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Downtown Phoenix 5-Units. Tenants are all month to month. Strong in-place rent. Current Annual Gross Income $77,400 ($6,450/Month). Current condition: Functional/C-Class. Potential for investors to reposition into 7 Units and optimize cash flow.Property is sold in as-is condition. Priced accordingly for experienced investors. Buyer shall verify all facts and figures.
- Neighborhood
- Type
- CountyMaricopa
- AreaPhoenix
- Tax Amount$853
- StatusActive
- Listing #6893837
- Built1935
- Listed on site321 days
- Listing Agent Phone602-516-4767
Listed by:
Compass
Listing provided courtesy of Arizona Regional Multiple Listing Service, Inc. (ARMLS)Click for Map
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School Info
- school districtPhoenix Elementary District
Property details
Community Features
- No HOA
- Not Age Restricted
Exterior features
- No Pool
Property History
| Date | Days Ago | Event | New Price |
|---|---|---|---|
| Apr 28, 2026 | 1 mo ago | Price decreased41,000 (6%) | $609,000 |
| Mar 30, 2026 | 2 mos ago | Price decreased149,000 (19%) | $650,000 |
| Nov 3, 2025 | 7 mos ago | Price decreased26,000 (3%) | $799,000 |
| Oct 29, 2025 | 7 mos ago | Price decreased90,000 (10%) | $825,000 |
| Sep 29, 2025 | 8 mos ago | Price decreased64,500 (7%) | $915,000 |
| Aug 19, 2025 | 10 mos ago | Price decreased39,500 (4%) | $979,500 |
| Jul 17, 2025 | 11 mos ago | New on market | $1,019,000 |
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