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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

1106 N Center Street, Mesa
$899,800
7087998 MLS ⋅ 994 SqFt.
GREAT OPPORTUNITY TO OWN A HUGE PARCEL OF LAND LOCATED ON THE NWC CORNER OF BROWN RD & CENTER ST IN MESA. CURRENT USE OF 25 PERCENT OF THIS HUGE CORNER PARCEL IS AN EXISTING RESTAURANT THAT HAS BEEN COMPLETELY REMOVATED IN 2025 (PLEASE SEE DOCUMENTS FOR $146,796 IN RENOVATION EXPENSES) THIS IS A MULTI-USE PARCEL WITH HUGE POTENTIAL THAT IS CURRENTLY ZONED COMMERCIAL OFFICE USE BY CITY OF MESA). THE TOTAL PARCEL SIZE IS 35,755 SQ FT ON CORNER LOT. THE SELLER HAS RECENTLY INVESTED APPROX. 150K INTO THE BUILDING STRUCTURE THAT CAN BE A RESTARAUNT, COUNTRY STORE, RESIDENCE, OFFICE SPACE, OR 4-PLEX. OR DEMOLISHED COMPLETELY TO BUILD A NEW AND BIGGER RETAIL, OFFICE, RESIDENTAIL, COMMERCIAL, OR INDUSTRIAL STRUCTURE OR MULTIPLE STRUCTURES.

1106 N Center Street, Mesa

1334 E Flower Street, Phoenix
$1,115,000
6 Beds ⋅ 4 Baths ⋅ 7087259 MLS
RARE HISTORIC PHOENIX ESTATE with THREE SEPARATE HOMES on one expansive property! Assumable VA loan at 2.875%, approx. $750k balance! This Pueblo Revival gem offers 3,666 SF of total livable space. The main residence features 3 beds, 2 baths + office (2,274 SF), plus TWO private casitas: a newly built 1 bed/1 bath (496 SF) and a 2 bed/1 bath (896 SF). Each residence has dedicated parking, fenced yard + laundry--ideal for multigenerational living, guests or rental income. Historic charm shines through Saltillo tile, wood floors, fireplace + soaring cove ceilings, while the remodeled kitchen adds modern functionality and timeless charm. Private courtyards, covered patios + sparkling pool complete this truly one-of-a-kind Phoenix property!

1334 E Flower Street, Phoenix

120 S Lebaron -- Unit 1, Mesa
$439,900
4 Beds ⋅ 3 Baths ⋅ 7084014 MLS
Two on LeBaron is a charming and highly desirable duplex opportunity featuring two unique, spacious units, each offering its own private backyard and in-unit washer and dryer. The front residence is a very large 3-bedroom, 1-bathroom home with an inviting layout and generous living space. The oversized floor plan provides excellent functionality for a family or long-term tenant seeking more room than a typical duplex unit. The rear residence is a large, open-concept studio with a cozy fireplace, creating a warm and distinctive living environment. Its spacious design offers flexibility and a character that sets it apart from traditional studio units. The front residence is a very large 3-bedroom, 1-bathroom home with an inviting layout and generous living space. The oversized floor plan provides excellent functionality for a family or long-term tenant seeking more room than a typical duplex unit. The rear residence is a large, open-concept studio with a cozy fireplace, creating a warm and distinctive living environment. Its spacious design offers flexibility and a character that sets it apart from traditional studio units. Property Highlights Duplex | 2 separate residences Front Unit: Very large 3-bedroom / 1.5-bathroom $1,750 currently rented Rear Unit: Spacious open-concept studio with fireplace $1,000 currently rented Private backyard for each unit Washer & dryer in each unit Unique layouts with strong tenant appeal Excellent opportunity for an owner-occupant or investor Potential for strong rental demand and income diversification Separately usable outdoor spaces enhance privacy and livability Investment Opportunity Two on LeBaron offers investors the opportunity to own a well-positioned, income-producing duplex with two distinctly appealing residences. The combination of a large 3-bedroom home and a spacious studio creates a diversified rental profile, while the private yards and in-unit laundry provide amenities that are highly desirable to today's tenants. The property also presents an attractive house-hacking opportunity, allowing an owner to live in one unit while generating rental income from the other. With its combination of space, privacy, character, and functional amenities, Two on LeBaron is an excellent opportunity for investors seeking a smaller multifamily asset with multiple potential strategies for maximizing value and long-term returns.

120 S Lebaron -- Unit 1, Mesa

2444 E Willetta Street Unit 3, Phoenix
$695,000
6 Beds ⋅ 6 Baths ⋅ 7082358 MLS
Four at Willetta is a stabilized, garden-style four-unit multifamily asset located in the highly desirable Biltmore/Arcadia corridor of Phoenix, Arizona. Constructed in the 1980s, the property offers a functional unit mix of two two-bedroom/one-bath units and two one-bedroom/one-bath units, catering to a broad tenant base in a high-demand rental submarket. The property has maintained 100% occupancy for nearly a decade, supported by long-term tenancy and consistent rental demand. Current in-place rents range from $1,100 to $1,350, presenting a clear value-add opportunity as market rents in the immediate area range from approximately $1,200 to $1,450. A new owner has the ability to implement a measured rental repositioning strategy to capture upside while maintaining occupancy stability. Each unit is equipped with central air conditioning, tile flooring, or laminate and white cabinetry, stainless steal appliances, and all units feature private backyard spaces--an amenity that differentiates the asset from competing properties and supports tenant retention. The property has undergone recent exterior capital improvements, including new paint, upgraded fencing and gates, modernized entry doors, enhanced lighting, and refreshed landscaping. All facts and figures are approximate buyer verify MLS info Owner Broker

2444 E Willetta Street Unit 3, Phoenix

14422 N Sherwood Drive, Fountain Hills
$790,000
6 Beds ⋅ 4 Baths ⋅ 7082277 MLS
RARE DUPLEX INVESTMENT OPPORTUNITY in Fountain Hills. This duplex sits in one of the Valley's most sought after communities, offering two single family style units, each with 3 bedrooms, 2 bathrooms and a private 2 car garaage with direct entry. No shared walls to climb over, no stairs to navigate. A private patio connects the two units. The property is set against mature, established landscaping, while soaring 12' plus ceilings and single level living make both units feel spacious. This is a chance to own a property in a town know for its walkability. Just steps from the iconic Fountain Hills fountain, the Avenue's shops and restaurants, and the community park. A smart addition to any investment portfolio.

14422 N Sherwood Drive, Fountain Hills

4132 N 11th Street, Phoenix
$765,000
5 Beds ⋅ 3 Baths ⋅ 7079145 MLS
Rare opportunity to own a newly built, permitted duplex completed in 2025, offering immediate turnkey rental income with furnished tenants secured through August 2027. The property totals approximately 1,947 sq ft and includes a 1,102 sq ft main residence plus a separately metered 845 sq ft second unit. The main unit features 2 bedrooms and is leased for $2,300/month, while the second unit offers 3 bedrooms and is leased for $2,820/month, generating a combined $5,120/month in rental income. Both units feature modern finishes, private yards, dedicated parking for two vehicles, and low-maintenance designs. Separate electric meters provide convenient utility separation between units. Ideally located near Downtown Phoenix, major hospitals, employment centers, shopping, dining, and major freeway access, this property offers excellent convenience for tenants and strong appeal for investors. A unique opportunity to acquire a 2025-built duplex with established rental income, modern construction, separate utilities, and minimal maintenance requirements. Whether you're looking for a turnkey investment or a property with flexible living and income potential, this duplex is ready to perform. Newly constructed duplex with identical property features and similar leases available for sale next door, 4136 N 11th St.

4132 N 11th Street, Phoenix

610 E Roosevelt Street Unit 140, Phoenix
$899,500
7075679 MLS ⋅ 1,750 SqFt.
Exceptional owner-user and investment opportunity on Roosevelt Row in Downtown Phoenix's vibrant Arts District. This single mixed-use property pairs a street-level storefront, currently operating as a quick-service restaurant, with residential space on both levels. Operate your business and live on-site, occupy one portion and lease the other, or lease both for income potential. Explore food service, retail, salon, office, gallery, studio uses and more. First-floor living space includes a bedroom and bathroom; upstairs offers an updated kitchen, living room, bedroom, bathroom and walk-out deck. Bonus features offer a 2-car garage and community pool. Proximity to dining, shopping and downtown events enhance the appeal of this flexible live/work asset.

610 E Roosevelt Street Unit 140, Phoenix

1513 W Taylor Street Unit A and B, Phoenix
$349,900
2 Beds ⋅ 2 Baths ⋅ 7069355 MLS
Excellent multifamily opportunity in the Oakland Historic District near Downtown Phoenix. This duplex features two 1 bedroom / 1 bathroom units, each offering 525 square feet with hardwood floors and functional living space. Both units include their own washer and dryer on separate sides of the building, providing added convenience for residents. The property is fully fenced with parking inside the fencing and sits on a generous 6,375 square foot lot with a large backyard. Additional property features include individually metered electricity, concrete tilt-up frame construction, and R-5 zoning with county multifamily high-density zoning. Conveniently located near Downtown Phoenix, ASU Downtown, light rail, and area amenities, this property offers strong rental appeal and excellent long term investment potential.

1513 W Taylor Street Unit A and B, Phoenix

954 W Mohave Street, Phoenix
$199,999
8 Beds ⋅ 7 Baths ⋅ 7064950 MLS
Excellent redevelopment opportunity with plans and permits already approved and paid for. BOTH PARCELS INCLUDED, PLEASE READ. This project consists of a full remodel and renovation of the existing properties at 948 and 954 W Mohave St. The approved plans convert the 948 property into a functional duplex consisting of two 2-bedroom, 2-bathroom units, while the 954 property is designed as a fully renovated 4-bedroom, 3-bathroom single-family home. Permits are approved and paid for, allowing the buyer to take over and complete the project. Property is currently boarded by the City of Phoenix and access is limited. Buyer to verify all facts, figures, plans, permits, square footage, and intended use. Approved permits and plans are available in the Documents tab.

954 W Mohave Street, Phoenix

2323 S Airport Boulevard Unit AF1, Chandler
$795,000
7061841 MLS ⋅ 3,000 SqFt.
60' x 50' hangar leasehold at Chandler Airport, easily accommodates a light jet, helicopter, and additional toys with room to spare. Commercial aviation operations allowed. 59' wide hangar door offers generous clearance for a range of aircraft. Sealed concrete floors throughout. Fully insulated with spray foam for temperature control, two big ass fans, and a high-volume exhaust fan that automatically vents hot air in the early morning hours to keep the space comfortable. Leasehold interest with a current term running through 2043, with possibility of a 20-year extension. Buyer to verify all lease terms, transfer requirements, and extension eligibility. Water and electricity are paid through the governing association.

2323 S Airport Boulevard Unit AF1, Chandler

8939 N 8th Street, Phoenix
$1,550,000
10 Beds ⋅ 8 Baths ⋅ 7061722 MLS
Eight-unit Phoenix multifamily investment under one Absolute NNN master lease. Offered at $1,625,000 with current Year-2 base rent and NOI of $127,200, a 8.21% cap rate. Six 1BR and two 2BR units across three buildings. Tenant pays taxes, insurance, utilities and operating expenses. Lease runs through 8/31/2030 with $100 monthly base-rent increases at each remaining lease-year anniversary, two five-year options, a personal guarantee and first right of refusal. Interior renovations, gated courtyard, on-site laundry and three storage rooms enhance the property. No seller financing. Do not disturb tenants. Buyer to verify all information. Acquire eight residences supported by a single Absolute NNN master lease in Phoenix's Sunnyslope/North Mountain area. The property includes six one-bedroom/one-bath units and two two-bedroom/one-bath units in three one-story buildings. Reported building area is approximately 4,461 SF on approximately 14,257 SF of land. The initial lease began September 1, 2025 and expires August 31, 2030. Current Year-2 base rent, effective September 1, 2026, is $10,600 monthly or $127,200 annually. Annual NNN reimbursements total $12,577.32, comprising $4,040.40 for taxes and $8,536.92 for insurance. Total annual rent plus reimbursements is $139,777.32. Matching reimbursed expenses are $12,577.32, leaving $127,200 NOI and a 8.21% cap rate at the $1,550,000 asking price. These are annualized current lease-year figures. Monthly base rent increases to $10,700 on September 1, 2027, $10,800 on September 1, 2028 and $10,900 on September 1, 2029. Year-5 annual base rent is $130,800. cap rate at the current asking price under the stated NNN structure. Two five-year renewal options, a personal guarantee and a first right of refusal are reported. Renewal options are not exercised lease terms. Features include extensive 2024 interior renovations, tenant-funded exterior paint and landscaping, gated access, a privacy wall, paver courtyard, an on-site laundry room and three storage rooms. Nearby services include healthcare, public transportation, shopping and North Mountain recreation. Seller financing is not available. Please do not disturb residents. Complete tenant leases are provided only after the property is under contract to protect tenant privacy. Disclaimer: Information is believed reliable but is not guaranteed. Buyer must independently verify all facts, figures, income, expenses, leases, occupancy, measurements, condition, zoning and permitted uses. Pro forma rents, returns and financing illustrations are estimates, not guarantees. Offering is subject to errors, omissions, prior sale, changes in price or terms and withdrawal without notice.

8939 N 8th Street, Phoenix

1101 E Roosevelt Street, Phoenix
$749,999
7 Beds ⋅ 4 Baths ⋅ 7057876 MLS
PRICE IMPROVEMENT Motivated Seller Great investment opportunity! This fully renovated triplex features two 2-bedroom, 1-bath units and one 3-bedroom, 2-bath unit. All units were updated in 2025 with new flooring, cabinets, countertops, white appliances, bathrooms, and lighting fixtures. All three units are tenant occupied and producing income, making this a turnkey investment. One of the tenants are Section 8 tenants, providing reliable rental income. The property features low-maintenance landscaping, ample private parking, and separately metered electric for each unit. Located on R-5 zoning and registered as a multifamily parcel, this property is separately parceled as a triplex, allowing for residential financing. An excellent opportunity for investors seeking a renovated, cash-flowing property in Phoenix

1101 E Roosevelt Street, Phoenix

14301 N 4th Avenue, El Mirage
$425,000
4 Beds ⋅ 7047471 MLS
DUPLEX property on MF zoned quarter acres of land. Great investment for income or multigenerational living in private apartment. GREAT potential for first time investor to live in one unit and rent out the other to cover your mortgage. FHA financing appears to be available (subject to verification / approval). You can also utilize local/state down payment and closing cost assistance programs. Owner is installing new cabinets, new flooring, new electrical panel, new paint, new bath fixtures, new plumbing fixtures for worry free rental property or your new home with income potential or family living next door. HUD FMR rents for Section 8 are per unit. Owner is general contractor and can customize or add additional units to make it two 3/2 units for additional cost.

14301 N 4th Avenue, El Mirage

4131 E University Drive, Phoenix
$850,000
7040789 MLS ⋅ 4,938 SqFt.
Well-located light industrial property featuring a 4,920 sq ft single-story warehouse building originally constructed in 1970. The building includes masonry block and corrugated steel construction on a reinforced concrete foundation, a 14-foot clear ceiling height, one roll-up door, a small finished office area, and one restroom. There is also a small unfinished storage mezzanine. The property sits on a 0.183-acre lot (7,980 sq ft) and is zoned A-1 Light Industrial by the City of Phoenix. The site offers ample parking in the front along with an additional paved area. DO NOT DISTURB THE CURRENT TENANT. Drive-by only. The property is listed well under the appraised value of $1,023,000 to account for repairs needed.

4131 E University Drive, Phoenix

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