Sun Lakes AZ Multi-Family Real Estate, Homes for Sale

Centrally located triplex in central Mesa. Building has two, 1-bed units and one 2-bed unit. Each unit has a private garage and individual storage closets with laundry hookups. Each tenant pays their own electric and gas while the owner pays water, sewer, and trash. Tenants share a common backyard. The property is rock landscaped for easy maintenance. Two of the three air conditioning units were replaced in the last month. at time of listing, units are all occupied. Property is close to shopping, public transportation and freeways.

41 W 7th Street, Mesa

$995,000

7 Beds ⋅ 4 Baths ⋅ 7062031 MLS

The Axl in Garfield is a 4-unit garden-style property of solid block construction, built in 1965, 1968, and 1996 and was extensively renovated and modernized in 2025, with approximately $55k per unit in capex.. The community includes (3) 2-bed / 1-bath units and (1) 1-bed / 1-bath unit, each with fully renovated interiors featuring upgraded flooring, cabinetry, countertops, stainless steel appliances, and in-unit washer/dryers; select units also include private fenced yards. Residents enjoy dedicated parking, and easy access to Downtown Phoenix, all within the historic Garfield Historic District, one of Phoenix's most vibrant urban enclaves. With residential financing available, The Axl in Garfield offers a turnkey, cash-flowing investment in a dynamic infill location.

1338 E Fillmore Street, Phoenix

$1,625,000

10 Beds ⋅ 8 Baths ⋅ 7061722 MLS

Eight-unit Phoenix multifamily investment under one Absolute NNN master lease. Offered at $1,625,000 with current Year-2 base rent and NOI of $127,200, a 7.83% cap rate. Six 1BR and two 2BR units across three buildings. Tenant pays taxes, insurance, utilities and operating expenses. Lease runs through 8/31/2030 with $100 monthly base-rent increases at each remaining lease-year anniversary, two five-year options, a personal guarantee and first right of refusal. Interior renovations, gated courtyard, on-site laundry and three storage rooms enhance the property. No seller financing. Do not disturb tenants. Buyer to verify all information. Acquire eight residences supported by a single Absolute NNN master lease in Phoenix's Sunnyslope/North Mountain area. The property includes six one-bedroom/one-bath units and two two-bedroom/one-bath units in three one-story buildings. Reported building area is approximately 4,461 SF on approximately 14,257 SF of land. The initial lease began September 1, 2025 and expires August 31, 2030. Current Year-2 base rent, effective September 1, 2026, is $10,600 monthly or $127,200 annually. Annual NNN reimbursements total $12,577.32, comprising $4,040.40 for taxes and $8,536.92 for insurance. Total annual rent plus reimbursements is $139,777.32. Matching reimbursed expenses are $12,577.32, leaving $127,200 NOI and a 7.83% cap rate at the $1,625,000 asking price. These are annualized current lease-year figures. Monthly base rent increases to $10,700 on September 1, 2027, $10,800 on September 1, 2028 and $10,900 on September 1, 2029. Year-5 annual base rent is $130,800, equivalent to an 8.05% cap rate at the current asking price under the stated NNN structure. Two five-year renewal options, a personal guarantee and a first right of refusal are reported. Renewal options are not exercised lease terms. Features include extensive 2024 interior renovations, tenant-funded exterior paint and landscaping, gated access, a privacy wall, paver courtyard, an on-site laundry room and three storage rooms. Nearby services include healthcare, public transportation, shopping and North Mountain recreation. Seller financing is not available. Please do not disturb residents. Complete tenant leases are provided only after the property is under contract to protect tenant privacy. Disclaimer: Information is believed reliable but is not guaranteed. Buyer must independently verify all facts, figures, income, expenses, leases, occupancy, measurements, condition, zoning and permitted uses. Pro forma rents, returns and financing illustrations are estimates, not guarantees. Offering is subject to errors, omissions, prior sale, changes in price or terms and withdrawal without notice.

8939 N 8th Street, Phoenix

$680,000

4 Beds ⋅ 4 Baths ⋅ 7061053 MLS

Rare investment opportunity in the heart of Central Avondale! This fourplex features four 1-bedroom, 1-bathroom units, each offering just over 500 square feet of living space. Situated on a generous lot, the property presents exceptional potential for investors, developers, or owner-occupants looking to build equity. Constructed with a combination of wood frame and finished with classic stucco, this income-producing property is conveniently located near Central Avenue with easy access to shopping, dining, schools, and major commuter routes. Whether you're looking to renovate, reposition, or expand your investment portfolio, this centrally located fourplex offers endless possibilities in a rapidly growing area.

338 N 1st Street, Avondale

$695,000

8 Beds ⋅ 4 Baths ⋅ 7061019 MLS

Great Investment Opportunity 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 ⋅ 4 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

$917,900

6 Beds ⋅ 50 Baths ⋅ 7060645 MLS

NEW BUILD! MOVE-IN READY! CONTEMPORARY DESIGN! These two (2) NEW BUILD SINGLE FAMILY HOMES, on 1 lot, 1 APN #, same financing as a duplex. 1,600 SQ. FT. | 3 BEDROOMS | 2 BATHS + POWDER ROOM MINUTES FROM THE 101 & 51 FREEWAYS, DESERT RIDGE & KIERLAND! Step inside to dramatic 20-FOOT SOARING CEILINGS and clerestory windows that fill the home with natural light. Contemporary urban-style railings and a gallery overlook to the Great Room create an impressive, open architectural feel. DESIGNED & BUILT TO IMPRESS!! • Quality 2x6 construction • Spray-foam insulation at the roofline • Luxury PLANK laminate flooring throughout • Contemporary urban-style railings • Gallery overlooks to the Great Room • Two private balconies • 2 full baths + powder room with cabinet • Laun " Window coverings & ceiling fans " Designer tile kitchen backsplash " Shaker-style cabinetry & doors throughout " Stainless steel appliances -- refrigerator included! " 2-car garage " Approx. 40' backyard " Front & backyard landscaping ASK ABOUT BUILDER INCENTIVES TO HELP BUY DOWN YOUR INTEREST RATE!

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

$495,000

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

6 Beds ⋅ 4 Baths ⋅ 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 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

4 Beds ⋅ 3 Baths ⋅ 7058755 MLS

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

2142 E Taylor Street Unit 1, Phoenix

$399,900

7 Beds ⋅ 7 Baths ⋅ 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

6 Beds ⋅ 4 Baths ⋅ 7058509 MLS

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

2444 E Willetta Street Unit 4, Phoenix

$370,000

3 Beds ⋅ 2 Baths ⋅ 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

$489,000

4 Beds ⋅ 4 Baths ⋅ 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

7 Beds ⋅ 4 Baths ⋅ 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

2 Beds ⋅ 2 Baths ⋅ 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 car 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

$949,900

10 Beds ⋅ 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

$475,000

3 Beds ⋅ 4 Baths ⋅ 7057523 MLS

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

404 S Ponderosa Street, Payson

$269,000

2 Beds ⋅ 2 Baths ⋅ 7057435 MLS

Price Reduced! 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

$749,999

6 Beds ⋅ 8 Baths ⋅ 7057410 MLS

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

421 S Terry Lane, Tempe

$2,800,000

32 Beds ⋅ 128 Baths ⋅ 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

21 Beds ⋅ 21 Baths ⋅ 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

5 Beds ⋅ 2 Baths ⋅ 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

$699,000

8 Beds ⋅ 4 Baths ⋅ 7057074 MLS

3801 N 23rd Drive, Phoenix

$694,999

10 Beds ⋅ 20 Baths ⋅ 7057043 MLS

Exceptional Investment Opportunity Near the University of Arizona! Don't miss this versatile and income-producing fourplex in one of Tucson's most desirable rental corridors. Situated just minutes from the University of Arizona and adjacent to the popular Mountain Avenue bike path, this unique property offers a rare unit mix featuring a spacious 3-bedroom main home plus three 1-bedroom units, creating multiple income streams and broad tenant appeal. Whether you're an investor looking to expand your portfolio or an owner-occupant interested in offsetting your mortgage by living in one unit while renting the others, this property delivers exceptional flexibility. The approximately 2,636-square-foot property sits on a generous quarter-acre lot and offers easy access to the university, downtown Tucson, shopping, restaurants, and major employers. With strong rental demand driven by its prime central location, this property presents an outstanding opportunity for long-term appreciation and consistent cash flow. Add it to your portfolio or make it your next house hack--opportunities like this don't come around often.

936 E Navajo Road, Tucson

$799,900

8 Beds ⋅ 4 Baths ⋅ 7056928 MLS

Words can't fully capture the value of this impeccably maintained four-plex, where pride of ownership is evident throughout. Ideally situated in a highly desirable rental community, this property offers both stability and long-term upside for any investor. Each of the four units features a 2-bedroom, 1-bath layout with 926 square feet, providing comfortable and functional living spaces that remain in high demand. Three units are currently occupied, delivering immediate cash flow, while Unit #4 is vacant and available to show. Each unit includes French doors leading to a spacious front deck or patio area, creating a welcoming indoor-outdoor feel. The downstairs units enjoy private fenced yards, a rare amenity that enhances tenant appeal.

3823 N 23rd Drive, Phoenix

$567,150

6 Beds ⋅ 3 Baths ⋅ 7056512 MLS

464 S Washington is a well-maintained, turnkey triplex located minutes from Downtown Chandler. This property provides an investor with immediate, stable cash flow and minimal deferred maintenance. The property has benefited from multiple recent capital improvements, positioning it as a low-maintenance acquisition. The asset consists of (3) 2 bedroom/1 bath units, offering a uniform unit mix that simplifies management, leasing, and underwriting. The Downtown Chandler location provides tenants with proximity to local retail, dining, and employment corridors, supporting sustained rental demand and tenant retention.

464 S Washington Street, Chandler

$725,000

8 Beds ⋅ 4 Baths ⋅ 7056408 MLS

Incredible opportunity to own a well-maintained fourplex with STRONG INCOME potential -- priced at $725,000! All units offer spacious 2 bed/1 bath layouts. All units were tastefully renovated from 2023-2025 with modern finishes and updated interiors. All four units feature NEWER A/C units installed in 2022 for year-round efficiency and peace of mind. New roof completed on back duplex in Sept 2023. Community laundry on site. Three Tenants are currently in place at strong rental rates, delivering immediate cash flow from day one. ONE VACANT UNIT, making house-hacking opportunity! BONUS: Expansive parking area allows tenants to store additional vehicles, boats & trailers with landlord approval -- a rare perk driving long-term tenant satisfaction and retention!!

451 E 10th Avenue, Apache Junction

$530,000

9 Beds ⋅ 12 Baths ⋅ 7056320 MLS

$50k UNDER APPRAISAL!! Start CASH FLOWING IMMEDIATELY!! Beautifully updated duplex offering flexibility for both investors and owner-occupants. One unit features 3 bedrooms and 2 bathrooms, while the second unit offers 4 bedrooms and 2 bathrooms, creating strong rental income potential is currently rented out at $1950. The 4 bedroom unit is currently rented out for $2750. Recent renovations include curated interiors, newer HVAC systems, water heaters, and other major components for added peace of mind. Enjoy durable hard-surface flooring throughout, open-concept living spaces, and modern kitchens designed for today's lifestyle.

510 N Iroquois Avenue, Tucson

$379,700

5 Beds ⋅ 3 Baths ⋅ 7055964 MLS

Income producing Duplex built in 1926 on a 8,700 square foot lot (0.2 acres) in the Oakland subdivision. One 2 bed 1 bath unit and one 1 bed 1 bath unit. Construction is masonry and reinforced concrete tilt up frame. Both units are currently leased and produce rental income. Zoning is R-5 (multiple family residential), and the lot sits directly beside 324 N 18th Ave, single family home, that is also rented, producing income and is also for sale, see MLS 7055892. Together, the two parcels total 0.4 acres of R-5 land, positioned for redevelopment into multiple rental units. 324 N 18th Ave and 326 N 18th Ave sit side by side, share R-5 zoning, and total 0.4 acres. Both properties generate income under current use, which lets a buyer hold and collect rent while pursuing entitlements. Buyer to confirm current development standards, parking requirements, and permitted density with the City of Phoenix Planning and Development Department. Buyer to perform all due diligence.

326 N 18th Avenue, Phoenix

$575,000

5 Beds ⋅ 4 Baths ⋅ 7055927 MLS

Great opportunity to buy a rare 3plex with all units fully occupied producing income immediately. Two one bedroom units and one 3 bedroom unit, both are rare and easy to rent because of it. Exterior was just painted 07/09/2026.

4804 E Caballero Circle, Mesa

$515,000

5 Beds ⋅ 3 Baths ⋅ 7055795 MLS

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

4080 N Pima Way, Rimrock

$482,600

6 Beds ⋅ 4 Baths ⋅ 7055488 MLS

LIVE FOR LESS THAN HALF PRICE! Why rent when your tenant can help pay for your home? This outstanding 2022-built duplex offers the opportunity to live in one unit while approximately $1,900/month rent from the other can offset more than half your housing payment. Well-maintained and in excellent condition, each unit features wood-look tile, Samsung stainless appliances, 42'' espresso cabinetry, 2'' wood blinds, and modern finishes. Reliable tenants pay their own electric. Ample on-site parking. Also an excellent investor opportunity with approximately $34,000 annual income and an attractive 7% CAP rate. FHA, VA, conventional, cash, or 1031 buyers welcome.

1911 E Warner Street, Phoenix

$750,000

8 Beds ⋅ 4 Baths ⋅ 7055078 MLS

Seller financing available! This well-maintained four-unit property features four 2-bedroom, 1-bathroom units, each with its own in-unit laundry. The property has been extensively renovated, with updates completed throughout all four units, exterior improvements, and numerous upgrades across the property. With a strong history of proactive maintenance and no known deferred maintenance items, this is a truly turnkey investment. Tenants enjoy a shared outdoor space with BBQs and picnic tables, and the property is occupied by well-vetted tenants, providing stable income. Conveniently located with easy access to I-17 and just 2 miles from Grand Canyon University, this property offers an excellent location for both tenants and investors. Seller financing info upon request

2210 W Devonshire Avenue, Phoenix

$709,000

8 Beds ⋅ 4 Baths ⋅ 7053664 MLS

Rare investment opportunity in Phoenix. This is a four-unit, two-story multifamily dwelling is designed for rental income with three of the four units currently occupied. The layout features four 2-bedroom, 1-bathroom units. Having one unit vacant gives you the opportunity to view the rental space without disturbing residents.

1321 W Vogel Avenue, Phoenix

$699,900

6 Beds ⋅ 4 Baths ⋅ 7053495 MLS

SELLER OFFERING $12,000 IN CLOSING CONCESSIONS! Use toward an interest-rate buydown or eligible closing costs. Built in 2025 with $70K+ in premium custom upgrades, this turnkey Central Phoenix duplex features two spacious 3BR/2BA units. Interior highlights include tile flooring throughout, high-efficiency spray foam insulation, private laundry rooms, and all appliances. Exterior features include a gated/fenced front yard, covered outdoor pergola with ceiling fans, artificial turf, privacy ficus trees, and separate RV gates. Unit 2 boasts newly renovated bathrooms. Separate electric meters; tenants pay water, sewer, and electric. Strong income potential with multiple rental strategies. Perfect for investors or owner-occupants!

1724 S 1st Street, Phoenix

$599,000

6 Beds ⋅ 6 Baths ⋅ 7053426 MLS

Fantastic investment opportunity! Fully leased triplex with all three units occupied and leases in place. Please review the photos and drive by the property only--please do not disturb tenants. Each unit offers 2 bedrooms, 2 bathrooms, luxury vinyl plank flooring, and shaker-style cabinetry. Community amenities include a pool, fitness center, playground, and gated access. Professional on-site management by MAXX Property Management provides a convenient, low-maintenance ownership experience.

12945 W Greenway Road Unit 19, El Mirage

$1,275,000

6 Beds ⋅ 4 Baths ⋅ 7053329 MLS

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

705 S Ruth Street, Prescott

$1,499,900

12 Beds ⋅ 12 Baths ⋅ 7053038 MLS

NEWLY BUILT investment 4-plex located in the NEW Community of Balboa Village in East Mesa, it offers 3 beds & 2 baths + powder room. The inviting interior features tons of natural light, 10' & 9' tall ceilings, a neutral palette, wood-look tile flooring downstairs, & plush carpet upstairs. You'll love the seamlessly flowing open layout! The impressive kitchen boasts SS appliances, granite counters, subway tile backsplash, recessed lighting, shaker cabinetry w/crown molding, and an island w/breakfast bar. The main bedroom is downstairs, featuring its own outdoor access & an ensuite with dual sinks & a walk-in closet. The large secondary bedrooms are upstairs, along with a shared full bathroom. PLUS! This gem comes with an attached 1-car garage w/driveway for additional parking!

8232 E University Drive, Mesa

$7,300,000

42 Beds ⋅ 570 Baths ⋅ 7052542 MLS

Row 31 is a newly constructed boutique style 31-unit community located at 1435 E Taylor St. in the desirable Garfield District just minutes from Downtown Phoenix. The asset offers investors a rare opportunity to acquire a fully modern, institutional quality infill property in one of Phoenix's most urban and transit-connected neighborhoods. Row 31 consists of a well-balanced unit mix of (2) studios, (18) one-bedroom, and (11) two-bedroom, two-bathroom residences, each featuring in-suite washer/dryer, stainless steel appliances, LVP flooring, quartz countertops, custom cabinetry, and smart home features. Construction finished earlier this year and the property is now nearing full occupancy.

1435 E Taylor Street, Phoenix

$425,000

4 Beds ⋅ 2 Baths ⋅ 7052276 MLS

Excellent multifamily investment opportunity on an R-5 zoned multifamily parcel. This fully remodeled duplex features two 2-bedroom, 1-bath units, updated in 2023 with modern kitchens, updated bathrooms, and tile flooring throughout. Situated on a 6,350 sq. ft. lot, the existing duplex leaves additional open space that may offer future expansion or redevelopment potential, subject to buyer verification and City of Phoenix requirements. Ideal for investors seeking immediate rental income, owner-occupants, or those looking for a value-add opportunity. Conveniently located just minutes from Downtown Phoenix, Roosevelt Row, Grand Avenue, the Arizona State Capitol, and I-10 and I-17.

1647 W Garfield Street, Phoenix

$619,000

7 Beds ⋅ 4 Baths ⋅ 7052170 MLS

Excellent investment opportunity in the heart of Phoenix! This well-maintained duplex offers immediate cash flow with two spacious units already occupied. Unit 1 features 3 bedrooms and 2 bathrooms and is currently rented for $2,000/month. Unit 2 offers an expansive 5-bedroom, 3-bathroom floor plan and is currently rented for $2,325/month, generating a combined monthly income of $4,400. Conveniently located near Downtown Phoenix, I-17, I-10, schools, parks, shopping, and dining, this property is ideal for investors looking to expand their portfolio or owner-occupants seeking supplemental rental income. Don't miss this versatile, income-producing property with strong upside potential!

3326 W Maricopa Street, Phoenix

$225,000

1 Beds ⋅ 1 Baths ⋅ 7052122 MLS

Turnkey investment opportunity in Sierra Vista! This well-maintained duplex features two 3-bedroom, 1-bath units, each offering 816 sq ft with updated vinyl flooring, bright eat-in kitchens, fenced backyards, on-site parking, evaporative cooling, and natural gas heating. Both units are tenant occupied at $950/month, generating $22,800 in annual rental income, with tenants paying their own utilities. Built with durable stucco construction, a metal roof, and recent updates, this low-maintenance property is professionally managed and ideal for investors seeking reliable cash flow.

524 N Ave Avenue, Sierra Vista

$489,999

4 Beds ⋅ 3 Baths ⋅ 7051935 MLS

This 3-unit, garden-style historic property, originally constructed in 1916 and completely restored in 2022, offers a unique blend of character and modern upgrades. The property consists of a fully renovated 2-bed/1-bath single-family home, along with a newly constructed duplex featuring (2) 1-bed/1-bath units. The single-family home was extensively updated in 2022 with brand new HVAC, electrical, and plumbing, as well as in-unit laundry and modernized interiors throughout. The duplex was rebuilt from the ground up in 2022, providing turnkey living spaces for tenants. All units are individually metered for electricity, adding convenience and efficiency. Ideally located in the Oakland Historic District with close proximity to Grand Avenue Arts District, Downtown Phoenix, and major freeways.

1522 W Polk Street, Phoenix

$899,000

8 Beds ⋅ 8 Baths ⋅ 7051475 MLS

Price Reduced! This turnkey fourplex is located in North Phoenix & features large 915sqft units which are all 2 bed/2 bath. The unit interiors were fully remodeled in 2022 which included: new flooring; new kitchen cabinets & countertops; all new kitchen appliances; new bathroom vanities, plumbing fixtures, & more. The in-suite washers & dryers will also convey. The lower units have private patios & the upper units have private balconies. The lot size is very large and parking is plentiful. Lookout Mountain is nearby as well as the 51 freeway for easy access. Major employers nearby include Paradise Valley Unified School District, North Mountain Medical Center & Walmart Supercenter. The property is not governed by an HOA. Drive by only...please do not disturb tenants.

2726 E Beck Lane, Phoenix

$539,000

6 Beds ⋅ 6 Baths ⋅ 7051471 MLS

FANTASTIC LOCATION! Cash cow with long term tenants. Located within walking distance to Historic Glendale shopping and restaurant fare. Minutes on Grand Ave puts you in downtown Phoenix. Close to all Westgate amenities and spring training venues. Studio units sustainably developed with tile counter tops, tiled showers, tiled floors, with very little to replace. Each unit features a private courtyard patio. Units separately metered for APS. Property is eligible for 1031 exchange. Includes 111-10-074 & 111-10-077

5911 W Lamar Road Unit 1, Glendale

$175,000

20 Beds ⋅ 7051069 MLS

Historic Douglas landmark redevelopment opportunity! Known locally as the ''Old Post Office Building,'' this massive approx. 12,341 sq ft two-story commercial structure, with five storefronts, is located within the Douglas Historic District and offers exceptional adaptive reuse potential. Formerly a hotel, saloon, bordello, retail spaces and salon, the property retains significant original character including stacked brick walls, hardwood floors, original doors and trim, oversized picture windows, 10-foot ceilings, wide central staircase, large hallways, and approximately 20 upstairs rooms with fireplace venting still in place. Roof replaced in 2019. Zoned GC (General Commercial). Utilities are currently off. Excellent opportunity for boutique hotel, mixed-use redevelopment, artist lofts, event venue, hospitality, retail, office, or live/work conversion. Exceptional historic architecture and redevelopment potential at approximately $14/sq ft. Buyer to verify zoning, historic status, incentives, and all permitted uses.

844 N G Ave 846 Avenue, Douglas

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