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4020 S 15th Street, Phoenix
$780,000
10 Beds ⋅ 10 Baths ⋅ 6972364 MLS ⋅ 85040 Zip Code
Turnkey income property featuring a fully remodeled duplex plus two brand-new mobile homes! Offering immediate rental income with ALL units ALREADY OCCUPIED! The duplex has been completely updated with new tile flooring, interior and exterior paint, new AC units, and modern kitchens with new cabinets, dishwashers, and in-unit washer and dryers, all with modern finishes throughout. Each unit offers a functional two-story layout with spacious living, dining, and kitchen areas, a half bath on the main level, and three bedrooms with two full baths upstairs. The property also includes two new mobile homes with two primary bedrooms, modern finishes, and in-unit laundry. Gated access with remote control! and 8 uncovered parking spaces. Ideal for investors seeking a stabilized, turnkey asse

4020 S 15th Street, Phoenix

1333 W Taylor Street, Phoenix
$643,000
5 Beds ⋅ 4 Baths ⋅ 6972312 MLS ⋅ 85007 Zip Code
Rare investment opportunity featuring unique architecture in the Historic Oakland District, within walking distance to Grand Avenue of the Arts, light rail, downtown Phoenix, and minutes from Sky Harbor Airport. Located in a rapidly growing area with rising rents and strong investor development, the property has seen numerous upgrades over the years including interior and exterior paint, tiled showers, updated flooring and countertops, new windows and roofs, two tankless gas water heaters, and two newer A/C units. All units are individually metered for APS, with a unit mix consisting of one 2-bedroom/1-bath with washer/dryer hookup, two 1-bedroom/1-bath units, and one studio, offering clear upside potential for a new owner to increase rents and improve returns.

1333 W Taylor Street, Phoenix

822 E Carol Avenue, Phoenix
$749,000
5 Beds ⋅ 4 Baths ⋅ 6952059 MLS ⋅ 85020 Zip Code
Fully occupied fourplex at the end of a cul-de-sac in East Sunnyslope, offered at $749,000. Three 1BR units and one 2BR unit feature slump-block construction, ceramic-tile interiors and private fenced patios or yards. A new asphalt-shingle roof with a reported transferable warranty and low-maintenance landscaping support ownership. Current OM underwriting shows $33,573 normalized NOI and a 4.48% cap rate; the market-rent pro forma shows $45,727 NOI and 6.11%. Convenient access to SR-51 and Central Phoenix employment, healthcare, shopping and recreation. No seller financing. Do not disturb tenants. Buyer to verify rents, expenses, condition, warranty and all information. 822 E Carol Avenue is a four-unit property in East Sunnyslope with three one-bedroom residences and one two-bedroom residence. All four are reported occupied. The approximately 1,776-SF building occupies an approximately 6,970-SF site. Features include slump-block construction, ceramic-tile interiors, private fenced patios or yards, low-maintenance desert landscaping and a new asphalt-shingle roof with a reported transferable warranty. The current OM uses its July 2026 rent schedule: $3,565 monthly base rent plus $225 monthly utility reimbursements, totaling $3,790. Annual base rent is $42,780 and reimbursements are $2,700, producing $45,480 gross potential income. A 3% economic vacancy allowance produces approximately $44,116 effective gross income, despite reported 100% physical occupancy. Normalized current expenses total $10,543: taxes $766, insurance $1,748, management $3,529, repairs $1,200, water/sewer/trash $2,300, landscaping $400 and other expenses $600. Current normalized NOI is $33,573, a 4.48% cap rate at the $749,000 asking price. These are underwriting assumptions and should be reconciled with current leases, collections and invoices. The illustrative market-rent case assumes $1,100 monthly for each one-bedroom unit and $1,400 for the two-bedroom unit. Reimbursements remain $2,700 annually; economic vacancy remains 3%; management remains 8% of effective gross income. Pro forma effective gross income is $57,327, expenses are $11,600 and NOI is $45,727, producing a 6.11% cap rate. Future rent changes are subject to existing leases and market conditions. The location offers access to SR-51, Central Phoenix employment, healthcare, retail and mountain recreation. Seller financing is not available. Please do not disturb tenants. Complete tenant leases are provided only after the property is under contract to protect tenant privacy. Disclaimer: Information is believed reliable but is not guaranteed. Buyer must independently verify all facts, figures, income, expenses, leases, occupancy, measurements, condition, zoning and permitted uses. Pro forma rents, returns and financing illustrations are estimates, not guarantees. Offering is subject to errors, omissions, prior sale, changes in price or terms and withdrawal without notice.

822 E Carol Avenue, Phoenix

316 E Vogel Avenue, Phoenix
$845,000
7 Beds ⋅ 404 Baths ⋅ 6935184 MLS ⋅ 85020 Zip Code
100% occupied - immediate income from all three residences Three-unit property - two three-bedroom units plus one casita $4,995 in total scheduled monthly income $19,219.29 in seller-reported recent improvements New 125-amp electrical panel and service upgrades Updated kitchens and bathrooms with attractive finishes Interior paint, doors, hardware, lighting and ceiling-fan improvements Individual washer and dryer in each unit Private residential setting with a shared BBQ and gathering area Strong North Phoenix location with established rental demand R-3 zoning on approximately 13,375 square feet of land Turnkey investment opportunity offering current stability and long-term potential Welcome to 316-322 E Vogel Ave, a fully occupied North Phoenix triplex offering immediate income, a desirable residential layout and substantial recent improvements. The property consists of two spacious three-bedroom residences plus one casita, providing a diversified unit mix that appeals to a broad tenant base. The current rent roll reflects $4,745 in monthly base rent plus $250 in utility and pet fees, producing total scheduled income of $4,995 per month, or $59,940 annually. All three residences are currently occupied, allowing an investor to acquire an income-producing property without an initial lease-up period. PROPERTY HIGHLIGHTS " Fully occupied three-unit investment " Two three-bedroom residences plus one casita " Approximately 3,691 square feet of building area " Approximately 13,375 square feet of land " R-3 multifamily residential zoning " Individual residential buildings offering tenants added privacy " Individual laundry facilities " Shared outdoor BBQ and gathering area " Convenient North Phoenix location within the 85020 ZIP code RECENT PROPERTY IMPROVEMENTS The most recent seller-provided capital-improvements summary reports $19,219.29 in repairs and upgrades. Improvements include: " New 125-amp electrical panel and electrical-service improvements " Interior repairs, texture and two-tone paint " Interior doors, closet doors, locks and hardware " Window repairs and replacement blinds " Kitchen cabinet refinishing, faucets, hardware and related improvements " Bathroom mirrors, accessories, fixtures and tub refinishing " Updated lighting and ceiling fans " Smoke and carbon-monoxide detectors " Garage motor and remote replacement " Sliding-door and closet improvements " General cleaning, safety and property-condition improvements The residences also feature updated kitchens and bathrooms, modern appliances, refreshed interiors and a combination of attractive tile and updated flooring. OUTDOOR AND STORAGE FEATURES A shared outdoor BBQ and gathering area provides residents with a comfortable space to relax and enjoy Arizona's outdoor lifestyle. Mature trees, shaded areas, brick walkways and low-maintenance landscaping contribute to the property's residential character. The property also includes two large gray storage sheds behind the casita and one permanent storage structure. These structures may provide additional storage utility or potential ancillary income, subject to buyer verification, lease terms and applicable municipal requirements. Seller has indicated that stored contents will be removed before closing. INVESTMENT OPPORTUNITY 316-322 E Vogel Ave combines full occupancy, three separate living environments, an established income stream and recent capital improvements. The mix of two three-bedroom units and one casita provides diversification while the separate-building configuration offers residents privacy that is uncommon in many small multifamily properties. This property may be well suited for an investor seeking an occupied North Phoenix multifamily asset with recent improvements and long-term income potential. Buyer to independently verify the rent roll, leases, income, expenses, improvements, permits, storage uses, property condition and all other facts and figures.

316 E Vogel Avenue, Phoenix

36625 N 22nd Street Unit -, Phoenix
$239,000
6892227 MLS ⋅ 85086 Zip Code
Stunning Over 1-Acre Corner Lot with Breathtaking Mountain & Desert Views. Discover the perfect canvas for your custom dream home on this expansive, flat, and buildable 1+ acre corner lot. Surrounded by serene desert beauty and dramatic mountain vistas, this property offers peace, privacy, and space, all without the restrictions of an HOA. Graveled, and cleared, the lot is ready for development. Enjoy a secluded setting just moments from the vibrant heart of Cave Creek, where dining, shopping, and healthcare amenities are easily accessible. Nature lovers will appreciate the proximity to Cave Creek Regional Park, offering miles of scenic trails for hiking, biking, and horseback riding. For weekend adventures, Lake Pleasant and the I-17 freeway are just a short driv Stunning Over 1-Acre Corner Lot with Breathtaking Mountain & Desert Views. Discover the perfect canvas for your custom dream home on this expansive, flat, and buildable 1+ acre corner lot. Surrounded by serene desert beauty and dramatic mountain vistas, this property offers peace, privacy, and space, all without the restrictions of an HOA. Graveled, and cleared, the lot is ready for development. Enjoy a secluded setting just moments from the vibrant heart of Cave Creek, where dining, shopping, and healthcare amenities are easily accessible. Nature lovers will appreciate the proximity to Cave Creek Regional Park, offering miles of scenic trails for hiking, biking, and horseback riding. For weekend adventures, Lake Pleasant and the I-17 freeway are just a short driv

36625 N 22nd Street Unit -, Phoenix

2844 E Monte Cristo Avenue, Phoenix
$569,900
8 Beds ⋅ 8 Baths ⋅ 6855967 MLS ⋅ 85032 Zip Code
4-Plex FOR SALE in the heart of North Phoenix just minutes from Desert Ridge Marketplace, SR51, local schools & parks, shopping, & many other attractions. This deal perfect for an occupant! VA ASSUMABLE loan, see remarks. The unit mix is: one 1bed/1bath unit, one 2bed/2bath unit, one 2bed/1.5 bath TH style unit, & one 3bed/3bath unit. All units have generous square footage along w/W/D H/Us. Each unit has outdoor space w/either a ground level patio or a balcony. Monthly HOA dues INCL: common area maintenance, landscaping, community pool, parking enforcement, & gated access w/fob entry. 3 of 4 units occupied w/good paying tenants, Leases are MTM. DO NOT Disturb Tenants. Drive By ONLY. See documents tab, rents in attachment & listed in MLS are actual. Indiv. metered for water.

2844 E Monte Cristo Avenue, Phoenix

8916 N 11 Street, Phoenix
$525,000
3 Beds ⋅ 3 Baths ⋅ 6658575 MLS ⋅ 85020 Zip Code
Occupied duplex plus a separate rear development parcel at 8916 and 8918 N 11th St, offered together at $525,000. The duplex has one 2BR/1.5BA and one 1BR/1BA residence, totaling approximately 1,865 SF. Both rent for $1,200 monthly, providing $28,800 annual scheduled rent. Current OM expenses of $7,926 produce $20,874 NOI and a 3.98% cap rate. Planning materials depict a proposed rear fourplex of approximately 3,710 SF. Plans are marked Not for Construction; no active building permit is represented. Future development income and costs are excluded from current returns. Buyer to verify parcels, zoning, approvals and feasibility. No seller financing. Do not disturb tenants. 8916 & 8918 N 11TH STREET - DETAILED SUPPLEMENTAL INFORMATION OFFERING OVERVIEW: Unique two-parcel investment and development opportunity in the established Sunnyslope area of North Central Phoenix. The offering combines a fully occupied duplex at 8916 N 11th Street with a separate rear R-4 parcel identified in the available plans as 8918 N 11th Street. The existing duplex provides immediate rental income while a buyer evaluates the available planning and engineering materials for a proposed four-unit residential development on the rear parcel. Asking price is $525,000. No seller financing is available. EXISTING DUPLEX: The approximately 1,865-square-foot duplex is 100% occupied and contains two separately metered residences. Unit A is approximately 1,066 square feet with two bedrooms and 1.5 bathrooms. Unit B is approximately 799 square feet with one bedroom and one bathroom. Each residence is currently rented for $1,200 per month, producing $2,400 in total monthly scheduled rent and $28,800 in annual scheduled rent. Current underwriting reflects $7,926 in annual operating expenses, $20,874 NOI and a 3.98% capitalization rate based on the full $525,000 offering price for both parcels. Tenants pay separately metered electricity and cable. All income, expenses, measurements and occupancy information must be independently verified by buyer. PARCEL INFORMATION: The front duplex parcel is identified as APN 160-02-067. The separate rear parcel is identified in the available plans as APN 160-02-068. Combined gross land area is approximately 14,263 square feet, or 0.327 acre. Parcel dimensions, boundaries, legal descriptions, access, easements, zoning and total land area must be independently confirmed through title, survey, assessor records and the City of Phoenix. PROPOSED FOUR-UNIT CONCEPT: Available plans contemplate a two-story, four-unit residential project on the rear parcel consisting of two 2-bedroom/2-bath residences and two 3-bedroom/2.5-bath residences. The concept totals approximately 3,710 square feet and depicts 10 proposed parking spaces, including an accessible space. The plans reference R-4 zoning and Type V-B sprinklered construction. These are proposed improvements only and have not been constructed. PLANNING, ENGINEERING AND DEVELOPMENT MATERIALS COMPLETED OR AVAILABLE: 1. Fourplex site plan dated August 28, 2024, with a preparer signature dated August 27, 2024. 2. Fifteen-page architectural drawing set dated October 22, 2024. Drawings are marked "Not for Construction," and approval stamps are blank. 3. Landscape-plan sheets prepared for the proposed development, dated March 19, 2021. 4. Geotechnical investigation report dated May 7, 2021. 5. City geotechnical special-inspection forms associated with the available geotechnical materials. 6. Water and sewer engineering estimate dated February 22, 2021. Utility availability, capacity, current pricing and remaining work require verification. 7. Sidewalk easement materials dated October 19, 2021. 8. Legal-description materials for the rear parcel. 9. Parcel-map, site-layout and available boundary or survey-related materials. 10. Property photographs, maps and site information illustrating the relationship between the occupied duplex and rear development parcel. 11. Available variance-related documents referencing ZA-539-18-3 and ZA-524-20. Current validity or renewal has not been established. 12. Available planning, architectural and engineering work product relating to the proposed four-unit concept. EXISTING PROPERTY AND FINANCIAL MATERIALS AVAILABLE: 1. Current rent roll. 2. One-bedroom and two-bedroom rental-comparable information. 3. Available 2022 and 2023 general-ledger information. 4. Available 2024 monthly general-ledger information. 5. Available 2025 general-ledger and income-statement information. 6. Existing duplex floor plans and appraiser measurements. 7. Schedule of personal property. 8. Assessor parcel records and property-tax records. 9. Legal descriptions and parcel information. 10. Available survey or boundary information. 11. Offering memorandum and one-page property flyer. 12. Seller property-disclosure materials. 13. Residential seller property-disclosure form for one-to-four-unit properties. 14. Available home-warranty and insurance-loss information. 15. Market Conditions Advisory. 16. Lead-Based Paint Disclosure. 17. Federal Fair Housing Disclosure. 18. Residential purchase-contract addendum for one-to-four-unit properties. IMPORTANT DEVELOPMENT STATUS: The proposed fourplex is not shovel-ready or permit-ready. No active building permit is represented, and the architectural drawings are marked "Not for Construction." The available variances contain time-sensitive stipulations, and their current validity or renewal status has not been established. Landscape, geotechnical, utility and other older materials may require revision or updating. A complete current civil and construction-document package has not been established. A buyer should anticipate additional investigation, design, engineering, governmental review, approvals, permits and possible revisions. Remaining or unverified items may include variance renewal; City pre-application and plan-review confirmation; grading and drainage plans; fireline plans; private water and sewer plans; mechanical, electrical and plumbing plans; utility availability and capacity confirmation; access, parking and easement review; demolition documentation; permit-status verification; architect and engineer invoices; remaining professional fees; development-cost estimates; and final title, survey and legal review. The seller and listing broker do not represent that the available plans, reports, estimates, easements, variances or other work product are current, complete, transferable, approved or suitable for the buyer's intended use. Buyer must independently determine the condition, status, usability, cost and value of all materials and the feasibility of any proposed development. LOCATION: Located in the established Sunnyslope neighborhood near HonorHealth John C. Lincoln Medical Center, North Mountain Park and Preserve, neighborhood shopping, restaurants and services. A park is located across the street. Nearby Dunlap Avenue, Central Avenue, 7th Street and 12th Street provide convenient access throughout North Central Phoenix, with connections to State Route 51 and Interstate 17. TENANT-PROTECTION NOTICE: Tenant names, deposits, lease dates, lease documents and personally identifying tenant information are not publicly disclosed. Lease documents and protected tenant information will be made available to a buyer after the property is under contract and during the due-diligence period. All information is believed reliable but is not guaranteed and is subject to change. Buyer and buyer's representatives must independently verify all facts, figures, rents, expenses, NOI, capitalization rate, occupancy, measurements, parcel information, zoning, utilities, plans, reports, variances, easements, approvals, permits, costs and development feasibility.

8916 N 11 Street, Phoenix

Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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