Listing Details:
Listing ID: 7063520
Updated: 8/21/2026 7:13pm
| Status | Active/For Sale |
| Days On Market | 46 |
| Taxes | $2,669.00 |
| HOA | N/A |
| Type | N/A |
| Year Built | 1959 |
| Lot Size | 0.00 |
| County | Maricopa |
| Listed By | Gile Commercial Real Estate |
Description:
Excellent Central Phoenix investment opportunity! This 5-unit multifamily property features five 2-bedroom, 1-bath units with updated interiors and strong rental upside. Current scheduled rents total approximately $6,550/month, with projected market rents of approximately $7,500/month. Offered at $1,185,000, the property has an estimated 5.20% current cap rate with potential for approximately a 6.10% stabilized cap rate. Units feature updated kitchens, cabinetry, flooring and stainless steel appliances. Conveniently located near Downtown Phoenix, employment centers, shopping, dining, healthcare and major transportation corridors. Great opportunity for investors seeking existing cash flow with value-add potential. Buyer to verify all facts and figures.
Property Location:
Listed By: Gile Commercial Real Estate | Luis Espinoza 602-373-9729
Source: ARMLS
All information should be verified by the recipient, and none is guaranteed as accurate by ARMLS.
