Calico Ridge Multi-Family Properties for Sale

Our website features the best real estate search for multi-family properties available in Calico Ridge and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes.

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.

Curious about what’s happening in the Calico Ridge real estate market? Sign up for a Calico Ridge Real Estate Market Report to see what’s active, under contract, and sold!

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Newest Calico Ridge Multi-Family Homes for Sale

$225,000

220223640 MLS

Triplex featuring three 1-bedroom, 1-bath units in a convenient location close to downtown amenities, shopping, dining, and services. This property offers excellent potential for investors looking to add value and build equity. With solid rental possibilities and room for your vision and improvements, this is an opportunity to customize and maximize returns. Whether you're expanding your portfolio or looking for your next project, this income-producing property offers plenty of upside potential. Don't miss the chance to unlock the possibilities!

324 NE D Street, Grants Pass

Courtesy of RE/MAX Integrity Grants Pass

$399,000

2 Beds ⋅ 2 Baths ⋅ 7043483 MLS

LIVE IN ONE. RENT THE OTHER. This updated Mesa duplex is the perfect setup for a first-time investor or house hacker. Enjoy your own private one-bedroom, one-bath home while the separate neighboring unit provides immediate rental income to help offset your mortgage. Two private units. One property. Built-in income potential from day one. A simple, smart way to stop just paying for a home and start building an investment.

449 N Drew Street E, Mesa

Courtesy of eXp Realty. 480-359-6098

$359,900

4 Beds ⋅ 4 Baths ⋅ 7043429 MLS

Currently a single-family home, originally two separate residences. Easily convertible back into two 2-bedroom apartments by closing the interior stairwell. Step Back in Time with This 1905 Bisbee Beauty with Views that'll Steal Your Heart! This exceptional SOLID historic 1905 two-story residence, located in the heart of Old Bisbee, offers approximately 2,550 square feet of versatile living space with superb panoramic views & privacy. A key feature of this property is its excellent potential to function as two separate homes or apartments. The second floor can be easily closed off to create an independent unit with 2+ bedrooms, 1 bathroom, and a full kitchen, while the lower floor provides its own 2-3 bedrooms /1 bathroom with space for a full kitchen - making it ideal for multi-generation living, extended family, or generating rental income in this popular tourist destination. If used as a single-family home, the space is endless. Why You'll Fall Head Over Heels: 4+ Bedrooms & 2 Bathrooms: Plenty of space for family, friends, or that eccentric artist phase you've been dreaming about. Full-size attic. Large closets and multiple pantry spaces. Several main entrances to choose from, and to help section off the floors if considering turning it into two homes/apartments. PLENTY of parking for those fabulous BBQ's! Versatile Vibes: Transform the second floor into a separate apartment with its own 2 beds, 1 bath, and kitchen - rental income or in-law suite! Close it off, and voila: two independent homes under one roof. Perfect for multigenerational living or Airbnb gold in touristy Bisbee. Bonus Fun Zones: A dedicated indoor workshop/creative space for your DIY dreams, and a game room(or extra bedroom/office/2nd living room) that's begging for ping-pong/pool tournaments, movie nights, or whatever shenanigans you cook up. Outdoor Oasis: Huge front yard - 3-car carport and covered patio with a romantic swing overlooking the mountains and the beautiful colors of Old Bisbee. That's just the start of the magic at this charming 1905 two-story gem - a historic home that's equal parts cozy retreat, adventure pad, and income opportunity! Nestled close to downtown so you or your guests can walk to all that Old Bisbee has to offer without having to get into your car. This amazing stunner isn't just a house, but a solid foundation for all of your future needs... and nestled within walking distance to downtown, where the vibes are vibrant, and you can enjoy Bisbee's artsy, eccentric spirit. Whether you're a history buff, a view junkie, or a savvy investor, this property screams "adventure awaits!" Welcome Home!

414 Tombstone Canyon, Bisbee

Courtesy of Pepper Realty. 520-360-8593

$837,500

8 Beds ⋅ 4 Baths ⋅ 7043382 MLS

An outstanding 4-PLEX in a fantastic location. All units are remodeled with high-end finishes, all new stainless steel appliances, new kitchens with granite counter tops, new bath with granite counter, new flooring, new roofs and new exterior paint. New parking slab with 4 tenant spots.

6544 N 59th Drive, Glendale

Courtesy of Bellagio Real Estate. 602-456-4167

$799,000

5 Beds ⋅ 3 Baths ⋅ 7043196 MLS

Over 2700 sq ft of livable space: A Live -Work -Play opportunity in Midtown Phoenix with proven income stream. Multi Generational Living or Student off campus housing - so many options! Built in 1920, this rare International Modern-style residence is one of Phoenix's most compelling live-work-invest opportunities. ONly $292 sq ft over 3 buildings! Nestled in the historic Longview neighborhood adjacent to the storied Idylwild Historic District and the Historic Phoenix Country Club Golf Course. The property is currently operating as a successful short-term and corporate rental, consistently booked by convention-goers and business travelers drawn to Downtown Phoenix year-round. The main house offers 3-bedrooms and 2-bathrooms with a loft (loft is only room on 2nd level) and has been thoughtfully updated while honoring its historic roots. Soaring vaulted ceilings in the great room draw the eye to dramatic skylights that flood the space with natural light, while a striking spiral iron staircase ascends to an open loft - the kind of feature guests photograph and rave about in reviews. The upgraded kitchen leans fully into the industrial aesthetic with an oversized island and breakfast bar. Updated SS appliances, vent hood and modern tile design embellish the walls with open shelving to display your prized serve ware! down the hall, the primary suite features a spanish inspired tiled bathroom with dual vanity, custom tiled shower with glass enclosure and a custom closet organizer. Pay attention to the details- wood panel trim, fun lighting, ceiling fans and an electric wall fireplace to set the ambiance and warm the room! The casita is a game changer! 2-bedroom, 1-bath casita complete with a spacious living area, oversized kitchenette with island, and in-unit laundry- everything a corporate guest needs for an extended stay. Its private entrance and front patio. A generous adjacent storage room is already primed for conversion to a 1-car garage -- just add the door. Multigen or rental investment income-the possibilities are endless! The backyard delivers the kind of wow factor that earns five-star reviews. A versatile bonus structure -- game room, she-shed, or private lounge -- features barn-door windows, a built-in bar, true indoor/ outdoor feel, dedicated A/C wall unit, and full electrical. Open it up for a festive indoor-outdoor flow or close it down for a private retreat. The covered patio ties it all together for seamless alfresco entertaining that guests will not forget. The outdoor pergola is complete with fan misting system and party lighting. Are you looking for that urban walkability? This property is walkable to public transit , restaurants and more! Surrounded by some of Phoenix's best dining, this address scores a 10 for urban living. Minutes to Downtown Phoenix's convention center and major corporate destinations, the property draws a consistent stream of professionals, event attendees, and extended-stay guests who return again and again. The adjacent Historic Idylwild Park and prestigious Historic Phoenix Country Club neighborhood and Crystal Towers Executive Condo complex adds to the area's historic prestige and curb appeal. This property practically runs itself. Its location is a short-term rental operator's dream -walkable to public transit, minutes from Downtown Phoenix's convention center, restaurants, and corporate hubs, and surrounded by the kind of historic charm that commands premium nightly rates. Vacancy is rarely a concern here. Hurry this one is a gem!

1058 E Whitton Avenue, Phoenix

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

$714,800

7 Beds ⋅ 4 Baths ⋅ 7042693 MLS

Fantastic investment opportunity in the heart of Phoenix! This unique property features two detached homes on one oversized 10,000+ square foot lot, offering immediate cash flow and future upside. The front home offers 5 bedrooms and 2 bathrooms (rented for $3,200 per month), while the second home features 3 bedrooms and 2 bathrooms (rented for $2,161 per month). Both residences have been updated with modern finishes including upgraded kitchens, remodeled bathrooms, updated flooring, and contemporary fixtures. Currently generating strong rental income with both units occupied, this property is ideal for investors seeking a turnkey addition to their portfolio. Zoned R-2 with ample land remaining, the property offers potential for additional units or future redevelopment opportunities, subject to buyer verification. Additional highlights include block construction, covered parking, multiple uncovered parking spaces, separate living areas, and a central Phoenix location with convenient access to I-10, Sky Harbor Airport, Downtown Phoenix, employment centers, shopping, dining, and entertainment. Whether you're looking to expand your rental portfolio, house hack, or capitalize on future development potential, this income producing property offers exceptional flexibility and value.

1301 E Durango Street, Phoenix

Courtesy of West USA Realty. 602-942-4200

$549,999

6 Beds ⋅ 3 Baths ⋅ 7042432 MLS

Great opportunity to buy three units, all the same size with 2 bed and 1 bath, middle unit vacant and fully remodeled including vinyl flooring, two units occupied and have tile flooring with updated kitchen and fresh paint interior and exterior. New roof and one new Ac unit. storage unit for each tenant and laundry room not in use. fence on both sides for tenants' privacy. All units have newer fixtures, and new windows. cover parking access through the alley. All units Vacant.

1132 W North Lane, Phoenix

Courtesy of RHP Real Estate. justin@teamschlegel.com

$573,000

4 Beds ⋅ 2 Baths ⋅ 7042313 MLS

Long Term Owner/Manager Pride of Ownership Duplex Close to Downtown Chandler In Residential Neighborhood. Both Units are Updated 2 Bedrooms 1 Full Bath/Tubs With Individual Laundry, Storage Rooms And Covered Parking. Above Market $1,650 2 Year Lease Just Signed For #803. Low Expenses. Roof +/- 5 Years. New Water Heater. Please Do Not Disturb Tenants. All Facts and Figures Approximate, Seller to Verify to their satisfaction.

803 E Tyson Street, Chandler

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

$260,000

6 Beds ⋅ 2 Baths ⋅ 7042128 MLS

Investment Opportunity! Well-maintained duplex offering immediate rental income with long-term, reliable tenants already in place. This property features two units: Both are 3 bedroom, 1 bath with approximately 1000 square feet. Both units are currently occupied by tenants with a strong history of on-time payments, providing a stable investment from day one. Conveniently located near shopping, dining, schools, and everyday amenities, this is a highly desirable rental area with consistent tenant demand. Easy to rent and easy to own--don't miss this excellent income-producing property!

4215 N Maverick Drive, Eloy

Courtesy of Citiea. 480-870-3119

$699,000

220223307 MLS

Check out this Chalet-style triplex with R-2 zoning offering both short- and long-term rental possibilities just minutes from downtown Ashland. Units 1 & 3 are one-bedroom, unit 2 is 2 bedroom, all units have tile flooring, a kitchen with granite countertops and breakfast bar, a full bathroom with tile shower, and generous living area. Private decks provide outdoor living space, while the upper unit enjoys spectacular views. The property includes off-street parking, one space per unit, plus basement with shared laundry facilities and additional storage. Two units are currently vacant, creating flexibility for an owner-occupant, investor, or those seeking a combination. Updates completed in 2016 include ductless heating and cooling system, electrical improvements, and interior finishes. The metal roof has been recently painted, decks have been updated and water heaters were new in '23. This is a rare opportunity to own a versatile income-producing property in a desirable location.

326 N Main Street, Ashland

Courtesy of Full Circle Real Estate

$625,000

220223296 MLS

This 5-plex near downtown Medford offers a total of 3,565 square feet and includes three 2-bedroom, 1-bath units, and two 1-bedroom, 1-bath units. Additionally, there are 3 separate garage rentals and an on-site, coin operated laundry facility for the tenants. The property sits on a .23-acre lot with parking. It has new exterior paint, all units have been updated with fresh paint and flooring, with some units receiving additional updates. The property is equipped with a sprinkler system. With its prime location, multiple income streams and a cap rate of 7.6%, this is an excellent investment opportunity.

325 W 4th Street, Medford

Courtesy of RE/MAX Platinum

$625,000

10 Beds ⋅ 6 Baths ⋅ 7041327 MLS

Excellent investment opportunity! This fully occupied, well-maintained fourplex in the rapidly growing Eloy and Casa Grande area offers immediate cash flow with tenants already in place. The property features a diverse unit mix: two 3-bed/2-bath units (950 sq. ft.) and two 2-bed/1-bath units (800 sq. ft.). Three of the four units have been beautifully upgraded with fresh paint, modern fixtures, and new carpet. Built for longevity and low maintenance, the exterior boasts a durable tile roof, convenient covered parking for residents, and a fully brick-fenced perimeter for added privacy. Perfectly positioned for long-term appreciation, this property is close to major economic drivers, including a soon-to-be-built data center that ensures continued high rental demand.

3940 N Kioha Drive, Eloy

Courtesy of Real Broker. 602-755-3415

$495,000

4 Beds ⋅ 3 Baths ⋅ 7040737 MLS

Tri-Plex in Phoenix with three rented units! There are two one bedroom one bathroomn units and a two bedroom one bathroom. Each unit has their own gated yards, living rooms, kitchens, and a paved parking area. AC units have been replaced in the last two years.

24 W Fulton Street, Phoenix

Courtesy of Realty ONE Group. 623-552-3773

$675,000

8 Beds ⋅ 4 Baths ⋅ 7040102 MLS

Fantastic investment opportunity in Central Mesa. This 4plex features all 2 bed 1 bath units with long term tenants already in place. Current rents are below market but all 4 tenants are on month to month leases, so increasing rents is possible with 30 day notices. All facts and figures approximate, buyer to verify to their satisfaction.

2216 E Broadway Road, Mesa

Courtesy of Erickson Realty Group L.L.C.. 480-497-1090

$499,900

5 Beds ⋅ 3 Baths ⋅ 7040009 MLS

LIVE FOR LESS THAN HALF PRICE! Why rent when your tenant can help pay for your home? This outstanding 2025-built duplex offers the opportunity to live in one unit while approximately $2100/month rent from the other can offset more than half your housing payment. Well-maintained and in excellent condition, each unit features wood-look tile, Samsung stainless appliances, 42'' espresso cabinetry, 2'' wood blinds, and modern finishes. Reliable tenants pay their own electric. Ample on-site parking. Also an excellent investor opportunity with approximately $34,000 annual income and an attractive 7% CAP rate. FHA, VA, conventional, cash, or 1031 buyers welcome.

1905 E Illini Street, Phoenix

Courtesy of RE/MAX Excalibur. 480-355-3500

$499,900

5 Beds ⋅ 3 Baths ⋅ 7040008 MLS

1845 E Illini Street, Phoenix

Courtesy of RE/MAX Excalibur. 480-355-3500

$489,900

5 Beds ⋅ 3 Baths ⋅ 7039988 MLS

OWN A DUPLEX WITH LITTLE OR NO MONEY DOWN! Qualified buyers may be eligible for Down Payment Assistance programs offering ZERO DOWN PAYMENT! Live in one unit and rent the other to offset your mortgage payment. FHA, VA and conventional financing available, making this an exceptional opportunity for owner-occupants and investors! Built in 2022, this well-maintained duplex is fully leased with dependable, on-time tenants. Annual income of approximately $34,000 with an attractive 7% CAP rate. Tenants pay electric; owner pays water and sewer. Both units feature wood-look tile flooring, Samsung stainless appliances, 42'' espresso cabinetry, 2'' wood blinds and contemporary finishes. Ideal for affordable homeownership or investors seeking immediate rental income. Cash and 1031 exchange buyers too

1732 E Wood Street, Phoenix

Courtesy of RE/MAX Excalibur. 480-355-3500

$575,000

6 Beds ⋅ 3 Baths ⋅ 7039964 MLS

Great investment opportunity in North/West Mesa. This trip-plex features all 2bed/1bath units with 3 covered parking spots. Building exterior just painted 06/04/2026. All facts and figures approximate, buyer to verify to their satisfaction.

1935 N Center Street, Mesa

Courtesy of Erickson Realty Group L.L.C.. 480-497-1090

$949,000

6 Beds ⋅ 6 Baths ⋅ 7039794 MLS

Turnkey income today with exceptional upside for tomorrow. This unique multifamily opportunity features 2 detached single-family homes, each leased at $2,800/mo. and designed with modern finishes that drive strong tenant demand. Tenants pay water, sewer, and electric, keeping operating expenses low while maximizing cash flow. Each residence offers 3 bed, 2.5 bath, attached 2-car garage, open living spaces, quartz countertops, stainless steel appliances, and contemporary design. Future appreciation and income potential are enhanced by the opportunity to add an ADU to each home (buyer to verify). Prime location near the Biltmore Corridor, SR-51, major employers, shopping, and dining. A rare combination of stable income, low expenses, and long-term value-add potential. Drive by only.

2324 E Oak Street, Phoenix

Courtesy of Compass. 480-776-1555

$719,900

6 Beds ⋅ 50 Baths ⋅ 7039557 MLS

Outstanding turnkey investment opportunity! One of two side-by-side duplexes built in 2025, this well-designed property features two-story 3-bedroom, 2.5-bath residences, each with a tandem 2-car garage. Fully leased and stabilized with excellent tenants paying $2,300 per month per unit. Produces approximately $43,000 in annual NOI based on trailing 12-month expenses, reflecting an attractive 6% CAP rate. FHA, VA, conventional, cash, and 1031 buyers are welcome. Investors will love the cash flow, but don't overlook the opportunity for an owner-occupant. Owner pays water only. Upgraded finishes include wood-look plank tile, Samsung stainless appliances, 42'' cabinetry, tiled shower surrounds, and dual-pane windows.

2431 E Pueblo Avenue, Phoenix

Courtesy of RE/MAX Excalibur. 480-355-3500

$719,900

6 Beds ⋅ 50 Baths ⋅ 7039540 MLS

1 of 2 side-by-side duplexes built in 2025; 2-story; 2-car tandem garage; 3-bedrooms, 2.5 baths. currently rented at $2300 per unit; Fully occupied and stabilized. Excellent tenants. 6% Cap rate; generates $43,600 per year based on trailing 12 month expenses. Owner pays water. Surprisingly high-end finishes including plank tile, stainless appliances, 42'' cabinets, dual pane windows, tiled shower surrounds. This is available by itself, or as part of a package of 8 duplexes built and owned by this seller, all occupied.. Excellent condition.

2421 E Pueblo Avenue, Phoenix

Courtesy of RE/MAX Excalibur. 480-355-3500

$530,000

6 Beds ⋅ 3 Baths ⋅ 7039047 MLS

Renovated triplex at 2620 W Pierson: 3 units (one 1-bed, one 2-bed, one 3-bed), offered at $530,000. Also available with neighboring 2616 W Pierson (MLS# 7039046) as a 7-unit package at $1,199,000. Near GCU, the freeway, shopping and other amenities; eligible for residential financing. Units renovated 2019-2020 with new sewer and water lines, upgraded electrical service, interior and exterior paint, and roof replaced in 2024. Estimated CAP rate approx. 6%. Current rent roll and T12 in the Documents tab. Buyer to verify all information.

2620 W Pierson Street, Phoenix

Courtesy of West USA Realty. 602-942-4200

$669,000

7 Beds ⋅ 5 Baths ⋅ 7039046 MLS

Four units in two buildings at 2616 W Pierson, a single-family residence plus a triplex, offered at $669,000. Also available with neighboring 2620 W Pierson (MLS# 7039047) as a 7-unit package at $1,199,000. Near GCU, the freeway, shopping and other amenities; eligible for residential financing. The single-family residence features a full-size laundry room. Units renovated 2019-2020 with new sewer and water lines, upgraded electrical service, interior and exterior paint; triplex roof replaced 2024, house roof new in 2020. Estimated CAP rate approx. 6%. Current rent roll and T12 in the Documents tab. Buyer to verify all information.

2616 W Pierson Street, Phoenix

Courtesy of West USA Realty. 602-942-4200

$2,795,087

16 Beds ⋅ 16 Baths ⋅ 7038917 MLS

Turnkey 8-unit multifamily investment in the heart of the Biltmore area. This gated community features eight large 2-bedroom, 2-bath units with vaulted ceilings, private backyards, in-unit laundry, and exterior storage. Renovated in 2020 with modern finishes including stainless steel appliances, updated cabinetry, vinyl flooring, and contemporary bathrooms. Community amenities include a dog run, picnic area, BBQ space, and desert landscaping. Prime central Phoenix location with convenient access to shopping, dining, employment centers, and major freeways. Strong long-term investment opportunity in a high-demand rental market.

4229 N 17th Street, Phoenix

Courtesy of Bellagio Real Estate. 602-456-4167

$700,000

7 Beds ⋅ 6 Baths ⋅ 7038723 MLS

Welcome to Three at Bumbalow - A Rare Triplex Investment in the Heart of Central Phoenix! Three at Bumbalow presents a unique opportunity to own a recently upgraded triplex in one of Phoenix's most sought-after and rapidly developing neighborhoods. Ideally located near downtown, major freeways, and light rail access, this property is perfect for investors seeking strong rental income or owner-occupants looking to live in one unit while renting out the others. This well-maintained property was renovated in 2023 and features three individual units: Two units with 2 bedrooms and 1 bathroom each, and One larger unit with 3 bedrooms and 2 bathrooms. Each unit has its own private entrance and offers a functional floor plan designed for comfortable living. A nice side yard adds outdoor space and potential for further enhancements, such as communal gathering areas or added amenities. Each unit is equipped with washer and dryer hookups. All the washers, dryers, and refrigerators are included in the sale and convey. The property is currently self-managed, which keeps operating costs low. This triplex is perfect for both seasoned investors and first-time multifamily buyers looking to enter the market with a well-located, income-producing asset. The units are currently rented at $2,863, $1,550, and $1,985 per month, respectively. Whether you're looking to expand your real estate portfolio, complete a 1031 exchange, or live in one unit while earning passive income from the others, Three at Bumbalow offers flexibility, stability, and upside in a prime Central Phoenix location.

2223 E Roosevelt Street, Phoenix

Courtesy of West USA Realty. 602-942-4200

$299,900

6 Beds ⋅ 4 Baths ⋅ 7038701 MLS

Great Investment Opportunity!! 2004 Built Duplex with 3 Bedroom & 2 Bath Units. There was a New Roof installed 2021 + New A/C July 2025 Unit B and Unit A Refurbished in 2023! Both Residents have Garages + Plenty of Parking. Each unit has a Large Living Room, Eat in Kitchen, and Laundry. They all offer Complete Appliance Packages, including Refrigerators, Ranges, Dishwashers and Laundry Hook Ups plus Ceiling Fans! Large Bedrooms! Large Backyards! Easy Keeper Mailbox Money!

8251 W Mystery Drive, Arizona City

Courtesy of Keller Williams Arizona Realty. 480-767-3000

$875,000

220222883 MLS

Total rents equal 5950. 6 months old/new made for the long term. Tight units easy maintenance low headaches, big storage areas. Drive by only, don't disturb tenants, can't get inside until there is an accepted offer. Rents 5950 Water 290 Trash 126 Prop Tax 466 Insurance 143 Reserves Per month 5% 250 Total Expenses 1275 NOI $4,675 X12 months = 56,100/ 900,000= 6.2 Cap

382 NE 10th Street, Prineville

Courtesy of Stellar Realty Northwest

$1,195,000

7 Beds ⋅ 4 Baths ⋅ 7038384 MLS

Investment Property special! Excellent fully occupied Multifamily 4-Plex opportunity in the most desirable rental market in Scottsdale! Unit mix consists of #1: 1 bed 1 bath unit (which can easily be converted into a 2 bed 1 bath), and #3: 2 bed 1 bath. All units have a private patio, unit B has 2 private patios. Community Laundry generates $250 monthly on average is also included in this income producing property. Located in the heart of Scottsdale, close Fashion Square, Old Town, Commuter highways, A-rated schools and more.

3108 N 68th Street Unit 1-4, Scottsdale

Courtesy of XCD Realty & Property Mgmt. 602-448-9110

$785,000

8 Beds ⋅ 8 Baths ⋅ 7038283 MLS

Seize this fantastic opportunity to own a well-located duplex close to schools, dining, highway access, and sports fields! Each unit features 3 spacious bedrooms, 2 bathrooms, neutral tones, tile flooring throughout, a laundry area, and a clean, modern kitchen with granite countertops, stainless steel appliances, and an island perfect for casual meals. Enjoy tandem covered parking for added convenience and no HOA restrictions. This property is a great option for investors or owner-occupants--live in one unit and rent the other, or explore short-term rental. One unit Airbnb-ready. Opportunities like this don't come around often. Come see it before it's gone!

1908 W Lawrence Road Unit 1&2, Phoenix

Courtesy of West USA Realty. 602-942-4200

$765,000

7 Beds ⋅ 4 Baths ⋅ 7037654 MLS

Opportunities like this are genuinely rare in central Phoenix. Situated on a nearly 8,000 square foot lot in the heart of the Encanto neighborhood, this property offers two fully separate homes, a 3-bedroom, 2-bath main house and a 4-bedroom, 2-bath guest house, each with its own living space, garden, kitchen, and entrance. Live in one and let the other help carry the mortgage. House extended family. Or lease both. The lot gives you options that most properties simply cannot. Current tenants are month to month and interested in signing year long leases. Both houses have private fenced yards with their own private grassy outdoor spaces. The front house carries the charm of its 1940 bones while delivering the comfort of a fully updated home, with granite counters, in-unit laundry, and a layout that lives larger than the square footage suggests. The back house 4 bed 2 bath is newly built in 2022 and ready for occupancy with master suite, granite counters, large bedrooms and an open floor family room and kitchen. Two homes. One address. An income stream built in from day one. The location makes both homes remarkably easy to rent and even easier to love. Downtown Phoenix is minutes away, putting Chase Field, Footprint Center, the arts district, and the city's best restaurants within a short drive or rideshare. Phoenix Children's Hospital is right around the corner, making this address a natural fit for traveling medical staff or a generational family home. There are so many options to make this property work for you!

1911 E Harvard Street, Phoenix

Courtesy of Barrett Real Estate. 480-864-2100

$347,211

220222773 MLS

Duplex with 3 bedrooms in each unit in nice condition has one side vacant purposely for ease of viewing. Unit 119 has new flooring in kitchen, newer refrigerator, window coverings and toilet. Washer dryer hook ups. Rent is $1275 and has a 1 year lease. It is managed by First Choice. Unit 121 has new paint, carpet and luxury vinyl plank flooring in kitchen and front room, new window coverings. Washer dryer hook ups. It is vacant. Roof is less than 2 years old and exterior paint is approximately 1 year old. Owner pays first $50/month of water and sewer and tenants split the residual. Tenants pay own electric. Seller includes a basic home warranty for the duplex. Come check out the vacant repainted unit before before a new tenant is placed.

121 Lincoln Street, Klamath Falls

Courtesy of Fisher Nicholson Realty, LLC

$567,500

8 Beds ⋅ 4 Baths ⋅ 7037205 MLS

Investor Special! This duplex offers 4 bedrooms, 2 bathrooms, and a 2 car garage, conveniently located near the downtown area with easy access to I-17. The property has been recently updated and sits in a high-demand location experiencing significant growth. Enjoy proximity to all that downtown Phoenix has to offer, including top restaurants, shopping, entertainment, and stadiums. An added bonus includes RV parking with a separate electrical meter, creating potential for extra rental income. This is an excellent opportunity to add to your rental portfolio, flip, or buy and hold for long-term appreciation. Please note, the property is tenant occupied--do not disturb years at no cost to the buyer or seller.

1802 W Sherman Street, Phoenix

Courtesy of eXp Realty. 602-475-9545

$299,900

11 Beds ⋅ 60 Baths ⋅ 7037076 MLS

**HOT INVESTMENT OPPORTUNITY! CURRENTLY VACANT - 4 UNITS | ~$4,800+ POTENTIAL MONTHLY RENT | MAJOR RENOVATIONS ALREADY COMPLETED!** **Investors, don't miss this Central Phoenix opportunity!** This value-add 4-unit multifamily property offers incredible income potential with most interior renovations already completed. Finish the final improvements and unlock the property's full earning potential! The owner began extensive renovations but had to relocate overseas due to family and work commitments, creating an opportunity for the next investor to complete the project. **FOUR INCOME-PRODUCING UNITS:** - **3 Bed / 2 Bath:** Spacious front unit with beautifully renovated bathrooms and private laundry room. Market rent $1,900 - **2 Bed / 1 Bath:** Rear unit with renovated kitchen (shared laundry) Market rent $1,200 - **1 Bed / 1 Bath:** Rear unit with renovated kitchen (shared laundry)Market rent $999 - **Studio:** Additional rental income opportunity. Market rent $699 All three rear units feature private entrances for added tenant privacy. **WHY INVESTORS WILL LOVE IT:** - **$4,800+ projected monthly rental income** once completed and stabilized. - Approximately **$30K-$35K in remaining improvements**, including new electrical panel, HVAC for all four units, appliances, and water heaters. - Separate electrical meters planned for individual utility billing. - Large rear storage room with additional rental income potential. - Approximately 3 onsite parking spaces plus street parking. - **Flexible purchase options!** Buy as-is or negotiate with the seller to complete improvements before closing. **PRIME CENTRAL PHOENIX LOCATION!** Convenient access to Downtown Phoenix, major freeways, employment centers, restaurants, shopping, and public transportation. **FOUR UNITS. MULTIPLE INCOME STREAMS. SIGNIFICANT UPSIDE.** Whether you're a seasoned investor or expanding your rental portfolio, this property offers an exciting combination of cash-flow potential, value appreciation, and long-term wealth building. **PRICED TO SELL -- BRING YOUR OFFER!** *Buyer to independently verify zoning, permits, unit configurations, measurements, renovation costs, rental projections, and all property information. Rental income is projected, not guaranteed.*

1220 S 10th Avenue, Phoenix

Courtesy of Kosh Realty. 602-550-4842

2709 E Willetta Street Unit FRNT, Phoenix

$884,000

5 Beds ⋅ 5 Baths ⋅ 7036877 MLS

4-unit apartment community. The front house was originally constructed in 1905, while the triplex was built in 1984 using block masonry. The property was extensively renovated in 2023, with approx $62,500 per door in capex per unit. Each unit is equipped with new in-suite washer and dryer. Upgrades include new roof, flooring, cabinets, countertops, ac units and hot water heaters for triplex, stainless steel appliances, and more. The community features a desirable mix of (1) 2-bed, 2-bath single-family home and (3) 1-bed, 1-bath units, all thoughtfully updated with modern finishes. Each unit is equipped with its own exterior storage space, private backyards and in-unit washer and dryers, and residents enjoy dedicated parking for added convenience. Each unit indiv. metered for electricity.

2709 E Willetta Street Unit FRNT, Phoenix

Courtesy of ABI Multifamily. 602-714-1400

$1,395,000

14 Beds ⋅ 7036697 MLS

The property consists of seven units, across two buildings. The front building is a single story triplex, while the rear building is a two story loft style fourplex. The property is extremely well located, being just west of ASU's Tempe Campus. The unit mix is unknown, however two tenants are long term and five are short term.

1214 S Farmer Avenue, Tempe

Courtesy of R.O.I. Properties. 602-319-1326

$350,000

4 Beds ⋅ 4 Baths ⋅ 7036021 MLS

Excellent investment opportunity! This 4-plex is ideally located near major freeways, shopping, dining, schools, and everyday conveniences, offering strong appeal for both tenants and investors. The property features four units with significant income-producing potential. While the property needs TLC, it presents an excellent value-add opportunity for investors looking to renovate, increase rents, and build equity. Whether you're expanding your portfolio or seeking a multifamily property in a highly accessible location, this property offers tremendous upside and long-term potential.

2509 E Willetta Street, Phoenix

Courtesy of Avenue Home Realty. 602-888-1272

$203,000

4 Beds ⋅ 2 Baths ⋅ 7035968 MLS

2175 Hohokam Drive, Douglas

Courtesy of Novoa Realty LLC. 520-249-0840

$800,000

12 Beds ⋅ 72 Baths ⋅ 7035349 MLS

Total 6 units of townhomes all 2 bedrooms/1.5bathroom in a community of total 99 units of Dunlap Condominiums, large 1108sqft for each unit, all units rented, each unit with Washer/Dryer, individual water heater and HVAC, Tenant pay for electricity. Average rent $1100 to 1400 for each unit in this community. HOA fee $300 each covering insurance, common area maintenance, and water, sewer, trash.

3520 W Dunlap Avenue Unit 109, Phoenix

Courtesy of Dr Win Realty LLC. 480-696-9886

$899,000

9 Beds ⋅ 6 Baths ⋅ 7034814 MLS

Rare Uptown Phoenix 4plex+ compound on one lot that runs from Coolidge to Highland. Close to a 7 CAP - 6.88 with room to raise rents. 4 units/3 buildings: 746 W Coolidge W (3 bed/2b)-1150 sf-$1500R); 746 W Coolidge E (1 bed/Studio-700 sf-$800R); 746 W Coolidge Middle House (2 bed/1b-900 sf-$1500Pro); & 915 W Highland House (3 bed/2 b-1250 sf-$1800R). 17557 sf lot (R3, runs f/ street-to-street). BONUS: 1800 +/- sf workshop attached to middle house. Huge commercial-grade steel carport. 4 big storage units. Many recent upgrades. Potential to add density or split into two lots. Opp Zone. Prime location! .5 m to Melrose District; .8 m to Brophy High School; 1.1 m to Uptown Plaza; & 3+ m to Biltmore. 7+ CAP potential. Under $225/sf-highly competitive. Seller financing considered.

746 W Coolidge Street, Phoenix

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

$669,000

8 Beds ⋅ 4 Baths ⋅ 7034632 MLS

Great investment opportunity with this value add 4 plex consisting of 2 separate buildings on a large lot with a very open and spacious community courtyard perfect for gathering, BBQ's or visiting with your neighbors. All units are 2 bedrooms with 1 bathroom and come with a separate storage/laundry room. Conveniently located for easy commute to Grand Canyon University (2 miles), downtown Phoenix, mid town Phoenix and Steel Indian School Park. Perfect investment opportunity with all tenants on a month-to-month lease ready for updating and rental rate increases.

3849 N 23rd Drive, Phoenix

Courtesy of HomeSmart. 602-230-7600

$700,000

7 Beds ⋅ 5 Baths ⋅ 7033933 MLS

This is a 5-unit apartment community with 2 separate buildings. One building is a 2bed/2bath duplex and the other is a 1bed/1bath triplex on the same parcel. Walking distance to old town Avondale! Entire exterior has been renovated with new paint and landscaping, plus roof replacement and repair, three new AC units, and updated plumbing. Finished with new quartz countertops, new cabinets, new flooring, and remodeled bathrooms. Each unit has a small courtyard with on-site laundry

231 S 1st Street, Avondale

Courtesy of Citiea. 480-870-3119

$12,500,000

80 Beds ⋅ 68 Baths ⋅ 7033508 MLS

MAJOR PRICE REDUCTION - Priced to sell at $12,500,000, just reduced $1,410,000. Rare opportunity to acquire a newly built prime multifamily investment property in the growing community of Glendale, AZ. Situated on 2.1 acres, project consists of 17 two-story duplexes, totaling 34 rental apartment units. Construction was completed in 2026. Highlights include: • Newly constructed multifamily community • 17 two-story duplex buildings with total 34 rental apartment homes • 22 - 2BR, 2BA units averaging appx. 842 SF • 12 - 3BR, 2BA units averaging appx. 1,040 SF • Situated on 2.1 acres • Separately metered utilities • Flexible terms: sell, trade, exchange. Seller can add land ready to built 30 more units in Apache Junction, AZ. Buyer to verify all property info and data before clo

6077 N 60th Avenue, Glendale

Courtesy of Keller Williams Arizona Realty. 480-767-3000

$959,000

12 Beds ⋅ 6 Baths ⋅ 7033472 MLS

Exceptional investment opportunity in the heart of Central Phoenix featuring six garden-style apartment units with an unbeatable location offering quick access to Downtown Phoenix, Arcadia, the SR-51, and Old Town Scottsdale. This well-positioned property consists of two spacious 3-bedroom/1-bath units, two 2-bedroom/1-bath units, and two studio apartments, providing a diverse unit mix ideal for attracting a wide range of tenants. Several units have been fully renovated with stylish finishes, while others have been thoughtfully updated and still offer additional value-add potential for future improvements and increased rents. Each unit offers a comfortable layout with charming garden-style appeal, creating a welcoming atmosphere for residents. Located near some of Phoenix's most Located near some of Phoenix's most popular dining, shopping, entertainment, and employment hubs, this property presents a rare opportunity for both seasoned investors and owner-users seeking strong upside potential in one of the Valley's most desirable rental corridors.

1812 N 31st Place, Phoenix

Courtesy of SRL Group. 480-612-0367

$659,000

4 Beds ⋅ 4 Baths ⋅ 7033471 MLS

An exceptional investment opportunity in the heart of Downtown Phoenix -- two 4-unit buildings offering a rare chance to own 8 total units with conventional financing eligibility. Ideally located within walking distance to Chase Field, the Footprint Center, ASU Downtown Campus, University of Arizona College of Medicine, Banner Health, and the vibrant restaurants, coffee shops, art galleries, and nightlife of Roosevelt Row. All units are currently occupied, providing immediate income potential, and have been nicely updated with additional upside for future improvements and increased rents. Each residence offers its own private patio or yard space, creating an attractive living experience for tenants, along with ample on-site parking. Positioned in one of Phoenix's fastest-growing Positioned in one of Phoenix's fastest-growing urban corridors, this property combines location, flexibility, and long-term investment potential. Whether you are looking to expand your portfolio or secure a prime multi-family asset in Downtown Phoenix, this is an opportunity not to miss

1533 E Adams Street, Phoenix

Courtesy of SRL Group. 480-612-0367

$659,000

4 Beds ⋅ 4 Baths ⋅ 7033470 MLS

An exceptional investment opportunity in the heart of Downtown Phoenix -- two 4-unit buildings offering a rare chance to own 8 total units with conventional financing eligibility. Ideally located within walking distance to Chase Field, the Footprint Center, ASU Downtown Campus, University of Arizona College of Medicine, Banner Health, and the vibrant restaurants, coffee shops, art galleries, and nightlife of Roosevelt Row. All units are currently occupied, providing immediate income potential, and have been nicely updated with additional upside for future improvements and increased rents. Each residence offers its own private patio or yard space, creating an attractive living experience for tenants, along with ample on-site parking. Positioned in one of Phoenix's fastest-growing urban corridors, this property combines location, flexibility, and long-term investment potential. Whether you are looking to expand your portfolio or secure a prime multi-family asset in Downtown Phoenix, this is an opportunity not to miss

1529 E Adams Street, Phoenix

Courtesy of SRL Group. 480-612-0367

$635,000

220222128 MLS

Fully Occupied, 5 unit property! Don't miss this turnkey investment opportunity offered at $669,900 with a total gross rent of $74,856 and net income of $47,500.36. This property features a total of 5 units spread across two distinct buildings on a single .18-acre tax lot zoned SFR-10. The property has a total building space of 7,841 square feet. Don't let the age of this home scare you, the updates on both structures have been extensive. There is a two-story triplex with 3 units and a separate two-story duplex where each floor serves as its own individual unit; the buildings also feature separate power meters and their very own private laundry facility located onsite. Total gross rental income at a monthly rate for $6,238.

60 N Orange Street, Medford

Courtesy of John L. Scott Medford

$360,000

220222016 MLS

Situated in the heart of downtown Grants Pass, this well-maintained duplex offers an excellent blend of comfort, versatility, and investment potential. Each thoughtfully designed unit features two bedrooms, one bathroom, and a private fenced outdoor space - highly desirable amenities for today's renters. Currently occupied by long-term month-to-month tenants, the property provides immediate income potential with flexibility for future plans. Whether you are seeking to grow your investment portfolio or own a property with established rental appeal, this duplex presents a valuable opportunity in a prime location near shopping, dining, and everyday conveniences.

703 NW 2nd Street, Grants Pass

Courtesy of Century 21 JC Jones American Dream

$629,000

4 Beds ⋅ 2 Baths ⋅ 7032235 MLS

Side B has been completely renovated with all new appliances (refridgerator,stove,microwave,dishwasher) Brand New AC, New Heater, New hot water heater, New faucets with shut off valves. Side B is vacant on purpose, easy to show, on lock box. Do not disturb Side A tenants side A can be viewed during inspection period. Side B has tile floor coverings throughout. Side A has carpet, tile and laminate floor coverings. Owner may carry with 25 percent down, balance amortized over 30 years at 8 percent interest per annum all due and payable 5 years from close of escrow. Seller is a AZ licensed Real Estate Broker Seller will consider interest only payments ,submit offer

7144 E Thrush Lane, Prescott Valley

Courtesy of Black Canyon & Investments. 928-759-9094

$450,000

1 Beds ⋅ 1 Baths ⋅ 7031135 MLS

Historic 1906 Gem in the Heart of Bisbee with Mixed-Use & Residential Potential Located in the Bisbee Historic District--a designated National Historic Landmark--this two-story brick building captures the essence of Bisbee's rich mining-era heritage while offering exceptional flexibility for investors, creatives, entrepreneurs, or those seeking a truly unique residence. Featuring a recessed entry and arched second-story windows with decorative radiating voussoirs, the architecture reflects the timeless character of Old Bisbee during its peak mining years. Zoned CM-2, the property allows for both commercial and residential uses, opening the door to a variety of possibilities including live/work space, boutique lodging, artist lofts, gallery space, residential conversion, or mixed-use income production. The building offers approximately 733 sq. ft. per level, plus a basement, creating three distinct opportunities within one remarkable property. Main Level - Retail / Commercial / Creative Space A vibrant street-level storefront currently occupied, providing immediate income with potential upside through future rent increases or adaptive reuse. Positioned on bustling Main Street, this space enjoys strong visibility, foot traffic, and long-term appeal for retail, studio, café, gallery, office, or live/work concepts. Second Level - Residential / Short-Term Rental The upstairs level is currently configured as a fully furnished Airbnb-style unit featuring an open, airy ambiance with stylish décor that conveys with the sale. Guests enjoy picturesque Main Street views, making this a highly desirable short-term rental. Alternatively, the space could easily serve as a private residence, artist loft, or owner-occupied living quarters above the commercial level below. Basement - Speakeasy / Studio / Expansion Opportunity Featuring beautiful brick floors and historic character, the basement is currently used for storage but offers compelling adaptive reuse potential. Ideal for a speakeasy, wine bar, art studio, workshop, boutique retail, lounge, or additional residential expansion, this level adds significant value-add opportunity rarely found in historic downtown properties. Investment & Lifestyle Appeal With multiple income streams, flexible CM-2 zoning, and residential potential, this property appeals to both investors and lifestyle buyers seeking an authentic Old Bisbee experience. The combination of historic architecture, tourism-driven demand, walkability, and adaptive reuse possibilities creates a rare opportunity to own a true piece of Bisbee history while unlocking substantial future upside. Whether envisioned as an investment property, boutique mixed-use project, live/work residence, or creative retreat, this property blends timeless character with modern flexibility in one of Arizona's most unique and culturally rich communities. Don't miss the opportunity to own a landmark property in the heart of Old Bisbee--with built-in charm, income potential, and endless possibilities.

41 Main Street, Bisbee

Courtesy of Tierra Antigua Realty, LLC. 520-439-8888

1718 E Campbell Avenue Unit Multi#, Phoenix

$2,915,000

22 Beds ⋅ 22 Baths ⋅ 7030971 MLS

*OWNER WILL FINANCE AT 4.25%, 7.5 YEAR BALLOON. ASK FOR DETAILS* Positioned at 16th St & Campbell Avenue, this portfolio presents a rare opportunity to acquire 11 well located 2-bedroom, 2-bathroom condominium units in the heart of Phoenix's prestigious Biltmore corridor. Located just a short walk from the AZ Biltmore and surrounded by premier shopping, dining, golf, and outdoor recreation, the property offers investors a highly desirable location w/enduring tenant appeal. *The offering consists of 10 units w/2-beds, 2-baths w/852 sf in the 85016 zip code, along w (1) additional 2-bed, 2-bath unit w/896 sf in the 85015 zip code. Residents benefit from a professionally managed HOA that handles the exterior maintenance, roof repairs, sewer service, trash collection & common area maintenance Inquire within for the ''Offering Memorandum''.

1718 E Campbell Avenue Unit Multi#, Phoenix

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

Start Your Search

Prev
1
...
7
8
9
...
11
of 11
Next

The data relating to real estate for sale on this web site comes in part from Information and Real Estate Services, LLC under IRES Rules © Copyright IRES, and is provided for limited non-commercial use. Information is provided exclusively for consumers' personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are included in this site and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.
Information deemed reliable but not guaranteed by the MLS
Listing data last updated:

Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this web site comes in part from the Internet Data Display (IDX) of the Southern Oregon Multiple Listing Service. Real estate listings held by brokerage firms other than our company are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information subject to change and should be independently verified. Last updated:

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Calico Ridge Multi-Family Properties for Sale

Newest Calico Ridge Multi-Family Homes for Sale

How much is your home worth?

How much is your home worth?