Courtesy of My Home Group Real Estate
Property Description
Comprehensively RENOVATED 4 UNITS Short-Term Rental in PRIME Phoenix LOCATION on R-5 zoning. Cap rate 10.6%. 2025 average occupancy rate 65%, Airbnb rating 4.85 out of 5! Comes with confirmed future bookings totaling over $16,500 through Aug 1, 2026 and the established hosting accounts on main short term rentals platforms!!! UNITS: One 2 BD-1BA and Three Studios. Every unit has its OWN kitchen, bathroom and a separate PRIVATE ACCESS. 2 BD unit has it’s own Laundry with washer and dryer. The backyard is a common space for all guests with a Grill, Fire pit, Hammock and a separate Laundry shed. Cleaning and maintenance crews use another outside shed for supplies. Each unit uniquely renovated and staged, designed to appeal to a broad range of tenants–perfect for maximizing occupancy & incom The property located in a high-demand area of Downtown Phoenix, minutes to Chase Field, the Convention Center, ASU Downtown, Roosevelt Row, Van Buren.
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Property Details and Features
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Appliances & Equipment
- “Free-Standing Range”
- “Dishwasher”
- “Refrigerator”
- “Microwave”
- “Washer/Dryer”
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Building
- Built in 1928
- Construction materials: “Wood Frame”, “Stucco”
- 4 total units
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Cooling
- “Electric”
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Expenses
- Electric: $2,829
- Fuel: $593
- Insurance: $1,500
- Maintenance: $24,014
- Water sewer: $1,000
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Floors
- “Ceramic Tile”
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Heating
- “Electric”
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Listing
- Listing ID: 6969679
- Standard status: Active
- 219 days on market
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Location
- Subdivision name: MARSTON HEIGHTS
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Parking
- “On Street”
- 4 total parkings
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Property
- Zoning: R-5
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Roof
- “Composition”
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Schools
- Elementary school: Garfield School
- High school district: Phoenix Union High School District
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Security Features
- “Security Alarm(s)”
- “Fire Sprinklers”
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Sewer
- “Public Sewer”
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Taxes
- Annual amount: $2,236
- Lot: 9
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Utilities
- “APS”
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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.