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$600,000
7066693 MLS
This spacious commercial property is currently being used as a church, but can be office space, church, or other multiuse. Great central Phoenix location, come see it today.

1130 W Fillmore Street, Phoenix

Listing courtesy of Affirmed Realty.

$605,000
6 Beds ⋅ 4 Baths ⋅ 7020368 MLS
Well-located 4-plex just minutes from Grand Canyon University presents a strong opportunity for investors seeking consistent income and long-term growth. Its proximity to a major university creates steady rental demand, making it ideal for student housing or long-term tenants. The property offers reliable cash flow with solid income potential, along with the advantage of being in a high-demand rental area. Convenient access to shopping, dining, and major freeways further enhances its appeal to tenants. Whether you are expanding your portfolio or looking for a dependable income-producing asset, this 4-plex is a valuable addition with both immediate returns and future appreciation potential.

5820 N 35th Avenue, Phoenix

Listing courtesy of A.Z. & Associates.

$609,900
6 Beds ⋅ 4 Baths ⋅ 7065871 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 and trash.

13608 W Maryland Avenue, Litchfield Park

Listing courtesy of Balboa Realty, LLC.

$610,000
8 Beds ⋅ 8 Baths ⋅ 7040397 MLS
Exceptional fully occupied 4-plex in North Central Phoenix offering a highly desirable unit mix of four 2-bedroom, 2-bath units. Designed for tenant appeal, each residence features spacious modern layouts, private outdoor living areas, full-size kitchen appliances, and in-unit laundry. Three units have been recently renovated with updated flooring, fresh paint, and upgraded bathroom fixtures. Operating expenses are streamlined, with tenants paying their own electricity, water, and cable, while HOA dues cover sewer, trash, landscaping, security services, common area maintenance, and pool amenities. Recent capital improvements--including exterior painting, newer HVAC units, and new water heaters--help minimize future maintenance costs. Ample parking includes four covered spaces per building.

2832 E Le Marche Avenue, Phoenix

Listing courtesy of My Home Group Real Estate.

$614,999
8 Beds ⋅ 4 Baths ⋅ 7032228 MLS
Don't miss out! This low maintenance fourplex is great for cashflow. Property is Located near mostly residential homes, schools (elementary & HS), and within 5 miles of downtown Phoenix. All units have white shaker cabinets, 3 units remodeled with quartz countertops, shaker cabinets and vinyl plank and wood tile flooring, & stainless-steel appliances. 1 partially upgraded unit with Quartz countertops, and shaker cabinets. 2 units have new A/C units & water heaters that have been replaced in the last 3 years. 1 A/C unit has a new motor. All of the units have ceiling fans throughout. Recently painted exterior. Units are individual metered for electricity. Units fully occupied, and 1 unit is Month to Month. Owner/ Agent.

1001 N 32nd Avenue, Phoenix

Listing courtesy of My Home Group Real Estate.

$615,900
6 Beds ⋅ 18 Baths ⋅ 6962131 MLS
All units are occupied with a lease in place so please look at photos and you can view exterior of property*FANTASTIC OPPORTUNITY with this NEWER BUILT, GATED MULTI-PLEX UNIT to have INCOME GENERATING PROPERTIES in a GROWING AREA with NICE ACCESS TO FREEWAYS, RESTAURANTS, SCHOOLS, HOSPITALS and SHOPPING*TWO-BEDROOM, two-bath, LVP flooring, shaker cabinets, and STEPS to the POOL*A 3-UNIT BUILDING is HARD TO FIND in the AREA and has TWO TENANTS IN PLACE with the top floor ready for you or your tenants*Property Manager, MAXX is on site for convenient hands-off ownership for you*HOA for the three properties total is 519 a month and covers sewer, trash, water, exterior insurance, landscaping/tot-lot, gates, pool and exercise room**TRULY an AMAZING FIND you WON'T WANT TO PASS UP*

12945 W Greenway Road Unit 36, El Mirage

Listing courtesy of Keller Williams, Professional Partners.

$619,000
6746201 MLS
Great C-3 Investment Opportunity! This machine shop is situated in the heart of Phoenix. The property has 2 access points, one from Grand Ave and one from 33rd Ave. Located right across the street from Costco Business Center, this property has easy access to I10 and is visible from Grand. Great tenant with a 5 yr lease remaining and $100 increases to rent every year. Property has a 1 bedroom apartment on site. This is the property and building for sale, the business is a separate entity with a 5 year lease remaining.

3940 N 33rd Avenue, Phoenix

Listing courtesy of American Realty Brokers.

$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.

$619,000
7 Beds ⋅ 4 Baths ⋅ 7052170 MLS
Excellent investment opportunity in the heart of Phoenix! This well-maintained duplex offers immediate cash flow with two spacious units already occupied. Unit 1 features 3 bedrooms and 2 bathrooms and is currently rented for $2,000/month. Unit 2 offers an expansive 5-bedroom, 3-bathroom floor plan and is currently rented for $2,325/month, generating a combined monthly income of $4,400. Conveniently located near Downtown Phoenix, I-17, I-10, schools, parks, shopping, and dining, this property is ideal for investors looking to expand their portfolio or owner-occupants seeking supplemental rental income. Don't miss this versatile, income-producing property with strong upside potential!

3326 W Maricopa Street, Phoenix

Listing courtesy of HomeSmart.

$620,000
6 Beds ⋅ 3 Baths ⋅ 7017542 MLS
Well-maintained Glendale triplex featuring three spacious 2BD/1BA units. Interiors have been thoughtfully updated with modern finishes, in-unit laundry, central A/C, and functional layouts. Units range from approximately 850-950 SF. Offering flexibility for owner-users or investors with strong rental potential. Rare opportunity to acquire a well-located triplex near freeways, shopping, and major employment centers.

7031 N 80th Avenue, Glendale

Listing courtesy of Get Multifamily.

$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.

$625,000
6 Beds ⋅ 6993030 MLS
Located in the heart of downtown Phoenix, 215 N 12th Ave offers a prime value-add opportunity in the sought-after 85007 corridor. The front building is currently occupied by tenants--please do not disturb--providing immediate income while you plan your improvements. The rear structure is approximately 50% complete, giving investors or builders a strong foundation to finish and customize. With flexible spaces, original character, and significant upside potential, this property sits near Roosevelt Row, dining, arts, and major employers. Ideal for those seeking a project with built-in cash flow in a rapidly developing urban neighborhood.

215 N 12th Avenue, Phoenix

Listing courtesy of N.B. Andrews and Associates.

$625,000
8 Beds ⋅ 4 Baths ⋅ 7003980 MLS
Fully rented fourplex in the heart of Wickenburg--an excellent investment opportunity with immediate income potential! Ideally located within walking distance to historic downtown Wickenburg, this property offers convenience to shopping, dining, and local amenities. Each of the four units features 2 bedrooms and 1 bathroom, providing desirable layouts for tenants and strong rental appeal. With all units currently occupied, this is a turnkey income-producing property ready for its next owner. Whether you're looking to expand your portfolio or secure a solid investment in a growing market, this well-located multi-family property is a must-see!

450 Palm Drive, Wickenburg

Listing courtesy of Arizona Legends Realty.

$625,000
8 Beds ⋅ 8 Baths ⋅ 7021967 MLS
Amazing investment fourplex in North Phoenix! Premium corner building with no shared walls, and easy access to covered parking for tenants. Units consist of: one 1bed/1bath unit, two 2bed/2bath units, and a 3bed/3bath unit. All units have a large square footage and modern layouts and all include washer/dryer hookups. Three units have ground level patios that open onto a large common area and three units also feature upper level balconies. Great rents that make it a no brainer for any investor. Monthly HOA dues INCLUDE: common area maintenance, landscaping, community pool, parking enforcement, and gated access.

2833 E Le Marche Avenue, Phoenix

Listing courtesy of HomeSmart.

$625,000
8 Beds ⋅ 8 Baths ⋅ 7023723 MLS
Amazing investment fourplex in North Phoenix! Premium corner building with no shared walls, and easy access to covered parking for tenants. Units consist of: four 2bed/2bath units. All units have a large square footage and modern layouts and all include washer/dryer hookups. Great rents that make it a no brainer for any investor. Monthly HOA dues INCLUDE: common area maintenance, landscaping, community pool, parking enforcement, and gated access.

2826 E Marconi Avenue, Phoenix

Listing courtesy of HomeSmart.

$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

Listing courtesy of RE/MAX Platinum.

$625,000
6 Beds ⋅ 3 Baths ⋅ 7039047 MLS
Exceptional investment opportunity featuring a total of seven units, including a single-family residence & eligible for residential financing. This triplex must be sold with the adjacent fourplex (MLS # 7039046), creating a seven-unit investment portfolio. Located near GCU, the freeway, shopping, and other amenities, this property offers strong tenant appeal. The single-family residence features a full-size laundry room. All units were renovated between 2019 and 2020. Improvements include new sewer and water lines, upgraded electrical service, interior and exterior paint, roofs replaced on both triplexes in 2024, and a new roof on the single-family residence in 2020. Well-maintained property with numerous updates throughout. See Documents tab for details. Buyer to verify all information.

2620 W Pierson Street, Phoenix

Listing courtesy of West USA Realty.

$625,000
220226527 MLS
Rural Industrial Opportunity in Williams Valley! Versatile 6-acre property combines comfortable country living w/ valuable Rural Industrial zoning, offering a unique opportunity for business, manufacturing, contractor operations, storage, fabrication, or other approved industrial uses. Well-maintained home w/ updates throughout, newer wood stove insert & fenced front & back yards, creating a comfortable residential base for an owner-operator or onsite manager. Property is fully fenced & cross-fenced w/ gated entry & enjoys frontage on both Williams & Powell Creeks. Existing improvements support a variety of endeavors, include a 54x26 barn w/ multiple stalls & corrals, a 26x32 shop w/ roll-up door suitable for welding, fabrication, or equipment maintenance, an equipment shed, & a 24x14 well house w/ additional space for storage or workshop use. Ample room on this property for expansion, equipment storage, outdoor work areas or future development. County planning use list is available.

199 Powell Creek Road, Williams

Listing courtesy of Ramsay Realty.

$625,000
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

Listing courtesy of HomeSmart.

$625,000
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

Listing courtesy of Redfin Corporation.

$629,000
220214415 MLS
INVESTORS! Nice Grants Pass 4-plex with great rental history! Solid building built in 1964. Each unit features 2 bedrooms, 1 1/2 bathrooms, approx.,1,080 sqft. Sitting on a Corner lot this 4-plex has parking in the back with alley access. Each unit also, has their own little gated front yard and a 360 sqft. storage unit in the back. Tenants are established and very quiet and would like to stay if possible.

711 SW Burgess Street, Grants Pass

Listing courtesy of Keller Williams Realty GP Branch.

$629,900
3 Beds ⋅ 2 Baths ⋅ 7048918 MLS
Live in the middle of everything while enjoying the character and charm that make Central Phoenix so special. Located in the highly sought-after Pierson Place Historic District, this unique property offers a rare combination of timeless architecture, modern updates, and flexible living space. The main home features original hardwood flooring, a newer roof, newer HVAC system, and the distinctive character that historic home enthusiasts appreciate. Outside, the irrigated lot provides mature landscaping and a private backyard retreat complete with a diving pool. A detached casita with approximately 318 square feet on the main level plus a finished upper level creates endless possibilities for rental guests, a home office, creative studio, fitness space, AIR BNB, or multi-generational living. A partial basement adds even more flexibility and storage rarely found in Phoenix homes. Just minutes from Uptown Plaza, the Melrose District, Downtown Phoenix, the Camelback Corridor, local restaurants, coffee shops, and entertainment, this is an opportunity to own a piece of Phoenix history in one of the city's most desirable central neighborhoods.

539 W Mariposa Street, Phoenix

Listing courtesy of Barrett Real Estate.

$638,000
6990515 MLS
Multi-Family | Fully Remodeled | Active Airbnb in Downtown's Historic District. This beautifully renovated 1911 Craftsman offers a rare, income-producing setup with space, charm, and flexibility. The main residence features 8 bedrooms and 4.5 baths, plus a unique basement/bomb shelter ideal for storage, a wine cellar, or a creative flex space. Above the detached 2-car garage, a separate 2 bed / 1 bath apartment with a full kitchen provides an additional rental stream or private guest quarters. Positioned on a corner lot and currently operating as an active Airbnb, this property is minutes from major Downtown Phoenix attractions including The Van Buren, the Japanese Friendship Garden, and Chase Field.

1502 W Monroe Street, Phoenix

Listing courtesy of Compass.

$639,000
11 Beds ⋅ 5 Baths ⋅ 7075484 MLS
A five-unit multifamily investment opportunity in the heart of Phoenix, Arizona. Originally constructed in 1944, the asset features a mix of 1, 2, and 3 bedroom floor plans. Each of the units have been updated within the last few years; however, future ownership will have the opportunity to capture additional upside through continued interior and exterior renovations. The asset is situated with convenient access to Downtown Phoenix, Sky Harbor International Airport, and major transportation corridors including Loop 202 and I-10. The current cap rate is 7.15% and the seller would be open to carrying with 40% down. An offering memorandum including additional photos is available upon request.

2242 E Taylor Street, Phoenix

Listing courtesy of Matthews Real Estate Investment Services.

$640,000
220218248 MLS
Investors !! Location, Location, Location ! This Turn Key Duplex with tenants in place is located in Phoenix close to the Phoodery . Each unit is 3 bedroom 2.5 bathrooms. Kitchen has Granite counter tops and Stainless Steel appliances. Built in 2017 put your investment dollars to work. Please do not disturb tenants.

215 S C Street, Phoenix

Listing courtesy of RE/MAX Platinum.

$642,500
4 Beds ⋅ 4 Baths ⋅ 7067657 MLS
1629 W Fillmore St is a 4-unit property being sold together with the parcel next door at 1625 W Fillmore St, for a combined 8-unit transaction. All units are 1-bed/1-bath, individually metered for electric, and 100% occupied. 1625 was rebuilt in 2023 with permits, including new roof, HVACs, electrical panels, and sewer line. 1629 features three units with updated kitchens and appliances plus two new HVAC systems. Value-add opportunity to increase rents to market rate on the next turn of leases. Laundry facility on-site & covered parking for each unit. Centrally located near Downtown Phoenix, ASU's Downtown campus, and the Roosevelt Row Arts District, with easy access to I-10 and I-17 and minutes from Sky Harbor Airport.

1629 W Fillmore Street, Phoenix

Listing courtesy of ABI Multifamily.

$642,500
4 Beds ⋅ 4 Baths ⋅ 7067660 MLS
1625 W Fillmore St is a 4-unit property being sold together with the parcel next door at 1629 W Fillmore St, for a combined 8-unit transaction. All units are 1-bed/1-bath, individually metered for electric, and 100% occupied. 1625 was rebuilt in 2023 with permits, including new roof, HVACs, electrical panels, and sewer line. 1629 features three units with updated kitchens and appliances plus two new HVAC systems. Value-add opportunity to increase rents to market rate on the next turn of leases. Laundry facility on-site & covered parking for each unit. Centrally located near Downtown Phoenix, ASU's Downtown campus, and the Roosevelt Row Arts District, with easy access to I-10 and I-17 and minutes from Sky Harbor Airport.

1625 W Fillmore Street, Phoenix

Listing courtesy of ABI Multifamily.

$643,000
5 Beds ⋅ 4 Baths ⋅ 6972312 MLS
Rare investment opportunity featuring unique architecture in the Historic Oakland District, within walking distance to Grand Avenue of the Arts, light rail, downtown Phoenix, and minutes from Sky Harbor Airport. Located in a rapidly growing area with rising rents and strong investor development, the property has seen numerous upgrades over the years including interior and exterior paint, tiled showers, updated flooring and countertops, new windows and roofs, two tankless gas water heaters, and two newer A/C units. All units are individually metered for APS, with a unit mix consisting of one 2-bedroom/1-bath with washer/dryer hookup, two 1-bedroom/1-bath units, and one studio, offering clear upside potential for a new owner to increase rents and improve returns.

1333 W Taylor Street, Phoenix

Listing courtesy of Ivy Realty.

$644,000
7071653 MLS
10920 N Tatum Blvd, Suite 100 is a 1,614 SF single-story office condominium in Phoenix, AZ, built in 2003 and zoned Residential Office & Restricted Commercial (R-O). The unit offers a highly functional, primarily private-office layout that is well-suited to a professional or owner-user tenant seeking a turnkey space. The interior configuration includes multiple private offices, a reception and waiting area, a restroom, a break area, and a small storage closet, with minimal open workspace and a design oriented toward private offices throughout.

10920 N Tatum Boulevard Unit 100, Phoenix

Listing courtesy of R.O.I. Properties.

$645,000
4 Beds ⋅ 4 Baths ⋅ 7016981 MLS
THIS IS A 4-PLEX apart of 6-Unit Portfolio Opportunity (4-Plex + Duplex) | Tesla Corridor | Luke AFB | Potential $76,800+ Income Turnkey multi-family opportunity in one of the fastest-growing areas of the West Valley Turnkey multi-family opportunity in one of the West Valley's fastest-growing corridors. This 4-unit property delivers immediate income with long-term upside, positioned directly across from the Tesla Collision Center and minutes from Luke Air Force Base. Investment Highlights: Potential $43,200 Annual Gross Income $900/month per unit 5.4% Cap Rate. Strong, consistent rental demand (military + workforce housing) Location Strength: Direct frontage near Luke AFB (stable tenant base) High visibility along Litchfield Road Across from Tesla Collision Center (employment-driven demand) Rapidly expanding commercial and industrial growth corridor Property Features: Single-story 4-plex with private entrances Large lot with ample off-street parking Expansive rear/common area with utility access (visible in photos) Low-maintenance desert landscaping Solid block construction Functional layouts with upside through cosmetic upgrades Value-Add Potential: Below-market rents ' opportunity to increase income Space for improved tenant amenities (outdoor seating, storage, etc.) Strong candidate for long-term hold or portfolio expansion Income Upside Analysis (Pro Forma): Current: * $900 × 4 units = $3,600/month * Annual = $43,200 Scenario 1 - Moderate Increase ($1,050/unit): * $1,050 × 4 = $4,200/month * Annual = $50,400 * + $7,200/year increase Scenario 2 - Market Alignment ($1,200/unit): * $1,200 × 4 = $4,800/month * Annual = $57,600 * + $14,400/year increase

6249 N Litchfield Road, Litchfield Park

Listing courtesy of My Home Group Real Estate.

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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: