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Eric Ravenscroft

eric@theravenscroftgroup.com +1(480) 269-5858

$ 659,000

Est. payment | -/mo

Save

$ 659,000

Est. payment | -/mo

Save

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Collins Addition Phoenix Blocks 31-34 39-40

MLS Listing ID 7033470

Year Built 1983

Annual Tax Amount $980

Tax Year 2025

Lot Dimensions IRR

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

An exceptional investment opportunity in the heart of Downtown Phoenix -- two 4-unit buildings offering a rare chance to own 8 total units with conventional financing eligibility. Ideally located within walking distance to Chase Field, the Footprint Center, ASU Downtown Campus, University of Arizona College of Medicine, Banner Health, and the vibrant restaurants, coffee shops, art galleries, and nightlife of Roosevelt Row. All units are currently occupied, providing immediate income potential, and have been nicely updated with additional upside for future improvements and increased rents. Each residence offers its own private patio or yard space, creating an attractive living experience for tenants, along with ample on-site parking.
Positioned in one of Phoenix's fastest-growing urban corridors, this property combines location, flexibility, and long-term investment potential. Whether you are looking to expand your portfolio or secure a prime multi-family asset in Downtown Phoenix, this is an opportunity not to miss

Location

State AZ

County Maricopa

Community Collins Addition Phoenix Blocks 31-34 39-40

Area Maricopa

Zoning R-5

Interior

Heating Natural Gas

Cooling Ceiling Fan(s)

Flooring Tile, Laminate

Appliance Refrigerator

Exterior

Parking Features 1 Space/Unit

Community Features No Pool

Roof Type Rolled/Hot Mop

Private Pool No

Building

Sewer Public Sewer

Water Other

New Construction No

Schools

Elementary Schools Phoenix #1 Iacademy

Middle Schools Phoenix #1 Iacademy

High Schools North High School

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 116-46-103

Acceptable Financing Conventional

Disclosures None

Listing Terms Conventional

Listed by SRL Group • Carrie Lehrman

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NEARBY LOCATIONS

"We Aspire to Be Great By Serving Others. Welcome to A Real Estate Experience Like No Other"

+1(480) 269-5858

eric@theravenscroftgroup.com

1529 E ADAMS Street Phoenix, AZ 85034