Fourplex Homes for Sale in Phoenix, AZ

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

Courtesy of ATLAS AZ, LLC. 602-481-0648

$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

Courtesy of LISTED SIMPLY. 800-995-5879

$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

Courtesy of My Home Group Real Estate. 602-399-2748

$2,600,000

5 Beds ⋅ 5 Baths ⋅ 7086070 MLS

Do not miss this stunning multi-family property that really has it all! The Clare Collective features 4 units with plenty of amenities, offering endless potential for extra income or multigenerational living. Sought-after location close to the freeway, schools, dining, and everyday necessities. The beautifully updated units feature sizable and welcoming living spaces with wood-look & tile flooring, neutral tones, and well-appointed kitchens with quartz counters and stainless steel appliances. The backyard offers plenty of room for outdoor fun, including pergolas, a sparkling pool, ample seating space with artificial grass, and a basketball court. Come see it before it's too late!

2635 E Clarendon Avenue, Phoenix

Courtesy of West USA Realty. 480-948-5554

$695,000

6 Beds ⋅ 6 Baths ⋅ 7082358 MLS

Four at Willetta is a stabilized, garden-style four-unit multifamily asset located in the highly desirable Biltmore/Arcadia corridor of Phoenix, Arizona. Constructed in the 1980s, the property offers a functional unit mix of two two-bedroom/one-bath units and two one-bedroom/one-bath units, catering to a broad tenant base in a high-demand rental submarket. The property has maintained 100% occupancy for nearly a decade, supported by long-term tenancy and consistent rental demand. Current in-place rents range from $1,100 to $1,350, presenting a clear value-add opportunity as market rents in the immediate area range from approximately $1,200 to $1,450. A new owner has the ability to implement a measured rental repositioning strategy to capture upside while maintaining occupancy stability. Each unit is equipped with central air conditioning, tile flooring, or laminate and white cabinetry, stainless steal appliances, and all units feature private backyard spaces--an amenity that differentiates the asset from competing properties and supports tenant retention. The property has undergone recent exterior capital improvements, including new paint, upgraded fencing and gates, modernized entry doors, enhanced lighting, and refreshed landscaping. All facts and figures are approximate buyer verify MLS info Owner Broker

2444 E Willetta Street Unit 3, Phoenix

Courtesy of Incyte Realty, LLC. 480-409-9900

$550,000

4 Beds ⋅ 4 Baths ⋅ 7081512 MLS

Opportunity to own this stabilized fully occupied, cash flowing investment. Excellent location central to Downtown Phoenix, Tempe ASU, Arcadia, Scottsdale. All units updated in 2020 including floors, kitchen, bathroom, roof, mini-splits/window units. Opportunity to increase monthly rental income. Drive by only DO NOT Disturb tenants.

434 N 42nd Street, Phoenix

Courtesy of My Home Group Real Estate. 480-685-2760

$848,000

6 Beds ⋅ 4 Baths ⋅ 7081203 MLS

A true must see in the heart of Phoenix!! This new build multifamily compound is a new custom build with a modern touch. The modern neutral colors inside and out make these units extremely desirable. The open and well designed floor-plans of all units make this multi family compound a one of a kind property. The property has 2-2 bedroom and 1 bath units and 2-1 bedroom and 1 bath units for a total of 4 units. Market rent is $7,282 per month. This investment opportunity is one you DO NOT want to miss!

6630 S 11th Street, Phoenix

Courtesy of Fathom Realty Elite. 480-576-9200

$709,000

8 Beds ⋅ 4 Baths ⋅ 7080969 MLS

This fourplex consists of all 2 bed / 1 bath units and is located in the robust heart of North Phoenix. The property is fully occupied and stabilized. Additional income could be easily added by simply installing coin operating equipment in the building behind which is already setup as an onsite laundry. Just a few of the area amenities include: North Mountain Park which offers expansive desert hiking trails & scenic views; Sunny Slope Park & Pool which also includes sports courts & picnic areas; and the AZ Canal Path which consists of long trails for walking, running & cycling. Nearby employers include HonorHealth John C. Lincoln Medical Center, the Glendale Union High School District and numerous local retail & small businesses. Buyer to verify all facts & figures.

1319 W Vogel Avenue, Phoenix

Courtesy of Better Homes & Gardens Real Estate SJ Fowler. 480-649-3536

$550,000

8 Beds ⋅ 4 Baths ⋅ 7077446 MLS

1022 North 22nd Place is a 4-unit, garden-style apartment community built in 1986, featuring a desirable unit mix of 100% two-bedroom, one-bathroom apartments. Each unit is separately metered for electricity and includes ample on-site parking. Ideally located just minutes from Downtown Phoenix, Sky Harbor International Airport, and major freeway access, the asset provides a clear value-add opportunity through interior and exterior upgrades and presents strong upside potential.

1022 N 22nd Place, Phoenix

Courtesy of ABI Multifamily. 602-714-1400

$550,000

8 Beds ⋅ 4 Baths ⋅ 7077428 MLS

1018 North 22nd Place is a 4-unit, garden-style apartment community built in 1986, featuring a desirable unit mix of 100% two-bedroom, one-bathroom apartments. Each unit is separately metered for electricity and includes ample on-site parking. Ideally located just minutes from Downtown Phoenix, Sky Harbor International Airport, and major freeway access, the asset provides a clear value-add opportunity through interior and exterior upgrades and presents strong upside potential.

1018 N 22nd Place, Phoenix

Courtesy of ABI Multifamily. 602-714-1400

$620,000

8 Beds ⋅ 7 Baths ⋅ 7076952 MLS

Well-maintained fourplex in Palomino Point/Greenway Manor featuring one 1-bedroom, two 2-bedroom, and one 3-bedroom unit. Three units have been completely remodeled recently, while the fourth has been well maintained. Professional management has kept the property in excellent condition. Most appliances have been updated, along with newer HVAC systems in two units. All four units are currently leased, with the next lease expiring 9/30/26 and the longest through 9/27. Current rents offer upside potential, giving a new owner opportunities to increase revenue as leases renew. Drive-by only; please do not disturb tenants.

2808 E Le Marche Avenue, Phoenix

Courtesy of Compass. 480-776-1555

$1,280,000

12 Beds ⋅ 8 Baths ⋅ 7076583 MLS

Incredible Investment Opportunity in the Heart of Historic Garfield - A rare and highly desirable 4-unit multifamily property nestled in one of Phoenix's most sought-after and culturally rich neighborhoods, the Historic Garfield District. Whether you're a seasoned investor or looking to house-hack your way to financial freedom, this property delivers cash flow with massive upside potential. Each spacious 900 sqft units features 3 bedrooms and 2 full bathrooms, offering a layout that commands top-of-market rents in today's competitive Phoenix rental market. With a projected average rental income of $2,100 per unit per month. Situated in the heart of the Historic Garfield District one of downtown Phoenix's most vibrant , walkable, and character-filled neighborhoods.

1021 E Pierce Street, Phoenix

Courtesy of FSR Realty. 602-826-5566

$685,000

8 Beds ⋅ 4 Baths ⋅ 7074457 MLS

Phoenix 4 plex fully leased and upgraded. All units are 2x1 with laminate flooring throughout and updated bathrooms and kitchens. Units leased at market rate. Parking slabs for easy parking. Individually metered electric. Owner pays for water, sewer, trash, and garbage. Do Not Disturb Tenants. Drive By Only.

1597 W Mountain View Road, Phoenix

Courtesy of HQ Property Services. 714-925-3004

$689,000

8 Beds ⋅ 4 Baths ⋅ 7073941 MLS

Excellent opportunity to own a 4-unit income-producing property with renovations completed approximately 4-5 years ago. The property offers four separate units, providing multiple income streams and strong potential for long-term investment. The renovations add appeal for investors looking for a property with improvements already completed, while still offering potential for future rental growth and appreciation. Conveniently located near shopping, dining, transportation, schools, and everyday amenities, making it an attractive option for tenants. Whether you're an experienced investor looking to expand your portfolio or a buyer seeking a multi-unit property with income potential, this fourplex is an opportunity worth considering.

3411 W Fillmore Street, Phoenix

Courtesy of HomeSmart Realty. 602-230-7600

$1,299,000

4 Beds ⋅ 4 Baths ⋅ 7072928 MLS

Newly Built & Stabilized Phoenix Fourplex - Turnkey Investment Opportunity Exceptional opportunity to acquire a newly built, occupied fourplex completed in 2024. The property consists of four spacious 2-bedroom, 2-bathroom residences, each approximately 930 square feet, offering a modern multifamily product with minimal near-term capital expenditure. Each unit features an open and functional floor plan, contemporary finishes, upgraded kitchens with modern cabinetry and countertops, stainless steel appliances, spacious bedrooms, two full bathrooms, and in-unit stacked washer and dryer. Large windows provide abundant natural light throughout each residence. Unlike much of the surrounding fourplex inventory, this property offers investors the advantages of newer construction.

1306 E Purdue Avenue, Phoenix

Courtesy of ProSmart Realty. 480-540-2213

$550,000

9 Beds ⋅ 8 Baths ⋅ 7071204 MLS

GREAT MULTI-UNIT INVESTMENT PROPERTY! 100% occupancy. Four units with private entrances, spacious floor plans, and ample parking. Updates include 3 updated showers, hot water heaters, & exterior paint. Unit 3 and 4 have a shared balcony. Unit 1 and 2 have spacious fenced patios. Each unit has a garage. Unit 1 has a two car garage. Regular maintenance performed. Property is walking distance to school, medical, shopping, Walmart, library, park, & more! Quick access to highway 17 and the 60!! Tenants' rights apply, do not disturb tenants.

4401 N 53rd Lane, Phoenix

Courtesy of eXp Realty. 888-897-7821

$725,000

6 Beds ⋅ 4 Baths ⋅ 7070756 MLS

Fourplex available! Great Income! Perfect for a house hack opportunity. Features 4 units: a 2-bedroom/1-bath home with front and back yards and a driveway rented at $1,550/month, plus 3 units in a separate building--a studio ($950/month), 1-bedroom/1-bath ($1,000/month), and 2-bedroom/1-bath ($1,500/month). Total rents are $5,000/month. New roof in 2021. New exterior paint in 2026. Tenants pay gas/electric. Owner pays water, sewer, and trash. Drive by only. Do NOT disturb tenants.

2228 N 20th Street, Phoenix

Courtesy of Compass. 480-776-1555

$1,600,000

7 Beds ⋅ 4 Baths ⋅ 7066970 MLS

RENOVATED FOUR-PLEX IN PRIME CAMELBACK EAST VILLAGE LOCATION WITH INCREDIBLE INCOME POTENTIAL! Beautifully updated and perfectly positioned between the highly desirable Biltmore area and Downtown Scottsdale, this turnkey four-plex is an exceptional opportunity in one of Phoenix's strongest rental submarkets, Camelback East Village. Each unit features custom cabinetry, wood flooring throughout, modern frosted glass doors, and ceiling fans throughout. All units are individually metered for electricity and include in-suite washer and dryer, offering tenants maximum convenience. Residents also enjoy covered carport parking and spacious private yards. The property has been well-maintained with significant updates, including a roof replacement in 2011, two air conditioning units replaced that same year, and the remaining units updated in 2016 and 2021. This property offers a low-maintenance, fully renovated investment in a prime central Phoenix location, just minutes from top dining, shopping, and entertainment.

3110 N 39th Street, Phoenix

Courtesy of Grigg's Group Powered by The Altman Brothers. 480-788-0929

$1,200,000

8 Beds ⋅ 8 Baths ⋅ 7065881 MLS

Do not miss the fantastic opportunity to own this 4-plex no HOA! All four units feature a practical and spacious floor plan with soaring vaulted ceilings, wood-look flooring in main living areas, fireplace, and well-appointed kitchen with built-in appliances. Two bedrooms and two bathrooms for added convenience. Nicely sized backyard with covered patio. Great location close to dining, medical facilities, and freeways! Act before it's too late!

319 E Coronado Road Unit 1, Phoenix

Courtesy of A.Z. & Associates. 602-456-7600 Selling Office: Blue Sky Living, LLC.

$690,000

9 Beds ⋅ 5 Baths ⋅ 7064823 MLS

This 4-unit property in Phoenix presents a compelling opportunity for the owner-occupant or buy-and-hold investor looking to enter or expand in one of the Valley's most resilient rental markets. The offering features a desirable unit mix of three 2-bedroom residences and one spacious 3-bedroom unit, ideal for the house hacker looking to offset their mortgage while building long-term equity. The property is move-in ready with meaningful updates already in place, allowing an investor to step in with confidence while still having a clear runway to add value through strategic improvements and rental rate optimization.

2440 E Waltann Lane, Phoenix

Courtesy of Orion Investment Real Estate. 480-634-6934

$550,000

8 Beds ⋅ 4 Baths ⋅ 7062340 MLS

The 15th Street fourplex consists of four 2-bedroom, 1-bath units, each approximately 650 square feet. Average rents are $1,107 per unit, producing gross annual income of approximately $53,160. Operating expenses are low, with the owner responsible only for water, sewer, and trash. Three of the four units have been renovated, and two HVAC systems have been replaced within the last 2-4 years. Located in the highly desirable Garfield Historic District, the property offers historic charm, excellent walkability, and close proximity to Roosevelt Row, making it an attractive investment with strong long-term upside in one of downtown Phoenix's most sought-after neighborhoods.

377 N 15th Street, Phoenix

Courtesy of Compass. 480-776-1555 Selling Office: Non-MLS Office.

$995,000

7 Beds ⋅ 4 Baths ⋅ 7062031 MLS

The Axl in Garfield is a 4-unit garden-style property of solid block construction, built in 1965, 1968, and 1996 and was extensively renovated and modernized in 2025, with approximately $55k per unit in capex.. The community includes (3) 2-bed / 1-bath units and (1) 1-bed / 1-bath unit, each with fully renovated interiors featuring upgraded flooring, cabinetry, countertops, stainless steel appliances, and in-unit washer/dryers; select units also include private fenced yards. Residents enjoy dedicated parking, and easy access to Downtown Phoenix, all within the historic Garfield Historic District, one of Phoenix's most vibrant urban enclaves. With residential financing available, The Axl in Garfield offers a turnkey, cash-flowing investment in a dynamic infill location.

1338 E Fillmore Street, Phoenix

Courtesy of ABI Multifamily. 602-714-1400

$950,000

4 Beds ⋅ 4 Baths ⋅ 7060954 MLS

Two stand alone duplexes, 4 large spacious units in total. LOTS of parking with additional guest parking available too. Tenants in place for several years. Prime central phx location close to everything. Units updated in 2019. Tenants in place, drive by only.

1405 E Roosevelt Street, Phoenix

Courtesy of Realty ONE Group. 480-321-8100

$650,000

5 Beds ⋅ 4 Baths ⋅ 7059467 MLS

Fantastic investment opportunity! This well-maintained 4-plex features three spacious 1-bedroom, 1-bath units and one generous 2-bedroom, 1-bath unit. Conveniently located near shopping, dining, parks, and major commuter routes, it offers the perfect blend of comfort and accessibility. Enjoy off-street parking and stunning mountain views. A great option for both investors and owner-occupiers seeking rental income in a desirable location.

10648 N 15th Avenue, Phoenix

Courtesy of Realty ONE Group. 480-315-1240

$699,000

8 Beds ⋅ 4 Baths ⋅ 7057074 MLS

3801 N 23rd Drive, Phoenix

Courtesy of Compass. 480-776-1555

$799,900

8 Beds ⋅ 4 Baths ⋅ 7056928 MLS

SELLER FINANCING AVAILABLE! Words can't fully capture the value of this impeccably maintained four-plex, where pride of ownership is evident throughout. Ideally situated in a highly desirable rental community, this property offers both stability and long-term upside for any investor. Each of the four units features a 2-bedroom, 1-bath layout with 926 square feet, providing comfortable and functional living spaces that remain in high demand. Three units are currently occupied, delivering immediate cash flow, while Unit #4 is vacant and available to show. Each unit includes French doors leading to a spacious front deck or patio area, creating a welcoming indoor-outdoor feel. The downstairs units enjoy private fenced yards, a rare amenity that enhances tenant appeal.

3823 N 23rd Drive, Phoenix

Courtesy of eXp Realty. 888-897-7821

$358,500

7056584 MLS

EXCEPTIONAL INVESTMENT OPPORTUNITY IN A PRIME LOCATION! This single-story, four-unit multifamily property, built in 1953, presents an outstanding value-add opportunity for investors. The property features four 1-bedroom, 1-bath units, all currently vacant and ready for renovation, providing a blank canvas to maximize your investment vision. Prime Location: Conveniently located near US-60 (Grand Avenue) with easy access to I-10, I-17, and Loop 202, offering seamless connectivity throughout the Phoenix metro area. Future Growth Potential: A planned light rail extension along Van Buren is expected to further enhance accessibility and position this property within a growing transit-oriented corridor. Excellent Convenience: Just minutes from Downtown Phoenix and Phoenix Sky Harbor International Airport, making it an attractive location for future tenants seeking easy access to employment, entertainment, and transportation. The property requires renovation to address deferred maintenance, and the competitive list price reflects this exceptional opportunity. With strong rental demand and significant upside potential, this is your chance to transform a distressed asset into a high-performing investment.

110 N 33rd Avenue, Phoenix

Courtesy of JM Realty. 480-785-5612 Selling Office: JM Realty.

$525,000

8 Beds ⋅ 4 Baths ⋅ 7055439 MLS

Exceptional investment opportunity to acquire a well-located four-unit apartment Ideally situated just minutes from Downtown Phoenix, Phoenix Sky Harbor International Airport, and major freeways, this property offers strong rental demand and outstanding value-add potential. The property features four 2-bedroom, 1-bathroom units, providing an attractive unit mix for tenants. Investors will appreciate the significant upside in rental income, with below-market rents offering the opportunity to increase cash flow over time. Recent capital improvements include a roof replaced approximately 6 years ago and two HVAC units replaced approximately 5 years ago, helping to minimize near-term maintenance costs. Each unit is individually metered for electricity, while low City of Phoenix water, sewer, Trash and taxes contribute to an efficient operating expense ratio. All facts and figures are approximate, buyer to verify to their own satisfaction.

3702 E Polk Street, Phoenix

Courtesy of Levrose Real Estate. 480-947-0600 Selling Office: Axen Realty, LLC.

$709,000

8 Beds ⋅ 4 Baths ⋅ 7053664 MLS

Rare investment opportunity in Phoenix. This is a four-unit, two-story multifamily dwelling is designed for rental income with three of the four units currently occupied. The layout features four 2-bedroom, 1-bathroom units. Having one unit vacant gives you the opportunity to view the rental space without disturbing residents.

1321 W Vogel Avenue, Phoenix

Courtesy of One Stop Realty. 480-584-3266

$899,000

8 Beds ⋅ 8 Baths ⋅ 7051475 MLS

Price Reduced! This turnkey fourplex is located in North Phoenix & features large 915sqft units which are all 2 bed/2 bath. The unit interiors were fully remodeled in 2022 which included: new flooring; new kitchen cabinets & countertops; all new kitchen appliances; new bathroom vanities, plumbing fixtures, & more. The in-suite washers & dryers will also convey. The lower units have private patios & the upper units have private balconies. The lot size is very large and parking is plentiful. Lookout Mountain is nearby as well as the 51 freeway for easy access. Major employers nearby include Paradise Valley Unified School District, North Mountain Medical Center & Walmart Supercenter. The property is not governed by an HOA. Drive by only...please do not disturb tenants.

2726 E Beck Lane, Phoenix

Courtesy of Better Homes & Gardens Real Estate SJ Fowler. 480-649-3536

$585,000

7050961 MLS

Fantastic investment opportunity! This well-maintained single-story fourplex features two 2-bedroom, 1-bath units renting for $1,950/month each and two 1-bedroom, 1-bath units renting for $1,650/month each. Several units have been updated, while others offer value-add potential for increased rental income. This property is a true cash-flow opportunity with strong current returns. The adjacent lot is also available for purchase, creating a rare package deal. The neighboring parcel is zoned C-2, offering excellent potential for future commercial development or expansion (buyer to verify zoning and permitted uses). Don't miss this outstanding investment!

2014 E Broadway Road, Phoenix

Courtesy of My Home Group Real Estate. 480-685-2760 Selling Office: eXp Realty.

$999,000

4 Beds ⋅ 4 Baths ⋅ 7044182 MLS

Excellent four-unit multifamily investment property in the Phoenix metro area, minutes from Downtown Phoenix and the Sports Center. Updated in 2022, this well-maintained complex offers strong cash-flow potential with estimated annual income of approximately $50,000. Features include four spacious units with separate bedrooms (no studios), tile flooring throughout, in-unit laundry, and all appliances included, including refrigerators, washers, and dryers. Each unit has dedicated storage and assigned parking. Additional highlights include security doors and windows, privacy fencing, no HOA, Phoenix city tax municipality, and eligibility for subsidized housing programs. A low-maintenance, turnkey investment opportunity in a desirable location.

1438 E Adams Street, Phoenix

Courtesy of AH Properties. 602-863-1500

$689,000

8 Beds ⋅ 4 Baths ⋅ 7042041 MLS

Cochise Drive fourplex consists of ALL 2 Bed/1 Bath units approximately 700 SF Each with washer/dryers, carport, and private yards. Most of the tenants have been their for 3+ years. Current rents: ALL at $1,400. Sewer line down to city line was completely redone. Drive-by only until accepted contract or LOI.

1328 W Cochise Drive, Phoenix

Courtesy of Compass. 480-776-1555 Selling Office: eXp Realty.

$610,000

8 Beds ⋅ 8 Baths ⋅ 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

Courtesy of My Home Group Real Estate. 480-685-2760

$749,000

7 Beds ⋅ 5 Baths ⋅ 7039046 MLS

Exceptional investment opportunity featuring a total of seven units, including a single-family residence & eligible for residential financing. Located near GCU, the freeway, shopping, and other amenities, this property offers strong tenant appeal. Estimated CAP Rate: 6%. 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

Courtesy of West USA Realty. 602-942-4200

$995,000

10 Beds ⋅ 6 Baths ⋅ 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

Courtesy of Mark Brower Properties, LLC. 480-336-2556

$299,900

11 Beds ⋅ 60 Baths ⋅ 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

Courtesy of Kosh Realty. 602-550-4842

$569,000

14 Beds ⋅ 14 Baths ⋅ 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

Courtesy of Southwest Property Sales & Leasing. 480-838-6631

2709 E Willetta Street Unit FRNT, Phoenix

$889,000

5 Beds ⋅ 5 Baths ⋅ 7036877 MLS

4-unit apartment community. The front house was originally constructed in 1905, while the triplex was built in 1984 using block masonry. The property was extensively renovated in 2023, with approx $62,500 per door in capex per unit. Each unit is equipped with new in-suite washer and dryer. Upgrades include new roof, flooring, cabinets, countertops, ac 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-bed, 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 indiv. metered for electricity.

2709 E Willetta Street Unit FRNT, Phoenix

Courtesy of ABI Multifamily. 602-714-1400

$350,000

4 Beds ⋅ 4 Baths ⋅ 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

Courtesy of Avenue Home Realty. 602-888-1272

$899,000

9 Beds ⋅ 6 Baths ⋅ 7034814 MLS

Rare Uptown Phoenix 4plex+ compound on one lot that runs from Coolidge to Highland. Close to a 7 CAP - 6.88 with room to raise rents. 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. 7+ CAP potential. Under $225/sf-highly competitive. Seller financing considered.

746 W Coolidge Street, Phoenix

Courtesy of Better Homes & Gardens Real Estate SJ Fowler. 480-649-3536

$669,000

8 Beds ⋅ 4 Baths ⋅ 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

Courtesy of HomeSmart. 602-230-7600

$520,000

9 Beds ⋅ 5 Baths ⋅ 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

Courtesy of HomeSmart. 602-230-7600 Selling Office: Non-MLS Office.

$925,000

12 Beds ⋅ 8 Baths ⋅ 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

Courtesy of Keller Williams Realty Phoenix. 480-768-9333

$659,000

4 Beds ⋅ 4 Baths ⋅ 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

Courtesy of SRL Group. 480-612-0367

$659,000

4 Beds ⋅ 4 Baths ⋅ 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

Courtesy of SRL Group. 480-612-0367

$614,999

8 Beds ⋅ 4 Baths ⋅ 7032228 MLS

Don't miss out! This low maintenance fourplex is great for cashflow. Property is Located near mostly residential homes, schools (elementary & HS), and within 5 miles of downtown Phoenix. All units have white shaker cabinets, 3 units remodeled with quartz countertops, shaker cabinets and vinyl plank and wood tile flooring, & stainless-steel appliances. 1 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, and 1 unit is Month to Month. Owner/ Agent.

1001 N 32nd Avenue, Phoenix

Courtesy of My Home Group Real Estate. 480-685-2760

$520,000

7031584 MLS

Excellent value-add investment opportunity with immediate upside potential. All four units are currently tenant occupied at below-market rents, creating an opportunity to increase income through rental adjustments or unit renovations. The property features a desirable unit mix consisting of one 3BD/2BA, two 2BD/2BA units, and one 2BD/1BA unit. The ground-floor units each offer private yard space, adding desirable outdoor amenities for tenants. Each unit is individually metered for electricity, and the property includes a shared on-site laundry facility along with garage parking. Conveniently located near major local and regional employment centers, Grand Canyon University, the YMCA, Maryvale Park and pool facilities, schools, healthcare providers, and shopping centers.

4421 N 53rd Lane, Phoenix

Courtesy of Compass. 480-776-1555 Selling Office: Orion Investment Real Estate.

$529,000

6 Beds ⋅ 4 Baths ⋅ 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

Courtesy of Wealth Builder Real Estate Services. 480-807-3493

$982,000

7024755 MLS

Uptown Phoenix Class ''A'' Location In Sought After 85014 Zip Code. 4 Large 2 Bedroom 1 Full Baths/Tubs 900+/- sf Units With Private Yards That Sits On a Huge 15,000 sf Corner Lot with Mature Shade Trees, Covered Parking and Onsite Laundry. Pride Of Ownership Shines All Over These Two Well Maintained Masonry/Brick Buildings. Current Rents Are Low Market with Lots of Room To Run For Many Years To Come At This Class A Location. Facts and Figures Approximate, Buyer to Verify to Their Satisfaction.

6024 N 12th Street, Phoenix

Courtesy of Better Homes & Gardens Real Estate SJ Fowler. 480-649-3536 Selling Office: West USA Realty.

$625,000

8 Beds ⋅ 8 Baths ⋅ 7023723 MLS

Amazing investment fourplex in North Phoenix! Premium corner building with no shared walls, and easy access to covered parking for tenants. Units consist of: four 2bed/2bath units. All units have a large square footage and modern layouts and all include washer/dryer hookups. Great rents that make it a no brainer for any investor. Monthly HOA dues INCLUDE: common area maintenance, landscaping, community pool, parking enforcement, and gated access.

2826 E Marconi Avenue, Phoenix

Courtesy of HomeSmart. 602-230-7600

$949,000

5 Beds ⋅ 4 Baths ⋅ 7022517 MLS

Very charming and quiet mid-century apartment community in midtown Phoenix situated just north of the Phoenix country club features a garden style four-unit building and a beautiful two-bedroom home (separate listing) surrounding a lush green community courtyard! The apartment units have been meticulously upgraded with beautiful flooring, tiling, paint, appliances, ceiling fans and lighting. An array of improvements and enhancements on this stunning property have created an environment where tenants typically remain for a long time! Ideal set-up for someone who wants to reside in the mid-century home while renting the units out. Or perfect AirBnB! This one's truly a gem in a fantastic location near light rail, Biltmore and downtown!

3515 N 12th Street, Phoenix

Courtesy of DeLex Realty. 602-910-3002

$625,000

8 Beds ⋅ 8 Baths ⋅ 7021967 MLS

Amazing investment fourplex in North Phoenix! Premium corner building with no shared walls, and easy access to covered parking for tenants. Units consist of: one 1bed/1bath unit, two 2bed/2bath units, and a 3bed/3bath unit. All units have a large square footage and modern layouts and all include washer/dryer hookups. Three units have ground level patios that open onto a large common area and three units also feature upper level balconies. Great rents that make it a no brainer for any investor. Monthly HOA dues INCLUDE: common area maintenance, landscaping, community pool, parking enforcement, and gated access.

2833 E Le Marche Avenue, Phoenix

Courtesy of HomeSmart. 602-230-7600

$590,000

7021296 MLS

Investor-friendly fourplex with strong upside: single-level design, block construction, pitched roof, individually metered electric, and in-unit washer/dryer hookups. Each unit has private outdoor space (1BRs with fenced patios, 2BRs with fenced yards). Plenty of parking with 4 covered spaces plus 6 extra spots (very rare). Each unit has its own storage. Individual trash bins for each tenant. Great unit mix (two 2BR, two 1BR) with below-market rents--prime value-add opportunity.

9643 N 10th Avenue, Phoenix

Courtesy of Pacwest Properties, Inc. 623-780-1711 Selling Office: My Home Group Real Estate.

$899,999

8 Beds ⋅ 7020709 MLS

Huge opportunity to own a 4-plex investment property in a prime location! Situated in the rapidly growing and highly desirable central Phoenix area near the Downtown, Midtown, and Encanto Corridors, this is an exceptional opportunity for long-term wealth creation and strong rental demand. With no HOA fees, operating costs stay lower and returns stronger. The property features four well-maintained units, each offering 974 sq ft with 2 bedrooms and 2 bathrooms. One unit has been recently remodeled, with another currently undergoing renovations. Two units are currently leased below market rents, while two units are vacant during the remodel process, creating immediate upside potential. Strong value-add opportunity with projected rents of $1,450-$1,700 per month based on nearby comparable properties. Centrally located property just minutes from downtown phoenix with convenient freeway access and strong rental potential. Situated in an established neighborhood with a mix of resident and investment properties. fully remoldeled unit for rent at $1,500.00

3422 N 12th Place, Phoenix

Courtesy of Howe Realty. 602-909-6513

$605,000

6 Beds ⋅ 4 Baths ⋅ 7020368 MLS

Well-located 4-plex just minutes from Grand Canyon University presents a strong opportunity for investors seeking consistent income and long-term growth. Its proximity to a major university creates steady rental demand, making it ideal for student housing or long-term tenants. The property offers reliable cash flow with solid income potential, along with the advantage of being in a high-demand rental area. Convenient access to shopping, dining, and major freeways further enhances its appeal to tenants. Whether you are expanding your portfolio or looking for a dependable income-producing asset, this 4-plex is a valuable addition with both immediate returns and future appreciation potential.

5820 N 35th Avenue, Phoenix

Courtesy of A.Z. & Associates. 602-456-7600

$900,000

17 Beds ⋅ 10 Baths ⋅ 7013792 MLS

FULLY REMODELED UNITS! This multi-family property presents a strong, turnkey investment opportunity with immediate and reliable cash flow. The asset consists of four units, including two 2 bedroom 2 bath units and two 1 bedroom 1 bath units, offering a desirable unit mix that attracts a broad tenant base. Each unit has been thoughtfully upgraded with modern finishes, minimizing near term capital expenditures and reducing ongoing maintenance concerns. The 2 bedroom units average approximately 850 square feet, while the 1 bedroom units offer around 700 square feet, providing efficient and highly rentable layouts. The property delivers excellent income performance, with all units renting at 1,200 per month, creating consistent and predictable revenue. This makes it an ideal opportunity investors seeking stable cash flow, strong rental demand, and a low maintenance asset. With its combination of renovations, solid in place rents, and appealing unit mix, this property is well positioned for long term appreciation and continued income growth.

2925 N 38th Street, Phoenix

Courtesy of Keller Williams Integrity First Realty. 480-854-2400

$537,000

7011513 MLS

Calling all investors! Incredible opportunity to own a fourplex in the heart of Phoenix with major upside potential. This property offers a strong value-add opportunity for the right buyer ready to complete renovations and maximize income. Unit 1 has been fully demoed and is ready for renovation, offering a blank slate to create a turnkey 3-bedroom, 2-bath unit with in-unit laundry. Units 3 and 4 have been partially remodeled and are awaiting completion. Both units are 1-bedroom, 1-bath layouts. Units 1, 3, and 4 are currently vacant. Unit 2 is tenant occupied at this time, though the tenant is expected to vacate. Whether you're looking to renovate and hold, reposition for stronger rents, or add to your investment portfolio, this fourplex presents a rare opportunity in a desirable central Phoenix location.

2301 E Harvard Street Unit 4, Phoenix

Courtesy of Keller Williams Realty Sonoran Living. 480-948-3338 Selling Office: Non-MLS Office.

$1,099,000

7003359 MLS

4-unit, garden-style asset fully renovated down to the studs in 2026, offering a true turnkey investment. The property features 100% 2-bedroom, 1-bathroom units with vaulted ceilings and added square footage, creating an open-concept feel. Interiors have been fully modernized with new kitchens, bathrooms, flooring, and contemporary finishes throughout, along with in-unit washer and dryer in every unit. The asset is individually metered for electricity, helping minimize operating expenses, and each unit includes a private backyard with low-maintenance turf, delivering a single-family home feel. Centrally located in Phoenix with immediate access to downtown, major employment hubs, and freeways. Seller financing available, please reach out for terms.

1805 N 31st Street, Phoenix

Courtesy of ABI Multifamily. 602-714-1400 Selling Office: MCO Realty.

$560,000

7003212 MLS

Four-unit garden-style property consisting of one duplex in the front and two detached units in the rear, all situated on one parcel in Central Phoenix's Woodland Historic District. Built across three eras, 1913, 1926, and 1968, the units feature original hardwood floors and historic charm throughout. Individually metered for electricity with a shared courtyard and outdoor common area in the rear. Value-add potential exists through interior and exterior upgrades. Located within a designated historic neighborhood known for its early 20th century bungalows and tree-lined streets, minutes from Downtown Phoenix, Roosevelt Row, the Grand Avenue Arts Corridor, Chase Field, and major employment corridors along I-10 and I-17.

1333 W Woodland Avenue, Phoenix

Courtesy of ABI Multifamily. 602-714-1400 Selling Office: eXp Realty.

$315,000

6998956 MLS

Fire Sale! Literally. This 4 unit Multi-family dwelling has had two units damaged by fire. 2 units are still inhabitable and have tenants. This is a cash deal only, and we are entertaining all offers. The price is reflective of a starting point. Fully rebuilt, the units will sell for approximately $650k. Access can be had to assess damage only by a general contractor, and I highly recommend all safety precautions when entering. Units 101 and 102 are leased mtm, at $1432, and $1025 respectively. Insurance funds will all be retained by the seller.

2825 E Paradise Lane, Phoenix

Courtesy of Compass. 480-776-1555 Selling Office: HomeSmart.

$665,000

6 Beds ⋅ 4 Baths ⋅ 6996611 MLS

This offering includes a single-family home and a triplex in a prime infill location directly adjacent to Downtown Phoenix. It provides stable in-place income with upside through renovation and rent growth. Recent capital improvements include new electrical meters, new gas lines, and upgraded water lines throughout portions of the property. Additional upgrades include a new roof on the single-family home (2023), PEX lines, dual pane windows, mini-split AC systems installed in 2025, and a roof recoating on the triplex completed in 2025. The adjacent property at 718 W Fillmore is available as well. That property includes 2 fully renovated multifamily units. The properties may be acquired together or separately, providing investors flexibility to tailor the acquisition to their strategy.

712 W Fillmore Street, Phoenix

Courtesy of Orion Investment Real Estate. 480-634-6934

$999,900

7 Beds ⋅ 4 Baths ⋅ 6992526 MLS

Central Phoenix 4 Unit Property Near Melrose & Light Rail Located at 3630 N. 15th Ave, this well situated 4-plex places residents in the center of everything Phoenix has to offer. Minutes from Uptown dining, shopping, entertainment, and transit, the property attracts renters seeking convenience and urban living. Each unit offers comfortable living spaces, on site parking, and easy access to I-17 and downtown. A rare opportunity to own a multi unit property in a high demand rental corridor with strong long term appreciation.

3630 N 15th Avenue, Phoenix

Courtesy of Striker Realty. 602-809-5750

$580,000

14 Beds ⋅ 14 Baths ⋅ 6992217 MLS

4-unit multifamily property located within the Palomino Pointe HOA in North Phoenix. Built in 1982. Unit mix consists of (1) 1-Bed / 1-Bath, (1) 2-Bed / 1-Bath, (1) 2-bed /1-Bath and (1) 3-Bed / 3-Bath units. Interior and exterior improvements include new HVAC systems (2025), updated cabinets in select units, updated flooring in select units, and updated interior paint. Each unit includes one covered parking space with additional guest parking available. HOA amenities include pool, common areas, trash collection, landscaping, and pool maintenance. Convenient access to SR-51, Loop 101, and nearby retail.

2828 E Tierra Buena Lane, Phoenix

Courtesy of ABI Multifamily. 602-714-1400

$725,000

11 Beds ⋅ 4 Baths ⋅ 6989127 MLS

Turnkey cash-flowing fourplex in a prime Phoenix location! This fully renovated property is a low-maintenance gem with all major upgrades handled: brand-new roof, all HVAC units replaced under current ownership, new water heaters, and a freshly painted exterior. Excellent unit mix consisting of (1) 3BD/2BA unit, (2) 3BD/1BA units and (1) 2BD/1BA unit. Every unit is updated with modern finishes, including LVP or tile flooring (no carpet) and ceiling fans. Spacious layouts feature full appliance packages and private balconies/patios. Rare four-car garage provides dedicated tenant parking and storage. Ideally located near the I-17 for fast access to Downtown Phoenix, GCU, and Glendale events. Meticulously maintained with strong tenant demand. Perfect for a 1031 exchange or owner-occupant!

3302 W Northern Avenue, Phoenix

Courtesy of Get Multifamily. 480-795-7938

$899,000

8 Beds ⋅ 4 Baths ⋅ 6988566 MLS

This high-yield, well-maintained fourplex in Phoenix is perfectly situated in a quiet cul-de-sac, just south of McDowell & 48th St. Featuring four 2-bedroom, 1-bathroom units, this turnkey property boasts durable block construction and ceramic tile flooring, along with several recent updates. With convenient access to major freeways, supermarket, stores, and located just across from elementary school, these units are highly desirable and in great demand. 4 UNITS FULLY OCCUPIED; Units 1 and 2 have just been remodeled/upgraded. Units 3 and 4 have long-term tenants. Roofing replaced in 2017. All water heaters are newer (2021-2025). Each unit has its own private patio as well as washer/dryer hook-ups. Separate storage room outside unit 4. Amazing 6.4% CAP.

1321 N 48th Place, Phoenix

Courtesy of HomeSmart. 602-230-7600

$915,000

6987958 MLS

Turn-key stabilized Central Phoenix 4-plex in a proven rental corridor. Comprised of a freestanding 2-bed/1-bath home plus three 1-bed/1-bath units, offering diversified unit mix and strong in-place tenancy. All units offer modern kitchens and baths, tile flooring, recessed lighting and north/south exposure. Recent capital improvements include full termite treatment with transferable warranty, major HVAC updates, new water heater 2024, exterior paint 2021 and seal/coat driveway 2023. Owner pays gas (2 water heaters) and water/sewer; tenants pay electric, cable, etc. No HOA. Consistent occupancy history and proximity to the Camelback and Biltmore corridors. Dedicated parking at back of community. Durable infill location with long-term appreciation and rental growth potential.

1225 E Campbell Avenue, Phoenix

Courtesy of Cambridge Properties. 602-493-5100 Selling Office: Realty ONE Group.

$670,000

6986730 MLS

Beautifully renovated fourplex consisting of all 2 bed / 1 bathrooms. Each unit feels like a home with its own carport for each unit and backyard. Completely renovated with barn doors, stainless steel appliances, flooring, bathrooms, etc. Located within 1 mile of the Rose Mofford Sports Complex and 1.5 miles to the Metrocenter Entertainment & Dining Complex. Fully Occupied!

10002 N 18th Avenue, Phoenix

Courtesy of ABI Multifamily. 602-714-1400 Selling Office: Keller Williams Arizona Realty.

$719,000

6 Beds ⋅ 4 Baths ⋅ 6986269 MLS

Four-unit income property with in-place rents of $61,287 annually and low operating expenses. Unit mix includes (1) studio, (1) 1BD/1BA, and (2) 2BD/1BA units, all comprehensively updated with new flooring, cabinetry, countertops, walk-in showers, and stainless appliances. The studio was fully rebuilt, creating a turnkey asset with no deferred maintenance. All units are individually metered for electricity, water, and gas, keeping expenses low and NOI clean. Ideal for owner-occupants using VA or FHA financing or investors seeking a stabilized, low-maintenance asset. Rent roll and financials available upon request.

1425 E Roosevelt Street, Phoenix

Courtesy of ABI Multifamily. 602-714-1400

$900,000

6984256 MLS

Remodeled 4-Plex Investment property in the North Phoenix. The property has 4 2bedroom/2bath units, large size with upgraded appliances, in suite washer/dryer and more. Community features sparkling pool, parks and playground. Close to A-rated, schools, shopping, amenities and commuter highways. Perfect for a passive income property with upside in rents. The property is Tenant occupied so interior viewings upon mutually accepted offer only. Submeters have been installed at mina water line to allow proper water billing to tenants to offset water cost.

1548 W Sahuaro Drive, Phoenix

Courtesy of AZ Equity Properties. 480-588-2211 Selling Office: Jason Mitchell Real Estate.

$799,000

6982836 MLS

Four at Pierson | W Pierson Street | Phoenix, AZ 85017. Positioned in a high-demand rental corridor just minutes from Grand Canyon University, major parks, and immediate freeway access, Four at Pierson presents a Four at Pierson presents a remodeled (3 out of the 4 units are extensively remodeled) converted fourplex investment opportunity in the heart of Phoenix. This thoughtfully upgraded property consists of four (4) one-bedroom, one-bathroom units, each extensively renovated with updated flooring, modernized kitchens, and refreshed bathrooms. The improvements provide strong tenant appeal while minimizing near-term capital expenditure. All units are currently leased through Home Inc, with rental income ranging from $1,467 to $1,590 per unit, offering stabilized cash flow... in a prime university adjacent location. Recent capital improvements include the full replacement of existing sewer lines, providing a significant infrastructure upgrade and reducing future deferred maintenance risk. Investment Highlights: (3 out of the 4 units are extensively remodeled) Fourplex Four 1BR / 1BA units Strong in-place rents: $1,467-$1,590 per unit Sewer lines recently replaced Prime proximity to GCU, parks, retail, and major freeways Professionally managed (Home Inc) Seller Financing Opportunity: Seller is willing to carry $50,000 down and will structure an exact wrap of the existing note at 7.25% interest rate, creating a compelling financing option for qualified buyers. All facts and figures are approximate. Buyer to verify all MLS information and conduct independent due diligence.

2608 W Pierson Street, Phoenix

Courtesy of Get Multifamily. 480-795-7938 Selling Office: Get Multifamily.

$493,000

6978483 MLS

a four-unit apartment community located near Downtown Phoenix. Originally constructed in 1938, the property features a mix of studio, one-bedroom, and two-bedroom units, two of which are currently occupied. Current ownership has made upgrades to each of the unit interiors to various levels, including kitchens, bathrooms, in-unit electrical panels, and plumbing. Future ownership will have the opportunity to capture additional value-add upside through continued interior and exterior renovations. The property sits just outside of Downtown Phoenix, with easy proximity to Downtown government buildings, employment centers, and freeway access.. Great opportunity for either an investor or owner-occupant.

2032 W Adams Street, Phoenix

Courtesy of Matthews Real Estate Investment Services. 310-388-0788 Selling Office: Coldwell Banker Realty.

$850,000

6974631 MLS

1102 E Pierce St is a well maintained 4-unit, garden-style property, built in 1984. The property features a desirable unit mix of 100% two-bedroom, one-bathroom apartments. Each unit has been fully renovated with modern finishes and includes in-unit washer and dryers, offering a turnkey investment with strong renter appeal. The property is individually metered for electricity, and tenants enjoy the benefit of private yards, on-site parking, and additional storage rooms. Located in the sought-after Garfield Historic District, the property is just minutes from Downtown Phoenix, placing residents close to employment hubs, dining, entertainment, and major transportation corridors.

1102 E Pierce Street, Phoenix

Courtesy of ABI Multifamily. 602-714-1400 Selling Office: ABI Multifamily.

$2,250,000

6974079 MLS

Fabulous centrally located investment opportunity. These new & modern four units with custom finishes affords a perfect owner-occupied luxurious lifestyle. The property was designed with a 2,000 ft.² owners three bedroom 3 1/2 bath home. The property consists of two, three bedrooms three bath homes and two one bedroom one bath apartments. The three bedroom units include gas fireplace. Superb location right off the 51 freeway with easy access to Sky Harbor Airport and Downtown Phoenix. Situated next to the Sprouts shopping center at 16th St. & Glendale. Adjacent to the canal with an easy walk to the Biltmore Hotel. Must see to appreciate!

1611 E Lamar Road, Phoenix

Courtesy of RMB Realty LLC. 602-315-2888 Selling Office: RMB Realty LLC.

$835,000

6973303 MLS

Welcome to 822 East Montecito Avenue, Phoenix, AZ 85014! This beautifully maintained four-plex offers a fantastic investment opportunity with a mix of two spacious 2-bedroom, 1-bath units and two large 1-bedroom, 1-bath units. Each unit features large private backyards, perfect for outdoor relaxation or entertaining. Enjoy the convenience of full-sized laundry facilities in each unit, along with a host of modern upgrades and amenities designed to enhance comfort and style. Whether you're looking for a stable income property or a home for yourself, this four-plex delivers both charm and convenience in a prime Phoenix location. Don't miss out on this exceptional opportunity! Tenant occupied. Please do not disturb.

822 E Montecito Avenue, Phoenix

Courtesy of Get Multifamily. 480-795-7938 Selling Office: Compass.

$850,000

6 Beds ⋅ 4 Baths ⋅ 6972460 MLS

PRICE REDUCED! SELLERR WILLING TO LOOK AT ALL REASONABLE OFFERS. Great Investment opportunity! All units fully occupied. This well maintained 4 Plex is in a highly desirable area. Featuring 2- 2 Bedroom units and 2- 1 Bedroom units. Units are modern and easy to rent. Each unit has it's own covered parking space. Shared Laundry Room on property. Coin -op Washer and Standard Dryer included. All A/C units are less than 5 years old. Washer generates on average around $100 a month. Coin-op Dryer installation would generate additional income.

2245 N 28th Street, Phoenix

Courtesy of Keller Williams, Professional Partners. 623-939-8900

$785,000

10 Beds ⋅ 10 Baths ⋅ 6972364 MLS

Turnkey income property featuring a fully remodeled duplex plus two brand-new mobile homes! Offering immediate rental income with ALL units ALREADY OCCUPIED! The duplex has been completely updated with new tile flooring, interior and exterior paint, new AC units, and modern kitchens with new cabinets, dishwashers, and in-unit washer and dryers, all with modern finishes throughout. Each unit offers a functional two-story layout with spacious living, dining, and kitchen areas, a half bath on the main level, and three bedrooms with two full baths upstairs. The property also includes two new mobile homes with two primary bedrooms, modern finishes, and in-unit laundry. Gated access with remote control! and 8 uncovered parking spaces. Ideal for investors seeking a stabilized, turnkey asse

4020 S 15th Street, Phoenix

Courtesy of Valley Views RE. 480-688-0915

$643,000

5 Beds ⋅ 4 Baths ⋅ 6972312 MLS

Rare investment opportunity featuring unique architecture in the Historic Oakland District, within walking distance to Grand Avenue of the Arts, light rail, downtown Phoenix, and minutes from Sky Harbor Airport. Located in a rapidly growing area with rising rents and strong investor development, the property has seen numerous upgrades over the years including interior and exterior paint, tiled showers, updated flooring and countertops, new windows and roofs, two tankless gas water heaters, and two newer A/C units. All units are individually metered for APS, with a unit mix consisting of one 2-bedroom/1-bath with washer/dryer hookup, two 1-bedroom/1-bath units, and one studio, offering clear upside potential for a new owner to increase rents and improve returns.

1333 W Taylor Street, Phoenix

Courtesy of Ivy Realty. 623-299-4954

$900,000

16 Beds ⋅ 8 Baths ⋅ 6969983 MLS

Available as a 4 unit or buy both buildings, also listed for a total of 8 units. Located at 3048 E Beck Ln, Phoenix, AZ 85032, this well-positioned 4-unit townhouse-style apartment property offers immediate income in a high-demand North Phoenix submarket. Conveniently situated near shopping, public transportation, and SR-51 freeway access, providing strong tenant demand and long-term rental stability. The property consists of two separate two-story buildings being sold together or seperatly. Each unit features a spacious 2-bedroom, 2-bath townhouse layout, full appliance package, and in-unit washer and dryer. All units include a private, fenced backyard, a rare and attractive feature that supports tenant retention and future rent growth. The asset is 100% occupie

3048 E Beck Lane, Phoenix

Courtesy of SENW. 847-213-0789

$900,000

16 Beds ⋅ 8 Baths ⋅ 6969979 MLS

Available as a 4 unit or buy both buildings, also listed for a total of 8 units. Located at 3044 E Beck Ln, Phoenix, AZ 85032, this well-positioned 4-unit townhouse-style apartment property offers immediate income in a high-demand North Phoenix submarket. Conveniently situated near shopping, public transportation, and SR-51 freeway access, providing strong tenant demand and long-term rental stability. The property consists of two separate two-story buildings being sold together or seperatly. Each unit features a spacious 2-bedroom, 2-bath townhouse layout, full appliance package, and in-unit washer and dryer. All units include a private, fenced backyard, a rare and attractive feature that supports tenant retention and future rent growth. The asset is 100% occupie

3044 E Beck Lane, Phoenix

Courtesy of SENW. 847-213-0789

2324 W Lone Cactus Drive Unit 101, Phoenix

$697,000

6969622 MLS

Hard to find trifecta for this 4plex! 2004 construction, Deer Valley location; & all big 2-bedroom units. 6.62 CAP +/- based on the 2025 P&L. Only $202/sf. FULL PRICE OFFERS ONLY CONSIDERED. No HOA. Fully stabilized with historically strong occupancy. There are many amenities with the complex, including in-suite washer/dryer units, dishwashers, storage units, ample parking, & great unit layouts. Well-maintained & managed. Deer Valley is a diverse village bordering Peoria & the Loop 101. Close to the Cave Buttes, Moon Valley, & the Adobe Dam Regional Park, as well as many businesses. This location provides a rich tenant-base & convenience. Please do not disturb the tenants.

2324 W Lone Cactus Drive Unit 101, Phoenix

Courtesy of Better Homes & Gardens Real Estate SJ Fowler. 480-649-3536 Selling Office: Prestige Realty.

$865,000

8 Beds ⋅ 4 Baths ⋅ 6969126 MLS

**Now offering seller financing** 4-unit multifamily opportunity located in Phoenix, AZ. Built in 1971, the property features 100% 2-bedroom, 1 bath units, all of which have been renovated with granite counter tops, white shaker cabinetry, stainless steel appliances, in-unit washer/dryer, and more. The community also features a private BBQ area and covered parking. Additionally, the property is within walking distance to Phoenix Children's Hospital and nearby other points of interest such as Downtown Phoenix and the Biltmore Fashion Park. With its close proximity to the hospital, there is potential to convert the units to mid-term rentals upon lease expiration, which typically yields a rent premium over traditional year-long leases.

1747 E Virginia Avenue, Phoenix

Courtesy of Matthews Real Estate Investment Services. 310-388-0788

$2,399,000

6965389 MLS

Welcome to an extraordinary investment prospect located near the Phoenix Country Club and Biltmore area. Built in 2021, this modern 4-unit townhome property offers 4 beds, 3.5 baths, and spans 2200 sq ft (per unit) providing spacious living accommodations. Nestled in a prime location, this property is designed to cater to tenants who appreciate both convenience and luxury. Each townhome showcases a stylish design, enhanced by high-end finishes and amenities, promising an upscale living experience. Furthermore, the rooftop patios offer breathtaking views of the city and mountains, adding to the allure. With all units currently occupied, this property assures a prompt and consistent income stream for the discerning investor.

3616 N 12th Street, Phoenix

Courtesy of RMA-Mountain Properties. 928-778-1010 Selling Office: Compass.

$565,000

6965384 MLS

Opportunity to own a 4-plex that has had over 10 years of nearly 100% occupancy. 2 units 2 bed 1 bath. 2 units 1 bed 1 bath. Gross income is 4800 monthly. There were some updates to the bathrooms and insides since the last sale. 3 of the leases have approximately 6 months or more, one is month to month. This has not been approved for section 8 but I sure it could be. I am getting information slowly but send your offers and I will try to get info and views in as best I can. Bear with me. Sellers have owned this since 2014 and really do not want to sell but they have moved out of state.

2444 E Willetta Street, Phoenix

Courtesy of Realty ONE Group. 480-321-8100 Selling Office: Get Multifamily.

$590,000

6963816 MLS

1133 W North Ln is a 4-unit, single-story property built in 1981 that features 100% 2-bedroom/1-bathroom units. Each unit includes washer/dryer hookups, private yards or patios, and is individually metered for electricity. The property is well located in North Phoenix, just minutes from North Mountain Park, The Metropolitan, and a variety of outdoor recreation options.

1133 W North Lane, Phoenix

Courtesy of ABI Multifamily. 602-714-1400 Selling Office: RETSY.

$590,000

6958261 MLS

Well-maintained four-unit property offering strong income potential and flexibility for owner-occupants or investors. Unit A features a spacious 2-bedroom, 2-bath layout and is owner-occupied; it will be delivered vacant at close of escrow. Units B and C offer comfortable 2-bedroom/2-bath and 1-bedroom/1-bath layouts, while Unit D is a studio. All tenant-occupied units are on month-to-month leases, providing immediate upside and repositioning opportunity. Ideal for an owner occupied 4plex or investment. Buyer to verify all facts, figures, and income potential.

2107 W Glenrosa Avenue, Phoenix

Courtesy of Realty of America LLC. 602-550-8357 Selling Office: Realty ONE Group.

$695,000

7 Beds ⋅ 4 Baths ⋅ 6958185 MLS

Fourplex investment in prime Midtown Phoenix! This 1954-built property features 7 bedrooms and 4 bathrooms across four units (three 2-bed/1-bath and one 1-bed/1-bath), totaling 3411 SF. Ideal for investors seeking upside through renovations and rent growth. Unbeatable location near Phoenix College, Downtown Phoenix, light rail, SR-51, Loop 202, and I-10. Strong rental demand in the thriving Encanto neighborhood!

834 W Osborn Road, Phoenix

Courtesy of Millenium Three Real Estate. 480-343-5672

$580,000

6958121 MLS

Investment Opportunity: Fully Rented 4-Unit Complex! Newer roof, windows, and AC! Own this 4-unit property with 3 units currently rented month-to-month., one renewing in June. Immediate cash flow. Rents below market, providing an excellent opportunity for savvy investors or an owner-occupant. Separate electric meters. One parking space per unit. Guest parking onsite. Financing Options: This property may qualify for a non-commercial loan, making it accessible for small investors. Conveniently located near airport, schools, restaurants, shopping, public parks and freeways. Interior and inspection access is limited. Inspection access on signed purchase contract. Start building wealth today!

2553 E Pueblo Avenue, Phoenix

Courtesy of Coldwell Banker Realty. 480-834-9131 Selling Office: A.Z. & Associates.

$520,000

6953868 MLS

This fully occupied four-plex delivers strong, reliable performance with a current cap rate above 7 percent. It is a rare opportunity to secure a stabilized multifamily asset in a high-demand Phoenix corridor, offering immediate cash flow from day one. Each unit is tenant-occupied with consistent rental history, making this a smart addition to any investment portfolio. Buyers seeking to owner-occupy can also utilize FHA financing, allowing one unit to serve as a primary residence while the remaining three generate income to offset monthly expenses. The property offers straightforward, low-drama operations and sits near major freeways, employment centers, and everyday conveniences. This building excels where it counts: dependable returns, strong occupancy, and long-term investment potential. Opportunities at this price point with proven performance are increasingly hard to find. This is a solid, income-producing asset ready for its next owner!

2018 W Cactus Road, Phoenix

Courtesy of eXp Realty. 480-420-4455 Selling Office: Go Win Property Management.

$560,000

6953330 MLS

*Seller Must Close Prior to the End of the Year* 398 North 20th Drive is a 4-unit, garden-style property, originally constructed in 1984. This clean and well-kept fourplex features 100% two-bedroom/one-bathroom units, each individually metered for electricity. While fully occupied and positioned for immediate cash flow, the asset also presents a lighter value-add opportunity through continued interior and exterior upgrades, supported by ample on-site parking and a desirable west Phoenix location. Situated in close proximity to downtown, the Arizona Capitol Museum, and major freeway access, the property offers both convenience and attractive upside for future ownership.

398 N 20th Drive, Phoenix

Courtesy of ABI Multifamily. 602-714-1400 Selling Office: 1st Dream Realty.

$749,000

5 Beds ⋅ 4 Baths ⋅ 6952059 MLS

Fully occupied fourplex at the end of a cul-de-sac in East Sunnyslope, offered at $749,000. Three 1BR units and one 2BR unit feature slump-block construction, ceramic-tile interiors and private fenced patios or yards. A new asphalt-shingle roof with a reported transferable warranty and low-maintenance landscaping support ownership. Current OM underwriting shows $33,573 normalized NOI and a 4.48% cap rate; the market-rent pro forma shows $45,727 NOI and 6.11%. Convenient access to SR-51 and Central Phoenix employment, healthcare, shopping and recreation. No seller financing. Do not disturb tenants. Buyer to verify rents, expenses, condition, warranty and all information. 822 E Carol Avenue is a four-unit property in East Sunnyslope with three one-bedroom residences and one two-bedroom residence. All four are reported occupied. The approximately 1,776-SF building occupies an approximately 6,970-SF site. Features include slump-block construction, ceramic-tile interiors, private fenced patios or yards, low-maintenance desert landscaping and a new asphalt-shingle roof with a reported transferable warranty. The current OM uses its July 2026 rent schedule: $3,565 monthly base rent plus $225 monthly utility reimbursements, totaling $3,790. Annual base rent is $42,780 and reimbursements are $2,700, producing $45,480 gross potential income. A 3% economic vacancy allowance produces approximately $44,116 effective gross income, despite reported 100% physical occupancy. Normalized current expenses total $10,543: taxes $766, insurance $1,748, management $3,529, repairs $1,200, water/sewer/trash $2,300, landscaping $400 and other expenses $600. Current normalized NOI is $33,573, a 4.48% cap rate at the $749,000 asking price. These are underwriting assumptions and should be reconciled with current leases, collections and invoices. The illustrative market-rent case assumes $1,100 monthly for each one-bedroom unit and $1,400 for the two-bedroom unit. Reimbursements remain $2,700 annually; economic vacancy remains 3%; management remains 8% of effective gross income. Pro forma effective gross income is $57,327, expenses are $11,600 and NOI is $45,727, producing a 6.11% cap rate. Future rent changes are subject to existing leases and market conditions. The location offers access to SR-51, Central Phoenix employment, healthcare, retail and mountain recreation. Seller financing is not available. Please do not disturb tenants. Complete tenant leases are provided only after the property is under contract to protect tenant privacy. Disclaimer: Information is believed reliable but is not guaranteed. Buyer must independently verify all facts, figures, income, expenses, leases, occupancy, measurements, condition, zoning and permitted uses. Pro forma rents, returns and financing illustrations are estimates, not guarantees. Offering is subject to errors, omissions, prior sale, changes in price or terms and withdrawal without notice.

822 E Carol Avenue, Phoenix

Courtesy of Gerchick Real Estate. 602-688-9279

$780,000

8 Beds ⋅ 4 Baths ⋅ 6951436 MLS

Discover an exceptional investment opportunity in the heart of Central Phoenix! This well-maintained four-plex, built in 2003, features four identical 2-bedroom, 1-bath units, each offering approximately 797 sq ft of thoughtfully designed living space. Inside, each unit showcases modern kitchens with built-in appliances and wood cabinetry. A soothing color palette and durable tile flooring create a clean, cohesive look that appeals to long-term tenants. The property also offers ample on-site parking and easy-care desert landscaping, making it simple to maintain. Ideally located just minutes from the light rail, schools, shopping, popular dining, and major freeways, this property delivers both convenience and strong rental demand. Owner currently pays water, sewer, and trash, while . . . Tenants pay electricity, keeping operating expenses predictable. This is a rare chance to secure immediate cash flow with excellent future value in one of Phoenix's most sought-after rental markets. Drive-by only, please do not disturb tenants. No sign on the property.

7549 N 21st Avenue, Phoenix

Courtesy of AZ Flat Fee. 480-771-1511

$460,000

8 Beds ⋅ 4 Baths ⋅ 6946557 MLS

4-Plex Investment Opportunity! Discover this incredible value-add multifamily property featuring four 2-bed, 1-bath units across two duplex buildings at 2522 & 2528 W Palo Verde Dr, Phoenix, AZ 85017. Two units (2522 B & 2528 B) are currently rented at $840 and $780 per month, providing immediate income. The remaining two units are vacant and ready for renovation, offering great upside potential for increased rents or resale value. Located near GCU and major transportation routes, this property is perfect for investors seeking strong cash-flow potential in a high-demand rental area. With a little vision and improvement, this 4-plex can become a top performer in your portfolio!

2522 W Palo Verde Drive, Phoenix

Courtesy of HomeSmart. 602-230-7600 Selling Office: HomeSmart.

$633,000

6945651 MLS

Excellent investment opportunity in North Phoenix featuring one 2BD/1BA and three 1BD/1BA units on a 14,810 SF lot. Zoned R-3 Multifamily Medium Density with potential to add two more units—architectural plans included upon request. Built in 1970, the 2,448 SF building offers strong value-add potential through upgrades or repositioning. Includes 4-5 covered parking spaces plus additional on-site parking. Conveniently located near Deer Valley Airpark, shopping, dining, and major transit. Ideal for investors seeking rental income, owner-occupancy, or future expansion.

1925 W Village Drive, Phoenix

Courtesy of Compass. 480-776-1555 Selling Office: City to City Commercial.

$995,000

6945341 MLS

One unit is newly vacant and can be shown. 809 N 10th Ave is a fully turnkey four-unit asset in Phoenix's revitalized Triangle Neighborhood—minutes from Downtown Phoenix, Roosevelt Row, and ASU's Downtown Campus. The property includes (1) standalone studio, (2) one-bed/one-bath units, and (1) two-bed/two-bath single-family home with a private yard and driveway—perfect for flexible rental strategies or owner-occupancy. With two of the buildings being entirely new construction buildings and the third building being a fully remodeled structure, all showcasing higher-end finishes, in-unit laundry, and private patios or balconies, this asset offers style, stability, and strong rent potential in a thriving urban corridor.

809 N 10th Avenue, Phoenix

Courtesy of ABI Multifamily. 602-714-1400 Selling Office: My Home Group Real Estate.

$580,000

6945209 MLS

Two adjacent fourplexes located at 1119 & 1123 W Fillmore Ave, Phoenix, AZ 85007 (parcels 111-28-102 & 111-28-104) must be sold together. Price reflects per fourplex. Built in 1985, this 8-unit garden-style property features all 2-bed / 1-bath units, with two fully remodeled and six in original condition, creating a strong value-add opportunity. Solid block construction with individually metered electricity, alleyway parking access, and shared outdoor space. Two fourplexes on individual parcels qualify for residential financing. Prime central location near Downtown Phoenix, ASU Downtown Campus, Roosevelt Row, and major employers, with easy access to I-10, I-17, and Sky Harbor Airport.

1119 W Fillmore Street, Phoenix

Courtesy of ABI Multifamily. 602-714-1400 Selling Office: Non-MLS Office.

$630,000

6945205 MLS

Two adjacent fourplexes located at 1119 & 1123 W Fillmore Ave, Phoenix, AZ 85007 (parcels 111-28-102 & 111-28-104) -- must be sold together. Price reflects per fourplex. Built in 1985, this 8-unit garden-style property features all 2-bed / 1-bath units, with two fully remodeled and six in original condition, creating a strong value-add opportunity. Solid block construction with individually metered electricity, alleyway parking access, and shared outdoor space. Two fourplexes on individual parcels qualify for residential financing. Prime central location near Downtown Phoenix, ASU Downtown Campus, Roosevelt Row, and major employers, with easy access to I-10, I-17, and Sky Harbor Airport.

1123 W Fillmore Street, Phoenix

Courtesy of ABI Multifamily. 602-714-1400 Selling Office: Real Broker.

$610,000

6943154 MLS

Beautifully updated 4plex in North Phoenix with unique dwelling mix, perfect for owner occupancy, multi generational living or your next investment property. Dwelling mix includes a single family home with large lot behind and a triplex in front. Each unit is individually metered and two have private yards. All have been updated with remodeled baths and LVP or tile floors throughout. NEW ROOFS in 2021. The property has been updated with NEW FENCES, BATHS and KITCHENS in the last couple of years. Recently remodeled, this charming investment property near the Phoenix Mountain Preserve is ideally located near freeways, mountains, shopping and more.

13017 N 20th Street, Phoenix

Courtesy of Compass. 480-776-1555 Selling Office: DeLex Realty.

$747,999

6942801 MLS

Newly renovated fourplex in West-Central Phoenix, ideal for investors seeking a stabilized asset with minimal maintenance. Each of the four 2BD/1BA units (approx. 700 SF) has been tastefully updated with modern finishes, new flooring, stainless steel appliances, and in-unit washer/dryer. Property improvements include new landscaping with turf and drip system, upgraded parking, new gates, security cameras, and water heaters. Sitting on a 12,332 SF R-3 zoned lot, the property offers strong curb appeal and excellent functionality. Three units are occupied with one available—offering flexibility for an owner-occupant or to achieve market rent. Prime location near the I-17 freeway, Grand Canyon University, and major employment hubs.

2101 W Heatherbrae Drive, Phoenix

Courtesy of Compass. 480-776-1555 Selling Office: eXp Realty.

$629,000

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

Courtesy of CTS Realty. 602-795-0341 Selling Office: West USA Realty.

$1,170,000

6933173 MLS

Grossing $7,650 a month. With OWNED solar panels. Individual meters. Recently updated roof, partial plumbing, dual-pane, HVAC and water heaters- 3 years old. Ability to increase rents/ add rubs. Exact same 2-bedroom, 1-bathroom layout. Every unit is equipped with a full-size stackable washer and dryer, with its own private patio and low-maintenance yard. Each tenant has covered parking! Situated in a rapidly developing neighborhood.

4034 E Moreland Street, Phoenix

Courtesy of The Ave Collective. elizabeth@theavecollective.com Selling Office: Compass.

$599,000

6928574 MLS

This listing is for 1940 W Amelia Ave and must be sold with 1944 W Amelia Ave (separate listing for $515,000 MLS# 6928581-combined 7 units $1.175M) Don't miss this rare opportunity to own a beautifully maintained income property in the heart of Central Phoenix, this red brick gem features two separate buildings—a 4-plex and a 3-plex—on two parcels, offering flexibility and strong investment potential. With 4 of the 7 units already remodeled, the property boasts excellent curb appeal, updated interiors, and a solid history of long-term tenants. Turnover is rare, and units are consistently easy to rent thanks to the unbeatable location just minutes from downtown Phoenix. Walkable access to shopping, dining, and public transportation, with the light rail less than a mile away, the VA Hosp just one mile out, and a bus line right at the property. Each unit is separately metered for gas and electric, and the neighborhood is quiet, established, and highly desirable. This is a prime opportunity to own a low-maintenance, high-demand rental property in one of Phoenix's most connected and growing areas.

1940 W Amelia Avenue, Phoenix

Courtesy of P.J. Hussey & Associates, Inc. 623-930-7700 Selling Office: Real Broker.

$1,000,000

6918779 MLS

The Roosevelt Apartments is a 7-unit multifamily community located at 1402 & 1406 E Roosevelt St. Originally constructed in 1949 and 1964, the asset sits in a high rental demand area to the east of Downtown Phoenix and near the end of Roosevelt Row. 1402 &1406 E Roosevelt features a favorable mix of one- and two-bedroom units that have been well-maintained and updated throughout the 20 years of current ownership. Additionally, the property sits across two separate parcels, allowing for flexible financing or the opportunity to sell them as an individual triplex and fourplex in the future. This is a unique opportunity to acquire a value-add asset in a centralized, high growth location with both immediate income potential and long-term upside.

1406 E Roosevelt Street, Phoenix

Courtesy of Matthews Real Estate Investment Services. 310-388-0788 Selling Office: Matthews Real Estate Investment Services.

$815,000

6911002 MLS

Turnkey Cash-Flowing Fourplex in Prime Phoenix Location! Fully leased and grossing over $6,500/month (not including RUBs). Excellent unit mix: (1) 3 bed / 2 bath + (3) 2 bed / 1 bath units. All units are garden-style with private garage parking—rare for the area. Well-maintained interiors and desirable layouts ensure low vacancy and strong tenant demand. Upside potential with RUBs and future rent increases. Ideal for investors seeking strong in-place cash flow with room to grow. This is arguably the best fourplex available in Phoenix today—don't miss it!

8108 N 33rd Drive, Phoenix

Courtesy of Apex Residential. 602-290-4663 Selling Office: HomeSmart.

$955,000

6910991 MLS

Recently rezoned R3. Down the street from top Madison Schools, Town & Country, and Biltmore Fashion Park, 51 Freeway. Downtown Phoenix is only minutes away. Current set-up is 3 bedrooms, 3 bathrooms, private entrances to each space. An additional 1 bedroom, 1 ba detached guest house. Opportunity to build multi-family units, to rent or single family dwellings. Buyer to verify all facts deemed pertinent to buyer.

1306 E Campbell Avenue, Phoenix

Courtesy of Coldwell Banker Realty. 480-951-1010 Selling Office: Fenix CRE.

$649,900

6 Beds ⋅ 4 Baths ⋅ 6910698 MLS

Discover an exceptional investment opportunity at 1330 W Fillmore St, a fully renovated 4-unit garden-style property located in the rapidly improving Oakland Historic District. Originally built in 1959 & 1983, the property is comprised of (2) 1-Bedroom / 1-Bath Units and (2) 2-Bedroom / 1-Bath Units. In 2023, the entire community underwent a complete interior and exterior renovation including new flooring, cabinetry, appliances, countertops, doors, windows, paint, and more. Each unit also comes with its own in-unit washer & dryer, providing a highly desirable feature for tenants. The property is set within a gated community with an on-site parking area that was recently resurfaced, offering both convenience and security. Tenants enjoy sweeping city views and unbeatable access to Downtown Phoenix, the Grand Avenue Arts District, light rail, and major public transportation routes. Surrounded by countless dining, shopping, and entertainment options, 1330 W Fillmore St is ideally positioned for strong tenant demand and long-term growth.

1330 W Fillmore Street, Phoenix

Courtesy of JM Realty. 480-785-5612

$700,000

6901878 MLS

(3) 1 BEDDROOM/1 BATH UNITS AND (1) 2 BEDROOM/1 BATH UNIT IS SEMI DETACHED FROM 1 BEDROOM UNITS ACROSS BREEZEWAY WITH LARGE FENCED YARD*2 BEDROOM UNIT HAS BEEN REMODELED WITHPLANK STYLE TILE FLOORING, KITCHEN CABINETS,, GRANITE COUNTER TOPS* HAS A BEEHIVE FIREPLACE**1 BEDROOM UNITS HAVE LAMINATE FLOORING, TILE COUNTER TOPS, TILE FLOORING IN KITCHEN AND BATHS, SMALL INDIVIDUAL FENCED BACK PATIOS*STORAGE/WORKSHOP FOR OWNER*COIN OPERATED WASHER/DRYER IN LAUNDRY ROOM WITH EXTRA CLOSET SIZED STORAGE FOR EACH UNIT* 4 COVERED PARKING SPACES* OWNER/AGENT

3518 E Montecito Avenue, Phoenix

Courtesy of HomeSmart. 602-230-7600 Selling Office: ARRT of Real Estate.

$600,000

6898966 MLS

Rare opportunity to acquire two fourplexes in the same community. 3319 & 3364 W Harmont Drive. Near I-17, Grand Canyon University, and the rapidly revitalizing Metro center area. Each fourplex has one 3-bedroom/2-bath and three 2-bedroom/1-bath units, offering strong rental appeal and efficient operations. With all units individually metered and identical floorplans, property management is streamlined. Each fourplex has a four car garage. This package provides immediate upside through rental increases and benefits from consistent demand in a high-growth corridor.

3364 W Harmont Drive, Phoenix

Courtesy of Compass. 480-776-1555 Selling Office: Compass.

$600,000

6898962 MLS

Rare opportunity to acquire two fourplexes in the same community. 3319 & 3364 W Harmont Drive. Near I-17, Grand Canyon University, and the rapidly revitalizing Metro center area. Each fourplex has one 3-bedroom/2-bath and three 2-bedroom/1-bath units, offering strong rental appeal and efficient operations. With all units individually metered and identical floorplans, property management is streamlined. Each fourplex has a four car garage. This package provides immediate upside through rental increases and benefits from consistent demand in a high-growth corridor.

3319 W Harmont Drive, Phoenix

Courtesy of Compass. 480-776-1555 Selling Office: Compass.

$530,000

6898947 MLS

Kathleen 4 Units is part of a portfolio sale. This presents a rare opportunity to acquire two fourplexes with identical 2 bed/2 bath layouts, located in a quiet, well maintained North Phoenix neighborhood, offering streamlined and cost effective management. Each unit is individually metered and enjoys access to a gated community, grass common areas, and shared community pool. Ideally positioned near Paradise Valley Community College, Bell Road retail corridor, and major employment hubs along Loop 101 and SR-51. With current rent well below market, a new owner has a clear path to boost cash flow through rental increases and capitalize on the area's continued growth. Other address: 2813 E MONTE CRISTO AVE

2822 E Kathleen Road, Phoenix

Courtesy of Compass. 480-776-1555 Selling Office: Gile Commercial Real Estate.

$530,000

6898938 MLS

Monte Cristo Ave 4 Units is part of a portfolio sale. This presents a rare opportunity to acquire two fourplexes with identical 2 bed/2 bath layouts, located in a quiet, well maintained North Phoenix neighborhood, offering streamlined and cost effective management. Each unit is individually metered and enjoys access to a gated community, grass common areas, and shared community pool. Ideally positioned near Paradise Valley Community College, Bell Road retail corridor, and major employment hubs along Loop 101 and SR-51. With current rent well below market, a new owner has a clear path to boost cash flow through rental increases and capitalize on the area's continued growth. Other address: 2822 E Kathleen Rd.

2813 E Monte Cristo Avenue, Phoenix

Courtesy of Compass. 480-776-1555 Selling Office: Gile Commercial Real Estate.

$650,000

6895592 MLS

SECOND GENERATION ELECTRICAL CONTRACTORS HOME COMPLETE WITH WORKSHOP, OFFICE, MULTIPLE BLDGS & STORAGE & OVERSIZED RV SETUP THATS COVERED & GATED/ THIS HOME IS PERFECT FOR ANOTHER CONTRACTOR TO LIVE IN THE MAIN HOME, RUN YOUR BUSINESS AT HOME AND COLLECT RENT FROM YOUR TRIPLEX/ ALL OF THE STRUCTURES ARE IN TIP TOP CONDITION/ RECENT ROOFS & A/C'S/ ORIGINAL CONSTRUCTION COMPLETED BY A MASTER CRAFTSMAN/ THE MAIN HOME FEATURES 1507sf 2 BR'S, 2BA'S WITH A FR & FIREPLACE/ PARKING FOR THE MAIN HOME HAS 1C CARPORT & 1C GARAGE W/ SLIDING DOOR/ TRIPLEX HAS 4 SPOTS WHICH INCLUDES 1 GUEST SPOT/ ONE OF THE STGE BLDGS HAS TOILET & SHOWER/ ALL LANDSCAPING ON DRIPS AND TIMER/ NICE BKYD ON THE MAIN HOME/ ALL TRIPLX UNITS ARE THE SAME WHICH ARE 1BR, PICS INCLUDED/ VERY WELL MAINTAINED PROPERTY READY TO GO

733 E Hatcher Road, Phoenix

Courtesy of Valley Homes and Land, Inc. 602-923-2600 Selling Office: eXp Realty.

$765,000

6893736 MLS

Terrific investment opportunity! Well maintained 4 plex in great community, with covered parking, coin operated laundry, strong rental history and fully rented for immediate cashflow. Fantastic location, close to AZ-51, professional centers, resorts, food, shopping, and entertainment. This property is a win for the first time investor or to add to your larger portfolio. Plus, it's a bargain! Reach out for details.

1319 E Vista Avenue, Phoenix

Courtesy of eXp Realty. 888-897-7821 Selling Office: Real Broker.

$1,850,000

6889404 MLS

Fully Leased, Stabilized 4-Plex - Brand New Construction in Central Phoenix! Exceptional opportunity to acquire a newly built, fully leased, income-producing 4-unit investment property in the heart of Central Phoenix. All four residences are identical, highly desirable floorplans featuring 4 bedrooms, 3.5 baths, a loft-style den, direct-access 2-car garage, and private fenced backyard—a rare combination in the rental market and ideal for long-term stability. Modern architecture pairs with designer-selected interiors including 9' ceilings, quartz countertops, 42'' white cabinetry, stainless steel appliances, upgraded fixtures, and full window coverings. Positioned minutes from downtown Phoenix, major freeways, shopping, dining, and entertainment, this turnkey asset delivers impressive pe With its high bedroom count & modern design, this property is ideal for traditional rentals, corporate housing, or specialty use such as behavioral health or sober living.

4307 N 13th Place, Phoenix

Courtesy of RE/MAX Excalibur. 480-355-3500 Selling Office: Compass.

$600,000

6889193 MLS

Sunnyslope Lane Four-Plex is all large ONE bed and ONE bath units and very low maintenance property. It is a hidden gem situated close to North Mountain Park. Brand new AC units and ductwork were added in 2022. Plumbing upgraded. New windows. All units have been either partially or fully renovated. Separate laundry facility with coin op machines and storage room. Individual meters. Private courtyard for 3 apartments. Gated doors in front and back.

20 W Sunnyslope Lane, Phoenix

Courtesy of LIV AZ REALTY. 602-300-0797 Selling Office: HomeSmart.

$575,000

6879146 MLS

This 4-unit, garden-style property, built in 1957 with durable block construction, offers a favorable unit mix of three 2-bedroom/1-bathroom units and one 3-bedroom/1-bathroom unit. The property features on-site parking spaces, recently upgraded windows, and is individually metered for electricity. With significant value-add potential through interior and exterior renovations, it presents an attractive investment opportunity. Ideally located just minutes from Downtown Phoenix, Valleywise Health Medical Center, and Phoenix Sky Harbor Airport, the property also provides convenient access to both the I-10 and Loop 202 freeways.

2237 E Taylor Street, Phoenix

Courtesy of ABI Multifamily. 602-714-1400 Selling Office: Trade Realty LLC.

$1,275,000

6877767 MLS

SELLER FINANCING AVAILABLE. A prime investment opportunity--two trophy garden-style 4-plexes in one of Phoenix's most sought-after zip codes. These turnkey, fully renovated units offer strong rental demand & consistent cash flow. High-quality renovations--quartz countertops, Stainless appliances, full-sized washers & dryers, tile & plank flooring. Strong rental demand--easy-to-rent w/ many long-term tenants ensuring stable income. Low maintenance & upgrades--newer foam roofs w/ warranty, many capital improvements. Desirable amenities--covered carports, private storage rooms, patios, NEST thermostats. Park-like setting--outdoor community space. Prime location near Biltmore employment, Arcadia's dining & shopping, major transportation routes. Must be purchased w/ 4351 N 36th Pl. Agent/Owner

4348 N 36th Place, Phoenix

Courtesy of Realty ONE Group. 480-285-0000 Selling Office: ABI Multifamily.

$1,275,000

6877674 MLS

SELLER FINANCING AVAILABLE. A prime investment opportunity--two trophy garden-style 4-plexes in one of Phoenix's most sought-after zip codes. These turnkey, fully renovated units offer strong rental demand & consistent cash flow. High-quality renovations--quartz countertops, Stainless appliances, full-sized washers & dryers, tile & plank flooring. Strong rental demand--easy-to-rent w/ many long-term tenants ensuring stable income. Low maintenance & upgrades--newer foam roofs w/ warranty, many capital improvements. Desirable amenities--covered carports, private storage rooms, patios, NEST thermostats. Park-like setting--outdoor community space. Prime location near Biltmore employment, Arcadia's dining & shopping, major transportation routes. Must be purchased w/ 4348 N 36th Pl. Agent/Owner

4351 N 36th Place, Phoenix

Courtesy of Realty ONE Group. 480-285-0000 Selling Office: ABI Multifamily.

$630,000

6876638 MLS

Look no further! Fantastic opportunity to own this 2-bedroom unit! Inside, you'll find a neutral palette, a welcoming great room, neutral tones, and tile flooring throughout. The kitchen showcases oak wood cabinets, and built-in appliancesâ€”offering both style and functionality for everyday cooking. The primary bedroom has a separate exit. The primary bedroom features a private bathroom and a separate exit, offering added convenience and privacy. Conveniently located near restaurants, parks, Freeways, and more! Make this home yours now! All coin washers and dryers included). Drive by only - DO NOT DISTURB TENANTS

9847 N 11th Avenue Unit 2, Phoenix

Courtesy of HomeSmart. 602-230-7600 Selling Office: HomeSmart.

$810,000

6875080 MLS

Turnkey cash-flowing opportunity in the highly desirable Paradise Valley/Phoenix corridor! This well-maintained 4-unit garden-style complex features all 2 bed / 1 bath units with solid tenant demand and upside potential. Grossing $6,500 a month. Situated in the thriving 85032 ZIP code, close to major freeways, shopping, and the Paradise Valley Mall redevelopment. Whether you're a seasoned investor or new to multifamily, this 8.25% cap rate property delivers immediate returns in one of Phoenix's most active rental markets. Looking for steady income and long-term appreciation? This is the one.

17851 N 40th Street, Phoenix

Courtesy of eXp Realty. 888-897-7821 Selling Office: eXp Realty.

Phoenix, AZ Real Estate - Fourplex

Fourplex for sale in Phoenix, AZ