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A five-unit multifamily investment opportunity in the heart of Phoenix, Arizona. Originally constructed in 1944, the asset features a mix of 1, 2, and 3 bedroom floor plans. Each of the units have been updated within the last few years; however, future ownership will have the opportunity to capture additional upside through continued interior and exterior renovations. The asset is situated with convenient access to Downtown Phoenix, Sky Harbor International Airport, and major transportation corridors including Loop 202 and I-10. The current cap rate is 7.15% and the seller would be open to carrying with 40% down. An offering memorandum including additional photos is available upon request.
| DAYS ON MARKET | 1 | LAST UPDATED | 9/3/2026 |
|---|---|---|---|
| TRACT | AVIATION HOMESITES | YEAR BUILT | 1944 |
| COMMUNITY | AVIATION HOMESITES | COUNTY | Maricopa |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Wilson Elementary School |
|---|---|
| Jr. High School | Wilson Elementary School |
| High School | North High School |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Multi Units |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Built-In Range, Disposal, Refrigerator |
| CONSTRUCTION | Stucco |
| HEAT | Electric |
| LOT DIMENSIONS | 56.18 X 166.39 X 57.45 |
| PARKING | Paved |
| SEWER | Public Sewer |
| SUBDIVISION | AVIATION HOMESITES |
| TAXES | 1093 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listed with Matthews Real Estate Investment Services
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of MRED. All real estate listings are marked with the Broker ReciprocitySM logo or the MRED Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 MRED. All rights reserved.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2026.