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$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

$425,000
6 Beds ⋅ 3 Baths ⋅ 7074943 MLS
2140 W Heatherbrae is a high-demand, cash-flowing 3-unit multifamily property in Midtown Phoenix (85015). Featuring one single-story triplex with large 2-bed/1-bath units on a ±8,486 SF lot, it offers immediate rental upside and value-add potential for 1031 buyers. PROPERTY HIGHLIGHTS: UNITS: Three spacious 2-bed/1-bath layouts (1963 build). LAYOUT: One single-story triplex with private patios. FINANCIALS: Cash-flowing with strong value-add potential. PARKING & UTILITIES: 5 open spaces; individually metered electricity. LOCATION: Infill lot in Midtown Phoenix, near the 19th Ave / Camelback Light Rail. ACCESS: Minutes to I-17, I-10, SR-51, and Sky Harbor Airport.

2140 W Heatherbrae Drive, Phoenix

Courtesy of ABI Multifamily. 602-714-1400

$699,000
4 Beds ⋅ 4 Baths ⋅ 7074894 MLS
Live in the main home while collecting $2,190/month in rental income from two tenant-occupied guest houses! Located in the heart of the Garfield Historic District, offers historic charm, flexible living and built-in income just minutes from Downtown Phoenix. The main residence features 2 bedrooms & 2 bathrooms with new flooring, new windows, remodeled bathrooms, & fresh interior & exterior paint. Unit 2 rents for $1,295/month with a lease through March 31, 2027, and Unit 3 rents for $895/month with a lease through July 31, 2027. A rare opportunity to enjoy a move-in-ready home while rental income helps offset your monthly housing costs. Ideal for an owner occupant, investor, or anyone looking for additional income potential in one of Downtown Phx's most established historic neighborhoods. Buyers exploring FHA or other low down payment owner-occupied financing may find this especially compelling, subject to lender and property eligibility requirements. For investors, the property offers three separate living spaces in one of Central Phoenix's most recognizable historic neighborhoods, with two units already producing income and additional upside through the vacant main residence. The configuration also works well for multigenerational living, extended family, or a combination of personal use and rental income. Located just minutes from Downtown Phoenix, Roosevelt Row, Banner University Medical Center, dining, entertainment, major employment centers, freeways, and Phoenix Sky Harbor International Airport, this is the type of central infill property that is increasingly difficult to replicate. Historic character, existing rental income, and multiple paths for occupancy make 1005 E Moreland St a standout opportunity for buyers looking to live, invest, or do both.

1005 E Moreland Street, Phoenix

Courtesy of eXp Realty. 480-420-4455

$600,000
7 Beds ⋅ 4 Baths ⋅ 7074579 MLS
Fully Leased Fourplex with Rental Upside! This well-maintained fourplex features three 2-bedroom/1-bath units and one oversized 1-bedroom/1-bath unit. Recent improvements include three brand-new AC units and new exterior paint. The property currently generates $49,560 in gross annual income ($4,130/month) and is fully leased, providing immediate stabilized cash flow. Two long-term tenants are currently paying below-market rents, creating an excellent opportunity for a new owner to increase rental income over time.

7143 N 66th Drive, Glendale

Courtesy of Compass. 480-776-1555

$700,000
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

$416,900
4 Beds ⋅ 4 Baths ⋅ 7074366 MLS
*AFFORDABLE DUPLEX PRICED THOUSANDS BELOW MARKET!* Excellent opportunity for an owner-occupant or investor. Each unit features **2 bedrooms, 2 baths and a private garage**. Both units are currently occupied on a month-to-month basis, providing flexibility for a buyer who wants to **live in one unit and rent the other--potentially reducing monthly housing costs substantially!** FHA, VA and down-payment-assistance buyers welcome. Investors benefit from existing rental income with a **6%+ estimated return** and tenants willing to extend their leases if desired. Property has been self-managed by the builder/seller. Some minor cosmetic updating and repairs would restore the property's shine and provide an opportunity to add value. Affordable multifamily ownership with income already in place.

1947 E Raymond Street, Phoenix

Courtesy of RE/MAX Excalibur. 480-355-3500

$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

$550,000
7 Beds ⋅ 4 Baths ⋅ 7073538 MLS
Great investment opportunity in Glendale! This well-maintained triplex features three units with a desirable mix: a spacious 4-bedroom/2-bath, a 2-bedroom/1-bath, and a 1-bedroom/1-bath. Property was updated in 2022 and features laminate flooring throughout. Excellent opportunity for an investor looking to add a multifamily property to their portfolio.

6706 N 55th Avenue, Glendale

Courtesy of Gentry Real Estate. 480-750-9910

$550,000
4 Beds ⋅ 3 Baths ⋅ 7073514 MLS
Great investment opportunity in Glendale! All 3 units currently rented. This well-maintained triplex features two 1-bedroom/1-bath units and one 2-bedroom/1-bath unit. Remodeled in 2021 with new laminate flooring and fresh interior paint completed in 2026. Conveniently located near shopping, dining, schools, and major transportation routes. A great addition to any rental portfolio! Ability to add one additional unit.

6807 N 61st Avenue, Glendale

Courtesy of Gentry Real Estate. 480-750-9910

$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

$340,000
4 Beds ⋅ 2 Baths ⋅ 7072368 MLS
Rare 2017 newer construction duplex in Phoenix! This modern, low-maintenance property offers immediate cash flow with minimal upkeep in the high-demand 85007 zip code. Built in 2017, you get peace of mind knowing major systems are newer and reliable. Ideal for a seasoned investor or an owner-occupant looking to live in one unit and rent the other! Each unit features a bright open-concept layout, a functional kitchen with matching appliances, 2 spacious bedrooms, 1 full bathroom, and dedicated private parking. Separate electric meters keep investor overhead low and property management simple. Enjoy an exceptional location just minutes from Downtown Phoenix, schools, parks, and major freeways. Don't miss this turnkey investment opportunity.

1441 S 15th Avenue, Phoenix

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

$425,000
8 Beds ⋅ 4 Baths ⋅ 7072342 MLS
Great investment opportunity! Check out this multi unit property in Arizona City, now for sale! Each unit boasts 2 bedrooms, 1 bath, and a sizeable living area w/elegant wood-look flooring, soft carpet in all the right places, and neutral palette throughout. Kitchens come equipped w/plenty of wood cabinetry, granite tile counters, and built-in appliances. Cozy bedrooms w/ample closets and full baths ensure the comfort of your tenants! What are you waiting for? Hurry and act now!

8131 W Serena Drive, Arizona City

Courtesy of Barrett Real Estate. 480-864-2100

$595,000
7 Beds ⋅ 3 Baths ⋅ 7072106 MLS
Don't miss your chance to own this delightful duplex in the sought-after El Mirage! Perfect as main residence or investment, conveniently located near everyday necessities. 1st unit features 3 bedrooms and 1 bathroom, while the 2nd unit has 4 bedrooms and 2 bathrooms. Both have spacious living areas and a kitchen equipped with shaker cabinets, recessed lighting, a spacious peninsula, and built-in appliances. Sizable backyards and ample driveway space for parking. This remarkable property blends convenience and comfort seamlessly-you don't want to miss it!

13805 N Luna Street, El Mirage

Courtesy of eXp Realty. 623-293-6902

$725,000
4 Beds ⋅ 4 Baths ⋅ 7071735 MLS
Four on Mariana is a well-maintained four-unit residential investment property located in central Tempe, Arizona. The property consists of four 1- bedroom/1-bathroom units, each approximately 480 SF (1,920 SF total), situated on the end lot of a cul-de-sac with four covered parking spaces and a seller-owned coin laundry on-site. The location is a key asset -- within walking distance of the Arizona State University Tempe campus and minutes from the Novus Innovation Corridor and major highways, driving consistent tenant demand and historically low vacancy. Tenants enjoy exceptional connectivity with minutes-away access to major highways. This is not just a stable investment, it's an opportunity for growth. Current market analysis indiscated room to increase rents allowing for larger re

908 S Mariana Street, Tempe

Courtesy of Get Multifamily. 480-795-7938

$739,000
6 Beds ⋅ 6 Baths ⋅ 7071607 MLS
Brand new modern duplex available in Central Phoenix. It comes with 2 units, each with 3 bedrooms & 2.5 bathrooms. They feature a stylish contemporary design, open-concept floorplan, and gorgeous finishes throughout. Step inside to a bright and spacious great room with luxury plank flooring, recessed lighting, and neutral designer paint.The kitchen has white shaker cabinets with black hardware, quartz countertops, a large center island, custom pendant lighting, a pantry, and plenty of storage space. Upstairs you'll find spacious bedrooms with ceiling fans and tile throughout. Located in a prime Phoenix location with easy freeway access and convenient proximity to Sky Harbor Airport, dining, shopping and entertainment.

2537 E Southgate Avenue, Phoenix

Courtesy of West USA Realty. 602-942-4200

$499,000
5 Beds ⋅ 3 Baths ⋅ 7071365 MLS
Rarely does an investment opportunity like this come to market in Casa Grande. Uniquely positioned on a desirable corner lot, this three-unit property offers the ideal combination of stable cash flow, strong tenant demand, and long-term growth potential in one of Pinal County's fastest-growing markets. The property consists of two distinct structures, creating an attractive and versatile investment offering. Units 819 N Arbor Ave (2/1) and 815 N Arbor Ave (2/1) are configured as a duplex, while 809 N Arbor Ave (1/1) is a separate detached residence, providing the privacy and appeal of a standalone single-family home. All three units feature private entrances, private yard spaces, and include washer and dryer sets for tenant convenience. Current tenancy provides immediate and dependable income with leases expiring 5/31/2027, 6/30/2027 and 11/30/2026 generating gross income of $4000+ per month. Tenants pay all utilities, with each unit separately metered for both electric and water, helping maximize investor returns and minimize owner expenses. With strong in-place rental income and leases already secured, this property offers a rare opportunity to invest in one of Pinal County's fastest-growing markets. Supported by continued economic development, expanding employment opportunities, and increasing housing demand, this asset provides dependable cash flow today while positioning investors to benefit from the area's ongoing growth and future potential. Conveniently located near shopping, dining, schools, and major transportation corridors, this is the definition of a true turnkey investment--stable income today with room for continued upside tomorrow. DRIVE-BY ONLY. Please do not disturb tenants. Interior walkthroughs will be provided only upon acceptance of an offer. Buyer to verify all facts and figures. Act quickly--opportunities like this don't last.

815 N Arbor Avenue, Casa Grande

Courtesy of Fathom Realty. 877-661-1977

$525,000
6 Beds ⋅ 4 Baths ⋅ 7071032 MLS
Amazing investment opportunity to own this brand-new duplex! Perfect for a first-time homebuyer looking to house hack or an investor seeking a low-maintenance property with a desirable unit mix, luxury finishes, and strong cash flow potential. Each unit features 3 bedrooms and 2 bathrooms with high-end finishes throughout, including stainless steel appliances, luxury vinyl flooring, quartz countertops in the kitchens and bathrooms, and brand-new stackable washer/dryers. Each unit also includes a covered parking space, with additional guest parking available. A turfed common area between the buildings provides a great space for pets and outdoor enjoyment.

4037 S 12th Street, Phoenix

Courtesy of Compass. 480-776-1555

$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

$575,000
6 Beds ⋅ 4 Baths ⋅ 7069832 MLS
Extremely rare newer vintage duplex on over 0.5 acre parcel with the opportunity of adding additional units, McKinley II presents a unique value-add multifamily offering. Built in 2004 and consisting of 2 oversized 3-bed, 1-bath floorplans averaging 1,100 SF, future ownership will have the opportunity to complete a renovation program to capture rent premiums already achieved in the the market and build additional unit(s) on the parcel. Alternatively, the property is well positioned for an owner-occupied investment approach. ***PROPERTY IS CURRENTLY VACANT. LEASING WILL COMMENCE BY MID-SEPTEMBER.

2142 E Mckinley Street, Phoenix

Courtesy of Marcus & Millichap. 602-687-6700

$450,000
4 Beds ⋅ 2 Baths ⋅ 7069799 MLS
Uniquely located immediately behind Phoenix Children's Hospital just west of the SR-51 Freeway, Cambridge II presents a unique value-add duplex offering. Built in 1986 and consisting of 2 x 2-bed, 1-bath floorplans averaging 672 SF, future ownership will have the opportunity to complete a renovation program to capture rent premiums already achieved in the the market. Alternatively, the property is positioned well for short-term renting for traveling nurses (given it's proximity to Phoenix Children's Hospital) and/or an owner-occupied investment approach. ***PROPERTY IS CURRENTLY VACANT. LEASING WILL COMMENCE BY MID-SEPTEMBER.

1702 E Cambridge Avenue, Phoenix

Courtesy of Marcus & Millichap. 602-687-6700

$364,900
2 Beds ⋅ 2 Baths ⋅ 7069355 MLS
Excellent multifamily opportunity in the Oakland Historic District near Downtown Phoenix. This duplex features two 1 bedroom / 1 bathroom units, each offering 525 square feet with hardwood floors and functional living space. Both units include their own washer and dryer on separate sides of the building, providing added convenience for residents. The property is fully fenced with parking inside the fencing and sits on a generous 6,375 square foot lot with a large backyard. Additional property features include individually metered electricity, concrete tilt-up frame construction, and R-5 zoning with county multifamily high-density zoning. Conveniently located near Downtown Phoenix, ASU Downtown, light rail, and area amenities, this property offers strong rental appeal and excellent long term investment potential.

1513 W Taylor Street Unit A and B, Phoenix

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

$625,000
3 Beds ⋅ 2 Baths ⋅ 7068512 MLS
Great Premium location, one block from ASU, Huge lot with room to expand, add square footage, or add ADU's, lots of potential. Zoned for multi family, with lots of developments in the area, walking distant to restaurants, stores, stadium and ASU. Property is currently leased with below market rates (month to month) because it needs renovations. Lots of upside potential with the rents. The price reflects the needed renovations. Can view property only after an accepted offer and proof of funds. PROPERTY IS ''AS IS'' CONDITION AND NO REPAIRS

1433 S Jentilly Lane, Tempe

Courtesy of HomeSmart. 602-230-7600

$715,000
8 Beds ⋅ 4 Baths ⋅ 7068450 MLS
Remodeled fourplex in a prime Mesa location! Each unit features updated finishes, refreshed interiors designed for comfort and durability. This turnkey investment offers strong rental appeal with minimal maintenance, making it an excellent opportunity for both new and seasoned investors. Conveniently located near shopping, dining, and major commuter routes. There is a laundry room used by all four units. Also a storage room. See document tab for HOA and rent roll. PLEASE DRIVE BY ONLY. DO NOT DISTURB TENANTS.

2650 E Mckellips Road Unit 241, Mesa

Courtesy of DeLex Realty. 602-910-3002

$575,000
8 Beds ⋅ 100 Baths ⋅ 7067963 MLS
Brand new 3 bed 2.5 bath Duplex Available. Upgraded wood like flooring, tile bathrooms, dual pane windowns. New Fixtures and appliances. Quartz counter tops. Both units are rented and ready for an investor or owner to buy and live in one unit and rent the other out.

970 N 4th Street, Coolidge

Courtesy of Valley Views RE. 480-688-0915

$554,900
6 Beds ⋅ 4 Baths ⋅ 7067825 MLS
Don't miss this opportunity to own a multifamily property. Each unit features 3 bedrooms, 2 bathrooms, and 1,000 sq ft, with identical mirrored floorplans. Enjoy generously sized rooms, spacious closets, and tile flooring throughout. Kitchens are upgraded with quartz countertops, high-quality soft-close cabinetry, crown molding, separate pantry plus all-new appliances in both units. Each unit includes a tankless water heater, interior laundry hook-ups and are individually metered for electricity. Tub and shower surrounds are porcelain panels. Exterior features include concrete driveways and low-maintenance gravel landscaping. Owner covers water.

715 S 97th Street, Mesa

Courtesy of Balboa Realty, LLC. 602-899-6675

$660,000
8 Beds ⋅ 4 Baths ⋅ 7067778 MLS
7155 North 66th Drive is a 4-unit multifamily community located approximately one mile northwest of Downtown Glendale and Grand Avenue (Highway 60). Built in 1984 and partially upgraded in 2023, the property features an all two-bedroom / one-bath unit mix averaging 750 square feet, situated on a 7,096 square foot lot with an on-site parking lot. Completed upgrades include new flooring, interior paint, kitchen cabinets and countertops, bathroom vanities and finishes. All units are individually metered for electricity, limiting owner utility exposure.

7155 N 66th Drive, Glendale

Courtesy of ABI Multifamily. 602-714-1400

$554,900
6 Beds ⋅ 4 Baths ⋅ 7067774 MLS
Don't miss this opportunity to own a multifamily property. Each unit features 3 bedrooms, 2 bathrooms, and 1,000 sq ft, with identical mirrored floorplans. Enjoy generously sized rooms, spacious closets, and tile flooring throughout. Kitchens are upgraded with quartz countertops, high-quality soft-close cabinetry, crown molding, separate pantry plus all-new appliances in both units. Each unit includes a tankless water heater, interior laundry hook-ups and are individually metered for electricity. Tub and shower surrounds are porcelain panels. Exterior features include concrete driveways and low-maintenance gravel landscaping. Owner covers water.

435 S 96th Street, Mesa

Courtesy of Balboa Realty, LLC. 602-899-6675

$450,000
3 Beds ⋅ 2 Baths ⋅ 7067227 MLS
Creative financing available! Rare opportunity to own a highly updated duplex in Phoenix's established Taylor Park neighborhood. Two separate units offer flexibility for rental income, multi-generational living, or an owner-occupied strategy, with one unit offering the potential for a second bedroom. Each unit has dedicated covered parking, plus a generous amount of additional space at the front of the property--creating potential for additional parking, outdoor space, or other creative uses. With no HOA, this property offers an uncommon level of flexibility for both investors and owner-occupants. Conveniently located near 7th St & Dunlap Ave. Live in one and rent the other, lease both, or get creative with the space--the options are here.

9047 N 9th Street, Phoenix

Courtesy of GNS Realty- AZ, LLC. 480-991-0889

$488,000
6 Beds ⋅ 4 Baths ⋅ 7066998 MLS
The property is a beautifully appointed, spacious duplex featuring three bedrooms and two bathrooms. The interior offers ceramic tile flooring throughout and has been upgraded with granite countertops, modern cabinetry, and premium fixtures. The kitchen includes a range/oven, dishwasher, garbage disposal, a dedicated pantry, and a large granite island equipped with electrical access. A sliding Arcadia door opens to a covered patio, enhancing indoor-outdoor living. The home is equipped with ceiling fans in the living room and all bedrooms for added comfort. The primary suite features a generous walk-in closet, double sinks, a granite vanity, and porcelain decorative shower finishes. An oversized indoor laundry area provides ample storage and workspace.

15985 S Yava Road, Arizona City

Courtesy of Ivory Towers Realty. 520-466-6755

$1,685,000
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

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