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$1,250,000
6924258 MLS
10-Unit Multifamily Investment Opportunity! This renovated and cash-flowing property is in a strong central Phoenix rental market, consisting of 8 one-bedroom/one-bath units and 2 studio units, all renovated around 2022-2023, modern finishes and several updated systems. Each unit is separately metered for electricity, reducing ownership expenses and simplifying management. Very low property tax expense on this one ($1,167/yr). This sale includes two parcels, with the north parcel at 921 S 35th Ave, offering a big space to work with—a rare opportunity for value-add expansion. The additional land provides space to build storage units, install vending machines, add a laundry facility, or develop additional income-producing amenities, significantly increasing future cash flow and property value. The property is fully occupied with month-to-month leases. Located near major employment corridors, transit routes, and downtown Phoenix, this property combines stable current income with long-term upside. Excellent turnkey investment with small development potential.

927 S 35th Avenue, Phoenix
$603,700
6923176 MLS
Charming three-unit historic garden-style property, featuring a duplex with a detached casita built in 1936. Each spacious one-bedroom, one-bathroom unit offers in-suite laundry, updated kitchens and bathrooms, and wood and tile flooring throughout. Individually metered for electricity, the property provides tenant convenience and expense control. Located in the Garfield Historic District, just blocks from Roosevelt Row, ASU Downtown, Chase Field, and Footprint Center, residents are also surrounded by local favorites like Welcome Diner, Gallo Blanco, The Churchill, Jobot Coffee, and Pemberton PHX.

1202 E Mckinley Street, Phoenix
$675,000
6922842 MLS
Amazing investment opportunity with 5 fully rented units, each featuring its own private fenced courtyard. Tenants enjoy designated parking in the back, with additional guest parking in front, plus an on-site coin laundry that is professionally serviced and maintained. Conveniently located near the Fire Department and John C. Lincoln Hospital, this property also offers stunning North Mountain views. This income-producing property is move-in ready for its next owner and won't be on the market for long!

321 E Carol Avenue, Phoenix
$1,050,000
6922688 MLS
Six unit complex with hard to find all two bedroom unit mix (729 sf/unit). Located in a quiet residential neighborhood, just south of Northern Ave. Close to LRT, Grand Canyon U, and Christown Mall. Many owner-occupied neighbors. Jumbo 17,500 sf lot with large parking lot & courtyard. R-3 zoning & building layout on the lot allows nice potential to add units. Rents range from $1,095-$1200 (market). 6 CAP. Long-term, local owner. Value-add, though there have been many upgrades. Built in 1986 with all separate electrical metering (mid to newer HVAC units). One building with three units up/down. Separate laundry & storage in the back (not currently used). DSCR 5-8 unit loan product with 30 yr am could be a good fit. Seller intends to 1031, no seller financing. Competitive $246/sf.

2118 W Belmont Avenue, Phoenix
$825,000
6921479 MLS
This 14-unit garden-style apartment community, originally built in 1959 and 1983, offers a strong value-add opportunity through complete interior and exterior renovations. The property features a diverse unit mix consisting of four studios, nine one-bed/one-bath units, and one two-bed/one-bath unit. Currently boarded, tours are available by contacting the listing agents directly. Ideally situated near the I-17 freeway with convenient access to Loop 101 and SR-51, the property benefits from close proximity to the Metrocenter redevelopment, North Mountain Park, and a variety of popular retail and dining options including Costco and Cholla Restaurant.

1815 W Sahuaro Drive, Phoenix
$3,487,500
6921463 MLS
Tropicana Apartments is a well-positioned, mostly renovated 20-unit multifamily community in the desirable Papago submarket of Metro Phoenix. Built in 1979 on 1.31 acres, the property offers 14,960 square feet of rentable space with a mix of floor plans averaging 748 square feet. Since 2020, the property has benefited from more than $420,000 in capital improvements, including pool refinishing, upgraded landscaping, new appliances, cabinetry, countertops, entry gate enhancements, and the installation of 15 new HVAC units, among other updates.

2011 N 51st Street, Phoenix
$425,000
6921245 MLS
Centrally located triplex featuring two 1-bedroom/1-bath units and one 2-bedroom/1-bath unit. The property offers functional layout and upside potential, with an asphalt driveway leading to covered parking (one space per unit) and a separate structure that includes four individual storage areas. Current gross rents total $2,255/month, well below market, with all tenants on month-to-month leases—giving new ownership immediate flexibility. Investors can buy, renovate, and re-lease to increase cash flow. TENANT OCCUPIED....do not disturb tenants.

3020 E Yale Street, Phoenix
$649,000
5 Beds ⋅ 4 Baths ⋅ 6921067 MLS
Fully renovated triplex investment opportunity in Phoenix's 85017 Canyon Corridor. The property underwent a comprehensive refresh just over a year ago and has been meticulously maintained since. Major capital improvements include a new roof (July 2024), all new sewer lines from under-slab to city connection, and updated electrical wiring--rare peace of mind for multifamily in this vintage. Each unit offers upgraded finishes with new flooring, cabinets, windows (with 2'' faux wood blinds), stainless steel appliances, in-unit stack washer/dryer, and private fenced backyards. Two of the three AC units and all water heaters installed in 2024. The property features block wall construction with metal security gates, a shared courtyard with picnic area, and strong tenant appeal. Currently 100% occupied. Grand Canyon University (GCU) is the neighborhood's dominant demand driver. Enrollment has surged from ~118,000 in 2023 to over 125,000 in 2024, and is projected to exceed 133,000 by 2025-26. The Phoenix campus now houses ~25,000 students, with ~17,000 living in 33 residence halls. GCU's growth generates year-round rental demand, service jobs, and billions in annual economic output for the area. Ongoing Canyon Corridor revitalization through public-private partnerships improving safety, streetscape, and long-term property values. Just off I-17 with direct access to Camelback Rd and 27th Ave. Served by Valley Metro bus routes and a short ride to light rail.

2612 W Pierson Street, Phoenix
$650,000
6921007 MLS
Turnkey Duplex Investment Opportunity! Live in one unit and have the other help cover your mortgage, or add to your investment portfolio. Two spacious 2-bed, 1-bath units, each updated and well maintained. Over $100K in improvements over the past five years, including a brand-new $35K sewer line (2025), saving the next owner months of hassle and expense. Apt 2 boasts a $10K kitchen remodel (2025), new appliances, and all-new flooring. Apt 1 has updated flooring, and the roof was replaced in 2021. Both units feature private patios and updated A/C units. Prime location just south of Arcadia, offering strong rental demand and excellent long-term appreciation potential.

4819 E Cambridge Avenue, Phoenix
$479,000
1 Baths ⋅ 6920396 MLS
Welcome to this rare duplex opportunity in the highly desirable 85016 zip code. This property offers two separate units, perfect for an investor looking to add to their portfolio or an owner-occupant who wants to live in one and rent the other. Located just minutes from Biltmore Fashion Park, Camelback Corridor, Arcadia, and Sky Harbor Airport, this duplex sits in the heart of Phoenix with endless shopping, dining, and entertainment options nearby. Each unit provides comfortable living spaces with plenty of natural light, functional layouts, and private entrances. The property also offers street parking and a low-maintenance lot. With strong rental demand in the area, don't miss this chance to secure a duplex in one of Phoenix's most sought-after locations!

2449 E Fairmount Avenue, Phoenix
$499,900
6920059 MLS
Gross 10.1% CAP Rate. 3 Units, Garden-Style Property, Built in 1931 & Renovated in 2024. Unit Mix Consists of (2) 1-Bed / 1-Bath Units & (1) 2-Bed / 2-Bath Units. Each Unit Features a Fully Upgraded Interior With White Quartz Countertops, Luxury Vinyl-Plank Flooring, Subway Tile Showers, Stainless Steel Appliances, & In-Suite Washer / Dryer. Exterior Upgrades Include Brand New Stucco, New Windows & AC Units, Ample Storage Space, & Large Common Backyard Area. New roof just installed. Located in the Roosevelt Arts District, Which Provides Easy Access to Downtown Phoenix's Vibrant Cultural Scene, Dining Hotspots, & Entertainment Options.

325 N 17th Drive, Phoenix
$540,000
6919700 MLS
WOW, what a rare find in the heart of Phoenix! Incredible opportunity for investors to own The Cattywampus, a unique multi-unit property edging the vibrant Melrose District. Featuring two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, each individually metered for electric. Tenants enjoy a complimentary common laundry with potential for coin-op conversion. Retro-style bathrooms with subway tile, vintage kitchens, ceiling fans, and stylish updates create the perfect blend of charm and function. Fresh exterior paint, new A/C, and prime location make this a hot investment in one of Phoenix's most desirable neighborhoods!

1321 W Clarendon Avenue, Phoenix
$432,500
6918864 MLS
Duplex with great tenants in place, great location, No HOA and annual taxes of just $940 this year! All that equals a fantastic cash flowing rental property! Easy access to freeways, driveway with carport, covered back patio and fenced backyard with no neighbors make this easy to rent. North side was completely remodeled in 2022 including the tub and tiled shower area, new bathroom vanity, new kitchen cabinets, oven, microwave and sink. Ceiling fans throughout and new paint throughout as well. The south unit bathroom features a newly tiled floor & new walk in custom tile shower (2024). Each side has 784 square feet inside and their own laundry room off the back patio. New solar shade screens on the 4 west facing windows in September 2025. Owner/Agent. Buyer to verify facts and figures.

2811 N 17th Place, Phoenix
$1,000,000
6918779 MLS
The Roosevelt Apartments is a 7-unit multifamily community located at 1402 & 1406 E Roosevelt St. Originally constructed in 1949 and 1964, the asset sits in a high rental demand area to the east of Downtown Phoenix and near the end of Roosevelt Row. 1402 &1406 E Roosevelt features a favorable mix of one- and two-bedroom units that have been well-maintained and updated throughout the 20 years of current ownership. Additionally, the property sits across two separate parcels, allowing for flexible financing or the opportunity to sell them as an individual triplex and fourplex in the future. This is a unique opportunity to acquire a value-add asset in a centralized, high growth location with both immediate income potential and long-term upside.

1406 E Roosevelt Street, Phoenix
$480,000
6918672 MLS
Brand new duplex by GardnerDavila Development. Both units have 2 bedrooms and 1 bath, inside laundry and all appliances included. Tile throughout and dark cabinets for easy maintenance of this brand new rental. Both units have spray foam insulation, energy efficient windows and very high rated envelope and duct tests for maximum energy efficiency. Don't miss this investment opportunity.

1217 S 9th Avenue Unit 1 & 2, Phoenix
$11,600,000
6917400 MLS
8 brand new high end condos in the coveted Arcadia area known for great office, retail and restaurants. All 3 bed 3 bath 2 car garage Average about 2500 sq ft. Currently renting out for $5000/month-7000/month. Each unit has it's own private elevator.

4525 N 40th Street, Phoenix
$620,000
6915148 MLS
LOCATION, LOCATION, LOCATION! Secluded and private at the end of cul-de-sac yet walking distance to some of the best amenities Phoenix has to offer: the green belt parks, restaurants, and shopping. Minutes from the airport and freeway. Beautiful property with endless opportunities. You can rent both apartments for great cash flow or live in one and rent the other. You could also convert to single family home. Completely remodeled in 2021 and 2022, including quartz countertops, new baseboards, interior and exterior paint, and flooring for both units. New cabinets in unit 1. New low maintenance landscaping. 2 car attached garage to unit 2. Single car garage detached for Unit 1. Unit 1 pays 1400/month and unit 2 pays 1850/month. Unit 1 is 720sqft, unit 2 is 1190sqft. Property is listed by

4847 E Cambridge Avenue, Phoenix
$3,200,000
6914357 MLS
Advantageously positioned just north of the Central Avenue and Camelback Road intersection, hidden within one of Central Phoenix's affluent residential areas is a 13-unit apartment community, Medlock Place (''the property''). Conveniently located in the heart of the historic uptown submarket, its nearby proximity to one of The Valley's major transportation arteries, State Route 51, affords residents direct access and simple passage to nearly any destination across The Valley. Positioned minutes from a long-standing landmark of Phoenix, Uptown Plaza blends mid-century modern charm with the high-rises that line both sides of Central Avenue. Anchoring the gateway to North Central Phoenix's historic core, Medlock Place presents outstanding walkable access to a mix of the best local and national retailers and restaurants including The Henry, Chula Seafood, Shake Shack, AJ's, and West Elm. Recognized by its sprawling residential estates and scarcity of developable land, Uptown Phoenix offers a highly coveted neighborhood atmosphere, boasting an average single family home sale price of ±1,189,390 (last 90 days). In addition, Medlock Place benefits from long-term profitability of location due to Uptown Phoenix's high barriers to submarket entry. Built in 1959 and fully renovated in 2020, Medlock Place is comprised of 10 two-bedroom floorplans (77%), 2 studio floorplans (15%), and 1 one-bedroom floorplan (8%) floorplans covering an average of ±773 square feet. All 13 units have been renovated with interior upgrades including new appliances, countertops, cabinets, flooring, fixtures, hardware and individual washer/dryers.

37 W Medlock Drive, Phoenix
$665,000
6914316 MLS
Turnkey multi-family gem in Midtown Phoenix! This unique property offers two fully remodeled 2BD/1BA homes on one lot, perfect for investors seeking strong returns, flexible short or long-term rental options, or a savvy house hacker looking to offset their mortgage. Recent big-ticket upgrades include a complete interior rehab with new paint, floors, kitchens, and baths, plus a new sewer line, roof, electrical panel, AC blower, and condenser fan motor. Each home is fully functional with its own laundry, backyard, and parking. The front home features vintage 1947 charm with cove ceilings, while the rear has a spacious mid-century layout. Proven rental income history and option to purchase fully-furnished make this an unbeatable opportunity to own an income-producing investment from day 1!

4640 N 11th Place, Phoenix
$815,000
6911002 MLS
Turnkey Cash-Flowing Fourplex in Prime Phoenix Location! Fully leased and grossing over $6,500/month (not including RUBs). Excellent unit mix: (1) 3 bed / 2 bath + (3) 2 bed / 1 bath units. All units are garden-style with private garage parking—rare for the area. Well-maintained interiors and desirable layouts ensure low vacancy and strong tenant demand. Upside potential with RUBs and future rent increases. Ideal for investors seeking strong in-place cash flow with room to grow. This is arguably the best fourplex available in Phoenix today—don't miss it!

8108 N 33rd Drive, Phoenix
$955,000
6910991 MLS
Recently rezoned R3. Down the street from top Madison Schools, Town & Country, and Biltmore Fashion Park, 51 Freeway. Downtown Phoenix is only minutes away. Current set-up is 3 bedrooms, 3 bathrooms, private entrances to each space. An additional 1 bedroom, 1 ba detached guest house. Opportunity to build multi-family units, to rent or single family dwellings. Buyer to verify all facts deemed pertinent to buyer.

1306 E Campbell Avenue, Phoenix
$649,900
6910698 MLS
Discover an exceptional investment opportunity at 1330 W Fillmore St, a fully renovated 4-unit garden-style property located in the rapidly improving Oakland Historic District. Originally built in 1959 & 1983, the property is comprised of (2) 1-Bedroom / 1-Bath Units and (2) 2-Bedroom / 1-Bath Units. In 2023, the entire community underwent a complete interior and exterior renovation including new flooring, cabinetry, appliances, countertops, doors, windows, paint, and more. Each unit also comes with its own in-unit washer & dryer, providing a highly desirable feature for tenants. The property is set within a gated community with an on-site parking area that was recently resurfaced, offering both convenience and security. Tenants enjoy sweeping city views and unbeatable access to Downtown Phoenix, the Grand Avenue Arts District, light rail, and major public transportation routes. Surrounded by countless dining, shopping, and entertainment options, 1330 W Fillmore St is ideally positioned for strong tenant demand and long-term growth.

1330 W Fillmore Street, Phoenix
$983,000
6908488 MLS
4332 N 27th St is a 5-unit multifamily community located in the Biltmore Submarket. Originally constructed in 1943 & later built in 1964, the asset sits in a high rental demand area within walking distance to Biltmore Fashion Park, and within close proximity to Downtown Phoenix. 4332 N 27th St features a unit mix of (4) two-bedroom, one-bathroom units and (1) three-bedroom, one-bathroom unit that have been well-maintained and updated throughout ownership.

4332 N 27th Street, Phoenix
$762,000
6907593 MLS
Brand new duplex build. Both units are 3 bedroom and 2.5 bathrooms with a 2 car garage for each unit. There is a small fenced yard in the back of each unit. Rents for each unit in the area are $2,400 each unit so you can rent both units for a nice cashflow or you can rent one and live in the other. These homes feature open floor plans with walk out decks, epoxy garage floors, quartz counter tops, stainless steel appliances and so much more. These are the same across the street the builder built as this one is being completed now along with 2 other duplexes, all 3 will be for sale.

2551 E Broadway Road Unit A, Phoenix
$749,000
6905172 MLS
Recently built duplex located in Historic Downtown Phoenix! TOTAL LIVABLE SQAURE FOOTAGE 3030 SQ FT. EACH UNIT IS 1515 SQ FT. which include 3 bedrooms, 2.5 bathrooms, a spacious open floor plan and large master suite. Kitchen has all the upgrades a tenant would ever want with beautiful quartz countertops, a large island, stainless steel appliances, and all white cabinets. In Unit Washers & Dryers included. 1 car detached garage for EACH unit and shared private yard. Central location provides access to all downtown amenities and light rail. Left Unit active lease. RIGHT UNIT VACANT.

116 N 11th Avenue Unit 1 & 2, Phoenix
$600,000
6904992 MLS
Brand new duplex built by GardnerDavila Development. Both units have 3 beds and 2 baths, personal RV gates, large laundry rooms, tile throughout, spray in foam insulation and upgraded finishes. All appliances are included for this turn key rental. Property is located in a designated opportunity zone for extra tax savings. Completed August 2025.

1724 S 1st Street Unit 1 & 2, Phoenix
$1,000,000
6904880 MLS
3601 W Melvin St is an 11-unit multifamily property located in the Estrella submarket of Phoenix, Arizona. Built in 1946, the asset consists of a gated community with a unit mix of (1) 2-bedroom and (10)1-bedroom apartments, averaging 453 square feet per unit and totaling approximately 4,980 square feet of rentable area. Strategically located just minutes from Downtown Phoenix, Sky Harbor Airport, and key employment hubs, this offering benefits from strong rental demand driven by workforce housing needs. With below-market rents, the property offers immediate upside through interior renovations and operational improvements. This asset is an ideal opportunity for investors seeking a low-basis, value-add multifamily opportunity in one of the fastest-growing metropolitan areas of the U.S.

3601 W Melvin Street, Phoenix
$345,000
6904523 MLS
Excellent investment opportunity in central Phoenix! This property includes a fully remodeled front duplex, each unit offering 1 bed and 1 bath, currently rented at $1200/month with tenants covering all utilities. Renovations include new plumbing, updated electrical with new panels, fresh paint, and new flooring—making both units turnkey. In the rear sits a detached 2-bed, 1-bath single-family home in need of extensive renovation, offering strong value-add potential for additional rental income or redevelopment. The property is being sold as-is. Buyer to verify all facts and figures. With income in place and upside potential, this is a great opportunity for investors seeking both stability and growth.

2801 W Garfield Street, Phoenix
$950,000
6904236 MLS
3-unit multifamily opportunity located in one of the most desirable neighborhoods of Phoenix. Originally built in 1960, this asset features (3) large 2-bedroom, 2-bathroom units measuring approximately 936 sq. ft. each with private patios. 2 of the 3 units are currently occupied at an average rent of $1,770 per unit. The 3rd unit is a fully furnished, remodeled, and vacant unit with both a front and back patio and makes a great short term rental prospect. The property also features on-site laundry, covered parking, and a detached 400 sq. ft. storage/workshop building that could potentially be converted to a studio unit. 6221 N 13th Pl presents a unique opportunity with considerable upside potential. Seller financing offers will be considered.

6221 N 13th Place, Phoenix
$700,000
6901878 MLS
(3) 1 BEDDROOM/1 BATH UNITS AND (1) 2 BEDROOM/1 BATH UNIT IS SEMI DETACHED FROM 1 BEDROOM UNITS ACROSS BREEZEWAY WITH LARGE FENCED YARD*2 BEDROOM UNIT HAS BEEN REMODELED WITHPLANK STYLE TILE FLOORING, KITCHEN CABINETS,, GRANITE COUNTER TOPS* HAS A BEEHIVE FIREPLACE**1 BEDROOM UNITS HAVE LAMINATE FLOORING, TILE COUNTER TOPS, TILE FLOORING IN KITCHEN AND BATHS, SMALL INDIVIDUAL FENCED BACK PATIOS*STORAGE/WORKSHOP FOR OWNER*COIN OPERATED WASHER/DRYER IN LAUNDRY ROOM WITH EXTRA CLOSET SIZED STORAGE FOR EACH UNIT* 4 COVERED PARKING SPACES* OWNER/AGENT

3518 E Montecito Avenue, Phoenix