Multi Family homes for sale & real estate in Central Phoenix, AZ

Multi Family Home for sale in Central Phoenix, AZ:

On nearly a half-acre in Arcadia Lite, this property has a 3 bed & 2 bath single family house and a four plex. Each unit of the four plex is a full 1 bed & 1 bath with private backyard areas. This property is the perfect opportunity for a long-term rental, short-term rental, sober living, residential assisted living, etc! Full cosmetic remodel completed in 2022, this property is an investors dream. The property is equipped with a pool which is closed off to only the main house, putt-putt golf, and bocce ball. Block walls around the perimeter of the house give full privacy. Property had a 2 year tenant paying $24K/mo and averaged $28K/mo in January, February and March of 2025. Fi

Multi Family Home for sale in Central Phoenix, AZ:

4607 N 12th Avenue, a triplex situated in the Melrose District. The property features 100% 2-Bed / 1-Bath units with spacious layouts. The property is of block construction and was extensively renovated in 2024. The recently completed upgrades consist of; stainless steel appliance package, flooring, cabinets, flooring, countertops, bathrooms and more. All units feature private patios, in-suite washer's & dryer's, community courtyard and covered parking. Residents are sure to enjoy the walkability of the neighborhood, being minutes to trendy social and dining options situated throughout the Melrose District. This opportunity is one that allows the Buyer to owner occupy. Property is cur

Multi Family Home for sale in Central Phoenix, AZ:

Investor Special - Value-Add 4-Plex in Central Phoenix Calling all savvy investors—this Central Phoenix 4-unit multifamily is a rare opportunity in a high-demand rental corridor near 24th St and Thomas. Located in the Avalon subdivision, this property features: (2) 1-Bed / 1-Bath Units (1) 3-Bed / 2-Bath Unit (2) 2-Bed / 1-Bath Unit Covered Parking for 4 + 3 Uncovered SpacesSolid Block Construction | Built in 1960 Property needs work - drive-by only. This is a classic value-add situation with long-term potential. All units are currently rented, but rents are significantly below market. With updates, there's excellent upside on cash flow and property value. Perfect for buy-and-hold

Multi Family Home for sale in Central Phoenix, AZ:

2608 W Pierson St is a renovated 4-unit multifamily community located in Phoenix, AZ. Originally built in 1961, the property sits just minutes from Grand Canyon University and consists of (4) remodeled 1-bedroom units. Previous renovations completed in 2023 include new landscaping and fencing, exterior paint, windows, stainless steel appliances, vinyl flooring, and white shaker cabinetry. Future ownership will have the opportunity to acquire a well-performing asset requiring minimal ongoing maintenance costs. Situated within close proximity to Grand Canyon University, one of Phoenix's largest private universities with over 100,000 students (online + on-campus), 2608 W Pierson benefits from