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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.

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

$749,000

Experience modern living in this innovative 2024 duplex, crafted from high-quality shipping containers. This home is currently a short-term rental. Income docs are available. Its sleek industrial charm merges with contemporary aesthetics, boasting 3 bedrooms, 2.5 bathrooms, and 1442 sq ft per unit. Enjoy engineered wood floors, fully spray-insulated walls, and a spacious layout spread over two stories. The open-plan first floor seamlessly integrates the living area and kitchen, while upstairs, three generously sized bedrooms and two bathrooms are flooded with natural light. Outside, landscaped grounds offer ample space for Arizona outdoor living. This eco-friendly property pioneers sustainable design, offering a unique opportunity to embrace the future of residential living.

6 Beds ⋅ 6 Baths ⋅ 7022329 MLS

Experience modern living in this innovative 2024 duplex, crafted from high-quality shipping containers. This home is currently a short-term rental. Income docs are available. Its sleek industrial charm merges with contemporary aesthetics, boasting 3 bedrooms, 2.5 bathrooms, and 1442 sq ft per unit. Enjoy engineered wood floors, fully spray-insulated walls, and a spacious layout spread over two stories. The open-plan first floor seamlessly integrates the living area and kitchen, while upstairs, three generously sized bedrooms and two bathrooms are flooded with natural light. Outside, landscaped grounds offer ample space for Arizona outdoor living. This eco-friendly property pioneers sustainable design, offering a unique opportunity to embrace the future of residential living.

9624 N 16th Avenue, Phoenix

$860,000

Rare opportunity to acquire an individually parceled multifamily asset in the desirable Holiday Park neighborhood of Scottsdale. 3325 N 66th Street offers investors unmatched flexibility with the ability to sell units individually, operate as rentals, or pursue a condo conversion strategy. The property features well-designed units with strong rental demand driven by its proximity to Old Town, premier dining, shopping, and entertainment. Value-add potential exists through interior upgrades and rent growth. Located in a high-demand rental corridor with strong fundamentals, this asset is ideal for investors seeking multiple exit strategies and long-term appreciation.

5 Beds ⋅ 10 Baths ⋅ 7014570 MLS

Rare opportunity to acquire an individually parceled multifamily asset in the desirable Holiday Park neighborhood of Scottsdale. 3325 N 66th Street offers investors unmatched flexibility with the ability to sell units individually, operate as rentals, or pursue a condo conversion strategy. The property features well-designed units with strong rental demand driven by its proximity to Old Town, premier dining, shopping, and entertainment. Value-add potential exists through interior upgrades and rent growth. Located in a high-demand rental corridor with strong fundamentals, this asset is ideal for investors seeking multiple exit strategies and long-term appreciation.

3325 N 66th Street, Scottsdale

$860,000

Rare opportunity to acquire an individually parceled multifamily asset in the desirable Holiday Park neighborhood of Scottsdale. 3331 N 66th Street offers investors unmatched flexibility with the ability to sell units individually, operate as rentals, or pursue a condo conversion strategy. The property features well-designed units with strong rental demand driven by its proximity to Old Town, premier dining, shopping, and entertainment. Value-add potential exists through interior upgrades and rent growth. Located in a high-demand rental corridor with strong fundamentals, this asset is ideal for investors seeking multiple exit strategies and long-term appreciation.

5 Beds ⋅ 10 Baths ⋅ 7014568 MLS

Rare opportunity to acquire an individually parceled multifamily asset in the desirable Holiday Park neighborhood of Scottsdale. 3331 N 66th Street offers investors unmatched flexibility with the ability to sell units individually, operate as rentals, or pursue a condo conversion strategy. The property features well-designed units with strong rental demand driven by its proximity to Old Town, premier dining, shopping, and entertainment. Value-add potential exists through interior upgrades and rent growth. Located in a high-demand rental corridor with strong fundamentals, this asset is ideal for investors seeking multiple exit strategies and long-term appreciation.

3331 N 66th Street, Scottsdale

$840,000

Prime multifamily investment opportunity in Scottsdale 85251 in the highly desirable Holiday Park area near Old Town Scottsdale. 3313 N 66th St is a well-located 4-unit property featuring a strong mix of units (buyer verify exact configuration). The property offers approximately 3,000 SF of building space on an 8,000 SF individually parceled lot with covered parking and on-site laundry. Located directly across from Paiute Park, the asset benefits from strong tenant demand, walkability, and proximity to dining, shopping, entertainment, and major employment centers. Stable in-place tenancy with long-term upside through interior upgrades and rent repositioning. Ideal value-add opportunity in a high-demand Scottsdale rental corridor offering both cash flow and long-term appreciation potentials

7014561 MLS

Prime multifamily investment opportunity in Scottsdale 85251 in the highly desirable Holiday Park area near Old Town Scottsdale. 3313 N 66th St is a well-located 4-unit property featuring a strong mix of units (buyer verify exact configuration). The property offers approximately 3,000 SF of building space on an 8,000 SF individually parceled lot with covered parking and on-site laundry. Located directly across from Paiute Park, the asset benefits from strong tenant demand, walkability, and proximity to dining, shopping, entertainment, and major employment centers. Stable in-place tenancy with long-term upside through interior upgrades and rent repositioning. Ideal value-add opportunity in a high-demand Scottsdale rental corridor offering both cash flow and long-term appreciation potentials

3313 N 66th Street, Scottsdale

$489,000

This 3-unit garden-style property, built in 1986, features three large 3-bedroom / 1-bath units with 980 sqft of living space each. Select units have been upgraded, but the property offers a strong value-add opportunity through both interior and exterior renovations. Each unit is equipped with its own washer and dryer, and the property is individually metered for electricity.

9 Beds ⋅ 3 Baths ⋅ 7013922 MLS

This 3-unit garden-style property, built in 1986, features three large 3-bedroom / 1-bath units with 980 sqft of living space each. Select units have been upgraded, but the property offers a strong value-add opportunity through both interior and exterior renovations. Each unit is equipped with its own washer and dryer, and the property is individually metered for electricity.

3105 W Madison Street, Phoenix

$1,699,000

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.

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

$625,000

Located in the heart of downtown Phoenix, 215 N 12th Ave offers a prime value-add opportunity in the sought-after 85007 corridor. The front building is currently occupied by tenants--please do not disturb--providing immediate income while you plan your improvements. The rear structure is approximately 50% complete, giving investors or builders a strong foundation to finish and customize. With flexible spaces, original character, and significant upside potential, this property sits near Roosevelt Row, dining, arts, and major employers. Ideal for those seeking a project with built-in cash flow in a rapidly developing urban neighborhood.

6 Beds ⋅ 6993030 MLS

Located in the heart of downtown Phoenix, 215 N 12th Ave offers a prime value-add opportunity in the sought-after 85007 corridor. The front building is currently occupied by tenants--please do not disturb--providing immediate income while you plan your improvements. The rear structure is approximately 50% complete, giving investors or builders a strong foundation to finish and customize. With flexible spaces, original character, and significant upside potential, this property sits near Roosevelt Row, dining, arts, and major employers. Ideal for those seeking a project with built-in cash flow in a rapidly developing urban neighborhood.

215 N 12th Avenue, Phoenix

$1,450,000

AMAZING INVESTMENT OPPORTUNITY!! This Brand New 4-Plex is in a brand new community. Close to the 202, this new community offers a beautiful common area, dog park, pickle-ball court, and more! Seller is offering a closing cost incentive as well! These wont last long! Starting at $1.5m!

12 Beds ⋅ 12 Baths ⋅ 6967134 MLS

AMAZING INVESTMENT OPPORTUNITY!! This Brand New 4-Plex is in a brand new community. Close to the 202, this new community offers a beautiful common area, dog park, pickle-ball court, and more! Seller is offering a closing cost incentive as well! These wont last long! Starting at $1.5m!

8232 E University Drive, Mesa

$3,300,000

Hazelwood Apartments is a 24-unit garden-style community built in 1985 in Central Phoenix, featuring (8) one-bedroom and (16) two-bedroom units, all individually metered for electricity. Amenities include on-site laundry and 34 parking spaces. Twenty-five percent of the units are subject to a HUD LURA through 2030, requiring income-qualified tenants and restricted rents, while the remaining units operate at market rates. Located near the light rail corridor, GCU, and major employment centers, the property benefits from infill development and strong rental demand. Light value-add potential exists through interior upgrades, enhanced curb appeal, and modernization of common areas, supporting long-term stability and operational upside.

40 Beds ⋅ 24 Baths ⋅ 6955610 MLS

Hazelwood Apartments is a 24-unit garden-style community built in 1985 in Central Phoenix, featuring (8) one-bedroom and (16) two-bedroom units, all individually metered for electricity. Amenities include on-site laundry and 34 parking spaces. Twenty-five percent of the units are subject to a HUD LURA through 2030, requiring income-qualified tenants and restricted rents, while the remaining units operate at market rates. Located near the light rail corridor, GCU, and major employment centers, the property benefits from infill development and strong rental demand. Light value-add potential exists through interior upgrades, enhanced curb appeal, and modernization of common areas, supporting long-term stability and operational upside.

2234 W Hazelwood Street, Phoenix

$2,999,000

Discover an unparalleled opportunity in the heart of Midtown Phoenix's Melrose District with this extraordinary 2.43-acre parcel of land, presenting a prime multifamily builder opportunity. Boasting approved plans for a 39-unit condominium/apartment building, this property is poised for immediate development. Special financing terms make this venture even more enticing, and with a remarkable 83 Walk Score, future residents will enjoy convenient access to a plethora of amenities. Don't miss out on this chance to shape the landscape of the vibrant Melrose District. Inquire about special seller financing! This is a rare and promising investment opportunity that awaits your vision and creativity.

6886048 MLS

Discover an unparalleled opportunity in the heart of Midtown Phoenix's Melrose District with this extraordinary 2.43-acre parcel of land, presenting a prime multifamily builder opportunity. Boasting approved plans for a 39-unit condominium/apartment building, this property is poised for immediate development. Special financing terms make this venture even more enticing, and with a remarkable 83 Walk Score, future residents will enjoy convenient access to a plethora of amenities. Don't miss out on this chance to shape the landscape of the vibrant Melrose District. Inquire about special seller financing! This is a rare and promising investment opportunity that awaits your vision and creativity.

519 W Glenrosa Avenue, Phoenix

$2,100,000

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.

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

$1,610,000

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.

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

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