Phoenix Homes with Other Community Features

Phoenix Homes with Other Community Features

Welcome to Phoenix, Arizona – a vibrant oasis nestled in the heart of Maricopa County. Known for its stunning desert landscapes, year-round sunshine, and a rich blend of cultural influences, Phoenix is not just a place to live; it’s a lifestyle. With a population that continues to grow, this dynamic city offers a unique mix of urban amenities and outdoor adventures, making it an ideal destination for families, professionals, and retirees alike.

Phoenix boasts a diverse range of neighborhoods, each with its own character and charm. Whether you’re drawn to the bustling downtown area with its eclectic dining and entertainment options or the serene suburbs that offer a more tranquil setting, there’s something for everyone. The city is also home to numerous parks, hiking trails, and golf courses, perfect for those who appreciate the great outdoors.

When it comes to housing, Phoenix offers an impressive array of homes equipped with community features designed to enhance your living experience. Many neighborhoods provide amenities such as community pools, fitness centers, and recreational areas, catering to an active lifestyle. Imagine spending your weekends lounging by the pool or enjoying a game of tennis with friends, all within the comforts of your community.

With a robust economy, excellent schools, and a thriving arts scene, Phoenix stands out as one of the most desirable places to call home. Explore the possibilities of living in this sun-soaked city, where your dream home awaits amidst a backdrop of stunning sunsets and endless opportunities. Discover Phoenix today, and experience a community that truly feels like home.

Newest Phoenix Homes with Other Community Features

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

8939 N 8th Street, Phoenix

$750,000
6 Beds 4 Baths 7058509 MLS
Four at Willetta is a stabilized, garden-style four-unit multifamily asset located in the highly desirable Biltmore/Arcadia corridor of Phoenix, Arizona. Constructed in the 1980s, the property offers a functional unit mix of two two-bedroom/one-bath units and two one-bedroom/one-bath units, catering to a broad tenant base in a high-demand rental submarket. The property has maintained 100% occupancy for nearly a decade, supported by long-term tenancy and consistent rental demand. Current in-place rents range from $1,100 to $1,350, presenting a clear value-add opportunity as market rents in the immediate area range from approximately $1,200 to $1,450. A new owner has the ability to implement a measured rental repositioning strategy to capture upside while maintaining occupancy stability. Four at Willetta is a stabilized, garden-style four-unit multifamily asset located in the highly desirable Biltmore/Arcadia corridor of Phoenix, Arizona. Constructed in the 1980s, the property offers a functional unit mix of two two-bedroom/one-bath units and two one-bedroom/one-bath units, catering to a broad tenant base in a high-demand rental submarket. The property has maintained 100% occupancy for nearly a decade, supported by long-term tenancy and consistent rental demand. Current in-place rents range from $1,100 to $1,350, presenting a clear value-add opportunity as market rents in the immediate area range from approximately $1,200 to $1,450. A new owner has the ability to implement a measured rental repositioning strategy to capture upside while maintaining occupancy stability. Each unit is equipped with central air conditioning, tile flooring, or laminate and white cabinetry, stainless steal appliances, and all units feature private backyard spaces--an amenity that differentiates the asset from competing properties and supports tenant retention. The property has undergone recent exterior capital improvements, including new paint, upgraded fencing and gates, modernized entry doors, enhanced lighting, and refreshed landscaping. All facts and figures are approximate buyer verify MLS info Owner Broker

2444 E Willetta Street Unit 4, Phoenix

$1,109,999
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

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