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$1,145,000
6646154 MLS
Here is a once in a lifetime opportunity to own a brand new 5 unit, office to multifamily conversion. Comprehensive Infrastructure Updates: All New A/C Units: Efficient and modern climate control for each unit. Upgraded Electrical and Plumbing: Ensuring safety and reliability. Renewed Asphalt and Concrete: A fresh exterior with improved durability. Sprinklers and Fire Riser: Enhanced fire safety measures. Irrigation System: Effortless maintenance for landscaping. Composition Roof: Durable roofing for long-term protection. Secure Gates and Downspouts: Additional security features. Brand New Water Heaters: Enjoy consistent hot water supply with recently installed water heaters.

719 W Missouri Avenue, Phoenix
$388,000
6645969 MLS
Exceptional investment opportunity at a very attractive price. The current owner has renovated both units over the past two year. Brand new roof installed in November of 2023. No wholesalers. Do not go on the property as tenants have rights. All facts and figures are approximate, buyer to verify MLS information.

9430 N 18th Drive, Phoenix
$480,000
6645232 MLS
This remarkable property boasts three units, two with 2bed, 1bath, and one with 1bed, 1 batth, with generously sized living room area. The elegant wood-like tile flooring not only adds sophistication but also simplifies cleaning.With a convenient location just minutes away from the 202, I-17, I-10, Sky Harbor Airport, and downtown Phoenix, you'll have easy access to shopping, restaurants, excellent schools, parks, and more. The property has been fully upgraded from top to bottom, ensuring a modern and attractive appeal.What sets this property apart is its potential for substantial cash flow for an investor or the fantastic opportunity for house hacking. live in one unit and rent two!

3917 W Tonto Street, Phoenix
$2,450,000
6644884 MLS
Great opportunity for ongoing multiple-unit income stream. Beautiful park-like setting in sought after mid-town location has 18 well-maintained rental units of varying sizes to fit different needs of renters. Many long-term renters reside on the property. Apartments were completely remodeled in 2010 ceramic floors, electricity, air conditioning and plumbing, interior walls, roofing, insulation and new drywall.

1525 W Indian School Road, Phoenix
$1,025,000
6644882 MLS
Nestled in the heart of one of North Central Phoenix's famous historic neighborhoods, Claremont (''the property''), is primely positioned just north of the 7th Street and Camelback Road intersection and immediately across the street from Madison Traditional Academy. The proximity to one of The Valley's major transportation arteries, State Route 51, offers convenient accessibility to destinations valley wide. Within minutes of Claremont sits The Innovation Employment Corridor and Biltmore Employment Corridor, which presents employment opportunities from some of the most prolific companies in Arizona such as Banner Health, IBM, Cisco and Charles Schwab. Together, the prominent employment Corridors showcase a combined ±117,000 employees and ±3,300 employers. Built in 1958, Claremont offers an appealing unit mix all two-bedroom floor plans with an average unit size of ±850 square feet. Future ownership will have the enticing opportunity to capitalize on 100% of the units, primed for an elevated upgrade package resulting in an expected premium of ±$250 per month.

907 E Claremont Street, Phoenix
$1,080,000
6644877 MLS
Nestled in the heart of one of North Central Phoenix's famous historic neighborhoods, Rose Lane (''the property''), is primely positioned just north of the 7th Street and Camelback Road intersection and immediately across the street from Madison Traditional Academy. The proximity to one of The Valley's major transportation arteries, State Route 51, offers convenient accessibility to destinations valley wide. Within minutes of Rose Lane sits The Innovation Employment Corridor and Biltmore Employment Corridor, which presents employment opportunities from some of the most prolific companies in Arizona such as Banner Health, IBM, Cisco and Charles Schwab. Together, the prominent employment Corridors showcase a combined ±117,000 employees and ±3,300 employers. Built in 1960, Rose Lane offers an appealing unit mix all two-bedroom floor plans with an average unit size of ±850 square feet. Future ownership will have the enticing opportunity to capitalize on 100% of the units, primed for an elevated upgrade package resulting in an expected premium of ±$250 per month.

910 E Rose Lane, Phoenix
$615,000
6644431 MLS
Explore this new Investment opportunity in Phx! This 1940-built property, nestled near Biltmore Area, seamlessly blends historic charm with modern luxury. The 863 sqft main house offers 2 beds, 2 baths, with large kitchen space and plenty of storage. The 472 sqft guest house features a master with a walk-in closet and a 3/4 bath. What sets this property apart is its comprehensive renovation—brand new roofs, windows, appliances, bathrooms, exterior stucco, Paint, and flooring grace every inch of both units. Property is ready for management to step in and lease. Tenants will share a lush outdoor spaces, captured in high-quality photography. Perfect for families, professionals, or investors seeking a move-in-ready home and income-generating potential.

1332 E Campbell Avenue, Phoenix
$650,000
6643856 MLS
Great opportunity to own an Investment Property in midtown Phoenix! Centrally located with easy access to I-10 or I-17, this property offers 3 units (two 2BR 1 BA / one 1BR 1 BA) with garage space for each unit, private courtyard with artificial turf and shared laundry. All three units are tenant occupied, AMAZING location as it is close to shopping, gyms, dining and Phoenix College.

812 W Osborn Road, Phoenix
$2,080,000
6642485 MLS
Property to be purchased with 616 N 10th Ave, total price is $2,100,000 for all 8 units. 614 - 616 North 10th Avenue is a 100% occupied newly renovated 8-unit boutique apartment community that offers an attractive unit mix including (5) one-bedroom / one-bathroom units, (2) two-bedroom / one-bathroom casitas, & (1) two-bedroom / two-bathroom unit. Six of the eight units have fully landscaped private backyards complete with pavers, plants, drip system and accent lighting. No expense was spared in the renovations with more than $640,000 of capital improvements.

616 N 10th Avenue, Phoenix
$2,080,000
6642484 MLS
Property to be purchased with 616 N 10th Ave, total price is $2,100,000 for all 8 units. 614 - 616 North 10th Avenue is a 100% occupied newly renovated 8-unit boutique apartment community that offers an attractive unit mix including (5) one-bedroom / one-bathroom units, (2) two-bedroom / one-bathroom casitas, & (1) two-bedroom / two-bathroom unit. Six of the eight units have fully landscaped private backyards complete with pavers, plants, drip system and accent lighting. No expense was spared in the renovations with more than $640,000 of capital improvements.

614 N 10th Avenue, Phoenix
$500,000
6642277 MLS
* Rare duplex in great North Phoenix location * Unit A has been completely remodeled * New wood-look vinyl floors, beautiful wood grain cabinets, granite countertops, stainless appliances, beautiful tiled showers, new windows & doors * This unit is vacant and perfect for a homeowner wanting extra income from the rental next door * Unit B has a great long-term tenant *

11812 N 35th Avenue, Phoenix
$566,000
6641995 MLS
Completely renovated 3 unit complex nestled in the heart of Phoenix, AZ. Very low vacancy. Interiors of all 3 units have been completely, with possible value add with improvements to the exterior. There are two 2 bed 1 bath units and one 1 bed 1 bath unit. Each unit has their own private backyard. conveniently located near parks, schools, and shopping centers, providing both tranquility and accessibility, with mountain views! Current rents are 2/1 - $1,173.00. 1/1 - $1,032.00 (rent increasing to $1,300 1/1/2024, this unit is subsidized by section 8. currently section 8 pays $717 and tenant pays $315.00) Seller currently resides in one of the 2/1, but rent could be $1,600.

1741 W Desert Cove Avenue Unit 4-6, Phoenix
$1,475,000
6641651 MLS
EXCELLENT LOCATION! CLOSE TO SHOPPING, TRANSPORTATION, FREEWAY 51. TOWNHOUSE STYLE APARTMENTS, 2 STORY, 2 BEDROOMS, 2 BATH UNITS, ALL APLIANCES, WASHER/DRYER IN EACH UNIT. EACH UNIT HAS A FENCED SMALL BACK YARD. ALL 8 UNITS ARE OCCUPIED., 10 COVERED PARKING SPACES, TWO BUILDINGS 3044 and 3048 (8 Units) ARE BEING SOLD TOGETHER. PLEASE DO NOT DISTURB TENANTS!! DRIVE BY ONLY. SUBMIT PREQUAL AND PROOF OF FUNDS WITH OFFER. INTERIOR INSPECTIONS OF EACH APARTMENT AFTER ACCEPTED OFFER.

3044-3048 E Beck Lane, Phoenix
$613,000
6641375 MLS
Front unit is ready to see! New construction with amazing finishes and everything you need to reap the best rents in the area. Less than 10 minutes from Downtown Phoenix. Upgrades to consider: -butcher countertops -porcelain wood-like floors -stainless steel appliances -white shaker cabinets with upgraded fixtures -in unit laundry -brand new hvac -brand new water heaters -3 bed/ 2 bath when most comparable units in the area have 2 beds -warranties

2746 W Pima Street, Phoenix
$160,000
6640715 MLS
''Presently, a single-family home graces this property. Yet, it's worth noting that the zoning designates it as Multi-Family, presenting an enticing prospect for potential buyers. Seize the opportunity to unlock its full potential by envisioning and developing a multifamily residence, thereby creating a lucrative income stream.''

4838 S 8th Street, Phoenix
$632,500
6640477 MLS
5 unit property in great location. Great opportunity to add value. All month to month leases. Cash flowing property with lots of potential in a great location. Property for sale as a 5 unit or as a 10 unit including property adjacent. Do not disturb tenants.

8912 N 3rd Street, Phoenix
$632,500
6640430 MLS
5 unit property in great location. Great opportunity to add value. All month to month leases. Cash flowing property with lots of potential in a great location. Property for sale as a 5 unit or as a 10 unit including property adjacent. Do not disturb tenants.

8910 N 3rd Street, Phoenix
$420,000
6640237 MLS
Minutes from Downtown Phoenix this home is a must see. This property has 2 units, The main house has 3 bedrooms & 2 bathrooms. The second home is a 1 bedroom, 1 bath. Inside, both units you'll find an updated dining area, family room and inside laundry. This property represents an excellent investment opportunity, and its condition and rental potential make it a must-see! Live in the front house and rent the back to offset your mortgage, check out this home, it is not one you want to miss. Also listed as Single Family MLS 6633198

2413 W Yuma Street, Phoenix
$425,000
6640022 MLS
ATTENTION INVESTORS*** GREAT OPPORTUNITY IN A GREAT METORPLEX LOCATION NEAR DOWNTOWN PHOENIX, DOWNTOWN SCOTTSDALE, DOWNTOWN TEMPE, SKY HARBOR INTERNATIONAL AIRPORT, I-10, 202, 51, AND SR143 FREEWAYS, SHOPPING, SCHOOLS & MORE. SOLID BLOCK CONSTRUCTION, NEWER CEILING FAN/LIGHTS IN EACH UNIT... UNIT 'B' HAS BEEN UPDATED IN 2016 WITH KITCHEN CABINETS, VINYL FLRS & BATHROOM. NEWER OVENS IN BOTH UNITS. FOUR SEPERATE STORAGE ROOMS. NEWER 12SEER GAS PACK/AC. UNITS, REFRIGERATORS INCLUDED. WASHER HOOK-UPS OUTSIDE. NEWER ELECTRIC. SEPARATELY METERED UNITS. REAR PARKING AND STREET SIDE PARKING. INTERIOR INSPECTION ONLY AFTER ACCEPTED CONTRACT. PROFESSIONALLY MANAGED AND A COPY OF BOTH LEASES WILL BE PROVIDED.

1127 N 49th Street, Phoenix
$1,250,000
6639831 MLS
155 East Diamond Street is a five-unit apartment community that offers thoughtfully designed, boutique apartments / casitas featuring (3) one-bedroom / one-bathroom & (2) two-bedroom / one-bathroom units. Each apartment had no expense spared (more than $400,000 of capital improvements) in the renovation and features an open concept living room and kitchen, with matte black contemporary cabinets and designer backsplash, quartz countertops, bronze hardware and plumbing fixtures, stainless steel appliance package, vinyl plank flooring, modern doors, tile showers, and updated electrical and plumbing. The apartments feature private, landscaped yards and full-size stackable washer and dryer. Exterior improvements include new roofs, dual pane windows, new walls and gates and smooth stucco.

1155 E Diamond Street, Phoenix
$2,850,000
6639720 MLS
Welcome to a prime investment opportunity in the heart of Phoenix! This meticulously maintained property consists of 15 units, offering a lucrative cash flow for savvy investors. Nestled in a sought-after neighborhood, the location provides easy access to major amenities, schools, and entertainment. Each unit is equipped with modern amenities, ensuring tenant satisfaction and retention. With a proven track record of consistent rental income, this turnkey investment is an ideal addition to any portfolio. Take advantage of Phoenix's thriving real estate market and secure your financial future with this cash-flowing gem. Whether you're a seasoned investor or entering the market for the first time, don't miss out on this golden opportunity in the dynamic landscape of Phoenix real estate!

18202 N Cave Creek Road Unit 105, Phoenix
$750,000
6638923 MLS
Welcome to this 4-plex located in the highly desirable Northern Lanai community. This building features expansive floorplans, convenient garage parking. Offering ample parking space, generously sized apartment homes, and beautifully landscaped surroundings, this property has consistently delivered reliable rental income. Don't miss out on this excellent investment opportunity—call today to explore your next venture!

3331 W Harmont Drive, Phoenix
$1,150,000
6638604 MLS
No P&L, No T-12 or Financials. Seller Finance with minimum $250K Down Payment & 6% Interest only payment 3 years balloon payment. 5-Plex has 5 Single story, garden style community located in the highly sought after 85016 area code. The property offers several potential options for investors. The Seller has previously been told that can be approved for 9 luxury townhomes or can be updated the existing units & add 4 more units. The Lot size is 25,579 and it is comprised of 4 X1 bed/1 bath units, and one 2 bed/1 bath unit + one storage building. All units have in suite laundry & under roof parking next to each unit. The 5plex offers a large greenbelt with several large shade trees. During the Seller's ownership property been kept in great condition.

4208 N 17th Street, Phoenix
$170,000
6635767 MLS
INVESTOR SPECIAL! Great opportunity to purchase in a prime Phoenix location with multifamily zoning! Two existing 2 bed 1 ba structures could be renovated or start new. Close to dining, shopping, schools, and easy freeway access.

1612 S 28th Drive, Phoenix
$420,000
6632781 MLS
2 unit Property, 2 Bedrooms each. Very clean and modernized duplex with full tenant occupancy. Separate parking for each tenant. Quiet neighborhood close to large area park and I-17 freeway access. 1 mile from light rail transportation and close to bus lines.

10630 N 16th Avenue Unit 1-2, Phoenix
$650,000
6631313 MLS
Seller wants Sold! Price Adjustment!!! Beautiful Modern Duplex close to downtown Phoenix. New lender requirements have softened allowing Buyers looking in purchasing multifamily to come in with a very low down payment, don't let this opportunity pass up your Buyer. This beautiful property has 2 separate units that are roughly 1600 sqft, both units are 3 bedrooms with 2.5 bathrooms. Each unit has its own back yard, 2 balconies over looking the beautiful Phoenix skyline and a spacious indoor-laundry room, 2 car carport that can easily be enclosed for more privacy and much more. This property is perfect for a family who would like to live in one property and rent out the other unit. Use the second units rental income to help you qualify.

1917 W Sherman Street, Phoenix
$810,000
6631006 MLS
Great investment opportunity! This North Central Phoenix Gem is centrally located off Central Avenue walking distance to Vig, TMO Wine Bar, OHSO, and Central's Bridle path. Also located in the sought after Sunnyslope High School District. Minutes to downtown, freeways, and Honor Health hospital. All 4 Units are 2-Bedrooms/1-Bathroom approximately 750 square feet each with private patios. Each unit has their own private washer/dryer hook ups and is separately metered for electric.

14 W Sunnyslope Lane, Phoenix
$434,000
6629740 MLS
This fantastic multiple dwelling offers two separate units and is now on the market. The first unit features tile floors, a spacious living room, a fully equipped kitchen with built-in appliances, two comfortable bedrooms, and a modern full bathroom. The second unit also boasts tile floors and comes with a stylish kitchen featuring white cabinetry and granite countertops, two inviting bedrooms, and a well-appointed full bathroom. Don't miss out on this perfect investment opportunity - make it yours today!

1613 W Peoria Avenue, Phoenix
$750,000
6629221 MLS
4 Units, Garden-Style Property, Built in 1916 & 1985, Renovated in 2023. Unit Mix Consists of (1) 3-Bed / 2- Bath Casita, (2) 2-Bed / 1-Bath Units, & (1) 1-Bed / 1-Bath Unit. Each Unit Features a Fully Upgraded Interior With White Quartz Countertops, Luxury Vinyl-Plank Flooring, Subway Tile Showers, Stainless Steel Appliances, & In-Suite Washer / Dryer. Exterior Upgrades Include Coated Roof, New Windows & Private Backyard Areas. Located in Vibrant Growing Art District. Close Proximity to Numerous Dining & Entertainment Options in Downtown Phoenix & Grand Avenue Arts District.

1538 W Fillmore Street, Phoenix
$618,000
6627002 MLS
Great opportunity! Blocks from GCU! This attractive 4-plex on a corner lot combines functionality with convenience! Six carport spaces on the side of the property offer ample off-street parking, a coveted amenity for residents. Each unit benefits from a private back patio, fully fenced for added security and privacy, allowing tenants to enjoy their own outdoor space. This real estate opportunity is ideal for an investor looking to capitalize on a multi-family dwelling that promises both rental income and the potential for property value appreciation. Property boasts a 4-plex plus additional studio. Don't wait! Fully occupied, please respect the tenant's rights and do not walk the property with out approval.

2604 W Pierson 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.