Brian Young PLLC
DPR Realty LLC
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653)
8341 E Gelding Drive, Scottsdale, AZ 85260
Fax:

MLS# 6921067 – 2612 W Pierson Street, Phoenix, AZ 85017

$650,000 - Br/Ba - for Sale in Altro Terrace, Phoenix
Price: $650,000
Units: 3
Property Type: Multiple Dwellings
Status: Active
Year Built: 1961
Neighborhood: Altro Terrace
Days on Website: 227

Courtesy of My Home Group Real Estate

Property Description

Fully renovated triplex investment opportunity in Phoenix’s 85017 Canyon Corridor. The property underwent a comprehensive refresh just over a year ago and has been meticulously maintained since. Major capital improvements include a new roof (July 2024), all new sewer lines from under-slab to city connection, and updated electrical wiring—rare peace of mind for multifamily in this vintage. Each unit offers upgraded finishes with new flooring, cabinets, windows (with 2” faux wood blinds), stainless steel appliances, in-unit stack washer/dryer, and private fenced backyards. Two of the three AC units and all water heaters installed in 2024. The property features block wall construction with metal security gates, a shared courtyard with picnic area, and strong tenant appeal. Currently 100% occupied. Grand Canyon University (GCU) is the neighborhood’s dominant demand driver. Enrollment has surged from ~118,000 in 2023 to over 125,000 in 2024, and is projected to exceed 133,000 by 2025-26. The Phoenix campus now houses ~25,000 students, with ~17,000 living in 33 residence halls. GCU’s growth generates year-round rental demand, service jobs, and billions in annual economic output for the area. Ongoing Canyon Corridor revitalization through public-private partnerships improving safety, streetscape, and long-term property values. Just off I-17 with direct access to Camelback Rd and 27th Ave. Served by Valley Metro bus routes and a short ride to light rail.

Open House

Property Details and Features

  • Appliances & Equipment
  • “Refrigerator”
  • “Free-Standing Electric Oven”
  • “Washer/Dryer”
  • Building
  • Built in 1961
  • Construction materials: “Painted”, “Block”
  • 3 total units
  • Cooling
  • “Central Air”
  • Expenses
  • Insurance: $3,000
  • Maintenance: $1,800
  • Water sewer: $1,500
  • Floors
  • “Ceramic Tile”
  • Heating
  • “Electric”
  • Listing
  • Listing ID: 6921067
  • Standard status: Active
  • 225 days on market
  • Location
  • Subdivision name: ALTRO TERRACE
  • Parking
  • “1 Space/Unit”
  • 3 total parkings
  • Property
  • Zoning: R3
  • Schools
  • High school district: Phoenix Union High School District
  • Sewer
  • “Public Sewer”
  • Taxes
  • Annual amount: $1,321
  • Lot: 16
  • Utilities
  • “APS”

Property Map

$650,000 – 2612 W Pierson Street, Phoenix, AZ 85017

Street View

Nearby Schools

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This content last updated on May 2, 2026 3:25PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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