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$500,000
3 Beds ⋅ 2 Baths ⋅ 7067227 MLS
Rare opportunity to own a well-positioned highly updated duplex in Phoenix's established Taylor Park neighborhood. This versatile property features two separate 1-bedroom, 1-bath units, offering flexibility for rental income, multi-generational living, or an owner-occupied strategy. The units offer approximately 817 and 660 sq ft. of living space and parking. No HOA. Conveniently located near 7th St & Dunlap Ave. Don't miss this exceptional investment opportunity--visit us today!

9047 N 9th Street, Phoenix
$1,795,000
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
$1,380,000
16 Beds ⋅ 9 Baths ⋅ 7066520 MLS
The Heatherbrae 9 Portfolio is a prime, cash-flowing nine-unit multifamily property in Midtown Phoenix (85015). Featuring seven 2-bed/1-bath and two 1-bed/1-bath units across three single-story triplexes on a ±25,356 SF corner lot, it offers immediate rental upside and value-add potential. PROPERTY HIGHLIGHTS: - UNIT MIX: Seven 2-bed/1-bath, two 1-bed/1-bath (1963 build). - LAYOUT: Three detached single-story triplexes with private patios. - PARKING: 14 spaces (2 covered) plus on-site laundry. - UTILITIES: Individually metered electricity. LOCATION & TRANSIT: - COMMUTE: 5.5 miles to Downtown Phoenix; 9.4 miles to Sky Harbor Airport. - TRANSIT: Under 1 mile to the Valley Metro Light Rail; instant I-17 access. - NEIGHBORHOOD: Walkable Midtown corridor near arts, dining, and histo

2140 W Heatherbrae Drive, Phoenix
$930,000
12 Beds ⋅ 6 Baths ⋅ 7066303 MLS
Six on Heatherbrae is a high-demand, cash-flowing six-unit multifamily property in Midtown Phoenix (85015). Featuring two detached single-story triplexes with large 2-bed/1-bath units on a ±16,870 SF corner lot, it offers immediate rental upside and value-add potential for 1031 buyers. PROPERTY HIGHLIGHTS: UNITS: Six spacious 2-bed/1-bath layouts (1963 build). LAYOUT: Two detached single-story triplexes with private patios. FINANCIALS: Cash-flowing with strong value-add potential. PARKING & UTILITIES: 10 open spaces; individually metered electricity. LOCATION: Corner lot in Midtown Phoenix, near the 19th Ave / Camelback Light Rail. ACCESS: Minutes to I-17, I-10, SR-51, and Sky Harbor Airport.

2144 W Heatherbrae Drive, Phoenix
$450,000
4 Beds ⋅ 3 Baths ⋅ 7066242 MLS
Three on Heatherbrae is a high-demand, value-add 1963 triplex on a ±8,486 SF lot in Midtown Phoenix, ideal for 1031 exchange investors. INVESTMENT HIGHLIGHTS: THE ASSET: One 2B/1B and two 1B/1B single-story units with large private patios. UPSIDE: Direct rental growth via interior/exterior modernizations. UTILITIES/PARKING: Individually metered electric, gas ovens, and 4 parking spaces. LOCATION & TRANSIT: Prime 85015 corridor. Minutes to I-17, 1 mile to Light Rail, ~13 mins to Downtown, and ~14 mins to Sky Harbor Airport. Highly walkable urban hub.

2134 W Heatherbrae Drive, Phoenix
$1,100,000
8 Beds ⋅ 8 Baths ⋅ 7065881 MLS
Do not miss the fantastic opportunity to own this 4-plex no HOA! All four units feature a practical and spacious floor plan with soaring vaulted ceilings, wood-look flooring in main living areas, fireplace, and well-appointed kitchen with built-in appliances. Two bedrooms and two bathrooms for added convenience. Nicely sized backyard with covered patio. Great location close to dining, medical facilities, and freeways! Act before it's too late!

319 E Coronado Road Unit 1, Phoenix
$715,000
6 Beds ⋅ 6 Baths ⋅ 7065772 MLS
Brand new duplex built by Gardner Davila Construction. Builder incentive 4.99% interest rate for 30 year mortgage with 780+ credit score, personal residence buyer with a 10% down payment. Both units feature 3 beds and 3 baths with an oversized great room and large bedrooms. To be complete October 2026.

1525 W Tonto Street Unit 1 & 2, Phoenix
$510,000
6 Beds ⋅ 3 Baths ⋅ 7065237 MLS
Great investment opportunity in Central Phoenix! This triplex was recently updated and each unit has a large living room, two-bedrooms, one bathroom, a spacious kitchen, and great backyard space. All three units are fully leased with stable tenants. Good roof (replaced in 2016) and new air-conditioning units (replaced in 2020 & 2024). Make your move now! Drive by only. Do not disturb tenants. Assumable FHA loan, balance $376k at 5.73% rate. 29 years remaining.

2210 W Heatherbrae Drive, Phoenix
$199,999
8 Beds ⋅ 7 Baths ⋅ 7064950 MLS
Excellent redevelopment opportunity with plans and permits already approved and paid for. BOTH PARCELS INCLUDED, PLEASE READ. This project consists of a full remodel and renovation of the existing properties at 948 and 954 W Mohave St. The approved plans convert the 948 property into a functional duplex consisting of two 2-bedroom, 2-bathroom units, while the 954 property is designed as a fully renovated 4-bedroom, 3-bathroom single-family home. Permits are approved and paid for, allowing the buyer to take over and complete the project. Property is currently boarded by the City of Phoenix and access is limited. Buyer to verify all facts, figures, plans, permits, square footage, and intended use. Approved permits and plans are available in the Documents tab.

954 W Mohave Street, Phoenix
$650,000
7 Beds ⋅ 4 Baths ⋅ 7064937 MLS
INVESTMENT OPPORTUNITY to own THREE separate income-producing units. All three units are currently rented, providing immediate rental income. Convenient Phoenix location with access to major roads, shopping, dining, and nearby amenities. Great opportunity for investors looking to add a multi-unit property to their portfolio. Properties are located on two parcels. The owner is working to have the parcels combined with the city. Please include both legal descriptions on the offer. Buyer to verify all facts and figures.

3716 E Fillmore Street, Phoenix
$690,000
9 Beds ⋅ 5 Baths ⋅ 7064823 MLS
This 4-unit property in Phoenix presents a compelling opportunity for the owner-occupant or buy-and-hold investor looking to enter or expand in one of the Valley's most resilient rental markets. The offering features a desirable unit mix of three 2-bedroom residences and one spacious 3-bedroom unit, ideal for the house hacker looking to offset their mortgage while building long-term equity. The property is move-in ready with meaningful updates already in place, allowing an investor to step in with confidence while still having a clear runway to add value through strategic improvements and rental rate optimization.

2440 E Waltann Lane, Phoenix
$450,000
5 Beds ⋅ 3 Baths ⋅ 7064724 MLS
Cash Flowing Triplex, Priced to Trade Quickly, Market Rents, Low Expenses Near North Mountain, I17, Tile Flooring, Private Patio's, Lots of Parking, Individually Metered for Electricity, Laundry Onsite Opportunity. All facts and figures approximate, Buyer to verify to their own satisfaction.

10213 N 15th Avenue, Phoenix
$711,000
5 Beds ⋅ 3 Baths ⋅ 7064669 MLS
Exceptional investment opportunity in the heart of Phoenix! This unique portfolio includes three separate single-family homes being offered together at one price: 830 S 15th Ave (2 bed/1 bath), leased through 10/31/2026 at $1,838.55 per month; 820 S 15th Ave (1 bed/1 bath), leased through 8/31/2027 at $1,553.07 per month; and 1501 W Hadley St (2 bed/1 bath), leased through 11/30/2026 at $1,636.00 per month. Generating approximately $5,027.62 in monthly gross rental income, this portfolio provides immediate cash flow, built-in stability, and long-term investment potential. Whether you're looking to expand your rental portfolio, or take advantage of a unique house-hacking opportunity - live in one home while collecting income from the other two, this property offers exceptional flexibility and a rare opportunity to own multiple income-producing homes in a rapidly growing area. All three homes have separate electric and gas meters, simplifying utility management. All major remodeling was completed in 2021, with updated finishes throughout, making this a true turnkey investment. Each home features a private fenced yard for added privacy and outdoor enjoyment and includes essential appliances such as a stove, refrigerator, and washer/dryer to support tenant satisfaction and minimize ownership expenses. Perfectly positioned for flexible ownership, multigenerational living, or long-term portfolio growth, these properties are conveniently located near Downtown Phoenix, major freeways, public transportation, employment centers, shopping, dining, and entertainment, benefiting from strong rental demand and excellent accessibility. DRIVE-BY ONLY -- please do not disturb tenants. Walkthroughs available with accepted offers only. Act quickly--opportunities like this do not come around often. Buyer to verify all facts and figures.

830 S 15th Avenue, Phoenix
$8,699,900
45 Beds ⋅ 45 Baths ⋅ 7064384 MLS
Alameda Villas Brand New Luxury Townhomes! Offering exceptional value with one of the lowest price-per-sqft opportunities in the Arcadia/Scottsdale area. Discover Alameda Villas, a stunning new construction community completed in 2024, offering 15 meticulously designed single-family townhomes. Built for ultimate flexibility, these homes can be sold individually as single-family residences or acquired entirely for a lucrative leasing opportunity. Each three-bedroom, 2.5-bath unit offers premium finishes, custom cabinetry, elegant countertops, beautiful flooring, and durable synthetic stucco exteriors for a low-maintenance lifestyle. Prime Location: Near dining, grocery stores, and shopping. Living Space: 1,825 SQFT Under Roof: 2,246 SQFT / 2 Garages Plus, fully occupied!

3804 E Monterey Way, Phoenix
$1,185,000
10 Beds ⋅ 5 Baths ⋅ 7063520 MLS
Excellent Central Phoenix investment opportunity! Updated 5-unit multifamily property featuring spacious 2BD/1BA units. Units offer updated kitchens, bathrooms, flooring and appliances. Property includes covered parking, private outdoor areas and low-maintenance landscaping. Additional value-add opportunity with existing bonus space that could potentially be converted into an on-site laundry facility, creating an additional revenue stream while providing a desirable tenant amenity and supporting future rent growth. Alternatively, the space could be utilized as tenant storage for additional monthly rental income. Convenient Central Phoenix location near 15th Ave & Indian School Rd with easy access to Downtown Phoenix, freeways, shopping, dining and public transportation.

4012 N 15th Avenue, Phoenix
$445,000
2 Beds ⋅ 2 Baths ⋅ 7063336 MLS
Experience the perfect blend of comfort and convenience in this fabulous single-story duplex! Discover a warm and inviting great room with wood-look flooring, neutral palette, and ceiling fans throughout, creating a bright and comfortable atmosphere. The kitchen offers subway tile backsplash, stainless steel appliances, recessed lighting, quartz counters, white cabinets, and a breakfast bar that's perfect for casual dining or your morning coffee. Have a good night's sleep in the quaint bedroom complete with a sliding door closet. Enjoy stunning mountain views from the spacious backyard. Don't let this amazing opportunity slip away! Perfect investment opportunity with tenants already in place!!

1447 E Mountain View Road, Phoenix
$660,000
8 Beds ⋅ 4 Baths ⋅ 7062340 MLS
The 15th Street fourplex consists of four 2-bedroom, 1-bath units, each approximately 650 square feet. Average rents are $1,107 per unit, producing gross annual income of approximately $53,160. Operating expenses are low, with the owner responsible only for water, sewer, and trash. Three of the four units have been renovated, and two HVAC systems have been replaced within the last 2-4 years. Located in the highly desirable Garfield Historic District, the property offers historic charm, excellent walkability, and close proximity to Roosevelt Row, making it an attractive investment with strong long-term upside in one of downtown Phoenix's most sought-after neighborhoods.

377 N 15th Street, Phoenix
$1,525,000
8 Beds ⋅ 8 Baths ⋅ 7062113 MLS
THIS CONTEMPORARY DUPLEX COMPRISING TWO IDENTICAL SFH HOMES (ONE LOT ONE APN#) IN HEART OF MIDTOWN PHOENIX PRESENTS A COMPELLING OPPORTUNITY TO AQUIRE AN ASSET AT BELOW -MARKET DEBT. The Homes are mirror image 2488 Sq Ft units, each featuring 4 bed, 3 full + 2 half baths spanning three slevels with loft and entertainer's dream roof deck allowing amazing sunset views. Quality finishes throughout with metal and wood, give an urban chic feel.Roof deck has detached casita that can serve as 4 bedroom/office. LIVE IN ONE AND OFF SET EXPENSES BY RENTING THE OTHER. SUITS MULTI-GENERATIONAL FAMILY LIFESTYLES OR 1031 EXCHANGE BUYERS SEEKING RATE CERTAINTY AND LONGTERM FINANCING FLEXIBILTY.

220 W Monterosa Street, Phoenix
$995,000
7 Beds ⋅ 4 Baths ⋅ 7062031 MLS
The Axl in Garfield is a 4-unit garden-style property of solid block construction, built in 1965, 1968, and 1996 and was extensively renovated and modernized in 2025, with approximately $55k per unit in capex.. The community includes (3) 2-bed / 1-bath units and (1) 1-bed / 1-bath unit, each with fully renovated interiors featuring upgraded flooring, cabinetry, countertops, stainless steel appliances, and in-unit washer/dryers; select units also include private fenced yards. Residents enjoy dedicated parking, and easy access to Downtown Phoenix, all within the historic Garfield Historic District, one of Phoenix's most vibrant urban enclaves. With residential financing available, The Axl in Garfield offers a turnkey, cash-flowing investment in a dynamic infill location.

1338 E Fillmore Street, Phoenix
$1,625,000
10 Beds ⋅ 8 Baths ⋅ 7061722 MLS

8939 N 8th Street, Phoenix
$950,000
4 Beds ⋅ 4 Baths ⋅ 7060954 MLS
Two stand alone duplexes, 4 large spacious units in total. LOTS of parking with additional guest parking available too. Tenants in place for several years. Prime central phx location close to everything. Units updated in 2019. Tenants in place, drive by only.

1405 E Roosevelt Street, Phoenix
$695,000
6 Beds ⋅ 6 Baths ⋅ 7060894 MLS
* **9.74% Day-One Cap Rate -- Exceptional Yield in a Single-Family Asset** * **Absolute NNN Structure -- Tenant Reimburses Property Taxes and Insurance** * **Contractual Rental Growth Built Into the Initial 5-Year Lease Term** * **Forward Yield Increases to Approximately 10.43% by Year 5** * **Newly Executed Lease Provides Contractual Income Through 2030** * **Personal Guarantee Supports the Tenant's Lease Obligations** * **More Than $40,000 in Recent Renovations and Capital Improvements** * **Predictable Income Stream Secured by Phoenix Real Estate** * **Built-In Upside Without Renovation, Repositioning, or Intensive Management** * **Rare Combination of Double-Digit Forward Yield and Residential Real Estate** ABSOLUTE NNN SINGLE-TENANT INVESTMENT 5-Year Lease | Built-In Rental Growth | 9.74% Year 1 Cap Rate POSITIONING Bond-Like Income Secured by Real Estate Absolute Triple NNN lease structure Newly executed 5-year lease commencing January 1, 2026 Personal guarantee Two additional 5-year renewal options Monthly base rent increases by $100 each year Tenant's first right of refusal ASKING PRICE: $695,000 EXECUTIVE SUMMARY Gerchick Real Estate is pleased to present a fully stabilized, single-tenant Absolute NNN investment secured by a newly executed 5-year lease. In addition to base rent, the tenant reimburses the landlord for property taxes and insurance, creating a predictable and largely passive income stream. This investment offers: Immediate cash flow Contractual annual rent growth Minimal landlord responsibility Personal guarantee Long-term renewal potential Strong initial and forward yields The property's value is driven by its contractual income stream. This is not an owner-occupant comparable-sale opportunity--it is a yield-focused real estate acquisition. FINANCIAL OVERVIEW Year 1 Income Base Rent: $5,200 per month NNN Reimbursements: $440.25 per month Total Monthly Income: $5,640.25 Total Annual Income: $67,683 Year 1 Cap Rate Purchase Price: $695,000 $67,683 ÷ $695,000 = 9.74% YEAR 1 CAP RATE: 9.74% FORWARD YIELD GROWTH Lease Year Annual Income Yield on Original Purchase Price Year 1 $67,683 9.74% Year 2 $68,883 9.91% Year 3 $70,083 10.08% Year 4 $71,283 10.26% Year 5 $72,483 10.43% By Year 5, the annual yield increases to approximately 10.43% based on the original $695,000 purchase price. FIVE-YEAR CASH-FLOW PROJECTION Assuming an all-cash purchase at $695,000: Lease Year Projected Gross Income Year 1 $67,683 Year 2 $68,883 Year 3 $70,083 Year 4 $71,283 Year 5 $72,483 Total $350,415 TOTAL PROJECTED FIVE-YEAR GROSS INCOME: $350,415 The projected five-year gross income equals approximately 50.42% of the purchase price, providing investors with the potential to recover more than half of the original acquisition cost through gross income during the initial lease term alone. LEASE ABSTRACT Lease commencement: January 1, 2026 Initial lease term: 5 years Renewal options: Two additional 5-year terms Base-rent increases: $100 per month annually Guarantee: Personal guarantee First right of refusal: Provided to tenant Property taxes: Reimbursed by tenant Property insurance: Reimbursed by tenant Lease structure: Absolute NNN INVESTMENT THESIS Why This Asset Performs Attractive 9.74% initial cap rate Contractual annual rent increases Forward yield exceeding 10% beginning in Year 3 Personal guarantee helps reduce investment risk Minimal ongoing management burden Annual increases provide a hedge against inflation Strong Phoenix location Potential for future cap-rate compression Contractual income secured by underlying real estate Two additional 5-year renewal options This structure may appeal to private investors, 1031 exchange buyers, family offices, and yield-focused purchasers seeking stable real estate income without the management demands of a traditional residential rental. BUYER REQUIREMENTS The Seller recognizes that traditional residential appraisal methodology may not fully reflect the value of the property's contractual income stream. All offers must: Be submitted as an all-cash purchase; or Waive the appraisal contingency; and Include acceptable proof of funds This is an income-driven acquisition. DISCLAIMER All information contained herein has been obtained from sources deemed reliable but is not guaranteed. Buyer shall independently verify all information, including but not limited to lease terms, rental income, reimbursements, expenses, property condition, zoning, square footage, and all other material facts.

1927 E Crocus Drive, Phoenix
$480,000
6 Beds ⋅ 4 Baths ⋅ 7060835 MLS
Excellent investment opportunity with this well-maintained duplex! Each features 3 beds & 2 baths with a functional, thoughtfully designed layout. Unit 1 is vacant and move in ready while Unit 2 is leased at $2,000 per month , providing immediate rental income. Inside each unit, you'll find a seamlessly flowing open floor plan enhanced by vaulted ceilings and abundant natural light. The kitchens include appliances, cabinetry, & a laundry closet. Each primary suite features a walk-in closet and a private bathroom. Plus plenty of parking spaces! Desirable location close to schools, hospitals, freeways, shopping, restaurants, and the airport; this property is an outstanding opportunity for investors or owner-occupants looking to offset their mortgage with rental income owner agent

1028 N 27th Street, Phoenix
$918,000
6 Beds ⋅ 50 Baths ⋅ 7060645 MLS
These 2 NEW BUILD single family homes or on 1 lot. 1 APN number, same financing as a duplex. Come and see these amazing 3 BR 2.5 bath single family homes. 20 Foot Ceilings, Luxury flooring, modern kitchen and so much more. Backyards over 1000 SF. Garage for 2 cars plus driveway for more. Balcony on front and back makes these contemporary homes and amazing purchase, especially for a first time investor! No HOA! so much more to see.

2051 E Michigan Avenue E Unit 1, Phoenix
$1,998,000
7060274 MLS
Desert Jewel is an 11-unit, garden-style apartment community built in 1960 and renovated in 2017, located in the highly desirable Arcadia-Lite submarket of Phoenix. The property is individually metered for electricity and offers ample resident parking, including a covered carport. The unit mix consists of (2) 1-bed/1-bath, (2) 2-bed/1-bath, and (7) 2-bed/2-bath units averaging 823 SF. Current interior renovations feature stainless steel appliances, kitchen islands, updated light fixtures, and in-suite washer & dryer. A light value-add opportunity remains through exterior renovations. Ideally positioned just minutes from Biltmore Fashion Park, Camelback Mountain hiking trails, Biltmore Golf Club, and Downtown Phoenix. Seller recently replaced underground sewer line.

2947 N 39th Street, Phoenix
$522,500
4 Beds ⋅ 2 Baths ⋅ 7059979 MLS
Fantastic Brick Duplex in great phoenix location! Both sides are 2 bedroom and 1 bathroom units with one unit completely remodeled! Huge lot with awesome RV gate and ample storage for all your needs. Live in one side and use the other as a great income generating home or make this a great rental property with tons of upside!! All new appliances on one side with complete bathroom remodel as well. Great value here, Make this one yours!!

3608 N 13th Avenue, Phoenix
$650,000
7059467 MLS
Fantastic investment opportunity! This well-maintained 4-plex features three spacious 1-bedroom, 1-bath units and one generous 2-bedroom, 1-bath unit. Conveniently located near shopping, dining, parks, and major commuter routes, it offers the perfect blend of comfort and accessibility. Enjoy off-street parking and stunning mountain views. A great option for both investors and owner-occupiers seeking rental income in a desirable location.

10648 N 15th Avenue, Phoenix
$650,000
6 Beds ⋅ 4 Baths ⋅ 7059177 MLS
Great opportunity! Embrace the perfect blend of modern style and everyday comfort in this beautiful single-story duplex! Discover a desirable open floor plan filled with abundant natural light, enhanced by wood-look flooring and fresh neutral paint throughout. Upscale kitchen is designed to impress, featuring stainless steel appliances, ample white cabinetry, quartz counters, recessed & pendant lighting, and a peninsula with a breakfast bar that's ideal for casual dining or entertaining. Large main retreat provides a walk-in closet and a private bathroom with a shower & tub combo. Each unit offers 3 bedrooms and 2 bathrooms. Excellent location, close to restaurants, entertainment, and more. What are you waiting for? Make it yours before it's gone!

3753 E Polk Street, Phoenix
$435,000
7058755 MLS
hree at Taylor Located in the heart of the rapidly revitalizing Phoenix, this well-positioned triplex offers an exceptional opportunity for both investors and owner-occupants seeking strong rental demand and long-term appreciation. Situated in the desirable Garfield Historic District area, the property benefits from its proximity to downtown employment hubs, dining, arts, and entertainment. The property features one 2 bedroom and two 1 bedroom units , providing diversified income potential in one of Phoenix's most active rental corridors. Tenants enjoy convenient access to Arizona State University's downtown campus, major medical centers including Banner - University Medical Center Phoenix, and cultural attractions such as the Phoenix Art Museum. Commuting is seamless with nearby acces to the Valley Metro Light Rail, connecting residents throughout the metro area. Currently rented below markets at $925, $950 & one vacant unit Market rents are $1,050 to $1,250 Each unit offers functional layouts with comfortable living spaces, remodeled making the property attractive for long-term tenants or potential short-term rental strategies where permitted. The central location places residents minutes from downtown Phoenix restaurants, nightlife, and employment centers while maintaining the neighborhood charm of one of the city's most established districts. Whether you're expanding a rental portfolio or seeking a property with strong income potential in a high-growth urban market, this triplex presents a compelling opportunity in one of Phoenix's most desirable investment corridors. All facts and figures are approximate buyer verify MLS information

2142 E Taylor Street Unit 1, Phoenix
$750,000
7058509 MLS
Four at Willetta is a stabilized, garden-style four-unit multifamily asset located in the highly desirable Biltmore/Arcadia corridor of Phoenix, Arizona. Constructed in the 1980s, the property offers a functional unit mix of two two-bedroom/one-bath units and two one-bedroom/one-bath units, catering to a broad tenant base in a high-demand rental submarket. The property has maintained 100% occupancy for nearly a decade, supported by long-term tenancy and consistent rental demand. Current in-place rents range from $1,100 to $1,350, presenting a clear value-add opportunity as market rents in the immediate area range from approximately $1,200 to $1,450. A new owner has the ability to implement a measured rental repositioning strategy to capture upside while maintaining occupancy stability. Four at Willetta is a stabilized, garden-style four-unit multifamily asset located in the highly desirable Biltmore/Arcadia corridor of Phoenix, Arizona. Constructed in the 1980s, the property offers a functional unit mix of two two-bedroom/one-bath units and two one-bedroom/one-bath units, catering to a broad tenant base in a high-demand rental submarket. The property has maintained 100% occupancy for nearly a decade, supported by long-term tenancy and consistent rental demand. Current in-place rents range from $1,100 to $1,350, presenting a clear value-add opportunity as market rents in the immediate area range from approximately $1,200 to $1,450. A new owner has the ability to implement a measured rental repositioning strategy to capture upside while maintaining occupancy stability. Each unit is equipped with central air conditioning, tile flooring, or laminate and white cabinetry, stainless steal appliances, and all units feature private backyard spaces--an amenity that differentiates the asset from competing properties and supports tenant retention. The property has undergone recent exterior capital improvements, including new paint, upgraded fencing and gates, modernized entry doors, enhanced lighting, and refreshed landscaping. All facts and figures are approximate buyer verify MLS info Owner Broker

2444 E Willetta Street Unit 4, Phoenix