Phoenix Homes with On Street Parking Features

Phoenix Homes with On Street Parking Features

Welcome to Phoenix, Arizona – a vibrant city that beautifully blends urban sophistication with the stunning landscapes of the Sonoran Desert. As the fifth-largest city in the United States and the heart of Maricopa County, Phoenix is renowned for its year-round sunshine, diverse culture, and a plethora of outdoor activities. With a thriving economy, excellent schools, and a lively arts scene, it’s no wonder that Phoenix has become a sought-after destination for homebuyers from all walks of life.

One of the appealing features of many homes in this dynamic city is the availability of on-street parking. In neighborhoods throughout Phoenix, residents enjoy the convenience and accessibility that on-street parking provides. Whether you are hosting friends for a weekend barbecue or simply returning home after a long day, having ample parking options can significantly enhance your living experience.

Explore charming neighborhoods like Arcadia, where tree-lined streets and beautiful homes create a welcoming atmosphere. Or venture into the historic districts, where on-street parking complements the character of the area, making it easy to enjoy local shops and restaurants.

With a range of properties available, from modern condos to spacious family homes, you will find the perfect fit for your lifestyle in Phoenix. Experience the best of desert living while enjoying the convenience of on-street parking – a feature that adds both practicality and charm to your new home. Come discover why Phoenix is not just a place to live, but a place to thrive!

Newest Phoenix Homes with On Street Parking Features

$699,000
4 Beds 4 Baths 7074894 MLS
NEW FLOORING | NEW WINDOWS | REMODELED BATHROOMS | FRESH INTERIOR & EXTERIOR PAINT | GARFIELD HISTORIC DISTRICT | 3 UNITS | 2 RENTED AT MARKET RATE | HOUSE HACK OPPORTUNITY A rare opportunity in the heart of the Garfield Historic District, this three-unit property offers flexibility for both investors and owner-occupants. The main 2-bedroom, 2-bath residence is currently vacant and features new flooring, new windows, remodeled bathrooms, and fresh interior and exterior paint. Two additional casita units are currently rented at market rate, providing immediate income from day one. For an owner-occupant, this setup creates an ideal house hack opportunity. Live in the main home while collecting rent from the two existing units to help offset the monthly mortgage payment. 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

$1,625,000
10 Beds 8 Baths 7061722 MLS
8939 N 8th Street offers investors the opportunity to acquire a fully leased, eight-unit multifamily property operating under a five-year Absolute NNN master lease with an established tenant. The lease provides predictable income, annual rent increases and minimal landlord responsibilities. The tenant has demonstrated exceptional reliability by consistently paying rent on time, carefully maintaining the property and investing its own funds into exterior painting and landscaping. These tenant-funded improvements have further enhanced the property's curb appeal and long-term value. Financial Highlights Asking Price: $1,625,000 Actual Year 2 Cap Rate: 7.83% Year 2 Base Rent: $10,600 per month Annual Base Rent: $127,200 Annual Tax and Insurance Reimbursements: $12,577.32 Total Annual Lease Payment: $139,777.32 Scheduled Annual Base-Rent Increase: $1,200 Price Per Unit: $203,125 September 1, 2026 payment received Lease Highlights Five-year Absolute NNN master lease Initial lease term: September 1, 2025 through August 31, 2030 Approximately four years remain on the initial lease term Base rent increases by $100 per month at the beginning of each remaining lease year Two additional five-year renewal options Personal guarantee First right of refusal Tenant responsible for property taxes, insurance, utilities, maintenance and day-to-day property operations Property Details The property contains eight residential units consisting of: Six one-bedroom/one-bathroom units Two two-bedroom/one-bathroom units On-site laundry room Three separate storage rooms Appliances in every unit Gated access and privacy wall Attractive paver patio with television and electrical outlets Approximately 4,461 square feet of building area The former office has been converted into the eighth residential unit, creating a complete eight-unit residential configuration with no remaining office space. Renovations and Improvements The property underwent extensive interior renovations in 2024, including improvements to the apartment interiors and bathrooms. Additional property improvements include: Exterior painting completed by the tenant Landscaping improvements completed by the tenant Updated apartment interiors Renovated bathrooms Security gate Privacy wall Paver patio Updated mailboxes Well-maintained common areas Investment Opportunity This offering combines an Absolute NNN lease, an actual 7.83% Year 2 cap rate, contractual rent growth and a tenant that actively reinvests in the property. A recent appraisal supports the asking price, providing additional documentation for prospective investors.

8939 N 8th Street, Phoenix

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