- $1.3M Price
1249 W Pierce Street
1249 & 1253 W Pierce St is an 8-unit, garden-style property, constructed in 1986. The asset consists of two individually parceled fourplexes, offering flexible financing options and long-term investment versatility. The unit mix comprises (4) 3-bedroom/1-bathroom units and (4) 2-bedroom/1-bathroom units, each individually metered for electricity. The unit's interiors have been upgraded and include in-unit washers and dryers, enhancing appeal and rental demand. The property also features an on-site gated parking lot for added convenience and security. Ideally situated just minutes from the Grand Avenue Arts District, Roosevelt Row, and Downtown Phoenix, the asset benefits from strong tenant demand and easy access to a vibrant mix of employment, dining, arts, and entertainment.
Essential Information
- MLS® #6955650
- Price$1,325,000
- Year Built1986
- TypeMultiple Dwellings
- StatusActive Under Contract
Community Information
- Address1249 W Pierce Street
- SubdivisionUNIVERSITY ADDITION
- CityPhoenix
- CountyMaricopa
- StateAZ
- Zip Code85007
Amenities
- AmenitiesOther
- Parking Spaces16
- Parking>1 Space Per Unit
Interior
- HeatingIndividual, Electric
Appliances
Refrigerator, Built-In Electric Oven, Microwave, Washer/Dryer
Cooling
Central Air, Electric, Individual
Exterior
- RoofComposition
- ConstructionWood Frame, Stucco
School Information
District
Phoenix Union High School District
Additional Information
- ZoningR-5
Listing Details
- OfficeABI Multifamily
Price Change History for 1249 W Pierce Street, Phoenix, AZ (MLS® #6955650)
| Date | Details | Change |
|---|---|---|
| Status Changed from Active to Active Under Contract | – | |
| Price Reduced from $1,350,000 to $1,325,000 |
ABI Multifamily.
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 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Listing information last updated on January 29th, 2026 at 1:58am MST.