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302 W Culver Street, Phoenix
$2,500,000
8 Beds ⋅ 8 Baths ⋅ 7093044 MLS
Location! Location! Location! Beautiful high-end, nearly new 4-Plex. Fantastic views to downtown, and across from newly renovated Hance Park and dog park and beautiful Japanese Friendship Garden. High-end Finishes, Vaulted Ceilings in upper units, all units have 2 Bedrooms and 2 Bathrooms with laundry in all units. Upper units have walk-out balconies in front and back. Common area includes a built-in BBQ and ramada and turf area with desert landscaping. Each unit has 1 assigned covered parking with one additional covered parking and ample uncovered parking next to the property. Less than 1/2 mi. to light rail and access to SUNS and DBACKS arenas, 1/2 mi. to Portland St. Cultural District and Roosevelt Row Arts District and Banner University hospital! Drive-by only until accepted contract

302 W Culver Street, Phoenix
1930-1938 E Adams Street, Phoenix
$2,250,000
22 Beds ⋅ 16 Baths ⋅ 7098707 MLS
Adams Street Apartments is a 16-unit apartment community offering immediate value-add potential. Originally configured as 17 units, the property includes a storage room that could be converted back into a studio unit, creating an opportunity for additional rental income. Owned and operated by the same ownership since 2012, the property has benefited from consistent capital improvements, including new roofs, ongoing electrical panel replacements and extensive plumbing updates. Units have also been renovated incrementally as they become vacant. With a majority of long-term tenants paying below-market rents, the property offers investors multiple opportunities to increase income through continued renovations, loss to lease recovery and the restoration of the 17th unit.

1930-1938 E Adams Street, Phoenix
806 W Turney Avenue, Phoenix
$2,220,000
14 Beds ⋅ 14 Baths ⋅ 7090003 MLS
Melrose Flats is a 12-unit garden-style multifamily property built in 1956 with durable block construction, featuring a unit mix of (10) 1-bedroom / 1-bathroom units and (2) 2-bedroom / 2-bathroom units. Updated interiors showcase quartz countertops, modern cabinetry, stainless-steel appliances, and stained concrete flooring. Each unit is equipped with an in-unit washer and dryer and is individually metered for electricity. Community amenities include a spacious landscaped courtyard, covered on-site parking spaces, and additional storage units. Ideally situated along 7th Avenue in the heart of the Melrose District, the property offers residents convenient walkability to a variety of shopping, dining, and entertainment options.

806 W Turney Avenue, Phoenix
18202 Cave Creek Road Unit 17units, Phoenix
$2,125,000
29 Beds ⋅ 29 Baths ⋅ 6770068 MLS
17-UNIT VALUE-ADD WORKFORCE HOUSING PORTFOLIO | $2,125,000 | Approx. $125,000 Per Unit. Not every investor is the right buyer for this portfolio and that's exactly the point. This 17-unit workforce housing portfolio consists of individually deeded condominium units within Mountain Springs Terrace and is being offered as a single investment opportunity. The portfolio includes eleven 2-bedroom plus den/2-bath units, five 1-bedroom plus den/1-bath units, and one 3-bedroom/1-bath unit. (The den functions as a bedroom but does not have a window.) Offered at $2,125,000 approximately $125,000 per unit this is a value-add opportunity designed for investors who understand cash flow, operational improvements and long-term appreciation rather than turnkey perfection. The projected income profile offers the type of risk-adjusted return experienced investors often seek in workforce housing assets, recognizing that stronger returns typically accompany opportunities requiring active ownership and thoughtful management. This is an unwarrantable condominium community, making conventional residential financing challenging. The ideal purchaser will be an experienced investor utilizing commercial financing, cash, a 1031 Exchange, private capital, or other investment strategies appropriate for this asset class. Many units have been renovated over time, and every residence includes its own washer and dryer an amenity that continues to attract long-term tenants. The community offers covered parking, a swimming pool, on-site management office, barbecue area, and convenient access to major employment corridors, shopping, Loop 101, SR-51, and public transportation. Investment Highlights: Individually deeded condominium ownership providing long-term ownership flexibility and multiple future exit strategies. Professionally managed HOA. Continued capital improvements and ongoing maintenance demonstrate proactive ownership. Strong demand for workforce housing in an established North Phoenix rental market. Every residence includes an in-unit washer and dryer. Attractive basis at approximately $125,000 per unit. This is not a passive investment. It is a portfolio built for investors who understand Class C workforce housing, recognize value-add opportunities, and appreciate the balance between operational involvement and long-term income potential. If you're looking for a pristine institutional asset, this isn't it. If you're looking for cash flow, upside, and know how to operate Class C workforce housing, let's talk.

18202 Cave Creek Road Unit 17units, Phoenix
4142 N 10th Street, Phoenix
$2,099,000
12 Beds ⋅ 11 Baths ⋅ 7074851 MLS
Welcome to The Chesterfield! Fully remodeled and separately metered, this 11-unit apartment complex in Central Phoenix offers a rare combination of flexibility, design, and cash flow potential. Each unit has been tastefully updated with modern finishes, new flooring, and contemporary kitchens and baths. All units can include appliances, furnishings, and assigned parking,ready for immediate operation. Currently run as a successful short term operation, this property is also perfectly positioned for midterm rentals catering to travel nurses, medical professionals, and corporate clients. Located within minutes of Banner University Medical Center, St. Joseph's Hospital, Phoenix Children's Hospital, and the VA Medical Center, this area experiences consistent demand for fully furnished stays. Highlights: -11 fully remodeled units - all separately metered for gas & electric -Can be sold fully furnished with appliances included -Dedicated parking -Walking distance to major hospitals and transit routes -Excellent opportunity for Airbnb, midterm, or long-term leasing strategies -Proven income performance in one of Phoenix's strongest rental corridors This is a plug-and-play investment in a thriving, high-demand location, ideal for the investor looking to scale in one of the Valley's most stable and profitable rental markets.

4142 N 10th Street, Phoenix
1942 W Berridge Lane, Phoenix
$2,099,000
24 Beds ⋅ 72 Baths ⋅ 6865139 MLS
Fully renovated, turn-key 12-unit multifamily asset located in the heart of vibrant Central Phoenix. This rare investment opportunity offers immediate cash flow and long-term upside in one of the city's most dynamic and accessible submarkets. Lamego Palms features spacious, thoughtfully updated two-bedroom, one-bathroom residences averaging approximately 900 square feet. Each unit offers modern finishes, upgraded kitchens and bathrooms, and an in-unit washer and dryer--premium amenities that enhance the resident experience and support strong tenant retention. The property also includes a detached bonus flex space equipped with plumbing and electrical, offering additional functionality and potential for an office, storage, or other ancillary use.

1942 W Berridge Lane, Phoenix
2102 W Adams Street, Phoenix
$1,999,000
16 Beds ⋅ 16 Baths ⋅ 7085334 MLS
Downtown Phoenix 16-Unit Multifamily Complex consisting of nine buildings across six contiguous lots totaling approximately 36,400 SF. The property is R-3 zoned and features all 1BD/1BA units, currently generating $18,000+ in monthly gross rental income. All units have separate electric and gas meters, with utilities paid directly by tenants. The property is serviced by four water meters. The site offers a potential redevelopment opportunity while providing existing rental income.

2102 W Adams Street, Phoenix
615 Jordan Road, Sedona
$1,950,000
7 Beds ⋅ 6997646 MLS
Are you looking for a Multi-family in Sedona? Look no further, you found the unicorn! This large, beautiful & walkable Fourplex sits in the heart of Uptown, and is an active, renovated, furnished and turnkey high-performing Airbnb. Although from the 80's, this building has had successive owners who have taken great care of it, and have always been on top of all the maintenance. HVAC was upgraded in 2025 for all 4 units, roof is only a few years old, and all units undergo weekly deep cleans during guest turnovers. Three units are 2bd/1ba, and one unit is 1bd/1ba. The plot of land is over half an acre, and its current zoning allows for the addition of TWO MORE units, giving this property the ability to scale up to a Commercial size & valuation. Did anyone say Boutique Hotel ?... Short-term rental revenue totals & projections over $200,000 per year with current 4 units. Two new units could be built on top of the carports for maximizing Uptown red rock views intake & marketability. Units could be split into condos to ensure STR capability for every unit individually. Projections over $350,000/yr in this scenario. Existing development bid at around $300/sqft available upon request. Owner May Carry at low interest rate with large down payment.

615 Jordan Road, Sedona
415 W 10th Street, Casa Grande
$1,925,000
21 Beds ⋅ 17 Baths ⋅ 7017183 MLS
11 units, single story apartments with fenced back yard. Parking in front of units. 99% occupied. Great income maker. Close to main street to downtown, shopping and restaurants. Laundromat next door. Across the street from First American Credit Union and other small businesses.

415 W 10th Street, Casa Grande
2205 S Mill Avenue, Tempe
$1,899,000
11 Beds ⋅ 8 Baths ⋅ 7087067 MLS
Marcus & Millichap has been retained as the exclusive listing agent for the sale of Courtyard on Mill, an eight-unit, fully renovated, gated multifamily community on Mill Avenue in Tempe, Arizona, one mile south of Arizona State University. Every unit was renovated and re-leased in 2026 on new 12-month terms, and 77.27% of scheduled rent is paid through HOM Inc. and Section 8 housing-assistance contracts. A buyer acquires a turnkey asset with durable income, no near-term rollover and no deferred capital plan -- at $237,375 per unit, below every renovated multifamily sale in the Tempe and South Scottsdale comparable set and below the unrenovated five-plex two blocks away.

2205 S Mill Avenue, Tempe
1021 E Fairmount Avenue, Phoenix
$1,895,000
13 Beds ⋅ 8 Baths ⋅ 6997176 MLS
1017 -1031 E Fairmount is an 8-unit apartment community located in the highly desirable Midtown Phoenix submarket. Built in 1966, The unit mix consists of (3) 1x1 units, (3) 2x1 units, and (2) 2x1.5 units, with an average rent of $1,528. 6 of the 8 units have been fully renovated with thoughtful, durable improvements including luxury vinyl plank flooring, quartz countertops, workstation-style extra-wide sinks, mini range hoods, updated light fixtures, and refreshed bathrooms featuring new tubs, tile backsplash, and modern vanities. All units offering in-suite washer/dryer or dedicated W/D access. The property also features large private front and backyards, 3 private garages, 2 covered carport spaces, and lush landscaping. 6.03% cap rate on current financials.

1021 E Fairmount Avenue, Phoenix
37 W Pasadena Avenue, Phoenix
$1,850,000
6 Beds ⋅ 5 Baths ⋅ 7045805 MLS
Set behind mature trees on a flood-irrigated half-acre in Historic Medlock Place, this is one of the most unique opportunities currently available in Central Phoenix. Combining vintage character, multiple residences, income potential, and an extraordinary collection of mature fruit trees. Originally built in 1948, the primary residence embraces its mid-century roots with stained concrete floors, a gas fireplace, updated bathrooms, and thoughtful improvements that preserve the home's character. Three separate HVAC systems provide zoned climate control, while the private primary suite includes a kitchenette, creating additional flexibility for guests, extended stays, or multi-generational living. The grounds are something truly special. Flood irrigation supports a thriving orchard featuring citrus, grapefruit, mango, pomegranate, fig, jackfruit, mulberry, kumquat, lemon, lime, and numerous other mature fruit-producing trees. Combined with flowering desert landscaping, shade trees, a resurfaced swimming pool, outdoor shower, and expansive patios, this in-town estate feels like a private retreat. Adding to its appeal are two additional structures that create exceptional flexibility for investors, owner-occupants, entrepreneurs, or those seeking multi-generational living arrangements. A detached apartment building offers approximately 1,752 square feet and was originally designed with duplex potential, while a separate guest house provides approximately 952 square feet of additional living space complete with its own kitchen and amenities. A dedicated laundry facility and three-car garage further enhance the property's functionality. Zoned R-3, the possibilities are extensive. Whether envisioned as an owner-occupied compound, income-producing rental property, boutique hospitality concept, assisted living opportunity, creative live-work environment, or a long-term investment in one of Phoenix's most desirable historic neighborhoods, this property offers a combination of land, improvements, and flexibility. Located steps from Uptown Plaza, local restaurants, coffee shops, light rail access, and Downtown Phoenix, this is a rare chance to own a landmark property in Historic Medlock Place.

37 W Pasadena Avenue, Phoenix
1802 N 26th Place, Phoenix
$1,849,000
22 Beds ⋅ 11 Baths ⋅ 7092695 MLS
1802 N 26th Pl is an attractive opportunity to acquire a fully occupied 10-unit multifamily asset generating an in-place cap rate of 6.33%, with additional upside through completing remaining interior & exterior renovations. Strong in-place rents and occupancy, coupled with a significant concentration of three and four-bedroom units, provide a compelling competitive advantage in a submarket with strong demand for larger floor plans. Built in 1960, the property has undergone substantial reconstruction and renovation, including five fully reconstructed units and two renovated units in 2021, while three units remain in classic condition. Recent capital improvements include new roofs, plumbing lines, electrical systems, and upgraded interiors across seven units. The favorable unit mix includes one studio, three one-bedrooms, one two-bedroom, four three-bedroom casitas, and one four-bedroom casita, providing broad tenant appeal and diversified rental demand. Select units offer private patios. All five three- and four-bedroom units have their own washer / dryer, and the remaining five units utilize on-site community laundry. Ideally positioned between Central Phoenix and the East Valley, the property is minutes from the I-10, SR-51, and Loop 202 Freeways as well as Phoenix Sky Harbor International Airport, Biltmore FashionPark, and the Camelback Corridor, offering residents convenient access to major employment, retail, dining, and entertainment destinations.

1802 N 26th Place, Phoenix
610 N 4th Avenue, Phoenix
$1,800,000
10 Beds ⋅ 10 Baths ⋅ 7103570 MLS
The D'art Apartments is a well-maintained 10-unit multifamily property in the heart of Downtown Phoenix. The property has been owned by the same family since its construction. The location puts residents within walking distance of Downtown Phoenix's restaurants, major employers, and entertainment venues, which supports steady tenant demand in one of the Valley's most active urban cores. The property has been consistently maintained under long-term ownership. It also offers investors an operational value-add opportunity through updated management practices, improved operating efficiencies, and alignment of rents with the surrounding market.

610 N 4th Avenue, Phoenix
402 W Earll Drive, Phoenix
$1,800,000
17 Beds ⋅ 9 Baths ⋅ 7103532 MLS
Earll Palms is a fully renovated, 9-unit* multifamily community ideally situated in the heart of Central Phoenix. The property features an attractive unit mix consisting almost entirely of spacious two-bedroom floorplans, appealing to residents seeking additional living space in a highly accessible urban location. Extensive renovations have transformed the community with contemporary cabinetry, stainless steel appliances, upgraded countertops, and wood-style flooring. Strategically located just half a mile from Phoenix's Innovation Employment Corridor, Earll Palms benefits from proximity to a major concentration of healthcare, education, research, and technology-related employment. *Unit ''A'' is not permitted

402 W Earll Drive, Phoenix
45 Chaparral Drive, Sedona
$1,800,000
8 Beds ⋅ 8 Baths ⋅ 7084583 MLS
Short Term Rental!!!! Exclusive Sedona Investment Opportunity -- a rare occupied 4-plex generating immediate cash flow and ideal for 1031 exchange investors. This 2023-built property sits directly on the Oak Creek Country Club Golf Course, offering a luxury, low-maintenance asset in one of Arizona's strongest short- and long-term rental markets. Each of the four spacious units features premium vinyl plank flooring, quartz countertops, stainless appliances, and tiled glass-enclosed showers. Tenants enjoy world-class dining, shopping, golf, hiking, and biking just minutes away, surrounded by Sedona's famous Red Rock views. Secure a stable, appreciating income property in the heart of Sedona--a premier destination where lifestyle and investment returns align.

45 Chaparral Drive, Sedona
2947 N 39th Street, Phoenix
$1,775,000
20 Beds ⋅ 20 Baths ⋅ 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
129 N 11th Avenue, Phoenix
$1,750,000
8 Beds ⋅ 8 Baths ⋅ 7100598 MLS
**RARE 5-Unit INVESTMENT OPPORTUNITY IN THE HEART OF DOWNTOWN PHOENIX!** Located in the desirable Woodland Historic District, this unique property offers incredible versatility with a modern single-family residence and four additional 1-bedroom apartments, all built in 2019! Whether you're looking to expand your investment portfolio, generate multiple rental income streams, or live on-site while renting out the additional units, this property offers endless possibilities! The spacious main residence features 4 bedrooms, 3.5 bathrooms, a den, bonus room, and a 1-car garage. Modern finishes include quartz countertops, stainless steel appliances, vaulted ceilings, and a walk-out patio. Quality block construction and a tile roof add to the appeal. Each of the four 1-bedroom apartments features a spacious great room, full kitchen, private bathroom, and its own washer and dryer. Covered parking and a gated courtyard provide added convenience and privacy. LOCATION, LOCATION, LOCATION! Enjoy easy access to everything Downtown Phoenix has to offer, including the Roosevelt Row Arts District, CityScape, ASU Downtown Campus, professional sporting events, entertainment venues, restaurants, shopping, and vibrant nightlife. An incredible opportunity to own a newer multi-unit property in one of Phoenix's most exciting urban locations. LIVE IN ONE, RENT THE OTHERS, OR MAXIMIZE YOUR INVESTMENT POTENTIAL!

129 N 11th Avenue, Phoenix
2302 N 36th Street Unit OFC, Phoenix
$1,750,000
13 Beds ⋅ 11 Baths ⋅ 7046624 MLS
Fully occupied! All single level units inside a gated community, mix of one bedroom units (9) and two bedroom units (2). Newly updated kitchen with stainless appliances, double-door refrigerators, granite countertops. Full-size washer and dryer inside each unit! Concrete floors, double-pane windows, ceiling fans in each room, enough covered and uncovered parking. Incredible central location, 15 minutes in any direction to Scottsdale, Tempe, or Downtown Phoenix. Each unit has separate electrical meter, water/sewer is paid under one account. Two trailers along with tools inside are included in the sale as bonus!

2302 N 36th Street Unit OFC, Phoenix
810 E Colter Street, Phoenix
$1,700,000
16 Beds ⋅ 14 Baths ⋅ 7072364 MLS
COLTER 9 at 810 E Colter St, Phoenix is a 9-unit value-add condo package in Uptown Phoenix. Built in 1962 with classic mid-century block construction, this asset provides instant cash flow and immense upside near the thriving 7th St & Camelback corridor. THE ASSET: 9 individually parceled units (two 3BR, three 2BR, four 1BR). EXIT: Separate parcels support a portfolio sale or high-margin retail sales. VALUE-ADD: Modernize original interiors to maximize premium rental rates. LOCATION: Walkable to elite dining, light rail, and Madison School District. AMENITIES/HOA: Gated access, pools, covered parking. HOA covers exterior, roofs, water, sewer, and trash.

810 E Colter Street, Phoenix
5035 N 23rd Avenue, Phoenix
$1,699,000
11 Beds ⋅ 9 Baths ⋅ 6993194 MLS
Uptown PHX 9-unit complex spread out over close to a 25,000-sf lot with R-3 zoning. 7.2 CAP off 2025 P&L w/ 100% occupancy. Nice pocket north of Camelback Road, 1 mile east of GCU & 1/2 mile east of the I-17. Opportunity Zone. Hard to find SELLER FINANCING available but not required (6% interest-only with 30% down in 1st position only). Fully upgraded & fully stabilized. 2025 P&L of $122,000 NOI. Seven buildings. The unit mix consists of (2) two-bedroom units; (4) one-bedroom units; & (3) bigger studio units. The jumbo lot/zoning offers density & additional value potential. Over $250,000 in renovations just a few years ago.

5035 N 23rd Avenue, Phoenix
2014 E Sweetwater Avenue, Phoenix
$1,699,000
12 Beds ⋅ 90 Baths ⋅ 6977241 MLS
Investor Special! Newer Build 6-Plex, each unit is individually titled. Every unit has a single detached garage and ample visitor parking. Ownership of your own enclave. The units are 2 bedroom, 1.5 bath, in-suite full size laundry, dedicated backyard, open floor plan and more. Fully leased out, strong and stable cash-flow, remarkable investment property.

2014 E Sweetwater Avenue, Phoenix
7858 E Glenrosa Avenue, Scottsdale
$1,649,000
6 Beds ⋅ 6 Baths ⋅ 7089202 MLS
Located just steps from of Old Town Scottsdale, this one of a kind tri-plex offers a the PERFECT investment opportunity! Each unit is individually parceled, providing flexibility for future sale, financing, or hold strategies. Currently being leased as short term rentals, all units feature spacious 2 bed/2 bath loft-style layouts, complete with in-unit washer and dryers and dedicated covered parking. Live in one unit and rent the others with passive income! Designed for both comfort and functionality, the property appeals to today's short-term and extended-stay renters seeking convenience and privacy in a highly walkable, high demand location. With direct access to the greenbelt + access to Old Town's dining, shopping, nightlife, and entertainment this is truly a special property!

7858 E Glenrosa Avenue, Scottsdale
3110 N 39th Street, Phoenix
$1,585,000
7 Beds ⋅ 4 Baths ⋅ 7066970 MLS
RENOVATED FOUR-PLEX IN PRIME CAMELBACK EAST VILLAGE LOCATION WITH INCREDIBLE INCOME POTENTIAL! Beautifully updated and perfectly positioned between the highly desirable Biltmore area and Downtown Scottsdale, this turnkey four-plex is an exceptional opportunity in one of Phoenix's strongest rental submarkets, Camelback East Village. Each unit features custom cabinetry, wood flooring throughout, modern frosted glass doors, and ceiling fans throughout. All units are individually metered for electricity and include in-suite washer and dryer, offering tenants maximum convenience. Residents also enjoy covered carport parking and spacious private yards. The property has been well-maintained with significant updates, including a roof replacement in 2011, two air conditioning units replaced that same year, and the remaining units updated in 2016 and 2021. This property offers a low-maintenance, fully renovated investment in a prime central Phoenix location, just minutes from top dining, shopping, and entertainment.

3110 N 39th Street, Phoenix
825 W Us Highway 60 --, Superior
$1,580,000
16 Beds ⋅ 16 Baths ⋅ 7071483 MLS
Exceptional opportunity to acquire a fully renovated 16-unit furnished efficiency apartment complex located in the heart of Superior, Arizona, positioned to benefit from significant economic development associated with the Resolution Copper project, one of the most significant copper mining developments in North America. Each apartment is fully furnished and features a queen-size sofa sleeper, kitchenette, microwave, mini-split AC system, and all utilities included, making the property particularly attractive for workforce housing, corporate housing, traveling professionals, and other short- and long-term rental opportunities. An additional approximately 2000 sf venue that has been upgraded with new roof, electric & plumbing is part of the property.

825 W Us Highway 60 --, Superior
1022 S Hunter Creek Drive, Payson
$1,550,000
11 Beds ⋅ 6 Baths ⋅ 7084246 MLS
RARE RIM COUNTRY OPPORTUNITY! Own the established Wooden Nickel Cabins in beautiful Christopher Creek! This unique property features multiple remodeled and furnished cabins nestled among towering ponderosa pines adjacent to the Tonto National Forest. Continue the existing successful cabin-rental operation or create an extraordinary family compound, multi-generational retreat, private mountain getaway or group destination. The property's flexible configuration provides multiple private living spaces while maintaining the charm and character of a classic Arizona cabin retreat. Conveniently located near hiking, fishing, lakes, mountain biking, hunting and the spectacular Mogollon Rim. An exceptional opportunity to combine business, investment and lifestyle in one of Arizona's most sought- after mountain recreation areas. Fully updated with new roofs, new parking lot asphalt, interiors, furnishing and remote access for all the cabins which means you can manage this from afar or you can live onsite expand your revenue with many more options! Business and real estate offered together, website & name; buyer to verify all zoning, licensing, permitted uses and property information. NDA required for very well-kept financials!

1022 S Hunter Creek Drive, Payson
1801 N 25th Place, Phoenix
$1,500,000
12 Beds ⋅ 29 Baths ⋅ 7072442 MLS
RARE 7-UNIT INVESTMENT OPPORTUNITY in a fantastic central Phoenix location! What truly sets this property apart is its unique configuration--7 total units spread across SIX SEPARATE BUILDINGS, consisting of five detached residences plus one duplex. The unit mix includes five 2-bedroom/1-bath units and two 1-bedroom/1-bath units, providing an attractive and versatile rental mix. Situated on an oversized 20,000+ sq. ft. lot, the property offers private outdoor areas, covered parking and the feel of individual residences rather than a traditional apartment complex. Ideally located between Downtown Phoenix and Sky Harbor International Airport with convenient access to major freeways, employment, shopping, dining and entertainment. A unique opportunity to acquire a well-located Phoenix multifam

1801 N 25th Place, Phoenix
1825 E Adams Street, Phoenix
$1,495,000
5 Beds ⋅ 46 Baths ⋅ 6614249 MLS
To much to mention see listing #6626952 under residential listings for info and over 300 photos. Owner/listing agent/architect/ builder, currently resides in the dwelling. Owner/seller is an active az lic realtor..7,700 sf of usable space. new waymo station under construction at the nw corner of 18th st and washington. 1 block away.

1825 E Adams Street, Phoenix
309 N Humphreys Street, Flagstaff
$1,490,000
7 Beds ⋅ 5 Baths ⋅ 7065265 MLS
Discover a rare investment opportunity in the heart of Historic Downtown Flagstaff. The iconic circa 1906 Lindemann House occupies a high-profile corner lot and includes an expansive paved parking lot--an exceptional amenity in downtown Flagstaff. Rich in history, character, and income potential, this unique property offers flexibility for investors, business owners, or those seeking a mixed-use opportunity. The property features five residential units, including two 2-bedroom, 1-bath apartments, two 1-bedroom, 1-bath apartments, and one studio apartment. Currently operated with a combination of short- and long-term rentals, all units are transitioning to long-term rentals, providing stable income with additional upside potential. SELLER FINANCING is available to qualified Buyers, and the Seller prefers a Seller Financed sale. Flagstaff's desirable Community Commercial (CC) zoning allows for a wide variety of commercial and residential uses. Over the years, the property has successfully housed a retail running store, hair salon, attorney's office, engineering office, and residential apartments, creating exceptional flexibility for future ownership. The oversized paved parking lot provides abundant off-street parking--an increasingly valuable asset in Historic Downtown Flagstaff. Whether you continue its successful income-producing history, establish your own business, redevelop the site within zoning allowances, or create a unique live/work environment, the possibilities are extensive. This is a one-of-a-kind historic downtown property offering character, strong income potential, outstanding visibility, abundant parking, flexible zoning, and exceptional long-term investment value. Owner/Agent.

309 N Humphreys Street, Flagstaff
8939 N 8th Street, Phoenix
$1,450,000
10 Beds ⋅ 8 Baths ⋅ 7061722 MLS
Price reduced to $1,450,000. Fully occupied Phoenix eight-unit property on one Absolute NNN master lease. Year 2 base rent of $127,200 annually supports an 8.77% lease-basis cap at the new price. Tenant pays taxes, insurance, utilities, maintenance and operations per the lease. Initial term through August 31, 2030, plus two five-year renewal options. Now offered at $1,450,000, 8939 N 8th Street is a fully occupied eight-unit multifamily property in North Phoenix under one Absolute NNN master lease. The property comprises six one-bedroom and two two-bedroom units, with extensive interior renovations completed in 2024. The lease provides $10,600 per month in Year 2 base rent, or $127,200 annually, supporting an 8.77% Year 2 lease-basis cap rate at the new asking price. Base rent increases by $100 per month at the start of each remaining lease year, reaching $130,800 annually in Year 5, equivalent to a 9.02% lease-basis cap rate at the new price. The initial lease runs through August 31, 2030, with two additional five-year renewal options, a personal guarantee and a first right of refusal. Under the Absolute NNN lease, the tenant is responsible for property taxes, insurance, utilities, maintenance and property operations, subject to the executed lease. The property includes three single-story buildings, 12 parking spaces, an on-site laundry room, three storage rooms, gated access and a paver courtyard. Seller financing is unavailable. Cap rates use annual base rent divided by the asking price under the stated lease economics. Tax and insurance reimbursements are excluded from the cap calculation. Buyers should independently verify lease terms, collections, expenses and property information. Executed leases are provided under contract. Please arrange tours through the listing broker. HIGHLIGHTS - New asking price $1,450,000, or $181,250 per unit. - 8.77% Year 2 lease-basis cap on $127,200 in annual base rent. - Absolute NNN master lease across all eight units. - Tenant responsible for taxes, insurance, utilities, maintenance and operations per the lease. - $100 monthly step-up at the start of each remaining lease year. - Initial term through August 31, 2030, plus two five-year renewal options. - Six one-bedroom units and two two-bedroom units. - Extensive 2024 interior renovations, gated courtyard, laundry, storage and 12 parking spaces.

8939 N 8th Street, Phoenix

Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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