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$860,000
6763030 MLS
Great NEXT-GEN PROPERTY for MULTI-GENERATIONAL LIVING / or perfect INVESTMENT PROPERTY. It has 2 stand-alone buildings. (MAIN HOUSE 3bd 2 ba 1200sf) + a DUPLEX (1st Unit is 2 bd 2 ba 1000sf) (2nd Unit is 2 bd 1 ba 900sf). FULLY REMODELED down to the studs in 2023. Kitchens host quartz counters, full backsplash, on-trend cabs, & stainless appl. All baths are modern & thoughtfully designed. Stellar features incl: new doors, trim, baseboards, blinds, ceiling fans, & tile floors. Enjoy new windows, roofs, electrical, drains, pex plumbing, & 1.25'' water line to each property, plus each has an indoor laundry room with washer / dryer hook-up, and a private fenced yard w/ covered patio and artificial turf. Addt'l storage building in the NE corner of the lot. ½ block from the Phoenix Light Rail

5039 N 18th Avenue, Phoenix

$730,000
6761908 MLS
Beautifully updated duplex featuring two turnkey 5-bedroom, 3 bath townhomes in the heart of North Central Phoenix. Perfect for investors—enjoy the benefits of no HOA fees! Or this is a fantastic opportunity to live in one unit while renting out the other, generating cash flow, or running a home-based business. Each townhome boasts modern updates including wood look flooring, updated kitchen with quartz countertops, sleek white cabinets, stainless appliances, and subway tile backsplashes. The spacious main bedrooms offer private entrances upstairs along with 3 additional bedrooms and a full bathroom The main floor offers another large bedroom and bath. Both units come with a 2-car garage. Conveniently located near hospitals, parks, schools, and shopping, with easy access to freeways.

2153 W Morten Avenue, Phoenix

$1,768,000
6761622 MLS
This small complex is very appealing! The 2 triplexes built in 1981 are newer than most buildings in the area. The apartments are more spacious than many. The 1920's home is a 1 bedroom + den. There is also a studio cottage. Total square footage combined is 6388 and is well priced at $297.43 per sq. foot. Price per door is $237,500. There are 8 covered parking spaces & 3 uncovered spots. Each apartment has its own private rear yard & storage room with washer/dryer hook-ups. Grounds are peaceful and green. Tenants tend to stay. Roofs new in 2022. Well located adjacent to uptown and midtown, 921, 925 and 929 E. Weldon Ave. together make up this unique 8 unit complex which must be sold together. Residential financing may be available. 1031 exchange buyers welcome. Great upside potential!

921 E Weldon Avenue, Phoenix

$749,900
6760869 MLS
Excellent investment opportunity! This 14-unit, garden-style property, built in 1946, offers a promising investment opportunity. The unit mix includes (9) Studio, (5) 1-bed/1-bath units The property presents a significant value-add opportunity, vacant interiors that are ready for renovation. The location is advantageous right on US 60/Grand with easy access to I-10, I-17, and Loop 202, it ensures quick commutes to key areas. Situated west of downtown Phoenix, it's just minutes from Phoenix Sky Harbor Airport. The property presents a significant value-add opportunity. Don't miss this chance to invest in a promising location with significant upside potential. The property has deferred maintenance and needs a full remodel but a great value at this list price. Hurry won't last! To help visualize this home's floor-plan and to highlight its potential, virtually renovated photos may have been added to this listing.

3060 Grand Avenue, Phoenix

$883,500
6759539 MLS
Incredible Multi-Family Investment Opportunity in Central Phoenix Endless possibilities await with this prime multi-family lot, offering three fully-functional units on one spacious parcel.Located in the heart of Central Phoenix, this property includes Two 3Bedroom,1Bath Homes Perfect for family living or rental income potentialDuplex Featuring a 2-Bedroom, 1-Bath unit and a 1-Bedroom,1-Bath unit, ideal for additional rental income or flexible living arrangements.The expansive lot provides ample space for potential development, whether you're looking to build new units or add on to the existing structures. With a central location just minutes away from downtown Phoenix, major freeways, shopping, dining, and entertainment, this property offers unbeatable convenience.

3430 E Cambridge Avenue, Phoenix

$360,000
6755715 MLS
ET''S BE CLEAR THIS IS A 2 UNIT Property and YOU MUST BUY THE FOURPLEX NEXT DOOR. See the listing at 9047 N 11 St concurrently. The numbers are accurate and Tenants are Government Assisted Leases. Please see the Supplemental Remarks for all information. Drive by only. NO FHA OR VA LOANS but you could buy both properties using two separate Residential Loans or both with a Commercial Loan. Should be able to buy with a DCR loan as well. Buyer to verify all facts and figures Fully Occupied: All 6 units leased, ensuring stable rental income. 9.12% Cap Rate: High-yield returns outperform industry standards. Prime Location: Close to schools, parks, shopping centers, and public transit. Tenant Amenities: Includes storage rooms and private backyards for select units.

9033 N 11th Street, Phoenix

$580,000
6755433 MLS
LET''S BE CLEAR THIS IS A 4 UNIT Property and YOU MUST BUY THE DUPLEX NEXT DOOR. See the listing at 9033 N 11 St concurrently. The numbers are accurate and Tenants are Government Assisted Leases. Please see the Supplemental Remarks for all information. Drive by only. NO FHA OR VA LOANS but you could buy both properties using two separate Residential Loans or both with a Commercial Loan. Should be able to buy with a DCR loan as well. Buyer to verify all facts and figures *Investment Opportunity: Fully Occupied 6-Unit Apartment Building** Welcome to your next lucrative investment venture! We're thrilled to present to you a prime real estate opportunity nestled in the heart of east Sunnyslope, boasting a fully occupied 6-unit apartment building that's generating exceptional returns. This C-class property stands out with its impressive features, promising steady income and substantial growth potential. **Key Highlights:** = **Stable Income**: This property is fully occupied, ensuring a consistent cash flow from day one. With all units leased, you can count on reliable monthly income without the hassle of vacancies. =° **High Yield**: At an impressive 8.3% cap rate, this investment promises excellent returns compared to industry standards. Your money works hard for you, delivering attractive yields and long-term wealth accumulation. <3 **Charming Amenities**: Residents enjoy the convenience of storage rooms, providing additional space for their belongings. Plus, some units offer the luxury of private backyards, perfect for relaxation and outdoor activities. New landscaping adds to the property's appeal, enhancing its curb appeal and attracting quality tenants. <á **Income Stability**: Investing in multi-unit properties offers diversification and resilience. Even during economic downturns, rental properties tend to remain stable, providing a hedge against market volatility. **Investment Details:** ª **Location**: Strategically situated in a desirable neighborhood, this property benefits from proximity to schools, parks, shopping centers, and public transportation, ensuring high tenant demand. ª **Tenant Profile**: The current tenant base consists of reliable, long-term occupants, reflecting the property's appeal and management quality. ª **Value-Add Potential**: While already performing exceptionally well, there's still room for value enhancement. Consider implementing minor upgrades or rent optimizations to further boost profitability and property appreciation. ª **Low Maintenance**: With satisfied tenants and well-maintained units, you'll experience minimal operational headaches. Enjoy passive income with peace of mind, knowing that your investment is in good hands. **Why Invest Now?** The real estate market is heating up, and opportunities like this don't come by often. Secure your financial future with a proven income-generating asset that offers stability, growth, and remarkable returns. Whether you're a seasoned investor or a newcomer to real estate, this property aligns perfectly with your investment objectives. Don't miss out on this chance to own a fully occupied 6-unit apartment building with exceptional income potential and value-added opportunities. Act now to seize this golden investment opportunity and start reaping the rewards of passive income and long-term wealth accumulation. *Disclaimer: All financial figures and investment returns are estimates and subject to market conditions. Buyers are advised to conduct their own due diligence before making any investment decisions.*

9047 N 11th Street, Phoenix

$740,000
6754189 MLS
Check out this brand new built duplex, now for sale in Estrella Rancho! Each unit boasts all of the same features, 3 beds, 2.5 baths, a facade w/tasteful stone accents, and carport parking! Come inside to discover spacious open floor plans w/elegant wood-look flooring, high-ceilings, and crisp palette throughout. The gorgeous kitchens are comprised of shaker cabinetry w/quartz counters, mosaic tile backsplash, pendant & recessed lighting, stainless steel appliances, and prep islands w/ breakfast bars. Primary bedrooms showcase private balcony access, walk-in closets, and pristine ensuites w/dual sinks for added comfort. Also including a shared backyard w/cozy covered patios, this is an investment opportunity you simply cannot miss! Hurry and act now!

724 E Apollo Road, Phoenix

$1,495,000
6753569 MLS
Lease Highlights: Lease Beginning: 3/24/2024 Lease Amount per Month: $9,500 NNN Expenses: $3,432 (Taxes and Insurance) Annual Lease Expires: 4/31/2026 Tenant Pays W/S/T and repairs Owner is extending the lease to a min. of 3 years but probably 5 years What is a NNN? An Absolute NNN Lease simply means that the Tenant pays 100% of expenses. All repairs, all utilities, insurance and property taxes. There is really good opportunity to own 8 units of Multifamily without many of the traditional expenses. This exceptional investment opportunity presents a fully leased 8-unit property master leased to a reputable sober living company. Located in the heart of Phoenix, AZ, this property is strategically positioned to offer stable income with minimal management responsibilities. Lease Highlights: Lease Beginning: 3/24/2024 Lease Amount per Month: $9,000 NNN Expenses: $1,113 (Taxes and Insurance) Lease Expires: 4/31/2026 Owner is extending the lease to a min. of 3 years but probably 5 years What is a NNN? An Absolute NNN Lease simply means that the Tenant pays 100% of expenses. All repairs, all utilities, insurance and property taxes. There is really good opportunity to own 8 units of Multifamily without many of the traditional expenses. This exceptional investment opportunity presents a fully leased 8-unit property master leased to a reputable sober living company. Located in the heart of Phoenix, AZ, this property is strategically positioned to offer stable income with minimal management responsibilities. Property Highlights: Recent Renovations:Over $200,000 in recent upgrades including: - New bathrooms featuring tile showers ($50,000) - Updated flooring throughout ($40,000) - New or replaced appliances ($10,000) - Fresh interior and exterior paint ($35,000) - Modern kitchen upgrades including new cabinets ($10,000) - Enhanced security with a steel fence and new exterior doors ($10,000) - Upgraded finishes and lighting fixtures ($1,500) - Improved laundry facilities ($2,000) - Installation of surveillance cameras for added security ($22,000, operational status verified) - Updated hot water heaters and AC units installed within the last 5 years ($34,000) Financial Overview: - **Lease Terms:** Long-term master lease with a reputable sober living company covering 100% of expenses. - Income Stability:** Predictable rental income with all expenses paid by the tenant, offering a hassle-free investment opportunity. - Capital Expenditures: Recent renovations ensure reduced maintenance costs and increased tenant satisfaction, enhancing property value and marketability. Investment Considerations: This property represents an attractive opportunity for investors seeking stable cash flow and minimal management involvement. With a strong lease in place and recent capital improvements, it stands as a secure investment in the vibrant Phoenix real estate market. Disclaimer: Buyers are encouraged to verify all financial figures and lease terms independently.*

801 E Dunlap Avenue, Phoenix

$600,000
6753120 MLS
Seller Financing Terms Available! 25th Drive consists of 4 units on 1 oversized lot, with resident access off of both 25th Drive and 26th Ave. The building on 25th has a renovated 2bed/1bath unit and a recently completed XL studio (new flooring, paint, kitchen, bathrooms). The duplex has two 'classic' 2bed/1bath units that are over 750 SF each and both have private yards, in unit laundry and ample parking. The units are on an oversized 18,161 SF lot that was formerly 2 parcels, but has been combined by the City of Phoenix. Buyers have the opportunity to amenitize (private yards, covered parking, rentable storage) the large portions of the lot that go unused by the tenants. A buyer could also develop additional units to max out the lot's permitted density.

6736 N 25th Drive, Phoenix

$465,000
6751338 MLS
This charming multi-family home in Rhoades Park is a must-see! Featuring 3 units, each with 1 bedroom, 1 bathroom, a carport, and a private patio, this property offers both comfort and convenience. Inside, enjoy spacious living areas with tile flooring and a neutral palette. The eat-in kitchens are fully equipped with ample cabinetry and appliances, while cozy bedrooms include built-in closets. The open lot on the south side of Unit D offers exciting potential for additional income—whether adding a unit, a garage, or creating storage for cars/motorhomes. Be sure to check with the city for zoning and ordinance compliance before moving forward. Centrally located near dining, shopping, and freeway access—don't miss out on this opportunity!

3122 E Hubbell Street Unit D,E,F, Phoenix

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