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$1,109,998
8 Beds ⋅ 8 Baths ⋅ 7025359 MLS ⋅ ACTIVE Status ⋅ 85009 Zip Code
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

$379,999
3 Beds ⋅ 2 Baths ⋅ 6987527 MLS ⋅ ACTIVE Status ⋅ 0.11 Acres ⋅ 85009 Zip Code ⋅ 1,448 SqFt.
Welcome to your new chapter in this lovely 3-bedroom home! Great curb appeal, featuring a manicured landscape and a 2-car garage. Inside, you'll find a spacious and comfortable layout perfect for entertaining and relaxation, complete with tile flooring, vaulted ceilings promoting an airy feel, plenty of natural light, and neutral paint. Prepare delicious meals in the pristine kitchen, equipped with plentiful storage cabinetry, tile backsplash, granite countertops, and stainless steel appliances. Get a good night's rest in the main retreat, offering a private bathroom for added convenience. Out back, you'll have ample sitting space with well-laid pavers, perfect for gatherings with your loved ones and relaxing evenings. What's not to love? Check it out now!

832 S 31st Ave Avenue, Phoenix

$455,000
4 Beds ⋅ 3 Baths ⋅ 6982916 MLS ⋅ ACTIVE Status ⋅ 0.16 Acres ⋅ 85009 Zip Code ⋅ 1,593 SqFt.
zoning allows for 5 units. beautifully updated.move in ready.owner/agent has never occupied property.no spds/clue available.lots of prking at the front,rear,& side street.owner/agent is an az active licensed realtor/bldr.iron gate with code lock and iron automobile gate w/remote. All new appliances from spencers.reverse osmosis water,all new plumbing fixtures, outlets,and light fixtures. All new Ring security system included. All new flooring.Can add a larger elect alley access gate,exist manual alley gate. Self contained detached 240 sf studio in the backyard.new cabs/quartz cntrtps. Sold in as is condition. Currently, rented at $2150 per month. 12 month lease. Tenant pays all utilities.must honor exist tenants lease until feb 2027

2002 W Adams Street, Phoenix

$297,500
3 Beds ⋅ 2 Baths ⋅ 6968847 MLS ⋅ ACTIVE Status ⋅ 0.15 Acres ⋅ 85009 Zip Code ⋅ 1,280 SqFt.
Energy-efficient nostalgic beauty is ready to move in! This home was highly upgraded in 2020 with an open floor displaying clean lines & a sleek design promoting a modern feel. Soft paint, wood-look plank flooring, and dual pane windows are found throughout. The large living room merges into the eat-in kitchen, providing a greater traffic flow for easy entertaining. Outfitted with white wood cabinets, mosaic tile backsplash, granite counters, and SS steel appliances, the kitchen is ready for a cuisine enthusiast. The primary bedroom hosts a spacious bathroom with two sinks & a tiled shower. The large backyard is a blank canvas waiting for its new owner's creativity to transform into a desert oasis. Close to restaurants, stores, and a short commute to Downtown Phoenix. Go see today!

914 S 30th Drive, Phoenix

$354,900
3 Beds ⋅ 1 Baths ⋅ 6965482 MLS ⋅ ACTIVE Status ⋅ 0.18 Acres ⋅ 85009 Zip Code ⋅ 950 SqFt.
Charming, fully remodeled mid-century block home in a desirable, established Phoenix neighborhood! Ideally located within walking distance to shopping, grocery stores, dining, and schools, with an easy commute to downtown Phoenix, Sky Harbor, and Encanto Golf Course. This single-level home sits on a large lot and features exposed beams, abundant natural light, updated flooring, and fresh neutral paint. The modern kitchen offers sleek cabinetry, granite countertops, stainless steel appliances, and a gas range. Updates include new windows, doors, electrical panels, bathrooms, and interior finishes. Enjoy a spacious backyard with low-maintenance landscaping, turf and rock, a covered patio, extra storage sheds, and a cooled shop with laundry.

2205 W Cambridge Avenue, Phoenix

$3,050,000
6920943 MLS ⋅ ACTIVE Status ⋅ 1.6 Acres ⋅ 85009 Zip Code ⋅ 18,867 SqFt.
Located near Grand, I17, & I10. Zoned I-1, Over 1 1/2 acres. 5 structures: block wall building, wood/steel- back buildings. 3 lrg Covered stalls w/3 phase Air, Water, Power, & Gas. Interior gated yard area S side & N side of middle buildings. Perfect for warehousing, manufacturing, industrial, as well as retail offices incldng restaurant/bar w/plenty parking front & back. Back gated w 2 large roller gates. NEWER ROOF, NEWER AC units. Front bldg set up currently for gray scale space w/bathrooms, 2 sep offices, & end unit auto/ mechanic area w 1 bay & garage, yard, large warehouse w loft offices/storage. Back building w/4 large bays, 2 story building w/office. All equip w/bathrooms, sep power met & AC, water usage meter- rest/bar. Property will be cleared before buyers possession.

2026 N 27th Avenue, Phoenix

$849,900
20 Beds ⋅ 20 Baths ⋅ 6785949 MLS ⋅ ACTIVE Status ⋅ 85009 Zip Code
EXCEPTIONAL INVESTMENT OPPORTUNITY IN PRIME LOCATION! This 17-21 unit, two-story property, built in 1952, offers an outstanding value-add opportunity for savvy investors. The unit mix includes 17 studio apartments, a manager's quarters, and a front office. With interiors currently vacant and ready for renovation, this property is a blank canvas awaiting your vision. PRIME LOCATION ADVANTAGES: Strategic Access: Situated near US 60/Grand Avenue with easy connections to I-10, I-17, and Loop 202 for seamless commutes across the city. FUTURE GROWTH POTENTIAL: A planned light rail extension along Van Buren will place this property in a key transit-oriented area, enhancing accessibility and desirability. CONVENIENT PROXIMITY:Located just one mile west of downtown Phoenix and minutes from Phoenix Sky Harbor Airport, this property is ideally positioned for tenants seeking urban convenience. While the property requires a full remodel to address deferred maintenance, its competitive list price reflects its incredible upside potential. This is your chance to reimagine and revitalize a property in a thriving area with high rental demand. Visualize the Potential: To help showcase the property's possibilities, the listing may include virtually renovated photos, giving you a glimpse into how this space can be transformed into a modern, income-generating asset. Don't let this rare investment opportunity slip awayact quickly, as it won't last long!

1945 W Van Buren Street, Phoenix

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.