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$598,000
8 Beds ⋅ 8 Baths ⋅ 6855967 MLS
Fourplex FOR SALE in the heart of North Phoenix just minutes from the Desert Ridge Marketplace, SR 51, local schools and parks, shopping, and many other attractions. This deal perfect for an occupant! VA ASSUMABLE loan, see remarks. The unit mix is: one 1bed/1bath unit, one 2bed/2bath unit, one 2bed/1.5 bath TH style unit, & one 3bed/3bath unit. All units have generous square footage along w/ W/D hookups. Each unit has outdoor space w/ either a ground level patio or a balcony. Monthly HOA dues INCLUDE: common area maintenance, landscaping, community pool, parking enforcement, & gated access w/ fob entry. 3 of 4 units occupied w/ good paying tenants, all MTM. DO NOT Disturb Tenants. Drive By ONLY. See documents tab, rents in attachment & listed in MLS are actual. Indiv. metered for water.

2844 E Monte Cristo Avenue, Phoenix

Listing courtesy of ROI Asset Management Solutions.

$325,000
390043667 MLS
On approved credit seller will carry with low interest rate & large down payment! Close proximity to Brownlee Reservoir, Elkhorn Mountains and Eagle Cap Wilderness for nearly limitless Four Season recreation. Bass & Crappie fishing is picking up now. Keep one for your recreation retreat and rent the other five units! One 2 bedroom, Two Studio units & Three 1 bedroom units. City hookups approved for two RV pads (buyer to reapply) or use the vacant lot to add a new duplex. Structurally add a firewall and the engineering is in process to add two residential units in the existing structure. This is a well-cared for complex that has 4 storage container rentals, each generating an additional $65/ month. Laundry room with washer & dryer. Three power meters (owner working on separating the three south unit's power meters) and natural gas. All units have been updated and seller will include all materials on-site (sheet rock, paint, toilet, etc.) to complete the #6 & #8 bringing total to 8 units. Unit square footages will be updated later this week but for now the square footage of the unfinished 7th & 8th units and the laundry area are added into the existing units which makes the individual unit square footage inaccurate. Owner pays Natural Gas & Idaho Power on 5 of the six finished units with only unit #1 paying their owner power & gas. Qualified buyers only. The 2025 Baker County tax amount is with the 3% discount: $2,157.66 for all three tax lots.

205 W ADAMS ST, Huntington

Listing courtesy of Mel Beck Real Estate.

$1,999,950
781370384 MLS
Exceptional 5-Bed Adult Care Home Business in SW Portland (9 Total Bedrooms)Located in a peaceful residential neighborhood in Southwest Portland, this well-established adult care home presents a rare opportunity for an experienced healthcare operator to acquire a profitable and fully licensed residential care business.This turn-key operation provides both quality care in a home-like setting and consistent financial performance. The home operates under a specialized needs contract and has a proven history of generating strong income. Updated 2025 financials (with adjusted owner-specific expenses) are available for review with a signed NDA, giving qualified buyers a clear picture of cash flow potential.The sale includes: • The residential property (9 bedrooms in total; 5 licensed for residents, the remainder used for staff and operations) • The established business entity with over a decade of operating history • A current DHS license, allowing the new owner to continue operations without interruptionThe seller will ensure a smooth transition, including full support with licensing, compliance, and operational handoff.Buyer Requirements: To maintain licensing and ensure continuity of care, buyers must have at least 2 years of verifiable healthcare industry experience.This is an outstanding opportunity to step into a thriving care home business with immediate income, established systems, and long-term growth potential. Ideal for healthcare professionals or operators looking to expand in the Portland metro area.Serious inquiries only. Updated business financials and operating details will be provided to qualified buyers with a signed NDA. Buyer to conduct own due diligence.

8955 SW CLUB MEADOW LN, Portland

Listing courtesy of eXp Realty, LLC.

$530,000
484809831 MLS
Charming Townhouse-Style Triplex! 15,17,19 are the unit #'s. Each spacious unit features cozy fireplaces, in-unit washer & dryer hookups, and private back patios—perfect for relaxing or entertaining. Conveniently located just minutes from the MAX station and shopping, this property offers excellent accessibility and appeal for renters or owner-occupants alike. A fantastic investment opportunity in a prime location! 5.96 RATE CAP! Do NOT Disturb the tenants

15 NE 127TH AVE, Portland

Listing courtesy of Kevin Morris Realty.

$664,500
518414587 MLS
Motivated seller. Price greatly reduced. Ocean view duplex located in the Road’s End area of Lincoln City, with nearby public beach access. This property offers the opportunity for coastal income, or the option to occupy one unit and rent the other.The property is currently operated as a rental with an approximate 6.6% cap rate. The lower unit features two bedrooms and one bathroom, while the upper unit includes one bedroom and one bathroom.Conveniently located less than a mile from grocery stores, shopping, banks, and entertainment. All showings are by appointment only. Please do not disturb tenants.The property has a recorded view easement in place, preventing any structure from being built above the current height.One of the sellers holds an active real estate license in the state of Oregon."

5218 NW JETTY AVE, Lincoln City

Listing courtesy of Taylor & Taylor Realty Co..

$284,000
220198381 MLS
Back on the market and ready for a new owner! Here's a solid investment opportunity in the charming town of Merrill, Oregon. This rare duplex offers two separate units, each with its own address and layout. 425 W 1st St (3 Bed / 1 Bath): This larger unit features three bedrooms, a recently remodeled bathroom, and a comfortable living space with two fireplaces. You'll also find a spacious mudroom, dedicated laundry room, cozy living area, and a fenced backyard ideal for outdoor use or gardening. 131 N Polk St (2 Bed / 1 Bath): This unit offers two bedrooms, one bathroom, and convenient garage access. The interior has an unexpectedly spacious feel with two separate living areas, allowing flexibility for tenants, guests, or home office space. Recent improvements include a new roof (2013), updated energy-efficient windows (2014), fresh exterior paint (2022), and new flooring in the two-bedroom unit. The property is currently fully occupied, making this a great investment opportunity.

425 W 1st Street, Merrill

Listing courtesy of Fairfield Realty.

$1,350,000
15 Beds ⋅ 25 Baths ⋅ 6841463 MLS
This exceptional real estate opportunity consists of three parcels featuring two duplexes, three single-family homes, and a garage. A significant portion of the land remains vacant, offering ample space for future development. The property is zoned for multi-family use, proving potential for growth and expansion in a desirable area. This versatile investment is perfect for developers or investors looking to capitalize on the thriving local market. Don't miss the chance to explore the possibilities this property has to offer!

11507 N 79th Drive, Peoria

Listing courtesy of eXp Realty.

$500,000
341049129 MLS
Clatskanie is one of the oldest communities west of the Rockies. With a population of 1700, a sense of community still prevails. Although small in population, the town has all amenities one could ask for: a public pool, tennis courts, a variety of restaurants and coffee shops. Explore the town and you will find one of the most modern campsites in PNW. The proximity to local rivers provides year-round tourism. This multi-use property supports 4 apartments and one commercial space. The commercial space located midway between Longview and Astoria has direct exposure to all traffic flow. The building has enjoyed a strong rental history of many years.

29 S NEHALEM ST, Clatskanie

Listing courtesy of Popkin Real Estate, LLC.

$899,900
612475903 MLS
Amazing opportunity on this mixed-use classic in niche NW Portland Neighborhood zoned CM3! The property would be great used as a Live/Work space, duplex for residential or investment for both residential AND commercial. The main level is used as office space with great flow and both community space and private office. The upstairs apartment is light-filled and open with 4 bedrooms, 2 bathrooms and an open floor plan. To top it all off, there is hard-to-find INTERIOR parking for up to 6 cars for the resident...or rent it out as a separate space! Tons of potential and close to everything! Great access to shopping, NW 23rd, restaurants, freeway access, parks, downtown and endless entertainment. Don't miss your chance to invest in NW!

821 NW 16TH AVE, Portland

Listing courtesy of Bison Properties.

$589,000
708647665 MLS
OWNER WILL SHORT TERM CARRY. Stunningly Remodeled Duplex with Breathtaking Bay Views in Coveted Telegraph Hill location! Fully remodeled inside and out. Upper unit offers 3 bedroom and 3 full baths, attached garage and exceptional views perfectly positioned on a prime corner lot with ample parking. Lower unit offers 1 bedroom, 2 baths with its own private drive and covered carport. Perfect for muti-generational family, rental income or investment property! Call today to schedule your private showing.

546 W FIR AVE, Coos Bay

Listing courtesy of Pacific Coast Real Estate & Development, LLC.

$619,000
8 Beds ⋅ 7 Baths ⋅ 6833578 MLS
Great investment opportunity or Live in separate house and rent the triplex. Free standing 2 bedroom 1 bath home with a triplex behind home. Each apartment is 1 bedroom and 1 bath.

1449 E Fillmore Street, Phoenix

Listing courtesy of American Realty Brokers.

$2,170,000
382442110 MLS
Modern 6-unit investment in prime Arbor Lodge location! 100% occupancy rate. Close to the MAX Yellow Line and major transit routes, this rare multi-fam investment boasts high desirability for those seeking urban convenience. Built in 2019, this building boasts energy-efficient construction, luxury details and thoughtful amenities throughout. EnergyStar rated appliances, quartz and marble finishes, luxury vinyl plank flooring, washer and dryer in every unit, built-in dishwashers and microwaves, Navien tankless water heater, Daikin mini-split heat & AC, and secure front door and gate entries. Second and third floor units have attached decks while ground level units #101 and #102 offer both front patios and backyard space. One unit is ADA-compliant. Close to University of Portland, Adidas headquarters, Peninsula Park & Kenton District, New Seasons Market and more! Don't miss this chance to invest in this desirable North Portland neighborhood.

7070 N MONTANA AVE, Portland

Listing courtesy of Keller Williams Sunset Corridor.

$879,950
391983159 MLS
SELLER IS OFFERING A SUBSTANTIAL INTEREST RATE BUY-DOWN. LAST HOME AVAILABLE! Fantastic Live/Rent option or rent both units! This exquisite brand-new home with warranties features 3 bedrooms and 2 1/2 baths in the primary home, plus an additional 2 bedrooms, full bath, and full kitchen in a lower-level ADU with a separate entrance. Quality construction, sensible design, and stunning finishes set this home above the rest! This home is flooded with natural light and showcases high-end finishes and modern amenities throughout. Enjoy an entertainer’s kitchen with elegant quartz countertops. The spacious primary bedroom boasts a walk-in closet and a stylish en-suite bath. Consider the possibilities of the ADU… nearly identical ADU's nearby rent for $1800 and $2000/month. Renting the ADU for $1,800 per month could reduce the monthly cash-outflow for your mortgage to less than $2,000, excluding insurance and property taxes (Estimate assumes Seller Rate buydown and depends on credit, down payment, etc.) Owner will also be able to deduct depreciation, maintenance, taxes and insurance costs associated with the ADU (e.g. Please see your Accountant or Tax Expert for specific information). Or you could utilize the space for multigenerational living or as a work-from-home option. Explore the neighborhood and try some of the many outstanding dining and shopping options at your fingertips. Energy efficient? Yes! Home Energy Score is a perfect 10!

2458 SE CORA ST, Portland

Listing courtesy of Windermere Realty Trust.

$409,900
220195703 MLS
This unique property features two separate bungalow-style homes on one lot, each with private entrances and no shared walls—ideal for families or investors. Both homes have been fully remodeled with fresh paint, new flooring, and updated kitchens with modern countertops and cabinets. The first unit is 640 sq. ft., 2 bed/1 bath, currently rented at $1,200/month with a lease through 1/31/2025. The second unit is 744 sq. ft. and rented at $1,295/month. Recent updates include tree pruning to meet insurance requirements, new weed control, and fresh bark in the front yard. Conveniently located near schools, transit, medical care, and shopping, this property offers flexibility and income potential. A fantastic opportunity for a homeowner seeking rental income or an investor looking for steady returns!

502 Benson Street, Medford

Listing courtesy of Real Broker.

$825,000
596525215 MLS
Prime Location in the Heart of Portland’s SW Hills — This stunning home offers top-tier schools and exceptional flexibility, perfect for multigenerational living, a home office, Airbnb potential, or an in-law/nanny suite. Situated on a low-maintenance lot surrounded by trees and territorial views. The main part of the house features six bedrooms, four full bathrooms, a bonus room, a family room with a fireplace, and a spacious kitchen with an adjacent dining room. The lower level unit has a separate entrance, full kitchen, dining area, laundry room, spacious living room with a fireplace, two bedrooms, and one full bathroom. Recent updates include New paint inside and out, kitchen, appliances, light fixtures, carpet, refinished wood floors, a new furnace, and a mini-split. This home is minutes from restaurants, PSU, and downtown Portland and only a short walk to OHSU and Marquam Nature Park.

3412 SW 13TH AVE, Portland

Listing courtesy of Keller Williams Realty Professionals.

$4,950,000
352831896 MLS
Rivett on 5th & Main is the newest mixed-use development in the Eugene/ Springfield metro area. Just finished in December of 2024, it features 12 townhouse style apartments on the second floor, two retail spaces and one live/work unit. Architecturally designed with top-of-the-line amenities. 10 year property tax freeze on apartments (excludes commercial units.) Lease up has just begun and at the asking price, Seller will lease back any apartment unit that is not leased by closing.

488 Main ST, Springfield

Listing courtesy of Windermere RE Lane County.

$1,334,000
5 Beds ⋅ 4 Baths ⋅ 6810283 MLS
Welcome to this beautifully remodeled 4-plex located in the heart of vibrant Midtown Phoenix, currently operating as a successful CASH FLOWING Airbnb! Each unit has been thoughtfully updated with modern finishes while maintaining the charm of the original architecture. The spacious and well-maintained grounds offer ample parking and a community courtyard for relaxation. The location is ideal for short-term rentals, with close proximity to downtown Phoenix, popular local eateries, art galleries, and public transit. Whether for long-term tenants or vacationers, this 4-plex provides high rental demand in one of the city's most desirable areas.Currently being utilized as a successful Airbnb, this property generates consistent income with a strong track record of bookings, making it a perfect investment opportunity. Gross Profits for 2024 were $121,606, additional opportunity to potentially add additional units, single level, No HOA, LOW TAXES of $1490 for 2024. Biltmore/Arcadia Adjacent! ALL FURNITURE IS INCLUDED! Shared laundry on site! Don't miss out on this exceptional property in one of Phoenix's most sought-after neighborhoods!

939 E Turney Avenue, Phoenix

Listing courtesy of AZREAPM.

$2,875,000
490880303 MLS
Built in 2021, all units are rented/leasing, slab granite countertop, stainless steel appliances, laminate flooring, write offer subject to interior inspection, near bus line, and transit center. tenants pay for their utilities, owner maintaining the landscaping, and recycle/garbage. NOTE: interior pictures taken when building completed in late 2021.

9757 SE HOLGATE BLVD, Portland

Listing courtesy of Windermere Community Realty.

$475,000
28 Beds ⋅ 42 Baths ⋅ 6800371 MLS
Prime location for development! This large lot is located in the Phoenix Opportunity Zone and is near the light rail expansion in South Phoenix. It currently includes residential buildings and is zoned for high-density, multi-family. Approved site plans for seven to fourteen townhomes are included for 3-story townhomes and common area. Each unit features 2 bedrooms, 2.5 baths, a tandem 2 car garage and balcony. Conveniently situated close to both the I-10 and I-17, the property lies between South Mountain Park and downtown Phoenix, offering easy access to outdoor activities, events, shopping, dining, and effortless commuting throughout the valley.

3638 S 12th Street, Phoenix

Listing courtesy of My Home Group Real Estate.

$875,000
24068858 MLS
**Investor Opportunity | Fully Occupied 4-Plex | Strong Cash Flow | Turnkey Asset**Expand your investment portfolio with this **fully leased, professionally maintained 4-plex** in the desirable Parkrose neighborhood of Northeast Portland. Built in **2005** and substantially updated in **2014**, this low-maintenance asset offers the combination every investor is looking for—**stable rental income, modern construction, and long-term appreciation potential.** Each of the four spacious units features **2 bedrooms, 2 full bathrooms, approximately 900 square feet**, open-concept living, washer/dryer hookups, dedicated storage, and private outdoor space. Lower units enjoy **fenced backyards**, while upper units offer **both front and rear balconies**, creating strong tenant appeal and supporting long-term occupancy. Currently generating **$73,920 in annual gross income** with an estimated **$52,920 net operating income**, this investment offers immediate cash flow with additional upside as rents continue to strengthen in the Portland market. Tenants pay their own utilities while owner expenses remain manageable, making this an ideal asset for both experienced investors and those seeking a quality addition to a growing portfolio. Situated on a level lot with off-street parking, fiber cement siding, forced-air gas heat, public utilities, and contemporary construction, this property is designed for durability and reduced maintenance. The convenient location provides quick access to I-205, Portland International Airport, public transportation, shopping, dining, parks, and major employers—features that continue to attract quality tenants year after year. Whether you're completing a 1031 Exchange, building passive income, or looking for a stable multifamily investment with proven occupancy, this property delivers the fundamentals that matter: strong cash flow, desirable unit mix, modern construction, and lasting investment potential.**Please do not disturb tenants**

4724 NE 101ST AVE, Portland

Listing courtesy of All Professionals Real Estate.

$575,000
24048520 MLS
Seize the opportunity to own a well-maintained duplex in the heart of Astoria, one of the Pacific Northwest’s most charming coastal towns. This property boasts two spacious units, each offering 3 bedrooms, 1.5 bathrooms, and a versatile two-story layout with a basement. Unit 811 has been tastefully remodeled, adding modern appeal to its classic charm. Perched to capture views of the iconic Columbia River, both units are fully occupied, providing a dependable income stream for the next savvy investor. Ideally situated just blocks away from Astoria’s vibrant downtown and waterfront, this duplex blends convenience with lifestyle, offering proximity to shops, dining, and cultural landmarks. Member of selling entity is a licensed real estate agent in Oregon.

811 FRANKLIN AVE, Astoria

Listing courtesy of SMI Commercial Real Estate LLC.

$249,000
220193266 MLS
Investment opportunity! Single level duplex features 3 bedroom 1 bath and 1 bedroom 1 bath. Each with washer and dryer hookups. Spacious and fenced back yards with off-street parking. Units are in good condition, but would welcome some fresh updates.

252 5th Street, Glendale

Listing courtesy of Windermere Van Vleet & Assoc2.

$899,900
20 Beds ⋅ 20 Baths ⋅ 6785949 MLS
EXCEPTIONAL INVESTMENT OPPORTUNITY IN PRIME LOCATION! This 17-21 unit, two-story property, built in 1952, offers an outstanding value-add opportunity for savvy investors. The unit mix includes 17 studio apartments, a manager's quarters, and a front office. With interiors currently vacant and ready for renovation, this property is a blank canvas awaiting your vision. PRIME LOCATION ADVANTAGES: Strategic Access: Situated near US 60/Grand Avenue with easy connections to I-10, I-17, and Loop 202 for seamless commutes across the city. FUTURE GROWTH POTENTIAL: A planned light rail extension along Van Buren will place this property in a key transit-oriented area, enhancing accessibility and desirability. CONVENIENT PROXIMITY:Located just one mile west of downtown Phoenix and minutes from Phoenix Sky Harbor Airport, this property is ideally positioned for tenants seeking urban convenience. While the property requires a full remodel to address deferred maintenance, its competitive list price reflects its incredible upside potential. This is your chance to reimagine and revitalize a property in a thriving area with high rental demand. Visualize the Potential: To help showcase the property's possibilities, the listing may include virtually renovated photos, giving you a glimpse into how this space can be transformed into a modern, income-generating asset. Don't let this rare investment opportunity slip awayact quickly, as it won't last long!

1945 W Van Buren Street, Phoenix

Listing courtesy of JM Realty.

$499,000
24387918 MLS
Classic mid-century duplex located in the heart of NE Portland, offering timeless design and solid bones. This well-maintained property features two occupied units, each offering 2 bedrooms and 1 bathroom, along with a private one-car garage per unit and in-unit washer and dryer — a highly desirable combination for long-term tenants. Built with the durability and simplicity that define mid-century construction, this duplex offers a generous layout, a functional floor plan. While the property could benefit from some cosmetic updates and light TLC, the fundamentals are in place — presenting an excellent opportunity for investors to enhance value through thoughtful updates over time. Each unit is 2 bedroom, 1 bathroom with it's own 1 car garage- a rare but desirable find. Trustee is a licensed Real Estate Agent in Oregon. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10242484]

1704 NE 81ST AVE, Portland

Listing courtesy of eXp Realty, LLC.

$1,090,000
24611974 MLS
They don’t build opportunities like this very often anymore. Tucked right into the beating heart of Northeast Portland, this solid six-plex has been quietly doing its job for years. You’re close enough to walk for coffee, catch the bus without thinking about it, grab dinner down the street, or hop on the highway when life calls you elsewhere. Each of the six one-bedroom homes is simple, comfortable, and practical, with on-site laundry and personal storage that tenants appreciate more than you’d think. It’s the kind of place you buy, take care of, and pass down, knowing it’ll keep working long after the ink dries. No sign present on the property. Do Not Disturb Tenants. Seller is an Oregon Licensed Realtor and Trustee to property. [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10242478]

1805 NE 8TH AVE, Portland

Listing courtesy of eXp Realty, LLC.

$1,068,900
24376013 MLS
This is the kind of place that makes you smile when the rent checks come in. One solid little house and a hardworking triplex, all sitting together on one tax lot, quietly doing what good property is supposed to do—pay you back from day one. It’s fully rented, well cared for, and already cash flowing, so there’s no scrambling or guessing when you take the keys. The numbers pencil out, the location keeps tenants happy, and there’s room to grow as time goes on. Live in one and let the others help pay the mortgage, or tuck it into your portfolio and let it do its thing year after year. Trustee is a licensed Real Estate Agent in Oregon [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10242480]

2309 SE 90TH AVE, Portland

Listing courtesy of eXp Realty, LLC.

$2,099,900
24196384 MLS
This meticulously maintained 6-plex offers a fantastic investment opportunity in an unbeatable location, just 0.3 miles from vibrant coffee shops, grocery stores, restaurants, and parks. With an impressive 89 BikeScore and easy access to I-84, tenants will enjoy the best of both convenience and connectivity. Each unit features spacious 2-bedroom, 2-bathroom layouts with open-concept floor plans that are flooded with natural light. Expansive windows and soaring ceilings create an airy, modern living space that is perfect for today's lifestyle. The generously sized living rooms flow effortlessly into the sleek kitchens, which showcase warm cabinetry, stainless steel appliances, and tasteful tile accents. A full bathroom with a walk-in shower is conveniently located on the main floor. Upstairs, both bedrooms offer plenty of space and are complemented by a charming bathroom with a luxurious soaking tub. Each unit includes a private, fenced yard space—ideal for outdoor enjoyment or relaxation. With a 1-year builder warranty in place, you can have peace of mind. Whether you're looking to expand your portfolio or secure a long-term, low-maintenance rental property, this 6-plex offers an exceptional combination of location, quality, and rental appeal. Don't miss this rare opportunity!

1318 NE 46th AVE, Portland

Listing courtesy of Keller Williams Realty Portland Premiere.

$875,000
24285847 MLS
Unlock the ultimate coastal investment with this versatile duplex, perfectly positioned to capture both the soothing white noise of the surf and a steady rental stream. Just a stone’s throw from the beach via a convenient trail, this property is a premier find for savvy investors or anyone seeking a coastal home with built-in income potential. With transferable short-term rental permits for each unit, this property is ideal for those seeking a prime coastal location. Each unit features four spacious bedrooms and three full bathrooms, providing ample space for your family or guests. With plenty of parking available, you can easily explore the beach or nearby attractions. The property also enjoys a unique touch of local history, as the Oregon Coast Scenic Railroad occasionally passes by on the tracks out front. These vintage tourist trains run only on a limited, seasonal schedule, offering a charming and nostalgic sight rather than the activity of a standard commercial line. It’s a delightful, "only-on-the-coast" feature that adds a bit of whimsical character to an already standout property. Approximately 90 minutes from PDX, this duplex presents a fantastic chance to capitalize on the growing demand for coastal real estate.

107/109 NW 22ND AVE, Rockaway Beach

Listing courtesy of Coldwell Banker Professional.

$625,000
5 Beds ⋅ 5 Baths ⋅ 6770097 MLS
5-UNIT VALUE-ADD INVESTMENT OPPORTUNITY | $625,000 | Approx. $125,000 Per Unit Small portfolio. Big opportunity.Terrace, offering investors an opportunity to acquire a manageable workforce housing portfolio with future flexibility. Each residence is a 1-bedroom plus den / 1-bath floor plan (the den functions as a bedroom but does not have a window) and includes its own washer and dryer. Priced at $625,000--approximately $125,000 per unit--this portfolio is well suited for investors looking to expand an existing rental portfolio or establish a meaningful presence in the Phoenix workforce housing market.The projected income profile offers attractive risk-adjusted return potential for investors who understand value-add opportunities and active portfolio management.This is an unwarrantable condominium community, making conventional residential financing challenging. The ideal purchaser will utilize commercial financing, cash, a 1031 Exchange, private capital, or other investment strategies appropriate for this type of asset. Investment Highlights: Individually deeded condominium ownership allowing future resale flexibility. Professionally managed HOA. Renovated units with in-unit washer and dryer. Strong workforce housing demand in North Phoenix. Covered parking, community pool, on-site management office, barbecue area and convenient freeway access. Attractive entry point at approximately $125,000 per unit. This portfolio offers investors an opportunity to own income-producing real estate with operational upside while maintaining a manageable five-unit footprint. If you're looking for a pristine institutional asset, this isn't it. If you're looking for cash flow, upside, and know how to operate Class C workforce housing, let's talk.

18202 Cave Creek Road Unit 5 units, Phoenix

Listing courtesy of Coldwell Banker Realty.

$2,125,000
29 Beds ⋅ 29 Baths ⋅ 6770068 MLS
17-UNIT VALUE-ADD WORKFORCE HOUSING PORTFOLIO | $2,125,000 | Approx. $125,000 Per Unit. Not every investor is the right buyer for this portfolio and that's exactly the point. This 17-unit workforce housing portfolio consists of individually deeded condominium units within Mountain Springs Terrace and is being offered as a single investment opportunity. The portfolio includes eleven 2-bedroom plus den/2-bath units, five 1-bedroom plus den/1-bath units, and one 3-bedroom/1-bath unit. (The den functions as a bedroom but does not have a window.) Offered at $2,125,000 approximately $125,000 per unit this is a value-add opportunity designed for investors who understand cash flow, operational improvements and long-term appreciation rather than turnkey perfection. The projected income profile offers the type of risk-adjusted return experienced investors often seek in workforce housing assets, recognizing that stronger returns typically accompany opportunities requiring active ownership and thoughtful management. This is an unwarrantable condominium community, making conventional residential financing challenging. The ideal purchaser will be an experienced investor utilizing commercial financing, cash, a 1031 Exchange, private capital, or other investment strategies appropriate for this asset class. Many units have been renovated over time, and every residence includes its own washer and dryer an amenity that continues to attract long-term tenants. The community offers covered parking, a swimming pool, on-site management office, barbecue area, and convenient access to major employment corridors, shopping, Loop 101, SR-51, and public transportation. Investment Highlights: Individually deeded condominium ownership providing long-term ownership flexibility and multiple future exit strategies. Professionally managed HOA. Continued capital improvements and ongoing maintenance demonstrate proactive ownership. Strong demand for workforce housing in an established North Phoenix rental market. Every residence includes an in-unit washer and dryer. Attractive basis at approximately $125,000 per unit. This is not a passive investment. It is a portfolio built for investors who understand Class C workforce housing, recognize value-add opportunities, and appreciate the balance between operational involvement and long-term income potential. If you're looking for a pristine institutional asset, this isn't it. If you're looking for cash flow, upside, and know how to operate Class C workforce housing, let's talk.

18202 Cave Creek Road Unit 17units, Phoenix

Listing courtesy of Coldwell Banker Realty.

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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: