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$1,625,000
10 Beds 8 Baths 7061722 MLS
8939 N 8th Street offers investors the opportunity to acquire a fully leased, eight-unit multifamily property operating under a five-year Absolute NNN master lease with an established tenant. The lease provides predictable income, annual rent increases and minimal landlord responsibilities. The tenant has demonstrated exceptional reliability by consistently paying rent on time, carefully maintaining the property and investing its own funds into exterior painting and landscaping. These tenant-funded improvements have further enhanced the property's curb appeal and long-term value. Financial Highlights Asking Price: $1,625,000 Actual Year 2 Cap Rate: 7.83% Year 2 Base Rent: $10,600 per month Annual Base Rent: $127,200 Annual Tax and Insurance Reimbursements: $12,577.32 Total Annual Lease Payment: $139,777.32 Scheduled Annual Base-Rent Increase: $1,200 Price Per Unit: $203,125 September 1, 2026 payment received Lease Highlights Five-year Absolute NNN master lease Initial lease term: September 1, 2025 through August 31, 2030 Approximately four years remain on the initial lease term Base rent increases by $100 per month at the beginning of each remaining lease year Two additional five-year renewal options Personal guarantee First right of refusal Tenant responsible for property taxes, insurance, utilities, maintenance and day-to-day property operations Property Details The property contains eight residential units consisting of: Six one-bedroom/one-bathroom units Two two-bedroom/one-bathroom units On-site laundry room Three separate storage rooms Appliances in every unit Gated access and privacy wall Attractive paver patio with television and electrical outlets Approximately 4,461 square feet of building area The former office has been converted into the eighth residential unit, creating a complete eight-unit residential configuration with no remaining office space. Renovations and Improvements The property underwent extensive interior renovations in 2024, including improvements to the apartment interiors and bathrooms. Additional property improvements include: Exterior painting completed by the tenant Landscaping improvements completed by the tenant Updated apartment interiors Renovated bathrooms Security gate Privacy wall Paver patio Updated mailboxes Well-maintained common areas Investment Opportunity This offering combines an Absolute NNN lease, an actual 7.83% Year 2 cap rate, contractual rent growth and a tenant that actively reinvests in the property. A recent appraisal supports the asking price, providing additional documentation for prospective investors.

8939 N 8th Street, Phoenix

$435,000
4 Beds 3 Baths 7058755 MLS
hree at Taylor Located in the heart of the rapidly revitalizing Phoenix, this well-positioned triplex offers an exceptional opportunity for both investors and owner-occupants seeking strong rental demand and long-term appreciation. Situated in the desirable Garfield Historic District area, the property benefits from its proximity to downtown employment hubs, dining, arts, and entertainment. The property features one 2 bedroom and two 1 bedroom units , providing diversified income potential in one of Phoenix's most active rental corridors. Tenants enjoy convenient access to Arizona State University's downtown campus, major medical centers including Banner - University Medical Center Phoenix, and cultural attractions such as the Phoenix Art Museum. Commuting is seamless with nearby acces to the Valley Metro Light Rail, connecting residents throughout the metro area. Currently rented below markets at $925, $950 & one vacant unit Market rents are $1,050 to $1,250 Each unit offers functional layouts with comfortable living spaces, remodeled making the property attractive for long-term tenants or potential short-term rental strategies where permitted. The central location places residents minutes from downtown Phoenix restaurants, nightlife, and employment centers while maintaining the neighborhood charm of one of the city's most established districts. Whether you're expanding a rental portfolio or seeking a property with strong income potential in a high-growth urban market, this triplex presents a compelling opportunity in one of Phoenix's most desirable investment corridors. All facts and figures are approximate buyer verify MLS information

2142 E Taylor Street Unit 1, Phoenix

$750,000
6 Beds 4 Baths 7058509 MLS
Four at Willetta is a stabilized, garden-style four-unit multifamily asset located in the highly desirable Biltmore/Arcadia corridor of Phoenix, Arizona. Constructed in the 1980s, the property offers a functional unit mix of two two-bedroom/one-bath units and two one-bedroom/one-bath units, catering to a broad tenant base in a high-demand rental submarket. The property has maintained 100% occupancy for nearly a decade, supported by long-term tenancy and consistent rental demand. Current in-place rents range from $1,100 to $1,350, presenting a clear value-add opportunity as market rents in the immediate area range from approximately $1,200 to $1,450. A new owner has the ability to implement a measured rental repositioning strategy to capture upside while maintaining occupancy stability. Four at Willetta is a stabilized, garden-style four-unit multifamily asset located in the highly desirable Biltmore/Arcadia corridor of Phoenix, Arizona. Constructed in the 1980s, the property offers a functional unit mix of two two-bedroom/one-bath units and two one-bedroom/one-bath units, catering to a broad tenant base in a high-demand rental submarket. The property has maintained 100% occupancy for nearly a decade, supported by long-term tenancy and consistent rental demand. Current in-place rents range from $1,100 to $1,350, presenting a clear value-add opportunity as market rents in the immediate area range from approximately $1,200 to $1,450. A new owner has the ability to implement a measured rental repositioning strategy to capture upside while maintaining occupancy stability. Each unit is equipped with central air conditioning, tile flooring, or laminate and white cabinetry, stainless steal appliances, and all units feature private backyard spaces--an amenity that differentiates the asset from competing properties and supports tenant retention. The property has undergone recent exterior capital improvements, including new paint, upgraded fencing and gates, modernized entry doors, enhanced lighting, and refreshed landscaping. All facts and figures are approximate buyer verify MLS info Owner Broker

2444 E Willetta Street Unit 4, Phoenix

$475,000
3 Beds 4 Baths 7057523 MLS
This beautiful yet affordable home right in the center of town. Quiet yet close to everything. Consists of a main home and a small apartment with a separate entrance. The main home has 2 master bedroom and 2.5 bathrooms. Custom paint and cabinets. Upgraded GE slate appliances. Free-Standing center island remains with house. Trex decking. Energy efficient. making good money) Paved parking and RV hookup and Storage. Create your own split floor plan home with room for everyone or own your investment property here in the cool Payson area. Here are a few ''extras'' we want to make sure you know about: New upper roof (all except the little piece over the front porch) - fall, 2025 Fully fenced, very large side yard Walkout basement in the back is a small apartment with 1 bedroom, a second room that consists of a kitchenette/living room combo, and a spacious bathroom. It currently has a tenant making good money. It could become an adult child's or grandparents's living quarters, a guest apartment. Private patio. Includes: Two-door 10 cu ft fridge Microwave Toaster oven Full-size sink with disposal Flip-up countertop extension Dimmered under-cabinet lighting Large pantry with bright, even lighting Range hood with ducted exhaust fan Induction cooktop can be put away in pantry or used on the patio with an ext cord Ceiling fans in bedroom and kitchen/living room 43" smart TV Flip-up coffee table Kitchen/livingroom has hard flooring, bedroom has new carpet. Unit is bermed up (half under ground) and so needs less heating/cooling Window a/c and in-wall heaters Full-sized bathroom with roomy shower and built-in linen closet North-facing pavers patio with pavers, table, chairs, umbrella, and 3-string patio lights, is shrubbery - secluded.

404 S Ponderosa Street, Payson

$749,999
6 Beds 8 Baths 7057410 MLS
Attention aspiring SHORT TERM RENTAL owners!! This is an amazing opportunity to turn a profit and own an investment property. Numbers for only ONE side of the duplex provide a $39K revenue. To help ease the new owners worries there are new roofs on both sides, new AC unit on one side, new water heater on one side, both units come with W/D, refrigerators and blinds. This Is a prime Tempe investment opportunity! This beautifully updated duplex is located in one of the Valley's strongest rental markets, just minutes from Arizona State University, Sky Harbor International Airport, Downtown Tempe, Tempe Town Lake, and major employment hubs. With easy access to Loop 202, SR-143, and I-10, this is an ideal location for attracting long and short-term tenants. Each unit offers a modern, open-concept layout with designer finishes, granite countertops, stainless steel appliances, wood-look tile flooring, spacious bedrooms, private patios, and low-maintenance outdoor space. All features that help attract and retain quality tenants. The property has demonstrated strong rental demand and offers an excellent opportunity for investors seeking immediate income with long-term appreciation potential. Whether you're looking to expand your portfolio, complete a 1031 exchange, or live in one unit while generating rental income from the other, this property checks all the boxes. Opportunities to own a well-maintained duplex in this highly sought-after Tempe location are few and far between. Don't miss your chance to own an income-producing asset in one of Arizona's most consistently desirable rental markets.

421 S Terry Lane, Tempe

$515,000
5 Beds 3 Baths 7055795 MLS
This beautifully appointed and completely remodeled duplex is located in a beautiful desert Oasis known for its hiking trails, beaver creek, pristine swimming holes, numerous wineries and rich natural history. The property is situated in the Verde Valley -about 90 miles north of Phoenix and 10 miles south of Sedona and a short driving distance to many of the areas AVA wineries. This amazing multi-family unit has been completely and perfectly remodeled with modern cabinetry, premium flooring and thoughtful storage solutions throughout. Each and every detail of the 2 separate living units has been meticulously designed and hand fabricated. All the bedrooms in both units have been have been upgraded with linen storage in the bathrooms and hand crafted cabinetry, Premium, high-end, plank style flooring has been installed in all rooms of the entire property for durability and low maintenance cost. This modern duplex is perfect as a rental investment property or for a large family that requires space and privacy of accommodations. Each of the 2 units has its discreet utility billing and the lower unit has a separate 10 x 12 secure storage unit. The lower unit # A has its own private yard and covered parking spaces and the driveway has room for an RV or a large truck to safely park off street. The driveway of the duplex includes an extra large carport with and sunscreen that is completely unattached to the structure of the house.The oversized 2.5 car garage is over 900 square feet and includes a dedicated swamp cooler and a fully functional bathroom and a 30 ft. long work bench with massive amounts of shelving and storage compartments including 50 amp service for RV hook-up and extra electrical power needed. This house was designed for owner and tenant (and guests) to live separately and privately. The Seller is willing to disassemble the detached driveway carport if the buyers do not wish it to convey with the sale of the property.

4080 N Pima Way, Rimrock

$1,275,000
6 Beds 4 Baths 7053329 MLS
RARE PRESCOTT FOUR-RESIDENCE PORTFOLIO! Four independent homes on two adjacent parcels offered together at $1,275,000. Buying four separate Prescott residences individually could require substantially more--this is a unique opportunity to secure four distinct homes in one package. Includes the Yellow House and Yellow Cottage at 703 Ruth St., plus the newly built Green House and Green Cottage at 705 Ruth St. The cottages are true 1-bedroom residences, not studios, with full kitchens, full-size appliances, in-unit laundry, private entrances, private outdoor space and private parking. Both cottages have rental history of approx. $1,700/month each. The Yellow House and Yellow Cottage are believed to date to circa 1912 and offer classic Prescott character, vintage details, garden areas and inviting outdoor spaces. The Green House, built in 2025, blends modern construction with a timeless cottage/bungalow feel, featuring warm living spaces, arched openings, designer lighting, updated kitchen finishes and thoughtful vintage-inspired style. Together, the two parcels offer approximately 3,248 sq. ft. of combined improvements, four separate residences, city utilities, no HOA and multiple parking areas. The configuration creates exceptional flexibility for investors, multi-generational living, owner occupants, furnished rentals, long-term rentals, or a long-term Prescott hold. Four independent residences on two adjacent Prescott parcels at this price point are difficult to duplicate. Offered together as one portfolio only. Buyer to verify zoning, permitted uses, leases, rental history, square footage and any redevelopment or expansion potential.

705 S Ruth Street, Prescott

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