Photo 1 of 2
$178,000
Sold on 10/06/26
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
| 2 |
2.00 |
0 |
$1,061 |
1921 |
|
On the market:
28 days
|
View full details, photos, school info, and price history
Rare Investment Opportunity: Prime Multi-Family Package in Phoenix
Unlock exceptional value with this versatile investment opportunity located in central Phoenix. Conveniently positioned with easy access to Downtown Phoenix, I-10, local dining, public transit, and major employment hubs.
This property is a brick duplex featuring 2 separate units, each configured as a 1-bed, 1-bath layout with a fireplace. Needs renovation-perfect for investors looking to add value, update finishes, and bring rents up to market rate to maximize monthly cash flow.
The adjacent vacant lot (2203 W JEFFERSON ST, Phoenix, AZ 85009), also zoned for multi-family residential (MLS 6871932), is being sold TOGETHER as a package deal. Develop the lot to build additional income-producing units and and expand your ren Develop the adjacent multi-family lot to build additional income-producing units and expand your rental portfolio.
Whether you are looking to fix-and-hold for steady passive income or develop the adjoining parcel for maximum yield, this dual-parcel opportunity is built for high returns.
Listing courtesy of Dorette Oppong-Takyi, Russ Lyon Sotheby's International Realty