Mitchell Drake

Phoenix AZ Residential Income for Sale

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

Phoenix AZ Residential Income for Sale

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.

Flagstaff AZ Residential Income for Sale

Flagstaff Villas is an 8-unit garden-style community in Flagstaff's Sunnyside neighborhood offering all 2 bed / 1 bath units. Built in 1963 with extensive renovations since 2020: new roofs, fascia, gutters, sewer and water service lines, electrical lines and sub panels, full interior upgrades, concrete walkways, exterior paint, landscaping and driveway. Interiors feature vinyl flooring, white shaker cabinetry, quartz countertops, stainless steel appliances, new HVAC and water heaters, and in-suite washer/dryers. Electric individually metered; water billed back via RUBS. Large on-site maintenance room with new plumbing and electrical allows for potential addition of a studio unit. Minutes to the Sawmill District, NAU and Downtown Flagstaff. Sale includes 2 parcels. Owner/Agent Sale.

Phoenix AZ Multiple Dwellings for Sale

Phoenix AZ Multiple Dwellings for Sale

1625 & 1629 West Fillmore Street is an 8-Unit apartment community, built in 1959 and is of block construction. Comprised of (8) 1-Bedroom / 1-Bathroom units with all units being roughly 540 Square Feet, the property features an on-site laundry facility. All (8) units were recently renovated, the exterior underwent extensive renovations that were completed in 2021. Additional value is to be had through increasing rents to market levels along with the installation of in-suite W/D. All tenants are on month-to-month leases, (1) unit is leased at $1,000/month with the other (7) averaging roughly $725/month. The property is just minutes from the heart of Downtown Phoenix and provides immediate access to both the I-17 & I-10 Freeways. Must be sold with 1629 W Fillmore Street.

Phoenix AZ Multiple Dwellings for Sale

2430 W Morten Avenue is a garden style property consisting of (2) standalone single family homes on (1) large parcel. Both homes are 2 bedrooms / 1 bathroom, including washer/dryer hookups. Being situated on a +/-17,000 SF lot, tenants are sure to enjoy the ample private space and mature landscaping. The property offers a straightforward value add opportunity, with one unit being renovated and the other ready for rehab. Both tenants are on month-to-month leases, with room to increase rents to market levels. This property allows quick access to the I-17 and is minutes from Downtown Phoenix.

Phoenix AZ Multiple Dwellings for Sale

Madison at Biltmore is a Fourplex in the Biltmore that is fully renovated with all 2 bed / 1 bath units that are roughly 800SF each. The property features a brand new roof, modern kitchens, flooring bathrooms, washer & dryer in each unit, large private patios for each unit. Ample parking while being in the heart of the Biltmore and Camelback East Corridor. Minutes from Phoenix Sky Harbor International Airport & luxury shopping & entertainment options.

Phoenix AZ Multiple Dwellings for Sale

The Earll is a fantastic turnkey four-plex opportunity located in the heart of Arcadia Lite. The property consists of (2) 1 bed / 1 bath units averaging $1,295 rents and (2) 2 bed / 1 bath units averaging $1,475 rents. The property is fully turnkey with in-suite washer / dryer, new kitchens, flooring, bathroom and roof, electrical panels and more. One of the 2 bed / 1 bath units is lightly renovated with no in-suite washer / dryer. The amenities include ample covered and uncovered parking and an on-site laundry facility.

Phoenix AZ Multiple Dwellings for Sale

Las Casitas De Earll is situated within Camelback East Village, in the highly sought-after 85018 zip code. It is minutes from all the shopping, dining, and entertainment options Biltmore Fashion Park has to offer. This garden-style property is a light value-add opportunity through continued interior and exterior renovations. Featuring all large 2 bed / 2 bath units with in-suite washer & dryer. The property boasts a community swimming pool and ample covered parking for residents. Based on its positioning in the competitive landscape and the area's ongoing redevelopment efforts, this property is a perfect opportunity for an investor to create an ideal living situation in close proximity to the beautiful Arcadia Lite district.

Phoenix AZ Multiple Dwellings for Sale

1521 E Fillmore Street is located in the highly sought after Garfield District and provides excellent exposure being situated on the hard corner of 16th Street & Fillmore. The property is 1980's construction and features (4) 2 Bed / 1 Bath Units that are 100% occupied. The property is situated just a short bike ride's distance to Downtown Phoenix allowing residents to enjoy all the trendy entertainment and dining options.

Phoenix AZ Home for Sale

This boutique apartment community consists of 5 units: (1) studio, $1,195 actual rent and (4) 1-bed / 1-bath units, $1,195 actual rent. Each unit has been fully renovated through interior and exterior upgrades. The interior renovations include in-suite washers & dryers, new countertops, stainless steel appliances, new cabinets, updated bathrooms, vinyl flooring, and more.

Phoenix AZ Home for Sale

Mountain View Apartments was built in 1982 and is comprised of 50% 1 Bedroom / 1 Bathroom and 50% 2 Bedroom / 1 Bathroom. The garden-styled apartment community provides parking for all tenants and on-sight laundry facilities. This property is individually metered for electricity. The property is located in the developing Mountain View Acres, surround by up-and-coming restaurants, schools, and parks. It is minutes from North Mountain, famous for its numerous hiking trails and wildflower viewing, and within walking distance to the Arizona Canal Trail. This property is also just minutes from the I-17 Highway and is within a bike ride's distance to the 19th avenue and Dunlap Light Rail Station.

Phoenix AZ Multiple Dwellings for Sale

Madison at Uptown is a 7 unit apartment community. Built in 1958 and renovated in 2022, the property resides in a residential neighborhood and consists of (6) 1-bed / 1-bath units and (1) 3-bed / 2-bath detached cottage. Five of the seven units have been fully upgraded and the remaining two units will complete renovations by the end of June 2022. Both units will be leased up at market rent. This garden-style community features interior and exterior renovations including new stainless-steel appliances, granite countertops, new cabinets, in-unit washers / dryers, new foam roof / HVAC units, and new water heaters. This quiet apartment community has ample parking using the vacant west-adjacent lot which is being sold separately. The Seller is willing to include a bulk sale of both parcels.

Phoenix AZ Home for Sale

Can be purchased individually or with 2921 & 2923 N 38th Street ($4,005,000 total or $1,335,000 per fourplex). Madison at Arcadia Lite is 4 units built in 1964. (2) 1 bed / 1 bath units & (2) 2 bed / 2 bath units. 3 of the 4 units have been fully renovated with new flooring, cabinets, countertops, bathroom vanities, in-suite washer & dryers and more. The property is located within Camelback East, voted by Zillow as the Most Popular Neighborhood in Phoenix and in proximity to the prestigious Arcadia Lite district. Within a bike's ride distance, tenants are sure to enjoy the boutique eateries which include La Grande Orange Restaurant, The Porch, The Vig and much more. The property is fully occupied, please do not disturb the tenants.

Phoenix AZ Home for Sale

Can be purchased individually or with 2921 & 2927 N 38th Street ($4,005,000 total or $1,335,000 per fourplex). Madison at Arcadia Lite is 4 units built in 1964. (2) 1 bed / 1 bath units & (2) 2 bed / 2 bath units. 3 of the 4 units have been fully renovated with new flooring, cabinets, countertops, bathroom vanities, in-suite washer & dryers and more. The property is located within Camelback East, voted by Zillow as the Most Popular Neighborhood in Phoenix and in proximity to the prestigious Arcadia Lite district. Within a bike's ride distance, tenants are sure to enjoy the boutique eateries which include La Grande Orange Restaurant, The Porch, The Vig and much more. The property is fully occupied, please do not disturb the tenants.

Phoenix AZ Home for Sale

Can be purchased individually or with 2923 & 2927 N 38th Street ($4,005,000 total or $1,335,000 per fourplex). Madison at Arcadia Lite is 4 units built in 1964. (2) 1 bed / 1 bath units & (2) 2 bed / 2 bath units. 3 of the 4 units have been fully renovated with new flooring, cabinets, countertops, bathroom vanities, in-suite washer & dryers and more. The property is located within Camelback East, voted by Zillow as the Most Popular Neighborhood in Phoenix and in proximity to the prestigious Arcadia Lite district. Within a bike's ride distance, tenants are sure to enjoy the boutique eateries which include La Grande Orange Restaurant, The Porch, The Vig and much more. The property is fully occupied, please do not disturb the tenants.

Phoenix AZ Land for Sale

~9,000 sqft lot available for sale. Lot is zoned R-3 and is buildable up to three units. The neighboring property to adjacent west (APN: 162-06-022-C) is also owned by the Seller. Seller would sell both parcels together.

Phoenix AZ Home for Sale

Beautifully renovated triplex located within a residential neighborhood of Lower Arcadia Submarket. Property was built in 1955 and features all 2 bedroom / 1 bathroom units as well large private backyards completed with new turf and pavers throughout. Each unit features washer & dryer, covered parking and private storage. Property is rent ready for short / long term lease, vacation rentals or corporate lease. Less than 10 minutes to the Biltmore Corridor and Sky Harbor International Airport. Walking distance to Arcadia Crossing which includes Target, Costco, Fry's and multiple restaurants.

Tempe AZ Home for Sale

McKemy was built in 1983 and consists of (12) 2-bedroom / 2-bathroom units, the sale includes the entire condo mapped community. Each condo in the community is of wood-framed construction and features spacious layouts, large private yards, covered parking spaces, vaulted ceilings, and in-suite washers and dryers. 4 of the 12 units have been fully remodeled through interior renovations. The property is in well-maintained condition with uniform roofs and HVAC units throughout. With all utilities individually metered, including water, McKemy is a fantastic option for an investor looking for a low maintenance opportunity that also features a light value-add component.

Scottsdale AZ Home for Sale

Scottsdale Shadows was fully remodeled in 2023. The community features a diverse unit mix consisting of; (13) 1 bedroom / 1 bathroom units and (2) 2 bedroom / 1 bathroom units. All (15) units of the units in the community have been fully renovated featuring new flooring, shaker cabinets, stainless steel appliance package, windows, in-suite washer and dryer, etc. Each unit either has a private back or front patio. Only one units remains vacant is available to tour - Please call / text the listing broker for access.

Phoenix AZ Multiple Dwellings for Sale

16-unit apartment community located at 1703 West Mountain View Road in Phoenix, AZ. Situated in the sought-after Mountain View Acres subdivision of Phoenix. Constructed in 1982, the building features (8) 1-bedroom / 1-bathroom and (8) 2-bedroom / 1-bathroom units. The asset includes (3) fully renovated units and (13) classic units with potential for upgrades. The apartment community provides parking for each unit and on-site laundry facilities. The location is minutes away from North Mountain, known for its numerous hiking trails, and within walking distance of the Arizona Canal Trail. Moreover, Mountain View Apartments is also conveniently located close to the I-17 Highway and is within biking distance to the 19th Avenue and Dunlap light rail station.

Phoenix AZ Multiple Dwellings for Sale

4034 E Moreland Street is a four-unit apartment community that offers thoughtfully designed, boutique two-bedroom / one-bathroom apartments. Each unit had no expense spared (more than $360,000 of capital improvements) with the renovation and features in the interior, an open concept living room and kitchen, with brand new dark grey flat panel cabinetry, vinyl flooring, stainless steel appliance packages, modern doors, hardware, quartz countertops, backsplash and more. All units feature a full-size stackable washer and dryer. Exterior improvements include new roofs with wood ship-lap under each roof, dual pane windows, smooth stucco, electrical, plumbing, and solar. Solar pays for all electricity and RUBS are implemented, but can be raised. Property is fully occupied, drive by only,

Phoenix AZ Multiple Dwellings for Sale

The Pricoli on 25th is of wood frame construction and was originally built in 1935. In 2023 the property has undergone extensive interior and exterior renovations. The community has a highly sought-after unit mix, consisting of (1) 1 Bed / 1 Bath Unit, (1) 2 Bed / 2 Bath Unit & (1) 3 Bed / 2 Bath Units. The exterior renovations consist of all new landscaping, new windows, new sewer line and well-designed private backyards for all units. The interior renovations consist of all new stainless-steel appliance packages, quartz countertops, installation of all new stackable washers & dryers along with many other improvements. Residents and prospective investors are sure to notice that the Seller paid great attention to detail and spared no expense while rebuilding the property.

Phoenix AZ Residential Income for Sale

Originally built in 1981, Avanti Estates has recently undergone extensive improvements including a new roof, resurfaced pool. 90% of the units have been updated with new flooring, appliances, bathrooms and cabinets. The addition of covered parking has allowed for additional income. 85% of the units have received new air conditioning units. The current management is in the process of turning the water, sewer, and trash over to the tenant allowing for a potential gain of 24K a year in profit. All of Avanti Estate units are metered individually for electric. With a sales price of $5, 500,000, averaging $183,000 per unit, Avanti Estates is an outstanding opportunity for investors. *Seller may carry with the right offer.

Phoenix AZ Multiple Dwellings for Sale

This boutique apartment community consists of 5 units: (1) studio and (4) 1-bed / 1-bath units. Each unit has been fully renovated through interior and exterior upgrades. The interior renovations include in-suite washers & dryers, new countertops, stainless steel appliances, new cabinets, updated bathrooms, vinyl flooring, and more. 908 East Turney Avenue is located just off 7th street which has seen a major revitalization over the last few years with new developments including brand new housing developments, hip restaurants, and retail shops. The residential neighborhood around 908 East Turney Avenue is home to young professionals and families.

Phoenix AZ Multiple Dwellings for Sale

Great Opportunity To Purchase This 14 Unit Apartment Community Consisting of 10 Two Bedroom One Bath Units and 4 One Bedroom One Bath Units Located Just East of Downtown Phoenix. Updates Include Newer Roofs, Windows, Evap Coolers, Mini-Splits, Flooring, Interior Paint & Some Replaced Cabinets In A Few of The Units. Property Is Comprised of 8 Buildings & Situated on 2 Parcels of Land Totaling Over 1 Acre. All Units Have Their Own Electric Meters. Located At 24th Street & Roosevelt This Property Is Conveniently Located Near Several Major Employers, Major Freeways & Sky Harbor Airport.

Phoenix AZ Home for Sale

1122 E Portland St has two individual houses on one lot. The front house is currently vacant and the back house has a lease coming due early 2024.There are two homes on one lot and offers thoughtfully designed, 3 Bedroom / 2 Bathroom stand alone houses. Each house features an open concept living room and kitchen, with brand new white shaker cabinetry, vinyl flooring, stainless steel appliance packages, modern doors, hardware, quartz countertops, backsplash and more. Both the Single Family Home and casita feature a full-size washer and dryer. The front house welcomes guests with a large covered patio and beautiful desert landscaping with new exterior ground lights and ample private parking.

Phoenix AZ Home for Sale

(2) Detached Houses, Built in 1926, Front House Renovated in 2022. (1) Three-Bed / Two-Bath House & (1) Two-Bed / Two-Bath House.Front House Extensively Renovated Through Interior & Exterior Upgrades Which Include New Flooring, Cabinets, Countertops, Bathroom Vanities & Tubs, Stainless Steel Appliances, Etc. Buildings Have Dedicated On-Site Parking.Located in the Garfield Historic District, Minutes From Downtown Phoenix & Phoenix Sky Harbor International Airport

Phoenix AZ Home for Sale

The 1501 E Oak Street tripex offering is open to anyone looking to owner occupy a fully turnkey multifamily dwelling or for the traditional multifamily investor.The Seller of 1501 is also selling 1505, 1509, 1521, 1527 & 1527 E Oak Street as well each of which are individual triplexes. Each one of these triplexes are set to be sold individually or as a package.Each triplex offers a unit mix of (100%) 2-bedroom / 1-bathroom units. Each unit is individually metered for electricity.Capital Improvement Summary: Renovations were started in 2022 and and completed in 2023. Exterior remodel consist of modern paint colors, installation, new roofs and desert landscaping. The interiors of all units feature new vinyl flooring, stainless steel appliances, , updated counter tops and in-suit W/D.

Phoenix AZ Home for Sale

The 1505 E Oak Street tripex offering is open to anyone looking to owner occupy a fully turnkey multifamily dwelling or for the traditional multifamily investor. The Seller of 1501 is also selling 1501, 1509, 1521, 1527 & 1527 E Oak Street as well each of which are individual triplexes. Each one of these triplexes are set to be sold individually or as a package. Each triplex offers a unit mix of (100%) 2-bedroom / 1-bathroom units. Each unit is individually metered for electricity. Capital Improvement Summary: Renovations were started in 2022 and and completed in 2023. Exterior remodel consist of modern paint colors, installation, new roofs and desert landscaping. The interiors of all units feature new vinyl flooring, stainless steel appliances, , updated counter tops and in-suit W/D.

Phoenix AZ Home for Sale

The 1505 E Oak Street tripex offering is open to anyone looking to owner occupy a fully turnkey multifamily dwelling or for the traditional multifamily investor. The Seller of 1501 is also selling 1501, 1509, 1521, 1527 & 1527 E Oak Street as well each of which are individual triplexes. Each one of these triplexes are set to be sold individually or as a package. Each triplex offers a unit mix of (100%) 2-bedroom / 1-bathroom units. Each unit is individually metered for electricity. Capital Improvement Summary: Renovations were started in 2022 and and completed in 2023. Exterior remodel consist of modern paint colors, installation, new roofs and desert landscaping. The interiors of all units feature new vinyl flooring, stainless steel appliances, , updated counter tops and in-suit W/D.

Phoenix AZ Home for Sale

The 1505 E Oak Street tripex offering is open to anyone looking to owner occupy a fully turnkey multifamily dwelling or for the traditional multifamily investor. The Seller of 1501 is also selling 1501, 1509, 1521, 1527 & 1527 E Oak Street as well each of which are individual triplexes. Each one of these triplexes are set to be sold individually or as a package. Each triplex offers a unit mix of (100%) 2-bedroom / 1-bathroom units. Each unit is individually metered for electricity. Capital Improvement Summary: Renovations were started in 2022 and and completed in 2023. Exterior remodel consist of modern paint colors, installation, new roofs and desert landscaping. The interiors of all units feature new vinyl flooring, stainless steel appliances, , updated counter tops and in-suit W/D.

Phoenix AZ Home for Sale

The 1505 E Oak Street tripex offering is open to anyone looking to owner occupy a fully turnkey multifamily dwelling or for the traditional multifamily investor. The Seller of 1501 is also selling 1501, 1509, 1521, 1527 & 1527 E Oak Street as well each of which are individual triplexes. Each one of these triplexes are set to be sold individually or as a package. Each triplex offers a unit mix of (100%) 2-bedroom / 1-bathroom units. Each unit is individually metered for electricity. Capital Improvement Summary: Renovations were started in 2022 and and completed in 2023. Exterior remodel consist of modern paint colors, installation, new roofs and desert landscaping. The interiors of all units feature new vinyl flooring, stainless steel appliances, , updated counter tops and in-suit W/D.

Phoenix AZ Multiple Dwellings for Sale

The Repp in Garfield is comprised of two single family homes and one duplex built in 1965, 1968, and 1996. The community consists of (1) large 2-bed / 2-bath home and (3) studio units. In 2023 the property underwent extensive interior and exterior renovations. The exterior renovations consist of all new landscaping, new windows, new sewer line, well-designed private backyards for all units, and much more. The interior renovations consist of all new stainless steel appliance packages, quartz countertops, installation of all new stackable washers and dryers, along with many other improvements. Residents and prospective investors are sure to notice that the Seller paid great attention to detail and spared no expense while rebuilding this property. Ideal for Owner Occupancy.

Phoenix AZ Home for Sale

Seller Carry Opportunity; as little as 4% interest rate depending on terms, call for more information! Casitas on Turney is comprised of (1) studio and (9) 2-bed / 1-bath units. The property has ample parking and privately fenced front and/or backyards. In the mid 2000's 5 of the units that were completely rebuilt from the ground up. Most recently 2 units were completely remodeled from the studs, leaving only (3) units in more original condition. There's a value-add opportunity both now and in the future by completing the renovations and the installation of an on-site or in-suite laundry facility. Down the line there is additional value to be added through redeveloping the site with the current R-3 zoning allowing for additional units.

Scottsdale AZ Home for Sale

This fourplex underwent a full gut renovation in 2022. The property boasts a phenomenal unit mix consisting of (1) 1-bed / 1-bath units and (3) 2-bed / 2-bath units. The interior for each unit has been fully renovated down to the studs and features new flooring, shaker cabinets, stainless steel appliance packages, in-unit washer and dryers and more. The exterior boasts a new roof, landscaping, dual pane windows in-unit washer and dryers and more. The exterior boasts a new roof, landscaping, dual pane windows, electrical & panels, plumbing and private front patios.

Scottsdale AZ Home for Sale

9 on 66th Place was built in 1969 and underwent full-gut renovation in April of 2024. The property is made up of four buildings consisting of (3) duplexes and (1) triplex. The apartment community started leasing at the beginning of April and is already 50% leased. The community features a phenomenal unit mix of (1) 1-bedroom / 1-bathroom units, (7) 2-bedroom / 1.5-bathroom units, and (1) 2-bedroom / 2-bathroom unit. The interior for each unit in this community has been fully renovated down to the studs and features new flooring, flat panel & shaker cabinets, stainless steel appliance package, oversized luxury windows, in-unit washer and dryers, and more. The exterior boasts a new roof, tasteful desert landscaping, dual pane windows, electrical & panels, plumbing & private patios.

Scottsdale AZ Home for Sale

This fourplex underwent a full gut renovation in 2022. The property boasts a phenomenal unit mix consisting. The property boasts a phenomenal unit mix consisting of (1) 1-bed / 1-bath units and (3) 2-bed / 1-bath units. The interior for each unit has been fully renovated down to the studs and features new flooring, shaker cabinets, stainless steel appliance packages, in-unit washer and dryers and more. The exterior boasts a new roof, landscaping, dual pane windows in-unit washer and dryers and more. The exterior boasts a new roof, landscaping, dual pane windows, electrical & panels, plumbing and private front patios. One unit is operating as an Airbnb and can be vacant upon closing for an owner occupant. The rest of the units are traditionally leased.

Tucson AZ Residential Income for Sale

This 2009 vintage triplex is comprised of (3) detached single family homes. Each unit is 1,680 sf and boasts 5 bedrooms and 2 full bathrooms, 10-Foot ceilings, modern kitchen & appliances, in-unit washer / dryer, dry-bar, walk-in closets, private backyard, private second-story deck and much more. The property is currently operating as student housing with total monthly income of $8,050/mo (actual income). Owner charges back tenants for all utilities. The units / bedrooms lease up quickly as the property is in fantastic condition and is within biking distance to the University of Arizona. Residential financing is applicable.

Mesa AZ Multiple Dwellings for Sale

449 North Williams was originally built in 1963 and extensively renovated in 2022. The property features solid block construction and an attractive unit mix, consisting of four 2-bedroom / 1-bathroom units that average 950 square feet. The current operator spared no expense during the renovations. All units have been outfitted with new vinyl-plank flooring, ceiling fans, fresh paint, kitchen appliance packages, cabinets, countertops, bathroom vanities, shower / tub enclosures, and the installation of in-suite washers and dryers. Exterior upgrades include fresh paint throughout, replacement of the plumbing mainline, new windows, in-unit water heaters, and more.

Phoenix AZ Multiple Dwellings for Sale

Property Must Be Sold With 2928 E Monroe Street!!! Seller's preference is to Sell with 2930 E Monroe Street as well! The (2) properties are Single Family Homes with Additional Dwelling Units. In total there are (4) units featuring (1) 1-Bed / 1-Bath & (3) 2-Bed / 1-Bath. All units are individually metered for electricity, owner pays Water, Sewer & Trash. The average in-place rent is $1,202 with all leases being on month-to-month basis. The purchaser has the ability to continue to cash-flow or do more extensive interior and exterior upgrades. The property is centrally located and situated minutes from Downtown Phoenix, Sky Harbor and provides immediate access to major highways, public transportation, and the city's growing business and entertainment districts.

Phoenix AZ Residential Income for Sale

This charming triplex in Downtown Phoenix presents a unique investment opportunity with a diverse unit mix consisting of a remodeled single-family home (3-bed/1.5-bath) and a duplex with a studio and a 1-bed/1-bath unit. Originally built in 1936, the single-family home underwent extensive renovations in 2021, enhancing its appeal and long-term value. Each unit offers dedicated parking and in-unit washer/dryer, ensuring convenience for tenants. Ideally located just a 15-minute walk from the Footprint Center and Chase Field, the property provides excellent access to Downtown Phoenix's shopping, dining, and entertainment options. With its prime location and strong rental potential, this garden-style triplex is an attractive asset for passive investors / owner occupants.

Phoenix AZ Residential Income for Sale

Montezuma is a 12-unit apartment community in Phoenix, offering two-bedroom / one-bathroom units. Built in 1963 and renovated in 2024, it still holds value-add potential for further upgrades. A total of (7) units have in-unit washer / dryer. Out of those units (5) have been fully renovated.A major advantage is the assumable sub $1.2M Freddie Mac loan at 3.31%, ensuring strong cash flow and stability in a high-interest rate environment.Just 10 minutes from Sky Harbor Airport, the property benefits from high tenant demand, job growth, and excellent connectivity. With stable income and growth potential, Montezuma is a prime investment in Phoenix's booming rental market.All units are occupied. We cannot allow tours to the interior of any unit

Phoenix AZ Residential Income for Sale

The Barrs in Willetta is a 4-unit garden-style property, the front-house was originally built in 1905 and the triplex was built in 1984 with block masonry. The property has been extensively remodeled inside and out in 2024. The community features a desirable mix of (1) two-bedroom, two-bath single-family home and (3) one-bedroom, one-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 is also individually metered for electricity sparing the owner an additional utility cost. Ideally situated just minutes from Downtown Phoenix, Arcadia Lite, and Sky Harbor Airport.POF needed in order to tour interiors.

Phoenix AZ Multiple Dwellings for Sale

This sale consists of 4 lots with a total of 15 units. 109-32-014 109-32-015 109-32-016 109-32-017 13 units currently have tenants on month to month leases, several tenants have been there for years but definitely room to raise rents. Great cap rate and priced very well! No access to the properties until contract acceptance. Drive by only.

Phoenix AZ Residential Income for Sale

5632 S Montezuma Avenue is a 4-unit apartment community in Phoenix, offering two-bedroom / one-bathrooms for each unit. (3) units have washer / dryer in-unit and (1) unit is fully renovated. Built in 1963 and renovated in 2024, it still holds value-add potential for further upgrades. Just 10 minutes from Sky Harbor Airport, the property benefits from high tenant demand, job growth, and excellent connectivity. With stable income and growth potential, this fourplex is a prime investment in Phoenix's booming rental market. All units are occupied.

Phoenix AZ Residential Income for Sale

5646 S Montezuma Avenue is 4-unit apartment community in located in South Phoenix, offering two-bedroom / one-bathrooms for each unit. (1) unit is in classic condition, (1) unit is partially renovated and (2) units are fully renovated with in-unit washer / dryer. Built in 1963 and renovated in 2024, it still holds value-add potential for further upgrades. Just 10 minutes from Sky Harbor Airport, the property benefits from high tenant demand, job growth, and excellent connectivity. With stable income and growth potential, this fourplex is a prime investment in Phoenix's booming rental market. All units are occupied.

Phoenix AZ Residential Income for Sale

5640 S Montezuma Avenue is 4-unit apartment community in located in South Phoenix, offering two-bedroom / one-bathrooms for each unit. (3) units are in classic condition and (1) unit is fully renovated with in-unit washer / dryer. Built in 1963 and renovated in 2024, it still holds value-add potential for further upgrades. Just 10 minutes from Sky Harbor Airport, the property benefits from high tenant demand, job growth, and excellent connectivity. With stable income and growth potential, this fourplex is a prime investment in Phoenix's booming rental market. All units are occupied.

Scottsdale AZ Multiple Dwellings for Sale

This turnkey fourplex was originally constructed in 1962 and underwent a full-scale renovation in 2022. Each unit is a spacious 2-bedroom, 1-bathroom layout measuring approximately 855 square feet. Every residence features in-unit washers and dryers, stylish modern kitchens with stainless steel appliances, updated bathrooms with designer tile, and private patios that open to a beautifully maintained grassy courtyard shaded by mature trees. The property also includes private exterior storage for each unit and covered parking. Currently operating as a fully furnished short-term rental.

Scottsdale AZ Multiple Dwellings for Sale

This turnkey fourplex was originally constructed in 1962 and underwent a full-scale renovation in 2022. Each unit is a spacious 2-bedroom, 1-bathroom layout measuring approximately 855 square feet. Every residence features in-unit washers and dryers, stylish modern kitchens with stainless steel appliances, updated bathrooms with designer tile, and private patios that open to a beautifully maintained grassy courtyard shaded by mature trees. The property also includes private exterior storage for each unit and covered parking. Currently operating as a fully furnished short-term rental.

Scottsdale AZ Multiple Dwellings for Sale

This turnkey fourplex was originally constructed in 1962 and underwent a full-scale renovation in 2022. Each unit is a spacious 2-bedroom, 1-bathroom layout measuring approximately 855 square feet. Every residence features in-unit washers and dryers, stylish modern kitchens with stainless steel appliances, updated bathrooms with designer tile, and private patios that open to a beautifully maintained grassy courtyard shaded by mature trees. The property also includes private exterior storage for each unit and covered parking. Currently operating as a fully furnished short-term rental.

Mesa AZ Residential Income for Sale

Broadway Apartments offers a unit mix of 80% 2-bed / 1-bath and 20% 1-bed / 1-bath units. Interiors feature modern finishes such as wood-style vinyl plank flooring, fresh paint, sleek gray cabinetry, marbled countertops, and stainless steel appliances. Each unit includes in-unit washer / dryer package, a private backyard, individual exterior storage closet and ample covered parking. Every unit has been fully updated with contemporary fixtures.

Scottsdale AZ Residential Income for Sale

unit mix includes 3 1-bedroom/1-bathroom apartments and 1 larger 2-bedroom/1-bathroom. 3 Brand new HVAC's and ducting completed. 2 Units fully renovated with Washer and Dryer. Each unit is individually metered for electricity, ensuring tenants have control over their utility usage. The property's prime location places it less than three miles from Arizona State University's main campus and the vibrant Tempe Town Lake, making it an ideal choice for students, young professionals, and families alike. Can be purchased with fourplex next door 7234 E Belleview St.

Scottsdale AZ Residential Income for Sale

The unit mix includes 3 1-bedroom/1-bathroom apartments and 1 larger 2-bedroom/1-bathroom. Each Unit has washer and dryer and individually metered for electricity. The property's prime location places it less than three miles from Arizona State University's main campus and the vibrant Tempe Town Lake, making it an ideal choice for students, young professionals, and families alike. Can be purchased with fourplex next door 7232 E Belleview St.

Phoenix AZ Residential Income for Sale

1341 East Polk Street is a five-unit multifamily property in Phoenix's vibrant Garfield Historic District. Built in 2017, it offers a mix of spacious three-bedroom unitsmost with three bathsand features two-car garages, private balconies, and in-unit laundry. Residents enjoy modern finishes, open layouts, and walkable access to shops, dining, and culture, just 10 minutes from Sky Harbor Airport. Individually metered utilities reduce owner costs, while light cosmetic upgrades and modest rent increases provide a clear path to income growth and long-term upside.

Phoenix AZ Multiple Dwellings for Sale

3005 East Paradise Lane is a newly built duplex offering two large, modern residences in a desirable residential setting. Framed in 2018 and fully completed in 2022, both units has a 4-bedroom, 2.5-bath layout, spanning approximately 2,200 square feet. The open-concept floor-plans feature bright living areas with abundant natural light, neutral paint tones, and designer touches. The kitchens are equipped with granite countertops, quality cabinetry, and bar seating. Upstairs, large bedrooms and thoughtfully designed bathroomsincluding double-vanity primary suites with separate tub and showeroffer the comfort of a single-family home. Each residence includes a two-car garage, large private backyard space with low-maintenance hardscaping, and in-unit washer / dryer.

Phoenix AZ Residential Income for Sale

The Axl in Garfield is a 4-unit garden-style community featuring block construction and extensive renovations completed in 2024. Built in 1965, 1968, and 1996, the property has been fully modernized inside and out.The community consists of (3) two-bedroom / one-bath units and (1) one-bedroom / one-bath unit, each showcasing brand-new interiors with upgraded flooring, cabinetry, countertops, stainless steel appliances, and in-unit washer/dryers. Select residences also feature private fenced yards, offering a rare level of privacy and livability in this highly walkable neighborhood. Residents enjoy dedicated parking, low-maintenance landscaping, and immediate access to Downtown Phoenix.

Phoenix AZ Multiple Dwellings for Sale

*Seller Must Close Prior to the End of the Year* 398 North 20th Drive is a 4-unit, garden-style property, originally constructed in 1984. This clean and well-kept fourplex features 100% two-bedroom/one-bathroom units, each individually metered for electricity. While fully occupied and positioned for immediate cash flow, the asset also presents a lighter value-add opportunity through continued interior and exterior upgrades, supported by ample on-site parking and a desirable west Phoenix location. Situated in close proximity to downtown, the Arizona Capitol Museum, and major freeway access, the property offers both convenience and attractive upside for future ownership.

Phoenix AZ Residential Income for Sale

1249 & 1253 W Pierce St is an 8-unit, garden-style property, constructed in 1986. The asset consists of two individually parceled fourplexes, offering flexible financing options and long-term investment versatility. The unit mix comprises (4) 3-bedroom/1-bathroom units and (4) 2-bedroom/1-bathroom units, each individually metered for electricity. The unit's interiors have been upgraded and include in-unit washers and dryers, enhancing appeal and rental demand. The property also features an on-site gated parking lot for added convenience and security. Ideally situated just minutes from the Grand Avenue Arts District, Roosevelt Row, and Downtown Phoenix, the asset benefits from strong tenant demand and easy access to a vibrant mix of employment, dining, arts, and entertainment.

Scottsdale AZ Residential Income for Sale

The Seller is currently making cosmetic improvements to the building. This property is a 4-unit mixed-income housing community situated in Old Town Scottsdale. The property was built in 1958 and offers all (4) 2-bed / 1-bath units. Community amenities include a courtyard space and ample parking.

Scottsdale AZ Residential Income for Sale

Please note the low income restriction is set to expire on July 6, 2027. This property is a 4-unit mixed-income housing community situated in Old Town Scottsdale. The property was built in 1958 and was later placed in service under the Section 42 Low-Income Housing Tax Credit (LIHTC) program. There is an existing regulatory agreement in place which requires all 4 units to be rented to income qualifying residents earning no more than 50% and 60% of the Area Median Income (AMI) limits, which are provided by The Arizona Department of Housing. The property offers a range in unit types with (1) large studio, (1) 1-bed / 1-bath unit, and (2) 2-bed / 1-bath units. The studio has the layout ability to be converted into a 1-bed / 1-bath unit. Amenities include private yards & community courtyard.

Scottsdale AZ Residential Income for Sale

This property is a 4-unit mixed-income housing community situated in Old Town Scottsdale. The property was built in 1958 and was later placed in service under the Section 42 Low-Income Housing Tax Credit (LIHTC) program. There is an existing regulatory agreement in place which requires all 4 units to be rented to income qualifying residents earning no more than 50% and 60% of the Area Median Income (AMI) limits, which are provided by The Arizona Department of Housing. The low income restriction is set to expire in July 2027. The property offers a range in unit types with (1) large studio, (1) 1-bed / 1-bath units, and (2) 2-bed / 1-bath units. The studio has the layout ability to be converted into a 1-bed / 1-bath unit. Community amenities include a courtyard space and ample parking.

Phoenix AZ Multiple Dwellings for Sale

1133 W North Ln is a 4-unit, single-story property built in 1981 that features 100% 2-bedroom/1-bathroom units. Each unit includes washer/dryer hookups, private yards or patios, and is individually metered for electricity. The property is well located in North Phoenix, just minutes from North Mountain Park, The Metropolitan, and a variety of outdoor recreation options.

Phoenix AZ Residential Income for Sale

1313 West Taylor Street is a 6-Unit apartment building, built in 1974 and consisting of block construction. With an attractive unit mix of (1) 1-Bed / 1-Bath Unit & (5) 2-Bed / 1-Bath Units this property will appeal to a wide tenant base. Four of the Six units recently underwent significant renovations which include the installation of W/D Hook-Up's. Additional Value is to be had through completing renovation to the final (2) units. Located just outside the sought after ''Triangle District'' 1313 West Taylor Street is just minutes from the heart of Downtown Phoenix. Property to be sold in ''as-is'' condition.

Phoenix AZ Residential Income for Sale

1314 West Polk Street is a 4-Unit apartment building, built in 1985 and consisting of block construction. With an attractive unit mix consisting of 100% 2-Bedroom / 1-Bathroom Units with an average unit size of 713 SF. All (4) units were recently updated with renovations being completed in early 2020. A well constructed perimeter wall was recently installed which is complemented with key-pad entry gates at both the front and rear entrances. Additional Value is to be had through the installation of In-Suite W/D. Being located just outside the highly sought after ''Triangle District'' 1314 West Polk Street is just minutes from the heart of Downtown Phoenix. Property to be sold in ''as-is'' condition.

Phoenix AZ Residential Income for Sale

1018 & 1022 North 22nd Place is an 8-unit, garden-style apartment community built in 1986, featuring a desirable unit mix of 100% two-bedroom, one-bathroom apartments. The property is comprised of two individually parceled fourplexes, offering flexibility for financing or future disposition strategies. Each unit is separately metered for electricity and includes ample on-site parking. Ideally located just minutes from Downtown Phoenix, Sky Harbor International Airport, and major freeway access, the asset provides a clear value-add opportunity through interior and exterior upgrades and presents strong upside potential.

Phoenix AZ Residential Income for Sale

1102 E Pierce St is a well maintained 4-unit, garden-style property, built in 1984. The property features a desirable unit mix of 100% two-bedroom, one-bathroom apartments. Each unit has been fully renovated with modern finishes and includes in-unit washer and dryers, offering a turnkey investment with strong renter appeal. The property is individually metered for electricity, and tenants enjoy the benefit of private yards, on-site parking, and additional storage rooms. Located in the sought-after Garfield Historic District, the property is just minutes from Downtown Phoenix, placing residents close to employment hubs, dining, entertainment, and major transportation corridors.

Phoenix AZ Residential Income for Sale

Beautifully renovated fourplex consisting of all 2 bed / 1 bathrooms. Each unit feels like a home with its own carport for each unit and backyard. Completely renovated with barn doors, stainless steel appliances, flooring, bathrooms, etc. Located within 1 mile of the Rose Mofford Sports Complex and 1.5 miles to the Metrocenter Entertainment & Dining Complex. Fully Occupied!

Phoenix AZ Residential Income for Sale

Beautiful fourplex in a super quaint, extremely popular neighborhood in the south Arcadia submarket. All of the fourplexes on this street have a very unique, Ralph Haver-style that is incredibly desirable as far as mid-century architecture goes. The property offers a beautiful common area and the units are all extremely spacious with tons of storage, large bedrooms, and plenty of living space. This fourplex consists of LARGE three 2-bedroom / 2-bath units (very rare for this vintage) and one 1-bedroom / 1-bath unit. The units on this street lease-up incredibly fast given the combination of spaciousness of the units and the mid-century architecture.