Refine Search
Sort by
$2,875,000
12 Beds 12 Baths 7007952 MLS
314 West Roosevelt Street is a 12-unit apartment community on a rare half-acre double lot that offers expansion potential under DTC-S-ROO zoning. Situated in the heart of Roosevelt Row and located within Phoenix's first-ever historic district, this is one of the earliest apartment buildings in Phoenix. Built in 1913 and fully modernized in the mid-1990s (all new; plumbing/sewer, electrical, roof trusses & structural improvements) full blueprints are available. The property features (12) 1-Bed / 1-Bath units (~650 SF Avg), on-site laundry, ample parking, and a community terrace. Residents are sure to appreciate being in Downtown Phoenix's premier arts, dining, and culture corridor. The property provides immediate access to the light-rail & I-10. Drive By Only, Do Not Disturb Tenants!

314 W Roosevelt Street, Phoenix

$850,000
4 Beds 4 Baths 7003581 MLS
Fantastic investment opportunity in a gorgeous historic neighborhood near the Arizona State Capitol in the heart of Central Phoenix. This well-maintained fourplex features 4 beautifully remodeled efficiency units, consistently in demand with both short- and long-term tenants. Each fully furnished unit offers a private kitchenette w/ stainless steel gas range, refrigerator, & microwave, along with a well-appointed bathroom w/ shower. Windows in the property were replaced approximately 4 years ago. Property includes an inviting front porch and a detached one-car garage with water plumbing, offering potential for conversion into a fifth rental unit. Ideally situated on a peaceful, tree-lined street close to dining, shopping, sports venues, and entertainment. Buyer to verify all information.

1317 W Monroe Street, Phoenix

$1,895,000
13 Beds 8 Baths 6997176 MLS
1017 -1031 E Fairmount is an 8-unit apartment community located in the highly desirable Midtown Phoenix submarket. Built in 1966, The unit mix consists of (3) 1x1 units, (3) 2x1 units, and (2) 2x1.5 units, with an average rent of $1,528. 6 of the 8 units have been fully renovated with thoughtful, durable improvements including luxury vinyl plank flooring, quartz countertops, workstation-style extra-wide sinks, mini range hoods, updated light fixtures, and refreshed bathrooms featuring new tubs, tile backsplash, and modern vanities. All units offering in-suite washer/dryer or dedicated W/D access. The property also features large private front and backyards, 3 private garages, 2 covered carport spaces, and lush landscaping. 6.03% cap rate on current financials.

1021 E Fairmount Avenue, Phoenix

$665,000
6 Beds 4 Baths 6996611 MLS
This offering includes a single-family home and a triplex in a prime infill location directly adjacent to Downtown Phoenix. It provides stable in-place income with upside through renovation and rent growth. Recent capital improvements include new electrical meters, new gas lines, and upgraded water lines throughout portions of the property. Additional upgrades include a new roof on the single-family home (2023), PEX lines, dual pane windows, mini-split AC systems installed in 2025, and a roof recoating on the triplex completed in 2025. The adjacent property at 718 W Fillmore is available as well. That property includes 2 fully renovated multifamily units. The properties may be acquired together or separately, providing investors flexibility to tailor the acquisition to their strategy.

712 W Fillmore Street, Phoenix

$1,385,000
10 Beds 100 Baths 6989939 MLS
East Taylor is a 10-unit, garden-style multifamily community located in the urban core of Phoenix. Built in 1943, the property consists entirely of one-bedroom/one-bath units with durable tile or vinyl flooring and has benefited from ongoing capital improvements. The asset offers clear value-add potential through interior modernization, addition of private yard spaces, and covered parking to support rent growth. Amenities include gated access, on-site laundry, and off-street parking. Positioned near Phoenix Sky Harbor International Airport, Valley Metro Rail, and Valleywise Health Medical Center, the property benefits from strong workforce housing demand. Located within a designated Opportunity Zone, it presents both income growth and long-term tax advantages.

2238 E Taylor Street, Phoenix

$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

$1,650,000
12 Beds 32 Baths 6972550 MLS
Ideally positioned just east of Central Phoenix's largest major employment corridor, Villa at Melrose (''the property'') is an 8-unit multifamily community located north of Indian School Road on 11th Avenue. The property sits within the desirable Midtown submarket, surrounded by the growing lifestyle opportunities the immediate area offers. The Property's 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. Anchoring the gateway to North Central Phoenix's historic core, Villa at Melrose presents outstanding walkable access to a mix of the best local and national retailers and restaurants including Sprouts, Natural Grocers, Valentine, Clever Koi, AJ's, and West Elm. Ample employment opportunities are found through the nearby Innovation Employment Corridor, Arizona's economic driving force, boasting more than ±171,000 total professionals dispersed across its Midtown and Downtown Phoenix setting occupying a diverse range of industries from business services and finance to healthcare, education, and government services. Completed in 1958, and fully renovated in 2023, Villa at Melrose is comprised of 4 one-bedroom (50%) and 4 two-bedroom (50%) floorplans, offering an average of ±675 square feet per unit. All units have been fully renovated with new countertops, cabinets, stainless steel appliances, upgraded electrical panels and in-unit washer/dryers (select units). In addition, the entire community exterior and common area has been upgraded including new landscaping, exterior paint, common area, and roof. Future ownership will have the opportunity to receive enhanced operational performance and desirability resulting from the property's centralized location with immediate access to desirable amenities such as schools, retail and major employment corridors.

4119 N 11th Avenue, Phoenix

$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

$4,995,000
30 Beds 24 Baths 6967933 MLS
Campo Bello Apartments is a newly constructed (2022), Class A 12-unit multifamily community located in the highly desirable North Phoenix submarket. The property features an attractive mix of 2-bed/2-bath and 3-bed/2-bath units and delivers strong performance with a 5.66% actual true cap rate. Ideally positioned near Paradise Valley Community College with quick access to SR-51 and Loop 101, residents enjoy proximity to major employment centers, retail, dining, and parks. Units offer designer kitchens with stainless steel appliances, in-unit washer/dryer, LVP flooring, modern baths, and spacious floor plans averaging 1,432 SF. Modern construction and minimal deferred maintenance make Campo Bello a true turn-key investment with long-term durability.

17444 N 32nd Street, Phoenix

$749,000
5 Beds 4 Baths 6952059 MLS
This well-maintained slump-block fourplex is positioned at the end of a quiet cul-de-sac and offers an outstanding combination of long-term durability, strong rental upside, and low-maintenance operating costs. With immediate proximity to SR-51, the property provides fast access to major employment centers including the Biltmore Financial District, Midtown, Downtown Phoenix, and nearby healthcare campuses. Key Property Highlights Brand-New Roof with a transferable warranty, providing future owners with peace of mind and reduced capital expense. Maintenance-Free Landscaping, upgraded with ¼-inch crushed granite and the proper underlying weed-control membrane--dramatically reducing ongoing grounds maintenance. Private Outdoor Space for Each Tenant, includi This well-maintained slump-block fourplex is positioned at the end of a quiet cul-de-sac and offers an outstanding combination of long-term durability, strong rental upside, and low-maintenance operating costs. With immediate proximity to SR-51, the property provides fast access to major employment centers including the Biltmore Financial District, Midtown, Downtown Phoenix, and nearby healthcare campuses. Key Property Highlights Brand-New Roof with a transferable warranty, providing future owners with peace of mind and reduced capital expense. Maintenance-Free Landscaping, upgraded with ¼-inch crushed granite and the proper underlying weed-control membranedramatically reducing ongoing grounds maintenance. Private Outdoor Space for Each Tenant, including individual fenced patios and rear yards, increasing tenant satisfaction, retention, and rental demand. Desirable Slump Block Construction, known for its durability, thermal performance, and long-term stabilityideal for long-term investors. One Unit Currently Vacant, already refreshed with new interior paint, 2-inch wood-look faux blinds, and additional cosmetic upgradesperfect for achieving market rent quickly. All Units Feature Ceramic Tile Flooring, ideal for durability, ease of maintenance, and lower turnover costs. Significant Rental Upside, as existing rents are below current market levels for the area. Excellent Transportation Access, located minutes from State Route 51, connecting residents to major employers, hospitals, parks, and Central Phoenix amenities. Why This Fourplex Performs Well as an Investment This asset checks all the boxes for a low-maintenance, high-demand rental investment: Turnkey exterior improvements already completed Individual outdoor spaces that support stronger rent premiums A refreshed vacant unit ready for lease or owner-occupancy Proven long-term construction type Strong local renter demand driven by proximity to transit corridors and employment East Sunnyslope - Phoenix, Arizona Area Overview for Investors & Buyers** East Sunnyslope is one of Phoenix's most established and naturally scenic neighborhoods, positioned at the base of the North Mountain Preserve and offering a unique blend of urban convenience and outdoor lifestyle. Located just minutes from State Route 51, the area provides residents with fast access to Downtown Phoenix, Midtown, the Camelback Corridor, and the broader Valley employment base. Proximity to SR-51 (Highway 51) East Sunnyslope benefits from immediate access to SR-51, one of Phoenix's primary north-south freeways. This corridor significantly reduces commute times to: Downtown Phoenix (approx. 10 minutes) Biltmore Financial District Phoenix Children's Hospital & Medical Cluster Sky Harbor International Airport Scottsdale employment corridors This connectivity is a major reason residents and investors choose the area. Major Employers Near East Sunnyslope While Sunnyslope retains a neighborhood character, it is surrounded by several significant employment hubs that attract renters and long-term residents: Healthcare HonorHealth John C. Lincoln Medical Center A major medical employer and long-standing anchor of the Sunnyslope community. Phoenix Children's Hospital (PCH) - approx. 10 minutes Abrazo Health / Arizona Heart Hospital - via SR-51 access Mayo Clinic Hospital - approx. 15-20 minutes north via SR-51 Healthcare continues to be one of Phoenix's strongest and fastest-growing employment sectors. Government & Education City of Phoenix administrative and service departments Arizona Department of Economic Security Nearby public, charter, and private schools creating local employment stability Corporate & Office Employment Easy SR-51 access puts residents within minutes of: Camelback Corridor financial district Central Avenue business core Midtown office towers and professional services firms Parks, Recreation & Lifestyle East Sunnyslope is known for its natural surroundings and immediate access to outdoor amenities. Popular recreational assets include: North Mountain Park A major regional destination offering hiking, biking, scenic overlooks, and desert trails. The park provides direct mountain access while still being inside city limits. Sunnyslope Park A community-focused park with open green space, sports courts, and family amenities serving local residents. Arizona Canal Multi-Use Path A long, continuous pedestrian and bike path connecting Sunnyslope to Central Phoenix, Biltmore, and East Valley trail systems. Dreamy Draw Recreation Area (via SR-51) A short drive away, it offers additional hiking, shaded canyon spaces, and access to the Phoenix Mountain Preserve. Why East Sunnyslope Appeals to Renters & Investors Urban convenience with mountain views Fast access to major highways Close to hospitals, employment centers, and office corridors Affordable compared to nearby North Central and Biltmore neighborhoods Strong demand from healthcare workers, young professionals, and long-term tenants Mixed housing stock with value-add opportunities

822 E Carol Avenue, Phoenix

$845,000
7 Beds 404 Baths 6935184 MLS
100% occupied - immediate income from all three residences Three-unit property - two three-bedroom units plus one casita $4,995 in total scheduled monthly income $19,219.29 in seller-reported recent improvements New 125-amp electrical panel and service upgrades Updated kitchens and bathrooms with attractive finishes Interior paint, doors, hardware, lighting and ceiling-fan improvements Individual washer and dryer in each unit Private residential setting with a shared BBQ and gathering area Strong North Phoenix location with established rental demand R-3 zoning on approximately 13,375 square feet of land Turnkey investment opportunity offering current stability and long-term potential Welcome to 316-322 E Vogel Ave, a fully occupied North Phoenix triplex offering immediate income, a desirable residential layout and substantial recent improvements. The property consists of two spacious three-bedroom residences plus one casita, providing a diversified unit mix that appeals to a broad tenant base. The current rent roll reflects $4,745 in monthly base rent plus $250 in utility and pet fees, producing total scheduled income of $4,995 per month, or $59,940 annually. All three residences are currently occupied, allowing an investor to acquire an income-producing property without an initial lease-up period. PROPERTY HIGHLIGHTS " Fully occupied three-unit investment " Two three-bedroom residences plus one casita " Approximately 3,691 square feet of building area " Approximately 13,375 square feet of land " R-3 multifamily residential zoning " Individual residential buildings offering tenants added privacy " Individual laundry facilities " Shared outdoor BBQ and gathering area " Convenient North Phoenix location within the 85020 ZIP code RECENT PROPERTY IMPROVEMENTS The most recent seller-provided capital-improvements summary reports $19,219.29 in repairs and upgrades. Improvements include: " New 125-amp electrical panel and electrical-service improvements " Interior repairs, texture and two-tone paint " Interior doors, closet doors, locks and hardware " Window repairs and replacement blinds " Kitchen cabinet refinishing, faucets, hardware and related improvements " Bathroom mirrors, accessories, fixtures and tub refinishing " Updated lighting and ceiling fans " Smoke and carbon-monoxide detectors " Garage motor and remote replacement " Sliding-door and closet improvements " General cleaning, safety and property-condition improvements The residences also feature updated kitchens and bathrooms, modern appliances, refreshed interiors and a combination of attractive tile and updated flooring. OUTDOOR AND STORAGE FEATURES A shared outdoor BBQ and gathering area provides residents with a comfortable space to relax and enjoy Arizona's outdoor lifestyle. Mature trees, shaded areas, brick walkways and low-maintenance landscaping contribute to the property's residential character. The property also includes two large gray storage sheds behind the casita and one permanent storage structure. These structures may provide additional storage utility or potential ancillary income, subject to buyer verification, lease terms and applicable municipal requirements. Seller has indicated that stored contents will be removed before closing. INVESTMENT OPPORTUNITY 316-322 E Vogel Ave combines full occupancy, three separate living environments, an established income stream and recent capital improvements. The mix of two three-bedroom units and one casita provides diversification while the separate-building configuration offers residents privacy that is uncommon in many small multifamily properties. This property may be well suited for an investor seeking an occupied North Phoenix multifamily asset with recent improvements and long-term income potential. Buyer to independently verify the rent roll, leases, income, expenses, improvements, permits, storage uses, property condition and all other facts and figures.

316 E Vogel Avenue, Phoenix

$1,334,000
5 Beds 4 Baths 6810283 MLS
Welcome to this beautifully remodeled 4-plex located in the heart of vibrant Midtown Phoenix, currently operating as a successful CASH FLOWING Airbnb! Each unit has been thoughtfully updated with modern finishes while maintaining the charm of the original architecture. The spacious and well-maintained grounds offer ample parking and a community courtyard for relaxation. The location is ideal for short-term rentals, with close proximity to downtown Phoenix, popular local eateries, art galleries, and public transit. Whether for long-term tenants or vacationers, this 4-plex provides high rental demand in one of the city's most desirable areas.Currently being utilized as a successful Airbnb, this property generates consistent income with a strong track record of bookings, making it a perfect investment opportunity. Gross Profits for 2024 were $121,606, additional opportunity to potentially add additional units, single level, No HOA, LOW TAXES of $1490 for 2024. Biltmore/Arcadia Adjacent! ALL FURNITURE IS INCLUDED! Shared laundry on site! Don't miss out on this exceptional property in one of Phoenix's most sought-after neighborhoods!

939 E Turney Avenue, Phoenix

$899,900
20 Beds 20 Baths 6785949 MLS
EXCEPTIONAL INVESTMENT OPPORTUNITY IN PRIME LOCATION! This 17-21 unit, two-story property, built in 1952, offers an outstanding value-add opportunity for savvy investors. The unit mix includes 17 studio apartments, a manager's quarters, and a front office. With interiors currently vacant and ready for renovation, this property is a blank canvas awaiting your vision. PRIME LOCATION ADVANTAGES: Strategic Access: Situated near US 60/Grand Avenue with easy connections to I-10, I-17, and Loop 202 for seamless commutes across the city. FUTURE GROWTH POTENTIAL: A planned light rail extension along Van Buren will place this property in a key transit-oriented area, enhancing accessibility and desirability. CONVENIENT PROXIMITY:Located just one mile west of downtown Phoenix and minutes from Phoenix Sky Harbor Airport, this property is ideally positioned for tenants seeking urban convenience. While the property requires a full remodel to address deferred maintenance, its competitive list price reflects its incredible upside potential. This is your chance to reimagine and revitalize a property in a thriving area with high rental demand. Visualize the Potential: To help showcase the property's possibilities, the listing may include virtually renovated photos, giving you a glimpse into how this space can be transformed into a modern, income-generating asset. Don't let this rare investment opportunity slip awayact quickly, as it won't last long!

1945 W Van Buren Street, Phoenix

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.