Listing Details:
Listing ID: 6953631
Updated: 3/13/2026 1:16pm
| Status | Active/For Sale |
| Days On Market | 100 |
| Taxes | $983.00 |
| HOA | N/A |
| Type | N/A |
| Open Parking | 1 |
| Year Built | 1943 |
| Lot Size | 0.00 |
| County | Maricopa |
| Listed By | eXp Realty |
Description:
Fully renovated and fully furnished, this turnkey 3-unit short-term rental in Downtown Phoenix offers strong, documented cash flow and an impressive 4.8+ star Airbnb rating. The asset generated $119,442 in gross revenue in 2024 and $103,198 in 2025, with a two-year average revenue of approximately $111,320, producing operating income of $62,272 in 2024 and $53,719 in 2025, for a two-year average NOI of roughly $57,996--reflecting strong operating margins of about 52%. This is a stabilized, high-margin hospitality investment ideal for investors seeking immediate cash flow, experienced short-term rental operators expanding their portfolio, or buyers looking for a prime-location income property in one of Arizona's fastest-growing urban markets.
School Information:
- Paul Dunbar Lawrence School
- Paul Dunbar Lawrence School
- Carl Hayden High School
Property Location:
Listed By: eXp Realty | Natalia Yalin 858-729-4377
Source: ARMLS
All information should be verified by the recipient, and none is guaranteed as accurate by ARMLS.
