Courtesy of Matthews Real Estate Investment Services
Property Description
**Now offering seller financing** 4-unit multifamily opportunity located in Phoenix, AZ. Built in 1971, the property features 100% 2-bedroom, 1 bath units, all of which have been renovated with granite counter tops, white shaker cabinetry, stainless steel appliances, in-unit washer/dryer, and more. The community also features a private BBQ area and covered parking. Additionally, the property is within walking distance to Phoenix Children’s Hospital and nearby other points of interest such as Downtown Phoenix and the Biltmore Fashion Park. With its close proximity to the hospital, there is potential to convert the units to mid-term rentals upon lease expiration, which typically yields a rent premium over traditional year-long leases.
Open House
Property Details and Features
-
Property Access
- Road Surface: Asphalt
-
Appliances & Equipment
- Free-Standing Range
- Refrigerator
- Washer/Dryer
-
Bathrooms
- 4 total bathrooms
-
Bedrooms
- 8 total bedrooms
-
Building
- Built in 1971
- 1 building
- Construction Materials: Painted, Stucco, Block
-
Community
- Barbecue
- No Pool
-
Cooling
- Ceiling Fan(s)
- Electric
- Individual
-
Disclosures
- None
-
Expenses
- Gardener: $1,200
- Insurance: $2,767
- Maintenance: $1,603
- Operating: $17,862
- Trash: $1,902
- Water/Sewer: $2,272
-
Exterior Features
- Sidewalk(s)
-
Floors
- Ceramic Tile
-
Heating
- Individual
- Natural Gas
-
Income
- Gross Income: $5,909
- Gross ScheduledIncome: $6,220
- Net Operating Income: $50,844
-
Listing
- Listing ID: 6969126
- Standard Status: Active
- MLS Status: Active
- 225 days on market
-
Location
- Subdivision: GREENFIELD ACRES TRACT 2
- County/Parish: Maricopa
-
Lot
- Dimensions: 9512
-
Owner Pays
- Trash Collection
- Water
- Sewer
- Landscaping
-
Parking
- 4 covered spaces
- 2 open parking spaces
- 6 total parking spaces
- Paved
- Free
- 1 Space/Unit
- On Street
- Carport
-
Roof
- Built-Up
-
Schools
- Elementary School District: Creighton Elementary District
- High School District: Phoenix Union High School District
-
Security Features
- Security Light(s)
-
Sewer
- Public Sewer
-
Taxes
- Additional parcels description:
- Parcel Number: 117-05-070-A
- Public Survey Range: 3E
- Public Survey Section: 34
- Annual Amount: $1,476
- Tax Book Number: 117.00
- Legal Description: GREENFIELD AC TR 2 N2 W2 AS MEAS ALN S LN OF FOL LOT 35 E2 EX N 25′ & EX W 25′ & EX 5’X5′ TRI IN NW
- Lot: 35
- Parcel Letter: A
- Year: 2026
- Zoning: Multi
-
Utilities
- Water Source: City Franchise
- APS
Property Map
Street View
Market Trends for 85006, Phoenix, AZ
Nearby Schools
Request More Information
Schedule a Showing
Similar Properties Nearby
This content last updated on September 5, 2026 1:38PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.