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$700,000
7038723 MLS
Welcome to Three at Bumbalow - A Rare Triplex Investment in the Heart of Central Phoenix! Three at Bumbalow presents a unique opportunity to own a recently upgraded triplex in one of Phoenix's most sought-after and rapidly developing neighborhoods. Ideally located near downtown, major freeways, and light rail access, this property is perfect for investors seeking strong rental income or owner-occupants looking to live in one unit while renting out the others. This well-maintained property was renovated in 2023 and features three individual units: Two units with 2 bedrooms and 1 bathroom each, and One larger unit with 3 bedrooms and 2 bathrooms. Each unit has its own private entrance and offers a functional floor plan designed for comfortable living. A nice side yard adds outdoor space and potential for further enhancements, such as communal gathering areas or added amenities. Each unit is equipped with washer and dryer hookups. All the washers, dryers, and refrigerators are included in the sale and convey. The property is currently self-managed, which keeps operating costs low. This triplex is perfect for both seasoned investors and first-time multifamily buyers looking to enter the market with a well-located, income-producing asset. The units are currently rented at $2,863, $1,550, and $1,985 per month, respectively. Whether you're looking to expand your real estate portfolio, complete a 1031 exchange, or live in one unit while earning passive income from the others, Three at Bumbalow offers flexibility, stability, and upside in a prime Central Phoenix location.

2223 E Roosevelt Street, Phoenix

$765,000
7037654 MLS
Opportunities like this are genuinely rare in central Phoenix. Situated on a nearly 8,000 square foot lot in the heart of the Encanto neighborhood, this property offers two fully separate homes, a 3-bedroom, 2-bath main house and a 4-bedroom, 2-bath guest house, each with its own living space, garden, kitchen, and entrance. Live in one and let the other help carry the mortgage. House extended family. Or lease both. The lot gives you options that most properties simply cannot. Current tenants are month to month and interested in signing year long leases. Both houses have private fenced yards with their own private grassy outdoor spaces. The front house carries the charm of its 1940 bones while delivering the comfort of a fully updated home, with granite counters, in-unit laundry, and a layout that lives larger than the square footage suggests. The back house 4 bed 2 bath is newly built in 2022 and ready for occupancy with master suite, granite counters, large bedrooms and an open floor family room and kitchen. Two homes. One address. An income stream built in from day one. The location makes both homes remarkably easy to rent and even easier to love. Downtown Phoenix is minutes away, putting Chase Field, Footprint Center, the arts district, and the city's best restaurants within a short drive or rideshare. Phoenix Children's Hospital is right around the corner, making this address a natural fit for traveling medical staff or a generational family home. There are so many options to make this property work for you!

1911 E Harvard Street, Phoenix

$572,500
7037205 MLS
Investor Special! This duplex offers 2 bedrooms, 2 bathrooms, and a 2 car garage, conveniently located near the downtown area with easy access to I-17. The property has been recently updated and sits in a high-demand location experiencing significant growth. Enjoy proximity to all that downtown Phoenix has to offer, including top restaurants, shopping, entertainment, and stadiums. An added bonus includes RV parking with a separate electrical meter, creating potential for extra rental income. This is an excellent opportunity to add to your rental portfolio, flip, or buy and hold for long-term appreciation. Please note, the property is tenant occupied--do not disturb tenants.This home qualifies for a limited-time lender-paid 2-1 buydown-- reduced monthly payments for the first 2 years years at no cost to the buyer or seller.

1802 W Sherman Street, Phoenix

$325,000
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

$889,000
5 Beds 5 Baths 7036877 MLS
4-unit apartment community. The front house was originally constructed in 1905, while the triplex was built in 1984 using block masonry. The property was extensively renovated in 2023, with approx $62,500 per door in capex per unit. Each unit is equipped with new in-suite washer and dryer. Upgrades include new roof, flooring, cabinets, countertops, ac units and hot water heaters for triplex, stainless steel appliances, and more. The community features a desirable mix of (1) 2-bed, 2-bath single-family home and (3) 1-bed, 1-bath units, all thoughtfully updated with modern finishes. Each unit is equipped with its own exterior storage space, private backyards and in-unit washer and dryers, and residents enjoy dedicated parking for added convenience. Each unit indiv. metered for electricity.

2709 E Willetta Street Unit FRNT, Phoenix

$1,599,000
7035981 MLS
The Chadley at Madison Park is a 5-unit multifamily community originally built in 1958 and comprehensively renovated in 2026.Interior upgrades include updated electrical panels, new plumbing, full cosmetic renovations, and new in-unit washers and dryers. Exterior improvements include a new roof, new sewer lines, new water lines, new HVAC systems, and new water tanks. The unit mix consists of (4) two-bedroom/one-bathroom units and (1) three-bedroom/two-bathroom home, appealing to families and long-term tenants alike. Each residence features a large private backyard and a dedicated carport and outdoor space that is increasingly rare in the submarket. Ideally positioned directly across from Madison Park and Madison Park Middle School and just minutes from shopping, dining, and entertainment

4323 N 13th Place, Phoenix

$999,000
7034814 MLS
Rare Uptown Phoenix 4plex+ compound on one lot that runs from Coolidge to Highland. 4 units/3 buildings: 746 W Coolidge W (3 bed/2b)-1150 sf-$1500R); 746 W Coolidge E (1 bed/Studio-700 sf-$800R); 746 W Coolidge Middle House (2 bed/1b-900 sf-$1500Pro); & 915 W Highland House (3 bed/2 b-1250 sf-$1800R). 17557 sf lot (R3, runs f/ street-to-street). BONUS: 1800 +/- sf workshop attached to middle house. Huge commercial-grade steel carport. 4 big storage units. Many recent upgrades. Potential to add density or split into two lots. Opp Zone. Prime location! .5 m to Melrose District; .8 m to Brophy High School; 1.1 m to Uptown Plaza; & 3+ m to Biltmore. 6.2 cap pro forma w/ very high long-term upside. Under $250/sf-highly competitive. Many possibilities. Sold as-is. DND tenants. Unique place!

746 W Coolidge Street, Phoenix

$725,000
7034464 MLS
Beautifully updated 3-unit triplex in the desirable Encanto neighborhood! This income-producing property at 2336 N 11th St offers excellent curb appeal with distinctive white block construction and mature palm trees. All units feature recent renovations including luxury vinyl plank flooring, white shaker cabinets, granite countertops, stainless steel appliances, ceiling fans, and updated bathrooms. Unit A: 3BD/2BA - Leased at $1,395/mo through March 2027 Unit B: 3BD/3BA - Vacant and move-in ready Unit C: 2BD/1BA - Leased at $1,250/mo through August 2026 Strong cash-flow potential with two stable tenants in place. Ideal for investors or multi-generational living. Great location near Coronado Historic District, parks, dining, and easy freeway access. Turnkey opportunity in central P

2336 N 11th Street, Phoenix

$505,000
7034029 MLS
Welcome to your new home in the heart of Mesa, Arizona! This beautifully maintained duplex offers the perfect blend of comfort and convenience, featuring 2 spacious bedrooms and 1 modern bathroom in each unit. Property is currently occupied with strong leases into 2027! Key Features - 2 Bedrooms, 1 Bathroom per Unit: Enjoy ample space with well-appointed bedrooms that provide plenty of natural light and comfort. - AC Units a Few Years Old Stay cool during the warm Arizona summers with air conditioning units that are just a few years old, providing reliable comfort for years to come. - Private Back Yards: Each unit boasts its own private backyard, perfect for outdoor relaxation, gardening, or entertaining guests. Enjoy your own personal oasis

4612 E Camino Street, Mesa

$959,000
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
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
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

$629,999
7032228 MLS
Check out this cash flowing low maintenance fourplex even at today's rates. Complex is located near mostly residential homes near elementary school and within 5 miles of downtown Phoenix. All units have white shaker cabinets, 2 units remodeled with quartz countertops, shaker cabinets and vinyl plank and wood tile flooring, & stainless-steel appliances. 1 unit partially upgraded unit with Quartz countertops, and shaker cabinets. 2 units have new A/C units & water heaters that have been replaced in the last 3 years. 1 A/C unit has a new motor. All of the units have ceiling fans throughout. Recently painted exterior. Units are individual metered for electricity. Units fully occupied, but 1 unit comes up for renewal in July if you want to occupy one or rehab for higher rent. Owner/ Agen

1001 N 32nd Avenue, Phoenix

$1,290,000
8 Beds 8 Baths 7031957 MLS
6.55 Cap Rate!!! Located in the heart of central Phoenix, 1001 North 9th Street presents an outstanding multifamily investment opportunity featuring eight well-positioned studio apartment units in one of the city's most rapidly evolving urban neighborhoods. This charming eightplex offers a strong blend of steady rental demand, functional unit layouts, and prime proximity to downtown Phoenix amenities. Each studio apartment is thoughtfully designed to maximize efficiency and comfort, appealing to tenants seeking affordable urban living with convenient access to employment centers, dining, entertainment, public transit, and nearby freeway connections. The property's classic character and practical configuration make it an attractive asset for both seasoned investors and owner-operators.

1001 N 9th Street, Phoenix

$625,000
7030749 MLS
Investor special with strong upside potential! This triplex was previously a 4-plex and could be converted back. Two of the units are in need of repairs and some updating, but offers an excellent opportunity for investors, flippers, or buyers looking to add value. The property is on a corner lot with a 4 bedroom/2 bath unit which has been remodeled and updated with stainless steel appliances, updated countertops and laminate wood floor. Two additional units with 2 bedrooms/1 bath. Tons of room for parking and enormous back yard.with a shed. Security cameras are included on each unit. Also includes leased solar panels. Some deferred maintenance throughout -- being sold as-is. Great chance to rehab and increase rents. No HOA! Seller willing to payoff solar panels with the right offer!

10226 N 15th Avenue, Phoenix

$1,199,500
7030100 MLS
Discover modern living in this stunning newly built two-story duplex located in the desirable Camelback East neighborhood. This exceptional duplex home features three spacious bedrooms with expansive walk-in closets and two and a half elegant bathrooms showcasing high-end finishes on each unit. The open-concept layout seamlessly connects the gourmet kitchen to the living areas, perfect for entertaining guests or family gatherings. Step outside to a large backyard ready for your personal design, offering endless possibilities for landscaping and outdoor enjoyment. Built with top-tier materials and meticulous craftsmanship, this duplex also includes a convenient garage per unit for added accessibility and security. Don't miss the chance to make this beautiful space your own!

920 E Pasadena Avenue, Phoenix

$575,000
7029561 MLS
INCOME PRODUCING SETUP, 2 KITCHENS, DETACHED 2 STUDIO UNIT GUEST HOUSE, DOWNTOWN MESA Investor-focused opportunity with a remodeled main residence and detached 2 studio unit guest house designed for flexible occupancy and multiple income streams. Property layout supports long-term rental, short-term rental, live/work use, shared housing, or multigenerational occupancy. Two kitchens and separated living areas create strong functionality for maximizing rental potential and tenant flexibility. Interior remodel adds turnkey appeal while minimizing immediate renovation costs. Expansive lot offers additional parking flexibility, outdoor utility, storage options, or future value-add potential. Located in downtown Mesa near light rail access, restaurants, retail, and ongoing redevelopment activity driving continued demand in the area. Strong fit for investors seeking cash flow, house hacking potential, or a property adaptable to multiple rental strategies. Rare opportunity to acquire a flexible income property that stands apart from standard single-family inventory.

146 S Robson --, Mesa

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