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$631,000
6990515 MLS
Multi-Family | Fully Remodeled | Active Airbnb in Downtown's Historic District. This beautifully renovated 1911 Craftsman offers a rare, income-producing setup with space, charm, and flexibility. The main residence features 8 bedrooms and 4.5 baths, plus a unique basement/bomb shelter ideal for storage, a wine cellar, or a creative flex space. Above the detached 2-car garage, a separate 2 bed / 1 bath apartment with a full kitchen provides an additional rental stream or private guest quarters. Positioned on a corner lot and currently operating as an active Airbnb, this property is minutes from major Downtown Phoenix attractions including The Van Buren, the Japanese Friendship Garden, and Chase Field.

1502 W Monroe Street, Phoenix

Courtesy of Compass. 480-776-1555

$412,000
6 Beds ⋅ 4 Baths ⋅ 6989977 MLS
Fantastic masonry (block) duplex built in 2003 offering strong income potential & flexible living options. Each spacious unit features approximately 1,120 sq ft w/ 3 beds & 2 full baths. Both units showcase durable tile flooring throughout, ceiling fans in every room, and bright, open great rooms designed for comfortable living. Functional ''L''-shaped kitchens include refrigerator, stove/oven, and garbage disposal, while all-electric systems help simplify maintenance. Major updates include brand new 2025 electric A/C and heating systems for both units, plus one new water heater. Large front patio along with private side and backyard spaces. Conveniently located near schools, shops and hiking trails. Currently tenant occupied, units leased at $1187 and $1090. Please do not disturb tenants. Access will be arranged upon accepted contract. Ideal for investors or owner-occupants seeking immediate rental income and long-term value!

1235 E Wood Street, Phoenix

Courtesy of Redfin Corporation. 602-483-4919

$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

$305,000
4 Beds ⋅ 2 Baths ⋅ 6987999 MLS
Unlock the potential of this versatile duplex, perfectly suited for investors, house hackers, or multi-generational living! Nestled on a generous 10,000+ sqft lot with mountain views & next to Mountain View Park, this property offers opportunity & convenience. Both units are currently occupied, generating a rent roll of $900 per unit. While the dwelling needs some TLC, it boasts spacious front and private backyards, ideal for outdoor fun or future upgrades. Each unit features a porch, a living/dining room, tile flooring, a kitchen with breakfast nook, two bedrooms, and a full bath. This is your chance to build equity, customize to your vision, and maximize value in a well-established area! Appraised for $345K last year! Close to schools, restaurants, shops, and the I-17, this location makes daily life a breeze.

740 W Cinnabar Avenue, Phoenix

Courtesy of Rosenbaum Realty Group. 480-588-1333

$815,000
10 Beds ⋅ 4 Baths ⋅ 6984600 MLS
Excellent investment opportunity in the heart of Phoenix! This centrally located triplex offers strong rental appeal and immediate income potential, as all units are currently fully leased. The property features two units with 2 bedrooms and 1 bathroom, plus a spacious third unit offering 3 bedrooms and 2 bathrooms — ideal for attracting a variety of tenants. Each unit has been thoughtfully updated with modern finishes, including wood-look flooring, neutral color palettes, recessed lighting, and stylish kitchens complete with white shaker cabinetry, quartz countertops, stainless steel appliances, and tile backsplash. Residents enjoy private covered patios, front turf areas, and the convenience of in-unit washer and dryer — features that enhance tenant satisfaction and retention. Situated near major freeways, downtown Phoenix, Chase Field, ASU, Phoenix Children's Hospital, shopping, dining, and public transportation, this property offers both convenience and long-term desirability. Easy to manage and located in a high-demand rental corridor, this is an ideal addition to any investment portfolio. Don't miss this opportunity to own a well-maintained multi-family property in a prime central location!

1950 E Yale Street, Phoenix

Courtesy of Barrett Real Estate. 480-864-2100

$895,000
5 Beds ⋅ 3 Baths ⋅ 6974438 MLS
Well-located duplex in Phoenix's Central Corridor offering a versatile residential and investment opportunity. The property features two separate residences consisting of a 2-bedroom, 1-bath unit and a larger 3-bedroom, 2-bath unit, each with private living spaces and thoughtful layouts. Recent improvements throughout the property deliver a clean, modern feel while maintaining long-term durability and ease of ownership. Currently fully occupied, this duplex provides immediate income with upside for future repositioning or owner-occupancy. Conveniently situated near dining, shopping, employment centers, and major transportation routes, this is a compelling option for buyers seeking stable cash flow in a highly desirable infill location.

610 E San Juan Avenue, Phoenix

Courtesy of Gentry Real Estate. 480-750-9910

$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

$500,000
6 Beds ⋅ 3 Baths ⋅ 6971413 MLS
Excellent investment opportunity with strong cash flow potential. This triplex features three well-designed 2-bdm, 1-bath units, each offering an indoor laundry room, private outdoor storage, & covered parking. Two of the three units have been remodeled, providing immediate value with additional upside through renovation of the remaining unit to increase rents. All units are individually metered for water & electricity -keeping operating expenses low. The property is ideally located near the US 60 freeway with convenient access to shopping & dining. Nearby outdoor amenities include hiking, biking, golfing, the Salt River, & local lakes, enhancing tenant appeal. Rent potential for this area is $1,300-$1,500. Buyer to verify all facts, figures and schools.

2560 S Yavapai Road, Apache Junction

Courtesy of Cactus Rose Realty. 480-330-6256

$739,500
3 Beds ⋅ 3 Baths ⋅ 6971256 MLS
This tri-plex building features three one-bedroom, one-bathroom units. Each unit has been fully remodeled, including flooring, kitchen, bathroom, electric and lighting, plumbing and fixtures, windows, and more! The electric panels were replaced in March 2025 and the roof was replaced April 2025. Sewer lines relined with NuDrain 2026; 20-year transferable warranty, approx. 50-year life expectancy. Laundry can be converted to coin-operated for potential additional income. Open floor plans and low maintenance landscaping. Parking is off street, and there is one dedicated space per unit. Convenient location is only a few blocks away from Old Town Scottsdale with unique landmarks, trendy shops, and vibrant dining options. It's also close to Scottsdale Fashion Square and Scottsdale Stadium.

6813 E Avalon Drive, Scottsdale

Courtesy of Good Company Real Estate. 602-753-7320

$545,000
14 Beds ⋅ 8 Baths ⋅ 6971241 MLS
DO NOT DISTURB TENANTS, Listing includes 212 E Centre, 214 E Centre Ave, 216 E Centre Ave & 309 S 3rd Street in Buckeye AZ.: hard to find multi family this property has 2 single family homes and 1 duplex building front Duplex 214 & 216 are 3bd, 1 ba, 1000 sq ft each, 309 is 720 sq ft, 2 bed, 1 ba, new roof and insulation, electrical panel and rewiring, Hot water heater 2018, new flooring 2016. Stand alone home 212 Centre is a 720 sq ft 3bd 1 ba. new a/c in 2018 hot water heater 2012, new stove in 2018, 2007 new fence for property, new flooring in 2016. a/c are 16 seer 2.5 ton. More updates. Flooring redone in 214 & 216 Centre 2025, Fresh paint 212,214 & 309 units 2025. 216 Centre's interior painted in Nov 2025, a new hot water heater installed 10/2025. 309 new hot water heater 10/205

214 E Centre Avenue, Buckeye

Courtesy of Fathom Realty Elite. 623-301-9091

$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

$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

$1,250,000
5 Beds ⋅ 10 Baths ⋅ 6959584 MLS
This turnkey, recently renovated Four Plex presents an exceptional investment opportunity in the heart of Old Town Scottsdale, one of the area's most desirable and high-demand locations. The property features a well-balanced unit mix of three - 1/bed, 1/bath units with luxury vinyl floors and one - 2/beds, 1/bath unit, with new tile floors. Each residence offering its own en suite laundry, and a private patio, enhancing tenant comfort and desirability. The complex also includes 4 on-site storage units, adding value to the property. Ideally located down the street from Paiute Park, and less than two miles from Old Town Scottsdale. The property offers easy access to Scottsdale Fashion Square, Spring Training facilities, premier dining, entertainment, shopping, the Phoenix Zoo, Botanical Garden, Sky Harbor International Airport, and world-class golf. Situated in a prime rental market known for strong demand and long-term growth, this fully rented multifamily asset represents a low-maintenance investment with consistent income potential. Don't miss this outstanding opportunity to own a Four Plex in one of Scottsdale's most sought-after neighborhoods.

3232 N 66th Street, Scottsdale

Courtesy of Realty ONE Group. 480-321-8100

$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

$850,000
5 Beds ⋅ 5 Baths ⋅ 6952018 MLS
Unlock the potential of this prime multifamily-zoned parcel—perfectly positioned on highly traveled Power Road in one of the most desirable and fast-growing corridors of Chandler Heights, just moments from booming San Tan Valley. This location is built for profitability. With demand for rental housing at an all-time high, the possibilities for income-producing units, small multifamily builds, or mixed-use concepts are endless. Envision a thriving community, strong rental returns, and long-term appreciation in an area where growth isn't slowing down—it's accelerating. Secure this strategic investment opportunity now and build the future of your portfolio. All parcels total 1.31 acres.

26311 S Power Road, Queen Creek

Courtesy of Berkshire Hathaway HomeServices Arizona Properties. 480-467-4900

$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

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