Investor Special - Value-Add 4-Plex in Central Phoenix Calling all savvy investors—this Central Phoenix 4-unit multifamily is a rare opportunity in a high-demand rental corridor near 24th St and Thomas. Located in the Avalon subdivision, this property features: (2) 1-Bed / 1-Bath Units (1) 3-Bed / 2-Bath Unit (2) 2-Bed / 1-Bath Unit Covered Parking for 4 + 3 Uncovered SpacesSolid Block Construction | Built in 1960 Property needs work - drive-by only. This is a classic value-add situation with long-term potential. All units are currently rented, but rents are significantly below market. With updates, there's excellent upside on cash flow and property value. Perfect for buy-and-hold investors looking to improve and stabilize a multifamy asset in a growing area of Phoenix.
Phoenix Union High School District
Date | Details | Change |
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Price Reduced from $710,000 to $685,000 | ||
Price Increased from $699,000 to $710,000 |
eXp Realty.
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Listing information last updated on July 11th, 2025 at 7:45pm MST.