MLS# 7033471 – 1533 E Adams Street, Phoenix, AZ 85034

Price: $659,000
Units: 4
Status: Active
Year Built: 1983
Neighborhood: Collins Addition Phoenix Blocks 31-34 39-40
Days on Website: 94

Courtesy of SRL Group

Property Description

An exceptional investment opportunity in the heart of Downtown Phoenix — two 4-unit buildings offering a rare chance to own 8 total units with conventional financing eligibility. Ideally located within walking distance to Chase Field, the Footprint Center, ASU Downtown Campus, University of Arizona College of Medicine, Banner Health, and the vibrant restaurants, coffee shops, art galleries, and nightlife of Roosevelt Row. All units are currently occupied, providing immediate income potential, and have been nicely updated with additional upside for future improvements and increased rents. Each residence offers its own private patio or yard space, creating an attractive living experience for tenants, along with ample on-site parking. Positioned in one of Phoenix’s fastest-growing Positioned in one of Phoenix’s fastest-growing urban corridors, this property combines location, flexibility, and long-term investment potential. Whether you are looking to expand your portfolio or secure a prime multi-family asset in Downtown Phoenix, this is an opportunity not to miss

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Property Details and Features

  • Property Access
  • Road Surface: Asphalt
  • Appliances & Equipment
  • Refrigerator
  • Bathrooms
  • 4 total bathrooms
  • Bedrooms
  • 4 total bedrooms
  • Building
  • Built in 1983
  • 1 building
  • Construction Materials: Painted, Block
  • Community
  • No Pool
  • Cooling
  • Ceiling Fan(s)
  • Disclosures
  • Other (See Remarks)
  • Expenses
  • Operating: $980
  • Floors
  • Tile
  • Laminate
  • Heating
  • Natural Gas
  • Income
  • Gross Income: $45,212.4
  • Gross ScheduledIncome: $47,592
  • Listing
  • Listing ID: 7033471
  • Standard Status: Active
  • MLS Status: Active
  • On market as of 2026-06-04
  • 101 days on market
  • Location
  • Subdivision: COLLINS ADDITION PHOENIX BLOCKS 31-34 39-40
  • County/Parish: Maricopa
  • Lot
  • Dimensions: IRR
  • Owner Pays
  • Trash Collection
  • Water
  • Sewer
  • Parking
  • 4 open parking spaces
  • 4 total parking spaces
  • 1 Space/Unit
  • Roof
  • Rolled/Hot Mop
  • Schools
  • Elementary School: Phoenix #1 iAcademy
  • Elementary School District: Phoenix Elementary District
  • Middle School: Phoenix #1 iAcademy
  • High School: North High School
  • High School District: Phoenix Union High School District
  • Sewer
  • Public Sewer
  • Taxes
  • Additional parcels description:
  • Parcel Number: 116-46-102
  • Public Survey Range: 3E
  • Public Survey Section: 9
  • Annual Amount: $980
  • Tax Book Number: 116.00
  • Legal Description: COLLINS
  • Lot: 4
  • Year: 2025
  • Zoning: R-5
  • Utilities
  • Water Source: City Franchise
  • APS

Property Map

$659,000 – 1533 E Adams Street, Phoenix, AZ 85034

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This content last updated on September 6, 2026 3:38AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.