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2242 E Taylor Street, Phoenix
$639,000
11 Beds ⋅ 5 Baths ⋅ 7075484 MLS ⋅ ACTIVE Status ⋅ 85006 Zip Code
A five-unit multifamily investment opportunity in the heart of Phoenix, Arizona. Originally constructed in 1944, the asset features a mix of 1, 2, and 3 bedroom floor plans. Each of the units have been updated within the last few years; however, future ownership will have the opportunity to capture additional upside through continued interior and exterior renovations. The asset is situated with convenient access to Downtown Phoenix, Sky Harbor International Airport, and major transportation corridors including Loop 202 and I-10. The current cap rate is 7.15% and the seller would be open to carrying with 40% down. An offering memorandum including additional photos is available upon request.

2242 E Taylor Street, Phoenix

510 N 23rd Street Unit 35, Phoenix
$195,000
7033415 MLS ⋅ ACTIVE Status ⋅ 0.11 Acres ⋅ 85006 Zip Code
510 N 23rd St offers a prime opportunity to build in Phoenix's rapidly growing Edison-Eastlake revitalization area. Situated minutes from the PHX Biomedical Campus and major freeways, this high-demand infill location provides exceptional access to urban employment hubs, downtown dining, and recreational spaces. GROWTH MARKET: Surrounded by high-density redevelopment driving rental demand. UNRIVALED ACCESS: Minutes from I-10 and SR-51 for rapid commutes. CULTURE & OUTDOORS: Near Chase Field, Papago Park, and Camelback Mountain. INVESTMENT POTENTIAL: Capitalize on sustained, strong appreciation in the 85006 ZIP Code. FLEXIBLE TERMS: This is a lender-owned property priced strictly as-is. The owner is also open to contributing the land to a joint venture project.

510 N 23rd Street Unit 35, Phoenix

2238 E Taylor Street, Phoenix
$1,385,000
10 Beds ⋅ 100 Baths ⋅ 6989939 MLS ⋅ ACTIVE Status ⋅ 85006 Zip Code
East Taylor is a 10-unit, garden-style multifamily community located in the urban core of Phoenix. Built in 1943, the property consists entirely of one-bedroom/one-bath units with durable tile or vinyl flooring and has benefited from ongoing capital improvements. The asset offers clear value-add potential through interior modernization, addition of private yard spaces, and covered parking to support rent growth. Amenities include gated access, on-site laundry, and off-street parking. Positioned near Phoenix Sky Harbor International Airport, Valley Metro Rail, and Valleywise Health Medical Center, the property benefits from strong workforce housing demand. Located within a designated Opportunity Zone, it presents both income growth and long-term tax advantages.

2238 E Taylor 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.