Income-producing property in central Phoenix featuring a 744 SF 2BR/1BA single-family home plus two attached 322 SF studio apartments, all on one parcel. Units are occupied, delivering steady in-place cash flow. Owner's financials reflect a 6.17% cap rate at the list price based on existing rents and expenses. Both studios include kitchenettes and share an attached laundry room. Situated on a 7,000 SF lot with R1-6 zoning and unassigned tenant parking. A rare opportunity to acquire a stabilized multi-unit configuration in a strong rental corridor near the VA Hospital, restaurants, and shopping. This is an owner/agent sale.
Ceiling Fan(s), Other, Electric
Phoenix Union High School District
| Date | Details | Change |
|---|---|---|
| Price Reduced from $550,000 to $490,000 |
Realty ONE Group.
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Listing information last updated on February 20th, 2026 at 2:47pm MST.