Excellent investment opportunity in the heart of Phoenix! This centrally located triplex offers strong rental appeal and immediate income potential, as all units are currently fully leased. The property features two units with 2 bedrooms and 1 bathroom, plus a spacious third unit offering 3 bedrooms and 2 bathrooms —… Read More ideal for attracting a variety of tenants.
Each unit has been thoughtfully updated with modern finishes, including wood-look flooring, neutral color palettes, recessed lighting, and stylish kitchens complete with white shaker cabinetry, quartz countertops, stainless steel appliances, and tile backsplash. Residents enjoy private covered patios, front turf areas, and the convenience of in-unit washer and dryer — features that enhance tenant satisfaction and retention. Situated near major freeways, downtown Phoenix, Chase Field, ASU, Phoenix Children's Hospital, shopping, dining, and public transportation, this property offers both convenience and long-term desirability. Easy to manage and located in a high-demand rental corridor, this is an ideal addition to any investment portfolio.
Don't miss this opportunity to own a well-maintained multi-family property in a prime central location! Read Less
Built in 1961, 1 building, Construction Materials: Painted, Block
Community
No Pool
Cooling
Ceiling Fan(s), Electric
Disclosures
Seller Prop Disc Stm
Expenses
Operating: $1,247
Floors
Ceramic Tile
Heating
Electric
Income
Gross Income: $62,520, Gross ScheduledIncome: $62,520, Net Operating Income: $61,273
Lot
Dimensions: 8468
Parking
5 open parking spaces, 5 total parking spaces, Paved, On Street
Roof
Composition
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 117-06-112-A, Public Survey Range: 3E, Public Survey Section: 34, Annual Amount: $1,247, Tax Book Number: 117.00, Legal Description: E 130F NE4 NE4 SE4 NW4 EX N 160F & EX W 50F OF S 140F OF E 130F & EX S & E 25F RDS, Lot: 123, Parcel Letter: A, Year: 2025, Zoning: 0
Utilities
Water Source: City Franchise, APS
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