Calico Ridge Multi-Family Properties for Sale

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Newest Calico Ridge Multi-Family Homes for Sale

$1,700,000

220228164 MLS

Generational 14 unit apartment complex in Grants Pass, OR now available! The property consists of five single-story duplexes and one two-story fourplex. Well located, with mature landscaping and spacious yards. There are ten ~750 SF two-bedroom/one-bath units and four ~810 SF two-bedroom/one-bath units, totaling approximately 10,740 square feet of gross living area. The units feature living rooms, dining areas, two bedrooms, and one bathroom. The buildings are wood-frame construction with concrete stem walls, with construction dates ranging from 1965 to 1970. The property also includes carports for 12 cars and a laundry building.

305 NE C Street, Grants Pass

Courtesy of Pulver and Leever Real Estate

$485,000

6 Beds ⋅ 2 Baths ⋅ 7075313 MLS

Step into the timeless charm of Old Bisbee with this beautifully preserved 1905 home, full of character and opportunity. Offering 2, 315 sq. ft. across two living spaces, it's perfect as a successful Airbnb, income property, multi-generational home, or owner-occupied investment. The upper level features 4 bedrooms, 1 bath, a bonus room, spacious attic, and a brand-new A/C & heating system (installed 6/25/26) with a 10-year warranty. The lower level includes 2 bedrooms, 1 bath, and a proven rental history. (1000.00 a month) Rare garage and driveway parking complete this unique find, just moments from Bisbee's vibrant shops, galleries, and restaurants. Come experience the magic of Bisbee! Investment Dream Home!

416 Tombstone Canyon Canyon, Bisbee

Courtesy of Jimmy Perez Realty. 520-432-2808

$425,000

6 Beds ⋅ 3 Baths ⋅ 7074943 MLS

2140 W Heatherbrae is a high-demand, cash-flowing 3-unit multifamily property in Midtown Phoenix (85015). Featuring one single-story triplex with large 2-bed/1-bath units on a ±8,486 SF lot, it offers immediate rental upside and value-add potential for 1031 buyers. PROPERTY HIGHLIGHTS: UNITS: Three spacious 2-bed/1-bath layouts (1963 build). LAYOUT: One single-story triplex with private patios. FINANCIALS: Cash-flowing with strong value-add potential. PARKING & UTILITIES: 5 open spaces; individually metered electricity. LOCATION: Infill lot in Midtown Phoenix, near the 19th Ave / Camelback Light Rail. ACCESS: Minutes to I-17, I-10, SR-51, and Sky Harbor Airport.

2140 W Heatherbrae Drive, Phoenix

Courtesy of ABI Multifamily. 602-714-1400

$1,116,000

6 Beds ⋅ 6 Baths ⋅ 7074936 MLS

Williams Heritage is a six-unit multifamily community located near Downtown Tempe and Arizona State University. The property comprises two adjacent, separately parceled, single- story triplex buildings situated on approximately 0.38 combined acres. The separate parcels offer the potential for residential financing, providing additional flexibility for qualified buyers. Williams Heritage is strategically located near Downtown Tempe, approximately 1.3 miles from Arizona State University's Tempe campus. The property provides convenient access to Mill Avenue, Tempe Town Lake, Marina Heights, the Novus Innovation Corridor and other major employment, education and entertainment destinations.

601 S Hardy Drive, Tempe

Courtesy of Coldwell Banker Commercial Realty. 630-674-1600

$650,000

4 Beds ⋅ 4 Baths ⋅ 7074894 MLS

Live in the main home while collecting $2,190/month in rental income from two tenant-occupied guest houses! Located in the heart of the Garfield Historic District, offers historic charm, flexible living and built-in income just minutes from Downtown Phoenix. The main residence features 2 bedrooms & 2 bathrooms with new flooring, new windows, remodeled bathrooms, & fresh interior & exterior paint. Unit 2 rents for $1,295/month with a lease through March 31, 2027, and Unit 3 rents for $895/month with a lease through July 31, 2027. A rare opportunity to enjoy a move-in-ready home while rental income helps offset your monthly housing costs. Ideal for an owner occupant, investor, or anyone looking for additional income potential in one of Downtown Phx's most established historic neighborhoods. Buyers exploring FHA or other low down payment owner-occupied financing may find this especially compelling, subject to lender and property eligibility requirements. For investors, the property offers three separate living spaces in one of Central Phoenix's most recognizable historic neighborhoods, with two units already producing income and additional upside through the vacant main residence. The configuration also works well for multigenerational living, extended family, or a combination of personal use and rental income. Located just minutes from Downtown Phoenix, Roosevelt Row, Banner University Medical Center, dining, entertainment, major employment centers, freeways, and Phoenix Sky Harbor International Airport, this is the type of central infill property that is increasingly difficult to replicate. Historic character, existing rental income, and multiple paths for occupancy make 1005 E Moreland St a standout opportunity for buyers looking to live, invest, or do both.

1005 E Moreland Street, Phoenix

Courtesy of eXp Realty. 480-420-4455

$2,099,000

12 Beds ⋅ 11 Baths ⋅ 7074851 MLS

Welcome to The Chesterfield! Fully remodeled and separately metered, this 11-unit apartment complex in Central Phoenix offers a rare combination of flexibility, design, and cash flow potential. Each unit has been tastefully updated with modern finishes, new flooring, and contemporary kitchens and baths. All units can include appliances, furnishings, and assigned parking,ready for immediate operation. Currently run as a successful short term operation, this property is also perfectly positioned for midterm rentals catering to travel nurses, medical professionals, and corporate clients. Located within minutes of Banner University Medical Center, St. Joseph's Hospital, Phoenix Children's Hospital, and the VA Medical Center, this area experiences consistent demand for fully furnished stays. Highlights: -11 fully remodeled units - all separately metered for gas & electric -Can be sold fully furnished with appliances included -Dedicated parking -Walking distance to major hospitals and transit routes -Excellent opportunity for Airbnb, midterm, or long-term leasing strategies -Proven income performance in one of Phoenix's strongest rental corridors This is a plug-and-play investment in a thriving, high-demand location, ideal for the investor looking to scale in one of the Valley's most stable and profitable rental markets.

4142 N 10th Street, Phoenix

Courtesy of eXp Realty. 480-420-4455

$600,000

7 Beds ⋅ 4 Baths ⋅ 7074579 MLS

Fully Leased Fourplex with Rental Upside! This well-maintained fourplex features three 2-bedroom/1-bath units and one oversized 1-bedroom/1-bath unit. Recent improvements include three brand-new AC units and new exterior paint. The property currently generates $49,560 in gross annual income ($4,130/month) and is fully leased, providing immediate stabilized cash flow. Two long-term tenants are currently paying below-market rents, creating an excellent opportunity for a new owner to increase rental income over time.

7143 N 66th Drive, Glendale

Courtesy of Compass. 480-776-1555

$675,000

8 Beds ⋅ 4 Baths ⋅ 7074457 MLS

Phoenix 4 plex fully leased and upgraded. All units are 2x1 with laminate flooring throughout and updated bathrooms and kitchens. Units leased at market rate. Parking slabs for easy parking. Individually metered electric. Owner pays for water, sewer, trash, and garbage. Do Not Disturb Tenants. Drive By Only.

1597 W Mountain View Road, Phoenix

Courtesy of HQ Property Services. 714-925-3004

$1,195,000

220227899 MLS

Rare westside Bend opportunity with four units on a quarter-acre RM-zoned parcel, just one block from Jacksons Corner and about half a mile from Drake Park and downtown. The property includes two vintage 1920s homes plus a duplex, offering four doors of income while you plan what comes next. With alley access, RM zoning, Oregon's middle housing rules, and potential fee-simple ownership options through a middle housing land division, the possibilities here are hard to ignore. Hold as an investment, renovate and reposition, or explore adding density and creating something truly special in one of Bend's most desirable neighborhoods. With no off-street parking requirement and rear alley access, the site offers even more flexibility for future plans. Property is being sold in its present ''AS-IS'' condition. Buyer to verify all development potential, zoning, and land division options.

942 NW Delaware Avenue, Bend

Courtesy of Keller Williams Realty Central Oregon

$514,000

220227905 MLS

Excellent duplex opportunity in a desirable Central Point location! Each 2-bedroom, 1.5-bath unit offers a spacious, functional floor plan with generously sized living rooms and kitchens. A unique layout separates the two units with 2 two-car garages, providing added privacy and convenience. Each unit also includes its own carport for additional covered parking. Long-term tenants are already in place and show pride of ownership.

541 Briarwood Drive, Central Point

Courtesy of RE/MAX Integrity

$1,299,000

4 Beds ⋅ 4 Baths ⋅ 7072928 MLS

Newly Built & Stabilized Phoenix Fourplex - Turnkey Investment Opportunity Exceptional opportunity to acquire a newly built, occupied fourplex completed in 2024. The property consists of four spacious 2-bedroom, 2-bathroom residences, each approximately 930 square feet, offering a modern multifamily product with minimal near-term capital expenditure. Each unit features an open and functional floor plan, contemporary finishes, upgraded kitchens with modern cabinetry and countertops, stainless steel appliances, spacious bedrooms, two full bathrooms, and in-unit stacked washer and dryer. Large windows provide abundant natural light throughout each residence. Unlike much of the surrounding fourplex inventory, this property offers investors the advantages of newer construction.

1306 E Purdue Avenue, Phoenix

Courtesy of ProSmart Realty. 480-540-2213

$1,500,000

12 Beds ⋅ 29 Baths ⋅ 7072442 MLS

RARE 7-UNIT INVESTMENT OPPORTUNITY in a fantastic central Phoenix location! What truly sets this property apart is its unique configuration--7 total units spread across SIX SEPARATE BUILDINGS, consisting of five detached residences plus one duplex. The unit mix includes five 2-bedroom/1-bath units and two 1-bedroom/1-bath units, providing an attractive and versatile rental mix. Situated on an oversized 20,000+ sq. ft. lot, the property offers private outdoor areas, covered parking and the feel of individual residences rather than a traditional apartment complex. Ideally located between Downtown Phoenix and Sky Harbor International Airport with convenient access to major freeways, employment, shopping, dining and entertainment. A unique opportunity to acquire a well-located Phoenix multifam

1801 N 25th Place, Phoenix

Courtesy of Four Peaks Property Management LLC. 480-203-4348

$1,700,000

16 Beds ⋅ 14 Baths ⋅ 7072364 MLS

COLTER 9 at 810 E Colter St, Phoenix is a 9-unit value-add condo package in Uptown Phoenix. Built in 1962 with classic mid-century block construction, this asset provides instant cash flow and immense upside near the thriving 7th St & Camelback corridor. THE ASSET: 9 individually parceled units (two 3BR, three 2BR, four 1BR). EXIT: Separate parcels support a portfolio sale or high-margin retail sales. VALUE-ADD: Modernize original interiors to maximize premium rental rates. LOCATION: Walkable to elite dining, light rail, and Madison School District. AMENITIES/HOA: Gated access, pools, covered parking. HOA covers exterior, roofs, water, sewer, and trash.

810 E Colter Street, Phoenix

Courtesy of ABI Multifamily. 602-714-1400

$635,000

11 Beds ⋅ 6 Baths ⋅ 7072305 MLS

SELLER MAY CARRY. Terms depend on person and deal. Downpayment must clear existing debt roughly $400k down. Exceptional investment opportunity to own a fully occupied 6-unit multifamily property in the growing community of Casa Grande. This well-maintained 6-Plex offers immediate, reliable cash flow with all six units currently leased. Each tenant has completed a thorough application process, including background and credit screening, and is secured under formal lease agreements, providing added confidence for investors. Whether you're looking to expand your real estate portfolio or acquire a turnkey income-producing property, this investment offers strong rental stability and minimal vacancy concerns. Located in a desirable area with convenient access to shopping, dining, schools, major employers, and transportation routes, the property is well positioned to meet continued tenant demand. Don't miss this outstanding opportunity to own a fully leased multifamily asset in one of Casa Grande's steadily growing rental markets.

1405 N French Street, Casa Grande

Courtesy of SERHANT.. 623-680-6022

$2,799,000

32 Beds ⋅ 24 Baths ⋅ 7072051 MLS

Palm Square 24 is located at 15th and Camelback, in the heart of Phoenix, just a 1 mile+ to Uptown Plaza & the Melrose District. Addresses include 4819, 4815, & 4811. Full stabilized. $116,625/door & less than $187/sq ft. Unit mix consists of (8) very large 2 bed units; (10) 1 bed units; & (6) large studio units (15,000 total sq ft). The complex underperformed in 2025 with a low NOI. However, Palm Square 24 is now 100% occupied. $21,200 gross rents currently with a 6.35 CAP rate. The complex went through many significant renovations over the last 5 years. Many units include in-suite washer/dryer sets & upgraded electrical systems. Lots of storage-additional density potential. Ample parking with carports. Ability to control 1.09 acres in an OZ in Uptown PH

4815 N 15th Avenue, Phoenix

Courtesy of Better Homes & Gardens Real Estate SJ Fowler. 480-649-3536

$725,000

4 Beds ⋅ 4 Baths ⋅ 7071735 MLS

Four on Mariana is a well-maintained four-unit residential investment property located in central Tempe, Arizona. The property consists of four 1- bedroom/1-bathroom units, each approximately 480 SF (1,920 SF total), situated on the end lot of a cul-de-sac with four covered parking spaces and a seller-owned coin laundry on-site. The location is a key asset -- within walking distance of the Arizona State University Tempe campus and minutes from the Novus Innovation Corridor and major highways, driving consistent tenant demand and historically low vacancy. Tenants enjoy exceptional connectivity with minutes-away access to major highways. This is not just a stable investment, it's an opportunity for growth. Current market analysis indiscated room to increase rents allowing for larger re

908 S Mariana Street, Tempe

Courtesy of Get Multifamily. 480-795-7938

$719,000

6 Beds ⋅ 6 Baths ⋅ 7071607 MLS

Brand new modern duplex available in Central Phoenix. It comes with 2 units, each with 3 bedrooms & 2.5 bathrooms. They feature a stylish contemporary design, open-concept floorplan, and gorgeous finishes throughout. Step inside to a bright and spacious great room with luxury plank flooring, recessed lighting, and neutral designer paint.The kitchen has white shaker cabinets with black hardware, quartz countertops, a large center island, custom pendant lighting, a pantry, and plenty of storage space. Upstairs you'll find spacious bedrooms with ceiling fans and tile throughout. Located in a prime Phoenix location with easy freeway access and convenient proximity to Sky Harbor Airport, dining, shopping and entertainment.

2537 E Southgate Avenue, Phoenix

Courtesy of West USA Realty. 602-942-4200

$449,000

6 Beds ⋅ 6 Baths ⋅ 7071546 MLS

Unlock a rare income-producing opportunity in the heart of historic Globe, AZ! This meticulously maintained, Victorian-style 4-plex offers a savvy investor the perfect hybrid rental model. Whether you are looking to capitalize on high-demand short-term rentals or stable long-term income, this turnkey property delivers on all fronts. **The main building features three spacious, fully furnished units--one 2-bed/1-bath and two 1-bed/1-bath units. With all utilities included, these are primed for immediate Airbnb, corporate housing, or vacation rental conversion, allowing you to capture maximum nightly rates. For a stable, low-maintenance asset, the rear property features a private, 800 sq. ft. 2-bed/1-bath cottage with its own dedicated laundry room. This detached unit is separately metered, meaning the tenant pays their own utilities, effectively streamlining your management and boosting your bottom line. **Location is everything: Situated right next door to the famous "Nerdburgers" and steps from downtown, this property offers incredible accessibility to local employers, mining-related worksites, and vibrant small-town amenities. Tenants will love the proximity to Arizona's stunning outdoor recreation, hiking, and the Apache Gold Casino Resort, located just a short 12-15 minute drive away. **Unit #3 is currently vacant, and the owner-occupied unit (#2) will be delivered vacant at closing. Don't miss out on this ready-to-run business model!

434 S Hill Street, Globe

Courtesy of Better Homes & Gardens Real Estate SJ Fowler. 480-649-3536

$1,580,000

16 Beds ⋅ 16 Baths ⋅ 7071483 MLS

Exceptional opportunity to acquire a fully renovated 16-unit furnished efficiency apartment complex located in the heart of Superior, Arizona, positioned to benefit from significant economic development associated with the Resolution Copper project, one of the most significant copper mining developments in North America. Each apartment is fully furnished and features a queen-size sofa sleeper, kitchenette, microwave, mini-split AC system, and all utilities included, making the property particularly attractive for workforce housing, corporate housing, traveling professionals, and other short- and long-term rental opportunities. An additional approximately 2000 sf venue that has been upgraded with new roof, electric & plumbing is part of the property.

825 W Us Highway 60 --, Superior

Courtesy of Realty ONE Group. 602-953-4000

$499,000

5 Beds ⋅ 3 Baths ⋅ 7071365 MLS

Rarely does an investment opportunity like this come to market in Casa Grande. Uniquely positioned on a desirable corner lot, this three-unit property offers the ideal combination of stable cash flow, strong tenant demand, and long-term growth potential in one of Pinal County's fastest-growing markets. The property consists of two distinct structures, creating an attractive and versatile investment offering. Units 819 N Arbor Ave (2/1) and 815 N Arbor Ave (2/1) are configured as a duplex, while 809 N Arbor Ave (1/1) is a separate detached residence, providing the privacy and appeal of a standalone single-family home. All three units feature private entrances, private yard spaces, and include washer and dryer sets for tenant convenience. Current tenancy provides immediate and dependable income with leases expiring 5/31/2027, 6/30/2027 and 11/30/2026 generating gross income of $4000+ per month. Tenants pay all utilities, with each unit separately metered for both electric and water, helping maximize investor returns and minimize owner expenses. With strong in-place rental income and leases already secured, this property offers a rare opportunity to invest in one of Pinal County's fastest-growing markets. Supported by continued economic development, expanding employment opportunities, and increasing housing demand, this asset provides dependable cash flow today while positioning investors to benefit from the area's ongoing growth and future potential. Conveniently located near shopping, dining, schools, and major transportation corridors, this is the definition of a true turnkey investment--stable income today with room for continued upside tomorrow. DRIVE-BY ONLY. Please do not disturb tenants. Interior walkthroughs will be provided only upon acceptance of an offer. Buyer to verify all facts and figures. Act quickly--opportunities like this don't last.

815 N Arbor Avenue, Casa Grande

Courtesy of Fathom Realty. 877-661-1977

$550,000

7 Beds ⋅ 5 Baths ⋅ 7071112 MLS

Rare three unit opportunity in Payson ideal for a buyer seeking to live in one home while generating income from the others to offset ownership expenses. Situated on a 17,000 square foot lot at approximately 5,000 feet elevation, the property includes three detached manufactured homes on a quiet cul de sac surrounded by mature trees. Unit A: 1 bd, 1 ba with newer HVAC, LVP flooring, stainless appliances, W/D, shed, and covered carport. Unit B: 3 bd, 2 ba with remodeled primary bath, laminate floors, dual pane windows, central heat/air, mini splits, W/D, yard, shed, and shared garage. Unit C: 3 bd, 2 ba with vaulted ceilings, remodeled primary bath, central heat/air, mini splits, tankless water heater, carport, and shared garage. Conveniently located within walking distance to restaurants +

205 S Ponderosa Street, Payson

Courtesy of Avenew Realty Inc. 480-330-4019

$339,000

220227603 MLS

Easy to rent, always full, duplex. Recently updated 3 bed/1 bath with ductless HVAC, and a fenced side yard. Rents for $1,445/mo. A well kept, 2 bed/1 bath with a long term tenant in the other side, also with fenced side yard/patio. Rents for $1,200/mo. Four parking spaces in the front, with additional parking in the rear. Low maintenance and well maintained in an easy rent package. With gross rents at $31,740/yr, why are you waiting.

1410 SW G Street, Grants Pass

Courtesy of Active Property Service

$499,999

6 Beds ⋅ 4 Baths ⋅ 7071032 MLS

Amazing investment opportunity to own this brand-new duplex! Perfect for a first-time homebuyer looking to house hack or an investor seeking a low-maintenance property with a desirable unit mix, luxury finishes, and strong cash flow potential. Each unit features 3 bedrooms and 2 bathrooms with high-end finishes throughout, including stainless steel appliances, luxury vinyl flooring, quartz countertops in the kitchens and bathrooms, and brand-new stackable washer/dryers. Each unit also includes a covered parking space, with additional guest parking available. A turfed common area between the buildings provides a great space for pets and outdoor enjoyment.

4037 S 12th Street, Phoenix

Courtesy of Compass. 480-776-1555

$989,000

8 Beds ⋅ 4 Baths ⋅ 7070796 MLS

Fully updated and remodeled 4-plex investment opportunity in Kachina Village, Each 2 bedroom 1 bath units have new vinyl windows, new all electric appliances, refrigerators, washer/dryers, mini split AC units, LVP Laminate flooring with carpet in all bedrooms, new perimeter fencing with steel posts expansive concrete parking lot, and much more. 5% vacancies with month to month rents - professionally managed, CLA on rental rates. Property zoned RM-10/a Residential Multiple Family (10 units/acre).

3549 Kachina Trail, Flagstaff

Courtesy of eXp Realty. 888-897-7821

$725,000

6 Beds ⋅ 4 Baths ⋅ 7070756 MLS

Fourplex available! Great Income! Perfect for a house hack opportunity. Features 4 units: a 2-bedroom/1-bath home with front and back yards and a driveway rented at $1,550/month, plus 3 units in a separate building--a studio ($950/month), 1-bedroom/1-bath ($1,000/month), and 2-bedroom/1-bath ($1,500/month). Total rents are $5,000/month. New roof in 2021. New exterior paint in 2026. Tenants pay gas/electric. Owner pays water, sewer, and trash. Drive by only. Do NOT disturb tenants.

2228 N 20th Street, Phoenix

Courtesy of Compass. 480-776-1555

$699,900

23 Beds ⋅ 12 Baths ⋅ 7070673 MLS

Investment Opportunity: Expansive multi-property unit on nearly an acre lot, featuring 8 units including 3 duplexes, 3 houses (one with attached studio), and 2 separate studios. Ready for remodeling, this versatile property offers endless potential for renovation and expansion. Conveniently located near Central Phoenix, this is an ideal investment for those seeking to revitalize and customize living spaces for modern lifestyles. Don't miss out on this prime opportunity! One of the homes is livable, and another is being remodeled currently.

945 W Corona Avenue, Phoenix

Courtesy of At Home Real Estate Arizona. 602-635-6811

$416,500

220227542 MLS

Hard-to-find duplex in a great Phoenix location, situated on two lots totaling approximately .42 acres! Well maintained with a newer roof, upgraded windows, newer hot water heaters, laminate flooring & efficient ductless mini-split heat pumps along with newer fencing. Each unit features its own single-car garage with washer & dryer hookups. Set back from the street, the duplex offers added privacy and a spacious setting. The sale includes the adjoining .24-acre lot, providing an exceptionally large side yard and added possibilities. A portion of the additional lot extends across the irrigation canal. A unique opportunity for an investor or owner-occupant looking for a duplex with more land, privacy & flexibility than you typically find.

400 S Rose Street A-B Unit A-B, Phoenix

Courtesy of RE/MAX Integrity

$699,000

3 Beds ⋅ 3 Baths ⋅ 7070330 MLS

Discover a rare Arizona ranch retreat-A 2,700 sq ft main home with 2 car garage is paired with an extraordinary 2,000 sq ft heated-and-cooled building can be transformed into a full-size guesthouse /two-story apartment or separate duplex. This 9 space tandem garage/hangar gives the entire property a total of 4,700+ sq ft of conditioned space. The building is a blank slate for a buyers ideas. It has h20/electricity. Don't forget the 3 FULL RV HOOK UPs and DREAM HOME! Garage Built with thick 8-inch concrete and engineered for heavy loads, it easily accommodates up to nine cars, three large RVs, or even a small plane- CAR COLLECTORS DREAM-where wide-open desert skies meet refined ranch elegance on 20 pristine acres in McNeal. Centrally located just 15 mins from Bisbee, Douglas & Tombstone!! This stunning two-story farmhouse ranch is an entertainer's dream and a true turn-key treasure. Enjoy 360-degree views, mature fruit trees, lush green lawns on timed drip systems, and is bordered to the south by acres of pecan orchards (not included with this property) that provides natural shade, lush greenery, PRIVACY, and classic southwestern ambiance. With three full RV hookups, expansive outdoor living spaces, and a gourmet outdoor kitchen, this 3-bedroom, 2.5-bath beauty is ready for unforgettable gatherings or peaceful private living under unobstructed starlit skies. The home has brand-new & UPGRADED metal roof (2023), four high-efficiency mini-splits, solar window screens, and a new well pump deliver modern comfort and efficiency. The grounds are absolutely pristine--not a rock or blade of grass out of place--with full snake fencing, a fully enclosed dog run, and abundant room for horses and animals. Inside, pure sophistication awaits: a gourmet kitchen, enormous party-ready dining room, inviting family room, and a media/pool-table retreat that opens onto an enclosed patio where you can enjoy the quiet sounds of the desert. The upstairs split floor plan features three bedrooms, including an oversized primary suite with private stargazing deck, plus a hall bath with soaking tub. A convenient half-bath sits just off the kitchen on the main level.In the East Courtyard, a museum-quality indoor/outdoor workshop offers endless space for tractors, hobbies, and projects. Most furnishings can convey on a separate contract, making this elegant farmhouse ranch truly turn-key.Whether you seek a private desert sanctuary, a multi-generational estate, or a high-end entertaining property, this McNeal masterpiece delivers the ultimate blend of western freedom and refined living.Would make a perfect wedding destination or AirBnB/destination Inn, with the famous Whitewater Draw just a few miles away for birding guests. ***4th BEDROOM is also the media/pool table room downstairs NO closet*** WELCOME HOME!!

4823 W Tumbleweed Lane, McNeal

Courtesy of Pepper Realty. 520-360-8593

$575,000

6 Beds ⋅ 4 Baths ⋅ 7069832 MLS

Extremely rare newer vintage duplex on over 0.5 acre parcel with the opportunity of adding additional units, McKinley II presents a unique value-add multifamily offering. Built in 2004 and consisting of 2 oversized 3-bed, 1-bath floorplans averaging 1,100 SF, future ownership will have the opportunity to complete a renovation program to capture rent premiums already achieved in the the market and build additional unit(s) on the parcel. Alternatively, the property is well positioned for an owner-occupied investment approach. ***PROPERTY IS CURRENTLY VACANT. LEASING WILL COMMENCE BY MID-SEPTEMBER.

2142 E Mckinley Street, Phoenix

Courtesy of Marcus & Millichap. 602-687-6700

$450,000

4 Beds ⋅ 2 Baths ⋅ 7069799 MLS

Uniquely located immediately behind Phoenix Children's Hospital just west of the SR-51 Freeway, Cambridge II presents a unique value-add duplex offering. Built in 1986 and consisting of 2 x 2-bed, 1-bath floorplans averaging 672 SF, future ownership will have the opportunity to complete a renovation program to capture rent premiums already achieved in the the market. Alternatively, the property is positioned well for short-term renting for traveling nurses (given it's proximity to Phoenix Children's Hospital) and/or an owner-occupied investment approach. ***PROPERTY IS CURRENTLY VACANT. LEASING WILL COMMENCE BY MID-SEPTEMBER.

1702 E Cambridge Avenue, Phoenix

Courtesy of Marcus & Millichap. 602-687-6700

$4,550,000

40 Beds ⋅ 40 Baths ⋅ 7069727 MLS

2121 W Adams Street, Phoenix

Courtesy of Marcus & Millichap. 602-687-6700

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

Courtesy of Better Homes & Gardens Real Estate SJ Fowler. 480-649-3536

$779,990

220227371 MLS

Highly upgraded and fully occupied triplex with a brand-new roof located right on the Dry Canyon in Redmond Oregon. This building has two newly remodeled units, garages for each, an upstairs deck for each of the 2-bedrooms, and 2 downstairs patios for the 3-bedroom unit. The 3-bedroom unit is unique with a double primary design, one on the main floor and one upstairs, a great room, and an attached double garage. Each of the 2-bedroom units have a single attached garage and great room layouts. One of the 2 bed units has all square footage up and the other has the living and half bath down with both bedrooms and the full bath up. There is a laundry room for each of the 3 units. The HOA takes care of yard care, water, sewer, garbage, snow removal, & road/driveway maintenance. The new park right on the edge of the neighborhood is state of the art and the building is offering a 5.5% CAP rate at the current price!

Redmond

Courtesy of Windermere Realty Trust

$600,000

220227321 MLS

Investor opportunity with multiple income streams! This turnkey 3-unit multifamily property is currently producing substantial rental income, with additional revenue generated from RV storage. Situated on a large parcel offering exciting future development potential, with the possibility of creating up to 4 additional building lots (buyer to verify with appropriate agencies). Continue operating as an income-producing investment while exploring options to maximize the property's long-term value. A unique opportunity combining immediate cash flow, multiple rental units, storage income, and potential future development. Ideal for investors looking to expand their portfolio with a property that offers both strong current use and upside potential.

2921 Table Rock Road, Medford

Courtesy of RE/MAX Platinum

$599,000

3 Beds ⋅ 2 Baths ⋅ 7068512 MLS

Great Premium location, one block from ASU, Huge lot with room to expand, add square footage, or add ADU's, lots of potential. Zoned for multi family, with lots of developments in the area, walking distant to restaurants, stores, stadium and ASU. Property is currently leased with below market rates (month to month) because it needs renovations. Lots of upside potential with the rents. The price reflects the needed renovations. Can view property only after an accepted offer and proof of funds. PROPERTY IS ''AS IS'' CONDITION AND NO REPAIRS

1433 S Jentilly Lane, Tempe

Courtesy of HomeSmart. 602-230-7600

$715,000

8 Beds ⋅ 4 Baths ⋅ 7068450 MLS

Remodeled fourplex in a prime Mesa location! Each unit features updated finishes, refreshed interiors designed for comfort and durability. This turnkey investment offers strong rental appeal with minimal maintenance, making it an excellent opportunity for both new and seasoned investors. Conveniently located near shopping, dining, and major commuter routes. There is a laundry room used by all four units. Also a storage room. See document tab for HOA and rent roll. PLEASE DRIVE BY ONLY. DO NOT DISTURB TENANTS.

2650 E Mckellips Road Unit 241, Mesa

Courtesy of DeLex Realty. 602-910-3002

$569,999

6 Beds ⋅ 4 Baths ⋅ 7067963 MLS

Brand new 3 bed 2.5 bath Duplex Available. Upgraded wood like flooring, tile bathrooms, dual pane windowns. New Fixtures and appliances. Quartz counter tops. Both units are rented and ready for an investor or owner to buy and live in one unit and rent the other out.

970 N 4th Street, Coolidge

Courtesy of Valley Views RE. 480-688-0915

7130-7136 N 27th Avenue Unit 1-4, Phoenix

$1,325,000

16 Beds ⋅ 16 Baths ⋅ 7067839 MLS

Exceptional multi-family investment opportunity in a high-demand Phoenix rental corridor! This offering includes two well-maintained 4-plex buildings for a total of 8 income-producing units, each designed for functional living and long-term tenant stability. The property location in near major freeways, employers,, shopping, and schools--ideal for consistent occupancy and strong rental performance. With Phoenix's continued demand for affordable multi-family housing, this asset provides an excellent opportunity for investors seeking steady cash flow, value-add potential, or portfolio expansion in one of the fastest-growing metro areas in the country. All units are 2 bedroom 2 baths. Good occupancy and good rent income.

7130-7136 N 27th Avenue Unit 1-4, Phoenix

Courtesy of Paramount Management & Realty, LLC. 623-688-5844

$549,000

6 Beds ⋅ 4 Baths ⋅ 7067825 MLS

Don't miss this opportunity to own a multifamily property. Each unit features 3 bedrooms, 2 bathrooms, and 1,000 sq ft, with identical mirrored floorplans. Enjoy generously sized rooms, spacious closets, and tile flooring throughout. Kitchens are upgraded with quartz countertops, high-quality soft-close cabinetry, crown molding, separate pantry plus all-new appliances in both units. Each unit includes a tankless water heater, interior laundry hook-ups and are individually metered for electricity. Tub and shower surrounds are porcelain panels. Exterior features include concrete driveways and low-maintenance gravel landscaping. Owner covers water.

715 S 97th Street, Mesa

Courtesy of Balboa Realty, LLC. 602-899-6675

$1,100,000

7 Beds ⋅ 7 Baths ⋅ 7067304 MLS

This is a good financial opportunity and a truly rare opportunity to own a unique and somewhat mysterious piece of Phoenix history. Situated on just over an acre, at one time this was the ''Hopi Lodge'' on a ten acre spread. As a single family home neighborhood has grown around the now named Pueblo, it has retained it's non-conforming legal use as a seven unit apartment building. Built circa 1937, it was significantly modified by the 1950s, but loads of original and historic features remain including stone pillars and walls, beamed ceilings, custom wood doors, wood windows and a terrazzo floor to name a few. Each unit has it's own features and floor plan. A private courtyard and roof top view deck in a great location round out the benefits of this stunning property with loads of possibilit Do not disrupt the tenants.

6835 N 21st Street, Phoenix

Courtesy of Brokers Hub Realty, LLC. 602-291-3015

$489,000

220227125 MLS

1.71 acres of development land in a rapidly expanding area! The property currently includes a single-family home and a duplex, both of which are in poor condition and will likely need to be demolished. An excellent opportunity to reimagine the property and explore potential rezoning and division into individual residential lots. Ideal for a developer or investor looking for land with new construction potential. Buyer to conduct their own due diligence regarding zoning, lot division, utilities, development potential, and all intended uses.

Medford

Courtesy of Windermere Van Vleet & Assoc.

$765,000

220227124 MLS

Rare development opportunity offering approximately 1.90 acres across two adjoining parcels in a rapidly expanding area. The property includes two single-family homes and one duplex. One of the homes and the duplex have potential for rehabilitation, while the remaining home will likely need to be demolished. Explore the potential to rehabilitate the existing structures while developing the remaining acreage, or pursue a larger redevelopment project. Buyer to conduct their own due diligence regarding zoning, lot division, utilities, development potential, and all intended uses.

Medford

Courtesy of Windermere Van Vleet & Assoc.

$450,000

3 Beds ⋅ 2 Baths ⋅ 7067227 MLS

Creative financing available! Rare opportunity to own a highly updated duplex in Phoenix's established Taylor Park neighborhood. Two separate units offer flexibility for rental income, multi-generational living, or an owner-occupied strategy, with one unit offering the potential for a second bedroom. Each unit has dedicated covered parking, plus a generous amount of additional space at the front of the property--creating potential for additional parking, outdoor space, or other creative uses. With no HOA, this property offers an uncommon level of flexibility for both investors and owner-occupants. Conveniently located near 7th St & Dunlap Ave. Live in one and rent the other, lease both, or get creative with the space--the options are here.

9047 N 9th Street, Phoenix

Courtesy of GNS Realty- AZ, LLC. 480-991-0889

$488,000

6 Beds ⋅ 4 Baths ⋅ 7066998 MLS

The property is a beautifully appointed, spacious duplex featuring three bedrooms and two bathrooms. The interior offers ceramic tile flooring throughout and has been upgraded with granite countertops, modern cabinetry, and premium fixtures. The kitchen includes a range/oven, dishwasher, garbage disposal, a dedicated pantry, and a large granite island equipped with electrical access. A sliding Arcadia door opens to a covered patio, enhancing indoor-outdoor living. The home is equipped with ceiling fans in the living room and all bedrooms for added comfort. The primary suite features a generous walk-in closet, double sinks, a granite vanity, and porcelain decorative shower finishes. An oversized indoor laundry area provides ample storage and workspace.

15985 S Yava Road, Arizona City

Courtesy of Ivory Towers Realty. 520-466-6755

$1,585,000

7 Beds ⋅ 4 Baths ⋅ 7066970 MLS

RENOVATED FOUR-PLEX IN PRIME CAMELBACK EAST VILLAGE LOCATION WITH INCREDIBLE INCOME POTENTIAL! Beautifully updated and perfectly positioned between the highly desirable Biltmore area and Downtown Scottsdale, this turnkey four-plex is an exceptional opportunity in one of Phoenix's strongest rental submarkets, Camelback East Village. Each unit features custom cabinetry, wood flooring throughout, modern frosted glass doors, and ceiling fans throughout. All units are individually metered for electricity and include in-suite washer and dryer, offering tenants maximum convenience. Residents also enjoy covered carport parking and spacious private yards. The property has been well-maintained with significant updates, including a roof replacement in 2011, two air conditioning units replaced that same year, and the remaining units updated in 2016 and 2021. This property offers a low-maintenance, fully renovated investment in a prime central Phoenix location, just minutes from top dining, shopping, and entertainment.

3110 N 39th Street, Phoenix

Courtesy of Grigg's Group Powered by The Altman Brothers. 480-788-0929

$839,900

7 Beds ⋅ 3 Baths ⋅ 7066909 MLS

PACKAGE SALE: 2301 W Hayward Ave is being offered exclusively with 2305 W Hayward Ave. The properties must be purchased together and will not be sold separately, creating a unique opportunity to acquire multiple income-producing properties in one central Phoenix location. Together, the properties span right under an acre of land and feature three separate single-family residences with R-3 zoning, offering an appealing setup for an investor seeking multiple rental units in one location. The homes are currently tenant occupied, with the opportunity to take over the existing tenants and leases if desired, providing the potential for rental income from day one. Adding to the long-term potential, City planning staff have indicated that the site could support a six-unit multifamily development (6-plex), subject to applicable City requirements, approvals, and buyer verification. This provides an exciting opportunity for investors looking beyond the property's current use and considering future redevelopment possibilities. Beyond the residences, the property features an impressive 18-car carport offering substantial covered parking, along with a large shop space ready to make your own. Whether utilized for storage, a workshop, equipment, or other permitted uses, the additional space adds another layer of versatility to the property. Conveniently located near 23rd Ave and Northern Ave, the properties provide quick access to I-17, shopping, dining, employment centers, and everyday amenities. With over an acre of land, three single-family residences, R-3 zoning, extensive covered parking, a large shop, existing tenants, and potential for future multifamily development, this package offers a rare combination of current income potential and long-term flexibility in central Phoenix.

2301 W Hayward Avenue, Phoenix

Courtesy of Capstone Realty Professionals. 602-354-4660

$590,000

6 Beds ⋅ 3 Baths ⋅ 7066827 MLS

Recently updated triplex in the heart of Downtown Phoenix, offering three separate 2-bedroom, 1-bath units on a 0.18-acre lot with six surface parking spaces. Each unit features a private, fenced backyard and individual electric metering. The property offers low-maintenance desert landscaping and a tucked-away setting just off Taylor Street. With three separate units and a convenient central Phoenix location, this property presents a great opportunity for investors seeking a multifamily property with rental income potential.

1459 E Taylor Street, Phoenix

Courtesy of Redfin Corporation. 602-483-4919

$1,245,000

16 Beds ⋅ 9 Baths ⋅ 7066520 MLS

The Heatherbrae 9 Portfolio is a prime, cash-flowing nine-unit multifamily property in Midtown Phoenix (85015). Featuring seven 2-bed/1-bath and two 1-bed/1-bath units across three single-story triplexes on a ±25,356 SF corner lot, it offers immediate rental upside and value-add potential. PROPERTY HIGHLIGHTS: - UNIT MIX: Seven 2-bed/1-bath, two 1-bed/1-bath (1963 build). - LAYOUT: Three detached single-story triplexes with private patios. - PARKING: 14 spaces (2 covered) plus on-site laundry. - UTILITIES: Individually metered electricity. LOCATION & TRANSIT: - COMMUTE: 5.5 miles to Downtown Phoenix; 9.4 miles to Sky Harbor Airport. - TRANSIT: Under 1 mile to the Valley Metro Light Rail; instant I-17 access. - NEIGHBORHOOD: Walkable Midtown corridor near arts, dining, and histo

2140 W Heatherbrae Drive, Phoenix

Courtesy of ABI Multifamily. 602-714-1400

$1,395,000

220227031 MLS

Excellent investment & return in a excellent Central Point location. One-owner property since construction in 2006, This well-maintained 8-unit property offers a strong history of occupancy with long-term, stable tenants & very limited vacancy--an attractive option for the investor seeking a solid, low-maintenance asset with no significant deferred maintenance. All units are in good condition, with approximately four featuring updated LVP flooring. Functional floor plans offer open kitchens with abundant storage, private patios & individual exterior storage closets. Covered tenant parking plus a large parking area provides ample visitor parking. Photos shown represent one unit; condition and finishes vary slightly by unit. No HOA. A quality multifamily investment combining desirable location, tenant stability, low historical vacancy, well landscaped, & pride of ownership.

501 Briarwood Drive, Central Point

Courtesy of RE/MAX Integrity

$746,500

220227027 MLS

Unique opportunity on a beautifully landscaped .63-acre lot with two homes and excellent income potential! The main home offers approx 2731 sq ft, 3 spacious bedrooms, 2 full baths, a large living room, and a huge oversized family/flex room overlooking the backyard. Features include a generous primary suite, large laundry/storage room, attached oversized drive through 2-car garage with two storage rooms, and a large Trex deck. The second home offers 1800 plus sq ft and is currently used as an Airbnb, features a spacious living room, full kitchen with granite counters, primary bedroom with private bath and jetted tub, mini split system, shop/2-car garage space, and a covered patio. Enjoy fenced yards, mature landscaping, two separate driveways, and an RV dump. Conveniently located near medical facilities, Providence hospital, shopping, restaurants, and everyday amenities. Great potential for multi-generational living, care facilities, or rental income. Fantastic and move-in ready!

1320 Covina Avenue, Medford

Courtesy of RE/MAX Integrity

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