Courtesy of My Home Group Real Estate
Property Description
Exceptional investment opportunity in the heart of Central Phoenix. Ideally situated near the Biltmore Area and Downtown Phoenix, this gated triplex offers strong in-place income with zero vacancy and modernized interiors throughout. The property features two 1 bed / 1 bath units and one 2 bed / 1 bath unit, all thoughtfully updated while maintaining a touch of mid-century character. Tenants enjoy a private, lushly landscaped courtyard, along with semi private patios for each unit, creating a unique community-oriented living environment. Additional highlights include covered parking for three vehicles plus 3 uncovered spaces, multiple storage areas, and a shared laundry room with washer and dryer included. Each unit is separately metered for gas and electric and equipped with its own separately metered for gas and electric and equipped with its own HVAC system and water heater, minimizing owner expenses and simplifying management. Ideal for investors seeking stable cash flow, with future flexibility. Potential owner-occupant opportunity available as early as July. These opportunities do not come up often!
Open House
Property Details and Features
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Property Access
- Road Surface: Asphalt, Dirt
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Appliances & Equipment
- Built-In Range
- Disposal
- Refrigerator
- Microwave
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Bathrooms
- 3 total bathrooms
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Bedrooms
- 4 total bedrooms
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Building
- Built in 1968
- 1 building
- Construction Materials: Block
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Community
- No Pool
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Cooling
- Ceiling Fan(s)
- Electric
- Individual
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Disclosures
- Seller Prop Disc Stm
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Expenses
- Gardener: $300
- Insurance: $1,327
- Operating: $7,005
- Water/Sewer: $2,209
- Other Expense: $1,810
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Exterior Features
- Sidewalk(s)
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Floors
- Ceramic Tile
- Vinyl
- Wood
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Heating
- Individual
- Natural Gas
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Income
- Gross Income: $54,600
- Gross ScheduledIncome: $54,600
- Net Operating Income: $47,595
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Listing
- Listing ID: 7020424
- Standard Status: Active Under Contract
- MLS Status: UCB (Under Contract-Backups)
- On market as of 2026-04-30
- 128 days on market
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Location
- Subdivision: VICTOR PARK
- County/Parish: Maricopa
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Lot
- Dimensions: 128 x 65
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Owner Pays
- Trash Collection
- Water
- Sewer
- Landscaping
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Parking
- 3 covered spaces
- 1 open parking spaces
- 4 total parking spaces
- Paved
- Assigned
- Add’l Parking Avail
- >1 Space Per Unit
- 1 Space/Unit
- Carport
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Roof
- Composition
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Schools
- Elementary School: Madison Camelview Elementary
- Elementary School District: Madison Elementary District
- Middle School: Madison Park School
- High School: North High School
- High School District: Phoenix Union High School District
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Security Features
- Security Light(s)
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Sewer
- Sewer-In & Connected
- Public Sewer
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Taxes
- Additional parcels description:
- Parcel Number: 155-02-024
- Public Survey Range: 3E
- Public Survey Section: 21
- Annual Amount: $1,359
- Tax Book Number: 155.00
- Lot: 13
- Year: 2025
- Zoning: R-3
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Utilities
- Water Source: Master Meter, City Franchise
- APS
- Individual Meter
Property Map
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This content last updated on September 5, 2026 3:28PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.