Refine Search
Map
Sort by
$675,000
8 Beds ⋅ 4 Baths ⋅ 7040102 MLS
Fantastic investment opportunity in Central Mesa. This 4plex features all 2 bed 1 bath units with long term tenants already in place. Current rents are below market but all 4 tenants are on month to month leases, so increasing rents is possible with 30 day notices. All facts and figures approximate, buyer to verify to their satisfaction.

2216 E Broadway Road, Mesa
$625,000
6 Beds ⋅ 3 Baths ⋅ 7039047 MLS
Exceptional investment opportunity featuring a total of seven units, including a single-family residence & eligible for residential financing. This triplex must be sold with the adjacent fourplex (MLS # 7039046), creating a seven-unit investment portfolio. Located near GCU, the freeway, shopping, and other amenities, this property offers strong tenant appeal. The single-family residence features a full-size laundry room. All units were renovated between 2019 and 2020. Improvements include new sewer and water lines, upgraded electrical service, interior and exterior paint, roofs replaced on both triplexes in 2024, and a new roof on the single-family residence in 2020. Well-maintained property with numerous updates throughout. See Documents tab for details. Buyer to verify all information.

2620 W Pierson Street, Phoenix
$775,000
7 Beds ⋅ 5 Baths ⋅ 7039046 MLS
Exceptional investment opportunity featuring a total of seven units, including a single-family residence & eligible for residential financing. This fourplex must be sold with the adjacent triplex (MLS #7039047), creating a seven-unit investment portfolio. Located near GCU, the freeway, shopping, and other amenities, this property offers strong tenant appeal. The single-family residence features a full-size laundry room. All units were renovated between 2019 and 2020. Improvements include new sewer and water lines, upgraded electrical service, interior and exterior paint, roofs replaced on both triplexes in 2024, and a new roof on the single-family residence in 2020. Well-maintained property with numerous updates throughout. See Documents tab for details. Buyer to verify all information.

2616 W Pierson Street, Phoenix
$995,000
10 Beds ⋅ 6 Baths ⋅ 7037733 MLS
An amazing investment opportunity in a fantastic central Phoenix location. This 4-plex offers updated units and plenty of off-street parking (4 covered/6 uncovered). All units have been renovated and feature updated counters, flooring, etc. The main house offers 3 beds & 2 bathrooms. The other units are one 3/1 and two 2/1. Some have private W&D; others share a laundry facility. All units have private back yards. Close to everything, you can't go wrong. Phoenix Children's Hospital is just a 10-minute walk. Hop in the car for a 10-minute ride to Sky Harbor, or a 15-minute jaunt into downtown Phoenix. Live in one, rent the others!

1936 E Yale Street, Phoenix
$585,000
14 Beds ⋅ 14 Baths ⋅ 7037040 MLS
Great investment opportunity in the highly desirable gated community of Palomino Point! This 4-plex is situated in a single building and features an excellent unit mix consisting of a 3 bed/3 bath, a 2 bed/2 bath, a two-story 2 bed/1.5 bath, and a spacious 1 bed/1 bath. All units have received full to partial remodels, including new flooring and newer appliances. The HOA covers water, sewer, trash, and landscaping, while electricity is individually metered to each unit. Additional features include a private patio with a second-floor balcony. Residents enjoy access to the community pool, heated spa, and playground. Ideally located across the street from a school and just minutes from shopping and public transportation. Buyer to verify all information.

2837 E Marconi Avenue, Phoenix
$889,000
5 Beds ⋅ 5 Baths ⋅ 7036877 MLS
4-unit apartment community. The front house was originally constructed in 1905, while the triplex was built in 1984 using block masonry. The property was extensively renovated in 2023, with approx $62,500 per door in capex per unit. Each unit is equipped with new in-suite washer and dryer. Upgrades include new roof, flooring, cabinets, countertops, ac units and hot water heaters for triplex, stainless steel appliances, and more. The community features a desirable mix of (1) 2-bed, 2-bath single-family home and (3) 1-bed, 1-bath units, all thoughtfully updated with modern finishes. Each unit is equipped with its own exterior storage space, private backyards and in-unit washer and dryers, and residents enjoy dedicated parking for added convenience. Each unit indiv. metered for electricity.

2709 E Willetta Street Unit FRNT, Phoenix
$1,395,000
14 Beds ⋅ 7036697 MLS
The property consists of seven units, across two buildings. The front building is a single story triplex, while the rear building is a two story loft style fourplex. The property is extremely well located, being just west of ASU's Tempe Campus. The unit mix is unknown, however two tenants are long term and five are short term.

1214 S Farmer Avenue, Tempe
$249,900
6 Beds ⋅ 3 Baths ⋅ 7036189 MLS
Unique multi-unit opportunity featuring three separate residences on one lot! Front home offers 3 bedrooms and 1 bathroom with spacious living areas, tile flooring and covered front patio. Second unit includes 2 bedrooms and 1 bathroom with functional kitchen and living space. Third unit features 1 bedroom and 1 bathroom, providing flexibility for rental income, extended family or multi-generational living. Convenient location near shopping, dining, schools and freeway access. Great opportunity for investors, multi-generational living or buyers seeking flexible use options with three separate residences situated on one parcel. Buyer to verify all facts, figures, square footage and zoning/use information.

1522 W Taylor Street, Phoenix
$1,550,000
11 Beds ⋅ 6 Baths ⋅ 7035981 MLS
The Chadley at Madison Park is a 5-unit multifamily community originally built in 1958 and comprehensively renovated in 2026.Interior upgrades include updated electrical panels, new plumbing, full cosmetic renovations, and new in-unit washers and dryers. Exterior improvements include a new roof, new sewer lines, new water lines, new HVAC systems, and new water tanks. The unit mix consists of (4) two-bedroom/one-bathroom units and (1) three-bedroom/two-bathroom home, appealing to families and long-term tenants alike. Each residence features a large private backyard and a dedicated carport and outdoor space that is increasingly rare in the submarket. Ideally positioned directly across from Madison Park and Madison Park Middle School and just minutes from shopping, dining, and entertainment

4323 N 13th Place, Phoenix
$800,000
12 Beds ⋅ 72 Baths ⋅ 7035349 MLS
Total 6 units of townhomes all 2 bedrooms/1.5bathroom in a community of total 99 units of Dunlap Condominiums, large 1108sqft for each unit, all units rented, each unit with Washer/Dryer, individual water heater and HVAC, Tenant pay for electricity. Average rent $1100 to 1400 for each unit in this community. HOA fee $300 each covering insurance, common area maintenance, and water, sewer, trash.

3520 W Dunlap Avenue Unit 109, Phoenix
$669,000
8 Beds ⋅ 4 Baths ⋅ 7034632 MLS
Great investment opportunity with this value add 4 plex consisting of 2 separate buildings on a large lot with a very open and spacious community courtyard perfect for gathering, BBQ's or visiting with your neighbors. All units are 2 bedrooms with 1 bathroom and come with a separate storage/laundry room. Conveniently located for easy commute to Grand Canyon University (2 miles), downtown Phoenix, mid town Phoenix and Steel Indian School Park. Perfect investment opportunity with all tenants on a month-to-month lease ready for updating and rental rate increases.

3849 N 23rd Drive, Phoenix
$959,000
12 Beds ⋅ 6 Baths ⋅ 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
4 Beds ⋅ 4 Baths ⋅ 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
4 Beds ⋅ 4 Baths ⋅ 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
$719,000
4 Beds ⋅ 4 Baths ⋅ 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
$1,109,998
8 Beds ⋅ 8 Baths ⋅ 7025359 MLS
Discover a prime investment opportunity in strong central Phoenix with this fully occupied 8-unit multifamily complex generating consistent cash flow from day one. This exceptional property comprises three spacious 1-bedroom, 1-bathroom units and five efficient studio units, perfectly positioned to capitalize on the area's high demand for affordable rentals where vacancies remain rare. Each unit features its own electrical sub-panel for independent metering and billing. While all three 1-bedroom units boast in-unit washer/dryers for premium tenant appeal, and studios share a convenient on-site laundry facility. The property is fully fenced with one dedicated parking spot per unit, creating a secure and organized community. Major systems including plumbing, electrical, and HVAC were professionally upgraded in 2021, ensuring reliability and minimal maintenance concerns for years to come. The property is well-maintained with regular upkeep including fresh paint and timely repairs. With its R-5 zoning allowing for maximum density in multifamily development, this property presents significant future redevelopment possibilities for investors seeking long-term upside potential. Located strategically near Downtown Phoenix, the Central Avenue light rail extension, and with easy access to I-10 and I-17, residents enjoy quick commutes to key employment corridors and major transit routes. Beyond the stable current income, this is a true value-add opportunity--the large lot provides room for expansion, and there's strong potential to increase returns by replacing flooring and installing washer/dryers in the remaining studio units, or utilizing the huge courtyard for income-producing amenities like vending machines. This combines built-in stability with substantial upside for an investor ready to maximize returns. DRIVE-BY ONLY; please do not disturb tenants. Walkthroughs available only with accepted offers. Buyer to verify all information.

909 S 35th Avenue, Phoenix
$750,000
6 Beds ⋅ 2 Baths ⋅ 7025032 MLS
Duplex featuring two units, each with 2 bedrooms and 1 bathroom. Both units are occupied.

3601 W Maricopa Street, Phoenix
$649,000
4 Beds ⋅ 2 Baths ⋅ 7024741 MLS
Exceptional investment opportunity in the desirable Arcadia/Osborn corridor! This beautifully renovated duplex features two separate 2 bed / 1 bath units, each currently operating as STR and offering excellent flexibility for short-term, long-term, or owner-occupant use. Both units are move-in ready with updated finishes, stainless steel appliances, open-concept living spaces, and wood-look LVP flooring throughout. Each residence includes its own private yard space, dedicated carport parking, and access to a shared laundry room--rare amenities that enhance tenant and guest appeal. A turnkey income-producing property in one of Phoenix's most sought-after central locations.

1809 N 42nd Street, Phoenix
$949,000
5 Beds ⋅ 4 Baths ⋅ 7022517 MLS
Very charming and quiet mid-century apartment community in midtown Phoenix situated just north of the Phoenix country club features a garden style four-unit building and a beautiful two-bedroom home (separate listing) surrounding a lush green community courtyard! The apartment units have been meticulously upgraded with beautiful flooring, tiling, paint, appliances, ceiling fans and lighting. An array of improvements and enhancements on this stunning property have created an environment where tenants typically remain for a long time! Ideal set-up for someone who wants to reside in the mid-century home while renting the units out. Or perfect AirBnB! This one's truly a gem in a fantastic location near light rail, Biltmore and downtown!

3515 N 12th Street, Phoenix
$2,900,000
5 Beds ⋅ 25 Baths ⋅ 7021704 MLS
5 Casitas plus smaller laundry room. All recently updated and show great all 1 Bedroom, 1 Bath with Kitchenette SQ.FT. is 450-590 per unit. This sale includes adjoining lot with 2500 SQ FT main house MLS # 7021665 Almost 1 full acre between both lots. 4 Car Garage and another 1 car garage and 5 parking spots.

11 W Pasadena Avenue, Phoenix
$835,000
4 Beds ⋅ 3 Baths ⋅ 7020424 MLS
Exceptional investment opportunity in the heart of Central Phoenix. Ideally situated near the Biltmore Area and Downtown Phoenix, this gated triplex offers strong in-place income with zero vacancy and modernized interiors throughout. The property features two 1 bed / 1 bath units and one 2 bed / 1 bath unit, all thoughtfully updated while maintaining a touch of mid-century character. Tenants enjoy a private, lushly landscaped courtyard, along with semi private patios for each unit, creating a unique community-oriented living environment. Additional highlights include covered parking for three vehicles plus 3 uncovered spaces, multiple storage areas, and a shared laundry room with washer and dryer included. Each unit is separately metered for gas and electric and equipped with its own separately metered for gas and electric and equipped with its own HVAC system and water heater, minimizing owner expenses and simplifying management. Ideal for investors seeking stable cash flow, with future flexibility. Potential owner-occupant opportunity available as early as July. These opportunities do not come up often!

4514 N 14th Place, Phoenix
$605,000
6 Beds ⋅ 4 Baths ⋅ 7020368 MLS
Well-located 4-plex just minutes from Grand Canyon University presents a strong opportunity for investors seeking consistent income and long-term growth. Its proximity to a major university creates steady rental demand, making it ideal for student housing or long-term tenants. The property offers reliable cash flow with solid income potential, along with the advantage of being in a high-demand rental area. Convenient access to shopping, dining, and major freeways further enhances its appeal to tenants. Whether you are expanding your portfolio or looking for a dependable income-producing asset, this 4-plex is a valuable addition with both immediate returns and future appreciation potential.

5820 N 35th Avenue, Phoenix
$645,000
4 Beds ⋅ 4 Baths ⋅ 7016981 MLS
THIS IS A 4-PLEX apart of 6-Unit Portfolio Opportunity (4-Plex + Duplex) | Tesla Corridor | Luke AFB | Potential $76,800+ Income Turnkey multi-family opportunity in one of the fastest-growing areas of the West Valley Turnkey multi-family opportunity in one of the West Valley's fastest-growing corridors. This 4-unit property delivers immediate income with long-term upside, positioned directly across from the Tesla Collision Center and minutes from Luke Air Force Base. Investment Highlights: Potential $43,200 Annual Gross Income $900/month per unit 5.4% Cap Rate. Strong, consistent rental demand (military + workforce housing) Location Strength: Direct frontage near Luke AFB (stable tenant base) High visibility along Litchfield Road Across from Tesla Collision Center (employment-driven demand) Rapidly expanding commercial and industrial growth corridor Property Features: Single-story 4-plex with private entrances Large lot with ample off-street parking Expansive rear/common area with utility access (visible in photos) Low-maintenance desert landscaping Solid block construction Functional layouts with upside through cosmetic upgrades Value-Add Potential: Below-market rents ' opportunity to increase income Space for improved tenant amenities (outdoor seating, storage, etc.) Strong candidate for long-term hold or portfolio expansion Income Upside Analysis (Pro Forma): Current: * $900 × 4 units = $3,600/month * Annual = $43,200 Scenario 1 - Moderate Increase ($1,050/unit): * $1,050 × 4 = $4,200/month * Annual = $50,400 * + $7,200/year increase Scenario 2 - Market Alignment ($1,200/unit): * $1,200 × 4 = $4,800/month * Annual = $57,600 * + $14,400/year increase

6249 N Litchfield Road, Litchfield Park
$445,000
4 Beds ⋅ 2 Baths ⋅ 7016959 MLS
THIS IS A DUPLEX apart of a 6-Unit Portfolio Opportunity (4-Plex + Duplex) | Tesla Corridor | Luke AFB | $76,800+ Income Turnkey multi-family opportunity in one of the fastest-growing areas of the West Valley. This cash-flowing duplex offers immediate income with strong upside potential, ideally positioned along Litchfield Road directly across from the Tesla Collision Center and minutes from Luke Air Force Base. Financial Highlights: $31,200 with potential $33,600 Annual Gross Income 5.2-5.6% Cap Rate Stable tenant base with consistent occupancy Location Advantages: Direct proximity to Luke Air Force Base (strong, reliable rental demand) Across from Tesla Collision Center (employment-driven growth) High-visibility corridor with ongoing commercial expansion Easy access to major transportation routes Property Features: Single-story construction for low maintenance Spacious lot with ample parking Functional layouts with private entrances Large outdoor/common areas with utility access Solid block construction with long-term durability Low-maintenance desert landscaping Value-Add Potential: Below-market rents with clear upside Opportunity to enhance outdoor/common areas Strong long-term appreciation in a high-growth corridor Portfolio Opportunity: Property must be sold with adjoining 4-plex, offering investors the opportunity to acquire a larger multi-family portfolio with increased scale, operational efficiency, and long-term value creation. FHA, and VA loan approved!

13865 W Claremont Street, Litchfield Park
$424,999
4 Beds ⋅ 2 Baths ⋅ 7006724 MLS
Take advantage of this fantastic investment opportunity with this charming duplex on a desirable corner lot! Each unit features a cozy living room with a soothing palette, blinds, and tile flooring. Both eat-in kitchens are well-equipped, ready for culinary adventures. All bedrooms are cozy and well-sized, providing inhabitants with a private retreat for a good night's sleep. Outside, you'll find a full-length covered patio with well-laid pavers, perfect for enjoying a good book or a refreshing drink. Don't miss out on this one!

1147 W Peoria Avenue, Phoenix
$3,895,000
28 Beds ⋅ 41 Baths ⋅ 7004263 MLS
The Mojave is a 27-unit, garden-style multifamily community located in Phoenix, AZ. Originally constructed in 1986 and extensively renovated in 2022, current and previous ownership has invested over $680,000 in capex into the property including a full interior renovation package on all 27 units (all with washer/dryer), new roof, asphalt replacement, upgraded landscaping, exterior painting and fencing, more. Even with significant capital improvements made over the past 5 years, new ownership can capture immediate upside by replacing the grass area with artificial turf, which will generate an estimated $5,000 to $10,000 in annual expense savings. This is a compelling opportunity for investors seeing a true turnkey, cash flowing asset with additional upside potential.

2020 W Orangewood Avenue, Phoenix
$625,000
8 Beds ⋅ 4 Baths ⋅ 7003980 MLS
Fully rented fourplex in the heart of Wickenburg--an excellent investment opportunity with immediate income potential! Ideally located within walking distance to historic downtown Wickenburg, this property offers convenience to shopping, dining, and local amenities. Each of the four units features 2 bedrooms and 1 bathroom, providing desirable layouts for tenants and strong rental appeal. With all units currently occupied, this is a turnkey income-producing property ready for its next owner. Whether you're looking to expand your portfolio or secure a solid investment in a growing market, this well-located multi-family property is a must-see!

450 Palm Drive, Wickenburg
$669,000
8 Beds ⋅ 4 Baths ⋅ 7000699 MLS
Stabilized, turnkey 4-plex offering immediate cash flow. Recent upgrades include a brand-new roof with transferable warranty, fresh exterior paint, renovated units and landscaping. The property is 100% occupied. Ideal for investors seeking a low-maintenance, professionally managed asset.

72 W Southern Avenue, Mesa
$449,000
2 Beds ⋅ 2 Baths ⋅ 6996631 MLS
This offering includes two fully renovated multifamily units in a prime infill location directly adjacent to Downtown Phoenix. The property has been extensively upgraded with a new AC system, dual pane windows, new kitchen and bathroom finishes, new LVP flooring in the back unit, and sealed concrete floors in the front unit. The adjacent property at 712 W Fillmore is available as well. That property includes a single-family home and a triplex that provide stable in-place income with additional upside through renovation and rent growth. The properties may be acquired together or separately, providing investors flexibility to tailor the acquisition to their strategy.

718 W Fillmore Street, Phoenix
$665,000
6 Beds ⋅ 4 Baths ⋅ 6996611 MLS
This offering includes a single-family home and a triplex in a prime infill location directly adjacent to Downtown Phoenix. It provides stable in-place income with upside through renovation and rent growth. Recent capital improvements include new electrical meters, new gas lines, and upgraded water lines throughout portions of the property. Additional upgrades include a new roof on the single-family home (2023), PEX lines, dual pane windows, mini-split AC systems installed in 2025, and a roof recoating on the triplex completed in 2025. The adjacent property at 718 W Fillmore is available as well. That property includes 2 fully renovated multifamily units. The properties may be acquired together or separately, providing investors flexibility to tailor the acquisition to their strategy.

712 W Fillmore 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.