85061, AZ homes for sale & real estate

85061, AZ Homes for Sale

Fully renovated, turn-key 12-unit multifamily asset located in the heart of vibrant Central Phoenix. This rare investment opportunity offers immediate cash flow and long-term upside in one of the city's most dynamic and accessible submarkets. Lamego Palms features spacious, thoughtfully updated two-bedroom, one-bathroom residences averaging approximately 900 square feet. Each unit offers modern finishes, upgraded kitchens and bathrooms, and an in-unit washer and dryer--premium amenities that enhance the resident experience and support strong tenant retention. The property also includes a detached bonus flex space equipped with plumbing and electrical, offering additional functionality and p

85061, AZ Homes for Sale

Uptown PHX 9-unit complex spread out over close to a 25,000-sf lot with R-3 zoning. 7.2 CAP off 2025 P & L w/ 100% occupancy. Nice pocket north of Camelback Road, 1 mile east of GCU & 1/2 mile east of the I-17. Opportunity Zone. Hard to find SELLER FINANCING available but not required (6% interest-only with 30% down in 1st position only). Fully upgraded & fully stabilized. 2025 P & L of $122,000 NOI. Seven buildings. The unit mix consists of (2) two-bedroom units; (4) one-bedroom units; & (3) bigger studio units. The jumbo lot/zoning offers density & additional value potential. Over $250,000 in renovations just a few years ago.

85061, AZ Homes for Sale

Check out this updated unit that will not last long. Tile throughout and a nice clean place that is extremely affordable in a quickly improving Central location. Really nice community areas, with a sparkling pool, mature trees and shaded grassy areas. You won't find anything like this in this price range! This is a co-op so CASH ONLY! No renting allowed, owner occupied units only!

85061, AZ Homes for Sale

* Eligible for up to $17,000 in LOAN ASSISTANCE for your DOWN PAYMENT & CLOSING COSTS * NEWER Street Plumbing, Spray Foam Insulation and Dual-Pane Windows, Block walls for added privacy! This beautifully updated single-story home with NO HOA is a rare find! Featuring a split floor plan, gorgeous ceramic plank tile flooring, granite kitchen countertops -this home is truly move-in ready. Enjoy the luxury of an interior laundry and relax in your private backyard retreat with solid block walls, green landscaping, and ample covered patio space -perfect for entertaining! There's even room to add a carport or RV gate. Located just minutes from vibrant Uptown, historic districts, and Downtow