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$675,000
6 Beds ⋅ 4 Baths ⋅ 7066921 MLS
Great opportunity to own an income producing 4 plex in Mesa. Two one bed/one bath apartments and two 2bed/one bath apartments. Building has new exterior paint. This building does share a common area courtyard with 1540 E Broadway Rd and they need to be bought together. Unit D tenant has been there just over a year the other 3 tenants are all long term. Units have not been remodeled and could use some TLC.

1546 E Broadway Road, Mesa
$595,000
7 Beds ⋅ 4 Baths ⋅ 7066916 MLS
Great opportunity to own an income producing property in Mesa. Rare building with one 3 bedroom/two bath apartment and two two bedroom/one bath apartments. The two bedroom apartments are occupied with long term tenants on month to month leases. The three bedroom was just rented after some renovations on a one year lease at $1700mo. Building has new exterior paint and a new water main. Building does share courtyard and common areas with 1546 Broadway and needs to be bought together.

1540 E Broadway Road, Mesa
$1,380,000
16 Beds ⋅ 9 Baths ⋅ 7066520 MLS
The Heatherbrae 9 Portfolio is a prime, cash-flowing nine-unit multifamily property in Midtown Phoenix (85015). Featuring seven 2-bed/1-bath and two 1-bed/1-bath units across three single-story triplexes on a ±25,356 SF corner lot, it offers immediate rental upside and value-add potential. PROPERTY HIGHLIGHTS: - UNIT MIX: Seven 2-bed/1-bath, two 1-bed/1-bath (1963 build). - LAYOUT: Three detached single-story triplexes with private patios. - PARKING: 14 spaces (2 covered) plus on-site laundry. - UTILITIES: Individually metered electricity. LOCATION & TRANSIT: - COMMUTE: 5.5 miles to Downtown Phoenix; 9.4 miles to Sky Harbor Airport. - TRANSIT: Under 1 mile to the Valley Metro Light Rail; instant I-17 access. - NEIGHBORHOOD: Walkable Midtown corridor near arts, dining, and histo

2140 W Heatherbrae Drive, Phoenix
$930,000
12 Beds ⋅ 6 Baths ⋅ 7066303 MLS
Six on Heatherbrae is a high-demand, cash-flowing six-unit multifamily property in Midtown Phoenix (85015). Featuring two detached single-story triplexes with large 2-bed/1-bath units on a ±16,870 SF corner lot, it offers immediate rental upside and value-add potential for 1031 buyers. PROPERTY HIGHLIGHTS: UNITS: Six spacious 2-bed/1-bath layouts (1963 build). LAYOUT: Two detached single-story triplexes with private patios. FINANCIALS: Cash-flowing with strong value-add potential. PARKING & UTILITIES: 10 open spaces; individually metered electricity. LOCATION: Corner lot in Midtown Phoenix, near the 19th Ave / Camelback Light Rail. ACCESS: Minutes to I-17, I-10, SR-51, and Sky Harbor Airport.

2144 W Heatherbrae Drive, Phoenix
$450,000
4 Beds ⋅ 3 Baths ⋅ 7066242 MLS
Three on Heatherbrae is a high-demand, value-add 1963 triplex on a ±8,486 SF lot in Midtown Phoenix, ideal for 1031 exchange investors. INVESTMENT HIGHLIGHTS: THE ASSET: One 2B/1B and two 1B/1B single-story units with large private patios. UPSIDE: Direct rental growth via interior/exterior modernizations. UTILITIES/PARKING: Individually metered electric, gas ovens, and 4 parking spaces. LOCATION & TRANSIT: Prime 85015 corridor. Minutes to I-17, 1 mile to Light Rail, ~13 mins to Downtown, and ~14 mins to Sky Harbor Airport. Highly walkable urban hub.

2134 W Heatherbrae Drive, Phoenix
$1,100,000
8 Beds ⋅ 8 Baths ⋅ 7065881 MLS
Do not miss the fantastic opportunity to own this 4-plex no HOA! All four units feature a practical and spacious floor plan with soaring vaulted ceilings, wood-look flooring in main living areas, fireplace, and well-appointed kitchen with built-in appliances. Two bedrooms and two bathrooms for added convenience. Nicely sized backyard with covered patio. Great location close to dining, medical facilities, and freeways! Act before it's too late!

319 E Coronado Road Unit 1, Phoenix
$624,900
6 Beds ⋅ 4 Baths ⋅ 7065871 MLS
Don't miss this opportunity to own a multifamily property. Each unit features 3 bedrooms, 2 bathrooms, and 1,000 sq ft, with identical mirrored floorplans. Enjoy generously sized rooms, spacious closets, and tile flooring throughout. Kitchens are upgraded with quartz countertops, high-quality soft-close cabinetry, crown molding, separate pantry plus all-new appliances in both units. Each unit includes a tankless water heater, interior laundry hook-ups and are individually metered for electricity. Tub and shower surrounds are porcelain panels. Exterior features include concrete driveways and low-maintenance gravel landscaping. Owner covers water and trash.

13608 W Maryland Avenue, Litchfield Park
$569,900
6 Beds ⋅ 4 Baths ⋅ 7065861 MLS
Limited Investment opportunity! New build duplex total sf 2496 Located at crismon and broadway. Great location! Oversized lot R-5 zoning (2) 3 bedroom/2 bath units with great layout High ceilings/ open floorplan Upgraded finishes for better rents. Very close to freeways Perfect to own and live in one side other side is rented.

401 S 97th Way, Mesa
$715,000
6 Beds ⋅ 6 Baths ⋅ 7065772 MLS
Brand new duplex built by Gardner Davila Construction. Builder incentive 4.99% interest rate for 30 year mortgage with 780+ credit score, personal residence buyer with a 10% down payment. Both units feature 3 beds and 3 baths with an oversized great room and large bedrooms. To be complete October 2026.

1525 W Tonto Street Unit 1 & 2, Phoenix
$510,000
6 Beds ⋅ 3 Baths ⋅ 7065237 MLS
Great investment opportunity in Central Phoenix! This triplex was recently updated and each unit has a large living room, two-bedrooms, one bathroom, a spacious kitchen, and great backyard space. All three units are fully leased with stable tenants. Good roof (replaced in 2016) and new air-conditioning units (replaced in 2020 & 2024). Make your move now! Drive by only. Do not disturb tenants. Assumable FHA loan, balance $376k at 5.73% rate. 29 years remaining.

2210 W Heatherbrae Drive, Phoenix
$675,000
2 Beds ⋅ 4 Baths ⋅ 7065156 MLS
Exceptional investment opportunity in the heart of Tempe. Beautifully remodeled duplex offers an ideal location just minutes from ASU, shopping, dining, entertainment and major transportation. Each unit features one bedroom and one bathroom with a completely remodeled interior creating a fresh, modern and move in ready living space. Both units include all appliances, making them attractive to students, professionas or long term tenants. Eash side has carport exterior storage, additional storage space, ability to install a washer and dryer adding another desirable amenity for future tenants. With its prime Tempe location by ASU, completely renewed, its an excellent opportunity for an investor. Duplex has been non smoking Please use WFG National Title property has a benef deed in place

625 W 12th Street, Tempe
$420,000
4 Beds ⋅ 2 Baths ⋅ 7064977 MLS
Great investment opportunity in Mesa! This duplex features two 2-bedroom units, each with its own private yard and separate utility meters. Conveniently located near public transportation and Valley Metro Rail, with easy access to Downtown Mesa, ASU, and major Valley destinations. Great opportunity for an investor or owner-occupant looking to build long-term value. Don't miss this opportunity!

20 N Santa Barbara Drive, Mesa
$199,999
8 Beds ⋅ 7 Baths ⋅ 7064950 MLS
Excellent redevelopment opportunity with plans and permits already approved and paid for. BOTH PARCELS INCLUDED, PLEASE READ. This project consists of a full remodel and renovation of the existing properties at 948 and 954 W Mohave St. The approved plans convert the 948 property into a functional duplex consisting of two 2-bedroom, 2-bathroom units, while the 954 property is designed as a fully renovated 4-bedroom, 3-bathroom single-family home. Permits are approved and paid for, allowing the buyer to take over and complete the project. Property is currently boarded by the City of Phoenix and access is limited. Buyer to verify all facts, figures, plans, permits, square footage, and intended use. Approved permits and plans are available in the Documents tab.

954 W Mohave Street, Phoenix
$650,000
7 Beds ⋅ 4 Baths ⋅ 7064937 MLS
INVESTMENT OPPORTUNITY to own THREE separate income-producing units. All three units are currently rented, providing immediate rental income. Convenient Phoenix location with access to major roads, shopping, dining, and nearby amenities. Great opportunity for investors looking to add a multi-unit property to their portfolio. Properties are located on two parcels. The owner is working to have the parcels combined with the city. Please include both legal descriptions on the offer. Buyer to verify all facts and figures.

3716 E Fillmore Street, Phoenix
$690,000
9 Beds ⋅ 5 Baths ⋅ 7064823 MLS
This 4-unit property in Phoenix presents a compelling opportunity for the owner-occupant or buy-and-hold investor looking to enter or expand in one of the Valley's most resilient rental markets. The offering features a desirable unit mix of three 2-bedroom residences and one spacious 3-bedroom unit, ideal for the house hacker looking to offset their mortgage while building long-term equity. The property is move-in ready with meaningful updates already in place, allowing an investor to step in with confidence while still having a clear runway to add value through strategic improvements and rental rate optimization.

2440 E Waltann Lane, Phoenix
$450,000
5 Beds ⋅ 3 Baths ⋅ 7064724 MLS
Cash Flowing Triplex, Priced to Trade Quickly, Market Rents, Low Expenses Near North Mountain, I17, Tile Flooring, Private Patio's, Lots of Parking, Individually Metered for Electricity, Laundry Onsite Opportunity. All facts and figures approximate, Buyer to verify to their own satisfaction.

10213 N 15th Avenue, Phoenix
$711,000
5 Beds ⋅ 3 Baths ⋅ 7064669 MLS
Exceptional investment opportunity in the heart of Phoenix! This unique portfolio includes three separate single-family homes being offered together at one price: 830 S 15th Ave (2 bed/1 bath), leased through 10/31/2026 at $1,838.55 per month; 820 S 15th Ave (1 bed/1 bath), leased through 8/31/2027 at $1,553.07 per month; and 1501 W Hadley St (2 bed/1 bath), leased through 11/30/2026 at $1,636.00 per month. Generating approximately $5,027.62 in monthly gross rental income, this portfolio provides immediate cash flow, built-in stability, and long-term investment potential. Whether you're looking to expand your rental portfolio, or take advantage of a unique house-hacking opportunity - live in one home while collecting income from the other two, this property offers exceptional flexibility and a rare opportunity to own multiple income-producing homes in a rapidly growing area. All three homes have separate electric and gas meters, simplifying utility management. All major remodeling was completed in 2021, with updated finishes throughout, making this a true turnkey investment. Each home features a private fenced yard for added privacy and outdoor enjoyment and includes essential appliances such as a stove, refrigerator, and washer/dryer to support tenant satisfaction and minimize ownership expenses. Perfectly positioned for flexible ownership, multigenerational living, or long-term portfolio growth, these properties are conveniently located near Downtown Phoenix, major freeways, public transportation, employment centers, shopping, dining, and entertainment, benefiting from strong rental demand and excellent accessibility. DRIVE-BY ONLY -- please do not disturb tenants. Walkthroughs available with accepted offers only. Act quickly--opportunities like this do not come around often. Buyer to verify all facts and figures.

830 S 15th Avenue, Phoenix
$8,699,900
45 Beds ⋅ 45 Baths ⋅ 7064384 MLS
Alameda Villas Brand New Luxury Townhomes! Offering exceptional value with one of the lowest price-per-sqft opportunities in the Arcadia/Scottsdale area. Discover Alameda Villas, a stunning new construction community completed in 2024, offering 15 meticulously designed single-family townhomes. Built for ultimate flexibility, these homes can be sold individually as single-family residences or acquired entirely for a lucrative leasing opportunity. Each three-bedroom, 2.5-bath unit offers premium finishes, custom cabinetry, elegant countertops, beautiful flooring, and durable synthetic stucco exteriors for a low-maintenance lifestyle. Prime Location: Near dining, grocery stores, and shopping. Living Space: 1,825 SQFT Under Roof: 2,246 SQFT / 2 Garages Plus, fully occupied!

3804 E Monterey Way, Phoenix
$900,000
8 Beds ⋅ 4 Baths ⋅ 7064367 MLS
Investor's dream**DO NOT DISTURB OCCUPANTS** Turn-key and cash-flowing 4 plex with updated 2 bed, 1 bath units. TILE ROOF, Townhouse style. Private yard and individual laundry room in each unit. All occupied. Built in 1986. 10,160 sqft lot, 6 covered and 6 uncovered parking spots. The current rents are: Unit 1: $1,530 (long term tenant 10+ years) Unit 2: $1,550 (lease ends August 31, 2026) Unit 3: $1,530 (long term tenant 10+ years) Unit 4: $1,650 (lease through Jun 30, 2027)) Total of $6,260/month. Tenants never pay late. Tile floors throughout in all units. Each unit is separately metered for electricity. Tenants cover electricity, landlord pays water. There is a shed for storage could potentially be turned into office, or another unit. Last repair on the roof was 7/2026. Fresh exterior paint 10/2024 Unit 1 has a new water heater in 2/2023 and AC condenser in 10/2020, Condenser Fan Motor AC 5/2026 Unit 2 has a new dish washer and washer in 10/2022, water heater and garbage disposal in 2/2022 and dryer in 8/2020, inside fresh paint 2023, indoor fan motor (blower) AC in 7/2025, new wheel blower and capacitor in 7/2025. Unit 3 has a new fridge in 2/2020, new capacitor and TXV for AC in 7/2025 Unit 4 has a new water heater in 1/2021 and garbage disposal in 10/2022, new Indoor fan motor AC in 11/2025, new vanity in 6/2026, inside fresh paint 2026. Low maintenance landscaping. Fresh paint. Lights with motion sesnsor in parking lot. Strong demand rental area. Situated in the heart of Mesa with easy access to dining, shopping, and major freeways. This is ideal for both seasoned investors and those entering the multi family market. Well-maintained.

457 E 9th Avenue, Mesa
$690,000
8 Beds ⋅ 4 Baths ⋅ 7063725 MLS
TURN-KEY INVESTOR SPECIAL IN THE HEART OF DOWNTOWN MESA!!! All 2 bd/1bth units. 3 units are currently occupied. All units have been remodeled. Sold 'as is.' Listing info to be verified by buyer. Walking distance from light rail, shopping, entertainment, freeway access.

50 N May --, Mesa
$1,185,000
10 Beds ⋅ 5 Baths ⋅ 7063520 MLS
Excellent Central Phoenix investment opportunity! Updated 5-unit multifamily property featuring spacious 2BD/1BA units. Units offer updated kitchens, bathrooms, flooring and appliances. Property includes covered parking, private outdoor areas and low-maintenance landscaping. Additional value-add opportunity with existing bonus space that could potentially be converted into an on-site laundry facility, creating an additional revenue stream while providing a desirable tenant amenity and supporting future rent growth. Alternatively, the space could be utilized as tenant storage for additional monthly rental income. Convenient Central Phoenix location near 15th Ave & Indian School Rd with easy access to Downtown Phoenix, freeways, shopping, dining and public transportation.

4012 N 15th Avenue, Phoenix
$445,000
2 Beds ⋅ 2 Baths ⋅ 7063336 MLS
Experience the perfect blend of comfort and convenience in this fabulous single-story duplex! Discover a warm and inviting great room with wood-look flooring, neutral palette, and ceiling fans throughout, creating a bright and comfortable atmosphere. The kitchen offers subway tile backsplash, stainless steel appliances, recessed lighting, quartz counters, white cabinets, and a breakfast bar that's perfect for casual dining or your morning coffee. Have a good night's sleep in the quaint bedroom complete with a sliding door closet. Enjoy stunning mountain views from the spacious backyard. Don't let this amazing opportunity slip away! Perfect investment opportunity with tenants already in place!!

1447 E Mountain View Road, Phoenix
$765,000
5 Beds ⋅ 4 Baths ⋅ 7062682 MLS
Fountain Hills fully rented duplex featuring a private pool and two spacious units—a 3BR/2BA and a 2BR/1.5BA. This well-maintained property offers strong rental income, desirable layouts, and excellent tenant stability. Located in a quiet, scenic neighborhood with easy access to local amenities, this duplex stands out with its larger floorplan and hard-to-find pool amenity. Perfect for investors seeking reliable cash flow or an owner-occupant looking to offset housing costs.

14048 N Cameo Drive, Fountain Hills
$650,000
3 Beds ⋅ 3 Baths ⋅ 7062358 MLS
Downtown Tempe Triplex. Genuinely close to Valley Metro Light Rail, Town Lake, Tempe Streetcar, and Arizona State University. Neighboring Mill Avenue dining, shopping, and entertainment. Well-cared-for, low-maintenance building that speaks to the rarity and desirability of a multifamily property in this location. New roof 2024; 2 new A/C units and 3 new tankless smart water heaters installed in 2026. Suitable for an investor or owner-occupants looking to live in one unit while generating rental income from the other two. Seller Will Consider buyer closing cost concessions.

509 W 2nd Street, Tempe
$660,000
8 Beds ⋅ 4 Baths ⋅ 7062340 MLS
The 15th Street fourplex consists of four 2-bedroom, 1-bath units, each approximately 650 square feet. Average rents are $1,107 per unit, producing gross annual income of approximately $53,160. Operating expenses are low, with the owner responsible only for water, sewer, and trash. Three of the four units have been renovated, and two HVAC systems have been replaced within the last 2-4 years. Located in the highly desirable Garfield Historic District, the property offers historic charm, excellent walkability, and close proximity to Roosevelt Row, making it an attractive investment with strong long-term upside in one of downtown Phoenix's most sought-after neighborhoods.

377 N 15th Street, Phoenix
$519,990
4 Beds ⋅ 3 Baths ⋅ 7062109 MLS
Centrally located triplex in central Mesa. Building has two, 1-bed units and one 2-bed unit. Each unit has a private garage and individual storage closets with laundry hookups. Each tenant pays their own electric and gas while the owner pays water, sewer, and trash. Tenants share a common backyard. The property is rock landscaped for easy maintenance. Two of the three air conditioning units were replaced in the last month. at time of listing, units are all occupied. Property is close to shopping, public transportation and freeways.

41 W 7th Street, Mesa
$995,000
7 Beds ⋅ 4 Baths ⋅ 7062031 MLS
The Axl in Garfield is a 4-unit garden-style property of solid block construction, built in 1965, 1968, and 1996 and was extensively renovated and modernized in 2025, with approximately $55k per unit in capex.. The community includes (3) 2-bed / 1-bath units and (1) 1-bed / 1-bath unit, each with fully renovated interiors featuring upgraded flooring, cabinetry, countertops, stainless steel appliances, and in-unit washer/dryers; select units also include private fenced yards. Residents enjoy dedicated parking, and easy access to Downtown Phoenix, all within the historic Garfield Historic District, one of Phoenix's most vibrant urban enclaves. With residential financing available, The Axl in Garfield offers a turnkey, cash-flowing investment in a dynamic infill location.

1338 E Fillmore Street, Phoenix
$725,000
4 Beds ⋅ 4 Baths ⋅ 7061053 MLS
Rare investment opportunity in the heart of Central Avondale! This fourplex features four 1-bedroom, 1-bathroom units, each offering just over 500 square feet of living space. Situated on a generous lot, the property presents exceptional potential for investors, developers, or owner-occupants looking to build equity. Constructed with a combination of wood frame and finished with classic stucco, this income-producing property is conveniently located near Central Avenue with easy access to shopping, dining, schools, and major commuter routes. Whether you're looking to renovate, reposition, or expand your investment portfolio, this centrally located fourplex offers endless possibilities in a rapidly growing area.

338 N 1st Street, Avondale
$695,000
8 Beds ⋅ 4 Baths ⋅ 7061019 MLS
Great Investment Opportunity Fully Occupied 4-Plex! This is your chance to own a cash-flowing 4-plex with low tenant turnover and consistent rent payments. Three of the four 2-bedroom, 1-bath units includes washers and dryers, the other unit has washer/dryer hookups. Residents enjoy the convenience of secure, dedicated storage spaces and covered parking with ample lighting. 4 new Trane AC units (2021). Located near the vibrant Cardinal Stadium, shopping centers, local eateries, and community events, this 4-plex is perfectly positioned to capitalize on Arizona's growth.

6621 W Pasadena Avenue, Glendale
$950,000
4 Beds ⋅ 4 Baths ⋅ 7060954 MLS
Two stand alone duplexes, 4 large spacious units in total. LOTS of parking with additional guest parking available too. Tenants in place for several years. Prime central phx location close to everything. Units updated in 2019. Tenants in place, drive by only.

1405 E Roosevelt 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.