Phoenix Homes with Open Parking Features

hree at Taylor Located in the heart of the rapidly revitalizing Phoenix, this well-positioned triplex offers an exceptional opportunity for both investors and owner-occupants seeking strong rental demand and long-term appreciation. Situated in the desirable Garfield Historic District area, the property benefits from its proximity to downtown employment hubs, dining, arts, and entertainment. The property features one 2 bedroom and two 1 bedroom units , providing diversified income potential in one of Phoenix's most active rental corridors. Tenants enjoy convenient access to Arizona State University's downtown campus, major medical centers including Banner - University Medical Center Phoenix, and cultural attractions such as the Phoenix Art Museum. Commuting is seamless with nearby acces to the Valley Metro Light Rail, connecting residents throughout the metro area. Currently rented below markets at $925, $950 & one vacant unit Market rents are $1,050 to $1,250 Each unit offers functional layouts with comfortable living spaces, remodeled making the property attractive for long-term tenants or potential short-term rental strategies where permitted. The central location places residents minutes from downtown Phoenix restaurants, nightlife, and employment centers while maintaining the neighborhood charm of one of the city's most established districts. Whether you're expanding a rental portfolio or seeking a property with strong income potential in a high-growth urban market, this triplex presents a compelling opportunity in one of Phoenix's most desirable investment corridors. All facts and figures are approximate buyer verify MLS information

2142 E Taylor Street Unit 1, Phoenix

$715,000

7058179 MLS

Fully renovated, income-producing three-unit investment property located at 5038 N 18th Avenue in Phoenix, just one block from the Valley Metro light rail. The property consists of a 899-square-foot main house and a 1,377-square-foot duplex, providing approximately 2,276 total square feet across three units. The property has undergone an extensive capital improvement and rehabilitation program, including new luxury vinyl plank flooring, modern baseboards, white vinyl windows, interior and exterior paint, remodeled kitchens with white shaker cabinets, quartz countertops and stainless-steel appliances, updated bathrooms, new plumbing fixtures, electrical upgrades, recessed lighting, ceiling fans, coded entry hardware, Wi-Fi-SEE THE SUPPLIMENT FOR MUCH MORE INFORMATION Fully renovated, income-producing three-unit investment property located at 5038 N 18th Avenue in Phoenix, just one block from the Valley Metro light rail. The property consists of a 899-square-foot main house and a 1,377-square-foot duplex, providing approximately 2,276 total square feet across three units. The property has undergone an extensive capital improvement and rehabilitation program, including new luxury vinyl plank flooring, modern baseboards, white vinyl windows, interior and exterior paint, remodeled kitchens with white shaker cabinets, quartz countertops and stainless-steel appliances, updated bathrooms, new plumbing fixtures, electrical upgrades, recessed lighting, ceiling fans, coded entry hardware, Wi-Fi-enabled thermostats, laundry improvements, exterior repairs, new landscaping rock and the addition of a third bedroom to each unit. The property will be leased to a single tenant under a new five-year nnn lease, providing the investor with predictable income and minimal ownership responsibilities. The tenant will be responsible for 100% of the property's operating expenses, including real estate taxes, property insurance, utilities, maintenance, repairs and other customary property-related expenses. Initial base rent will be $6,500 per month, or $78,000 annually. Rent will increase by $1,200 annually during each of Years 2, 3, 4 and 5, providing the following scheduled rental income: Year 1:$6,500 per month / $78,000 annually Year 2:$6,600 per month / $79,200 annually Year 3:$6,700 per month / $80,400 annually Year 4:$6,800 per month / $81,600 annually Year 5:$6,900 per month / $82,800 annually This offering provides investors with a newly renovated asset, contractual rental growth, limited landlord obligations and convenient access to public transportation, employment centers, shopping, dining and central Phoenix amenities. Once the lease is fully executed, all lease terms, rental amounts and income figures presented will reflect the final signed lease and will be 100% accurate as of the lease execution date. Buyer to verify all facts and figures. Location 5038 N 18th Avenue is centrally located in Phoenix's established Alhambra neighborhood, just south of Camelback Road. The property offers convenient access to the Camelback Road and 19th Avenue commercial corridors, Interstate 17, Central Phoenix, Midtown, Downtown Phoenix, and Grand Canyon University. A significant location advantage is the property's proximity to the Valley Metro Rail station at 19th Avenue and Camelback Road, approximately 0.2 miles away. Residents can walk to the station and access employment centers, educational institutions, sporting events, entertainment districts, Downtown Phoenix, Phoenix Sky Harbor International Airport connections, and destinations throughout the Valley Metro system. Area Amenities The surrounding neighborhood provides convenient access to grocery stores, restaurants, coffee shops, pharmacies, banks, fitness centers, medical services, schools, and other everyday necessities. The nearby Camelback Road, Bethany Home Road, 19th Avenue, and Central Avenue corridors offer a broad selection of national retailers, locally owned businesses, and neighborhood services. Residents are also within convenient driving or light-rail distance of: * Uptown Plaza and the Central Avenue dining corridor * The Melrose District's restaurants, boutiques, and locally owned businesses * Steele Indian School Park * Encanto Park and Encanto Golf Course * Phoenix College * Grand Canyon University * Downtown Phoenix's business, educational, medical, and cultural districts Entertainment Venues The property's central location provides access to numerous entertainment, cultural, and sporting destinations. Grand Canyon University's main campus is located at 3300 W Camelback Road and offers collegiate sporting events, concerts, theatrical productions, and other community activities. ([Grand Canyon University][2]) Additional destinations accessible by car or light rail include: * GCU Arena * Footprint Center * PHX Arena and Downtown Phoenix sporting events * Arizona Financial Theatre * Phoenix Convention Center * The Van Buren * Phoenix Art Museum * Heard Museum * Roosevelt Row Arts District * Chase Field * Downtown Phoenix restaurants and nightlife Major Employers The property is positioned near several of Central Phoenix's most significant employment centers. Grand Canyon University is located approximately two miles west of the property, while Banner Health's corporate offices are situated along Central Avenue. Banner-University Medical Center Phoenix, the City of Phoenix, Phoenix College, and Downtown Phoenix's government, healthcare, education, financial, hospitality, and professional-service employers are also readily accessible. Major area employers and employment centers include: * Grand Canyon University * Banner Health and Banner-University Medical Center Phoenix * City of Phoenix * State of Arizona * Phoenix College and the Maricopa County Community College District * Phoenix Union High School District * Maricopa County * Downtown Phoenix financial and professional-service firms * Phoenix Sky Harbor International Airport and its supporting employers Transportation The property offers excellent multimodal transportation access. The 19th Avenue/Camelback Valley Metro Rail station and park-and-ride facility are located approximately 0.2 miles from the property. The station is served by the Valley Metro B Line and connects the neighborhood with Midtown and Downtown Phoenix, Grand Canyon University-area destinations, Phoenix Sky Harbor International ([Valley Metro][1]) Bus service is available along both 19th Avenue and Camelback Road, providing additional connections throughout Central Phoenix. Interstate 17 is approximately one mile west of the property, offering convenient regional access to Downtown Phoenix, the West Valley, North Phoenix, Loop 101, and Interstate 10. The combination of walkable light-rail access, nearby bus routes, major arterial streets, and convenient freeway connectivity makes this location especially attractive to residents seeking transportation flexibility and access to major employment and entertainment destinations.

5038 N 18th Avenue, Phoenix

$799,900

7056928 MLS

Words can't fully capture the value of this impeccably maintained four-plex, where pride of ownership is evident throughout. Ideally situated in a highly desirable rental community, this property offers both stability and long-term upside for any investor. Each of the four units features a 2-bedroom, 1-bath layout with 926 square feet, providing comfortable and functional living spaces that remain in high demand. Three units are currently occupied, delivering immediate cash flow, while Unit #4 is vacant and available to show. Each unit includes French doors leading to a spacious front deck or patio area, creating a welcoming indoor-outdoor feel. The downstairs units enjoy private fenced yards, a rare amenity that enhances tenant appeal.

3823 N 23rd Drive, Phoenix

$750,000

7055078 MLS

Seller financing available! This well-maintained four-unit property features four 2-bedroom, 1-bathroom units, each with its own in-unit laundry. The property has been extensively renovated, with updates completed throughout all four units, exterior improvements, and numerous upgrades across the property. With a strong history of proactive maintenance and no known deferred maintenance items, this is a truly turnkey investment. Tenants enjoy a shared outdoor space with BBQs and picnic tables, and the property is occupied by well-vetted tenants, providing stable income. Conveniently located with easy access to I-17 and just 2 miles from Grand Canyon University, this property offers an excellent location for both tenants and investors. Seller financing info upon request

2210 W Devonshire Avenue, Phoenix

$2,500,000

7054768 MLS ⋅ 12,027 SqFt.

Tucked into Midtown Phoenix near the historic Coronado District, 2310 N 16th St gives an owner-user a large, centrally located retail building on a site with dedicated parking that most retail in the corridor does not have. The larger space, at 10,527 SF, is a general-purpose retail space delivered vacant at close, ready for an owner to occupy. The smaller 1,500 SF space operates as a bar and lounge that has anchored this stretch of 16th Street since 1976 and generates approximately $36,000 in annual income. The site spans 0.619 acres with 30 surface parking spaces. The property is zoned C-2/R-4, with the majority under the C-2 commercial designation. The result is a unique opportunity for an owner-user to occupy the bulk of the building while the smaller unit contributes income that help

2310 N 16th Street, Phoenix

$550,000

7051345 MLS

Amazing opportunity! 4 Plex!! Amazing location! Each Unit is a 2 bed, 2 bath, with laundry hookups. HOA includes water/sewer/trash, community pool and landscaping. Units are individually metered for electric.

2833 E Paradise Lane, Phoenix

$389,900

7050052 MLS

Excellent investment opportunity for an investor or owner occupant/house hacker! Well maintained block duplex featuring two 2 bed/1 bath units with instant cash flow from reliable long-term tenants. Current leases are both month-to-month, offering flexibility for a new owner, while both tenants want to stay and are willing to sign longer term leases. Great value-add opportunity with Unit 1 fully remodeled in 2023 and Unit 2 offering upside through future renovation. Major updates include roof (2018), upgraded dual-pane windows (2023), underground plumbing/main sewer line replaced (2025), updated landscaping (2025), and Unit 1 interior remodel (2023). Both units have central HVAC & washer dryer hookups. Minutes from Downtown Phoenix, Sky Harbor, Biltmore, Arcadia Lite, and major freeways.

2730 E Willetta Street, Phoenix

$715,000

7048621 MLS ⋅ 1,852 SqFt.

Located in the heart of Midtown Phoenix, 214 E. Monterey Way offers a rare opportunity to own a beautifully updated office building that blends historic charm with modern finishes. The striking red brick exterior carries seamlessly into the interior, preserving its timeless character while creating a warm, professional atmosphere. Large windows fill the space with abundant natural light, complementing the flexible layout of private offices and collaborative work areas. The property also features 13 dedicated parking spaces and provides exceptional access to SR-51, Downtown Phoenix, the Camelback Corridor, and nearby restaurants and amenities.

214 E Monterey Way, Phoenix

$1,850,000

7048362 MLS ⋅ 9,583 SqFt.

LOCATED ALONG ONE OF PHOENIX'S HISTORIC COMMERICAL COORIDORS, THIS HIGHLY VISIBLE CORNER PROPERTY OFFERS EXCEPTIONAL REPOSITIONING POTENTIAL JUST MINUTES FROM DOWNTOWN PHOENIX, THE STATE CAPITOL, INTERSTATE 10, PHOENIX SKY HARBOR AIRPORT AND THE RAPIDLY EXPANDING GRAND AVENUE ARTS DISTRICT. THIS IS A GREAT OPPORTUNITY FOR AN INVESTOR OR OWNER USER WHILE GENERATING IMMEDIATE CASH FLOW! PROPERTY HIGHLIGHTS: -SIGNIFICANT VALUE-ADD OPPORTUNITY -APPROXIMATELY 9,583 SF SITUATED ON 0.26 ACRE CORNER PARCEL -FEATURES SIX TENANT SUITES -RETAIL, RESTAURANT, OFFICE AND FLEX CONFIGURATIONS -RENOVATED IN 2019 -TWO STORY BUILDING -EXCELLENT FRONTAGE ON VAN BUREN STREET

1805 W Van Buren Street, Phoenix

$384,999

7047080 MLS

Turnkey duplex with strong cash-flow potential! Whether you're looking for a long-term rental, short-term rental, or house-hack opportunity, this fully renovated duplex is ready to generate income from day one. Ideally located in the heart of Phoenix with convenient access to Downtown, major freeways, restaurants, shopping, parks, and entertainment, this property offers excellent rental appeal. Extensive upgrades include a newer roof with Low-E thermal insulation, less than one-year-old A/C units, and blown-in R-30 fiberglass insulation. Situated on a large lot, the property may offer future expansion potential, including the opportunity to explore adding two additional units, subject to zoning, permits, and City approval. This move-in-ready duplex is a low-maintenance investment.

2314 E Garfield Street, Phoenix

$1,900,000

7046624 MLS

Fully occupied! All single level units inside a gated community, mix of one bedroom units (9) and two bedroom units (2). Newly updated kitchen with stainless appliances, double-door refrigerators, granite countertops. Full-size washer and dryer inside each unit! Concrete floors, double-pane windows, ceiling fans in each room, enough covered and uncovered parking. Incredible central location, 15 minutes in any direction to Scottsdale, Tempe, or Downtown Phoenix. Each unit has separate electrical meter, water/sewer is paid under one account. Two trailers along with tools inside are included in the sale as bonus!

2302 N 36th Street Unit OFC, Phoenix

$999,000

7045461 MLS

Mountain View 8 Units consists of six one-bedroom/one-bathroom units and two studio units, offering investors a strong cash-flowing multifamily opportunity in North Central Phoenix. Built in 1987, the property features two-story wood-frame construction with a flat roof. Recent capital improvements include new mini-split HVAC systems in all units and various interior upgrades. The property is 100% occupied and generates $8,325 per month ($99,900 annually) in gross rental income. Investors can benefit from immediate cash flow with additional upside through light cosmetic improvements and rental growth. The parcel located directly in front of the property is also included in the sale, providing added value and future potential.

9648 N 12th Avenue, Phoenix

Phoenix Homes with Open Parking Features

Newest Phoenix Homes with Open Parking Features