347 N 16th Avenue, Phoenix, AZ 85007

$375,000

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List Price
$375,000
Days on Market
146
Status
ACTIVE
MLS#
6992517
City
Phoenix
Subdivision
Capitola Place
Year Built
1951

Property Description

Excellent opportunity to own a cash flowing, low maintenance triplex near downtown Phoenix. Two 2-bedroom, 1 bath units and one renovated 1-bedroom, 1 bath unit. On-site laundry. Corner lot with 2 buildings. Strong rents with consistent, stable tenants. Opportunity for value-add and rent increases.

Additional Information

Elementary School
Capitol Elementary School
High School
Metro Tech High School
Middle School
Capitol Elementary School
Community Features
Other
Construction
Wood Frame, Painted, Stucco
Cooling
Central Air, Heat Pump, Electric, Varies by Unit
Electric
APS
Heating
Electric, Heat Pump, Varies by Unit, Central
New Financing
VA Loan, FHA, Conventional, 1031 Exchange, Cash
Parking Features
>1 Space Per Unit
Roofing
Composition
Subdivision
Capitola Place
Taxes
$1,329
Tax Year
2025
Tenant Pays
Electricity, Gas
Units
3
Water
City Franchise
Zoning
R-5

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of McMath Realty LLC.

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.