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1507 W Tonto Street, Phoenix
$530,000
5 Beds ⋅ 3 Baths ⋅ 7098734 MLS
This Central City triplex delivers IMMEDIATE INCOME with $4000+ in gross monthly rent already locked in. Three SEPARATELY METERED units--two in the front building, one standalone in back, all currently leased. This property checks all the boxes: immediate income, low management overhead, and clear upside. Central City location means solid tenant demand and easy access to downtown Phoenix. True hands-off operation with SEPARATE ENTRANCES for each unit, private outdoor space, requiring minimal active management and maintaining strong tenant satisfaction. Whether you're a first-time house hacker seeking to reduce your housing costs or an experienced investor building a multifamily portfolio, this three-unit property offers flexibility, immediate income, and growth potential in a stable rental market. Hurry! This won't last. DRIVE-BY ONLY--do not disturb tenants. Walkthroughs by accepted offer only. Buyer to verify all information.

1507 W Tonto Street, Phoenix

1434 S 11th Avenue, Phoenix
$845,000
8 Beds ⋅ 14 Baths ⋅ 7098319 MLS
WHY START FROM SCRATCH WHEN YOUR INVESTMENT CAN START WORKING FOR YOU FROM DAY ONE? Here's your opportunity to own a beautiful, nearly new duplex in the heart of Phoenix, with an established tenant already leasing BOTH units under a 3-YEAR LEASE AGREEMENT! Built in 2024, this income-producing property offers 3,334 total sq. ft., featuring TWO spacious 4-bedroom, 3.5-bath residences, each with dual primary suites, modern finishes, quartz countertops, stainless steel appliances, two laundry areas, and a 2-car garage. EV charging adds another modern convenience! Minutes from Downtown Phoenix, major employment centers, entertainment, and freeways. YEAR-END INVESTORS, TAKE NOTICE! Secure an income-producing asset with potential depreciation and tax advantages. Why wait to build your portfolio?

1434 S 11th Avenue, Phoenix

2115 E Barkwood Road Unit 23, Phoenix
$499,900
7097868 MLS
Premium Hillside Lot in The Sanctuary. A rare chance remains to claim one of the final hillside lots in The Sanctuary, an exclusive gated enclave where homes rise above the million-dollar mark. This ¾ acre homesite sits at the end of a serene cul de sac, perfectly oriented to capture panoramic views of South Mountain and the Ahwatukee Foothills. The value of this location speaks for itself, million dollars homes throughout, reinforcing the prestige and demand within this community. With architects, a trusted builder, and financing options already lined up, the path to creating your custom luxury residence is already set in motion. Opportunities like this are nearly gone in one of Phoenix's most coveted hillside neighborhoods.

2115 E Barkwood Road Unit 23, Phoenix

5038 N 18th Avenue, Phoenix
$570,000
9 Beds ⋅ 3 Baths ⋅ 7090472 MLS
Three-unit investment offered at $570,000 near Valley Metro Rail at 19th Avenue and Camelback. A main house and duplex total approximately 2,276 SF, configured as three 3BR/1BA units with nine furnished rentable rooms for PadSplit-style operations. Seller reports more than $120,000 in prior improvements, including kitchens, baths, flooring, windows, plumbing, electrical and lighting. Features include separate entrances, coded access and full-size laundry. Seller's October 7 rent report lists five occupied rooms at $805 per month each, totaling $4,025 in scheduled monthly rent; current occupancy and collections require verification. Seller reports missing front-house HVAC; installation has not been confirmed. Property and furnishings convey as-is. Buyer to verify all facts, income, expenses Three-unit investment offered at $570,000 near Valley Metro Rail at 19th Avenue and Camelback. A main house and duplex total approximately 2,276 SF, configured as three 3BR/1BA units with nine furnished rentable rooms for PadSplit-style operations. Seller reports more than $120,000 in prior improvements, including kitchens, baths, flooring, windows, plumbing, electrical and lighting. Features include separate entrances, coded access and full-size laundry. Seller's October 7 rent report lists five occupied rooms at $805 per month each, totaling $4,025 in scheduled monthly rent; current occupancy and collections require verification. Seller reports missing front-house HVAC; installation has not been confirmed. Property and furnishings convey as-is. Buyer to verify all facts, income, expenses, condition, legal unit/room configuration, permits, zoning and PadSplit requirements. See supplements for additional information.

5038 N 18th Avenue, Phoenix

1515 W Tonto Street, Phoenix
$619,000
7087258 MLS
Fully renovated and fully furnished, this turnkey 3-unit short-term rental in Downtown Phoenix offers strong, documented cash flow and an impressive 4.8+ star Airbnb rating. The asset generated $119,442 in gross revenue in 2024 and $103,198 in 2025, with a two-year average revenue of approximately $111,320, producing operating income of $62,272 in 2024 and $53,719 in 2025, for a two-year average NOI of roughly $57,996--reflecting strong operating margins of about 52%. This is a stabilized, high-margin hospitality investment ideal for investors seeking immediate cash flow, experienced short-term rental operators expanding their portfolio, or buyers looking for a prime-location income property in one of Arizona's fastest-growing urban markets. The property located in a high-demand area of Downtown Phoenix, minutes to Chase Field, the Convention Center, ASU Downtown, Roosevelt Row, Van Buren. The property features one 2-bed/1-bath unit, one 1-bed/1-bath unit, and a private studio--each with its own kitchen, full bath, and separate entrance - providing three independent income streams under one roof. A separate laundry room and storage shed support efficient operations for guests and cleaning staff, while the fenced common courtyard with grill, fire pit, lounge seating, and hammock enhances guest experience and occupancy appeal.

1515 W Tonto Street, Phoenix

322 N 11th Place, Phoenix
$745,000
7086654 MLS
RENOVATED 4 UNITS Short-Term Rental in PRIME Phoenix LOCATION on R-5 zoning. Cap rate 10.6%. 2026 average occupancy rate 72%, Airbnb rating 4.85 out of 5! Comes with confirmed future bookings totaling over $6,000 through Nov 1, 2026 and the established hosting accounts on main short term rentals platforms!!! UNITS: One 2 BD-1BA and Three Studios. Every unit has its OWN kitchen, bathroom and a separate PRIVATE ACCESS. 2 BD unit has it's own Laundry with washer and dryer. The backyard is a common space for all guests with a Grill, Fire pit, Hammock and a separate Laundry shed. Cleaning and maintenance crews use another outside shed for supplies. Each unit uniquely renovated and staged, designed to appeal to a broad range of tenants-perfect for maximizing occupancy & income! The property located in a high-demand area of Downtown Phoenix, minutes to Chase Field, the Convention Center, ASU Downtown, Roosevelt Row, Van Buren.

322 N 11th Place, Phoenix

8927 N 10th Street, Phoenix
$1,400,000
8 Beds ⋅ 8 Baths ⋅ 7086346 MLS
NEW CONSTRUCTION FOURPLEX | 8927 N 10TH STREET This newly constructed fourplex features four modern two-bedroom, two-bathroom residences, approximately 850 square feet each. Contemporary finishes include quartz countertops, new cabinetry, dual-pane windows, and stainless-steel appliances, including a microwave and dishwasher in each unit. Each residence also has its own stackable washer and dryer. The property includes a new asphalt parking lot and manicured desert landscaping. Construction is nearing completion, and the Certificate of Occupancy is pending and expected within approximately 30 days. Information is believed reliable but is not guaranteed. Buyer must independently verify all property information, including condition, dimensions, zoning, permitted uses, plans, approvals. Introducing a newly constructed fourplex at 8927 N 10th Street in Phoenix. Each modern unit offers approximately 850 square feet with 2 bedrooms and 2 bathrooms. All four units are projected to rent for $2,000 per month each. The units feature quartz countertops, installed cabinetry, dual-pane windows, stainless steel appliances--including a microwave and dishwasher--and a new stackable washer and dryer in each unit. Each unit is individually metered for electricity. Water, sewer, and trash are master-metered. The property also offers a new asphalt parking lot and manicured desert landscaping. Conveniently located near SR-51, HonorHealth John C. Lincoln Medical Center, and area employment, shopping, and services. The Certificate of Occupancy is pending and is expected within approximately 30 days. Financial projections: Projected gross rent is $96,000 annually. Based on the provided expense estimates, projected NOI is $79,120, or an estimated 5.65% cap rate. Projected property taxes are $2,900 annually following reassessment; actual taxes may differ. The cap rate excludes vacancy and expenses not listed. All rents, income, expenses, taxes, and cap rate are estimates and are not guaranteed. The Certificate of Occupancy is pending. Buyer should independently verify all property details, financial information, taxes, permits, zoning, and other material facts. Information is deemed reliable but not guaranteed. Situated in Phoenix's established Sunnyslope neighborhood, the area surrounding 8927 N 10th Street combines convenient access to employment, everyday services, neighborhood dining, and desert recreation. Its North Central Phoenix setting places residents near the 7th Street and Dunlap Avenue corridors, with connections to State Route 51, Interstate 17, Downtown Phoenix, and the Camelback Corridor. HonorHealth John C. Lincoln Medical Center is a significant nearby healthcare and employment anchor. Located on East Dunlap Avenue, the hospital provides emergency care, surgical services, specialty treatment, and outpatient services. The surrounding medical offices and healthcare practices add employment opportunities across clinical, administrative, and support positions. The broader North Central Phoenix employment base also includes Blue Cross Blue Shield of Arizona, along with retail, banking, and professional-service businesses. Daily necessities are conveniently located within the surrounding neighborhood. Fry's Food Stores on East Hatcher Road offers groceries, pharmacy services, and a nearby fuel center, while Wells Fargo at 7th Street and Dunlap provides banking services. Local dining includes Little Miss BBQ's Sunnyslope location on North 7th Street, part of the acclaimed Phoenix barbecue business recognized by Phoenix New Times for its standout barbecue. These established businesses contribute both convenience and neighborhood character. Recreation is another appealing feature of the location. Sunnyslope Park and Community Center offer neighborhood gathering spaces, fitness facilities, sports, and organized activities. The nearby North Mountain area and Phoenix Mountains Preserve provide desert scenery and hiking opportunities, bringing outdoor recreation within reach of an established urban neighborhood. Transportation options extend beyond the surrounding road network. The Sunnyslope Transit Center on North 3rd Street provides a nearby public-transit resource, complementing bus service along the area's principal corridors. This combination gives residents options for reaching employment, shopping, and services throughout Phoenix. For multifamily investors, the location offers a practical combination of nearby employment, established services, transportation choices, and recreational amenities. These characteristics can appeal to renters who value everyday convenience and access to central Phoenix destinations, providing a clear location-based rationale when evaluating the area's long-term rental potential.

8927 N 10th Street, Phoenix

1538 W Mckinley Street, Phoenix
$624,900
4 Beds ⋅ 3 Baths ⋅ 7081271 MLS
Turnkey triplex opportunity near the Roosevelt Arts District! This updated multifamily property offers an attractive combination of modern interiors, private outdoor space and features designed for strong tenant appeal. Currently generating $3,700/month in gross rents. The property consists of three individually accessed residences, including a 2-bedroom/1-bath unit and two 1-bedroom/1-bath units. Interiors have been extensively updated with wood-look tile flooring, white shaker cabinetry, quartz countertops, stainless-steel appliances and beautifully finished walk-in tile showers. Each residence also offers the convenience of an IN UNIT WASHER / DRYER and dishwasher features that help set these units apart from many competing rentals. Outside, residents enjoy private fenced yard/patio areas, low-maintenance desert landscaping and off-street parking, including two covered parking spaces at the rear. Two of the three units received newer HVAC systems as part of the prior renovation. With three separate residences, updated finishes and a central Phoenix location near Downtown, Roosevelt Row and major employment, dining and entertainment destinations, this property offers an excellent opportunity for an investor looking to add a renovated multifamily asset to their portfolio.

1538 W Mckinley Street, Phoenix

1319 W Vogel Avenue, Phoenix
$709,000
8 Beds ⋅ 4 Baths ⋅ 7080969 MLS
This fourplex consists of all 2 bed / 1 bath units and is located in the robust heart of North Phoenix. The property is fully occupied and stabilized. Additional income could be easily added by simply installing coin operating equipment in the building behind which is already setup as an onsite laundry. Just a few of the area amenities include: North Mountain Park which offers expansive desert hiking trails & scenic views; Sunny Slope Park & Pool which also includes sports courts & picnic areas; and the AZ Canal Path which consists of long trails for walking, running & cycling. Nearby employers include HonorHealth John C. Lincoln Medical Center, the Glendale Union High School District and numerous local retail & small businesses. Buyer to verify all facts & figures.

1319 W Vogel Avenue, Phoenix

1001 N 9th Street, Phoenix
$1,225,000
8 Beds ⋅ 8 Baths ⋅ 7078296 MLS
Prime downtown Phoenix multifamily opportunity just steps from the vibrant Roosevelt Row Arts District. This property offers unbeatable walkability to restaurants, local boutiques, art galleries, sports venues, and major employment centers, making it a highly desirable location for renters seeking convenience and culture. * Low-maintenance units consisting of efficient studio's and 1-bedroom floor plans*Turnkey investment with rents already at market rate*Seller-managed, demonstrating strong pride of ownership*Ideal for investors seeking stable cash flow and minimal operational complexity* Located in one of Phoenix's most dynamic and walkable urban corridors. All facts and figures approximate, buyer to verify to their own satisfaction.

1001 N 9th Street, Phoenix

4142 N 10th Street, Phoenix
$2,099,000
12 Beds ⋅ 11 Baths ⋅ 7074851 MLS
Welcome to The Chesterfield! Fully remodeled and separately metered, this 11-unit apartment complex in Central Phoenix offers a rare combination of flexibility, design, and cash flow potential. Each unit has been tastefully updated with modern finishes, new flooring, and contemporary kitchens and baths. All units can include appliances, furnishings, and assigned parking,ready for immediate operation. Currently run as a successful short term operation, this property is also perfectly positioned for midterm rentals catering to travel nurses, medical professionals, and corporate clients. Located within minutes of Banner University Medical Center, St. Joseph's Hospital, Phoenix Children's Hospital, and the VA Medical Center, this area experiences consistent demand for fully furnished stays. Highlights: -11 fully remodeled units - all separately metered for gas & electric -Can be sold fully furnished with appliances included -Dedicated parking -Walking distance to major hospitals and transit routes -Excellent opportunity for Airbnb, midterm, or long-term leasing strategies -Proven income performance in one of Phoenix's strongest rental corridors This is a plug-and-play investment in a thriving, high-demand location, ideal for the investor looking to scale in one of the Valley's most stable and profitable rental markets.

4142 N 10th Street, Phoenix

1513 W Taylor Street Unit A and B, Phoenix
$349,900
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

8939 N 8th Street, Phoenix
$1,550,000
10 Beds ⋅ 8 Baths ⋅ 7061722 MLS
Eight-unit Phoenix multifamily investment under one Absolute NNN master lease. Offered at $1,625,000 with current Year-2 base rent and NOI of $127,200, a 8.21% cap rate. Six 1BR and two 2BR units across three buildings. Tenant pays taxes, insurance, utilities and operating expenses. Lease runs through 8/31/2030 with $100 monthly base-rent increases at each remaining lease-year anniversary, two five-year options, a personal guarantee and first right of refusal. Interior renovations, gated courtyard, on-site laundry and three storage rooms enhance the property. No seller financing. Do not disturb tenants. Buyer to verify all information. Acquire eight residences supported by a single Absolute NNN master lease in Phoenix's Sunnyslope/North Mountain area. The property includes six one-bedroom/one-bath units and two two-bedroom/one-bath units in three one-story buildings. Reported building area is approximately 4,461 SF on approximately 14,257 SF of land. The initial lease began September 1, 2025 and expires August 31, 2030. Current Year-2 base rent, effective September 1, 2026, is $10,600 monthly or $127,200 annually. Annual NNN reimbursements total $12,577.32, comprising $4,040.40 for taxes and $8,536.92 for insurance. Total annual rent plus reimbursements is $139,777.32. Matching reimbursed expenses are $12,577.32, leaving $127,200 NOI and a 8.21% cap rate at the $1,550,000 asking price. These are annualized current lease-year figures. Monthly base rent increases to $10,700 on September 1, 2027, $10,800 on September 1, 2028 and $10,900 on September 1, 2029. Year-5 annual base rent is $130,800. cap rate at the current asking price under the stated NNN structure. Two five-year renewal options, a personal guarantee and a first right of refusal are reported. Renewal options are not exercised lease terms. Features include extensive 2024 interior renovations, tenant-funded exterior paint and landscaping, gated access, a privacy wall, paver courtyard, an on-site laundry room and three storage rooms. Nearby services include healthcare, public transportation, shopping and North Mountain recreation. Seller financing is not available. Please do not disturb residents. 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.

8939 N 8th Street, Phoenix

1714 W Hadley Street Unit 21, Phoenix
$143,000
7058312 MLS
This prime vacant lot presents an exceptional investment and development opportunity in a highly desirable downtown location. Zoned R-4, the property offers outstanding flexibility for a variety of residential projects, including single-family homes, townhomes, duplexes, and multi-family developments (subject to city approval). With its central location providing convenient access to shopping, dining, entertainment, schools, and major transportation routes, this parcel is perfectly positioned to meet the growing demand for housing in the area. Whether you're a builder, developer, or investor seeking your next project, this property offers tremendous potential and value. Competitively priced to sell--don't miss this rare opportunity to secure a versatile development site in the heart of downtown.

1714 W Hadley Street Unit 21, Phoenix

Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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