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1507 W Tonto Street, Phoenix
$530,000
5 Beds ⋅ 3 Baths ⋅ 7098734 MLS
This Central City triplex delivers IMMEDIATE INCOME with $4000+ in gross monthly rent already locked in. Three SEPARATELY METERED units--two in the front building, one standalone in back, all currently leased. This property checks all the boxes: immediate income, low management overhead, and clear upside. Central City location means solid tenant demand and easy access to downtown Phoenix. True hands-off operation with SEPARATE ENTRANCES for each unit, private outdoor space, requiring minimal active management and maintaining strong tenant satisfaction. Whether you're a first-time house hacker seeking to reduce your housing costs or an experienced investor building a multifamily portfolio, this three-unit property offers flexibility, immediate income, and growth potential in a stable rental market. Hurry! This won't last. DRIVE-BY ONLY--do not disturb tenants. Walkthroughs by accepted offer only. Buyer to verify all information.

1507 W Tonto 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
1434 S 11th Avenue, Phoenix
$845,000
8 Beds ⋅ 14 Baths ⋅ 7098319 MLS
WHY START FROM SCRATCH WHEN YOUR INVESTMENT CAN START WORKING FOR YOU FROM DAY ONE? Here's your opportunity to own a beautiful, nearly new duplex in the heart of Phoenix, with an established tenant already leasing BOTH units under a 3-YEAR LEASE AGREEMENT! Built in 2024, this income-producing property offers 3,334 total sq. ft., featuring TWO spacious 4-bedroom, 3.5-bath residences, each with dual primary suites, modern finishes, quartz countertops, stainless steel appliances, two laundry areas, and a 2-car garage. EV charging adds another modern convenience! Minutes from Downtown Phoenix, major employment centers, entertainment, and freeways. YEAR-END INVESTORS, TAKE NOTICE! Secure an income-producing asset with potential depreciation and tax advantages. Why wait to build your portfolio?

1434 S 11th Avenue, Phoenix
170 E Monterey Way, Phoenix
$1,499,000
8 Beds ⋅ 12 Baths ⋅ 7098144 MLS
LOCATION, LOCATION, LOCATION! Modern Downtown Living Meets Contemporary Style! Introducing this stunning, newly built 2026 4-Plex at 170 E Monterey Way in the heart of Phoenix! Each thoughtfully designed residence offers 2 bedrooms, 2.5 bathrooms/ and 1,192 sq. ft.of stylish living space, featuring upscale upgrades, modern finishes, and charming private front patio perfect for morning coffee or unwinding outdoors! Each unit also includes 2 dedicated parking spaces for added convenience. Ideally located within walking distance of downtown phoenix, effortless access to local businesses, dining and entertainment, and the vibrant city lifestyle. Whether your seeking a modern urban home or a prime investment opportunity, this property delivers contemporary comfort in an unbeatable LOCATION!

170 E Monterey Way, Phoenix
1014 N 28th Street, Phoenix
$424,900
5 Beds ⋅ 2 Baths ⋅ 7096762 MLS
Exceptional Duplex Investment Opportunity with an Assumable Loan! Discover an outstanding opportunity to own an income-producing duplex with valuable recent upgrades and an incredibly attractive financing option that is hard to find in today's market! Featuring two separate apartments--one spacious two-bedroom unit (currently rented at 1200.00)per month) and one three-bedroom unit (vacant freshly painted and ready to rent) )--this versatile property offers excellent potential for investors, owner-occupants, or buyers looking to expand their real estate portfolio. With important improvements already completed, including a newer roof, electrical upgrades, an outdoor patio cover, and fencing, Unheard of potential deserves a second look. Do not disturb tenants. Inspections with accepted offer.

1014 N 28th Street, Phoenix
3233 W Melvin Street, Phoenix
$585,000
8 Beds ⋅ 4 Baths ⋅ 7096178 MLS
Freshly painted 4 plex consisting of all 2 bed / 1 bath units. All units feature tile flooring. Off street parking available for residents. Close proximity to schools and jobs.

3233 W Melvin Street, Phoenix
19 W Inglewood Street, Mesa
$799,000
8 Beds ⋅ 4 Baths ⋅ 7096167 MLS
Turnkey investment opportunity in Mesa! NO HOA!!! This fully occupied fourplex generates $5,750/month ($69,000/year) in gross rental income. Long term tenants in place that are willing to renew lease--providing immediate, stable cash flow from day one. Two units have been fully remodeled, and all four feature newer HVAC systems, helping minimize near-term capital expenses. Current rents are $1,550, $1,450, $1,450, and $1,300/month. The two remaining units offer future value-add potential through renovations and rent growth. A great opportunity for investors seeking an income-producing multifamily property with established tenants, strong rents, and upside potential. Please do not disturb tenants.

19 W Inglewood Street, Mesa
660 S 93rd Street, Mesa
$554,500
6 Beds ⋅ 4 Baths ⋅ 7096001 MLS
Great investment opportunity! This newly built multifamily property features two matching units, each offering 3 bedrooms, 2 bathrooms, and 1,000 sq. ft. of living space. Both units feature spacious bedrooms, ample closet space, and tile flooring throughout. The modern kitchens include quartz countertops, soft-close cabinets, crown molding, a dedicated pantry, and brand-new appliances. Additional features include tankless water heaters, interior laundry hookups, and separate electric meters for each unit. Bathrooms are finished with elegant porcelain tub and shower surrounds. Outside, enjoy concrete driveways and easy-care gravel landscaping. Water is paid by the owner, making this property an attractive opportunity for both investors and future owners.

660 S 93rd Street, Mesa
2601 E Paradise Lane, Phoenix
$499,000
7095968 MLS
Situated on an expansive 35,480-square-foot (approximately 0.81-acre) lot in an evolving North Phoenix neighborhood, this R-3 zoned property presents a compelling opportunity for investors, developers, and visionaries looking to capitalize on the area's continued revitalization and long-term growth potential. Previously operating as a six-unit residential compound with multiple income-producing residences, the property offers a unique opportunity to reimagine its next chapter. The site has sustained significant fire damage, with only one of the original buildings remaining standing, creating an opportunity to explore redevelopment, reconstruction, or an entirely new residential investment concept. With its generous lot size, established residential surroundings, and convenient proximity to major transportation corridors, shopping, dining, and employment centers, the property offers an attractive foundation for a potential income-producing development. Whether envisioning multifamily housing, a thoughtfully designed residential compound, or another permitted use, the possibilities are worth exploring. An opportunity to acquire a substantial parcel in an evolving North Phoenix location and unlock its future potential. Buyer to verify zoning, allowable density, development requirements, and feasibility with the City of Phoenix.

2601 E Paradise Lane, Phoenix
17132 E Salida Drive, Fountain Hills
$729,000
6 Beds ⋅ 4 Baths ⋅ 7095896 MLS
TWO SPACIOUS UNITS, ONE SMART INVESTMENT! PRIME TURNKEY DUPLEX IN SOUGHT-AFTER FOUNTAIN HILLS -- FULLY LEASED! An outstanding addition to any portfolio, this beautifully maintained fee-simple duplex offers immediate, reliable cash flow from day one. Built in 2003 on a generous 100x125 lot, the property features two identical, expansive units--each offering 3 bedrooms, 2 full baths, 2CG step free and approximately 1,300 square feet of living space (6 beds / 4 baths total). With vetted, long-term tenants already in place, this is a hands-off, low-maintenance performer in one of Arizona's most desirable rental markets. Rare stability meets prime Fountain Hills real estate.

17132 E Salida Drive, Fountain Hills
6226 N 14th Street, Phoenix
$879,990
5 Beds ⋅ 3 Baths ⋅ 7095796 MLS
Assume a 2.50% fixed-rate VA loan in a 7% market! Veteran and non-veteran buyers may assume with lender approval, potentially saving thousands versus new financing. This North Central Phoenix duplex offers 2,541 sf on a rare quarter-acre lot. Unit A is a single-family-sized 3 bed/2 bath home with an open great room and island kitchen; Unit B is a 2 bed/1 bath; the 2-car garage rents separately for added income. Major updates done: 2023 roof restoration with 5-yr workmanship warranty, dual-pane windows (2023), permitted electrical upgrade (2021), and in-unit laundry in both homes. Live in one unit and let the other help pay the mortgage, or hold as a cash-flowing rental with built-in rent upside. Opportunities like this are rare!

6226 N 14th Street, Phoenix
1229 N 35th Street, Phoenix
$3,300,000
28 Beds ⋅ 14 Baths ⋅ 7095112 MLS
A 14-unit apartment community in one of Phoenix's most accessible central locations. Every unit is a two-bedroom one-bath residence, and 12 units have been remodeled recently. The major building systems have also been updated: all air conditioners and water heaters were replaced within the past five years. That gives a new owner a well-maintained asset with limited near-term capital needs to step into a turn key business. The property also has clear, built-in upside. Current rents are about 10-15% below market, so an owner can increase income through rent adjustments. Most tenants are on a month-to-month lease, which lets a buyer move rents to market on their own timeline. The residents are long-term, which points to stable occupancy and a community people choose to stay in. Eight units h have their own washer and dryers and the rest of units use onsite community laundry. The property also includes vacant land with room for an additional fourplex. That gives an investor a path to grow the unit count from 14 to 18 and boost long-term returns through new construction. The location is just south of McDowell Road with quick access to the Loop 202 Red Mountain Freeway. Residents are minutes from Phoenix Sky Harbor International Airport, Downtown Phoenix, and Papago Park. Grocery shopping, schools, and major employment centers are all close by.

1229 N 35th Street, Phoenix
1332 E Campbell Avenue, Phoenix
$600,000
3 Beds ⋅ 3 Baths ⋅ 7095048 MLS
Check out this lovely multiple dwelling residence, now for sale in Clifton Place! Nestled on a premium corner lot & featuring a large front yard w/plenty of parking space, this is an opportunity you cannot miss! Each unit boasts a spacious dining & living area w/elegant wood-look flooring and crisp palette throughout, perfect for entertaining. Kitchens come equipped w/shaker cabinetry, quartz counters, recessed lighting, and stainless steel appliances. Cozy bedrooms w/sizeable closets promise a good night's sleep! Enjoy an excellent location w/easy freeway access, close to various restaurants & shopping spots! What are you waiting for? Hurry and act now!

1332 E Campbell Avenue, Phoenix
428 W 6th Street, Mesa
$847,500
8 Beds ⋅ 4 Baths ⋅ 7093446 MLS
MUST SELL SIMULTANEOUSLY WITH 422 W 6TH STREET - CONTIGOUS IDENTICAL 4-PLEX ALSO LISTED. Built in the late 1980s, 6th Street presents investors with an attractive value-add opportunity featuring eight two-bedroom, onebathroom residences in the heart of Mesa. With three units already renovated, the property offers a clear path to continued interior improvements and the potential to capture rental premiums through the renovation of the remaining five residences. Further distinguishing the community are its exceptionally spacious private backyards, an increasingly desirable amenity that enhances resident appeal and differentiates the property from competing multifamily communities. The existing layout also presents an opportunityto create two additional private backyards.

428 W 6th Street, Mesa
422 W 6th Street, Mesa
$847,500
8 Beds ⋅ 4 Baths ⋅ 7093444 MLS
MUST SELL SIMULTANEOUSLY WITH 428 W 6TH STREET - CONTIGOUS IDENTICAL 4-PLEX ALSO LISTED. Built in the late 1980s, 6th Street presents investors with an attractive value-add opportunity featuring eight two-bedroom, onebathroom residences in the heart of Mesa. With three units already renovated, the property offers a clear path to continued interior improvements and the potential to capture rental premiums through the renovation of the remaining five residences. Further distinguishing the community are its exceptionally spacious private backyards, an increasingly desirable amenity that enhances resident appeal and differentiates the property from competing multifamily communities. The existing layout also presents an opportunityto create two additional private backyards.

422 W 6th Street, Mesa
2516 W Pierson Street, Phoenix
$325,000
5 Beds ⋅ 3 Baths ⋅ 7093436 MLS
{ INVESTOR ALERT } 3 Units with lots of parking!! Main home is a 2 Bedroom, 1 Bath approx 1080 Sqft with new windows installed as of Sept 2026! Next Unit is another 2 Bedroom, 1 Bath approx 780 Sqft with easy access from the alley! Third unit is a studio with a full bathroom and kitchen approx 336 Sqft. Tandem parking in driveway accessible from the street and extra parking accessible from the alley. Great location in central Phoenix near a major university, freeway, community bus routes, and shopping.

2516 W Pierson Street, Phoenix
1106 E Papago Street, Phoenix
$600,000
8 Beds ⋅ 4 Baths ⋅ 7093127 MLS
New Duplex listing ready for tenants and for you to have your investment. Or house hack and live in one and rent the other out for lower living expenses. This one is recently built in 2025 with all the upgrades!

1106 E Papago Street, Phoenix
2522 W Hayward Avenue, Phoenix
$499,000
3 Beds ⋅ 9 Baths ⋅ 7092738 MLS
Proved to Sell! Excellent opportunity to acquire a fully occupied triplex with established rental income. Each 1 bd/1 bath unit is rented at $1,300/month through government voucher programs, generating $3,900 in gross monthly income, including utilities. Subject to voucher requirements and approval, an incoming owner may have the opportunity to amend leases, making tenants responsible for electricity, with adjusted rents of approx. $1,200/month. Updated in 2019 with granite countertops, tile flooring & stainless steel appliances. Roof coated 10/2022. Staggered lease expirations in May, June & September 2027 provide established occupancy and income from day one. Sold AS-IS with light exterior cosmetic improvements needed. Great investor opportunity! Drive by only until under contract.

2522 W Hayward 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
1829 W Hadley Street, Phoenix
$600,000
6 Beds ⋅ 4 Baths ⋅ 7092237 MLS
Welcome To ''Westline Luxury Residences'' A Premier New-Construction Investment Opportunity. One Separately Assessed Parcel Includes Two Fully Detached 3-Bed, 2-Bath Residences, Conveying Together At $600K. The 1,125-SF Front Home Has A 2-Car Garage & Projected Rent Of $2,100/Month. The Rear 1,007-SF ADU Has Alley Access, & Projected Rent Of $1,850/Month. Each Residence Has A Private Entrance! Projected Combined Rent Of $3,950/Month. Granite Counters, Soft-Close Cabinetry, Luxury Vinyl Flooring, ALL Stainless Appliances, Washer & Dryer, Low-Maintenance New Construction & No HOA. Near Downtown Phoenix, Shopping, Dining, 10 & 17. Westline Info, Proforma & All Investment Details Available!! Virtual Staging Used. Front Home Address:1829 W Hadley St. Rear ADU Address 1831 W Hadley St.

1829 W Hadley Street, Phoenix
10048 N 14th Street, Phoenix
$680,000
4 Beds ⋅ 4 Baths ⋅ 7092067 MLS
Four Plex - Meticuously/ Well Cared for by Owners - Clean and Each Unit very Rentable**All Units Currently Rented/ Some by Long Term Tenants**Great Location**

10048 N 14th Street, Phoenix
12005 N Panorama Drive, Fountain Hills
$4,395,000
20 Beds ⋅ 12 Baths ⋅ 7091053 MLS
Boardwalk Apartments at Fountain Park: 12-unit boutique courtyard community, a 1988 masonry office building taken to shell and converted to residential in 2025. 100% occupied, no concessions. $1,981 avg rent ($2.49/SF), a 55% premium to the Fountain Hills comp set. 5.12% cap on $224,979 owner-operated NOI. $366,250/unit, in line with the $366K median of 10 Phoenix-metro small MF sales since 1/2025. 20.7% expense ratio, owned solar array, poured concrete parking, all-new systems, in-unit W/D. No multifamily pipeline in supply-constrained Fountain Hills. OM available. Property owners are licensed real estate professionals in the State of Arizona. Connect with broker for an exterior property tour. Do not disturb tenants.

12005 N Panorama Drive, Fountain Hills
181 W Kesler Lane, Chandler
$765,000
8 Beds ⋅ 4 Baths ⋅ 7090936 MLS
Live in one unit and rent the other three, allowing the rental income from the occupied units to help offset your mortgage, taxes, insurance and operating expenses. Alternatively, lease all four units and maximize the property's income-producing potential. Each unit offers a practical 2-bedroom, 1-bathroom floor plan that appeals to a broad tenant base, including professionals, couples, small families and roommates. The four-unit configuration also provides diversification--one vacancy does not eliminate the property's entire rental income stream. Located in Chandler, one of the East Valley's most established and sought-after communities. DO NOT DISTURB TENANTS... 164 W Pecos adjoins the property and is also available

181 W Kesler Lane, Chandler
164 W Pecos Road, Chandler
$735,000
8 Beds ⋅ 4 Baths ⋅ 7090909 MLS
Excellent opportunity to own a fully occupied fourplex in Chandler, Arizona. Located at 164 W Pecos Rd, this income-producing property features four 2-bedroom, 1-bath units, with each unit approximately 672 square feet. The consistent unit mix and efficient floor plans make this an attractive addition to an investor's rental portfolio, offering the simplicity of four similar units under one roof and multiple income streams from a single property. DO NOT DISTURB TENANTS. Additionally 181 W Kesler is also available which adjoins this property

164 W Pecos Road, Chandler
2246 E Broadway Road, Mesa
$450,000
6 Beds ⋅ 4 Baths ⋅ 7090866 MLS
Duplex near Gilbert Rd and Broadway in Mesa! Each unit includes a living room, kitchen, 3 bedrooms, 2 bathrooms, tile/carpet flooring, ceiling fans, washer/dryer hookups, a fenced-in yard, and off-street parking. Kitchen includes a refrigerator and stove. Tenants are responsible for all utilities, plus a 1/2 share of common-area utility bills. Convenient location near Fry's Food and Drug, Reed Park, Highway 87, and Highway 60!

2246 E Broadway Road, Mesa
5038 N 18th Avenue, Phoenix
$570,000
9 Beds ⋅ 3 Baths ⋅ 7090472 MLS
Three-unit investment offered at $570,000 near Valley Metro Rail at 19th Avenue and Camelback. A main house and duplex total approximately 2,276 SF, configured as three 3BR/1BA units with nine furnished rentable rooms for PadSplit-style operations. Seller reports more than $120,000 in prior improvements, including kitchens, baths, flooring, windows, plumbing, electrical and lighting. Features include separate entrances, coded access and full-size laundry. Seller's October 7 rent report lists five occupied rooms at $805 per month each, totaling $4,025 in scheduled monthly rent; current occupancy and collections require verification. Seller reports missing front-house HVAC; installation has not been confirmed. Property and furnishings convey as-is. Buyer to verify all facts, income, expenses Three-unit investment offered at $570,000 near Valley Metro Rail at 19th Avenue and Camelback. A main house and duplex total approximately 2,276 SF, configured as three 3BR/1BA units with nine furnished rentable rooms for PadSplit-style operations. Seller reports more than $120,000 in prior improvements, including kitchens, baths, flooring, windows, plumbing, electrical and lighting. Features include separate entrances, coded access and full-size laundry. Seller's October 7 rent report lists five occupied rooms at $805 per month each, totaling $4,025 in scheduled monthly rent; current occupancy and collections require verification. Seller reports missing front-house HVAC; installation has not been confirmed. Property and furnishings convey as-is. Buyer to verify all facts, income, expenses, condition, legal unit/room configuration, permits, zoning and PadSplit requirements. See supplements for additional information.

5038 N 18th Avenue, Phoenix
2903 E Wier Avenue, Phoenix
$539,000
6 Beds ⋅ 3 Baths ⋅ 7090141 MLS
Don't miss out on this Well-Maintained Triplex w/ Three Large 2-Bedroom, 1-Bath Units. Each Tenant has their own W/D hookupsl Well Maintained and updated as needed. Each unit has Kitchens Equipped with Range, Refrigerator & Hood Packages. Conveniently located near freeways, shopping, and dining. Ample parking with a convenient layout. The area is growing. Don't miss out!!

2903 E Wier Avenue, Phoenix
443 E 8th Avenue, Mesa
$590,000
6 Beds ⋅ 6 Baths ⋅ 7089273 MLS
Great investment opportunity! This beautiful multi-dwelling property offers the space, versatility, and potential you've been looking for. Conveniently located near restaurants, parks, entertainment, and more. Please do not disturb Tenants. Drive by only until under contract. Don't miss this wonderful gem!

443 E 8th Avenue, Mesa
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
9450 N 17th Avenue, Phoenix
$450,000
3 Beds ⋅ 3 Baths ⋅ 7088947 MLS
Three-unit GATED multifamily property near 17th Ave and Hatcher in Phoenix! Each unit includes a living room, kitchen, 1 bedroom, 1 bathroom, tile/vinyl flooring throughout, ceiling fans, washer/dryer in unit, 1 covered parking spot per unit, and private storage for each unit. All units are individually metered for electric and gas. Tenants also pay a 1/3 share of common-area utility bills. Great location near bus routes, Castles N' Coasters, North Mountain Park, El Rancho Market, Rose Mofford Sports Complex, and HonorHealth!

9450 N 17th Avenue, 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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