Refine Search
Sort by
$795,000
6817836 MLS
For investors seeking an IMMEDIATE INCOME generation with no additional investment required! 2024 average occupancy rate 93%. Current Airbnb rating 4.85 out of 5. CAP RATE 9.64%!!! Meticulously RENOVATED 4 unit main house + shed in Central Phoenix! Nestled in one of Phoenix's most DESIRABLE LOCATIONS with immediate access to HWY-51, 2 min drive to Phoenix Children's Hospital, 8 min drive to Biltmore Fashion Park, top-rated dining, and vibrant nightlife. This rental is a top choice of traveling nurses!Each unit is designed to provide guests with comfort and style, ensuring HIGH OCCUPANCY RATES. Every unit features a modern Kitchen, Bath, and separate Private Access. A well-maintained shared outdoor space with seating, hammock, fire pit and BBQ facilities creates an inviting atmosphere for relaxation. Convenient laundry facility w/washer & dryer is available for guest use.

1708 E Verde Lane, Phoenix

$539,900
6811531 MLS
Guaranteed Government Rental Income + Damage Protection, Massive Cash-Flowing Opportunity Backed by Home INC This property is enrolled in a government-funded program through Home Inc., offering guaranteed monthly rental payments, vacancy loss coverage, and damage protection—minimizing risk and maximizing returns. Recent Upgrades Include: $30,000 new A/C and HVAC system, $20,000 brand new roof,Upgraded interior finishes, Modernized and energy-efficient windows A true turn-key investment opportunity with strong upside and built-in stability. Don't miss this high-yield property backed by reliable government support. This property is a fantastic investment featuring three 2-bedroom, 1-bath units, all consolidated into one income-generating property.

2343 W Maricopa Street, Phoenix

$1,334,000
6810283 MLS
Welcome to this beautifully remodeled 4-plex located in the heart of vibrant Midtown Phoenix, currently operating as a successful CASH FLOWING Airbnb! Each unit has been thoughtfully updated with modern finishes while maintaining the charm of the original architecture. The spacious and well-maintained grounds offer ample parking and a community courtyard for relaxation. The location is ideal for short-term rentals, with close proximity to downtown Phoenix, popular local eateries, art galleries, and public transit. Whether for long-term tenants or vacationers, this 4-plex provides high rental demand in one of the city's most desirable areas.Currently being utilized as a successful Airbnb, this property generates consistent income with a strong track record of bookings, making it a perfect investment opportunity. Gross Profits for 2024 were $121,606, additional opportunity to potentially add additional units, single level, No HOA, LOW TAXES of $1490 for 2024. Biltmore/Arcadia Adjacent! ALL FURNITURE IS INCLUDED! Shared laundry on site! Don't miss out on this exceptional property in one of Phoenix's most sought-after neighborhoods!

939 E Turney Avenue, Phoenix

$1,850,000
6809395 MLS
This updated 11-unit property is located in a prime area of Central Phoenix, offering a fantastic opportunity for investors looking to capitalize on a thriving rental market. With a well-balanced mix of 3-bedroom, 2-bedroom, 1-bedroom, and studio units, this property caters to a diverse range of tenants, making it a highly rentable asset.Positioned in the heart of Central Phoenix, residents will enjoy easy access to downtown, local dining, shopping, entertainment, and major transportation routes.Coin-operated washer and dryer units are available on-site, providing convenience and additional income potential.Recent renovations and the building's solid condition offer a turnkey investment with minimal maintenance required.

1915 N 26th Place, Phoenix

$800,000
6805525 MLS
This versatile fourplex, ideally located in Midtown Phoenix, offers an incredible investment opportunity. The property has been extensively renovated inside and out. ***HOME WARRANTY INCLUDED*** The property includes a spacious 3-bedroom/1-bath unit, three 1-bedroom/1-bath units, and offers flexibility with fully rented market-price leases or short-term rental potential. Located in a thriving area undergoing significant development, the property is near notable landmarks such as Fate Brewery, new townhome projects, the VA Hospital, and prestigious schools like Brophy and Xavier Prep. Its central location offers easy access to Midtown and Downtown Phoenix. Whether looking to expand your portfolio, live in one unit while renting out the others, or leverage the short-term rental market, this turnkey fourplex is an opportunity you don't want to miss!

805 E Turney Avenue, Phoenix

$695,000
6803165 MLS
Charming Dual-Unit property in Historic Coronado with NO HOA. This unique property offers two separate buildings on a single parcel—perfect for first-time buyers eager to build a portfolio or investors looking for long, short, or mid-term rental. Located within a neighborhood renowned for its character and neighborly charm, this property stands out with its distinctive features. The rear unit, currently configured as a single residence, presents the option to be transformed into two separate units, enhancing its potential for rental income. Step inside to discover original wood flooring complemented by thoughtful updates that maintain the unique character of the home. Each unit offers a warm vibe, ideal for both living and rental opportunities. Don't miss your chance to own it

2515 N 10th Street, Phoenix

$940,000
6801232 MLS
4421 & 4423 N 23rd Avenue consists of (2) triplexes, (6) total units, was originally built in 1961 and is of block construction. The unit mix is comprised of 100% 2-Bed / 1-Bath units with spacious layouts averaging 730sf. The property features covered parking for residents along with a fenced in community courtyard. All units have private back patios along with washer / dryer hookups. The asset is in clean value-add condition, (3) of the units have recently been turned. With longer term tenants in-place, the purchaser has the option to continue cash-flowing or doing more significant upgrades as leases expire. The property is situated within a half mile of the nearest I17 on-ramp and just minutes to downtown Phoenix, with immediate access to the light-rail as well.

4421 N 23rd Avenue, Phoenix

$700,000
6800914 MLS
TURN-KEY, FULLY-LEASED TRIPLEX FOR SALE! Located on a large 8,775 sf lot just off Camelback and 7th Ave in the charming Grandview neighborhood/Melrose District, this well-maintained triplex offers a perfect blend of comfort, convenience, and character. There is a main house in the front with a duplex in the back. Each of the three homes, all of which are currently leased and professionally managed (ask listing agent for details of terms and operating expenses) offers two bedrooms and one bathroom, as well as a host of appealing features. The entire complex boasts fresh exterior paint and low maintenance landscaping. The front home is 848 sf and rents for $1395 p/mo. The back units are 650 sf each and rent for $1200 p/mo. each. The front home features wood-look vinyl flooring in the living room and both bedrooms offering warmth and setting the tone for the cozy ambiance throughout the light and bright home. The kitchen features all-black appliances and glass-paned hardwood cabinets and ceramic tile. One of the two bedrooms has built in bookshelves making it a versatile space to flex into a library, office, den, or bookworm's paradise if a second bedroom is not needed. There are ceiling fans throughout the home. The front home also features TONS of storage with two large closets in the bedrooms and three closets in the hallway. Duplex Unit 1 boasts stainless steel appliances, maple hardwood cabinets. Duplex Unit 2 enjoy SS appliances and cherry hardwood cabinets. Both have ceramic tile flooring and ceiling fans throughout. Each of the three homes also boasts a separate outdoor laundry room, complete with a washer and dryer. All three homes feature gas stoves, dryers, and hot water heaters, making the cost of utilities low. In addition, Unit 1's HVAC was replaced in 2022. Unit 2's HVAC was replaced in 2013. Located moments from the Light Rail, this location is surrounded by a thriving culinary scene and the vibrant culture that defines Phoenix. Whether dining out or exploring the city, this location is always just moments away from exciting experiences including convenience of being located in Uptown Phoenix, bordering the popular Melrose District, being a short drive from Downtown Phoenix and enjoying the upscale shopping paradise of Biltmore Fashion Park. Easy access to the 17 and 51 freeways ensures navigating the Valley is a breeze, making all your destinations within reach. Don't miss this incredible opportunity to purchase a turn-key, fully leased property!

735 W Coolidge Street, Phoenix

$705,000
6800733 MLS
Triplex Opportunity in Central Phoenix - Turnkey and Updated! This is an ideal investment with each unit already rented out at market price. Also perfect for multi-generational living and within the FHA loan limit! Each unit is designed to provide privacy and comfort featuring separate entrances, private outdoor spaces, parking, and private laundry for each unit. One 2 bed/1 bath unit and two 1 bed/1 bath units. Smaller units updated in 2021 including floors, bathrooms, light electrical, and countertops. Largest unit updated 2024 with new HVAC, ductwork, flooring, kitchen cabinets/counters, bathroom remodel, electrical panel and more. New roofs on both units 2023. Whether you're looking to expand your portfolio, or live in one unit while renting out the others, this is not one to miss!

806 E Montecito Avenue, Phoenix

$355,000
6800415 MLS
STEADY CASH FLOW!! Cap Rate: 7.67%. Duplex located in the Woodland Historical District close to the Capital. There is 1 building, 2 one bedroom 1 bathroom units. They are approx 620 sq ft each. One unit is currently vacant. Tenant is month to month and desires to stay, rents can be raised. A lot of renovations and planning are going on in this up-and-coming area! Some of the Duplex improvements include a newer water heater, newer windows, newer plumbing, newer exterior paint and property sits on two lots. Property is zoned R5. Property has paved back alley access and parking. Plenty of accessible space in the back to build additional units * Fireplace is not finished never used. Property is sold as is. Such a fantastic vibrant location in downtown Phoenix. Come live on one side and rent out the other. With the R5 zoning add more units in back for additional rentable units, cash flow, and property value. Walking distance to downtown financial center, business district, major entertainment/sport venues, central city light rail system, parks, restaurants and fine dining. This is Downtown Phoenix, so so much going on down here!! ** R-5 mixed-use, multifamily zoning either residential or office or both. GOOD INFO: 2 1bedroom 1bath units both 620sqf *Both Tenants pay $1300.00 for rent, on a month to month. Utilities are included in their rents (water,trash,sewer, and APS electric) I pay just under $100 a month for water, trash, and sewer $1200 yearly. I pay approximately on an average about $300 a month $3300 yearly. SELLER IMPROVMENTS: - Outside paint is about a year and half old - building has had new plumbing put in with what they call pec piping. - water heater is about a year and half old - property sits on two lots - property is zoned R5 - property has paved back alley access and parking - plenty of accessible space in back to build additional units and parking - property is located in the Woodland Historical District and is also situated next to the Capital

138 N 10th 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.