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 (north side), also zoned for multi-family residential development, is being sold together as a package deal. Develop the adjacent multi-family lot to build additional income-producing units and expand your rental portfoli 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 Russ Lyon Sotheby's International Realty.
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.
/u.realgeeks.media/northernarizonafinehomes/Dark_Web_BPG_Logo__2025.png){kind=logo}