2002 W Jefferson Street, Phoenix, AZ 85009
- $539,000
- List Price
- $539,000
- Days on Market
- 51
- Status
- ACTIVE
- MLS#
- 7039118
- City
- Phoenix
- Subdivision
- Capitol Addition
- Year Built
- 1935
Property Description
Rare opportunity to acquire a fully occupied 5 Unit income-producing property consisting of three separate freestanding buildings on one parcel in the rapidly improving Central Phoenix corridor. This property features a diverse unit mix, extensive recent renovations, and long-term tenants paying premium rents. Current Gross Income: $76,560 ($6,380/Mo) Cap Rate: 11+% 2023 Renovations: New flooring, Updated plumbing, Sewer improvements, Interior paint, Exterior paint, Bathroom remodels, Kitchen upgrades. 2025 Improvements: New electrical wiring, New electrical panels with green tags, new addition/extension.
Additional Information
- Community Features
- No Pool
- Construction
- See Remarks
- Cooling
- See Remarks
- Flooring
- Other
- Heating
- See Remarks
- New Financing
- Conventional, 1031 Exchange, No Carry, Cash
- Parking Features
- On Street
- Roofing
- Other
- Subdivision
- Capitol Addition
- Taxes
- $906
- Tax Year
- 2025
- Tenant Pays
- Electricity, Gas
- Units
- 5
- Water
- City Franchise
- Zoning
- R-3
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Listing courtesy of Compass.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.