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$490,000
6928581 MLS
This listing is for 1944 W Amelia Ave and must be sold with 1940 W Amelia Ave (separate listing for $660,000 MLS# 6928574-combined 7 units $1.175M) Don't miss this rare opportunity to own a beautifully maintained income property in the heart of Central Phoenix, this red brick gem features two separate buildings—a 4-plex and a 3-plex—on two parcels, offering flexibility and strong investment potential. With 4 of the 7 units already remodeled, the property boasts excellent curb appeal, updated interiors, and a solid history of long-term tenants. Turnover is rare, and units are consistently easy to rent thanks to the unbeatable location just minutes from downtown Phoenix. Walkable access to shopping, dining, and public transportation, with the light rail less than a mile away, the VA Hosp just one mile out, and a bus line right at the property. Each unit is separately metered for gas and electric, and the neighborhood is quiet, established, and highly desirable. This is a prime opportunity to own a low-maintenance, high-demand rental property in one of Phoenix's most connected and growing areas.

1944 W Amelia Avenue, Phoenix

$599,000
6928574 MLS
This listing is for 1940 W Amelia Ave and must be sold with 1944 W Amelia Ave (separate listing for $515,000 MLS# 6928581-combined 7 units $1.175M) Don't miss this rare opportunity to own a beautifully maintained income property in the heart of Central Phoenix, this red brick gem features two separate buildings—a 4-plex and a 3-plex—on two parcels, offering flexibility and strong investment potential. With 4 of the 7 units already remodeled, the property boasts excellent curb appeal, updated interiors, and a solid history of long-term tenants. Turnover is rare, and units are consistently easy to rent thanks to the unbeatable location just minutes from downtown Phoenix. Walkable access to shopping, dining, and public transportation, with the light rail less than a mile away, the VA Hosp just one mile out, and a bus line right at the property. Each unit is separately metered for gas and electric, and the neighborhood is quiet, established, and highly desirable. This is a prime opportunity to own a low-maintenance, high-demand rental property in one of Phoenix's most connected and growing areas.

1940 W Amelia Avenue, Phoenix

$725,000
6928343 MLS
NO HOA! Tenants pay all utilities. Completely remodeled duplex in 2019 including new a/c units, roof, etc. Two identical units under the same roof. Large backyards for each units, tenants love the privacy and paved patios. Very low maintenance landscaping. Each unit has separate water meter. Both units 2 bedroom 1 bath. Open kitchen, stainless steel appliances and granite countertops. Wood plank tile throughout. Good size bathroom with tiled bathtub. Spacious separate laundry room with full size washer and dryer with plenty of storage space. Property is located in quiet dead end street and has 4+ parking spots in front. Close proximity to the prestigious Biltmore area and Camelback Corridor, Phoenix's premier upscale shopping, dining and financial district. Easy access to major freeways, downtown, hospitals

4718 N 9th Street, Phoenix

$900,000
6926728 MLS
3005 East Paradise Lane is a newly built duplex offering two large, modern residences in a desirable residential setting. Framed in 2018 and fully completed in 2022, both units has a 4-bedroom, 2.5-bath layout, spanning approximately 2,200 square feet. The open-concept floor-plans feature bright living areas with abundant natural light, neutral paint tones, and designer touches. The kitchens are equipped with granite countertops, quality cabinetry, and bar seating. Upstairs, large bedrooms and thoughtfully designed bathrooms—including double-vanity primary suites with separate tub and shower—offer the comfort of a single-family home. Each residence includes a two-car garage, large private backyard space with low-maintenance hardscaping, and in-unit washer / dryer.

3005 E Paradise Lane, Phoenix

$1,250,000
6924258 MLS
10-Unit Multifamily Investment Opportunity! This renovated and cash-flowing property is in a strong central Phoenix rental market, consisting of 8 one-bedroom/one-bath units and 2 studio units, all renovated around 2022-2023, modern finishes and several updated systems. Each unit is separately metered for electricity, reducing ownership expenses and simplifying management. Very low property tax expense on this one ($1,167/yr). This sale includes two parcels, with the north parcel at 921 S 35th Ave, offering a big space to work with—a rare opportunity for value-add expansion. The additional land provides space to build storage units, install vending machines, add a laundry facility, or develop additional income-producing amenities, significantly increasing future cash flow and property value. The property is fully occupied with month-to-month leases. Located near major employment corridors, transit routes, and downtown Phoenix, this property combines stable current income with long-term upside. Excellent turnkey investment with small development potential.

927 S 35th Avenue, Phoenix

$1,050,000
6922688 MLS
Six unit complex with hard to find all two bedroom unit mix (729 sf/unit). Located in a quiet residential neighborhood, just south of Northern Ave. Close to LRT, Grand Canyon U, and Christown Mall. Many owner-occupied neighbors. Jumbo 17,500 sf lot with large parking lot & courtyard. R-3 zoning & building layout on the lot allows nice potential to add units. Rents range from $1,095-$1200 (market). 6 CAP. Long-term, local owner. Value-add, though there have been many upgrades. Built in 1986 with all separate electrical metering (mid to newer HVAC units). One building with three units up/down. Separate laundry & storage in the back (not currently used). DSCR 5-8 unit loan product with 30 yr am could be a good fit. Seller intends to 1031, no seller financing. Competitive $246/sf.

2118 W Belmont Avenue, Phoenix

$479,000
1 Baths 6920396 MLS
Welcome to this rare duplex opportunity in the highly desirable 85016 zip code. This property offers two separate units, perfect for an investor looking to add to their portfolio or an owner-occupant who wants to live in one and rent the other. Located just minutes from Biltmore Fashion Park, Camelback Corridor, Arcadia, and Sky Harbor Airport, this duplex sits in the heart of Phoenix with endless shopping, dining, and entertainment options nearby. Each unit provides comfortable living spaces with plenty of natural light, functional layouts, and private entrances. The property also offers street parking and a low-maintenance lot. With strong rental demand in the area, don't miss this chance to secure a duplex in one of Phoenix's most sought-after locations!

2449 E Fairmount Avenue, Phoenix

$432,500
6918864 MLS
Duplex with great tenants in place, great location, No HOA and annual taxes of just $940 this year! All that equals a fantastic cash flowing rental property! Easy access to freeways, driveway with carport, covered back patio and fenced backyard with no neighbors make this easy to rent. North side was completely remodeled in 2022 including the tub and tiled shower area, new bathroom vanity, new kitchen cabinets, oven, microwave and sink. Ceiling fans throughout and new paint throughout as well. The south unit bathroom features a newly tiled floor & new walk in custom tile shower (2024). Each side has 784 square feet inside and their own laundry room off the back patio. New solar shade screens on the 4 west facing windows in September 2025. Owner/Agent. Buyer to verify facts and figures.

2811 N 17th Place, Phoenix

$1,000,000
6918779 MLS
The Roosevelt Apartments is a 7-unit multifamily community located at 1402 & 1406 E Roosevelt St. Originally constructed in 1949 and 1964, the asset sits in a high rental demand area to the east of Downtown Phoenix and near the end of Roosevelt Row. 1402 &1406 E Roosevelt features a favorable mix of one- and two-bedroom units that have been well-maintained and updated throughout the 20 years of current ownership. Additionally, the property sits across two separate parcels, allowing for flexible financing or the opportunity to sell them as an individual triplex and fourplex in the future. This is a unique opportunity to acquire a value-add asset in a centralized, high growth location with both immediate income potential and long-term upside.

1406 E Roosevelt Street, Phoenix

$620,000
6915148 MLS
LOCATION, LOCATION, LOCATION! Secluded and private at the end of cul-de-sac yet walking distance to some of the best amenities Phoenix has to offer: the green belt parks, restaurants, and shopping. Minutes from the airport and freeway. Beautiful property with endless opportunities. You can rent both apartments for great cash flow or live in one and rent the other. You could also convert to single family home. Completely remodeled in 2021 and 2022, including quartz countertops, new baseboards, interior and exterior paint, and flooring for both units. New cabinets in unit 1. New low maintenance landscaping. 2 car attached garage to unit 2. Single car garage detached for Unit 1. Unit 1 pays 1400/month and unit 2 pays 1850/month. Unit 1 is 720sqft, unit 2 is 1190sqft. Property is listed by

4847 E Cambridge Avenue, Phoenix

$3,200,000
6914357 MLS
Advantageously positioned just north of the Central Avenue and Camelback Road intersection, hidden within one of Central Phoenix's affluent residential areas is a 13-unit apartment community, Medlock Place (''the property''). Conveniently located in the heart of the historic uptown submarket, its nearby proximity to one of The Valley's major transportation arteries, State Route 51, affords residents direct access and simple passage to nearly any destination across The Valley. Positioned minutes from a long-standing landmark of Phoenix, Uptown Plaza blends mid-century modern charm with the high-rises that line both sides of Central Avenue. Anchoring the gateway to North Central Phoenix's historic core, Medlock Place presents outstanding walkable access to a mix of the best local and national retailers and restaurants including The Henry, Chula Seafood, Shake Shack, AJ's, and West Elm. Recognized by its sprawling residential estates and scarcity of developable land, Uptown Phoenix offers a highly coveted neighborhood atmosphere, boasting an average single family home sale price of ±1,189,390 (last 90 days). In addition, Medlock Place benefits from long-term profitability of location due to Uptown Phoenix's high barriers to submarket entry. Built in 1959 and fully renovated in 2020, Medlock Place is comprised of 10 two-bedroom floorplans (77%), 2 studio floorplans (15%), and 1 one-bedroom floorplan (8%) floorplans covering an average of ±773 square feet. All 13 units have been renovated with interior upgrades including new appliances, countertops, cabinets, flooring, fixtures, hardware and individual washer/dryers.

37 W Medlock Drive, Phoenix

$665,000
6914316 MLS
Turnkey multi-family gem in Midtown Phoenix! This unique property offers two fully remodeled 2BD/1BA homes on one lot, perfect for investors seeking strong returns, flexible short or long-term rental options, or a savvy house hacker looking to offset their mortgage. Recent big-ticket upgrades include a complete interior rehab with new paint, floors, kitchens, and baths, plus a new sewer line, roof, electrical panel, AC blower, and condenser fan motor. Each home is fully functional with its own laundry, backyard, and parking. The front home features vintage 1947 charm with cove ceilings, while the rear has a spacious mid-century layout. Proven rental income history and option to purchase fully-furnished make this an unbeatable opportunity to own an income-producing investment from day 1!

4640 N 11th Place, Phoenix

$1,000,000
6904880 MLS
3601 W Melvin St is an 11-unit multifamily property located in the Estrella submarket of Phoenix, Arizona. Built in 1946, the asset consists of a gated community with a unit mix of (1) 2-bedroom and (10)1-bedroom apartments, averaging 453 square feet per unit and totaling approximately 4,980 square feet of rentable area. Strategically located just minutes from Downtown Phoenix, Sky Harbor Airport, and key employment hubs, this offering benefits from strong rental demand driven by workforce housing needs. With below-market rents, the property offers immediate upside through interior renovations and operational improvements. This asset is an ideal opportunity for investors seeking a low-basis, value-add multifamily opportunity in one of the fastest-growing metropolitan areas of the U.S.

3601 W Melvin Street, Phoenix

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