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$1,350,000
16 Beds 16 Baths 7067839 MLS 85051 Zip Code
Exceptional multi-family investment opportunity in a high-demand Phoenix rental corridor! This offering includes two well-maintained 4-plex buildings for a total of 8 income-producing units, each designed for functional living and long-term tenant stability. The property location in near major freeways, employers,, shopping, and schools--ideal for consistent occupancy and strong rental performance. With Phoenix's continued demand for affordable multi-family housing, this asset provides an excellent opportunity for investors seeking steady cash flow, value-add potential, or portfolio expansion in one of the fastest-growing metro areas in the country. All units are 2 bedroom 2 baths. Good occupancy and good rent income.

7130-7136 N 27th Avenue Unit 1-4, Phoenix

$199,999
8 Beds 7 Baths 7064950 MLS 85007 Zip Code
Excellent redevelopment opportunity with plans and permits already approved and paid for. BOTH PARCELS INCLUDED, PLEASE READ. This project consists of a full remodel and renovation of the existing properties at 948 and 954 W Mohave St. The approved plans convert the 948 property into a functional duplex consisting of two 2-bedroom, 2-bathroom units, while the 954 property is designed as a fully renovated 4-bedroom, 3-bathroom single-family home. Permits are approved and paid for, allowing the buyer to take over and complete the project. Property is currently boarded by the City of Phoenix and access is limited. Buyer to verify all facts, figures, plans, permits, square footage, and intended use. Approved permits and plans are available in the Documents tab.

954 W Mohave Street, Phoenix

$1,625,000
10 Beds 8 Baths 7061722 MLS 85020 Zip Code
8939 N 8th Street offers investors the opportunity to acquire a fully leased, eight-unit multifamily property operating under a five-year Absolute NNN master lease with an established tenant. The lease provides predictable income, annual rent increases and minimal landlord responsibilities. The tenant has demonstrated exceptional reliability by consistently paying rent on time, carefully maintaining the property and investing its own funds into exterior painting and landscaping. These tenant-funded improvements have further enhanced the property's curb appeal and long-term value. Financial Highlights Asking Price: $1,625,000 Actual Year 2 Cap Rate: 7.83% Year 2 Base Rent: $10,600 per month Annual Base Rent: $127,200 Annual Tax and Insurance Reimbursements: $12,577.32 Total Annual Lease Payment: $139,777.32 Scheduled Annual Base-Rent Increase: $1,200 Price Per Unit: $203,125 September 1, 2026 payment received Lease Highlights Five-year Absolute NNN master lease Initial lease term: September 1, 2025 through August 31, 2030 Approximately four years remain on the initial lease term Base rent increases by $100 per month at the beginning of each remaining lease year Two additional five-year renewal options Personal guarantee First right of refusal Tenant responsible for property taxes, insurance, utilities, maintenance and day-to-day property operations Property Details The property contains eight residential units consisting of: Six one-bedroom/one-bathroom units Two two-bedroom/one-bathroom units On-site laundry room Three separate storage rooms Appliances in every unit Gated access and privacy wall Attractive paver patio with television and electrical outlets Approximately 4,461 square feet of building area The former office has been converted into the eighth residential unit, creating a complete eight-unit residential configuration with no remaining office space. Renovations and Improvements The property underwent extensive interior renovations in 2024, including improvements to the apartment interiors and bathrooms. Additional property improvements include: Exterior painting completed by the tenant Landscaping improvements completed by the tenant Updated apartment interiors Renovated bathrooms Security gate Privacy wall Paver patio Updated mailboxes Well-maintained common areas Investment Opportunity This offering combines an Absolute NNN lease, an actual 7.83% Year 2 cap rate, contractual rent growth and a tenant that actively reinvests in the property. A recent appraisal supports the asking price, providing additional documentation for prospective investors.

8939 N 8th Street, Phoenix

$979,000
9 Beds 6 Baths 7034814 MLS 85013 Zip Code
Rare Uptown Phoenix 4plex+ compound on one lot that runs from Coolidge to Highland. 1st position Seller Financing available: 6% i/o & 40% down. 4 units/3 buildings: 746 W Coolidge W (3 bed/2b)-1150 sf-$1500R); 746 W Coolidge E (1 bed/Studio-700 sf-$800R); 746 W Coolidge Middle House (2 bed/1b-900 sf-$1500Pro); & 915 W Highland House (3 bed/2 b-1250 sf-$1800R). 17557 sf lot (R3, runs f/ street-to-street). BONUS: 1800 +/- sf workshop attached to middle house. Huge commercial-grade steel carport. 4 big storage units. Many recent upgrades. Potential to add density or split into two lots. Opp Zone. Prime location! .5 m to Melrose District; .8 m to Brophy High School; 1.1 m to Uptown Plaza; & 3+ m to Biltmore. 6.32 cap pro forma w/ very high long-term upside. Under $245/sf-highly competitive.

746 W Coolidge Street, Phoenix

$949,000
5 Beds 4 Baths 7022517 MLS 85014 Zip Code
Very charming and quiet mid-century apartment community in midtown Phoenix situated just north of the Phoenix country club features a garden style four-unit building and a beautiful two-bedroom home (separate listing) surrounding a lush green community courtyard! The apartment units have been meticulously upgraded with beautiful flooring, tiling, paint, appliances, ceiling fans and lighting. An array of improvements and enhancements on this stunning property have created an environment where tenants typically remain for a long time! Ideal set-up for someone who wants to reside in the mid-century home while renting the units out. Or perfect AirBnB! This one's truly a gem in a fantastic location near light rail, Biltmore and downtown!

3515 N 12th Street, Phoenix

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