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Total 6 units of townhomes all 2 bedrooms/1.5bathroom in a community of total 99 units of Dunlap Condominiums, large 1108sqft for each unit, all units rented, each unit with Washer/Dryer, individual water heater and HVAC, Tenant pay for electricity. Average rent $1100 to 1400 for each unit in this community. HOA fee $300 each covering insurance, common area maintenance, and water, sewer, trash.

12 Beds ⋅ 72 Baths ⋅ 7035349 MLS

Total 6 units of townhomes all 2 bedrooms/1.5bathroom in a community of total 99 units of Dunlap Condominiums, large 1108sqft for each unit, all units rented, each unit with Washer/Dryer, individual water heater and HVAC, Tenant pay for electricity. Average rent $1100 to 1400 for each unit in this community. HOA fee $300 each covering insurance, common area maintenance, and water, sewer, trash.

3520 W Dunlap Avenue Unit 109, Phoenix

$669,000

Great investment opportunity with this value add 4 plex consisting of 2 separate buildings on a large lot with a very open and spacious community courtyard perfect for gathering, BBQ's or visiting with your neighbors. All units are 2 bedrooms with 1 bathroom and come with a separate storage/laundry room. Conveniently located for easy commute to Grand Canyon University (2 miles), downtown Phoenix, mid town Phoenix and Steel Indian School Park. Perfect investment opportunity with all tenants on a month-to-month lease ready for updating and rental rate increases.

8 Beds ⋅ 4 Baths ⋅ 7034632 MLS

Great investment opportunity with this value add 4 plex consisting of 2 separate buildings on a large lot with a very open and spacious community courtyard perfect for gathering, BBQ's or visiting with your neighbors. All units are 2 bedrooms with 1 bathroom and come with a separate storage/laundry room. Conveniently located for easy commute to Grand Canyon University (2 miles), downtown Phoenix, mid town Phoenix and Steel Indian School Park. Perfect investment opportunity with all tenants on a month-to-month lease ready for updating and rental rate increases.

3849 N 23rd Drive, Phoenix

$959,000

Exceptional investment opportunity in the heart of Central Phoenix featuring six garden-style apartment units with an unbeatable location offering quick access to Downtown Phoenix, Arcadia, the SR-51, and Old Town Scottsdale. This well-positioned property consists of two spacious 3-bedroom/1-bath units, two 2-bedroom/1-bath units, and two studio apartments, providing a diverse unit mix ideal for attracting a wide range of tenants. Several units have been fully renovated with stylish finishes, while others have been thoughtfully updated and still offer additional value-add potential for future improvements and increased rents. Each unit offers a comfortable layout with charming garden-style appeal, creating a welcoming atmosphere for residents. Located near some of Phoenix's most Located near some of Phoenix's most popular dining, shopping, entertainment, and employment hubs, this property presents a rare opportunity for both seasoned investors and owner-users seeking strong upside potential in one of the Valley's most desirable rental corridors.

12 Beds ⋅ 6 Baths ⋅ 7033472 MLS

Exceptional investment opportunity in the heart of Central Phoenix featuring six garden-style apartment units with an unbeatable location offering quick access to Downtown Phoenix, Arcadia, the SR-51, and Old Town Scottsdale. This well-positioned property consists of two spacious 3-bedroom/1-bath units, two 2-bedroom/1-bath units, and two studio apartments, providing a diverse unit mix ideal for attracting a wide range of tenants. Several units have been fully renovated with stylish finishes, while others have been thoughtfully updated and still offer additional value-add potential for future improvements and increased rents. Each unit offers a comfortable layout with charming garden-style appeal, creating a welcoming atmosphere for residents. Located near some of Phoenix's most Located near some of Phoenix's most popular dining, shopping, entertainment, and employment hubs, this property presents a rare opportunity for both seasoned investors and owner-users seeking strong upside potential in one of the Valley's most desirable rental corridors.

1812 N 31st Place, Phoenix

$659,000

An exceptional investment opportunity in the heart of Downtown Phoenix -- two 4-unit buildings offering a rare chance to own 8 total units with conventional financing eligibility. Ideally located within walking distance to Chase Field, the Footprint Center, ASU Downtown Campus, University of Arizona College of Medicine, Banner Health, and the vibrant restaurants, coffee shops, art galleries, and nightlife of Roosevelt Row. All units are currently occupied, providing immediate income potential, and have been nicely updated with additional upside for future improvements and increased rents. Each residence offers its own private patio or yard space, creating an attractive living experience for tenants, along with ample on-site parking. Positioned in one of Phoenix's fastest-growing Positioned in one of Phoenix's fastest-growing urban corridors, this property combines location, flexibility, and long-term investment potential. Whether you are looking to expand your portfolio or secure a prime multi-family asset in Downtown Phoenix, this is an opportunity not to miss

4 Beds ⋅ 4 Baths ⋅ 7033471 MLS

An exceptional investment opportunity in the heart of Downtown Phoenix -- two 4-unit buildings offering a rare chance to own 8 total units with conventional financing eligibility. Ideally located within walking distance to Chase Field, the Footprint Center, ASU Downtown Campus, University of Arizona College of Medicine, Banner Health, and the vibrant restaurants, coffee shops, art galleries, and nightlife of Roosevelt Row. All units are currently occupied, providing immediate income potential, and have been nicely updated with additional upside for future improvements and increased rents. Each residence offers its own private patio or yard space, creating an attractive living experience for tenants, along with ample on-site parking. Positioned in one of Phoenix's fastest-growing Positioned in one of Phoenix's fastest-growing urban corridors, this property combines location, flexibility, and long-term investment potential. Whether you are looking to expand your portfolio or secure a prime multi-family asset in Downtown Phoenix, this is an opportunity not to miss

1533 E Adams Street, Phoenix

$659,000

An exceptional investment opportunity in the heart of Downtown Phoenix -- two 4-unit buildings offering a rare chance to own 8 total units with conventional financing eligibility. Ideally located within walking distance to Chase Field, the Footprint Center, ASU Downtown Campus, University of Arizona College of Medicine, Banner Health, and the vibrant restaurants, coffee shops, art galleries, and nightlife of Roosevelt Row. All units are currently occupied, providing immediate income potential, and have been nicely updated with additional upside for future improvements and increased rents. Each residence offers its own private patio or yard space, creating an attractive living experience for tenants, along with ample on-site parking. Positioned in one of Phoenix's fastest-growing urban corridors, this property combines location, flexibility, and long-term investment potential. Whether you are looking to expand your portfolio or secure a prime multi-family asset in Downtown Phoenix, this is an opportunity not to miss

4 Beds ⋅ 4 Baths ⋅ 7033470 MLS

An exceptional investment opportunity in the heart of Downtown Phoenix -- two 4-unit buildings offering a rare chance to own 8 total units with conventional financing eligibility. Ideally located within walking distance to Chase Field, the Footprint Center, ASU Downtown Campus, University of Arizona College of Medicine, Banner Health, and the vibrant restaurants, coffee shops, art galleries, and nightlife of Roosevelt Row. All units are currently occupied, providing immediate income potential, and have been nicely updated with additional upside for future improvements and increased rents. Each residence offers its own private patio or yard space, creating an attractive living experience for tenants, along with ample on-site parking. Positioned in one of Phoenix's fastest-growing urban corridors, this property combines location, flexibility, and long-term investment potential. Whether you are looking to expand your portfolio or secure a prime multi-family asset in Downtown Phoenix, this is an opportunity not to miss

1529 E Adams Street, Phoenix

$699,000

Turnkey Furnished Phoenix Duplex | Proven Income-Producing Investment | No HOA Opportunity meets flexibility at 4201 E Almeria Rd, a fully furnished duplex already operating as a successful short-term rental with an impressive 4.79-star guest rating and 94.4% five-star reviews. Whether you're expanding your investment portfolio, looking for a house-hack opportunity, or seeking a property that can generate income from day one, this one is ready to perform. The property features two separate residences, including a 2-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit, currently configured for room-by-room rentals to maximize income potential. Continue the existing short-term rental model or adapt it for Airbnb, VRBO, corporate housing, traveling medical professionals, seasonal visitors, mid-term rentals, or traditional long-term tenants. Sold fully furnished, the property includes all furniture, appliances, refrigerators, washers, dryers, and household essentials, making for a seamless transition with minimal startup costs. Major capital improvements provide additional peace of mind, including Unit 1 HVAC (2021), Unit 2 HVAC (2022), Unit 1 water heater (2023), Unit 2 water heater (2021), along with additional interior updates and light remodeling throughout. Location is another standout feature. Situated just minutes from Phoenix Sky Harbor International Airport, Downtown Phoenix, Old Town Scottsdale, Tempe, Arizona State University, major hospitals, business corridors, Cactus League Spring Training, entertainment, shopping, dining, golf, and convenient freeway access, this property consistently appeals to both business and leisure travelers. With no HOA, proven rental history, flexible income strategies, and a location that remains in demand year-round, this is a rare opportunity for investors, owner-occupants, or multi-generational living. Continue operating as a successful furnished rental or tailor it to your investment goals--the choice is yours.

4 Beds ⋅ 4 Baths ⋅ 7029061 MLS

Turnkey Furnished Phoenix Duplex | Proven Income-Producing Investment | No HOA Opportunity meets flexibility at 4201 E Almeria Rd, a fully furnished duplex already operating as a successful short-term rental with an impressive 4.79-star guest rating and 94.4% five-star reviews. Whether you're expanding your investment portfolio, looking for a house-hack opportunity, or seeking a property that can generate income from day one, this one is ready to perform. The property features two separate residences, including a 2-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit, currently configured for room-by-room rentals to maximize income potential. Continue the existing short-term rental model or adapt it for Airbnb, VRBO, corporate housing, traveling medical professionals, seasonal visitors, mid-term rentals, or traditional long-term tenants. Sold fully furnished, the property includes all furniture, appliances, refrigerators, washers, dryers, and household essentials, making for a seamless transition with minimal startup costs. Major capital improvements provide additional peace of mind, including Unit 1 HVAC (2021), Unit 2 HVAC (2022), Unit 1 water heater (2023), Unit 2 water heater (2021), along with additional interior updates and light remodeling throughout. Location is another standout feature. Situated just minutes from Phoenix Sky Harbor International Airport, Downtown Phoenix, Old Town Scottsdale, Tempe, Arizona State University, major hospitals, business corridors, Cactus League Spring Training, entertainment, shopping, dining, golf, and convenient freeway access, this property consistently appeals to both business and leisure travelers. With no HOA, proven rental history, flexible income strategies, and a location that remains in demand year-round, this is a rare opportunity for investors, owner-occupants, or multi-generational living. Continue operating as a successful furnished rental or tailor it to your investment goals--the choice is yours.

4201 E Almeria Road Unit 1, Phoenix

$1,079,999

Discover a prime investment opportunity in strong central Phoenix with this fully occupied 8-unit multifamily complex generating consistent cash flow from day one. This exceptional property comprises three spacious 1-bedroom, 1-bathroom units and five efficient studio units, perfectly positioned to capitalize on the area's high demand for affordable rentals where vacancies remain rare. Each unit features its own electrical sub-panel for independent metering and billing. While all three 1-bedroom units boast in-unit washer/dryers for premium tenant appeal, and studios share a convenient on-site laundry facility. The property is fully fenced with one dedicated parking spot per unit, creating a secure and organized community. Major systems including plumbing, electrical, and HVAC were professionally upgraded in 2021, ensuring reliability and minimal maintenance concerns for years to come. The property is well-maintained with regular upkeep including fresh paint and timely repairs. With its R-5 zoning allowing for maximum density in multifamily development, this property presents significant future redevelopment possibilities for investors seeking long-term upside potential. Located strategically near Downtown Phoenix, the Central Avenue light rail extension, and with easy access to I-10 and I-17, residents enjoy quick commutes to key employment corridors and major transit routes. Beyond the stable current income, this is a true value-add opportunity--the large lot provides room for expansion, and there's strong potential to increase returns by replacing flooring and installing washer/dryers in the remaining studio units, or utilizing the huge courtyard for income-producing amenities like vending machines. This combines built-in stability with substantial upside for an investor ready to maximize returns. DRIVE-BY ONLY; please do not disturb tenants. Walkthroughs available only with accepted offers. Buyer to verify all information.

8 Beds ⋅ 8 Baths ⋅ 7025359 MLS

Discover a prime investment opportunity in strong central Phoenix with this fully occupied 8-unit multifamily complex generating consistent cash flow from day one. This exceptional property comprises three spacious 1-bedroom, 1-bathroom units and five efficient studio units, perfectly positioned to capitalize on the area's high demand for affordable rentals where vacancies remain rare. Each unit features its own electrical sub-panel for independent metering and billing. While all three 1-bedroom units boast in-unit washer/dryers for premium tenant appeal, and studios share a convenient on-site laundry facility. The property is fully fenced with one dedicated parking spot per unit, creating a secure and organized community. Major systems including plumbing, electrical, and HVAC were professionally upgraded in 2021, ensuring reliability and minimal maintenance concerns for years to come. The property is well-maintained with regular upkeep including fresh paint and timely repairs. With its R-5 zoning allowing for maximum density in multifamily development, this property presents significant future redevelopment possibilities for investors seeking long-term upside potential. Located strategically near Downtown Phoenix, the Central Avenue light rail extension, and with easy access to I-10 and I-17, residents enjoy quick commutes to key employment corridors and major transit routes. Beyond the stable current income, this is a true value-add opportunity--the large lot provides room for expansion, and there's strong potential to increase returns by replacing flooring and installing washer/dryers in the remaining studio units, or utilizing the huge courtyard for income-producing amenities like vending machines. This combines built-in stability with substantial upside for an investor ready to maximize returns. DRIVE-BY ONLY; please do not disturb tenants. Walkthroughs available only with accepted offers. Buyer to verify all information.

909 S 35th Avenue, Phoenix

$800,000

Duplex featuring two units, each with 2 bedrooms and 1 bathroom. Both units are occupied.

6 Beds ⋅ 2 Baths ⋅ 7025032 MLS

Duplex featuring two units, each with 2 bedrooms and 1 bathroom. Both units are occupied.

3601 W Maricopa Street, Phoenix

$649,000

Exceptional investment opportunity in the desirable Arcadia/Osborn corridor! This beautifully renovated duplex features two separate 2 bed / 1 bath units, each currently operating as STR and offering excellent flexibility for short-term, long-term, or owner-occupant use. Both units are move-in ready with updated finishes, stainless steel appliances, open-concept living spaces, and wood-look LVP flooring throughout. Each residence includes its own private yard space, dedicated carport parking, and access to a shared laundry room--rare amenities that enhance tenant and guest appeal. A turnkey income-producing property in one of Phoenix's most sought-after central locations.

4 Beds ⋅ 2 Baths ⋅ 7024741 MLS

Exceptional investment opportunity in the desirable Arcadia/Osborn corridor! This beautifully renovated duplex features two separate 2 bed / 1 bath units, each currently operating as STR and offering excellent flexibility for short-term, long-term, or owner-occupant use. Both units are move-in ready with updated finishes, stainless steel appliances, open-concept living spaces, and wood-look LVP flooring throughout. Each residence includes its own private yard space, dedicated carport parking, and access to a shared laundry room--rare amenities that enhance tenant and guest appeal. A turnkey income-producing property in one of Phoenix's most sought-after central locations.

1809 N 42nd Street, Phoenix

$605,000

Well-located 4-plex just minutes from Grand Canyon University presents a strong opportunity for investors seeking consistent income and long-term growth. Its proximity to a major university creates steady rental demand, making it ideal for student housing or long-term tenants. The property offers reliable cash flow with solid income potential, along with the advantage of being in a high-demand rental area. Convenient access to shopping, dining, and major freeways further enhances its appeal to tenants. Whether you are expanding your portfolio or looking for a dependable income-producing asset, this 4-plex is a valuable addition with both immediate returns and future appreciation potential.

6 Beds ⋅ 4 Baths ⋅ 7020368 MLS

Well-located 4-plex just minutes from Grand Canyon University presents a strong opportunity for investors seeking consistent income and long-term growth. Its proximity to a major university creates steady rental demand, making it ideal for student housing or long-term tenants. The property offers reliable cash flow with solid income potential, along with the advantage of being in a high-demand rental area. Convenient access to shopping, dining, and major freeways further enhances its appeal to tenants. Whether you are expanding your portfolio or looking for a dependable income-producing asset, this 4-plex is a valuable addition with both immediate returns and future appreciation potential.

5820 N 35th Avenue, Phoenix

$3,895,000

The Mojave is a 27-unit, garden-style multifamily community located in Phoenix, AZ. Originally constructed in 1986 and extensively renovated in 2022, current and previous ownership has invested over $680,000 in capex into the property including a full interior renovation package on all 27 units (all with washer/dryer), new roof, asphalt replacement, upgraded landscaping, exterior painting and fencing, more. Even with significant capital improvements made over the past 5 years, new ownership can capture immediate upside by replacing the grass area with artificial turf, which will generate an estimated $5,000 to $10,000 in annual expense savings. This is a compelling opportunity for investors seeing a true turnkey, cash flowing asset with additional upside potential.

28 Beds ⋅ 41 Baths ⋅ 7004263 MLS

The Mojave is a 27-unit, garden-style multifamily community located in Phoenix, AZ. Originally constructed in 1986 and extensively renovated in 2022, current and previous ownership has invested over $680,000 in capex into the property including a full interior renovation package on all 27 units (all with washer/dryer), new roof, asphalt replacement, upgraded landscaping, exterior painting and fencing, more. Even with significant capital improvements made over the past 5 years, new ownership can capture immediate upside by replacing the grass area with artificial turf, which will generate an estimated $5,000 to $10,000 in annual expense savings. This is a compelling opportunity for investors seeing a true turnkey, cash flowing asset with additional upside potential.

2020 W Orangewood Avenue, Phoenix

$449,000

This offering includes two fully renovated multifamily units in a prime infill location directly adjacent to Downtown Phoenix. The property has been extensively upgraded with a new AC system, dual pane windows, new kitchen and bathroom finishes, new LVP flooring in the back unit, and sealed concrete floors in the front unit. The adjacent property at 712 W Fillmore is available as well. That property includes a single-family home and a triplex that provide stable in-place income with additional upside through renovation and rent growth. The properties may be acquired together or separately, providing investors flexibility to tailor the acquisition to their strategy.

2 Beds ⋅ 2 Baths ⋅ 6996631 MLS

This offering includes two fully renovated multifamily units in a prime infill location directly adjacent to Downtown Phoenix. The property has been extensively upgraded with a new AC system, dual pane windows, new kitchen and bathroom finishes, new LVP flooring in the back unit, and sealed concrete floors in the front unit. The adjacent property at 712 W Fillmore is available as well. That property includes a single-family home and a triplex that provide stable in-place income with additional upside through renovation and rent growth. The properties may be acquired together or separately, providing investors flexibility to tailor the acquisition to their strategy.

718 W Fillmore Street, Phoenix

$665,000

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.

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

$580,000

4-unit multifamily property located within the Palomino Pointe HOA in North Phoenix. Built in 1982. Unit mix consists of (1) 1-Bed / 1-Bath, (1) 2-Bed / 1-Bath, (1) 2-bed /1-Bath and (1) 3-Bed / 3-Bath units. Interior and exterior improvements include new HVAC systems (2025), updated cabinets in select units, updated flooring in select units, and updated interior paint. Each unit includes one covered parking space with additional guest parking available. HOA amenities include pool, common areas, trash collection, landscaping, and pool maintenance. Convenient access to SR-51, Loop 101, and nearby retail.

14 Beds ⋅ 14 Baths ⋅ 6992217 MLS

4-unit multifamily property located within the Palomino Pointe HOA in North Phoenix. Built in 1982. Unit mix consists of (1) 1-Bed / 1-Bath, (1) 2-Bed / 1-Bath, (1) 2-bed /1-Bath and (1) 3-Bed / 3-Bath units. Interior and exterior improvements include new HVAC systems (2025), updated cabinets in select units, updated flooring in select units, and updated interior paint. Each unit includes one covered parking space with additional guest parking available. HOA amenities include pool, common areas, trash collection, landscaping, and pool maintenance. Convenient access to SR-51, Loop 101, and nearby retail.

2828 E Tierra Buena Lane, Phoenix

$1,385,000

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.

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

$705,000

Turnkey cash-flowing fourplex in a prime Phoenix location! This fully renovated property is a low-maintenance gem with all major upgrades handled: brand-new roof, all HVAC units replaced under current ownership, new water heaters, and a freshly painted exterior. Excellent unit mix consisting of (1) 3BD/2BA unit, (2) 3BD/1BA units and (1) 2BD/1BA unit. Every unit is updated with modern finishes, including LVP or tile flooring (no carpet) and ceiling fans. Spacious layouts feature full appliance packages and private balconies/patios. Rare four-car garage provides dedicated tenant parking and storage. Ideally located near the I-17 for fast access to Downtown Phoenix, GCU, and Glendale events. Meticulously maintained with strong tenant demand. Perfect for a 1031 exchange or owner-occupant!

11 Beds ⋅ 4 Baths ⋅ 6989127 MLS

Turnkey cash-flowing fourplex in a prime Phoenix location! This fully renovated property is a low-maintenance gem with all major upgrades handled: brand-new roof, all HVAC units replaced under current ownership, new water heaters, and a freshly painted exterior. Excellent unit mix consisting of (1) 3BD/2BA unit, (2) 3BD/1BA units and (1) 2BD/1BA unit. Every unit is updated with modern finishes, including LVP or tile flooring (no carpet) and ceiling fans. Spacious layouts feature full appliance packages and private balconies/patios. Rare four-car garage provides dedicated tenant parking and storage. Ideally located near the I-17 for fast access to Downtown Phoenix, GCU, and Glendale events. Meticulously maintained with strong tenant demand. Perfect for a 1031 exchange or owner-occupant!

3302 W Northern Avenue, Phoenix

$1,699,000

Investor Special! Newer Build 6-Plex, each unit is individually titled. Every unit has a single detached garage and ample visitor parking. Ownership of your own enclave. The units are 2 bedroom, 1.5 bath, in-suite full size laundry, dedicated backyard, open floor plan and more. Fully leased out, strong and stable cash-flow, remarkable investment property.

12 Beds ⋅ 90 Baths ⋅ 6977241 MLS

Investor Special! Newer Build 6-Plex, each unit is individually titled. Every unit has a single detached garage and ample visitor parking. Ownership of your own enclave. The units are 2 bedroom, 1.5 bath, in-suite full size laundry, dedicated backyard, open floor plan and more. Fully leased out, strong and stable cash-flow, remarkable investment property.

2014 E Sweetwater Avenue, Phoenix

$643,000

Rare investment opportunity featuring unique architecture in the Historic Oakland District, within walking distance to Grand Avenue of the Arts, light rail, downtown Phoenix, and minutes from Sky Harbor Airport. Located in a rapidly growing area with rising rents and strong investor development, the property has seen numerous upgrades over the years including interior and exterior paint, tiled showers, updated flooring and countertops, new windows and roofs, two tankless gas water heaters, and two newer A/C units. All units are individually metered for APS, with a unit mix consisting of one 2-bedroom/1-bath with washer/dryer hookup, two 1-bedroom/1-bath units, and one studio, offering clear upside potential for a new owner to increase rents and improve returns.

5 Beds ⋅ 4 Baths ⋅ 6972312 MLS

Rare investment opportunity featuring unique architecture in the Historic Oakland District, within walking distance to Grand Avenue of the Arts, light rail, downtown Phoenix, and minutes from Sky Harbor Airport. Located in a rapidly growing area with rising rents and strong investor development, the property has seen numerous upgrades over the years including interior and exterior paint, tiled showers, updated flooring and countertops, new windows and roofs, two tankless gas water heaters, and two newer A/C units. All units are individually metered for APS, with a unit mix consisting of one 2-bedroom/1-bath with washer/dryer hookup, two 1-bedroom/1-bath units, and one studio, offering clear upside potential for a new owner to increase rents and improve returns.

1333 W Taylor Street, Phoenix

$900,000

Available as a 4 unit or buy both buildings, also listed for a total of 8 units. Located at 3048 E Beck Ln, Phoenix, AZ 85032, this well-positioned 4-unit townhouse-style apartment property offers immediate income in a high-demand North Phoenix submarket. Conveniently situated near shopping, public transportation, and SR-51 freeway access, providing strong tenant demand and long-term rental stability. The property consists of two separate two-story buildings being sold together or seperatly. Each unit features a spacious 2-bedroom, 2-bath townhouse layout, full appliance package, and in-unit washer and dryer. All units include a private, fenced backyard, a rare and attractive feature that supports tenant retention and future rent growth. The asset is 100% occupie

16 Beds ⋅ 8 Baths ⋅ 6969983 MLS

Available as a 4 unit or buy both buildings, also listed for a total of 8 units. Located at 3048 E Beck Ln, Phoenix, AZ 85032, this well-positioned 4-unit townhouse-style apartment property offers immediate income in a high-demand North Phoenix submarket. Conveniently situated near shopping, public transportation, and SR-51 freeway access, providing strong tenant demand and long-term rental stability. The property consists of two separate two-story buildings being sold together or seperatly. Each unit features a spacious 2-bedroom, 2-bath townhouse layout, full appliance package, and in-unit washer and dryer. All units include a private, fenced backyard, a rare and attractive feature that supports tenant retention and future rent growth. The asset is 100% occupie

3048 E Beck Lane, Phoenix

$900,000

Available as a 4 unit or buy both buildings, also listed for a total of 8 units. Located at 3044 E Beck Ln, Phoenix, AZ 85032, this well-positioned 4-unit townhouse-style apartment property offers immediate income in a high-demand North Phoenix submarket. Conveniently situated near shopping, public transportation, and SR-51 freeway access, providing strong tenant demand and long-term rental stability. The property consists of two separate two-story buildings being sold together or seperatly. Each unit features a spacious 2-bedroom, 2-bath townhouse layout, full appliance package, and in-unit washer and dryer. All units include a private, fenced backyard, a rare and attractive feature that supports tenant retention and future rent growth. The asset is 100% occupie

16 Beds ⋅ 8 Baths ⋅ 6969979 MLS

Available as a 4 unit or buy both buildings, also listed for a total of 8 units. Located at 3044 E Beck Ln, Phoenix, AZ 85032, this well-positioned 4-unit townhouse-style apartment property offers immediate income in a high-demand North Phoenix submarket. Conveniently situated near shopping, public transportation, and SR-51 freeway access, providing strong tenant demand and long-term rental stability. The property consists of two separate two-story buildings being sold together or seperatly. Each unit features a spacious 2-bedroom, 2-bath townhouse layout, full appliance package, and in-unit washer and dryer. All units include a private, fenced backyard, a rare and attractive feature that supports tenant retention and future rent growth. The asset is 100% occupie

3044 E Beck Lane, Phoenix

$825,000

**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.

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

$1,650,000

Excellent Phoenix Multifamily Investment Opportunity! Located at 3044-3048 E Beck Ln, Phoenix, AZ 85032, this well-positioned 8-unit townhouse-style apartment property offers immediate income in a high-demand North Phoenix submarket. Conveniently situated near shopping, public transportation, and SR-51 freeway access, providing strong tenant demand and long-term rental stability. The property consists of two separate two-story buildings being sold together or seperatly. Each unit features a spacious 2-bedroom, 2-bath townhouse layout, full appliance package, and in-unit washer and dryer. All units include a private, fenced backyard, a rare and attractive feature that supports tenant retention and future rent growth. The asset is 100% occupied.

24 Beds ⋅ 16 Baths ⋅ 6968554 MLS

Excellent Phoenix Multifamily Investment Opportunity! Located at 3044-3048 E Beck Ln, Phoenix, AZ 85032, this well-positioned 8-unit townhouse-style apartment property offers immediate income in a high-demand North Phoenix submarket. Conveniently situated near shopping, public transportation, and SR-51 freeway access, providing strong tenant demand and long-term rental stability. The property consists of two separate two-story buildings being sold together or seperatly. Each unit features a spacious 2-bedroom, 2-bath townhouse layout, full appliance package, and in-unit washer and dryer. All units include a private, fenced backyard, a rare and attractive feature that supports tenant retention and future rent growth. The asset is 100% occupied.

3044-48 E Beck Lane, Phoenix

$4,560,000

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 in 2025. 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.

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 in 2025. 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

Fully occupied fourplex at the end of a cul-de-sac in East Sunnyslope, offered at $749,000. Three 1BR units and one 2BR unit feature slump-block construction, ceramic-tile interiors and private fenced patios or yards. A new asphalt-shingle roof with a reported transferable warranty and low-maintenance landscaping support ownership. Current OM underwriting shows $33,573 normalized NOI and a 4.48% cap rate; the market-rent pro forma shows $45,727 NOI and 6.11%. Convenient access to SR-51 and Central Phoenix employment, healthcare, shopping and recreation. No seller financing. Do not disturb tenants. Buyer to verify rents, expenses, condition, warranty and all information. 822 E Carol Avenue is a four-unit property in East Sunnyslope with three one-bedroom residences and one two-bedroom residence. All four are reported occupied. The approximately 1,776-SF building occupies an approximately 6,970-SF site. Features include slump-block construction, ceramic-tile interiors, private fenced patios or yards, low-maintenance desert landscaping and a new asphalt-shingle roof with a reported transferable warranty. The current OM uses its July 2026 rent schedule: $3,565 monthly base rent plus $225 monthly utility reimbursements, totaling $3,790. Annual base rent is $42,780 and reimbursements are $2,700, producing $45,480 gross potential income. A 3% economic vacancy allowance produces approximately $44,116 effective gross income, despite reported 100% physical occupancy. Normalized current expenses total $10,543: taxes $766, insurance $1,748, management $3,529, repairs $1,200, water/sewer/trash $2,300, landscaping $400 and other expenses $600. Current normalized NOI is $33,573, a 4.48% cap rate at the $749,000 asking price. These are underwriting assumptions and should be reconciled with current leases, collections and invoices. The illustrative market-rent case assumes $1,100 monthly for each one-bedroom unit and $1,400 for the two-bedroom unit. Reimbursements remain $2,700 annually; economic vacancy remains 3%; management remains 8% of effective gross income. Pro forma effective gross income is $57,327, expenses are $11,600 and NOI is $45,727, producing a 6.11% cap rate. Future rent changes are subject to existing leases and market conditions. The location offers access to SR-51, Central Phoenix employment, healthcare, retail and mountain recreation. Seller financing is not available. Please do not disturb tenants. 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.

5 Beds ⋅ 4 Baths ⋅ 6952059 MLS

Fully occupied fourplex at the end of a cul-de-sac in East Sunnyslope, offered at $749,000. Three 1BR units and one 2BR unit feature slump-block construction, ceramic-tile interiors and private fenced patios or yards. A new asphalt-shingle roof with a reported transferable warranty and low-maintenance landscaping support ownership. Current OM underwriting shows $33,573 normalized NOI and a 4.48% cap rate; the market-rent pro forma shows $45,727 NOI and 6.11%. Convenient access to SR-51 and Central Phoenix employment, healthcare, shopping and recreation. No seller financing. Do not disturb tenants. Buyer to verify rents, expenses, condition, warranty and all information. 822 E Carol Avenue is a four-unit property in East Sunnyslope with three one-bedroom residences and one two-bedroom residence. All four are reported occupied. The approximately 1,776-SF building occupies an approximately 6,970-SF site. Features include slump-block construction, ceramic-tile interiors, private fenced patios or yards, low-maintenance desert landscaping and a new asphalt-shingle roof with a reported transferable warranty. The current OM uses its July 2026 rent schedule: $3,565 monthly base rent plus $225 monthly utility reimbursements, totaling $3,790. Annual base rent is $42,780 and reimbursements are $2,700, producing $45,480 gross potential income. A 3% economic vacancy allowance produces approximately $44,116 effective gross income, despite reported 100% physical occupancy. Normalized current expenses total $10,543: taxes $766, insurance $1,748, management $3,529, repairs $1,200, water/sewer/trash $2,300, landscaping $400 and other expenses $600. Current normalized NOI is $33,573, a 4.48% cap rate at the $749,000 asking price. These are underwriting assumptions and should be reconciled with current leases, collections and invoices. The illustrative market-rent case assumes $1,100 monthly for each one-bedroom unit and $1,400 for the two-bedroom unit. Reimbursements remain $2,700 annually; economic vacancy remains 3%; management remains 8% of effective gross income. Pro forma effective gross income is $57,327, expenses are $11,600 and NOI is $45,727, producing a 6.11% cap rate. Future rent changes are subject to existing leases and market conditions. The location offers access to SR-51, Central Phoenix employment, healthcare, retail and mountain recreation. Seller financing is not available. Please do not disturb tenants. 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.

822 E Carol Avenue, Phoenix

$3,780,000

Introducing Signature 18, a gated community in the heart of Phoenix, offering a 8% ACTUAL cap rate (T-4) of 2026. Located near Abrazo Hospital, Christown Spectrum Mall, and major transit, the property blends urban access with a quiet, private setting. Recent improvements include desert landscaping, repaved parking, refreshed exterior paint, LED motion lighting, upgraded security cameras, modern gate locks, new stainless appliances, in-unit washers/dryers, roof resealing, and upgraded pool equipment. A new dog run enhances resident appeal, making this a true turn-key investment with strong cash flow and long-term efficiency.

40 Beds ⋅ 26 Baths ⋅ 6946527 MLS

Introducing Signature 18, a gated community in the heart of Phoenix, offering a 8% ACTUAL cap rate (T-4) of 2026. Located near Abrazo Hospital, Christown Spectrum Mall, and major transit, the property blends urban access with a quiet, private setting. Recent improvements include desert landscaping, repaved parking, refreshed exterior paint, LED motion lighting, upgraded security cameras, modern gate locks, new stainless appliances, in-unit washers/dryers, roof resealing, and upgraded pool equipment. A new dog run enhances resident appeal, making this a true turn-key investment with strong cash flow and long-term efficiency.

2014 W Berridge Lane, Phoenix

$1,200,000

12 Beds ⋅ 12 Baths ⋅ 6933943 MLS

2505 E Monroe Street, Phoenix

$569,900

4-Plex FOR SALE in the heart of North Phoenix just minutes from Desert Ridge Marketplace, SR51, local schools & parks, shopping, & many other attractions. This deal perfect for an occupant! VA ASSUMABLE loan, see remarks. The unit mix is: one 1bed/1bath unit, one 2bed/2bath unit, one 2bed/1.5 bath TH style unit, & one 3bed/3bath unit. All units have generous square footage along w/W/D H/Us. Each unit has outdoor space w/either a ground level patio or a balcony. Monthly HOA dues INCL: common area maintenance, landscaping, community pool, parking enforcement, & gated access w/fob entry. 3 of 4 units occupied w/good paying tenants, Leases are MTM. DO NOT Disturb Tenants. Drive By ONLY. See documents tab, rents in attachment & listed in MLS are actual. Indiv. metered for water.

8 Beds ⋅ 8 Baths ⋅ 6855967 MLS

4-Plex FOR SALE in the heart of North Phoenix just minutes from Desert Ridge Marketplace, SR51, local schools & parks, shopping, & many other attractions. This deal perfect for an occupant! VA ASSUMABLE loan, see remarks. The unit mix is: one 1bed/1bath unit, one 2bed/2bath unit, one 2bed/1.5 bath TH style unit, & one 3bed/3bath unit. All units have generous square footage along w/W/D H/Us. Each unit has outdoor space w/either a ground level patio or a balcony. Monthly HOA dues INCL: common area maintenance, landscaping, community pool, parking enforcement, & gated access w/fob entry. 3 of 4 units occupied w/good paying tenants, Leases are MTM. DO NOT Disturb Tenants. Drive By ONLY. See documents tab, rents in attachment & listed in MLS are actual. Indiv. metered for water.

2844 E Monte Cristo Avenue, Phoenix

$1,334,000

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!

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

18202 Cave Creek Road Unit 5 units, Phoenix

$625,000

5-UNIT VALUE-ADD INVESTMENT OPPORTUNITY | $625,000 | Approx. $125,000 Per Unit Small portfolio. Big opportunity.Terrace, offering investors an opportunity to acquire a manageable workforce housing portfolio with future flexibility. Each residence is a 1-bedroom plus den / 1-bath floor plan (the den functions as a bedroom but does not have a window) and includes its own washer and dryer. Priced at $625,000--approximately $125,000 per unit--this portfolio is well suited for investors looking to expand an existing rental portfolio or establish a meaningful presence in the Phoenix workforce housing market.The projected income profile offers attractive risk-adjusted return potential for investors who understand value-add opportunities and active portfolio management.This is an unwarrantable condominium community, making conventional residential financing challenging. The ideal purchaser will utilize commercial financing, cash, a 1031 Exchange, private capital, or other investment strategies appropriate for this type of asset. Investment Highlights: Individually deeded condominium ownership allowing future resale flexibility. Professionally managed HOA. Renovated units with in-unit washer and dryer. Strong workforce housing demand in North Phoenix. Covered parking, community pool, on-site management office, barbecue area and convenient freeway access. Attractive entry point at approximately $125,000 per unit. This portfolio offers investors an opportunity to own income-producing real estate with operational upside while maintaining a manageable five-unit footprint. If you're looking for a pristine institutional asset, this isn't it. If you're looking for cash flow, upside, and know how to operate Class C workforce housing, let's talk.

5 Beds ⋅ 5 Baths ⋅ 6770097 MLS

5-UNIT VALUE-ADD INVESTMENT OPPORTUNITY | $625,000 | Approx. $125,000 Per Unit Small portfolio. Big opportunity.Terrace, offering investors an opportunity to acquire a manageable workforce housing portfolio with future flexibility. Each residence is a 1-bedroom plus den / 1-bath floor plan (the den functions as a bedroom but does not have a window) and includes its own washer and dryer. Priced at $625,000--approximately $125,000 per unit--this portfolio is well suited for investors looking to expand an existing rental portfolio or establish a meaningful presence in the Phoenix workforce housing market.The projected income profile offers attractive risk-adjusted return potential for investors who understand value-add opportunities and active portfolio management.This is an unwarrantable condominium community, making conventional residential financing challenging. The ideal purchaser will utilize commercial financing, cash, a 1031 Exchange, private capital, or other investment strategies appropriate for this type of asset. Investment Highlights: Individually deeded condominium ownership allowing future resale flexibility. Professionally managed HOA. Renovated units with in-unit washer and dryer. Strong workforce housing demand in North Phoenix. Covered parking, community pool, on-site management office, barbecue area and convenient freeway access. Attractive entry point at approximately $125,000 per unit. This portfolio offers investors an opportunity to own income-producing real estate with operational upside while maintaining a manageable five-unit footprint. If you're looking for a pristine institutional asset, this isn't it. If you're looking for cash flow, upside, and know how to operate Class C workforce housing, let's talk.

18202 Cave Creek Road Unit 5 units, Phoenix

18202 Cave Creek Road Unit 17units, Phoenix

$2,125,000

17-UNIT VALUE-ADD WORKFORCE HOUSING PORTFOLIO | $2,125,000 | Approx. $125,000 Per Unit. Not every investor is the right buyer for this portfolio and that's exactly the point. This 17-unit workforce housing portfolio consists of individually deeded condominium units within Mountain Springs Terrace and is being offered as a single investment opportunity. The portfolio includes eleven 2-bedroom plus den/2-bath units, five 1-bedroom plus den/1-bath units, and one 3-bedroom/1-bath unit. (The den functions as a bedroom but does not have a window.) Offered at $2,125,000 approximately $125,000 per unit this is a value-add opportunity designed for investors who understand cash flow, operational improvements and long-term appreciation rather than turnkey perfection. The projected income profile offers the type of risk-adjusted return experienced investors often seek in workforce housing assets, recognizing that stronger returns typically accompany opportunities requiring active ownership and thoughtful management. This is an unwarrantable condominium community, making conventional residential financing challenging. The ideal purchaser will be an experienced investor utilizing commercial financing, cash, a 1031 Exchange, private capital, or other investment strategies appropriate for this asset class. Many units have been renovated over time, and every residence includes its own washer and dryer an amenity that continues to attract long-term tenants. The community offers covered parking, a swimming pool, on-site management office, barbecue area, and convenient access to major employment corridors, shopping, Loop 101, SR-51, and public transportation. Investment Highlights: Individually deeded condominium ownership providing long-term ownership flexibility and multiple future exit strategies. Professionally managed HOA. Continued capital improvements and ongoing maintenance demonstrate proactive ownership. Strong demand for workforce housing in an established North Phoenix rental market. Every residence includes an in-unit washer and dryer. Attractive basis at approximately $125,000 per unit. This is not a passive investment. It is a portfolio built for investors who understand Class C workforce housing, recognize value-add opportunities, and appreciate the balance between operational involvement and long-term income potential. If you're looking for a pristine institutional asset, this isn't it. If you're looking for cash flow, upside, and know how to operate Class C workforce housing, let's talk.

29 Beds ⋅ 29 Baths ⋅ 6770068 MLS

17-UNIT VALUE-ADD WORKFORCE HOUSING PORTFOLIO | $2,125,000 | Approx. $125,000 Per Unit. Not every investor is the right buyer for this portfolio and that's exactly the point. This 17-unit workforce housing portfolio consists of individually deeded condominium units within Mountain Springs Terrace and is being offered as a single investment opportunity. The portfolio includes eleven 2-bedroom plus den/2-bath units, five 1-bedroom plus den/1-bath units, and one 3-bedroom/1-bath unit. (The den functions as a bedroom but does not have a window.) Offered at $2,125,000 approximately $125,000 per unit this is a value-add opportunity designed for investors who understand cash flow, operational improvements and long-term appreciation rather than turnkey perfection. The projected income profile offers the type of risk-adjusted return experienced investors often seek in workforce housing assets, recognizing that stronger returns typically accompany opportunities requiring active ownership and thoughtful management. This is an unwarrantable condominium community, making conventional residential financing challenging. The ideal purchaser will be an experienced investor utilizing commercial financing, cash, a 1031 Exchange, private capital, or other investment strategies appropriate for this asset class. Many units have been renovated over time, and every residence includes its own washer and dryer an amenity that continues to attract long-term tenants. The community offers covered parking, a swimming pool, on-site management office, barbecue area, and convenient access to major employment corridors, shopping, Loop 101, SR-51, and public transportation. Investment Highlights: Individually deeded condominium ownership providing long-term ownership flexibility and multiple future exit strategies. Professionally managed HOA. Continued capital improvements and ongoing maintenance demonstrate proactive ownership. Strong demand for workforce housing in an established North Phoenix rental market. Every residence includes an in-unit washer and dryer. Attractive basis at approximately $125,000 per unit. This is not a passive investment. It is a portfolio built for investors who understand Class C workforce housing, recognize value-add opportunities, and appreciate the balance between operational involvement and long-term income potential. If you're looking for a pristine institutional asset, this isn't it. If you're looking for cash flow, upside, and know how to operate Class C workforce housing, let's talk.

18202 Cave Creek Road Unit 17units, Phoenix

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