Multi Family homes for sale & real estate in Encanto, AZ

Multi Family Home for sale in Encanto, AZ:

Welcome to The Chesterfield! Fully remodeled and separately metered, this 11-unit apartment complex in Central Phoenix offers a rare combination of flexibility, design, and cash flow potential. Each unit has been tastefully updated with modern finishes, new flooring, and contemporary kitchens and baths. All units can include appliances, furnishings, and assigned parking, ready for immediate operation. Currently run as a successful short term operation, this property is also perfectly positioned for midterm rentals catering to travel nurses, medical professionals, and corporate clients. Located within minutes of Banner University Medical Center, St. Joseph's Hospital, Phoenix Children's Hosp

Multi Family Home for sale in Encanto, AZ:

This pristine seven unit complex is located in the coveted 85016 zip code on a quiet, dead-end street. 7.68 CAP on actual numbers. High-quality new construction across the street. This pocket is arguably one of the nicest you will find in Phoenix. In close proximity to the Biltmore Corridor, Arcadia Lite, PHX Children's Hospital & PHX Country Club. Premium rental market. Stabilized 7.68 CAP with 100% occupancy (master leased to 9/30/2027)-hard to match this! Completely renovated a few years ago from top-to-bottom. Upgrades include, but are not limited to, plumbing/electrical/HVACs/roofs/windows/carpentry/landscaping & more. All 1 bedroom units (507 sf +/-) over three single-stor

Multi Family Home for sale in Encanto, AZ:

-Historic Triplex in Prime Encanto Submarket- Nestled just south of the iconic Phoenix Country Club and minutes from major medical centers, this beautifully restored 1929 triplex in the coveted Coronado Historic District blends vintage charm with modern upgrades. With approximately $200,000 in renovations this two home + loft rental triplex provide a unique living experience for tenants desiring to dwell in the Encanto submarket. Perfect for owner-occupants. Live in the loft and generate approximately $3,895+ in monthly rental income (with potential for increases). A rare opportunity for investors or homeowners seeking historic elegance in a prime Phoenix location.

Multi Family Home for sale in Encanto, AZ:

Exceptional Investment Opportunity - 10-Unit Apartment Complex with Strong Value-Add Potential Discover an incredible opportunity to acquire a well-maintained 10-unit multifamily property offering consistent income and long-term upside. This garden-style community, originally constructed in 1971 and 1992, features nine one-bedroom/one-bath units and one two-bedroom/one-bath unit—each equipped with individual electric meters, dedicated HVAC systems, and separate storage lockers. The property provides 12 off-street parking spaces and a shared community laundry room for resident convenience. The complex has been fully leased and professionally managed for many years under a state-run or