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$999,000
7044182 MLS
Excellent four-unit multifamily investment property in the Phoenix metro area, minutes from Downtown Phoenix and the Sports Center. Updated in 2022, this well-maintained complex offers strong cash-flow potential with estimated annual income of approximately $50,000. Features include four spacious units with separate bedrooms (no studios), tile flooring throughout, in-unit laundry, and all appliances included, including refrigerators, washers, and dryers. Each unit has dedicated storage and assigned parking. Additional highlights include security doors and windows, privacy fencing, no HOA, Phoenix city tax municipality, and eligibility for subsidized housing programs. A low-maintenance, turnkey investment opportunity in a desirable location.

1438 E Adams Street, Phoenix

$645,000
7016981 MLS
6-Unit Portfolio Opportunity (4-Plex + Duplex) | Tesla Corridor | Luke AFB | Potential $76,800+ Income Turnkey multi-family opportunity in one of the fastest-growing areas of the West Valley Turnkey multi-family opportunity in one of the West Valley's fastest-growing corridors. This 4-unit property delivers immediate income with long-term upside, positioned directly across from the Tesla Collision Center and minutes from Luke Air Force Base. Investment Highlights: Potential $43,200 Annual Gross Income $900/month per unit 5.4% Cap Rate. Strong, consistent rental demand (military + workforce housing) Location Strength: Direct frontage near Luke AFB (stable tenant base) High visibility along Litchfield Road Across from Tesla Collision Center (employment-driven demand) Rapidly expanding commercial and industrial growth corridor Property Features: Single-story 4-plex with private entrances Large lot with ample off-street parking Expansive rear/common area with utility access (visible in photos) Low-maintenance desert landscaping Solid block construction Functional layouts with upside through cosmetic upgrades Value-Add Potential: Below-market rents ' opportunity to increase income Space for improved tenant amenities (outdoor seating, storage, etc.) Strong candidate for long-term hold or portfolio expansion Income Upside Analysis (Pro Forma): Current: * $900 × 4 units = $3,600/month * Annual = $43,200 Scenario 1 - Moderate Increase ($1,050/unit): * $1,050 × 4 = $4,200/month * Annual = $50,400 * + $7,200/year increase Scenario 2 - Market Alignment ($1,200/unit): * $1,200 × 4 = $4,800/month * Annual = $57,600 * + $14,400/year increase

6249 N Litchfield Road, Litchfield Park

$1,385,000
6989939 MLS
East Taylor is a 10-unit, garden-style multifamily community located in the urban core of Phoenix. Built in 1943, the property consists entirely of one-bedroom/one-bath units with durable tile or vinyl flooring and has benefited from ongoing capital improvements. The asset offers clear value-add potential through interior modernization, addition of private yard spaces, and covered parking to support rent growth. Amenities include gated access, on-site laundry, and off-street parking. Positioned near Phoenix Sky Harbor International Airport, Valley Metro Rail, and Valleywise Health Medical Center, the property benefits from strong workforce housing demand. Located within a designated Opportunity Zone, it presents both income growth and long-term tax advantages.

2238 E Taylor Street, Phoenix

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