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$445,000
2 Beds 2 Baths 7063336 MLS
Experience the perfect blend of comfort and convenience in this fabulous single-story duplex! Discover a warm and inviting great room with wood-look flooring, neutral palette, and ceiling fans throughout, creating a bright and comfortable atmosphere. The kitchen offers subway tile backsplash, stainless steel appliances, recessed lighting, quartz counters, white cabinets, and a breakfast bar that's perfect for casual dining or your morning coffee. Have a good night's sleep in the quaint bedroom complete with a sliding door closet. Enjoy stunning mountain views from the spacious backyard. Don't let this amazing opportunity slip away! Perfect investment opportunity with tenants already in place!! Architectural plans for the extension of the property included in the sale.

1447 E Mountain View Road, Phoenix

$650,000
6 Beds 4 Baths 7059177 MLS
Great opportunity! Embrace the perfect blend of modern style and everyday comfort in this beautiful single-story duplex! Discover a desirable open floor plan filled with abundant natural light, enhanced by wood-look flooring and fresh neutral paint throughout. Upscale kitchen is designed to impress, featuring stainless steel appliances, ample white cabinetry, quartz counters, recessed & pendant lighting, and a peninsula with a breakfast bar that's ideal for casual dining or entertaining. Large main retreat provides a walk-in closet and a private bathroom with a shower & tub combo. Each unit offers 3 bedrooms and 2 bathrooms. Excellent location, close to restaurants, entertainment, and more. What are you waiting for? Make it yours before it's gone!

3753 E Polk Street, Phoenix

$435,000
4 Beds 3 Baths 7058755 MLS
hree at Taylor Located in the heart of the rapidly revitalizing Phoenix, this well-positioned triplex offers an exceptional opportunity for both investors and owner-occupants seeking strong rental demand and long-term appreciation. Situated in the desirable Garfield Historic District area, the property benefits from its proximity to downtown employment hubs, dining, arts, and entertainment. The property features one 2 bedroom and two 1 bedroom units , providing diversified income potential in one of Phoenix's most active rental corridors. Tenants enjoy convenient access to Arizona State University's downtown campus, major medical centers including Banner - University Medical Center Phoenix, and cultural attractions such as the Phoenix Art Museum. Commuting is seamless with nearby acces to the Valley Metro Light Rail, connecting residents throughout the metro area. Currently rented below markets at $925, $950 & one vacant unit Market rents are $1,050 to $1,250 Each unit offers functional layouts with comfortable living spaces, remodeled making the property attractive for long-term tenants or potential short-term rental strategies where permitted. The central location places residents minutes from downtown Phoenix restaurants, nightlife, and employment centers while maintaining the neighborhood charm of one of the city's most established districts. Whether you're expanding a rental portfolio or seeking a property with strong income potential in a high-growth urban market, this triplex presents a compelling opportunity in one of Phoenix's most desirable investment corridors. All facts and figures are approximate buyer verify MLS information

2142 E Taylor Street Unit 1, Phoenix

$715,000
9 Beds 3 Baths 7058179 MLS
Fully remodeled three-unit Phoenix investment property configured for nine individually rentable rooms and operated using the PadSplit shared-housing model. Improvements include remodeled kitchens and baths, shaker cabinetry, stone-look countertops, stainless steel appliances, wood-look flooring, recessed lighting and updated fixtures. Each unit has a separate entrance and full-size washer and dryer. At approximately $205 per room per week, gross potential income is approximately $95,202 annually. Applying a 7% vacancy allowance, projected NOI is approximately $56,185, representing a projected 7.86% cap rate at the $715,000 offering price. Located approximately one block from Valley Metro Rail. Buyer to verify all facts, figures, expenses, occupancy assumptions and PadSplit requirements. PROPERTY OVERVIEW 5038 N 18th Avenue presents an opportunity to acquire a fully remodeled three-unit Phoenix investment property configured for nine individually rentable rooms and currently operated using the PadSplit shared-housing model. The property combines the underlying value of a triplex with the potential income diversification provided by nine separate room-rental streams. The property consists of three residential units located across two buildings. Each unit has three bedrooms, a separate entrance and its own full-size washer and dryer. The room-by-room configuration allows the property to generate income from up to nine individually rentable rooms rather than depending solely upon three traditional unit leases. RENOVATIONS AND PROPERTY FEATURES The property has undergone extensive renovations designed to improve durability, functionality and overall condition. Interior improvements include remodeled kitchens with white shaker-style cabinetry, stone-look countertops, stainless steel appliances, updated hardware and modern finishes. Bathrooms have been updated with contemporary vanities, fixtures and attractive tile tub-and-shower surrounds. Additional improvements include wood-look flooring, modern baseboards, updated windows, recessed lighting, ceiling fans, updated plumbing fixtures, interior paint and neutral finishes throughout the residential spaces. Each unit offers functional common areas, updated kitchens and individual bedrooms designed to support room-by-room occupancy. Full-size washers and dryers are provided within each unit, eliminating the need for residents to share a central laundry facility. Exterior improvements include updated paint and finishes, distinctive red entry doors, separate unit access, updated windows, exterior repairs and low-maintenance desert landscaping. The combination of separate entrances and multiple residential units supports efficient property operations while maintaining separation between the three living areas. PADSplit SHARED-HOUSING CONFIGURATION The property is currently operated using the PadSplit shared-housing model. PadSplit is a technology-based housing platform that facilitates room-by-room leasing, resident screening, payment processing and other operating functions. The nine-room configuration provides more diversified revenue than a conventional triplex relying on only three rental streams. The property includes furniture and personal property associated with the room-rental operation. Prospective purchasers should review the separate Schedule of Personal Property for a complete list of items intended to convey. PROJECTED FINANCIAL PERFORMANCE Current room pricing is approximately $205 per room per week. Using an average of 4.3 weeks per month and nine rentable rooms, the property's gross potential income is approximately $7,934 per month or $95,202 annually. A conservative 7% vacancy allowance of approximately $6,664 produces projected adjusted annual revenue of approximately $88,538. Based upon owner-provided operating expenses, projected annual operating expenses at 7% vacancy are approximately $32,353. These expenses include utilities, water, sewer, trash collection, internet service, insurance, property taxes, property management and the PadSplit technology fee calculated on occupied revenue. Projected financial performance using the 7% vacancy allowance is as follows: Offering Price: $715,000 Gross Potential Annual Income: $95,202 7% Vacancy Allowance: approximately $6,664 Projected Adjusted Annual Revenue: approximately $88,538 Projected Annual Operating Expenses: approximately $32,353 Projected Net Operating Income: approximately $56,185 Projected Cap Rate: approximately 7.86% At 100% occupancy, projected annual operating expenses increase to approximately $32,886 because the PadSplit technology fee is calculated on occupied revenue. Projected NOI at 100% occupancy is approximately $62,316, representing an estimated 8.72% cap rate at the $715,000 offering price. The financial information is provided for evaluation purposes and is based upon owner-provided expenses, current room pricing and stated occupancy assumptions. Projected rents, occupancy, expenses, NOI and cap rates are estimates and are not guaranteed. LOCATION 5038 N 18th Avenue is centrally located in Phoenix's established Alhambra neighborhood, immediately north of Camelback Road. The property offers convenient access to the Camelback Road and 19th Avenue commercial corridors, Central Phoenix, Midtown, Downtown Phoenix, Grand Canyon University and Interstate 17. One of the property's primary location advantages is its proximity to the 19th Avenue/Camelback Valley Metro Rail station and park-and-ride facility, located approximately 0.2 miles away. The station is within walking distance and is served by Valley Metro's B Line. The B Line provides direct service to North Phoenix, Midtown, Downtown Phoenix and South Phoenix. Riders can transfer at the Downtown Phoenix Hub to the A Line for connections to Phoenix Sky Harbor International Airport, Tempe and Mesa. Bus service is also available along 19th Avenue and Camelback Road, providing additional transportation options throughout Central Phoenix. Interstate 17 is approximately one mile west of the property and provides regional connectivity to Downtown Phoenix, Interstate 10, Loop 101, the West Valley and North Phoenix. AREA AMENITIES The surrounding neighborhood provides access to grocery stores, restaurants, coffee shops, pharmacies, banks, fitness centers, medical services and other daily necessities. The Camelback Road, Bethany Home Road, 19th Avenue and Central Avenue corridors offer a combination of national retailers, locally owned businesses and neighborhood services. Nearby recreational, educational and cultural destinations include Uptown Plaza, the Central Avenue dining corridor, the Melrose District, Steele Indian School Park, Encanto Park, Encanto Golf Course, Phoenix College, Grand Canyon University, Phoenix Art Museum, Heard Museum and Roosevelt Row Arts District. Entertainment and sporting destinations accessible by vehicle or light rail include GCU Arena, Mortgage Matchup Center, Chase Field, Arizona Financial Theatre, The Van Buren, Phoenix Convention Center and Downtown Phoenix's restaurants, entertainment venues and cultural attractions. EMPLOYMENT CENTERS The property is positioned near several of Central Phoenix's major employment centers. Grand Canyon University is located approximately two miles west of the property. Banner Health's corporate offices, Banner-University Medical Center Phoenix, Phoenix College and numerous government, financial, healthcare, hospitality and professional-service employers are located throughout Midtown and Downtown Phoenix. Other significant employment centers include the City of Phoenix, State of Arizona, Maricopa County, Phoenix Union High School District, the Maricopa County Community College District and Phoenix Sky Harbor International Airport and its supporting employers. The combination of walkable light-rail access, nearby bus routes, major arterial streets and convenient freeway connectivity supports access to employment, education, healthcare, shopping and entertainment destinations throughout the Phoenix metropolitan area. BUYER VERIFICATION Buyer shall independently verify all information considered material to the purchase, including but not limited to rents, room rates, occupancy, operating expenses, utility responsibilities, property management costs, PadSplit fees and requirements, zoning, permitted uses, licenses, building measurements, bedroom count, square footage, condition, personal property, financial projections, NOI and cap rates. Seller and listing broker make no representation or warranty regarding future income, occupancy, operating results or continued eligibility for any third-party housing platform.

5038 N 18th Avenue, Phoenix

$749,999
7057876 MLS
PRICE IMPROVEMENT Motivated Seller Great investment opportunity! This fully renovated triplex features two 2-bedroom, 1-bath units and one 3-bedroom, 2-bath unit. All units were updated in 2025 with new flooring, cabinets, countertops, white appliances, bathrooms, and lighting fixtures. All three units are tenant occupied and producing income, making this a turnkey investment. One of the tenants are Section 8 tenants, providing reliable rental income. The property features low-maintenance landscaping, ample private parking, and separately metered electric for each unit. Located on R-5 zoning and registered as a multifamily parcel, this property is separately parceled as a triplex, allowing for residential financing. An excellent opportunity for investors seeking a renovated, cash-flowing property in Phoenix

1101 E Roosevelt Street, Phoenix

$384,999
3 Beds 2 Baths 7047080 MLS
Turnkey duplex with strong cash-flow potential! Whether you're looking for a long-term rental, short-term rental, or house-hack opportunity, this fully renovated duplex is ready to generate income from day one. Ideally located in the heart of Phoenix with convenient access to Downtown, major freeways, restaurants, shopping, parks, and entertainment, this property offers excellent rental appeal. Extensive upgrades include a newer roof with Low-E thermal insulation, less than one-year-old A/C units, and blown-in R-30 fiberglass insulation. Situated on a large lot, the property may offer future expansion potential, including the opportunity to explore adding two additional units, subject to zoning, permits, and City approval. This move-in-ready duplex is a low-maintenance investment.

2314 E Garfield Street, Phoenix

$3,180,000
24 Beds 24 Baths 7030971 MLS
Positioned at 16th St & Campbell Avenue, this portfolio presents a rare opportunity to acquire 12 well located 2-bedroom, 2-bathroom condominium units in the heart of Phoenix's prestigious Biltmore corridor. Located just a short walk from the AZ Biltmore and surrounded by premier shopping, dining, golf, and outdoor recreation, the property offers investors a highly desirable location w/enduring tenant appeal. *The offering consists of 11 units w/2-beds, 2-baths w/852 sf in the 85016 zip code, along w (1) additional 2-bed, 2-bath unit w/896 sf in the 85015 zip code. Residents benefit from a professionally managed HOA that handles the exterior maintenance, roof repairs, sewer service, trash collection and common area maintenance. Inquire within for the ''Offering Memorandum''. OWNER CARRY!

1718 E Campbell Avenue Unit Multi#, Phoenix

$3,400,000
36 Beds 288 Baths 7030825 MLS
Melrose on 5th is a 12-unit multifamily community located in the highly sought after Melrose District. Originally built in 1961, the asset went through extensive repositioning in 2016 and features a rare mix of (12) 3-bedroom, 2-bathroom floor plans measuring approximately 1,200 square feet each. Unit interiors are all upgraded and feature washer/dryers, fully equipped kitchens with dishwashers and built-in microwaves, stainless steel appliances, faux vinyl wood flooring, and modernized bathrooms. Exterior amenities include gated access entry ways, charcoal barbeque grills, resort-style swimming pool, covered parking, and low maintenance desert landscaping. Great opportunity opportunity to acquire a well-maintained, renovated asset within one of Phoenix's strongest urban infill corridors.

3611 N 5th Avenue, Phoenix

$749,000
6 Beds 6 Baths 7022329 MLS
Experience modern living in this innovative 2024 duplex, crafted from high-quality shipping containers. This home is currently a short-term rental. Income docs are available. Its sleek industrial charm merges with contemporary aesthetics, boasting 3 bedrooms, 2.5 bathrooms, and 1442 sq ft per unit. Enjoy engineered wood floors, fully spray-insulated walls, and a spacious layout spread over two stories. The open-plan first floor seamlessly integrates the living area and kitchen, while upstairs, three generously sized bedrooms and two bathrooms are flooded with natural light. Outside, landscaped grounds offer ample space for Arizona outdoor living. This eco-friendly property pioneers sustainable design, offering a unique opportunity to embrace the future of residential living.

9624 N 16th Avenue, Phoenix

$599,900
6 Beds 3 Baths 6996997 MLS
Located minutes from Downtown Phoenix, this well-maintained triplex in Phoenix, Arizona offers a great investment opportunity with strong rental potential. Each of the three units features approximately 900 sq ft, 2 bedrooms and 1 bathroom, high ceilings, and recently remodeled interiors that create a bright, modern feel. Residents can enjoy mountain views along with the convenience of two dedicated parking spaces per unit. The property also offers easy access to major freeways, shopping, dining, and employment centers, making it attractive for long-term tenants. With its updated units, functional layouts, and desirable central location, this triplex is ideal for investors looking to grow their portfolio in one of Arizona's most in-demand rental markets.

9027 N 11th Street, Phoenix

$324,888
4 Beds 2 Baths 6995443 MLS
Live Smart. Build Wealth. Create Space for Everyone. Welcome to this well-maintained duplex in the established Idle Ease community near Mountain View & 19th Ave, a rare opportunity to start homeownership at an affordable price while keeping your options wide open. Each 2-bedroom, 1-bath unit offers bright living spaces with large picture windows, ceiling fans, and easy-care tile flooring in the main areas. Functional kitchens include electric ranges, built-in microwaves, ample cabinetry, and room to make it your own. Neutral bedrooms and private patios give each unit a comfortable, independent feel. With a Walk Score of 66 and Bike Score of 74, you're connected to everyday essentials, dining, and transit, making life convenient without sacrificing neighborhood charm. This property is ideal for today's millennial buyer thinking long-term. Live in one unit and rent the other to help offset your mortgage. Or create space for multigenerational living, parents, siblings, or extended family, while maintaining privacy and independence. Share expenses. Build equity. Grow together. No HOA. Solid masonry construction. Income potential built in. This isn't just a duplex. It's a strategic first step toward stability, flexibility, and financial momentum.

9602 N 18th Avenue, Phoenix

$305,000
4 Beds 2 Baths 6987999 MLS
Unlock the potential of this versatile duplex, perfectly suited for investors, house hackers, or multi-generational living! Nestled on a generous 10,000+ sqft lot with mountain views & next to Mountain View Park, this property offers opportunity & convenience. Both units are currently occupied, generating a rent roll of $900 per unit. While the dwelling needs some TLC, it boasts spacious front and private backyards, ideal for outdoor fun or future upgrades. Each unit features a porch, a living/dining room, tile flooring, a kitchen with breakfast nook, two bedrooms, and a full bath. This is your chance to build equity, customize to your vision, and maximize value in a well-established area! Appraised for $345K last year! Close to schools, restaurants, shops, and the I-17, this location makes daily life a breeze.

740 W Cinnabar Avenue, Phoenix

$790,000
8 Beds 4 Baths 6951436 MLS
Discover an exceptional investment opportunity in the heart of Central Phoenix! This well-maintained four-plex, built in 2003, features four identical 2-bedroom, 1-bath units, each offering approximately 797 sq ft of thoughtfully designed living space. Inside, each unit showcases modern kitchens with built-in appliances and wood cabinetry. A soothing color palette and durable tile flooring create a clean, cohesive look that appeals to long-term tenants. The property also offers ample on-site parking and easy-care desert landscaping, making it simple to maintain. Ideally located just minutes from the light rail, schools, shopping, popular dining, and major freeways, this property delivers both convenience and strong rental demand. Owner currently pays water, sewer, and trash, while . . . Tenants pay electricity, keeping operating expenses predictable. This is a rare chance to secure immediate cash flow with excellent future value in one of Phoenix's most sought-after rental markets. Drive-by only,  please do not disturb tenants. No sign on the property.

7549 N 21st Avenue, 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.