Refine Search
Map
Sort by
$695,000
8 Beds ⋅ 4 Baths ⋅ 7061019 MLS
Great Investment Opportunity - Seller will consider carrying a 2nd note secured with a deed of trust with 25% downs. Fully Occupied 4-Plex! This is your chance to own a cash-flowing 4-plex with low tenant turnover and consistent rent payments. Three of the four 2-bedroom, 1-bath units includes washers and dryers, the other unit has washer/dryer hookups. Residents enjoy the convenience of secure, dedicated storage spaces and covered parking with ample lighting. 4 new Trane AC units (2021). Located near the vibrant Cardinal Stadium, shopping centers, local eateries, and community events, this 4-plex is perfectly positioned to capitalize on Arizona's growth.

6621 W Pasadena Avenue, Glendale
$950,000
4 Beds ⋅ 16 Baths ⋅ 7060954 MLS
Two stand alone duplexes, 4 large spacious units in total. LOTS of parking with additional guest parking available too. Tenants in place for several years. Prime central phx location close to everything. Units updated in 2019. Tenants in place, drive by only.

1405 E Roosevelt Street, Phoenix
$695,000
6 Beds ⋅ 6 Baths ⋅ 7060894 MLS
* **9.74% Day-One Cap Rate -- Exceptional Yield in a Single-Family Asset** * **Absolute NNN Structure -- Tenant Reimburses Property Taxes and Insurance** * **Contractual Rental Growth Built Into the Initial 5-Year Lease Term** * **Forward Yield Increases to Approximately 10.43% by Year 5** * **Newly Executed Lease Provides Contractual Income Through 2030** * **Personal Guarantee Supports the Tenant's Lease Obligations** * **More Than $40,000 in Recent Renovations and Capital Improvements** * **Predictable Income Stream Secured by Phoenix Real Estate** * **Built-In Upside Without Renovation, Repositioning, or Intensive Management** * **Rare Combination of Double-Digit Forward Yield and Residential Real Estate** ABSOLUTE NNN SINGLE-TENANT INVESTMENT 5-Year Lease | Built-In Rental Growth | 9.74% Year 1 Cap Rate POSITIONING Bond-Like Income Secured by Real Estate Absolute Triple NNN lease structure Newly executed 5-year lease commencing January 1, 2026 Personal guarantee Two additional 5-year renewal options Monthly base rent increases by $100 each year Tenant's first right of refusal ASKING PRICE: $695,000 EXECUTIVE SUMMARY Gerchick Real Estate is pleased to present a fully stabilized, single-tenant Absolute NNN investment secured by a newly executed 5-year lease. In addition to base rent, the tenant reimburses the landlord for property taxes and insurance, creating a predictable and largely passive income stream. This investment offers: Immediate cash flow Contractual annual rent growth Minimal landlord responsibility Personal guarantee Long-term renewal potential Strong initial and forward yields The property's value is driven by its contractual income stream. This is not an owner-occupant comparable-sale opportunity--it is a yield-focused real estate acquisition. FINANCIAL OVERVIEW Year 1 Income Base Rent: $5,200 per month NNN Reimbursements: $440.25 per month Total Monthly Income: $5,640.25 Total Annual Income: $67,683 Year 1 Cap Rate Purchase Price: $695,000 $67,683 ÷ $695,000 = 9.74% YEAR 1 CAP RATE: 9.74% FORWARD YIELD GROWTH Lease Year Annual Income Yield on Original Purchase Price Year 1 $67,683 9.74% Year 2 $68,883 9.91% Year 3 $70,083 10.08% Year 4 $71,283 10.26% Year 5 $72,483 10.43% By Year 5, the annual yield increases to approximately 10.43% based on the original $695,000 purchase price. FIVE-YEAR CASH-FLOW PROJECTION Assuming an all-cash purchase at $695,000: Lease Year Projected Gross Income Year 1 $67,683 Year 2 $68,883 Year 3 $70,083 Year 4 $71,283 Year 5 $72,483 Total $350,415 TOTAL PROJECTED FIVE-YEAR GROSS INCOME: $350,415 The projected five-year gross income equals approximately 50.42% of the purchase price, providing investors with the potential to recover more than half of the original acquisition cost through gross income during the initial lease term alone. LEASE ABSTRACT Lease commencement: January 1, 2026 Initial lease term: 5 years Renewal options: Two additional 5-year terms Base-rent increases: $100 per month annually Guarantee: Personal guarantee First right of refusal: Provided to tenant Property taxes: Reimbursed by tenant Property insurance: Reimbursed by tenant Lease structure: Absolute NNN INVESTMENT THESIS Why This Asset Performs Attractive 9.74% initial cap rate Contractual annual rent increases Forward yield exceeding 10% beginning in Year 3 Personal guarantee helps reduce investment risk Minimal ongoing management burden Annual increases provide a hedge against inflation Strong Phoenix location Potential for future cap-rate compression Contractual income secured by underlying real estate Two additional 5-year renewal options This structure may appeal to private investors, 1031 exchange buyers, family offices, and yield-focused purchasers seeking stable real estate income without the management demands of a traditional residential rental. BUYER REQUIREMENTS The Seller recognizes that traditional residential appraisal methodology may not fully reflect the value of the property's contractual income stream. All offers must: Be submitted as an all-cash purchase; or Waive the appraisal contingency; and Include acceptable proof of funds This is an income-driven acquisition. DISCLAIMER All information contained herein has been obtained from sources deemed reliable but is not guaranteed. Buyer shall independently verify all information, including but not limited to lease terms, rental income, reimbursements, expenses, property condition, zoning, square footage, and all other material facts.

1927 E Crocus Drive, Phoenix
$469,900
6 Beds ⋅ 4 Baths ⋅ 7060835 MLS
Excellent investment opportunity with this well-maintained duplex! Each features 3 beds & 2 baths with a functional, thoughtfully designed layout. Unit 1 is vacant and move in ready while Unit 2 is leased at $2,000 per month , providing immediate rental income. Inside each unit, you'll find a seamlessly flowing open floor plan enhanced by vaulted ceilings and abundant natural light. The kitchens include appliances, cabinetry, & a laundry closet. Each primary suite features a walk-in closet and a private bathroom. Plus plenty of parking spaces! Desirable location close to schools, hospitals, freeways, shopping, restaurants, and the airport; this property is an outstanding opportunity for investors or owner-occupants looking to offset their mortgage with rental income owner agent

1028 N 27th Street, Phoenix
$649,000
5 Beds ⋅ 10 Baths ⋅ 7060765 MLS
FANTASTIC FOUR-PLEX FOR SALE! CENTRALLY LOCATED IN THE CITY OF GLENDALE, CLOSE TO WESTGATE, SHOPPING CENTERS AND DINING AREAS. GREAT INVESTMENT OPPORTUNITY OR FOR A FIRST TIME BUYERS YOU CAN OCCUPY ONE UNIT AND RENT THE OTHERS. EACH UNIT HAS ITS ASSIGNED PARKING, PLEASE DO NOT DISTURB TENANTS APPOINTMENTS TO VIEW THE INTERIOR WILL BE UPON ACCEPTED CONTRACT.

6033 W Oregon Avenue, Glendale
$1,195,000
1 Beds ⋅ 1 Baths ⋅ 7060711 MLS
Located in the heart of Cottonwood, this quiet and well-kept RV park offers a unique investment opportunity with 10 RV spaces currently occupied by long-term residents, providing immediate in-place income and future upside. All RV space leases are month-to-month, creating an excellent opportunity for a new owner to increase rents over time. The property also includes a one-bedroom single-family home, currently leased to a sober living organization for $1,200 per month, but it would also make an ideal owner's residence or manager's home.IMPORTANT TO READ THE SUPPLIMENTAL SECTION! The property shows pride of ownership and features attractive touches throughout, including mature landscaping, shade trees, white picket fencing, and a neat, welcoming atmosphere. The single-family home appears nicely maintained with a bright interior, updated finishes, a charming dining nook, and an attractive bathroom. Residents also enjoy a common laundry room with coin-operated machines as well as a community BBQ area, adding convenience and appeal for tenants. The park is very quiet and offers a comfortable setting for long-term occupancy. Cottonwood is one of the Verde Valley's most desirable communities, known for its small-town charm, beautiful scenery, and strong tourism draw. The property is ideally situated between Jerome, Sedona, and Camp Verde, placing it near some of Northern Arizona's most popular attractions. Nearby highlights include Old Town Cottonwood, with its shops, restaurants, tasting rooms, and local events, as well as Tuzigoot National Monument, Dead Horse Ranch State Park, the Verde River, hiking and biking trails, wine country destinations, and countless outdoor recreation opportunities. This central location makes the property appealing for both residents and investors looking to benefit from the continued popularity of the Verde Valley. Buyer to verify all facts, figures, measurements, rents, lease terms, zoning, and any other material information. Cottonwood is located in the heart of Arizona's scenic Verde Valley, along the Verde River and between the communities of Sedona, Jerome, Clarkdale and Camp Verde. With an estimated 2025 population of approximately **12,700 residents**, Cottonwood combines the convenience of a regional commercial center with the relaxed character of a smaller Arizona community. Its elevation of roughly 3,300 to 3,900 feet provides a generally milder climate than the Phoenix metropolitan area. ### Major Employers and Economic Base Cottonwood serves as an employment, healthcare, retail and service hub for much of the Verde Valley. Major employment sectors include: * Healthcare and medical services, led by **Verde Valley Medical Center and Northern Arizona Healthcare** * Public education, including the **Cottonwood-Oak Creek School District** and **Mingus Union High School District** * Municipal and government services through the **City of Cottonwood** * Retail and consumer services, including major employers such as **Walmart, Home Depot, Fry's Food Stores, Safeway and Food City** * Hospitality, restaurants, wineries, tourism and recreation-related businesses The city actively supports business attraction, expansion, redevelopment and tourism-related economic development. ([Cottonwood AZ][2]) ### Tourism and Area Attractions Cottonwood is widely recognized as the **heart of the Verde Valley wine region**. Historic Old Town Cottonwood features a walkable Main Street lined with tasting rooms, restaurants, cafés, boutiques, antique stores, galleries and locally owned businesses. The Verde Valley Wine Trail connects Cottonwood with numerous nearby wineries, vineyards and tasting destinations. ([Old Town Cottonwood][3]) Nearby attractions include: **Sedona:** A convenient drive from Cottonwood, Sedona is internationally known for its red-rock scenery, art galleries, Jeep tours and more than 300 miles of hiking and biking trails. ([Visit Sedona][4]) **Jerome:** The historic hillside mining town of Jerome overlooks Cottonwood and the Verde Valley. Today, it is a popular visitor destination featuring historic buildings, museums, galleries, restaurants, specialty shops and sweeping valley views. ([Visit Arizona][5]) **Tuzigoot National Monument:** Located just outside Cottonwood, Tuzigoot preserves a historic 110-room hilltop pueblo built by the Sinagua people approximately 1,000 years ago. Visitors can explore the pueblo, museum and trails overlooking Tavasci Marsh and the Verde Valley. ([National Park Service][6]) **Dead Horse Ranch State Park:** Located in Cottonwood, this popular state park offers camping, fishing, kayaking, birdwatching, mountain biking and more than 20 miles of shared-use trails through high-desert and Verde River environments. ([Arizona State Parks][7]) **Verde River and Verde River Greenway:** The Verde River provides opportunities for paddling, fishing, wildlife viewing and scenic walks beneath mature cottonwood and sycamore trees. The Jail Trail River Walk begins near Old Town and follows a scenic 1.6-mile loop beside the river. ([Cottonwood AZ][8]) ### Recreation and Quality of Life Outdoor recreation is a major part of the Cottonwood lifestyle. Residents and visitors enjoy hiking, mountain biking, horseback riding, fishing, kayaking, birdwatching, stargazing and exploring nearby state and national parks. The Lime Kiln Trail also connects the Cottonwood area with Red Rock State Park near Sedona, providing a scenic regional trail route through the Verde Valley. ([Arizona State Parks][9]) With its central Verde Valley location, regional healthcare and shopping, historic downtown, expanding wine and tourism industries, and close proximity to Sedona, Jerome, Tuzigoot National Monument and extensive outdoor recreation, Cottonwood offers an attractive combination of small-town character, natural beauty and regional accessibility.

427 N 15th Street, Cottonwood
$918,000
6 Beds ⋅ 50 Baths ⋅ 7060645 MLS
These 2 NEW BUILD single family homes or on 1 lot. 1 APN number, same financing as a duplex. Come and see these amazing 3 BR 2.5 bath single family homes. 20 Foot Ceilings, Luxury flooring, modern kitchen and so much more. Backyards over 1000 SF. Garage for 2 cars plus driveway for more. Balcony on front and back makes these contemporary homes and amazing purchase, especially for a first time investor! No HOA! so much more to see.

2051 E Michigan Avenue E Unit 1, Phoenix
$1,998,000
7060274 MLS
Desert Jewel is an 11-unit, garden-style apartment community built in 1960 and renovated in 2017, located in the highly desirable Arcadia-Lite submarket of Phoenix. The property is individually metered for electricity and offers ample resident parking, including a covered carport. The unit mix consists of (2) 1-bed/1-bath, (2) 2-bed/1-bath, and (7) 2-bed/2-bath units averaging 823 SF. Current interior renovations feature stainless steel appliances, kitchen islands, updated light fixtures, and in-suite washer & dryer. A light value-add opportunity remains through exterior renovations. Ideally positioned just minutes from Biltmore Fashion Park, Camelback Mountain hiking trails, Biltmore Golf Club, and Downtown Phoenix. Seller recently replaced underground sewer line.

2947 N 39th Street, Phoenix
$550,000
4 Beds ⋅ 2 Baths ⋅ 7059979 MLS
Fantastic Brick Duplex in great phoenix location! Both sides are 2 bedroom and 1 bathroom units with one unit completely remodeled! Huge lot with awesome RV gate and ample storage for all your needs. Live in one side and use the other as a great income generating home or make this a great rental property with tons of upside!! All new appliances on one side with complete bathroom remodel as well. Great value here, Make this one yours!!

3608 N 13th Avenue, Phoenix
$308,000
7059761 MLS
Turnkey investment opportunity delivering immediate cash flow in rapidly growing Arizona City! This updated duplex features two identical units - 3 bed, 2 bath, 960 sq ft each with single-car garages. Major updates include newer roof, fresh exterior paint, private block wall around backyard, and remodeled guest shower in Unit A. Both units currently leased for zero vacancy. Ideal for portfolio expansion with strong rental demand, low maintenance, and excellent upside potential. Don't miss this income-producing asset!

8150 W Mystery Drive, Arizona City
$650,000
7059467 MLS
Fantastic investment opportunity! This well-maintained 4-plex features three spacious 1-bedroom, 1-bath units and one generous 2-bedroom, 1-bath unit. Conveniently located near shopping, dining, parks, and major commuter routes, it offers the perfect blend of comfort and accessibility. Enjoy off-street parking and stunning mountain views. A great option for both investors and owner-occupiers seeking rental income in a desirable location.

10648 N 15th Avenue, Phoenix
$650,000
6 Beds ⋅ 4 Baths ⋅ 7059177 MLS
Great opportunity! Embrace the perfect blend of modern style and everyday comfort in this beautiful single-story duplex! Discover a desirable open floor plan filled with abundant natural light, enhanced by wood-look flooring and fresh neutral paint throughout. Upscale kitchen is designed to impress, featuring stainless steel appliances, ample white cabinetry, quartz counters, recessed & pendant lighting, and a peninsula with a breakfast bar that's ideal for casual dining or entertaining. Large main retreat provides a walk-in closet and a private bathroom with a shower & tub combo. Each unit offers 3 bedrooms and 2 bathrooms. Excellent location, close to restaurants, entertainment, and more. What are you waiting for? Make it yours before it's gone!

3753 E Polk Street, Phoenix
$435,000
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
$399,900
7058538 MLS
This rare to market stable, seven unit apartment building is walking distance to the light rail Near Downtown Mesa and consists of seven 1 bedroom and 1 bathroom units. Most of the tenants have been in their units for many years, and some have even lived there for decades. The photos we have are from 2024 when the last unit turned over. All units currently rented at $850 or more per month except one, so there is a little room to increase rents as the units turn over. Listed at a 6.1 CAP Rate generating just under $24,380 NOI in the last twelve months with very stable tenant mix, increased income opportunity, and long term value investment near Downtown Mesa.

102 S Pomeroy Street, Mesa
$750,000
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
$370,000
7058315 MLS
Investor special in the desirable 55+ community of Dreamland Villas! This duplex offers excellent potential for investors, contractors, or buyers looking to renovate and build equity. One unit features 2 bedrooms & 1 bath, while the second offers 1 bedroom & 1 bath. Both units are in need of repairs and updating and are being sold As-Is. Each unit includes its own covered carport. Residents have the option to join the Dreamland Villas HOA for access to amenities including a pool, pickleball, shuffleboard, clubs, and year-round activities. Convenient Mesa location close to shopping, dining, golf, medical facilities, and freeway access. Great opportunity for long term investment potential in desirable community.

5220 E Boise Street, Mesa
$510,000
7058308 MLS
Investor opportunity in the desirable 55+ community of Dreamland Villas! This fourplex offers four 1-bedroom, 1-bathroom units, each featuring a private covered back patio and an assigned covered carport parking space. Two units are currently tenant occupied, providing immediate rental income, while two vacant units offer the flexibility to renovate and lease at current market rates or place your own tenants. The property has been occupied by long-term tenants and presents an excellent value-add opportunity for investors looking to make cosmetic updates and increase rental potential. Located in a well-established community with an optional HOA that provides access to amenities including a pool, pickleball, shuffleboard, and a variety of social activities.

6035 E Covina Road, Mesa
$715,000
7058179 MLS
Fully renovated, income-producing three-unit investment property located at 5038 N 18th Avenue in Phoenix, just one block from the Valley Metro light rail. The property consists of a 899-square-foot main house and a 1,377-square-foot duplex, providing approximately 2,276 total square feet across three units. The property has undergone an extensive capital improvement and rehabilitation program, including new luxury vinyl plank flooring, modern baseboards, white vinyl windows, interior and exterior paint, remodeled kitchens with white shaker cabinets, quartz countertops and stainless-steel appliances, updated bathrooms, new plumbing fixtures, electrical upgrades, recessed lighting, ceiling fans, coded entry hardware, Wi-Fi-SEE THE SUPPLIMENT FOR MUCH MORE INFORMATION Fully renovated, income-producing three-unit investment property located at 5038 N 18th Avenue in Phoenix, just one block from the Valley Metro light rail. The property consists of a 899-square-foot main house and a 1,377-square-foot duplex, providing approximately 2,276 total square feet across three units. The property has undergone an extensive capital improvement and rehabilitation program, including new luxury vinyl plank flooring, modern baseboards, white vinyl windows, interior and exterior paint, remodeled kitchens with white shaker cabinets, quartz countertops and stainless-steel appliances, updated bathrooms, new plumbing fixtures, electrical upgrades, recessed lighting, ceiling fans, coded entry hardware, Wi-Fi-enabled thermostats, laundry improvements, exterior repairs, new landscaping rock and the addition of a third bedroom to each unit. The property will be leased to a single tenant under a new five-year nnn lease, providing the investor with predictable income and minimal ownership responsibilities. The tenant will be responsible for 100% of the property's operating expenses, including real estate taxes, property insurance, utilities, maintenance, repairs and other customary property-related expenses. Initial base rent will be $6,500 per month, or $78,000 annually. Rent will increase by $1,200 annually during each of Years 2, 3, 4 and 5, providing the following scheduled rental income: Year 1:$6,500 per month / $78,000 annually Year 2:$6,600 per month / $79,200 annually Year 3:$6,700 per month / $80,400 annually Year 4:$6,800 per month / $81,600 annually Year 5:$6,900 per month / $82,800 annually This offering provides investors with a newly renovated asset, contractual rental growth, limited landlord obligations and convenient access to public transportation, employment centers, shopping, dining and central Phoenix amenities. Once the lease is fully executed, all lease terms, rental amounts and income figures presented will reflect the final signed lease and will be 100% accurate as of the lease execution date. Buyer to verify all facts and figures. Location 5038 N 18th Avenue is centrally located in Phoenix's established Alhambra neighborhood, just south of Camelback Road. The property offers convenient access to the Camelback Road and 19th Avenue commercial corridors, Interstate 17, Central Phoenix, Midtown, Downtown Phoenix, and Grand Canyon University. A significant location advantage is the property's proximity to the Valley Metro Rail station at 19th Avenue and Camelback Road, approximately 0.2 miles away. Residents can walk to the station and access employment centers, educational institutions, sporting events, entertainment districts, Downtown Phoenix, Phoenix Sky Harbor International Airport connections, and destinations throughout the Valley Metro system. Area Amenities The surrounding neighborhood provides convenient access to grocery stores, restaurants, coffee shops, pharmacies, banks, fitness centers, medical services, schools, and other everyday necessities. The nearby Camelback Road, Bethany Home Road, 19th Avenue, and Central Avenue corridors offer a broad selection of national retailers, locally owned businesses, and neighborhood services. Residents are also within convenient driving or light-rail distance of: * Uptown Plaza and the Central Avenue dining corridor * The Melrose District's restaurants, boutiques, and locally owned businesses * Steele Indian School Park * Encanto Park and Encanto Golf Course * Phoenix College * Grand Canyon University * Downtown Phoenix's business, educational, medical, and cultural districts Entertainment Venues The property's central location provides access to numerous entertainment, cultural, and sporting destinations. Grand Canyon University's main campus is located at 3300 W Camelback Road and offers collegiate sporting events, concerts, theatrical productions, and other community activities. ([Grand Canyon University][2]) Additional destinations accessible by car or light rail include: * GCU Arena * Footprint Center * PHX Arena and Downtown Phoenix sporting events * Arizona Financial Theatre * Phoenix Convention Center * The Van Buren * Phoenix Art Museum * Heard Museum * Roosevelt Row Arts District * Chase Field * Downtown Phoenix restaurants and nightlife Major Employers The property is positioned near several of Central Phoenix's most significant employment centers. Grand Canyon University is located approximately two miles west of the property, while Banner Health's corporate offices are situated along Central Avenue. Banner-University Medical Center Phoenix, the City of Phoenix, Phoenix College, and Downtown Phoenix's government, healthcare, education, financial, hospitality, and professional-service employers are also readily accessible. Major area employers and employment centers include: * Grand Canyon University * Banner Health and Banner-University Medical Center Phoenix * City of Phoenix * State of Arizona * Phoenix College and the Maricopa County Community College District * Phoenix Union High School District * Maricopa County * Downtown Phoenix financial and professional-service firms * Phoenix Sky Harbor International Airport and its supporting employers Transportation The property offers excellent multimodal transportation access. The 19th Avenue/Camelback Valley Metro Rail station and park-and-ride facility are located approximately 0.2 miles from the property. The station is served by the Valley Metro B Line and connects the neighborhood with Midtown and Downtown Phoenix, Grand Canyon University-area destinations, Phoenix Sky Harbor International ([Valley Metro][1]) Bus service is available along both 19th Avenue and Camelback Road, providing additional connections throughout Central Phoenix. Interstate 17 is approximately one mile west of the property, offering convenient regional access to Downtown Phoenix, the West Valley, North Phoenix, Loop 101, and Interstate 10. The combination of walkable light-rail access, nearby bus routes, major arterial streets, and convenient freeway connectivity makes this location especially attractive to residents seeking transportation flexibility and access to major employment and entertainment destinations.

5038 N 18th Avenue, Phoenix
$489,000
7057995 MLS
Wow! Brand new construction duplex in the fast-growing city of Buckeye under 500k. This single-story duplex includes two 2 bedroom 2 baths with all appliances included; including washer and dryer. Beautiful finishes throughout both units and enough parking for up to 4 cars per unit. Property shares a large fenced common area backyard as well. Don't miss this cashflow opportunity, new construction never lived in duplex! Live in one unit and rent out the other or perfect for families seeking a next-gen home. Come see it today!

308 S 5th Avenue, Buckeye
$749,999
7057876 MLS
PRICE IMPROVEMENT Motivated Seller Great investment opportunity! This fully renovated triplex features two 2-bedroom, 1-bath units and one 3-bedroom, 2-bath unit. All units were updated in 2025 with new flooring, cabinets, countertops, white appliances, bathrooms, and lighting fixtures. All three units are tenant occupied and producing income, making this a turnkey investment. One of the tenants are Section 8 tenants, providing reliable rental income. The property features low-maintenance landscaping, ample private parking, and separately metered electric for each unit. Located on R-5 zoning and registered as a multifamily parcel, this property is separately parceled as a triplex, allowing for residential financing. An excellent opportunity for investors seeking a renovated, cash-flowing property in Phoenix

1101 E Roosevelt Street, Phoenix
$299,999
7057617 MLS
Duplex in Casa Grande. Remodeled within the last couple of years with pex plumbing, granite counters, shaker Cabinets, appliances, all wood look porcelain tile throughout (NO CARPET), and more Two care carport with additional parking. NO HOA. One unit currently rented. With plenty of land space on the left to provide even more opportunities. Please allow 48-hour notice. More information to come.

107 W 11th Street, Casa Grande
$999,990
7057590 MLS
BRAND NEW and Turn Key completely rebuilt 5 unit apartments. New wiring, plumbing, AC, appliances, New Tile flooring, New cabinets, with granite countertops, new window trimming, new windows. This is a turnkey property. Kitchen with Newly added 14 car parking lot. New fencing and backyard. This is a rare find. Dedicated laundry room, which can be used for added income. Done with the idea of lasting excellence and durability. Even the parking lot has brand new asphalt Ready for New tenants at $1650 per month

11230 N 17th Avenue, Phoenix
$495,000
5 Beds ⋅ 7 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
$289,000
7057435 MLS
Rare investment opportunity! Two homes on a level, fully fenced and gated 0.20-acre R3-MH lot with zoning that allows up to three homes. Potential rental income of $2,200/month makes this ideal for investors, owner-occupants, or multi-generational living. The main home features approx. 640± sq. ft. plus covered porches and incorporates a beautifully preserved 1957 Spence Craft mobile home with tasteful additions and modern upgrades, including mini-splits, propane heat, and a wood stove. The remodeled 240± sq. ft. guest studio (2023) offers a kitchenette, ¾ bath, and mini-split. Quiet, tree-lined setting with meadow views, just minutes from downtown, schools, shopping, and dining.

1306 N Woodland Drive, Payson
$769,999
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
$2,800,000
7057176 MLS
The Grandview Portfolio is a 16-unit, garden-style community built in 1984 with solid block construction. Comprised of four fully condo-mapped, single-story buildings on individual parcels, the property offers flexible exit strategies. Each spacious 2-bed/1-bath unit (approx. 900 SF) features private fenced patios, full-size appliances, large picture windows, washer/dryer hookups, and covered entries. The site includes 24 covered parking spaces, pitched roofs, mature landscaping, copper plumbing, individual electric metering, and recently installed sewer clean-outs. Ideally located near 32nd Street and Bell Road, the property offers excellent access to SR-51, Loop 101, and nearby retail, dining, and employment hubs--making it a strong investment in a high-demand North Phoenix submarket.

3027 E Grandview Road Unit 1, Phoenix
$4,495,000
7057128 MLS
Seven-unit townhome portfolio in Encanto Village, one of Midtown Phoenix's most sought-after neighborhoods. Within 10 minutes of major employers, dining, nightlife, professional sports, I-10, SR-51, and SR-202, five major hospitals, and 20 minutes from Sky Harbor. Built in 2021, each 1,779 SF townhome offers 3 bedrooms and 2.5 baths over two levels, with private courtyards, high-end finishes, and two flex areas for work/play. Currently operated as rentals with in-place rents below market, offering meaningful upside in one of the nation's strongest job markets. Each home is individually parceled, allowing an investor to hold the portfolio for income today and later sell units individually at retail. A rare central-Phoenix asset pairing for-sale-quality product with two distinct value paths.

4020 N 12th Street, Phoenix
$399,999
7057120 MLS
Charming remodeled duplex in the heart of Glendale! This 1,286 sq ft property offers two separate units 🏡 Unit 1: 2 beds/1 bath at 647 sq ft. Unit 2: 1 bed/1 bath at 639 sq ft. Both feature updated finishes, tile/vinyl plank flooring, and dual pane windows. Thoughtfully renovated with a modern kitchen, fresh paint, and stylish bathrooms. Appraised above list price, giving buyers instant equity 💰 Enjoy 2 driveway spaces and a low-maintenance gravel yard. Perfect for investors or owner-occupants seeking rental income potential. Close to shopping, dining, and easy freeway access.

5959 W Gardenia Avenue, Glendale
$750,000
7057074 MLS

3801 N 23rd Drive, Phoenix
$699,999
7057043 MLS

936 E Navajo Road, Tucson

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.