Refine Search
Sort by
$949,000
7022517 MLS
Very charming and quiet mid-century apartment community in midtown Phoenix situated just north of the Phoenix country club features a garden style four-unit building and a beautiful two-bedroom home (separate listing) surrounding a lush green community courtyard! The apartment units have been meticulously upgraded with beautiful flooring, tiling, paint, appliances, ceiling fans and lighting. An array of improvements and enhancements on this stunning property have created an environment where tenants typically remain for a long time! Ideal set-up for someone who wants to reside in the mid-century home while renting the units out. Or perfect AirBnB! This one's truly a gem in a fantastic location near light rail, Biltmore and downtown!

3515 N 12th Street, Phoenix

$749,000
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

$974,999
7020709 MLS
Huge opportunity to own a 4-plex investment property in a prime location! Situated in the rapidly growing and highly desirable central Phoenix area near the Downtown, Midtown, and Encanto Corridors, this is an exceptional opportunity for long-term wealth creation and strong rental demand. With no HOA fees, operating costs stay lower and returns stronger. The property features four well-maintained units, each offering 974 sq ft with 2 bedrooms and 2 bathrooms. One unit has been recently remodeled, with another currently undergoing renovations. Two units are currently leased below market rents, while two units are vacant during the remodel process, creating immediate upside potential. Strong value-add opportunity with projected rents of $1,450-$1,700 per month based on nearby comparable properties. Centrally located property just minutes from downtown phoenix with convenient freeway access and strong rental potential. Situated in an established neighborhood with a mix of resident and investment properties.

3422 N 12th Place, Phoenix

$845,000
7020424 MLS
Exceptional investment opportunity in the heart of Central Phoenix. Ideally situated near the Biltmore Area and Downtown Phoenix, this gated triplex offers strong in-place income with zero vacancy and modernized interiors throughout. The property features two 1 bed / 1 bath units and one 2 bed / 1 bath unit, all thoughtfully updated while maintaining a touch of mid-century character. Tenants enjoy a private, lushly landscaped courtyard, along with semi private patios for each unit, creating a unique community-oriented living environment. Additional highlights include covered parking for three vehicles plus 3 uncovered spaces, multiple storage areas, and a shared laundry room with washer and dryer included. Each unit is separately metered for gas and electric and equipped with its own separately metered for gas and electric and equipped with its own HVAC system and water heater, minimizing owner expenses and simplifying management. Ideal for investors seeking stable cash flow, with future flexibility. Potential owner-occupant opportunity available as early as July. These opportunities do not come up often!

4514 N 14th Place, Phoenix

$739,000
4 Beds 2 Baths 7017676 MLS
**Rare Dual-Residence Property | Two Private 2BR Homes | Fenced Yards | No HOA** One property, endless possibilities. Set on an oversized corner lot in one of Central Phoenix's most established neighborhoods, this beautifully maintained dual-residence property offers a rare combination of privacy, flexibility, and long-term value. Each of the two thoughtfully designed 2-bedroom, 1-bath residences enjoys its own private entrance, fully fenced yard, and outdoor living space, creating an experience that feels remarkably independent while offering the convenience of one property. Whether you're bringing generations together while preserving personal space, creating the ultimate work-from-home environment, or living in one residence while offsetting costs with the other.. this is the one!! Step inside the gates and discover mature shade trees, lush landscaping, and inviting outdoor spaces that create a peaceful atmosphere rarely associated with such a central location. It's a home best experienced in person, where the thoughtful layout and surprising sense of peaceful privacy immediately set it apart. Plenty of private, covered off-street parking adds to the value of this special property. For investors, the appeal is equally compelling. Rather than a traditional apartment-style duplex, this unique property offers two residences with the privacy and outdoor space today's long-term or short-term tenants increasingly value. The result is a property positioned to appeal to both owner-occupants and renters seeking the comfort and feel of a home. Located just minutes from the Melrose District, Uptown Phoenix, Downtown, top-rated restaurants, shopping, and major employment centers, you'll enjoy exceptional convenience without sacrificing the character of an established neighborhood. Properties offering this level of flexibility are increasingly uncommon. Whether your vision is multi-generational living, supplemental rental income, a private home office, or a long-term investment with multiple paths forward, 548 & 550 W. San Juan Avenue delivers an opportunity unlike anything else on the market.

548 & 550 W San Juan Avenue, Phoenix

$985,000
8 Beds 5 Baths 7015971 MLS
Welcome to a truly exceptional and rare real estate opportunity! Single story 4 bed/3 bath mainhome with 2 additional detached rental units on property. Don't miss your chance to acquire this fully remodeled, permitted triplex-a property that defines 'turnkey' and offers income-generating potential. Whether you're the Savvy Investor looking for a remodeled, clean income-generating property or a Smart Owner-Occupant that lives in a 4-bed main house and rents out rental units to offset the mortgage. 27th Street is a Money Maker in multiple ways. The main house yard is large enough to build even more if desired. Each unit has its own private yard, entrance, and parking. This prime location provides easy access to Phoenix Downtown, Airport and Shopping.

2221 N 27th Street, Phoenix

$395,000
7015927 MLS
This is your chance to own a renovated, well maintained duplex in the North Mountain area of Phoenix featuring two fully upgraded 2 bedroom, 1 bathroom units, each with private yards, laundry, and mountain views. Live in one unit and rent out the other. Both units offer spacious layouts with newer kitchens and baths, in-unit laundry rooms with washer dryer, ample storage, private gated yards, and off-street parking. Recent upgrades include a new roof (2023), updated flooring, dual pane windows, quartz countertops, plumbing, electrical, and newer central AC with ducting. Large lot with alley access offers potential for additional parking or future ADU. Close to hiking trails, dining, & new development. One unit delivered vacant. Occupied back unit back unit rented at $1308.

10839 N 15th Avenue N, Phoenix

$600,000
6 Beds 3 Baths 7014247 MLS
DO NOT DISTURB TENANTS!!! 48HR MIN NOTICE. LANDLORDS HAVE CONTINUOUSLY IMPROVED THE PROPERTY SINCE THEY'VE OWNED THEM. ASK FOR A LIST OF UPDATES. PERFECT FOR OWNER OCCUPANCY ON ONE AND RENT THE OTHER 2; AS THE LEASES ARE EXPIRING IN JUNE. PLEASE NOTE THAT THE TENANTS WOULD LOVE TO EXTEND THEIR LEASE AS THEY HAVE BEEN LOYAL RENTERS. THESE ARE 2 SEPARATE BUILDINGS. THE FRONT BUILDING IS A STAND ALONE UNIT AND A LITTLE LARGER. THE REAR BUILDING HAS 2 ATTACHED UNITS. EACH OF THE 3 UNITS HAS 2 BEDROOMS & 1 BATH ALONG WITH A COVERED PARKING SPOT, STORAGE/LAUNDRY ROOM & A GENEROUS SIZED BACK YARD. THESE BUILDINGS ARE SOLID SLUMP BLOCK BUILT THAT ARE IN GREAT CONDITION THAT CAN CONTINUE TO STAND THE ARIZONA HEAT WITH PROPER CARE & MAINTENANCE FOR A LONG LONG TIME!

1615 W Desert Cove Avenue, Phoenix

$759,000
7014168 MLS
Fully renovated 3-unit apartment community located in the desirable East Phoenix Submarket. Originally built in 1961, the property has undergone comprehensive interior + exterior upgrades, positioning it as a turnkey investment in a strong rental submarket. Interior upgrades include in-unit GE washer/dryer, quartz countertops, laminate wood-style flooring, brand-new shaker-style cabinetry, and walk-in tile showers. Exterior improvements include fresh paint, new asphalt, updated landscaping, and the addition of perimeter fencing and turf, enhancing curb appeal and while minimizing future capital needs. Each unit is currently fully vacant, providing a great opportunity for either an owner-occupant or investor to immediately implement a tailored leasing strategy. Owner/Agent

3020 E Yale Street, Phoenix

$900,000
7013792 MLS
FULLY REMODELED UNITS! This multi-family property presents a strong, turnkey investment opportunity with immediate and reliable cash flow. The asset consists of four units, including two 2 bedroom 2 bath units and two 1 bedroom 1 bath units, offering a desirable unit mix that attracts a broad tenant base. Each unit has been thoughtfully upgraded with modern finishes, minimizing near term capital expenditures and reducing ongoing maintenance concerns. The 2 bedroom units average approximately 850 square feet, while the 1 bedroom units offer around 700 square feet, providing efficient and highly rentable layouts. The property delivers excellent income performance, with all units renting at 1,200 per month, creating consistent and predictable revenue. This makes it an ideal opportunity investors seeking stable cash flow, strong rental demand, and a low maintenance asset. With its combination of renovations, solid in place rents, and appealing unit mix, this property is well positioned for long term appreciation and continued income growth.

2925 N 38th Street, Phoenix

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

314 W Roosevelt Street, Phoenix

$3,895,000
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

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

1317 W Monroe Street, Phoenix

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

1021 E Fairmount Avenue, Phoenix

$599,900
7 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

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.