Refine Search
Sort by
$1,334,000
6810283 MLS
Welcome to this beautifully remodeled 4-plex located in the heart of vibrant Midtown Phoenix, currently operating as a successful CASH FLOWING Airbnb! Each unit has been thoughtfully updated with modern finishes while maintaining the charm of the original architecture. The spacious and well-maintained grounds offer ample parking and a community courtyard for relaxation. The location is ideal for short-term rentals, with close proximity to downtown Phoenix, popular local eateries, art galleries, and public transit. Whether for long-term tenants or vacationers, this 4-plex provides high rental demand in one of the city's most desirable areas.Currently being utilized as a successful Airbnb, this property generates consistent income with a strong track record of bookings, making it a perfect investment opportunity. Gross Profits for 2024 were $121,606, additional opportunity to potentially add additional units, single level, No HOA, LOW TAXES of $1490 for 2024. Biltmore/Arcadia Adjacent! ALL FURNITURE IS INCLUDED! Shared laundry on site! Don't miss out on this exceptional property in one of Phoenix's most sought-after neighborhoods!

939 E Turney Avenue, Phoenix

$899,900
6785949 MLS
EXCEPTIONAL INVESTMENT OPPORTUNITY IN PRIME LOCATION! This 17-21 unit, two-story property, built in 1952, offers an outstanding value-add opportunity for savvy investors. The unit mix includes 17 studio apartments, a manager's quarters, and a front office. With interiors currently vacant and ready for renovation, this property is a blank canvas awaiting your vision. PRIME LOCATION ADVANTAGES: Strategic Access: Situated near US 60/Grand Avenue with easy connections to I-10, I-17, and Loop 202 for seamless commutes across the city. FUTURE GROWTH POTENTIAL: A planned light rail extension along Van Buren will place this property in a key transit-oriented area, enhancing accessibility and desirability. CONVENIENT PROXIMITY:Located just one mile west of downtown Phoenix and minutes from Phoenix Sky Harbor Airport, this property is ideally positioned for tenants seeking urban convenience. While the property requires a full remodel to address deferred maintenance, its competitive list price reflects its incredible upside potential. This is your chance to reimagine and revitalize a property in a thriving area with high rental demand. Visualize the Potential: To help showcase the property's possibilities, the listing may include virtually renovated photos, giving you a glimpse into how this space can be transformed into a modern, income-generating asset. Don't let this rare investment opportunity slip awayact quickly, as it won't last long!

1945 W Van Buren Street, Phoenix

$625,000
6770097 MLS
This exclusive property package is perfect for both seasoned investors looking to expand their portfolio and newcomers wanting to start their investment journey. The selection of 5 fully renovated 2 bed (1 bedroom+den) units offers a great opportunity for investors of all levels to enter the real estate market or diversify their existing portfolio. With a strong history of occupancy and the potential to increase rental income, these units provide a stable and reliable income stream. The convenient location and amenities make these units highly desirable for tenants, ensuring a steady flow of rental income for investors. Whether you're just starting out or looking to grow your investment portfolio, this property package offers a smart and lucrative opportunity for investors of all levels.

18202 Cave Creek Road Unit 5 units, Phoenix

$2,125,000
6770068 MLS
This property presents a compelling investment opportunity with its attractive unit mix, desirable location, and potential for additional income through owner-operated facilities. It is a well-positioned, income-generating asset. There are opportunities to even increase current rental income for further value. This property is a prudent choice for investors looking to expand, diversify or start their portfolio. It offers a stable and reliable income stream. The property is 100% occupied and all units were remodeled. There are five-2 beds/1-bath, one-3 beds/1 bath, and eleven-3 beds /2 bath units. All are equipped with their own washer/dryer. The property is located in a Prime location with nearby amenities and great transportation access. Some bedroom counts includes a den (2 beds = 1 bedroom + den and 3 beds = 2 bedrooms + den). The den can function as a bedroom but doesn't have a window.

18202 Cave Creek Road Unit 17units, Phoenix

$749,900
6760869 MLS
Excellent investment opportunity! This 14-unit, garden-style property, built in 1946, offers a promising investment opportunity. The unit mix includes (9) Studio, (5) 1-bed/1-bath units The property presents a significant value-add opportunity, vacant interiors that are ready for renovation. The location is advantageous right on US 60/Grand with easy access to I-10, I-17, and Loop 202, it ensures quick commutes to key areas. Situated west of downtown Phoenix, it's just minutes from Phoenix Sky Harbor Airport. The property presents a significant value-add opportunity. Don't miss this chance to invest in a promising location with significant upside potential. The property has deferred maintenance and needs a full remodel but a great value at this list price. Hurry won't last! To help visualize this home's floor-plan and to highlight its potential, virtually renovated photos may have been added to this listing.

3060 Grand Avenue, Phoenix

$525,000
6658575 MLS
Searching for the perfect investment opportunity in the charming Sunnyslope neighborhood of Phoenix? Look no further! We are excited to introduce you to a unique property that combines the charm of a duplex with the potential to build a fourplex, all in the heart of Sunnyslope, with fantastic amenities and employment opportunities nearby. see suppliment remarks **Property Details:** - 2 Units individually metered for Electric - Condition: Excellent - Lot Approval: Ready to Build a Fourplex-all reports and plans included - Nearby Amenities: Beautiful Park Across the Street **Duplex Features:** - Impeccably maintained - Spacious living areas - Private outdoor spaces - Ideal for both owner-occupants and investors **Fourplex Potential:** - Approved lot for a fourplex - Capitalize on the strong demand for multi-family units - Increase your rental income and investment portfolio **Neighborhood Highlights:** - Proximity to top employers in the area - Convenient access to major highways - Excellent schools nearby - Thriving local businesses and restaurants - Beautiful park right across the street, perfect for outdoor activities

8916 N 11 Street, Phoenix

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.