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$364,900
2 Beds 2 Baths 7069355 MLS
Excellent multifamily opportunity in the Oakland Historic District near Downtown Phoenix. This duplex features two 1 bedroom / 1 bathroom units, each offering 525 square feet with hardwood floors and functional living space. Both units include their own washer and dryer on separate sides of the building, providing added convenience for residents. The property is fully fenced with parking inside the fencing and sits on a generous 6,375 square foot lot with a large backyard. Additional property features include individually metered electricity, concrete tilt-up frame construction, and R-5 zoning with county multifamily high-density zoning. Conveniently located near Downtown Phoenix, ASU Downtown, light rail, and area amenities, this property offers strong rental appeal and excellent long term investment potential.

1513 W Taylor Street Unit A and B, Phoenix

$642,500
4 Beds 4 Baths 7067660 MLS
1625 W Fillmore St is a 4-unit property being sold together with the parcel next door at 1629 W Fillmore St, for a combined 8-unit transaction. All units are 1-bed/1-bath, individually metered for electric, and 100% occupied. 1625 was rebuilt in 2023 with permits, including new roof, HVACs, electrical panels, and sewer line. 1629 features three units with updated kitchens and appliances plus two new HVAC systems. Value-add opportunity to increase rents to market rate on the next turn of leases. Laundry facility on-site & covered parking for each unit. Centrally located near Downtown Phoenix, ASU's Downtown campus, and the Roosevelt Row Arts District, with easy access to I-10 and I-17 and minutes from Sky Harbor Airport.

1625 W Fillmore Street, Phoenix

$642,500
4 Beds 4 Baths 7067657 MLS
1629 W Fillmore St is a 4-unit property being sold together with the parcel next door at 1625 W Fillmore St, for a combined 8-unit transaction. All units are 1-bed/1-bath, individually metered for electric, and 100% occupied. 1625 was rebuilt in 2023 with permits, including new roof, HVACs, electrical panels, and sewer line. 1629 features three units with updated kitchens and appliances plus two new HVAC systems. Value-add opportunity to increase rents to market rate on the next turn of leases. Laundry facility on-site & covered parking for each unit. Centrally located near Downtown Phoenix, ASU's Downtown campus, and the Roosevelt Row Arts District, with easy access to I-10 and I-17 and minutes from Sky Harbor Airport.

1629 W Fillmore Street, Phoenix

$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

$155,000
7058312 MLS
This prime vacant lot presents an exceptional investment and development opportunity in a highly desirable downtown location. Zoned R-4, the property offers outstanding flexibility for a variety of residential projects, including single-family homes, townhomes, duplexes, and multi-family developments (subject to city approval). With its central location providing convenient access to shopping, dining, entertainment, schools, and major transportation routes, this parcel is perfectly positioned to meet the growing demand for housing in the area. Whether you're a builder, developer, or investor seeking your next project, this property offers tremendous potential and value. Competitively priced to sell--don't miss this rare opportunity to secure a versatile development site in the heart of downtown.

1714 W Hadley Street Unit 21, Phoenix

$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

$799,900
8 Beds 4 Baths 7056928 MLS
Words can't fully capture the value of this impeccably maintained four-plex, where pride of ownership is evident throughout. Ideally situated in a highly desirable rental community, this property offers both stability and long-term upside for any investor. Each of the four units features a 2-bedroom, 1-bath layout with 926 square feet, providing comfortable and functional living spaces that remain in high demand. Three units are currently occupied, delivering immediate cash flow, while Unit #4 is vacant and available to show. Each unit includes French doors leading to a spacious front deck or patio area, creating a welcoming indoor-outdoor feel. The downstairs units enjoy private fenced yards, a rare amenity that enhances tenant appeal.

3823 N 23rd Drive, Phoenix

$3,340,000
28 Beds 196 Baths 7045894 MLS
Built in 1967 and renovated in 2019, Villa Siena is entirely comprised of two-bedroom, one-bathroom floorplans. The clean, modernized interiors have been renovated with stainless steel appliances, quartz countertops, new shaker cabinets, wood-style vinyl flooring, and in-suite individual washers and dryers. Each unit also features a spacious private backyard and two tandem covered parking spots offering each resident direct access to their adjacent unit. Future ownership has the opportunity of capitalizing on the ability to acquire a turn-key asset in a top-tier location at a basis significantly lower than the relevant comp-set. 14-units | All include private back yards, in-suite laundry and direct access tandem covered carports.

3141 N 37th St Street, Phoenix

$999,000
8 Beds 8 Baths 7045461 MLS
Mountain View 8 Units consists of six one-bedroom/one-bathroom units and two studio units, offering investors a strong cash-flowing multifamily opportunity in North Central Phoenix. Built in 1987, the property features two-story wood-frame construction with a flat roof. Recent capital improvements include new mini-split HVAC systems in all units and various interior upgrades. The property is 100% occupied and generates $8,325 per month ($99,900 annually) in gross rental income. Investors can benefit from immediate cash flow with additional upside through light cosmetic improvements and rental growth. The parcel located directly in front of the property is also included in the sale, providing added value and future potential.

9648 N 12th Avenue, Phoenix

$850,000
6 Beds 50 Baths 7045330 MLS
204 E Hatcher Road presents a rare opportunity to acquire a well-maintained duplex in a strong North Central Phoenix location. Built in 2006, the property features two spacious 3-bed/2.5-bath units averaging approximately 1,788 square feet each, offering the feel of a single-family home with the convenience of rental living. Currently occupied by strong government-subsidized tenants paying $2,772 per month, each unit includes an attached two-car garage, private backyard, in-unit washer & dryer, and individually metered utilities, including water. Located in a desirable pocket of Sunnyslope near North Mountain Park & Preserve, HonorHealth John C. Lincoln Medical Center, shopping, dining, & major employment corridors, the property offers strong appeal for both investors and owner-occupants.

204 E Hatcher Road, Phoenix

$439,000
7044349 MLS
SHOVEL-READY PERMIT-READY 6-UNIT DEVELOPMENT ON CENTRAL & EUCLID. Skip the 12-month Phoenix plan-review backlog & break ground immediately. Premium infill package includes real estate wrapped with 100% City of Phoenix approved horizontal civil engineering plans & approved vertical architectural drawings for 3 premium duplexes (6 units total). High-density layout optimized for max buildability and rental/retail exit velocity. Located in a booming corridor with rapid access to downtown. Total package price includes full civil, architectural intellectual property. Plans are fully finalized, stamped, & ready for the builder to pay permit issuance fees and start vertical day one. Perfect for builders or 1031 exchange. POF required for full plan release. Buyer to Varify.

2 E Euclid Avenue Unit 226, Phoenix

$610,000
8 Beds 8 Baths 7040397 MLS
Exceptional fully occupied 4-plex in North Central Phoenix offering a highly desirable unit mix of four 2-bedroom, 2-bath units. Designed for tenant appeal, each residence features spacious modern layouts, private outdoor living areas, full-size kitchen appliances, and in-unit laundry. Three units have been recently renovated with updated flooring, fresh paint, and upgraded bathroom fixtures. Operating expenses are streamlined, with tenants paying their own electricity, water, and cable, while HOA dues cover sewer, trash, landscaping, security services, common area maintenance, and pool amenities. Recent capital improvements--including exterior painting, newer HVAC units, and new water heaters--help minimize future maintenance costs. Ample parking includes four covered spaces per building.

2832 E Le Marche Avenue, Phoenix

$299,900
11 Beds 60 Baths 7037076 MLS
Excellent value-add multifamily investment opportunity located in the growing Central Phoenix market. This unique 4-unit property offers strong income potential with major renovation work already completed, making it an ideal opportunity for investors looking to finish the final touches and maximize returns. The property consists of: Front Unit: Spacious 3 Bedroom / 2 Full Bathroom unit with in-unit laundry room Rear Unit 1: 1 Bedroom / 1 Bathroom Rear Unit 2: 2 Bedroom / 1 Bathroom Rear Unit 3: Studio unit Each rear unit has its own private entrance, creating privacy and flexibility for tenants. The majority of the interior renovation work has already been completed. Additional planned upgrades include: Brand new electrical system installation New HVAC systems New ap New hot water heaters Seller plans to complete the remaining improvements prior to closing for an additional negotiated price, providing buyers flexibility to either purchase as-is or receive a near turn-key finished product. The property includes parking for approximately 3 vehicles onsite, along with additional street parking availability. This is a great opportunity for an investor or owner-operator to take over a nearly completed project and add the final cosmetic and operational touches. Estimated total rental income is projected to exceed $4,000 per month once fully stabilized. Conveniently located near Downtown Phoenix, major freeways, employment centers, dining, shopping, and public transportation, this property benefits from strong rental demand and continued area growth. Priced to sell quickly. Excellent opportunity for investors seeking cash flow, appreciation potential, and value-add upside. Buyer to verify all facts, figures, measurements, zoning, permits, and projected rental income.

1220 S 10th Avenue, Phoenix

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