, effortless access to local businesses, dining and entertainment, and the vibrant city lifestyle. Whether your seeking a modern urban home or a prime investment opportunity, this property delivers contemporary comfort in an unbeatable LOCATION!

170 E Monterey Way, Phoenix

$585,000

8 Beds ⋅ 4 Baths ⋅ 7096178 MLS

100% Occupied! Freshly painted 4 plex consisting of all 2 bed / 1 bath units. All units feature tile flooring. Off street parking available for residents. Close proximity to schools and jobs.

3233 W Melvin Street, Phoenix

$499,000

7095968 MLS

Situated on an expansive 35,480-square-foot (approximately 0.81-acre) lot in an evolving North Phoenix neighborhood, this R-3 zoned property presents a compelling opportunity for investors, developers, and visionaries looking to capitalize on the area's continued revitalization and long-term growth potential. Previously operating as a six-unit residential compound with multiple income-producing residences, the property offers a unique opportunity to reimagine its next chapter. The site has sustained significant fire damage, with only one of the original buildings remaining standing, creating an opportunity to explore redevelopment, reconstruction, or an entirely new residential investment concept. With its generous lot size, established residential surroundings, and convenient proximity to major transportation corridors, shopping, dining, and employment centers, the property offers an attractive foundation for a potential income-producing development. Whether envisioning multifamily housing, a thoughtfully designed residential compound, or another permitted use, the possibilities are worth exploring. An opportunity to acquire a substantial parcel in an evolving North Phoenix location and unlock its future potential. Buyer to verify zoning, allowable density, development requirements, and feasibility with the City of Phoenix.

2601 E Paradise Lane, Phoenix

$879,990

5 Beds ⋅ 3 Baths ⋅ 7095796 MLS

Assume a 2.50% fixed-rate VA loan in a 7% market! Veteran and non-veteran buyers may assume with lender approval, potentially saving thousands versus new financing. This North Central Phoenix duplex offers 2,541 sf on a rare quarter-acre lot. Unit A is a single-family-sized 3 bed/2 bath home with an open great room and island kitchen; Unit B is a 2 bed/1 bath; the 2-car garage rents separately for added income. Major updates done: 2023 roof restoration with 5-yr workmanship warranty, dual-pane windows (2023), permitted electrical upgrade (2021), and in-unit laundry in both homes. Live in one unit and let the other help pay the mortgage, or hold as a cash-flowing rental with built-in rent upside. Opportunities like this are rare!

6226 N 14th Street, Phoenix

$1,850,000

22 Beds ⋅ 18 Baths ⋅ 7095479 MLS

The property does not have a lock box. The property is centrally located in the Biltmore/Arcadia area next to central and downtown corridor of Phoenix. It has an easy access to I 51, I 17, and interstate 10. It has an easy access to the Light Rail Stop at 16th St and Maryland Ave. The apartments are individually metered for electricity. They are single story, block construction. The laundry is on the premises. There are 5 parcels. Tax number parcels are: 164-36-015B, 164-36-015C, 164-36-015D, 164-36-015S, 164-36-015T.

1904 E Maryland Avenue, Phoenix

$400,000

4 Beds ⋅ 2 Baths ⋅ 7095463 MLS

NEXT GEN LIVING & INCOME-GENERATING POTENTIAL! This versatile North Central Phoenix property features a 3-bedroom, 1-bath main residence + an attached 1-bedroom apartment. The rare duplex-style configuration offers flexibility for multigenerational living, extended family, guests, or potential rental income. Connected yet separate living spaces provide added privacy while keeping loved ones close. Bring your vision to create a next gen setup, explore rental income to help offset monthly expenses, or expand your investment portfolio. Conveniently located near North Mountain, this unique property offers options to adapt to your lifestyle and goals. Whether you need room for loved ones or space with income potential, discover the possibilities. Two living spaces, an exceptional opportunity and Sunnyslope areas with convenient access to shopping, dining, hiking, recreation, and major Valley freeways, this property combines flexibility with an excellent central Phoenix location. A fantastic opportunity for an owner-occupant or investor--bring your vision and discover all the possibilities this unique property has to offer!

8834 N 6th Place, Phoenix

$3,100,000

28 Beds ⋅ 14 Baths ⋅ 7095112 MLS

A 14-unit apartment community in one of Phoenix's most accessible central locations. Every unit is a two-bedroom one-bath residence, and 12 units have been remodeled recently. The major building systems have also been updated: all air conditioners and water heaters were replaced within the past five years. That gives a new owner a well-maintained asset with limited near-term capital needs to step into a turn key business. The property also has clear, built-in upside. Current rents are about 10-15% below market, so an owner can increase income through rent adjustments. Most tenants are on a month-to-month lease, which lets a buyer move rents to market on their own timeline. The residents are long-term, which points to stable occupancy and a community people choose to stay in. Eight units h have their own washer and dryers and the rest of units use onsite community laundry. The property also includes vacant land with room for an additional fourplex. That gives an investor a path to grow the unit count from 14 to 18 and boost long-term returns through new construction. The location is just south of McDowell Road with quick access to the Loop 202 Red Mountain Freeway. Residents are minutes from Phoenix Sky Harbor International Airport, Downtown Phoenix, and Papago Park. Grocery shopping, schools, and major employment centers are all close by.

1229 N 35th Street, Phoenix

$590,000

3 Beds ⋅ 3 Baths ⋅ 7095048 MLS

Check out this lovely multiple dwelling residence, now for sale in Clifton Place! Nestled on a premium corner lot & featuring a large front yard w/plenty of parking space, this is an opportunity you cannot miss! Each unit boasts a spacious dining & living area w/elegant wood-look flooring and crisp palette throughout, perfect for entertaining. Kitchens come equipped w/shaker cabinetry, quartz counters, recessed lighting, and stainless steel appliances. Cozy bedrooms w/sizeable closets promise a good night's sleep! Enjoy an excellent location w/easy freeway access, close to various restaurants & shopping spots! What are you waiting for? Hurry and act now!

1332 E Campbell Avenue, Phoenix

$540,000

8 Beds ⋅ 300 Baths ⋅ 7094664 MLS

Investor's Delight for CASH FLOW! All units rented, 2br/2ba each for 3 Units with inside laundry. Unit 103 is a 1.5ba. Ideal location to schools close by, Loop 101 and 51, Desert Ridge, Scottsdale & Downtown Phoenix, DRIVE BY ONLY, DO NOT DISTURB TENANTS. There are 4 Leased Units that are each 2 Bedrooms. 103 - $1600 101 - $1500 102 - $1400 201 - $1300 totaling $5,800 Gross Rent/monthly..

2838 E Le Marche Avenue, Phoenix

$3,100,000

25 Beds ⋅ 20 Baths ⋅ 7094624 MLS

Exceptional Investment Opportunity in a Prime Phoenix Location! Papago View Apartments is a 20 Unit Complex consisting of 5 buildings with 4 units each. Built in 1964 with Solid Block Construction on a 36,000 sq. ft. lot, 19 of the 20 Units have been remodeled with new appliances, cabinetry, countertops & HVAC units. The unit mix is 15 One Bedroom Units and 5 Two Bedroom Units with several units having a private yard. Located just off the Loop 202, tenants enjoy quick commutes & proximity to many outdoor attractions such as Papago Park & the Phoenix Zoo. Exterior Inspection Only. Interior Inspection Only Upon Accepted Contract Unless Vacant Unit is Available.

320 N 52nd Street, Phoenix

$450,000

5 Beds ⋅ 1201 Baths ⋅ 7093837 MLS

Cash Flowing Triplex, Priced to Trade Quickly, Market Rents, Low Expenses Near North Mountain, I17, Tile Flooring, Private Patio's, Lots of Parking, Individually Metered for Electricity, Laundry Onsite Opportunity. All facts and figures approximate, Buyer to verify to their own satisfaction.

10213 N 15th Avenue, Phoenix

$325,000

5 Beds ⋅ 3 Baths ⋅ 7093436 MLS

{ INVESTOR ALERT } 3 Units with lots of parking!! Main home is a 2 Bedroom, 1 Bath approx 1080 Sqft with new windows installed as of Sept 2026! Next Unit is another 2 Bedroom, 1 Bath approx 780 Sqft with easy access from the alley! Third unit is a studio with a full bathroom and kitchen approx 336 Sqft. Tandem parking in driveway accessible from the street and extra parking accessible from the alley. Great location in central Phoenix near a major university, freeway, community bus routes, and shopping.

2516 W Pierson Street, Phoenix

$600,000

8 Beds ⋅ 4 Baths ⋅ 7093127 MLS

New Duplex listing ready for tenants and for you to have your investment. Or house hack and live in one and rent the other out for lower living expenses. This one is recently built in 2025 with all the upgrades!

1106 E Papago Street, Phoenix

$2,500,000

8 Beds ⋅ 8 Baths ⋅ 7093044 MLS

Location! Location! Location! Beautiful high-end, nearly new 4-Plex. Fantastic views to downtown, and across from newly renovated Hance Park and dog park and beautiful Japanese Friendship Garden. High-end Finishes, Vaulted Ceilings in upper units, all units have 2 Bedrooms and 2 Bathrooms with laundry in all units. Upper units have walk-out balconies in front and back. Common area includes a built-in BBQ and ramada and turf area with desert landscaping. Each unit has 1 assigned covered parking with one additional covered parking and ample uncovered parking next to the property. Less than 1/2 mi. to light rail and access to SUNS and DBACKS arenas, 1/2 mi. to Portland St. Cultural District and Roosevelt Row Arts District and Banner University hospital! Drive-by only until accepted contract

302 W Culver Street, Phoenix

$1,250,000

6 Beds ⋅ 6 Baths ⋅ 7092931 MLS

Built in 1953 and renovated in 2023, this 6-unit garden-style property features six 1-bedroom / 1-bathroom units with modern interior finishes throughout. Each unit has been renovated with vinyl flooring, quartz countertops, stainless-steel appliances, and updated cabinetry, along with the convenience of their own washer and dryer. A private backyard accompanies each unit, providing residents with ample outdoor space. Situated in Phoenix's Bel-Air neighborhood, the property is less than one mile from the Melrose District along 7th Avenue and offers convenient access to Phoenix Country Club, Encanto Park and Golf Course, and Phoenix College.

1710 W Glenrosa Avenue, Phoenix

$499,000

3 Beds ⋅ 9 Baths ⋅ 7092738 MLS

Proved to Sell! Excellent opportunity to acquire a fully occupied triplex with established rental income. Each 1 bd/1 bath unit is rented at $1,300/month through government voucher programs, generating $3,900 in gross monthly income, including utilities. Subject to voucher requirements and approval, an incoming owner may have the opportunity to amend leases, making tenants responsible for electricity, with adjusted rents of approx. $1,200/month. Updated in 2019 with granite countertops, tile flooring & stainless steel appliances. Roof coated 10/2022. Staggered lease expirations in May, June & September 2027 provide established occupancy and income from day one. Sold AS-IS with light exterior cosmetic improvements needed. Great investor opportunity! Drive by only until under contract.

2522 W Hayward Avenue, Phoenix

$1,849,000

22 Beds ⋅ 11 Baths ⋅ 7092695 MLS

1802 N 26th Pl is an attractive opportunity to acquire a fully occupied 10-unit multifamily asset generating an in-place cap rate of 6.33%, with additional upside through completing remaining interior & exterior renovations. Strong in-place rents and occupancy, coupled with a significant concentration of three and four-bedroom units, provide a compelling competitive advantage in a submarket with strong demand for larger floor plans. Built in 1960, the property has undergone substantial reconstruction and renovation, including five fully reconstructed units and two renovated units in 2021, while three units remain in classic condition. Recent capital improvements include new roofs, plumbing lines, electrical systems, and upgraded interiors across seven units. The favorable unit mix includes one studio, three one-bedrooms, one two-bedroom, four three-bedroom casitas, and one four-bedroom casita, providing broad tenant appeal and diversified rental demand. Select units offer private patios. All five three- and four-bedroom units have their own washer / dryer, and the remaining five units utilize on-site community laundry. Ideally positioned between Central Phoenix and the East Valley, the property is minutes from the I-10, SR-51, and Loop 202 Freeways as well as Phoenix Sky Harbor International Airport, Biltmore FashionPark, and the Camelback Corridor, offering residents convenient access to major employment, retail, dining, and entertainment destinations.

1802 N 26th Place, Phoenix

$600,000

6 Beds ⋅ 4 Baths ⋅ 7092237 MLS

Welcome To ''Westline Luxury Residences'' A Premier New-Construction Investment Opportunity. One Separately Assessed Parcel Includes Two Fully Detached 3-Bed, 2-Bath Residences, Conveying Together At $600K. The 1,125-SF Front Home Has A 2-Car Garage & Projected Rent Of $2,100/Month. The Rear 1,007-SF ADU Has Alley Access, & Projected Rent Of $1,850/Month. Each Residence Has A Private Entrance! Projected Combined Rent Of $3,950/Month. Granite Counters, Soft-Close Cabinetry, Luxury Vinyl Flooring, ALL Stainless Appliances, Washer & Dryer, Low-Maintenance New Construction & No HOA. Near Downtown Phoenix, Shopping, Dining, 10 & 17. Westline Info, Proforma & All Investment Details Available!! Virtual Staging Used. Front Home Address:1829 W Hadley St. Rear ADU Address 1831 W Hadley St.

1829 W Hadley Street, Phoenix

$680,000

4 Beds ⋅ 4 Baths ⋅ 7092067 MLS

Four Plex - Meticuously/ Well Cared for by Owners - Clean and Each Unit very Rentable**All Units Currently Rented/ Some by Long Term Tenants**Great Location**

10048 N 14th Street, Phoenix

$750,000

3 Beds ⋅ 3 Baths ⋅ 7091525 MLS

Trendy and in high demand, A stunning red-brick triplex (front bungalow duplex w/ detached rear home) located in Coronado Historic District! Live in the vacant rear home while collecting income from two rented front units, or rent all three for a Downtown Phoenix multifamily investment located close to major attractions/employers. This 3-unit income property offers house hacking potential and long-term rental flexibility. Each residence features 1BR/1BA with significantly updated systems. Front units showcase original wood floors, brick fireplaces and elevated porches. Fenced backyards, dedicated private storage, separate electric/gas meters and shared driveway/covered parking. Rear unit newly renovated in 9/2026. Historic charm meets income potential in rapidly-developing Central Phoenix!

1801 N 10th Street, Phoenix

$560,000

6 Beds ⋅ 3 Baths ⋅ 7090478 MLS

Central Phoenix Triplex with all 2-bedroom units in a quiet pocket. Attractive post-1980 construction (1984), Solid 6+ CAP. The 2-bedroom units are around 739 sq ft each. Solid neighborhood near GCU in the Westwood Subdivision, just south of Camelback. 2 of the 3 units are fully remodeled with market rents ($1511/$1250 - both occupied). The 3rd unit has classic features & is due to be occupied shortly at $950., Two units on the main level with the 3rd unit on the 2nd floor. Ample paved surface parking. Corner lot. Shared alley offers options. 1st floor units have private patios. Separate laundry room w/ washer/dryer.

2145 W Mariposa Street, Phoenix

$535,000

9 Beds ⋅ 3 Baths ⋅ 7090472 MLS

New price $535,000! Main house plus duplex with 3 residential units configured as 9 furnished rentable rooms in central Phoenix. Approximately 2,276 SF, with 3 bedrooms and 1 bath in each unit per prior records. Seller reports six occupied bedrooms as of November 3; the front house remains vacant. Seller reports more than $120,000 in prior improvements, including kitchens, baths, flooring, windows and site work. Separate entrances, coded access and full-size laundry. Approximately 0.2 miles from 19th Avenue/Camelback light rail. Offered as-is. Seller previously reported missing front-house HVAC; installation has not been confirmed and no pre-closing installation is represented. Buyer to verify current condition, occupancy, rents, expenses, legal unit/room configuration, zoning, permits Three-unit investment offered at $570,000 near Valley Metro Rail at 19th Avenue and Camelback. A main house and duplex total approximately 2,276 SF, configured as three 3BR/1BA units with nine furnished rentable rooms for PadSplit-style operations. Seller reports more than $120,000 in prior improvements, including kitchens, baths, flooring, windows, plumbing, electrical and lighting. Features include separate entrances, coded access and full-size laundry. Seller's October 7 rent report lists five occupied rooms at $805 per month each, totaling $4,025 in scheduled monthly rent; current occupancy and collections require verification. Seller reports missing front-house HVAC; installation has not been confirmed. Property and furnishings convey as-is. Buyer to verify all facts, income, expenses, condition, legal unit/room configuration, permits, zoning and PadSplit requirements. See supplements for additional information.

5038 N 18th Avenue, Phoenix

$539,000

6 Beds ⋅ 3 Baths ⋅ 7090141 MLS

Don't miss out on this Well-Maintained Triplex w/ Three Large 2-Bedroom, 1-Bath Units. Each Tenant has their own W/D hookupsl Well Maintained and updated as needed. Each unit has Kitchens Equipped with Range, Refrigerator & Hood Packages. Conveniently located near freeways, shopping, and dining. Ample parking with a convenient layout. The area is growing. Don't miss out!!

2903 E Wier Avenue, Phoenix

$2,220,000

14 Beds ⋅ 14 Baths ⋅ 7090003 MLS

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

806 W Turney Avenue, Phoenix

$450,000

3 Beds ⋅ 3 Baths ⋅ 7088947 MLS

Three-unit GATED multifamily property near 17th Ave and Hatcher in Phoenix! Each unit includes a living room, kitchen, 1 bedroom, 1 bathroom, tile/vinyl flooring throughout, ceiling fans, washer/dryer in unit, 1 covered parking spot per unit, and private storage for each unit. All units are individually metered for electric and gas. Tenants also pay a 1/3 share of common-area utility bills. Great location near bus routes, Castles N' Coasters, North Mountain Park, El Rancho Market, Rose Mofford Sports Complex, and HonorHealth!

9450 N 17th Avenue, Phoenix

$839,000

8 Beds ⋅ 8 Baths ⋅ 7088191 MLS

Rare opportunity to own a turnkey 4-plex in a great North Phoenix location. All units are two bedroom / two bath with inside washer & dryer hookups. No HOA. Current owner has taken great care of the property. No seller carry.

2931 E Beck Lane, Phoenix

$724,500

6 Beds ⋅ 50 Baths ⋅ 7087882 MLS

Discover modern living in this brand-new two-story duplex located in the desirable South Phoenix area! Each unit features 3 spacious bedrooms, 2.5 bathrooms, walk-in closets, and high-end finishes throughout. Enjoy an open-concept layout connecting the modern kitchen and living areas, perfect for entertaining. Additional features include a private garage and spacious backyard with endless possibilities. Built with quality materials and attention to detail, this home offers the perfect combination of comfort, style, and functionality. Don't miss the opportunity to make this beautiful new home yours!

6024 S 11th Street, Phoenix

$1,099,000

6 Beds ⋅ 4 Baths ⋅ 7087259 MLS

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

1334 E Flower Street, Phoenix

$619,000

7087258 MLS

Fully renovated and fully furnished, this turnkey 3-unit short-term rental in Downtown Phoenix offers strong, documented cash flow and an impressive 4.8+ star Airbnb rating. The asset generated $119,442 in gross revenue in 2024 and $103,198 in 2025, with a two-year average revenue of approximately $111,320, producing operating income of $62,272 in 2024 and $53,719 in 2025, for a two-year average NOI of roughly $57,996--reflecting strong operating margins of about 52%. This is a stabilized, high-margin hospitality investment ideal for investors seeking immediate cash flow, experienced short-term rental operators expanding their portfolio, or buyers looking for a prime-location income property in one of Arizona's fastest-growing urban markets. The property located in a high-demand area of Downtown Phoenix, minutes to Chase Field, the Convention Center, ASU Downtown, Roosevelt Row, Van Buren. The property features one 2-bed/1-bath unit, one 1-bed/1-bath unit, and a private studio--each with its own kitchen, full bath, and separate entrance - providing three independent income streams under one roof. A separate laundry room and storage shed support efficient operations for guests and cleaning staff, while the fenced common courtyard with grill, fire pit, lounge seating, and hammock enhances guest experience and occupancy appeal.

1515 W Tonto Street, Phoenix

$1,100,000

4 Beds ⋅ 4 Baths ⋅ 7087221 MLS

This investment consists of four red-brick historic townhomes located just off Grand Avenue in the Triangle neighborhood, within walking distance of downtown. Each unit includes a private rear yard and full side-by-side laundry. The interiors feature eat-in kitchens with solid wood cabinets, granite countertops, stainless steel appliances, gas ranges, and oversized tub sinks. Units also feature vinyl plank flooring, central AC, double-pane windows and 55 inch TVs. The property is offered at a 5+ cap rate based on current actuals with long-term residents in place. New approved development across the street offers additional future value.

508 N 9th Avenue, Phoenix

$745,000

7086654 MLS

RENOVATED 4 UNITS Short-Term Rental in PRIME Phoenix LOCATION on R-5 zoning. Cap rate 10.6%. 2026 average occupancy rate 72%, Airbnb rating 4.85 out of 5! Comes with confirmed future bookings totaling over $6,000 through Nov 1, 2026 and the established hosting accounts on main short term rentals platforms!!! UNITS: One 2 BD-1BA and Three Studios. Every unit has its OWN kitchen, bathroom and a separate PRIVATE ACCESS. 2 BD unit has it's own Laundry with washer and dryer. The backyard is a common space for all guests with a Grill, Fire pit, Hammock and a separate Laundry shed. Cleaning and maintenance crews use another outside shed for supplies. Each unit uniquely renovated and staged, designed to appeal to a broad range of tenants-perfect for maximizing occupancy & income! The property located in a high-demand area of Downtown Phoenix, minutes to Chase Field, the Convention Center, ASU Downtown, Roosevelt Row, Van Buren.

322 N 11th Place, Phoenix

$449,000

6 Beds ⋅ 4 Baths ⋅ 7086476 MLS

3 bedroom, 1 bath in each unit. Both homes recently remodeled. New roof. Front AC installed 9/2026 and the back AC is 2-3 years old. Back unit is currently tenant-occupied, providing immediate rental income, while the second is vacant and ready for occupancy.

2325 E Roosevelt Street, Phoenix

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