MLS# 6984600 – 1950 E Yale Street, Phoenix, AZ 85006

Price: $840,000
Units: 3
Property Type: Multiple Dwellings
Status: Active
Year Built: 1961
Days on Website: 77

Courtesy of Barrett Real Estate

Property Description

Excellent investment opportunity in the heart of Phoenix! This centrally located triplex offers strong rental appeal and immediate income potential, as all units are currently fully leased. The property features two units with 2 bedrooms and 1 bathroom, plus a spacious third unit offering 3 bedrooms and 2 bathrooms — ideal for attracting a variety of tenants. Each unit has been thoughtfully updated with modern finishes, including wood-look flooring, neutral color palettes, recessed lighting, and stylish kitchens complete with white shaker cabinetry, quartz countertops, stainless steel appliances, and tile backsplash. Residents enjoy private covered patios, front turf areas, and the convenience of in-unit washer and dryer — features that enhance tenant satisfaction and retention. Situated near major freeways, downtown Phoenix, Chase Field, ASU, Phoenix Children’s Hospital, shopping, dining, and public transportation, this property offers both convenience and long-term desirability. Easy to manage and located in a high-demand rental corridor, this is an ideal addition to any investment portfolio. Don’t miss this opportunity to own a well-maintained multi-family property in a prime central location!

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Property Details and Features

  • Appliances & Equipment
  • “Disposal”
  • “Dishwasher”
  • “Refrigerator”
  • “Microwave”
  • “Washer/Dryer”
  • Building
  • Built in 1961
  • Construction materials: “Painted”, “Block”
  • 3 total units
  • Cooling
  • “Ceiling Fan(s)”
  • “Electric”
  • Floors
  • “Ceramic Tile”
  • Heating
  • “Electric”
  • Listing
  • Listing ID: 6984600
  • Standard status: Active
  • 75 days on market
  • Parking
  • “Paved”
  • “On Street”
  • 5 total parkings
  • Property
  • Zoning: 0
  • Roof
  • “Composition”
  • Schools
  • Elementary school: William T Machan Elementary School
  • High school: Camelback High School
  • High school district: Phoenix Union High School District
  • Sewer
  • “Public Sewer”
  • Taxes
  • Annual amount: $1,247
  • Lot: 123
  • Utilities
  • “APS”

Property Map

$840,000 – 1950 E Yale Street, Phoenix, AZ 85006

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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.