- $3.1M Price
1538 W Osborn Road
Unlock exceptional returns with this fully renovated 8-unit luxury multifamily property in thriving Midtown Phoenix. Located minutes from Downtown and the airport, this turnkey investment features high-end finishes, modern, fully furnished units, and a resort-style courtyard with a 6-hole putting green, waterfall, and gated dog play area. Boasting a 2023 Gross Rental Income of $365,061.50 and a favorable GRM of 9.02, this property offers immediate income and strong future appreciation potential. Positioned in one of Phoenix's most desirable neighborhoods, this gated community is perfect for short-term and long-term tenants, driven by Midtown's vibrant cultural, business, and lifestyle scene. Rare opportunity to acquire a top-performing asset in a high-growth market.
Essential Information
- MLS® #6756497
- Price$3,100,000
- Bathrooms0.00
- Acres0.00
- Year Built1953
- TypeMultiple Dwellings
- StatusActive
Community Information
- Address1538 W Osborn Road
- SubdivisionEncanto Westwood
- CityPhoenix
- CountyMaricopa
- StateAZ
- Zip Code85015
Amenities
- Parking Spaces10
- ParkingOther, On Street, Carport
Amenities
Golf, Other, Barbecue, Shuffle Brd/Lawn Bwl, Play Area
Interior
Appliances
Free-Standing Range, Refrigerator, Microwave, Washer/Dryer
Heating
Individual, Central, Natural Gas
Cooling
Central Air, Ceiling Fan(s), Individual
Exterior
- RoofComposition
- ConstructionPainted, Block
School Information
District
Phoenix Union High School District
Additional Information
- Zoning[M-H] MULTI-FAM
Listing Details
- OfficeMy Home Group Real Estate
Price Change History for 1538 W Osborn Road, Phoenix, AZ (MLS® #6756497)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $3,195,000 to $3,100,000 | ||
| Price Reduced from $3,295,000 to $3,195,000 |
My Home Group Real Estate.
Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Listing information last updated on May 11th, 2025 at 9:00pm MST.