Refine Search
Sort by
402 W Earll Drive, 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

2236 N 28th Place, 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

2916 E Monroe Street, 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

6202 N 12th Place, 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

3305 W Madison Street, 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

129 N 11th Avenue, 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

509 N 11th Street, 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

1507 W Tonto 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

4524 N 14th Place, 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

1930-1938 E Adams Street, 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

1434 S 11th Avenue, 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

1123 E Sierra Vista Drive, 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

170 E Monterey Way, 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

2601 E Paradise Lane, 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

6226 N 14th Street, 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

8834 N 6th Place, 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

1229 N 35th Street, 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

Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

How much is your home worth?

Get instant property value now!