Refine Search
Sort by
$1,040,000
6990042 MLS
9 unit multifamily investment opportunity in Phoenix, AZ. Built in 1946, the property spans two contiguous parcels (2916 and 2920 E. Monroe Street) and features a diverse mix mix: (3) studios, (3) one-bedrooms, (2) two-bedrooms, and (1) large three-bedroom unit over 1,000 SF. The asset offers a cap rate of 7.79% on current financials resulting in stable cash flow with upside potential. Current ownership has already completed a full sewer line replacement, mitigating a major capital expense. Strategically located, the property provides convenient access to Downtown Phoenix, Phoenix Sky Harbor International Airport, and major transportation corridors (Loop 202 and I-10), ensuring strong long-term tenant demand and investment stability.

2916 E Monroe Street, Phoenix

$1,385,000
6989939 MLS
East Taylor is a 10-unit, garden-style multifamily community located in the urban core of Phoenix. Built in 1943, the property consists entirely of one-bedroom/one-bath units with durable tile or vinyl flooring and has benefited from ongoing capital improvements. The asset offers clear value-add potential through interior modernization, addition of private yard spaces, and covered parking to support rent growth. Amenities include gated access, on-site laundry, and off-street parking. Positioned near Phoenix Sky Harbor International Airport, Valley Metro Rail, and Valleywise Health Medical Center, the property benefits from strong workforce housing demand. Located within a designated Opportunity Zone, it presents both income growth and long-term tax advantages.

2238 E Taylor Street, Phoenix

$725,000
6989127 MLS
Turnkey cash-flowing fourplex in a prime Phoenix location! This fully renovated property is a low-maintenance gem with all major upgrades handled: brand-new roof, all HVAC units replaced under current ownership, new water heaters, and a freshly painted exterior. Excellent unit mix consisting of (1) 3BD/2BA unit, (2) 3BD/1BA units and (1) 2BD/1BA unit. Every unit is updated with modern finishes, including LVP or tile flooring (no carpet) and ceiling fans. Spacious layouts feature full appliance packages and private balconies/patios. Rare four-car garage provides dedicated tenant parking and storage. Ideally located near the I-17 for fast access to Downtown Phoenix, GCU, and Glendale events. Meticulously maintained with strong tenant demand. Perfect for a 1031 exchange or owner-occupant!

3302 W Northern Avenue, Phoenix

$929,900
6988566 MLS
This high-yield, well-maintained fourplex in Phoenix is perfectly situated in a quiet cul-de-sac, just south of McDowell & 48th St. Featuring four 2-bedroom, 1-bathroom units, this turnkey property boasts durable block construction and ceramic tile flooring, along with several recent updates. With convenient access to major freeways, supermarket, stores, and located just across from elementary school, these units are highly desirable and in great demand. 4 UNITS FULLY OCCUPIED; Units 1 and 2 have just been remodeled/upgraded. Units 3 and 4 have long-term tenants. Roofing replaced in 2017. All water heaters are newer (2021-2025). Each unit has its own private patio as well as washer/dryer hook-ups. Separate storage room outside unit 4. Amazing 6.4% CAP.

1321 N 48th Place, Phoenix

$305,000
6987999 MLS
Unlock the potential of this versatile duplex, perfectly suited for investors, house hackers, or multi-generational living! Nestled on a generous 10,000+ sqft lot with mountain views & next to Mountain View Park, this property offers opportunity & convenience. Both units are currently occupied, generating a rent roll of $900 per unit. While the dwelling needs some TLC, it boasts spacious front and private backyards, ideal for outdoor fun or future upgrades. Each unit features a porch, a living/dining room, tile flooring, a kitchen with breakfast nook, two bedrooms, and a full bath. This is your chance to build equity, customize to your vision, and maximize value in a well-established area! Appraised for $345K last year! Close to schools, restaurants, shops, and the I-17, this location makes daily life a breeze.

740 W Cinnabar Avenue, Phoenix

$480,000
6987996 MLS
Great triplex investment with mountain views! This value offers three separate units, each approximately 700 sq ft. Unit #1 & #2 are tenant-occupied, generating $1,110 & $1164.90 in monthly rent, and #3 is vacant and ready for immediate occupancy. Each unit features an eat-in kitchen, a living room, tile flooring throughout high-traffic areas, two bedrooms with walk-in closets, and a full bathroom. Residents enjoy access to the large backyard, plus two assigned parking spaces per unit. The location has a bus stop right on the corner, nearby restaurants, shops, North Mountain & Shaw Butte Preserves, Peoria Ave, Winifred Green Park, and easy access to the I-17 fwy. Great multi-family investment, or multi-generational living, or house hacking!

1702 W Shangri La Road, Phoenix

$1,275,000
6987949 MLS
Turn-key prime Old Town Scottsdale fully renovated fourplex featuring three 2-bed/1-bath units and one 1-bed/1-bath unit. Interiors offer modern updated kitchens with quartz countertops, stainless appliances, luxury vinyl plank flooring, exposed block accents, and energy-efficient windows. Each unit has a separate entry into a private gated block-wall enclosed patio with turf and drip irrigation. Dedicated 4 carport spaces and 4 uncovered guest spaces on property. Second building is a shared on-site laundry room plus a locked storage closet for each unit. Major improvements include sewer line relining and HVAC upgrades. Exceptional proximity to Old Town dining, shopping, and galleries. Fully-rented and strong rental location with long-term hold appeal.

3338 N 67th Street, Scottsdale

$6,750,000
6986983 MLS
Whispering Winds is a multi-family mixed use property in the middle of town. It has excellent property management and is 100% occupied. The property consists of 2 commercial buildings w/ 3 office spaces each. Attached to the backside of the office spaces are 9 storage units with internal doors and also exterior rollup doors, and finished with sheetrock and lighting. Gated residential area has 6 duplexes w/ attached one car garages, back patios and fence yards; 3 triplexes, 1 br/1 bath, w/ storage rm, back patios and fenced yards. All built in 2004 w/ new roofs in 2018. There are also, 3 fourplexes, each built in 2018 w/ upgraded interiors. Lg common laundry rm for complex. Each unit is separately metered for water & gas. Property has its own private water company and is on town sewer.

860 W Road 1 South -- S, Chino Valley

$549,000
6984824 MLS
Exceptional development opportunity on 10 acres just minutes from the rapidly expanding Lucid Motors facility. This property offers a rare chance to capitalize on the growing demand for housing driven by a steadily increasing workforce in the Casa Grande Area. The site is already approved for 34 total units and includes substantial existing infrastructure: two block-constructed single-family homes, a large 1,700+ square foot block-built shop, and six established mobile home pads, each with its own electric meter. With zoning and approvals in place, the remaining capacity allows for up to 26 additional pads or new home construction, making this an ideal project for investors or developers seeking scalable growth and cashflow near a major employment hub. Offered AS IS, this property presents immediate income potential with significant upside for future expansion in one of Casa Grande's fastest-growing corridors.

3838 S Verbena Road, Casa Grande

$815,000
6984600 MLS
Excellent investment opportunity in the heart of Phoenix! This centrally located triplex offers strong rental appeal and immediate income potential, as all units are currently fully leased. The property features two units with 2 bedrooms and 1 bathroom, plus a spacious third unit offering 3 bedrooms and 2 bathrooms — ideal for attracting a variety of tenants. Each unit has been thoughtfully updated with modern finishes, including wood-look flooring, neutral color palettes, recessed lighting, and stylish kitchens complete with white shaker cabinetry, quartz countertops, stainless steel appliances, and tile backsplash. Residents enjoy private covered patios, front turf areas, and the convenience of in-unit washer and dryer — features that enhance tenant satisfaction and retention. Situated near major freeways, downtown Phoenix, Chase Field, ASU, Phoenix Children's Hospital, shopping, dining, and public transportation, this property offers both convenience and long-term desirability. Easy to manage and located in a high-demand rental corridor, this is an ideal addition to any investment portfolio. Don't miss this opportunity to own a well-maintained multi-family property in a prime central location!

1950 E Yale Street, Phoenix

$660,000
6982738 MLS
4-Plex Investment Opportunity! Well-maintained property featuring four 1 bedroom, 1 bath units. All currently occupied. Offering strong, consistent cash flow with immediate income. Each unit has a functional layout appealing to long term tenants, making it an ideal addition to any investor's portfolio. Low vacancy history & solid rental demand provide excellent income potential w/upside for future rent growth. Conveniently located near shopping, dining, & major commuter routes. A great opportunity for both seasoned investors and those looking to enter multifamily ownership. The rents are low for the current market. These one bedrooms should rent for $1100/month. Unit C is rented at $1200 per because it is a VA tenant all utilities included. All Leases MTM. except Unit C.

7980 E Lakeshore Drive, Prescott Valley

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.