lovingphoenixrealty.com Search Results

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.

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

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.

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

$793,850

The property is a triplex located in North Central Phoenix. The unit mix is good, having two (2 bed / 1 bath units) and one (1 bed 1 bath). We are missing 2025 and 2026 (YTD) financials, however the property is currently gross around $50k annual in rents.

8 Beds ⋅ 3 Baths ⋅ 7036782 MLS

The property is a triplex located in North Central Phoenix. The unit mix is good, having two (2 bed / 1 bath units) and one (1 bed 1 bath). We are missing 2025 and 2026 (YTD) financials, however the property is currently gross around $50k annual in rents.

6220 N 14th Street, Phoenix

Courtesy of R.O.I. Properties. 602-319-1326 Selling Office: ABI Multifamily.

$633,333

The property is a triplex located in North Central Phoenix. The unit mix is okay, having two (1 bed / 1 bath units) and one (2 bed / 1 bath unit).

4 Beds ⋅ 3 Baths ⋅ 7036734 MLS

The property is a triplex located in North Central Phoenix. The unit mix is okay, having two (1 bed / 1 bath units) and one (2 bed / 1 bath unit).

925 E Ocotillo Road, Phoenix

Courtesy of R.O.I. Properties. 602-319-1326 Selling Office: ABI Multifamily.

$633,333

The property is a triplex located in North Central Phoenix. The unit mix is okay, having two (1 bed / 1 bath units) and one (2 bed / 1 bath unit).

7 Beds ⋅ 3 Baths ⋅ 7036728 MLS

The property is a triplex located in North Central Phoenix. The unit mix is okay, having two (1 bed / 1 bath units) and one (2 bed / 1 bath unit).

919 E Ocotillo Road, Phoenix

Courtesy of R.O.I. Properties. 602-319-1326 Selling Office: ABI Multifamily.

$633,334

The property is a triplex located in North Central Phoenix. The unit mix is okay, having two (1 bed / 1 bath units) and one (2 bed / 1 bath unit).

7 Beds ⋅ 3 Baths ⋅ 7036704 MLS

The property is a triplex located in North Central Phoenix. The unit mix is okay, having two (1 bed / 1 bath units) and one (2 bed / 1 bath unit).

913 E Ocotillo Road, Phoenix

Courtesy of R.O.I. Properties. 602-319-1326 Selling Office: ABI Multifamily.

$229,900

Unique multi-unit opportunity featuring three separate residences on one lot! Front home offers 3 bedrooms and 1 bathroom with spacious living areas, tile flooring and covered front patio. Second unit includes 2 bedrooms and 1 bathroom with functional kitchen and living space. Third unit features 1 bedroom and 1 bathroom, providing flexibility for rental income, extended family or multi-generational living. Convenient location near shopping, dining, schools and freeway access. Great opportunity for investors, multi-generational living or buyers seeking flexible use options with three separate residences situated on one parcel. Buyer to verify all facts, figures, square footage and zoning/use information.

6 Beds ⋅ 3 Baths ⋅ 7036189 MLS

Unique multi-unit opportunity featuring three separate residences on one lot! Front home offers 3 bedrooms and 1 bathroom with spacious living areas, tile flooring and covered front patio. Second unit includes 2 bedrooms and 1 bathroom with functional kitchen and living space. Third unit features 1 bedroom and 1 bathroom, providing flexibility for rental income, extended family or multi-generational living. Convenient location near shopping, dining, schools and freeway access. Great opportunity for investors, multi-generational living or buyers seeking flexible use options with three separate residences situated on one parcel. Buyer to verify all facts, figures, square footage and zoning/use information.

1522 W Taylor Street, Phoenix

Courtesy of Legion Realty. 480-422-8980

$350,000

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.

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

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.

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

$490,000

Fantastic investment opportunity near downtown Phoenix in the Woodland Place District. This duplex offers two 2-bed/1 bath units. Fully rented. Both units offer fully remodeled kitchens with custom cabinetry, quartz countertops, updated stainless appliances and under-cabinet lighting. In-unit stackable washer/dryer. Ceiling fans in all rooms. New fence installed 2026. Centrally located, a block from Government Mall and close to downtown's best restaurants, museums, entertainment & sporting venues, cafes & bars and shops, with easy access to major freeways. Off-street parking at the rear of the unit. No HOA

4 Beds ⋅ 2 Baths ⋅ 7034766 MLS

Fantastic investment opportunity near downtown Phoenix in the Woodland Place District. This duplex offers two 2-bed/1 bath units. Fully rented. Both units offer fully remodeled kitchens with custom cabinetry, quartz countertops, updated stainless appliances and under-cabinet lighting. In-unit stackable washer/dryer. Ceiling fans in all rooms. New fence installed 2026. Centrally located, a block from Government Mall and close to downtown's best restaurants, museums, entertainment & sporting venues, cafes & bars and shops, with easy access to major freeways. Off-street parking at the rear of the unit. No HOA

1331 W Monroe Street, Phoenix

Courtesy of Mark Brower Properties, LLC. 480-336-2556 Selling Office: The Brokery.

$499,000

Built in 1929, this red brick bungalow-style duplex sits on a ±7,500 sq ft lot in the Coronado Historic District, a lot size that is larger for the neighbrohood. Two private entrances serve the units independently, one off Monte Vista and one off 12th Street, and three dedicated off-street parking spaces add real value in a neighborhood where not all homes have dedicated parking. The charming bungalow exterior is defined by red brick construction with blonde brick accents above every door and window, a two-tone masonry detail that is period-authentic, architecturally coveted, and simply not found in modern construction. The recently restored historic front porches and stoops are quintessential craftsman bungalow: shaded, welcoming, and conversational. A newer full block wall encloses the rear yard for privacy, while a decorative pony wall along the front gives the property a defined, charming street presence without feeling closed off, and increases privacy. Both units have original tongue-and-groove oak hardwood floors, old-growth wood of a density and warmth that isn't made anymore, a brick fireplace with mantle in the living room, and original wood ceiling height cabinetry in the kitchen. Historic windows are in good condition and bring in generous natural light throughout the day. Each kitchen has a gas range, and each unit includes a dedicated laundry room with built-in shelving and washer and dryer conveying, a walk-in closet, and an en suite full bath. The Monte Vista-facing unit has been recently painted, and custom blackout blinds have been installed in the bedroom for optimized sleeping. The historic sewer line has been replaced with ABS, both units run on heat pump systems with gas packs (one unit replaced in 2018, the other, brand new in 2026) and natural gas is hard-piped to an on-site barbecue accessible to tenants. The lot includes a dedicated pet area and a generous yard suited for gardens, landscaping, or potentially a garage or accessory structure (subject to City of Phoenix and Historic District guidelines). Coronado is one of the most walkable and genuinely friendly neighborhoods in the Phoenix metro, the kind of place where people know their neighbors and actually use their front porches. Located about two miles north of Downtown Phoenix, the neighborhood draws people who want to walk to dinner, bike to work, and feel rooted in a real community. The dining scene continues to grow, as well. Dahlia Tapas, Chop Shop, and Sophia's, are all newer neighborhood hot spots, and Ollie Vaughn's, Cielo Rojo, The Coronado PHX, and Guanaquito remain established neighborhood anchors. Coronado Park, with its community pool, tennis, basketball, and softball field, is right on 12th Street and Palm Lane. Safeway and Banner-University Medical Center Phoenix are nearby on McDowell Road, and Roosevelt Row and Valley Metro Light Rail are a bike ride away. Unit 1 (12th Street entrance) is 608 sq ft, one bedroom, one full bath, currently leased month-to-month at $1,350/month. Unit 2 (Monte Vista entrance) is 608 sq ft, one bedroom, one full bath, vacant, recently painted with custom blackout blinds, and available at current market rates of $1,450-$1,550/month. Estimated gross monthly income for the property is approximately $3,000/month.

2 Beds ⋅ 2 Baths ⋅ 7034647 MLS

Built in 1929, this red brick bungalow-style duplex sits on a ±7,500 sq ft lot in the Coronado Historic District, a lot size that is larger for the neighbrohood. Two private entrances serve the units independently, one off Monte Vista and one off 12th Street, and three dedicated off-street parking spaces add real value in a neighborhood where not all homes have dedicated parking. The charming bungalow exterior is defined by red brick construction with blonde brick accents above every door and window, a two-tone masonry detail that is period-authentic, architecturally coveted, and simply not found in modern construction. The recently restored historic front porches and stoops are quintessential craftsman bungalow: shaded, welcoming, and conversational. A newer full block wall encloses the rear yard for privacy, while a decorative pony wall along the front gives the property a defined, charming street presence without feeling closed off, and increases privacy. Both units have original tongue-and-groove oak hardwood floors, old-growth wood of a density and warmth that isn't made anymore, a brick fireplace with mantle in the living room, and original wood ceiling height cabinetry in the kitchen. Historic windows are in good condition and bring in generous natural light throughout the day. Each kitchen has a gas range, and each unit includes a dedicated laundry room with built-in shelving and washer and dryer conveying, a walk-in closet, and an en suite full bath. The Monte Vista-facing unit has been recently painted, and custom blackout blinds have been installed in the bedroom for optimized sleeping. The historic sewer line has been replaced with ABS, both units run on heat pump systems with gas packs (one unit replaced in 2018, the other, brand new in 2026) and natural gas is hard-piped to an on-site barbecue accessible to tenants. The lot includes a dedicated pet area and a generous yard suited for gardens, landscaping, or potentially a garage or accessory structure (subject to City of Phoenix and Historic District guidelines). Coronado is one of the most walkable and genuinely friendly neighborhoods in the Phoenix metro, the kind of place where people know their neighbors and actually use their front porches. Located about two miles north of Downtown Phoenix, the neighborhood draws people who want to walk to dinner, bike to work, and feel rooted in a real community. The dining scene continues to grow, as well. Dahlia Tapas, Chop Shop, and Sophia's, are all newer neighborhood hot spots, and Ollie Vaughn's, Cielo Rojo, The Coronado PHX, and Guanaquito remain established neighborhood anchors. Coronado Park, with its community pool, tennis, basketball, and softball field, is right on 12th Street and Palm Lane. Safeway and Banner-University Medical Center Phoenix are nearby on McDowell Road, and Roosevelt Row and Valley Metro Light Rail are a bike ride away. Unit 1 (12th Street entrance) is 608 sq ft, one bedroom, one full bath, currently leased month-to-month at $1,350/month. Unit 2 (Monte Vista entrance) is 608 sq ft, one bedroom, one full bath, vacant, recently painted with custom blackout blinds, and available at current market rates of $1,450-$1,550/month. Estimated gross monthly income for the property is approximately $3,000/month.

2202 N 12th Street, Phoenix

Courtesy of Brokers Hub Realty, LLC. 602-291-3015 Selling Office: West USA Realty.

$669,000

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.

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

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.

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.

$725,000

Beautifully updated 3-unit triplex in the desirable Encanto neighborhood! This income-producing property at 2336 N 11th St offers excellent curb appeal with distinctive white block construction and mature palm trees. All units feature recent renovations including luxury vinyl plank flooring, white shaker cabinets, granite countertops, stainless steel appliances, ceiling fans, and updated bathrooms. Unit A: 3BD/2BA - Leased at $1,395/mo through March 2027 Unit B: 3BD/3BA - Vacant and move-in ready Unit C: 2BD/1BA - Leased at $1,250/mo through August 2026 Strong cash-flow potential with two stable tenants in place. Ideal for investors or multi-generational living. Great location near Coronado Historic District, parks, dining, and easy freeway access. Turnkey opportunity in central P

8 Beds ⋅ 5 Baths ⋅ 7034464 MLS

Beautifully updated 3-unit triplex in the desirable Encanto neighborhood! This income-producing property at 2336 N 11th St offers excellent curb appeal with distinctive white block construction and mature palm trees. All units feature recent renovations including luxury vinyl plank flooring, white shaker cabinets, granite countertops, stainless steel appliances, ceiling fans, and updated bathrooms. Unit A: 3BD/2BA - Leased at $1,395/mo through March 2027 Unit B: 3BD/3BA - Vacant and move-in ready Unit C: 2BD/1BA - Leased at $1,250/mo through August 2026 Strong cash-flow potential with two stable tenants in place. Ideal for investors or multi-generational living. Great location near Coronado Historic District, parks, dining, and easy freeway access. Turnkey opportunity in central P

2336 N 11th Street, Phoenix

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

$925,000

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!

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

$450,000

OWNER WANTS TO CARRY ON THIS ONE!!! 20% DOWN!!! DON'T DISTURB TENANTS!! GREAT CONDITION PROPERTY!! FULLY LEASED!! EACH UNIT HAS IT'S OWN ELECTRIC METER!!! INSIDE WASHER AND DRYER IN EACH UNIT!! ONE UNIT WAS JUST REMODELED, THE OTHER TWO RENOVATED IN 2017!!! ROOF IS 10 YEARS OLD! CARPORT PARKING WITH STORAGE AND GUEST PARKING!!!THESE DON'T COME UP OFTEN!!!

5 Beds ⋅ 3 Baths ⋅ 7033861 MLS

OWNER WANTS TO CARRY ON THIS ONE!!! 20% DOWN!!! DON'T DISTURB TENANTS!! GREAT CONDITION PROPERTY!! FULLY LEASED!! EACH UNIT HAS IT'S OWN ELECTRIC METER!!! INSIDE WASHER AND DRYER IN EACH UNIT!! ONE UNIT WAS JUST REMODELED, THE OTHER TWO RENOVATED IN 2017!!! ROOF IS 10 YEARS OLD! CARPORT PARKING WITH STORAGE AND GUEST PARKING!!!THESE DON'T COME UP OFTEN!!!

1413 E Cheryl Drive, Phoenix

Courtesy of Realty Executives Arizona Territory. 602-755-8556 Selling Office: Non-MLS Office.

$659,000

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

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

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

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

$310,000

RARE INVESTMENT OPPORTUNITY: Two Detached, Single-Family Homes (3-Bed / 1-Bath + 2-Bed / 1-Bath) on a Single, Oversized Lot (6,360 LSF Total) Just West of Downtown Phoenix. TRUE DETACHED LIVING: Features Two Separate Structures, Offering Maximum Privacy & Premium Rental Appeal Compared to Traditional Shared-Wall Duplexes. UNBEATABLE LOCATION & ACCESSIBILITY: Located 11 Minutes (4.5 Miles) From the Heart of Downtown & 11 Minutes From Phoenix Sky Harbor Airport, With Immediate Access to I-10 & I-17. URBAN LIFESTYLE ACCESS: Minutes From Hiking at South Mountain & Papago Park, Plus Immediate Access to the Scenic Trails of the Rio Salado Habitat Restoration Area. TRANSIT-ORIENTED CONNECTIVITY: A Short Distance (0.2 Miles) to the Nearest Valley Metro Bus Stop. PLEASE DO NOT DISTURB TENANTS.

5 Beds ⋅ 2 Baths ⋅ 7031851 MLS

RARE INVESTMENT OPPORTUNITY: Two Detached, Single-Family Homes (3-Bed / 1-Bath + 2-Bed / 1-Bath) on a Single, Oversized Lot (6,360 LSF Total) Just West of Downtown Phoenix. TRUE DETACHED LIVING: Features Two Separate Structures, Offering Maximum Privacy & Premium Rental Appeal Compared to Traditional Shared-Wall Duplexes. UNBEATABLE LOCATION & ACCESSIBILITY: Located 11 Minutes (4.5 Miles) From the Heart of Downtown & 11 Minutes From Phoenix Sky Harbor Airport, With Immediate Access to I-10 & I-17. URBAN LIFESTYLE ACCESS: Minutes From Hiking at South Mountain & Papago Park, Plus Immediate Access to the Scenic Trails of the Rio Salado Habitat Restoration Area. TRANSIT-ORIENTED CONNECTIVITY: A Short Distance (0.2 Miles) to the Nearest Valley Metro Bus Stop. PLEASE DO NOT DISTURB TENANTS.

2435 W Yuma Street, Phoenix

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

$520,000

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.

9 Beds ⋅ 17 Baths ⋅ 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.

$899,999

Options! House hack with out the sacrifice. Built with attention to every detail for owner occupant with rental income or strong investor rental income. Brand new efficient homes with 3 car size insulated garage flex spaces. outstanding location with downtown, 3 state schools of medicine, stadiums and new light rail within walking distance. Commanding views of city skyline from large sliders/deck or south mountain from rear. Secure your future today. Owner is licensed AZ RE agent.

5 Beds ⋅ 3 Baths ⋅ 7031254 MLS

Options! House hack with out the sacrifice. Built with attention to every detail for owner occupant with rental income or strong investor rental income. Brand new efficient homes with 3 car size insulated garage flex spaces. outstanding location with downtown, 3 state schools of medicine, stadiums and new light rail within walking distance. Commanding views of city skyline from large sliders/deck or south mountain from rear. Secure your future today. Owner is licensed AZ RE agent.

1115 S Montezuma Avenue, Phoenix

Courtesy of Endless Ventures. 602-315-7610 Selling Office: Jason Mitchell Real Estate.

$565,000

Investor special with strong upside potential! This triplex was previously a 4-plex and could be converted back. Two of the units are in need of repairs and some updating, but offers an excellent opportunity for investors, flippers, or buyers looking to add value. The property is on a corner lot with a 4 bedroom/2 bath unit which has been remodeled and updated with stainless steel appliances, updated countertops and laminate wood floor. Two additional units with 2 bedrooms/1 bath. Tons of room for parking and enormous back yard.with a shed. Security cameras are included on each unit. Also includes leased solar panels. Some deferred maintenance throughout -- being sold as-is. Great chance to rehab and increase rents. No HOA! Seller willing to payoff solar panels with the right offer!

8 Beds ⋅ 4 Baths ⋅ 7030749 MLS

Investor special with strong upside potential! This triplex was previously a 4-plex and could be converted back. Two of the units are in need of repairs and some updating, but offers an excellent opportunity for investors, flippers, or buyers looking to add value. The property is on a corner lot with a 4 bedroom/2 bath unit which has been remodeled and updated with stainless steel appliances, updated countertops and laminate wood floor. Two additional units with 2 bedrooms/1 bath. Tons of room for parking and enormous back yard.with a shed. Security cameras are included on each unit. Also includes leased solar panels. Some deferred maintenance throughout -- being sold as-is. Great chance to rehab and increase rents. No HOA! Seller willing to payoff solar panels with the right offer!

10226 N 15th Avenue, Phoenix

Courtesy of KLM Real Estate Brokerage. 602-430-8825 Selling Office: My Home Group Real Estate.

$525,000

Established rent by room tri-plex with over 6 years of history. Strong income track record with $75,000-$79,000 annual rents. Financials available upon request. Recent capital improvements include 1 new AC unit & new 400 Amp electric panel. Unit 102 had new kitchen cabinets installed in 2020, new hall bath tub and tile. Unit 101 configured as a 3 bedroom 1 bathroom, unit 102 4 bedroom 2 bathroom, unit 201 - 3 bedroom 2 bathroom. 2025 Financials are attached in the documents tab

9 Beds ⋅ 5 Baths ⋅ 7030068 MLS

Established rent by room tri-plex with over 6 years of history. Strong income track record with $75,000-$79,000 annual rents. Financials available upon request. Recent capital improvements include 1 new AC unit & new 400 Amp electric panel. Unit 102 had new kitchen cabinets installed in 2020, new hall bath tub and tile. Unit 101 configured as a 3 bedroom 1 bathroom, unit 102 4 bedroom 2 bathroom, unit 201 - 3 bedroom 2 bathroom. 2025 Financials are attached in the documents tab

2755 E Atlanta Avenue, Phoenix

Courtesy of eXp Realty. 480-327-8092

$550,000

Discover this rare gem--a fully remodeled duplex with 2 detached homes, offering both comfort and exceptional investment potential! Conveniently located along the SR 51 corridor, this property is just 6 minutes from the airport and 10 minutes from Downtown Phoenix, nestled in the reviving east Coronado neighborhood. With a combined 2,285 square feet, this property includes: A spacious 4-bedroom, 2-bathroom main house (1,570 sqft). A 2-bedroom, 1-bathroom guest house (715 sqft) featuring its own kitchen, laundry hook ups, and private entryway--perfect for Airbnb or long-term rental.

6 Beds ⋅ 3 Baths ⋅ 7029468 MLS

Discover this rare gem--a fully remodeled duplex with 2 detached homes, offering both comfort and exceptional investment potential! Conveniently located along the SR 51 corridor, this property is just 6 minutes from the airport and 10 minutes from Downtown Phoenix, nestled in the reviving east Coronado neighborhood. With a combined 2,285 square feet, this property includes: A spacious 4-bedroom, 2-bathroom main house (1,570 sqft). A 2-bedroom, 1-bathroom guest house (715 sqft) featuring its own kitchen, laundry hook ups, and private entryway--perfect for Airbnb or long-term rental.

1934 E Monte Vista Road, Phoenix

Courtesy of Real Broker. 602-755-3415

$699,000

Turnkey Furnished Phoenix Duplex | Proven Income-Producing Investment | No HOA Opportunity meets flexibility at 4201 E Almeria Rd, a fully furnished duplex already operating as a successful short-term rental with an impressive 4.79-star guest rating and 94.4% five-star reviews. Whether you're expanding your investment portfolio, looking for a house-hack opportunity, or seeking a property that can generate income from day one, this one is ready to perform. The property features two separate residences, including a 2-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit, currently configured for room-by-room rentals to maximize income potential. Continue the existing short-term rental model or adapt it for Airbnb, VRBO, corporate housing, traveling medical professionals, seasonal visitors, mid-term rentals, or traditional long-term tenants. Sold fully furnished, the property includes all furniture, appliances, refrigerators, washers, dryers, and household essentials, making for a seamless transition with minimal startup costs. Major capital improvements provide additional peace of mind, including Unit 1 HVAC (2021), Unit 2 HVAC (2022), Unit 1 water heater (2023), Unit 2 water heater (2021), along with additional interior updates and light remodeling throughout. Location is another standout feature. Situated just minutes from Phoenix Sky Harbor International Airport, Downtown Phoenix, Old Town Scottsdale, Tempe, Arizona State University, major hospitals, business corridors, Cactus League Spring Training, entertainment, shopping, dining, golf, and convenient freeway access, this property consistently appeals to both business and leisure travelers. With no HOA, proven rental history, flexible income strategies, and a location that remains in demand year-round, this is a rare opportunity for investors, owner-occupants, or multi-generational living. Continue operating as a successful furnished rental or tailor it to your investment goals--the choice is yours.

4 Beds ⋅ 4 Baths ⋅ 7029061 MLS

Turnkey Furnished Phoenix Duplex | Proven Income-Producing Investment | No HOA Opportunity meets flexibility at 4201 E Almeria Rd, a fully furnished duplex already operating as a successful short-term rental with an impressive 4.79-star guest rating and 94.4% five-star reviews. Whether you're expanding your investment portfolio, looking for a house-hack opportunity, or seeking a property that can generate income from day one, this one is ready to perform. The property features two separate residences, including a 2-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit, currently configured for room-by-room rentals to maximize income potential. Continue the existing short-term rental model or adapt it for Airbnb, VRBO, corporate housing, traveling medical professionals, seasonal visitors, mid-term rentals, or traditional long-term tenants. Sold fully furnished, the property includes all furniture, appliances, refrigerators, washers, dryers, and household essentials, making for a seamless transition with minimal startup costs. Major capital improvements provide additional peace of mind, including Unit 1 HVAC (2021), Unit 2 HVAC (2022), Unit 1 water heater (2023), Unit 2 water heater (2021), along with additional interior updates and light remodeling throughout. Location is another standout feature. Situated just minutes from Phoenix Sky Harbor International Airport, Downtown Phoenix, Old Town Scottsdale, Tempe, Arizona State University, major hospitals, business corridors, Cactus League Spring Training, entertainment, shopping, dining, golf, and convenient freeway access, this property consistently appeals to both business and leisure travelers. With no HOA, proven rental history, flexible income strategies, and a location that remains in demand year-round, this is a rare opportunity for investors, owner-occupants, or multi-generational living. Continue operating as a successful furnished rental or tailor it to your investment goals--the choice is yours.

4201 E Almeria Road Unit 1, Phoenix

Courtesy of Realty ONE Group. 480-285-0000

$450,000

Great duplex investment opportunity near Downtown Phoenix! Two-unit property with easy access to I-17, I-10, and Sky Harbor Airport. Perfect for investors or owner-occupants. Convenient location close to restaurants, schools, shopping, and public transportation.

8 Beds ⋅ 4 Baths ⋅ 7028424 MLS

Great duplex investment opportunity near Downtown Phoenix! Two-unit property with easy access to I-17, I-10, and Sky Harbor Airport. Perfect for investors or owner-occupants. Convenient location close to restaurants, schools, shopping, and public transportation.

1638 S 5th Street, Phoenix

Courtesy of Keller Williams Integrity First Realty. 480-854-2400 Selling Office: eXp Realty.

$519,999

Back and better than ever with a brand-new roof and major upgrades throughout! Welcome to 2828 E Chipman Rd in Phoenix -- a rare duplex opportunity offering updated living space and excellent investment potential. The front unit spans approximately 1,700 square feet and has been recently remodeled with 3 bedrooms, 2 bathrooms, a stunning new kitchen with modern finishes, fresh carpet throughout, and a spacious, move-in-ready layout. The AC unit was replaced in 2021 for added peace of mind. The back unit offers approximately 1,000 square feet with 2 bedrooms and 1 bathroom, making it ideal for rental income, multigenerational living, or additional flexibility. Whether you are looking to live in one unit while leasing the other or searching for a turnkey investment property, this duplex offers exceptional versatility and value. Located in Phoenix's desirable South Mountain area, the property provides easy access to I-10 and Loop 202, making commuting throughout the Valley simple and convenient. Just minutes from Downtown Phoenix, residents can enjoy nearby dining, entertainment, and cultural attractions, including Papago Park, the Phoenix Zoo, Desert Botanical Garden, Heritage Square, the Rosson House Museum, and the Arizona Science Center.

5 Beds ⋅ 3 Baths ⋅ 7026854 MLS

Back and better than ever with a brand-new roof and major upgrades throughout! Welcome to 2828 E Chipman Rd in Phoenix -- a rare duplex opportunity offering updated living space and excellent investment potential. The front unit spans approximately 1,700 square feet and has been recently remodeled with 3 bedrooms, 2 bathrooms, a stunning new kitchen with modern finishes, fresh carpet throughout, and a spacious, move-in-ready layout. The AC unit was replaced in 2021 for added peace of mind. The back unit offers approximately 1,000 square feet with 2 bedrooms and 1 bathroom, making it ideal for rental income, multigenerational living, or additional flexibility. Whether you are looking to live in one unit while leasing the other or searching for a turnkey investment property, this duplex offers exceptional versatility and value. Located in Phoenix's desirable South Mountain area, the property provides easy access to I-10 and Loop 202, making commuting throughout the Valley simple and convenient. Just minutes from Downtown Phoenix, residents can enjoy nearby dining, entertainment, and cultural attractions, including Papago Park, the Phoenix Zoo, Desert Botanical Garden, Heritage Square, the Rosson House Museum, and the Arizona Science Center.

2828 E Chipman Road, Phoenix

Courtesy of Barrett Real Estate. 480-864-2100

$529,000

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.

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

$389,000

No vacancies in 5 years! Two Homes on One Lot. Rent out one unit and live for free! Welcome to a rare and elegant dual-home opportunity in the rapidly growing Central City area of Phoenix. This exceptional property features two complete, fully renovated homes on one spacious lot, generating $3,767 in gross monthly rent and offering unmatched versatility for investors, multi-generational families, or owner-occupiers seeking rental income potential. Current leases expire 7/31/2026 and 1/31/2027, providing excellent timing to implement your desired strategy. Nestled on a spacious newly steel-fenced and gated lot, this rare offering combines modern comforts, excellent income potential, and walkable access to downtown dining, culture, and sports venues. The front home is a gorgeously remodeled 2-bed, 1-bath residence with abundant living space, featuring a spacious living room with French doors for elegant privacy, a large open kitchen with full-sized stainless steel gas stove, microwave, dishwasher, French-door refrigerator, and butcher block countertops complemented by beautiful tile work. The home boasts an updated tiled shower, luxury vinyl plank flooring, and modern lighting fixtures throughout. A separate laundry room includes an individual full-sized front-loading washer and dryer, while the exterior offers a 2-car covered carport, 2-car driveway, and extended covered back patio with built-in BBQ. The rear home is an equally stunning 2-bed, 1-bath remodeled residence with beautiful kitchen features including butcher block countertops, digital range, built-in microwave, refrigerator, Shaker cabinets, and modern shelving. The bathroom showcases a lovely tiled shower surround with basin sink and high-arc spray faucet, while the living room features an elegant chandelier. Newer windows throughout provide excellent energy efficiency, low-profile light fixtures grace the bedrooms, and a full-size washer and dryer are included. The private fenced backyard is perfect for pets, with off-street private parking for two vehicles. Both homes were renovated in 2021 and are separately metered and fully self-sufficient with independent utilities. With quick access to I-10 and I-17 freeways and Sky Harbor Airport less than 15 minutes away, commuting is effortless. This prime location in one of Phoenix's most strategic neighborhoods offers no HOA restrictions, giving you complete freedom for how you use the space. Whether you're a savvy investor capitalizing on Phoenix's hot rental market or a homeowner seeking flexibility and rental income, this rare dual-home property on one lot represents an exceptional value with huge upside potential. DRIVE-BY ONLY; please do not disturb tenants. Walkthroughs available only with accepted offers. Buyer to verify all information.

4 Beds ⋅ 2 Baths ⋅ 7025380 MLS

No vacancies in 5 years! Two Homes on One Lot. Rent out one unit and live for free! Welcome to a rare and elegant dual-home opportunity in the rapidly growing Central City area of Phoenix. This exceptional property features two complete, fully renovated homes on one spacious lot, generating $3,767 in gross monthly rent and offering unmatched versatility for investors, multi-generational families, or owner-occupiers seeking rental income potential. Current leases expire 7/31/2026 and 1/31/2027, providing excellent timing to implement your desired strategy. Nestled on a spacious newly steel-fenced and gated lot, this rare offering combines modern comforts, excellent income potential, and walkable access to downtown dining, culture, and sports venues. The front home is a gorgeously remodeled 2-bed, 1-bath residence with abundant living space, featuring a spacious living room with French doors for elegant privacy, a large open kitchen with full-sized stainless steel gas stove, microwave, dishwasher, French-door refrigerator, and butcher block countertops complemented by beautiful tile work. The home boasts an updated tiled shower, luxury vinyl plank flooring, and modern lighting fixtures throughout. A separate laundry room includes an individual full-sized front-loading washer and dryer, while the exterior offers a 2-car covered carport, 2-car driveway, and extended covered back patio with built-in BBQ. The rear home is an equally stunning 2-bed, 1-bath remodeled residence with beautiful kitchen features including butcher block countertops, digital range, built-in microwave, refrigerator, Shaker cabinets, and modern shelving. The bathroom showcases a lovely tiled shower surround with basin sink and high-arc spray faucet, while the living room features an elegant chandelier. Newer windows throughout provide excellent energy efficiency, low-profile light fixtures grace the bedrooms, and a full-size washer and dryer are included. The private fenced backyard is perfect for pets, with off-street private parking for two vehicles. Both homes were renovated in 2021 and are separately metered and fully self-sufficient with independent utilities. With quick access to I-10 and I-17 freeways and Sky Harbor Airport less than 15 minutes away, commuting is effortless. This prime location in one of Phoenix's most strategic neighborhoods offers no HOA restrictions, giving you complete freedom for how you use the space. Whether you're a savvy investor capitalizing on Phoenix's hot rental market or a homeowner seeking flexibility and rental income, this rare dual-home property on one lot represents an exceptional value with huge upside potential. DRIVE-BY ONLY; please do not disturb tenants. Walkthroughs available only with accepted offers. Buyer to verify all information.

1716 W Hadley Street, Phoenix

Courtesy of Fathom Realty. 877-661-1977 Selling Office: Apex Residential.

$480,500

Welcome to an outstanding investment opportunity in desirable South Phoenix! This beautifully renovated duplex offers the perfect blend of strong cash flow, modern finishes, and strategic location--plus the flexibility to build equity while living rent-free. With two identical side-by-side units which can generate upto $3,500+ in gross monthly rent, this turnkey property delivers immediate returns with minimal landlord involvement, or pursue a smart owner-occupancy strategy by living in one unit while rental income from the other covers your mortgage. Each spacious 2-bed, 1-bath unit features elegant, high-quality finishes throughout with updated kitchens showcasing white Shaker cabinetry, granite countertops, stainless steel appliances, and recessed lighting that creates a bright, modern aesthetic. Full bathrooms impress with tiled showers, updated vanities, and contemporary fixtures. Open-concept living areas flow seamlessly, complemented by abundant natural light and dual-pane windows that let in Arizona's beautiful weather year-round. This property is essentially brand new inside and out, updated 2019-2021. Each unit boasts private front and backyards. Rare for a duplex property, the expansive backyard provides significant flexibility and future upside. In addition to RV and boat storage, the generous lot size may offer the opportunity for a pool, detached casita, guest house, or other value-add improvements, subject to buyer verification of zoning requirements. Separately metered electric and water (yes for water as well) for each unit means transparent billing and simplified tenant management. Current leases expire 12/31/2026 and 10/31/2027, provides excellent timing to implement your desired strategy--whether that's maintaining strong investor cash flow or transitioning to owner-occupancy with flexible rental options. Just minutes from Sky Harbor International Airport and downtown Phoenix, this neighborhood offers unbeatable convenience and is experiencing significant growth with new construction and exciting development projects nearby, positioning this as a strong value play. This is true turnkey real estate- fully renovated, fully metered with an attractive cap rate. Property is strictly drive-by; please do not disturb tenants. Walkthroughs available after contract acceptance. Buyer to verify all facts, figures, zoning, development potential, and future use possibilities.

4 Beds ⋅ 2 Baths ⋅ 7025341 MLS

Welcome to an outstanding investment opportunity in desirable South Phoenix! This beautifully renovated duplex offers the perfect blend of strong cash flow, modern finishes, and strategic location--plus the flexibility to build equity while living rent-free. With two identical side-by-side units which can generate upto $3,500+ in gross monthly rent, this turnkey property delivers immediate returns with minimal landlord involvement, or pursue a smart owner-occupancy strategy by living in one unit while rental income from the other covers your mortgage. Each spacious 2-bed, 1-bath unit features elegant, high-quality finishes throughout with updated kitchens showcasing white Shaker cabinetry, granite countertops, stainless steel appliances, and recessed lighting that creates a bright, modern aesthetic. Full bathrooms impress with tiled showers, updated vanities, and contemporary fixtures. Open-concept living areas flow seamlessly, complemented by abundant natural light and dual-pane windows that let in Arizona's beautiful weather year-round. This property is essentially brand new inside and out, updated 2019-2021. Each unit boasts private front and backyards. Rare for a duplex property, the expansive backyard provides significant flexibility and future upside. In addition to RV and boat storage, the generous lot size may offer the opportunity for a pool, detached casita, guest house, or other value-add improvements, subject to buyer verification of zoning requirements. Separately metered electric and water (yes for water as well) for each unit means transparent billing and simplified tenant management. Current leases expire 12/31/2026 and 10/31/2027, provides excellent timing to implement your desired strategy--whether that's maintaining strong investor cash flow or transitioning to owner-occupancy with flexible rental options. Just minutes from Sky Harbor International Airport and downtown Phoenix, this neighborhood offers unbeatable convenience and is experiencing significant growth with new construction and exciting development projects nearby, positioning this as a strong value play. This is true turnkey real estate- fully renovated, fully metered with an attractive cap rate. Property is strictly drive-by; please do not disturb tenants. Walkthroughs available after contract acceptance. Buyer to verify all facts, figures, zoning, development potential, and future use possibilities.

5206 S 11th Avenue, Phoenix

Courtesy of Fathom Realty. 877-661-1977

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