Refine Search
Sort by
$725,000
7034464 MLS
Beautifully updated 3-unit triplex in the desirable Encanto neighborhood! This income-producing property at 2336 N 11th St offers excellent curb appeal with distinctive white block construction and mature palm trees. All units feature recent renovations including luxury vinyl plank flooring, white shaker cabinets, granite countertops, stainless steel appliances, ceiling fans, and updated bathrooms. Unit A: 3BD/2BA - Leased at $1,395/mo through March 2027 Unit B: 3BD/3BA - Vacant and move-in ready Unit C: 2BD/1BA - Leased at $1,250/mo through August 2026 Strong cash-flow potential with two stable tenants in place. Ideal for investors or multi-generational living. Great location near Coronado Historic District, parks, dining, and easy freeway access. Turnkey opportunity in central P

2336 N 11th Street, Phoenix

$505,000
7034029 MLS
Welcome to your new home in the heart of Mesa, Arizona! This beautifully maintained duplex offers the perfect blend of comfort and convenience, featuring 2 spacious bedrooms and 1 modern bathroom in each unit. Property is currently occupied with strong leases into 2027! Key Features - 2 Bedrooms, 1 Bathroom per Unit: Enjoy ample space with well-appointed bedrooms that provide plenty of natural light and comfort. - AC Units a Few Years Old Stay cool during the warm Arizona summers with air conditioning units that are just a few years old, providing reliable comfort for years to come. - Private Back Yards: Each unit boasts its own private backyard, perfect for outdoor relaxation, gardening, or entertaining guests. Enjoy your own personal oasis

4612 E Camino Street, Mesa

$674,500
7033695 MLS
Discover a rare opportunity to own a duplex in the heart of Fountain Hills, Arizona - perfect for investors, multi-generational living, or owner-occupants looking to offset their mortgage with rental income. Each spacious unit offers approximately 1,250 square feet with 2 bedrooms, 2 bathrooms, and an oversized 1-car garage, providing functional layouts and comfortable everyday living. Inside, you'll find soaring vaulted ceilings, abundant natural light, and open living spaces that create a bright and welcoming atmosphere. Both units also feature covered patios, ideal for enjoying Arizona's beautiful weather and mountain-desert surroundings. Situated on a large lot with no HOA, this property offers flexibility and freedom rarely found in today's market. Whether you're looking for a long-term investment property, seasonal rental opportunity, or a setup ideal for extended family living, this duplex provides incredible versatility. Located within one mile of the world-famous Fountain Hills Fountain, residents can enjoy one of Arizona's most unique and scenic communities. Known for its stunning mountain views, golf courses, hiking trails, art festivals, restaurants, and small-town charm, Fountain Hills offers a lifestyle that attracts both full-time residents and seasonal visitors alike. The community is also conveniently located near Scottsdale, Mayo Clinic, Saguaro Lake, and endless outdoor recreation. Opportunities like this are hard to find in Fountain Hills--whether you're expanding your investment portfolio or looking for flexible living options, this property offers exceptional potential in one of Arizona's most desirable desert communities.

14243 N Ibsen Drive Unit 1 & 2, Fountain Hills

$13,910,000
7033508 MLS
Rare opportunity to acquire a newly constructed prime multifamily investment property in the growing community of Glendale, AZ. Situated on 2.1 acres in the heart of the city, the property consists of 17 two-story duplex buildings totaling 34 rental apartment homes. Construction has recently been completed, and the community is currently in lease-up. Highlights include: • Newly constructed multifamily community • 17 two-story duplex buildings with a total of 34 rental apartment homes • 22 - 2BR, 2BA units averaging approximately 842 SF • 12 - 3BR, 2BA units averaging appx. 1,040 SF • Situated on 2.1 acres • Separately metered utilities • Seller can add land entitled for 30 more units. Buyer to verify all information, property data, specifications, and sq. ft. prior to close o

6077 N 60th Avenue, Glendale

$959,000
7033472 MLS
Exceptional investment opportunity in the heart of Central Phoenix featuring six garden-style apartment units with an unbeatable location offering quick access to Downtown Phoenix, Arcadia, the SR-51, and Old Town Scottsdale. This well-positioned property consists of two spacious 3-bedroom/1-bath units, two 2-bedroom/1-bath units, and two studio apartments, providing a diverse unit mix ideal for attracting a wide range of tenants. Several units have been fully renovated with stylish finishes, while others have been thoughtfully updated and still offer additional value-add potential for future improvements and increased rents. Each unit offers a comfortable layout with charming garden-style appeal, creating a welcoming atmosphere for residents. Located near some of Phoenix's most Located near some of Phoenix's most popular dining, shopping, entertainment, and employment hubs, this property presents a rare opportunity for both seasoned investors and owner-users seeking strong upside potential in one of the Valley's most desirable rental corridors.

1812 N 31st Place, Phoenix

$659,000
7033471 MLS
An exceptional investment opportunity in the heart of Downtown Phoenix -- two 4-unit buildings offering a rare chance to own 8 total units with conventional financing eligibility. Ideally located within walking distance to Chase Field, the Footprint Center, ASU Downtown Campus, University of Arizona College of Medicine, Banner Health, and the vibrant restaurants, coffee shops, art galleries, and nightlife of Roosevelt Row. All units are currently occupied, providing immediate income potential, and have been nicely updated with additional upside for future improvements and increased rents. Each residence offers its own private patio or yard space, creating an attractive living experience for tenants, along with ample on-site parking. Positioned in one of Phoenix's fastest-growing Positioned in one of Phoenix's fastest-growing urban corridors, this property combines location, flexibility, and long-term investment potential. Whether you are looking to expand your portfolio or secure a prime multi-family asset in Downtown Phoenix, this is an opportunity not to miss

1533 E Adams Street, Phoenix

$659,000
7033470 MLS
An exceptional investment opportunity in the heart of Downtown Phoenix -- two 4-unit buildings offering a rare chance to own 8 total units with conventional financing eligibility. Ideally located within walking distance to Chase Field, the Footprint Center, ASU Downtown Campus, University of Arizona College of Medicine, Banner Health, and the vibrant restaurants, coffee shops, art galleries, and nightlife of Roosevelt Row. All units are currently occupied, providing immediate income potential, and have been nicely updated with additional upside for future improvements and increased rents. Each residence offers its own private patio or yard space, creating an attractive living experience for tenants, along with ample on-site parking. Positioned in one of Phoenix's fastest-growing urban corridors, this property combines location, flexibility, and long-term investment potential. Whether you are looking to expand your portfolio or secure a prime multi-family asset in Downtown Phoenix, this is an opportunity not to miss

1529 E Adams Street, Phoenix

$629,999
7032228 MLS
Check out this cash flowing low maintenance fourplex even at today's rates. Complex is located near mostly residential homes near elementary school and within 5 miles of downtown Phoenix. All units have white shaker cabinets, 2 units remodeled with quartz countertops, shaker cabinets and vinyl plank and wood tile flooring, & stainless-steel appliances. 1 unit partially upgraded unit with Quartz countertops, and shaker cabinets. 2 units have new A/C units & water heaters that have been replaced in the last 3 years. 1 A/C unit has a new motor. All of the units have ceiling fans throughout. Recently painted exterior. Units are individual metered for electricity. Units fully occupied, but 1 unit comes up for renewal in July if you want to occupy one or rehab for higher rent. Owner/ Agen

1001 N 32nd Avenue, Phoenix

$1,290,000
8 Beds 8 Baths 7031957 MLS
6.55 Cap Rate!!! Located in the heart of central Phoenix, 1001 North 9th Street presents an outstanding multifamily investment opportunity featuring eight well-positioned studio apartment units in one of the city's most rapidly evolving urban neighborhoods. This charming eightplex offers a strong blend of steady rental demand, functional unit layouts, and prime proximity to downtown Phoenix amenities. Each studio apartment is thoughtfully designed to maximize efficiency and comfort, appealing to tenants seeking affordable urban living with convenient access to employment centers, dining, entertainment, public transit, and nearby freeway connections. The property's classic character and practical configuration make it an attractive asset for both seasoned investors and owner-operators.

1001 N 9th Street, Phoenix

$450,000
7031135 MLS
Historic 1906 Gem in the Heart of Bisbee with Mixed-Use & Residential Potential Located in the Bisbee Historic District--a designated National Historic Landmark--this two-story brick building captures the essence of Bisbee's rich mining-era heritage while offering exceptional flexibility for investors, creatives, entrepreneurs, or those seeking a truly unique residence. Featuring a recessed entry and arched second-story windows with decorative radiating voussoirs, the architecture reflects the timeless character of Old Bisbee during its peak mining years. Zoned CM-2, the property allows for both commercial and residential uses, opening the door to a variety of possibilities including live/work space, boutique lodging, artist lofts, gallery space, residential conversion, or mixed-use income production. The building offers approximately 733 sq. ft. per level, plus a basement, creating three distinct opportunities within one remarkable property. Main Level - Retail / Commercial / Creative Space A vibrant street-level storefront currently occupied, providing immediate income with potential upside through future rent increases or adaptive reuse. Positioned on bustling Main Street, this space enjoys strong visibility, foot traffic, and long-term appeal for retail, studio, café, gallery, office, or live/work concepts. Second Level - Residential / Short-Term Rental The upstairs level is currently configured as a fully furnished Airbnb-style unit featuring an open, airy ambiance with stylish décor that conveys with the sale. Guests enjoy picturesque Main Street views, making this a highly desirable short-term rental. Alternatively, the space could easily serve as a private residence, artist loft, or owner-occupied living quarters above the commercial level below. Basement - Speakeasy / Studio / Expansion Opportunity Featuring beautiful brick floors and historic character, the basement is currently used for storage but offers compelling adaptive reuse potential. Ideal for a speakeasy, wine bar, art studio, workshop, boutique retail, lounge, or additional residential expansion, this level adds significant value-add opportunity rarely found in historic downtown properties. Investment & Lifestyle Appeal With multiple income streams, flexible CM-2 zoning, and residential potential, this property appeals to both investors and lifestyle buyers seeking an authentic Old Bisbee experience. The combination of historic architecture, tourism-driven demand, walkability, and adaptive reuse possibilities creates a rare opportunity to own a true piece of Bisbee history while unlocking substantial future upside. Whether envisioned as an investment property, boutique mixed-use project, live/work residence, or creative retreat, this property blends timeless character with modern flexibility in one of Arizona's most unique and culturally rich communities. Don't miss the opportunity to own a landmark property in the heart of Old Bisbee--with built-in charm, income potential, and endless possibilities.

41 Main Street, Bisbee

$3,180,000
7030971 MLS
Positioned at 16th St & Campbell Avenue, this portfolio presents a rare opportunity to acquire 12 well located 2-bedroom, 2-bathroom condominium units in the heart of Phoenix's prestigious Biltmore corridor. Located just a short walk from the AZ Biltmore and surrounded by premier shopping, dining, golf, and outdoor recreation, the property offers investors a highly desirable location w/enduring tenant appeal. *The offering consists of 11 units w/2-beds, 2-baths w/852 sf in the 85016 zip code, along w (1) additional 2-bed, 2-bath unit w/896 sf in the 85015 zip code. Residents benefit from a professionally managed HOA that handles the exterior maintenance, roof repairs, sewer service, trash collection and common area maintenance. Inquire within for the ''Offering Memorandum''. OWNER CARRY!

1718 E Campbell Avenue Unit Multi#, Phoenix

$3,400,000
7030825 MLS
Melrose on 5th is a 12-unit multifamily community located in the highly sought after Melrose District. Originally built in 1961, the asset went through extensive repositioning in 2016 and features a rare mix of (12) 3-bedroom, 2-bathroom floor plans measuring approximately 1,200 square feet each. Unit interiors are all upgraded and feature washer/dryers, fully equipped kitchens with dishwashers and built-in microwaves, stainless steel appliances, faux vinyl wood flooring, and modernized bathrooms. Exterior amenities include gated access entry ways, charcoal barbeque grills, resort-style swimming pool, covered parking, and low maintenance desert landscaping. Great opportunity opportunity to acquire a well-maintained, renovated asset within one of Phoenix's strongest urban infill corridors.

3611 N 5th Avenue, Phoenix

$625,000
7030749 MLS
Investor special with strong upside potential! This triplex was previously a 4-plex and could be converted back. Two of the units are in need of repairs and some updating, but offers an excellent opportunity for investors, flippers, or buyers looking to add value. The property is on a corner lot with a 4 bedroom/2 bath unit which has been remodeled and updated with stainless steel appliances, updated countertops and laminate wood floor. Two additional units with 2 bedrooms/1 bath. Tons of room for parking and enormous back yard.with a shed. Security cameras are included on each unit. Also includes leased solar panels. Some deferred maintenance throughout -- being sold as-is. Great chance to rehab and increase rents. No HOA! Seller willing to payoff solar panels with the right offer!

10226 N 15th Avenue, Phoenix

$1,199,500
7030100 MLS
Discover modern living in this stunning newly built two-story duplex located in the desirable Camelback East neighborhood. This exceptional duplex home features three spacious bedrooms with expansive walk-in closets and two and a half elegant bathrooms showcasing high-end finishes on each unit. The open-concept layout seamlessly connects the gourmet kitchen to the living areas, perfect for entertaining guests or family gatherings. Step outside to a large backyard ready for your personal design, offering endless possibilities for landscaping and outdoor enjoyment. Built with top-tier materials and meticulous craftsmanship, this duplex also includes a convenient garage per unit for added accessibility and security. Don't miss the chance to make this beautiful space your own!

920 E Pasadena Avenue, Phoenix

$575,000
7029561 MLS
INCOME PRODUCING SETUP, 2 KITCHENS, DETACHED 2 STUDIO UNIT GUEST HOUSE, DOWNTOWN MESA Investor-focused opportunity with a remodeled main residence and detached 2 studio unit guest house designed for flexible occupancy and multiple income streams. Property layout supports long-term rental, short-term rental, live/work use, shared housing, or multigenerational occupancy. Two kitchens and separated living areas create strong functionality for maximizing rental potential and tenant flexibility. Interior remodel adds turnkey appeal while minimizing immediate renovation costs. Expansive lot offers additional parking flexibility, outdoor utility, storage options, or future value-add potential. Located in downtown Mesa near light rail access, restaurants, retail, and ongoing redevelopment activity driving continued demand in the area. Strong fit for investors seeking cash flow, house hacking potential, or a property adaptable to multiple rental strategies. Rare opportunity to acquire a flexible income property that stands apart from standard single-family inventory.

146 S Robson --, Mesa

$719,000
7029061 MLS
Turnkey Furnished Phoenix Duplex | Proven Income-Producing Investment | No HOA Opportunity meets flexibility at 4201 E Almeria Rd, a fully furnished duplex already operating as a successful short-term rental with an impressive 4.79-star guest rating and 94.4% five-star reviews. Whether you're expanding your investment portfolio, looking for a house-hack opportunity, or seeking a property that can generate income from day one, this one is ready to perform. The property features two separate residences, including a 2-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit, currently configured for room-by-room rentals to maximize income potential. Continue the existing short-term rental model or adapt it for Airbnb, VRBO, corporate housing, traveling medical professionals, seasonal visitors, mid-term rentals, or traditional long-term tenants. Sold fully furnished, the property includes all furniture, appliances, refrigerators, washers, dryers, and household essentials, making for a seamless transition with minimal startup costs. Major capital improvements provide additional peace of mind, including Unit 1 HVAC (2021), Unit 2 HVAC (2022), Unit 1 water heater (2023), Unit 2 water heater (2021), along with additional interior updates and light remodeling throughout. Location is another standout feature. Situated just minutes from Phoenix Sky Harbor International Airport, Downtown Phoenix, Old Town Scottsdale, Tempe, Arizona State University, major hospitals, business corridors, Cactus League Spring Training, entertainment, shopping, dining, golf, and convenient freeway access, this property consistently appeals to both business and leisure travelers. With no HOA, proven rental history, flexible income strategies, and a location that remains in demand year-round, this is a rare opportunity for investors, owner-occupants, or multi-generational living. Continue operating as a successful furnished rental or tailor it to your investment goals--the choice is yours.

4201 E Almeria Road Unit 1, Phoenix

$519,999
7026854 MLS
Back and better than ever with a brand-new roof and major upgrades throughout! Welcome to 2828 E Chipman Rd in Phoenix -- a rare duplex opportunity offering updated living space and excellent investment potential. The front unit spans approximately 1,700 square feet and has been recently remodeled with 3 bedrooms, 2 bathrooms, a stunning new kitchen with modern finishes, fresh carpet throughout, and a spacious, move-in-ready layout. The AC unit was replaced in 2021 for added peace of mind. The back unit offers approximately 1,000 square feet with 2 bedrooms and 1 bathroom, making it ideal for rental income, multigenerational living, or additional flexibility. Whether you are looking to live in one unit while leasing the other or searching for a turnkey investment property, this duplex offers exceptional versatility and value. Located in Phoenix's desirable South Mountain area, the property provides easy access to I-10 and Loop 202, making commuting throughout the Valley simple and convenient. Just minutes from Downtown Phoenix, residents can enjoy nearby dining, entertainment, and cultural attractions, including Papago Park, the Phoenix Zoo, Desert Botanical Garden, Heritage Square, the Rosson House Museum, and the Arizona Science Center.

2828 E Chipman Road, Phoenix

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.