Calling all investors! Incredible opportunity to own a fourplex in the heart of Phoenix with major upside potential. This property offers a strong value-add opportunity for the right buyer ready to complete renovations and maximize income.Unit 1 has been fully demoed and is ready for renovation, offering a blank slate to create a turnkey 3-bedroom, 2-bath unit with in-unit laundry.Units 3 and 4 have been partially remodeled and are awaiting completion. Both units are 1-bedroom, 1-bath layouts.Units 1, 3, and 4 are currently vacant. Unit 2 is tenant occupied at this time, though the tenant is expected to vacate. Whether you're looking to renovate and hold, reposition for stronger rents, or add to your investment portfolio, this fourplex presents a rare opportunity in a desirable central Phoenix location.
Listed by:
Keller Williams Realty Sonoran Living
Listing provided courtesy of Arizona Regional Multiple Listing Service, Inc. (ARMLS)| Date | Days Ago | Event | New Price |
|---|---|---|---|
| May 14, 2026 | 21 days ago | Price decreased24,000 (4%) | $575,000 |
| Apr 9, 2026 | 2 mos ago | New on market | $599,000 |