Gainey Ranch AZ Multi-Family Real Estate, Homes for Sale

This Central City triplex delivers IMMEDIATE INCOME with $4000+ in gross monthly rent already locked in. Three SEPARATELY METERED units--two in the front building, one standalone in back, all currently leased. This property checks all the boxes: immediate income, low management overhead, and clear upside. Central City location means solid tenant demand and easy access to downtown Phoenix. True hands-off operation with SEPARATE ENTRANCES for each unit, private outdoor space, requiring minimal active management and maintaining strong tenant satisfaction. Whether you're a first-time house hacker seeking to reduce your housing costs or an experienced investor building a multifamily portfolio, this three-unit property offers flexibility, immediate income, and growth potential in a stable rental market. Hurry! This won't last. DRIVE-BY ONLY--do not disturb tenants. Walkthroughs by accepted offer only. Buyer to verify all information.

1507 W Tonto Street, Phoenix

$2,250,000

22 Beds ⋅ 16 Baths ⋅ 7098707 MLS

Adams Street Apartments is a 16-unit apartment community offering immediate value-add potential. Originally configured as 17 units, the property includes a storage room that could be converted back into a studio unit, creating an opportunity for additional rental income. Owned and operated by the same ownership since 2012, the property has benefited from consistent capital improvements, including new roofs, ongoing electrical panel replacements and extensive plumbing updates. Units have also been renovated incrementally as they become vacant. With a majority of long-term tenants paying below-market rents, the property offers investors multiple opportunities to increase income through continued renovations, loss to lease recovery and the restoration of the 17th unit.

1930-1938 E Adams Street, Phoenix

$639,000

5 Beds ⋅ 4 Baths ⋅ 7098523 MLS

Exceptional Multifamily Investment; $4,400+ Monthly Gross Rental Income; Expansive Corner Lot. (~20,500+sqft) Discover an outstanding investment opportunity in the heart of Casa Grande! Situated on a generously sized corner lot, this income-producing multifamily property offers the ideal combination of established rental income, desirable tenant amenities, and exciting potential for future expansion. Currently generating $4,400+ in gross monthly rental income, with all units occupied, SEPARATELY METERED this property offers immediate INCOME potential for investors looking to expand their portfolio or capitalize on a versatile real estate asset. Each unit features a private yard, in-unit washer and dryer, stove, and refrigerator, providing convenience, privacy, and outdoor space for residents. The EXPANSIVE DOUBLE LOT opens the door to a variety of possibilities. Explore opportunities for additional storage, vehicle and recreational equipment parking, enhanced outdoor spaces, or potential future development, including additional ADUs or casitas, subject to zoning, permitting, and applicable approvals. Whether your strategy focuses on maintaining existing cash flow, improving the property over time, or exploring additional income-producing possibilities, this property offers flexibility to pursue your INVESTMENT GOALS. Conveniently located near Casa Grande amenities, shopping, dining, and everyday essentials, this is an opportunity to acquire an established multifamily asset with current income and potential long-term upside. Drive-by only. Please do not disturb tenants. Property walkthroughs are available only with an accepted offer. Buyer to verify all information.

1005 N Center Avenue, Casa Grande

$845,000

8 Beds ⋅ 14 Baths ⋅ 7098319 MLS

WHY START FROM SCRATCH WHEN YOUR INVESTMENT CAN START WORKING FOR YOU FROM DAY ONE? Here's your opportunity to own a beautiful, nearly new duplex in the heart of Phoenix, with an established tenant already leasing BOTH units under a 3-YEAR LEASE AGREEMENT! Built in 2024, this income-producing property offers 3,334 total sq. ft., featuring TWO spacious 4-bedroom, 3.5-bath residences, each with dual primary suites, modern finishes, quartz countertops, stainless steel appliances, two laundry areas, and a 2-car garage. EV charging adds another modern convenience! Minutes from Downtown Phoenix, major employment centers, entertainment, and freeways. YEAR-END INVESTORS, TAKE NOTICE! Secure an income-producing asset with potential depreciation and tax advantages. Why wait to build your portfolio?

1434 S 11th Avenue, Phoenix

$3,200,000

38 Beds ⋅ 38 Baths ⋅ 7098169 MLS

Sierra Vistas Apartments is a 24-unit community offering a rare value-add opportunity in one of North Central Phoenix's most desirable and supply-constrained rental markets. Built in 1957, the two-story, garden-style community consists of (2) studios, (8) 1-bed/1-bath units, and (14) large 2-bed/2-bath units. Residents enjoy an on-site pool, a landscaped courtyard, community laundry, & covered parking. The property offers substantial upside through interior, exterior, & system renovations, giving a new owner the opportunity to unlock meaningful rental growth in a neighborhood with consistently strong tenant demand. Master-metered electric & a central chiller/boiler present further opportunities for a buyer to implement a capital improvement strategy tailored to their investment objectives. Situated in a quiet pocket of the highly sought-after 85014 zip code, the property offers residents convenient access to the Uptown Corridor, the Biltmore, Phoenix Mountains, SR-51, premier healthcare, major employment, popular dining, & everyday retail.

1123 E Sierra Vista Drive, Phoenix

$1,449,000

8 Beds ⋅ 12 Baths ⋅ 7098144 MLS

LOCATION, LOCATION, LOCATION! Modern Downtown Living Meets Contemporary Style! Introducing this stunning, newly built 2026 4-Plex at 170 E Monterey Way in the heart of Phoenix! Each thoughtfully designed residence offers 2 bedrooms, 2.5 bathrooms/ and 1,192 sq. ft.of stylish living space, featuring upscale upgrades, modern finishes, and charming private front patio perfect for morning coffee or unwinding outdoors! Each unit also includes 2 dedicated parking spaces for added convenience. Ideally located within walking distance of downtown phoenix, effortless access to local businesses, dining and entertainment, and the vibrant city lifestyle. Whether your seeking a modern urban home or a prime investment opportunity, this property delivers contemporary comfort in an unbeatable LOCATION!

170 E Monterey Way, Phoenix

$480,000

4 Beds ⋅ 3 Baths ⋅ 7097378 MLS

Discover a rare multifamily investment opportunity in Casa Grande featuring THREE SEPARATELY METERED, income-producing units with exceptional owner-occupancy potential. This strategically configured property comprises a duplex building (Units A & B) and a standalone single-family residence (Unit C). This property can generate upto $3,500+ in gross monthly rent, this turnkey property delivers IMMEDIATE returns with minimal landlord involvement. With Unit C (1 bed/1 bath) VACANT--presenting a unique house-hacking opportunity where you can owner-occupy while Units A (2 bed/1 bath) and B (1 bed/1 bath) cover your mortgage and generate PROFIT. All units are separately metered electricity, water, and gas, simplifying tenant management. In-unit WASHERS & DRYERS, gated parking for vehicles with abundant outdoor space. Current leases expiring 03/31/2027 (Unit A) and 4/30/2027 (Unit B) True hands-off operation with SEPARATE ENTRANCES for each unit, private outdoor space, requiring minimal active management and maintaining strong tenant satisfaction. Positioned in desirable Casa Grande with proximity to shopping, schools, parks, and vibrant downtown amenities, this property appeals to diverse tenant demographics and maintains strong rental demand. Whether you're a first-time house hacker seeking to reduce your housing costs or an experienced investor building a multifamily portfolio, this three-unit property offers flexibility, immediate income, and growth potential in a stable rental market. Hurry! This won't last. DRIVE-BY ONLY--do not disturb tenants. Walkthroughs by accepted offer only. Buyer to verify all information.

421 W 9th Street, Casa Grande

$424,900

5 Beds ⋅ 2 Baths ⋅ 7096762 MLS

Exceptional Duplex Investment Opportunity with an Assumable Loan! Discover an outstanding opportunity to own an income-producing duplex with valuable recent upgrades and an incredibly attractive financing option that is hard to find in today's market! Featuring two separate apartments--one spacious two-bedroom unit (currently rented at 1200.00)per month) and one three-bedroom unit (vacant freshly painted and ready to rent) )--this versatile property offers excellent potential for investors, owner-occupants, or buyers looking to expand their real estate portfolio. With important improvements already completed, including a newer roof, electrical upgrades, an outdoor patio cover, and fencing, Unheard of potential deserves a second look. Do not disturb tenants. Inspections with accepted offer.

1014 N 28th Street, Phoenix

$585,000

8 Beds ⋅ 4 Baths ⋅ 7096178 MLS

Freshly painted 4 plex consisting of all 2 bed / 1 bath units. All units feature tile flooring. Off street parking available for residents. Close proximity to schools and jobs.

3233 W Melvin Street, Phoenix

$799,000

8 Beds ⋅ 4 Baths ⋅ 7096167 MLS

Turnkey investment opportunity in Mesa! NO HOA!!! This fully occupied fourplex generates $5,750/month ($69,000/year) in gross rental income. Long term tenants in place that are willing to renew lease--providing immediate, stable cash flow from day one. Two units have been fully remodeled, and all four feature newer HVAC systems, helping minimize near-term capital expenses. Current rents are $1,550, $1,450, $1,450, and $1,300/month. The two remaining units offer future value-add potential through renovations and rent growth. A great opportunity for investors seeking an income-producing multifamily property with established tenants, strong rents, and upside potential. Please do not disturb tenants.

19 W Inglewood Street, Mesa

$554,500

6 Beds ⋅ 4 Baths ⋅ 7096001 MLS

Great investment opportunity! This newly built multifamily property features two matching units, each offering 3 bedrooms, 2 bathrooms, and 1,000 sq. ft. of living space. Both units feature spacious bedrooms, ample closet space, and tile flooring throughout. The modern kitchens include quartz countertops, soft-close cabinets, crown molding, a dedicated pantry, and brand-new appliances. Additional features include tankless water heaters, interior laundry hookups, and separate electric meters for each unit. Bathrooms are finished with elegant porcelain tub and shower surrounds. Outside, enjoy concrete driveways and easy-care gravel landscaping. Water is paid by the owner, making this property an attractive opportunity for both investors and future owners.

660 S 93rd Street, Mesa

$499,000

7095968 MLS

Situated on an expansive 35,480-square-foot (approximately 0.81-acre) lot in an evolving North Phoenix neighborhood, this R-3 zoned property presents a compelling opportunity for investors, developers, and visionaries looking to capitalize on the area's continued revitalization and long-term growth potential. Previously operating as a six-unit residential compound with multiple income-producing residences, the property offers a unique opportunity to reimagine its next chapter. The site has sustained significant fire damage, with only one of the original buildings remaining standing, creating an opportunity to explore redevelopment, reconstruction, or an entirely new residential investment concept. With its generous lot size, established residential surroundings, and convenient proximity to major transportation corridors, shopping, dining, and employment centers, the property offers an attractive foundation for a potential income-producing development. Whether envisioning multifamily housing, a thoughtfully designed residential compound, or another permitted use, the possibilities are worth exploring. An opportunity to acquire a substantial parcel in an evolving North Phoenix location and unlock its future potential. Buyer to verify zoning, allowable density, development requirements, and feasibility with the City of Phoenix.

2601 E Paradise Lane, Phoenix

$729,000

6 Beds ⋅ 4 Baths ⋅ 7095896 MLS

TWO SPACIOUS UNITS, ONE SMART INVESTMENT! PRIME TURNKEY DUPLEX IN SOUGHT-AFTER FOUNTAIN HILLS -- FULLY LEASED! An outstanding addition to any portfolio, this beautifully maintained fee-simple duplex offers immediate, reliable cash flow from day one. Built in 2003 on a generous 100x125 lot, the property features two identical, expansive units--each offering 3 bedrooms, 2 full baths, 2CG step free and approximately 1,300 square feet of living space (6 beds / 4 baths total). With vetted, long-term tenants already in place, this is a hands-off, low-maintenance performer in one of Arizona's most desirable rental markets. Rare stability meets prime Fountain Hills real estate.

17132 E Salida Drive, Fountain Hills

$879,990

5 Beds ⋅ 3 Baths ⋅ 7095796 MLS

Assume a 2.50% fixed-rate VA loan in a 7% market! Veteran and non-veteran buyers may assume with lender approval, potentially saving thousands versus new financing. This North Central Phoenix duplex offers 2,541 sf on a rare quarter-acre lot. Unit A is a single-family-sized 3 bed/2 bath home with an open great room and island kitchen; Unit B is a 2 bed/1 bath; the 2-car garage rents separately for added income. Major updates done: 2023 roof restoration with 5-yr workmanship warranty, dual-pane windows (2023), permitted electrical upgrade (2021), and in-unit laundry in both homes. Live in one unit and let the other help pay the mortgage, or hold as a cash-flowing rental with built-in rent upside. Opportunities like this are rare!

6226 N 14th Street, Phoenix

$1,850,000

22 Beds ⋅ 18 Baths ⋅ 7095479 MLS

The property does not have a lock box. The property is centrally located in the Biltmore/Arcadia area next to central and downtown corridor of Phoenix. It has an easy access to I 51, I 17, and interstate 10. It has an easy access to the Light Rail Stop at 16th St and Maryland Ave. The apartments are individually metered for electricity. They are single story, block construction. The laundry is on the premises. There are 5 parcels. Tax number parcels are: 164-36-015B, 164-36-015C, 164-36-015D, 164-36-015S, 164-36-015T.

1904 E Maryland Avenue, Phoenix

$3,300,000

28 Beds ⋅ 14 Baths ⋅ 7095112 MLS

A 14-unit apartment community in one of Phoenix's most accessible central locations. Every unit is a two-bedroom one-bath residence, and 12 units have been remodeled recently. The major building systems have also been updated: all air conditioners and water heaters were replaced within the past five years. That gives a new owner a well-maintained asset with limited near-term capital needs to step into a turn key business. The property also has clear, built-in upside. Current rents are about 10-15% below market, so an owner can increase income through rent adjustments. Most tenants are on a month-to-month lease, which lets a buyer move rents to market on their own timeline. The residents are long-term, which points to stable occupancy and a community people choose to stay in. Eight units h have their own washer and dryers and the rest of units use onsite community laundry. The property also includes vacant land with room for an additional fourplex. That gives an investor a path to grow the unit count from 14 to 18 and boost long-term returns through new construction. The location is just south of McDowell Road with quick access to the Loop 202 Red Mountain Freeway. Residents are minutes from Phoenix Sky Harbor International Airport, Downtown Phoenix, and Papago Park. Grocery shopping, schools, and major employment centers are all close by.

1229 N 35th Street, Phoenix

$600,000

3 Beds ⋅ 3 Baths ⋅ 7095048 MLS

Check out this lovely multiple dwelling residence, now for sale in Clifton Place! Nestled on a premium corner lot & featuring a large front yard w/plenty of parking space, this is an opportunity you cannot miss! Each unit boasts a spacious dining & living area w/elegant wood-look flooring and crisp palette throughout, perfect for entertaining. Kitchens come equipped w/shaker cabinetry, quartz counters, recessed lighting, and stainless steel appliances. Cozy bedrooms w/sizeable closets promise a good night's sleep! Enjoy an excellent location w/easy freeway access, close to various restaurants & shopping spots! What are you waiting for? Hurry and act now!

1332 E Campbell Avenue, Phoenix

$540,000

8 Beds ⋅ 300 Baths ⋅ 7094664 MLS

Investor's Delight for CASH FLOW! All units rented, 2br/2ba each for 3 Units with inside laundry. Unit 103 is a 1.5ba. Ideal location to schools close by, Loop 101 and 51, Desert Ridge, Scottsdale & Downtown Phoenix, DRIVE BY ONLY, DO NOT DISTURB TENANTS. There are 4 Leased Units that are each 2 Bedrooms. 103 - $1600 101 - $1500 102 - $1400 201 - $1300 totaling $5,800 Gross Rent/monthly..

2838 E Le Marche Avenue, Phoenix

$3,100,000

25 Beds ⋅ 20 Baths ⋅ 7094624 MLS

Exceptional Investment Opportunity in a Prime Phoenix Location! Papago View Apartments is a 20 Unit Complex consisting of 5 buildings with 4 units each. Built in 1964 with Solid Block Construction on a 36,000 sq. ft. lot, 19 of the 20 Units have been remodeled with new appliances, cabinetry, countertops & HVAC units. The unit mix is 15 One Bedroom Units and 5 Two Bedroom Units with several units having a private yard. Located just off the Loop 202, tenants enjoy quick commutes & proximity to many outdoor attractions such as Papago Park & the Phoenix Zoo. Exterior Inspection Only. Interior Inspection Only Upon Accepted Contract Unless Vacant Unit is Available.

320 N 52nd Street, Phoenix

$450,000

5 Beds ⋅ 1201 Baths ⋅ 7093837 MLS

Cash Flowing Triplex, Priced to Trade Quickly, Market Rents, Low Expenses Near North Mountain, I17, Tile Flooring, Private Patio's, Lots of Parking, Individually Metered for Electricity, Laundry Onsite Opportunity. All facts and figures approximate, Buyer to verify to their own satisfaction.

10213 N 15th Avenue, Phoenix

$847,500

8 Beds ⋅ 4 Baths ⋅ 7093446 MLS

MUST SELL SIMULTANEOUSLY WITH 422 W 6TH STREET - CONTIGOUS IDENTICAL 4-PLEX ALSO LISTED. Built in the late 1980s, 6th Street presents investors with an attractive value-add opportunity featuring eight two-bedroom, onebathroom residences in the heart of Mesa. With three units already renovated, the property offers a clear path to continued interior improvements and the potential to capture rental premiums through the renovation of the remaining five residences. Further distinguishing the community are its exceptionally spacious private backyards, an increasingly desirable amenity that enhances resident appeal and differentiates the property from competing multifamily communities. The existing layout also presents an opportunityto create two additional private backyards.

428 W 6th Street, Mesa

$847,500

8 Beds ⋅ 4 Baths ⋅ 7093444 MLS

MUST SELL SIMULTANEOUSLY WITH 428 W 6TH STREET - CONTIGOUS IDENTICAL 4-PLEX ALSO LISTED. Built in the late 1980s, 6th Street presents investors with an attractive value-add opportunity featuring eight two-bedroom, onebathroom residences in the heart of Mesa. With three units already renovated, the property offers a clear path to continued interior improvements and the potential to capture rental premiums through the renovation of the remaining five residences. Further distinguishing the community are its exceptionally spacious private backyards, an increasingly desirable amenity that enhances resident appeal and differentiates the property from competing multifamily communities. The existing layout also presents an opportunityto create two additional private backyards.

422 W 6th Street, Mesa

$325,000

5 Beds ⋅ 3 Baths ⋅ 7093436 MLS

{ INVESTOR ALERT } 3 Units with lots of parking!! Main home is a 2 Bedroom, 1 Bath approx 1080 Sqft with new windows installed as of Sept 2026! Next Unit is another 2 Bedroom, 1 Bath approx 780 Sqft with easy access from the alley! Third unit is a studio with a full bathroom and kitchen approx 336 Sqft. Tandem parking in driveway accessible from the street and extra parking accessible from the alley. Great location in central Phoenix near a major university, freeway, community bus routes, and shopping.

2516 W Pierson Street, Phoenix

$600,000

8 Beds ⋅ 4 Baths ⋅ 7093127 MLS

New Duplex listing ready for tenants and for you to have your investment. Or house hack and live in one and rent the other out for lower living expenses. This one is recently built in 2025 with all the upgrades!

1106 E Papago Street, Phoenix

$2,500,000

8 Beds ⋅ 8 Baths ⋅ 7093044 MLS

Location! Location! Location! Beautiful high-end, nearly new 4-Plex. Fantastic views to downtown, and across from newly renovated Hance Park and dog park and beautiful Japanese Friendship Garden. High-end Finishes, Vaulted Ceilings in upper units, all units have 2 Bedrooms and 2 Bathrooms with laundry in all units. Upper units have walk-out balconies in front and back. Common area includes a built-in BBQ and ramada and turf area with desert landscaping. Each unit has 1 assigned covered parking with one additional covered parking and ample uncovered parking next to the property. Less than 1/2 mi. to light rail and access to SUNS and DBACKS arenas, 1/2 mi. to Portland St. Cultural District and Roosevelt Row Arts District and Banner University hospital! Drive-by only until accepted contract

302 W Culver Street, Phoenix

$1,250,000

6 Beds ⋅ 6 Baths ⋅ 7092931 MLS

Built in 1953 and renovated in 2023, this 6-unit garden-style property features six 1-bedroom / 1-bathroom units with modern interior finishes throughout. Each unit has been renovated with vinyl flooring, quartz countertops, stainless-steel appliances, and updated cabinetry, along with the convenience of their own washer and dryer. A private backyard accompanies each unit, providing residents with ample outdoor space. Situated in Phoenix's Bel-Air neighborhood, the property is less than one mile from the Melrose District along 7th Avenue and offers convenient access to Phoenix Country Club, Encanto Park and Golf Course, and Phoenix College.

1710 W Glenrosa Avenue, Phoenix

$725,000

6 Beds ⋅ 17 Baths ⋅ 7092876 MLS

INVESTMENT OPPORTUNITY! Here is your chance to own a duplex in downtown Flagstaff. Located close to the hospital. This property is being sold in as is condition and needs a lot of work. New carpet downstairs living room of unit 2.

906 N Beaver Street Unit 1-2, Flagstaff

$499,000

3 Beds ⋅ 9 Baths ⋅ 7092738 MLS

Proved to Sell! Excellent opportunity to acquire a fully occupied triplex with established rental income. Each 1 bd/1 bath unit is rented at $1,300/month through government voucher programs, generating $3,900 in gross monthly income, including utilities. Subject to voucher requirements and approval, an incoming owner may have the opportunity to amend leases, making tenants responsible for electricity, with adjusted rents of approx. $1,200/month. Updated in 2019 with granite countertops, tile flooring & stainless steel appliances. Roof coated 10/2022. Staggered lease expirations in May, June & September 2027 provide established occupancy and income from day one. Sold AS-IS with light exterior cosmetic improvements needed. Great investor opportunity! Drive by only until under contract.

2522 W Hayward Avenue, Phoenix

$1,849,000

22 Beds ⋅ 11 Baths ⋅ 7092695 MLS

1802 N 26th Pl is an attractive opportunity to acquire a fully occupied 10-unit multifamily asset generating an in-place cap rate of 6.33%, with additional upside through completing remaining interior & exterior renovations. Strong in-place rents and occupancy, coupled with a significant concentration of three and four-bedroom units, provide a compelling competitive advantage in a submarket with strong demand for larger floor plans. Built in 1960, the property has undergone substantial reconstruction and renovation, including five fully reconstructed units and two renovated units in 2021, while three units remain in classic condition. Recent capital improvements include new roofs, plumbing lines, electrical systems, and upgraded interiors across seven units. The favorable unit mix includes one studio, three one-bedrooms, one two-bedroom, four three-bedroom casitas, and one four-bedroom casita, providing broad tenant appeal and diversified rental demand. Select units offer private patios. All five three- and four-bedroom units have their own washer / dryer, and the remaining five units utilize on-site community laundry. Ideally positioned between Central Phoenix and the East Valley, the property is minutes from the I-10, SR-51, and Loop 202 Freeways as well as Phoenix Sky Harbor International Airport, Biltmore FashionPark, and the Camelback Corridor, offering residents convenient access to major employment, retail, dining, and entertainment destinations.

1802 N 26th Place, Phoenix

$600,000

6 Beds ⋅ 4 Baths ⋅ 7092237 MLS

Welcome To ''Westline Luxury Residences'' A Premier New-Construction Investment Opportunity. One Separately Assessed Parcel Includes Two Fully Detached 3-Bed, 2-Bath Residences, Conveying Together At $600K. The 1,125-SF Front Home Has A 2-Car Garage & Projected Rent Of $2,100/Month. The Rear 1,007-SF ADU Has Alley Access, & Projected Rent Of $1,850/Month. Each Residence Has A Private Entrance! Projected Combined Rent Of $3,950/Month. Granite Counters, Soft-Close Cabinetry, Luxury Vinyl Flooring, ALL Stainless Appliances, Washer & Dryer, Low-Maintenance New Construction & No HOA. Near Downtown Phoenix, Shopping, Dining, 10 & 17. Westline Info, Proforma & All Investment Details Available!! Virtual Staging Used. Front Home Address:1829 W Hadley St. Rear ADU Address 1831 W Hadley St.

1829 W Hadley Street, Phoenix

$780,000

7092144 MLS

A Piece of Flagstaff Equestrian History is ready for its next chapter! Generations of Flagstaff residents made treasured memories here, from learning to ride horses to enjoying trail rides and magical sleigh rides. This iconic horse facility offers an incredible opportunity to bring new life to a beloved local landmark. Improvements include a 7-stall barn, 10-stall barn, riding arena, round pen, 2 paddocks, turnout area, hay barn, office and tack room. Historic wagons remain with the property , adding to its nostalgic charm! Previously also utilized for full-service horse boarding, the facility is now vacant of horses and ready for its next owner. An expandable 2012 Keystone trailer is also included on site & 2 large storage containers. Recent survey has been completed & recorded.

4848 Lake Mary Road, Flagstaff

$680,000

4 Beds ⋅ 4 Baths ⋅ 7092067 MLS

Four Plex - Meticuously/ Well Cared for by Owners - Clean and Each Unit very Rentable**All Units Currently Rented/ Some by Long Term Tenants**Great Location**

10048 N 14th Street, Phoenix

$750,000

3 Beds ⋅ 3 Baths ⋅ 7091525 MLS

Trendy and in high demand, A stunning red-brick triplex (front bungalow duplex w/ detached rear home) located in Coronado Historic District! Live in the vacant rear home while collecting income from two rented front units, or rent all three for a Downtown Phoenix multifamily investment located close to major attractions/employers. This 3-unit income property offers house hacking potential and long-term rental flexibility. Each residence features 1BR/1BA with significantly updated systems. Front units showcase original wood floors, brick fireplaces and elevated porches. Fenced backyards, dedicated private storage, separate electric/gas meters and shared driveway/covered parking. Rear unit newly renovated in 9/2026. Historic charm meets income potential in rapidly-developing Central Phoenix!

1801 N 10th Street, Phoenix

$4,395,000

20 Beds ⋅ 12 Baths ⋅ 7091053 MLS

Boardwalk Apartments at Fountain Park: 12-unit boutique courtyard community, a 1988 masonry office building taken to shell and converted to residential in 2025. 100% occupied, no concessions. $1,981 avg rent ($2.49/SF), a 55% premium to the Fountain Hills comp set. 5.12% cap on $224,979 owner-operated NOI. $366,250/unit, in line with the $366K median of 10 Phoenix-metro small MF sales since 1/2025. 20.7% expense ratio, owned solar array, poured concrete parking, all-new systems, in-unit W/D. No multifamily pipeline in supply-constrained Fountain Hills. OM available. Property owners are licensed real estate professionals in the State of Arizona. Connect with broker for an exterior property tour. Do not disturb tenants.

12005 N Panorama Drive, Fountain Hills

$765,000

8 Beds ⋅ 4 Baths ⋅ 7090936 MLS

Live in one unit and rent the other three, allowing the rental income from the occupied units to help offset your mortgage, taxes, insurance and operating expenses. Alternatively, lease all four units and maximize the property's income-producing potential. Each unit offers a practical 2-bedroom, 1-bathroom floor plan that appeals to a broad tenant base, including professionals, couples, small families and roommates. The four-unit configuration also provides diversification--one vacancy does not eliminate the property's entire rental income stream. Located in Chandler, one of the East Valley's most established and sought-after communities. DO NOT DISTURB TENANTS... 164 W Pecos adjoins the property and is also available

181 W Kesler Lane, Chandler

$735,000

8 Beds ⋅ 4 Baths ⋅ 7090909 MLS

Excellent opportunity to own a fully occupied fourplex in Chandler, Arizona. Located at 164 W Pecos Rd, this income-producing property features four 2-bedroom, 1-bath units, with each unit approximately 672 square feet. The consistent unit mix and efficient floor plans make this an attractive addition to an investor's rental portfolio, offering the simplicity of four similar units under one roof and multiple income streams from a single property. DO NOT DISTURB TENANTS. Additionally 181 W Kesler is also available which adjoins this property

164 W Pecos Road, Chandler

$450,000

6 Beds ⋅ 4 Baths ⋅ 7090866 MLS

Duplex near Gilbert Rd and Broadway in Mesa! Each unit includes a living room, kitchen, 3 bedrooms, 2 bathrooms, tile/carpet flooring, ceiling fans, washer/dryer hookups, a fenced-in yard, and off-street parking. Kitchen includes a refrigerator and stove. Tenants are responsible for all utilities, plus a 1/2 share of common-area utility bills. Convenient location near Fry's Food and Drug, Reed Park, Highway 87, and Highway 60!

2246 E Broadway Road, Mesa

$599,000

7090799 MLS

Ready To Build! Exceptional Redevelopment investment opportunity on approximately 0.75 acres Near Downtown Chandler. Property is zoned multifamily residential with opportunity to build up to 9 units. Owners have plans drawn up to maximize building envelope with 9, 3BR, 2B units that closed city review in 2025. Buyer would need to resubmit plans for formal permitting. Plans are available upon request. This unique opportunity currently features both a single-family home and a duplex, offering immediate income while finalizing redevelopment potential and multiple-use possibilities. Buyer to verify all facts and figures to their satisfaction.

488 E Detroit Street, Chandler

$3,400,000

21 Beds ⋅ 20 Baths ⋅ 7090790 MLS

Built in 1905, The Aspens on Montezuma presents a unique opportunity to acquire a charming, 20-unit multifamily community in the heart of historic Prescott, Arizona. Situated just blocks from the iconic Courthouse Plaza and Whiskey Row, the property offers residents exceptional walkability to downtown's restaurants, boutique retailers, entertainment venues, and year-round community events. Its distinctive architectural character and potential for targeted interior and exterior improvements provide investors with an opportunity to enhance the property's competitive positioning while preserving its historic appeal.

309 S Montezuma Street, Prescott

$560,000

6 Beds ⋅ 3 Baths ⋅ 7090478 MLS

Central Phoenix Triplex with all 2-bedroom units in a quiet pocket. Attractive post-1980 construction (1984), Solid 6+ CAP. The 2-bedroom units are around 739 sq ft each. Solid neighborhood near GCU in the Westwood Subdivision, just south of Camelback. 2 of the 3 units are fully remodeled with market rents ($1511/$1250 - both occupied). The 3rd unit has classic features & is due to be occupied shortly at $950., Two units on the main level with the 3rd unit on the 2nd floor. Ample paved surface parking. Corner lot. Shared alley offers options. 1st floor units have private patios. Separate laundry room w/ washer/dryer.

2145 W Mariposa Street, Phoenix

$570,000

9 Beds ⋅ 3 Baths ⋅ 7090472 MLS

Three-unit investment offered at $570,000 near Valley Metro Rail at 19th Avenue and Camelback. A main house and duplex total approximately 2,276 SF, configured as three 3BR/1BA units with nine furnished rentable rooms for PadSplit-style operations. Seller reports more than $120,000 in prior improvements, including kitchens, baths, flooring, windows, plumbing, electrical and lighting. Features include separate entrances, coded access and full-size laundry. Seller's October 7 rent report lists five occupied rooms at $805 per month each, totaling $4,025 in scheduled monthly rent; current occupancy and collections require verification. Seller reports missing front-house HVAC; installation has not been confirmed. Property and furnishings convey as-is. Buyer to verify all facts, income, expenses Three-unit investment offered at $570,000 near Valley Metro Rail at 19th Avenue and Camelback. A main house and duplex total approximately 2,276 SF, configured as three 3BR/1BA units with nine furnished rentable rooms for PadSplit-style operations. Seller reports more than $120,000 in prior improvements, including kitchens, baths, flooring, windows, plumbing, electrical and lighting. Features include separate entrances, coded access and full-size laundry. Seller's October 7 rent report lists five occupied rooms at $805 per month each, totaling $4,025 in scheduled monthly rent; current occupancy and collections require verification. Seller reports missing front-house HVAC; installation has not been confirmed. Property and furnishings convey as-is. Buyer to verify all facts, income, expenses, condition, legal unit/room configuration, permits, zoning and PadSplit requirements. See supplements for additional information.

5038 N 18th Avenue, Phoenix

$539,000

6 Beds ⋅ 3 Baths ⋅ 7090141 MLS

Don't miss out on this Well-Maintained Triplex w/ Three Large 2-Bedroom, 1-Bath Units. Each Tenant has their own W/D hookupsl Well Maintained and updated as needed. Each unit has Kitchens Equipped with Range, Refrigerator & Hood Packages. Conveniently located near freeways, shopping, and dining. Ample parking with a convenient layout. The area is growing. Don't miss out!!

2903 E Wier Avenue, Phoenix

$2,220,000

14 Beds ⋅ 14 Baths ⋅ 7090003 MLS

Melrose Flats is a 12-unit garden-style multifamily property built in 1956 with durable block construction, featuring a unit mix of (10) 1-bedroom / 1-bathroom units and (2) 2-bedroom / 2-bathroom units. Updated interiors showcase quartz countertops, modern cabinetry, stainless-steel appliances, and stained concrete flooring. Each unit is equipped with an in-unit washer and dryer and is individually metered for electricity. Community amenities include a spacious landscaped courtyard, covered on-site parking spaces, and additional storage units. Ideally situated along 7th Avenue in the heart of the Melrose District, the property offers residents convenient walkability to a variety of shopping, dining, and entertainment options.

806 W Turney Avenue, Phoenix

$999,000

12 Beds ⋅ 8 Baths ⋅ 7089344 MLS

This fully occupied income producing property is priced to sell! Add this great 8-unit property to your rental portfolio. With a great unit mix of (1) 2 bed/2 bath house, (3) 2 bed/1 bath units, (3) 1 bed/1 bath stand-alone homes, and (1) stand-alone studio, there is always demand for tenants to live here. Located centrally between the Tucson Mall, U of A's campus, and the I-10, this is a great investment to own.

2528 N Fontana Avenue, Tucson

$209,000

7 Beds ⋅ 5 Baths ⋅ 7089305 MLS

Four units - 3 one bedroom, one bath - (one is burned out) plus a single family home (tax shows 1940 build but it appears a lot older) - all in need of repair - many building materials convey - property is vacant and ready for updating - The mine is open and Winkelman has a demand for rentals - great opportunity. Two parcels included in sale 101-12-194 & 195

301 W 4th Street, Winkelman

$590,000

6 Beds ⋅ 6 Baths ⋅ 7089273 MLS

Great investment opportunity! This beautiful multi-dwelling property offers the space, versatility, and potential you've been looking for. Conveniently located near restaurants, parks, entertainment, and more. Please do not disturb Tenants. Drive by only until under contract. Don't miss this wonderful gem!

443 E 8th Avenue, Mesa

$1,649,000

6 Beds ⋅ 6 Baths ⋅ 7089202 MLS

Located just steps from of Old Town Scottsdale, this one of a kind tri-plex offers a the PERFECT investment opportunity! Each unit is individually parceled, providing flexibility for future sale, financing, or hold strategies. Currently being leased as short term rentals, all units feature spacious 2 bed/2 bath loft-style layouts, complete with in-unit washer and dryers and dedicated covered parking. Live in one unit and rent the others with passive income! Designed for both comfort and functionality, the property appeals to today's short-term and extended-stay renters seeking convenience and privacy in a highly walkable, high demand location. With direct access to the greenbelt + access to Old Town's dining, shopping, nightlife, and entertainment this is truly a special property!

7858 E Glenrosa Avenue, Scottsdale

$873,000

4 Beds ⋅ 2 Baths ⋅ 7089046 MLS

Wow! Fantastic Duplex sitting in the sought after Heritage District in downtown Gilbert. Essentially in the middle of the restaurants, entertainment and nightlife. This Twin Home has 2 units that are 2-BDRM 1 bath both with separate laundry. Both units are fully leased with long term tenants . RARE DOWNTOWN GILBERT DUPLEX - 8,799 SQ FT LOT -- MF/L ZONING - REMODELED UNIT - $3,095/MONTH CURRENT RENTS -PRIVATE YARDS -- 633 SQ FT GARAGE. Unit A has been fully remodeled and is approximately 756 Sq. Ft.! Unit B s approximately 1021 Sq. Ft.. The additional value in is the location, this is a rare downtown Gilbert land/property holding that produces $37,140/year in rents with long-term redevelopment potential. See Document Tab for additional property information. Do not Disturb Tenants!!

129 N Elm Street, Gilbert

$450,000

3 Beds ⋅ 3 Baths ⋅ 7088947 MLS

Three-unit GATED multifamily property near 17th Ave and Hatcher in Phoenix! Each unit includes a living room, kitchen, 1 bedroom, 1 bathroom, tile/vinyl flooring throughout, ceiling fans, washer/dryer in unit, 1 covered parking spot per unit, and private storage for each unit. All units are individually metered for electric and gas. Tenants also pay a 1/3 share of common-area utility bills. Great location near bus routes, Castles N' Coasters, North Mountain Park, El Rancho Market, Rose Mofford Sports Complex, and HonorHealth!

9450 N 17th Avenue, Phoenix

$600,000

6 Beds ⋅ 4 Baths ⋅ 7088834 MLS

BRAND NEW and a great location! Est completion November 14, 2026. The home comes with a 2 year builder warranty, so you won't have to worry about anything. Each unit features: 3 bedrooms and 2 full bathrooms, and an attached 1 car garage. Tile flooring throughout, granite counter tops, ceiling fans, and stainless steel appliances. Exterior includes: Paver driveway, landscaping and drip irrigation system on timer. Each side is separately metered. Similar units have excellent rental history. Virtually Staged photos are of a similar build.

8628 E Loos Drive, Prescott Valley

Browse All Gainey Ranch AZ Multi-Family Properties for Sale

Gainey Ranch Multi-Family Real Estate

How much is your home worth?

How much is your home worth?