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$1,635,000
6936056 MLS
Fantastic Investment Opportunity! This well-maintained Multi-Family Property features three separate buildings, each with two spacious units -- totaling six 2 bed / 2 bath units, each approximately 1,200 sq ft. Great rental history and upside potential! Exterior of all buildings was freshly painted in June 2023, and interiors have been updated with new paint as well. The property includes four newer A/C units, with the remaining two approximately 10 years old. The roof was replaced 5 years ago with high-quality 40-year shingles, offering peace of mind for years to come. Tenants and guests will appreciate the ample parking area, designed to comfortably accommodate residents and visitors alike. Sale includes two parcels: APN #121-76-050-B APN #121-76-050-C Both lots have separate dimensions per plat records and are being sold together. Don't miss out on this exceptional income-producing property with strong fundamentals and recent upgrades!

1002 N 27th Place, Phoenix
$499,900
2 Beds ⋅ 2 Baths ⋅ 6934879 MLS ⋅ 1,089 SqFt.
Seller Financing Available! High rise living on the 13th floor with floor-to-ceiling glass offering views from every room. This 2 bedroom, 2 bath split floor plan concept boasts 12' ceilings and southern exposure offering just the right amount of natural light. Finishes include Provenza African Plains wood floors, Stanton carpeting, Neiman Marcus Horchow lighting, contemporary Italian cabinetry, quartz counters, SS appliances, full size W/D and a New air handler. Comes with TWO parking spots and storage locker. Located on a rail stop, amenities include fitness center, salt water heated pool & spa, concierge, 24/7 lounge, resident lounge areas, clubhouse and secured parking. An HOA that makes sense! The HOA includes the cost of providing A/C, heat and water. Electric avg $50/mo

1 E Lexington Avenue Unit 1302, Phoenix
$2,000,000
6933293 MLS
Opportunity to own a brand-new triplex in an incredible location right downtown. This rare 3-unit modern building features open main living floor plans, each unit with nearly 1800 sqft has its own three bedrooms, and two bathrooms. Each unit also has a private balcony from the third floor, spacious primary suites with dual vanities, walk-in showers, and washer and dryers. This is a project thats estimated completion is October 2027. The location is ideal, near everything you need downtown, including shops, restaurants, schools, and freeway access.

1318 E Jefferson Street, Phoenix
$499,000
6932294 MLS
Rare-Opportunity: Two adjacent lots, 1.37 acres, mountain and city view. Easy access to utilities and paved streets. Highly sought-after gated community. Near Lookout Mountain Preserve and minutes from top-dining, golf and shopping. Build your dream home surrounded by million dollar residences. Sewer requires a standard hillside pumping system. Lot 7 has approved driveway access from St. Moritz -- See Private Remarks/Documents Engineering review confirms inclusion in the City of Phoenix Hillside Development Area, with approved slope analysis available.

14802 N 15th 6 And 7 Drive Unit 6 and 7, Phoenix
$485,000
4 Beds ⋅ 2 Baths ⋅ 6931590 MLS ⋅ 1,900 SqFt.
Drive by only! Don't disturb the tenant. Beautifully Remodeled Phoenix Home with Mountain Views! Welcome to this updated and furnished Phoenix gem located in the desirable Hacienda Del Caballero subdivision. Featuring 4 bedrooms, 2 bathrooms, and approximately 1,900 sq. ft., this home offers spacious living with modern finishes throughout. The open-concept layout includes luxury vinyl plank flooring, quartz countertops, stainless steel appliances (including a gas range), and upgraded lighting fixtures. Both bathrooms have been tastefully remodeled with new vanities, tiled showers, and premium hardware. This property is a great investment opportunitycurrently tenant occupied at $3,000/month. Do not disturb the tenant. Showings available after offer acceptance. Conveniently located near restaurants, shopping, and the growing North Central Phoenix corridor, this area continues to see strong development and demand.

8050 N 11th Place, Phoenix
$299,000
4 Beds ⋅ 3 Baths ⋅ 6931061 MLS ⋅ 1,320 SqFt.
You own the LOT , 3 bed/2 bath plus a Mother in Law Apartment studio for EXTRA income or guests and a Workshop.. gorgeous laminate flooring, white kitchen cabinets & granite counters. Dining area off kitchen. The yard is a spacious oasis ...CLOSE to community center w playground & pool. Fantastic location w easy access to the 101 & I-17 Freeways. 5 min Desert Ridge. 10 min North Scottsdale. Pls read private remark lenders

515 E Charleston Avenue, Phoenix
$1,075,000
2 Beds ⋅ 3 Baths ⋅ 6919144 MLS ⋅ 1,781 SqFt.
Check out these stunning views! This penthouse-level condo in The Luxe at Toscana is move-in ready, boasting incredible features throughout. Step inside to discover an open living layout with breathtaking south-facing sunsets. The gourmet kitchen is a chef's dream, featuring quartz countertops, Bosch and LG appliances, and ample storage space. Adjacent to the living room is a large balcony perfect for outdoor lounging and dining, complete with a built-in BBQ grill. The spacious primary bedroom offers another entrance to the balcony, showcasing more of those stunning views. The primary bathroom features a tiled walk-in shower, dual sinks, and a spacious walk-in closet. The second bedroom includes a full en suite bathroom and an additional walk-in closet for even more storage. This community offers all the amenities you could ask for and is conveniently near the AZ-101 and AZ-51 for easy commuting, as well as Desert Ridge for shopping, dining, and entertainment. Plus this community is just minutes from the world class Mayo Clinic Hospital! See the full list of features and upgrades!

5250 E Deer Valley Drive Unit 403, Phoenix
$199,000
2 Beds ⋅ 2 Baths ⋅ 6918038 MLS ⋅ 810 SqFt.
This well-located and stylishly renovated unit is ideal for first-time buyers or savvy investors. Short term rental approved - AirBnB VRBO! Situated minutes from ASU, Old Town Scottsdale, Tempe, Sky Harbor Airport, and Downtown Phoenix, the property offers consistent tenant appeal and easy freeway access for commuters. Low-maintenance living and community amenities make it a smart buy-and-hold option, while its central location ensures long-term appreciation. Whether you're looking to build equity, expand your rental portfolio, or secure an affordable primary residence, this condo combines location, value, and investment potential in one of Phoenix's fastest-growing areas. Quiet area in a well-cared for complex with 1 assigned carport space and plenty of guest parking

5146 E Oak Street Unit 112, Phoenix
$8,499,000
5 Beds ⋅ 6 Baths ⋅ 6914100 MLS ⋅ 5,800 SqFt.
Perched high on the cliffs of Camelback Mountain, this breathtaking mid-century modern estate redefines luxury desert living. Built in 2018 and meticulously designed for seamless indoor-outdoor living, this 5,800sf architectural gem captures sweeping mountain and city lights views from every angle especially the dazzling Arizona sunsets. Floor-to-ceiling glass walls dissolve the boundaries between inside and out, allowing natural light and panoramic vistas to flow into every corner of the open-concept layout. The main living areas open effortlessly to expansive outdoor spaces, creating an entertainer's dream with multiple lounging and dining zones. The chef's kitchen is a true showpiece, featuring top-of-the-line appliances, sleek cabinetry, a massive island, and direct access to an outdoor kitchen for al fresco dining under the stars. Outside, the pool appears to float above the city, while a built-in fire pit with surround seating creates the perfect gathering space to soak in the skyline below. Every detail from the architectural lines to the carefully integrated landscape was designed to blend luxury with the mountain's natural beauty. With 5 spacious bedrooms and 5.5 bathrooms, this home offers both privacy and comfort on a rare 1.036-acre lot. Built high into the mountain, it provides unmatched elevation, exclusivity, and views that few properties in the Valley can rival. This is more than a home, it's a private retreat in the sky.

4925 E Red Rock Drive Unit 43, Phoenix
$164,900
6912919 MLS
This is a fantastic opportunity to build a new duplex or triplex in downtown. This is a fantastic opportunity to build in the expanding downtown Phoenix area, less than a mile from Chase field. Owner started the plans for three 1800sqft townhomes with garages, but has moved on to a bigger project.

1218 S 13th Avenue Unit 47, Phoenix
$499,000
3 Beds ⋅ 2 Baths ⋅ 6910610 MLS ⋅ 2,250 SqFt.
Beautifully remodeled 3-bedroom, 2-bath home located in a well-established neighborhood with NO HOA. This move-in-ready property features a spacious open-concept layout with updated flooring, recessed lighting, and fresh interior paint throughout. The modern kitchen boasts quartz countertops, stainless steel appliances, and beautiful cabinetry. Both bathrooms have been fully updated with contemporary fixtures and finishes. The primary suite includes a private en-suite bath and generous closet space. Enjoy outdoor living with meticulously maintained front and back yards with a private patio area perfect for entertaining. Conveniently located near schools, parks, shopping, and dining.

4301 E Bluefield Avenue, Phoenix
$1,000,000
6 Beds ⋅ 5 Baths ⋅ 6894020 MLS ⋅ 2,318 SqFt.
SPECIAL FINANCING AVAILABLE!!! Fantastic family home or great investor opportunity. Highly desirable 1/2 acre lot location on the Arcadia/Biltmore Corridor. 6 bedroom. 5 bathroom. Rental opportunity for medical or other professionals. Yearly Rental Income - $77,100. Yearly expenses - $14,556. Yearly Income After Expenses - $62,544. Kitchen, bath, appliances, R/O, custom window coverings, floors, A/C, wiring, plumbing, and roof partially updated in 2021-2022. Great common area living space. Diving pool with spa. Outside gas fireplace and gas pit. Plenty of parking. R/V gate. 1/2 acre lot with lots of open space for your toys. NO HOA. Irrigated lot. Citrus trees.

3217 E Flower Street, Phoenix
$448,500
2 Beds ⋅ 2 Baths ⋅ 6890103 MLS ⋅ 1,089 SqFt.
**** BRAND NEW ROOFTOP POOL AND AMENITIES**** Modern Condo Living in the Heart of Biltmore! Experience elevated urban living in this beautifully appointed 2-bedroom, 2-bathroom residence at the highly sought-after Optima Biltmore. Ideally situated in one of Phoenix's most vibrant and walkable neighborhoods, this condo offers the perfect blend of location, views, and luxury amenities--making it an ideal lock-and-leave home, seasonal retreat, or full-time residence. Step inside to a bright, open great room layout framed by a wall of floor-to-ceiling windows that capture sweeping views of the White Tank Mountains. Hardwood floors and abundant natural light give the space an airy, welcoming feel. The chef's kitchen is designed for both function and style with upgraded appliances, granite countertops, a gas range, and ample storage. The split floor plan enhances privacy, with the primary suite offering direct patio access, a spacious ensuite bath, and tranquil views. The secondary bedroom is perfect as a guest suite or versatile enough to be used as a home office. With two designated garage parking spaces and a thoughtfully designed layout, this home checks all the boxes for modern convenience. Optima Biltmore is one of the premier high-rise communities in Phoenix, known for its architectural design and unmatched amenities. Enjoy access to a rooftop pool and spa with panoramic city views, lush rooftop gardens, a 24-hour fitness center with locker rooms and sauna, a business center, party room, BBQ areas, and an elegant lobby with concierge service. Secure underground parking and well-maintained common areas complete the experience. Located just steps from the Biltmore Fashion Park, top-rated dining, shopping, and easy access to Sky Harbor Airport and major freeways, this is luxury living at its most convenient. Don't miss your opportunity to own in one of the Valley's most desirable addresses.

4808 N 24th Street Unit 1127, Phoenix
$349,900
2 Beds ⋅ 3 Baths ⋅ 6889434 MLS ⋅ 1,435 SqFt.
Experience low-maintenance resort-style living in this updated 2-story townhome at Pointe South Mountain. Ideal as a lock-and-leave retreat, relocation home, or upscale work-from-home base, this 2BR/3BA + den + loft features an attached garage and private wrap-around yard. Enjoy a modern kitchen, plantation shutters, and a primary suite balcony with peaceful desert views. Adjacent to Arizona Grand Resort and 100+ miles of South Mountain hiking/biking trails, the lifestyle and location are exceptional. HOA covers exterior maintenance plus 4 heated pools/spas for true ease of ownership. With newer A/C, updated appliances, and quick access to Sky Harbor, ASU, dining, and freeways, this move-in ready home offers convenience, comfort, and outdoor living at its best.

8817 S 51st Street Unit 1, Phoenix
$3,599,900
8 Beds ⋅ 5 Baths ⋅ 6884160 MLS ⋅ 8,933 SqFt.
Best of Biltmore! This 1933 ESTATE home, rich with Prestige & History, was built by the Arizona Biltmore Hotel by the Wrigley family for their personal use. The scale of this property is suited for grand entertaining. 6 oversized garages,TWO real guest quarters, plus the main residence. The larger guest home is over 2000 sq. ft.,with 4 fireplaces, roof deck, designed by world famous architect, Jeffrey Page w/SpaceLineDesign Creative Architectswas featured in numerous publications.The other guest home is two story w/own fireplace & kitchen. The main residence is directly on the Biltmore Links Golf course, has 175 foot frontage, overlooking the golf course lakes & Camelback Mountain &Praying Monk. Main residence has 3 fireplaces,6 bedrooms which includes maid's room &service kitchen area. E residence sourrounded on all sides w/ many specimen plants, lush and exotic, and a bougainvillea nearly 100 years old. This is a great property for someone who understands grand understated elegant living. Seller may consider a property in exchange.

94 Biltmore Estates Drive, Phoenix
$399,000
3 Beds ⋅ 2 Baths ⋅ 6873225 MLS ⋅ 1,374 SqFt.
Welcome Home! Don't miss your opportunity to own this beautiful, well-maintained, 3bed-2bath split master, single level home in a gated community, on a quiet street, with Solar Panels! Surrounded by Mountain Views & just minutes from Downtown Phoenix & Tempe! Two-tone neutral color palette throughout, w/a great room concept, complete w/vaulted ceilings! Owner has made $60k in improvements over the past 8 years: Exterior Paint; New Windows; New Appliances; HVAC, Duct Work, w/upgraded Thermostat; Master Bathroom Remodel; Custom Master Closet; New Carpet in all Bedrooms; Partial Roof; New Hot Water Tank; Water Softener; RO System; Electric Box (Breakers & Wiring); New Smoke Alarms & Surge Protection; New Garage Door Opener; & more! Don't miss out on your opportunity to own this gem!

1634 E Harwell Road, Phoenix
$1,500,000
4 Beds ⋅ 3 Baths ⋅ 6867793 MLS ⋅ 3,002 SqFt.
12 month Electricity Billing is $92/month! Beautifully crafted 4-bedroom,3-bathroom home offering 3,002 square feet of thoughtfully designed living space. Built in 2021, Located in a prime Phoenix neighborhood a short walk from La Grande Orange.The home seamlessly blends luxury, functionality, and sustainability. From the moment you arrive, you'll appreciate the curb appeal and clean, modern lines. Inside, the home impresses with vaulted ceilings, a bright open floor plan, and spacious living areas perfect for both everyday comfort and entertaining. The heart of the home is the chef-inspired kitchen, featuring an oversized quartz island, ample counter space, and modern cabinetry designed for both beauty and function. Recessed lighting, Stainless Steel Frigidaire refrigerator/freezer, 6 burner gas stove, wine storage, and pantry. The heart of the home is the chef-inspired kitchen, featuring an oversized quartz island, ample counter space, and modern cabinetry designed for both beauty and function. Recessed lighting, Stainless Steel Frigidaire refrigerator/freezer, 6 burner gas stove, wine storage, and walk in pantry! Each bedroom is generously sized, including a relaxing primary suite that offers a spa-like bathroom featuring a walk-in shower, luxurious bathtub with fireplace, LED lighted mirrors, dual sink vanity, and large walk-in closet. A standout feature of this home is its owned solar panel system, delivering long-term energy savings and eco-friendly living ideal for Arizona's sunny climate. Largest Lot in the neighborhood and lowest price/sqft. Great backyard space for a pool, Side yard is a blank canvas and can be utilized to store an RV, boat, pickle ball court, and even and ADU for additional income opportunity. Additional highlights include a spacious laundry room with storage, tile flooring throughout, and a location close to top schools, shopping, dining, and outdoor recreation. This is the perfect blend of modern design and smart living View today! Great opportunity to own as a primary home, investment property-great options for 1031 tax deferred exchange.

3834 E Clarendon Avenue, Phoenix
$1,200,000
4 Beds ⋅ 3 Baths ⋅ 6862370 MLS ⋅ 3,725 SqFt.
Unique & remodeled this 3100 sq ft custom home in Equestrian Estates has 4 beds, 3 baths with a 625sq ft guest house with its own great room and 2 bonus rooms making it a very rare find. Nestled on a premium corner lot with north/south exposure this home only has 1 direct neighbor for the ultimate in privacy. Surrounding the entire back & sides of the home are Security Shutters offering incredible safety, privacy & energy efficiency. The main house has a very desirable split floor plan with 3 beds on the east & 1 bed on the west with its own dedicated bath & exterior door, perfect for a guest or mother-in-law suite. The primary bedroom enjoys new travertine stone flooring, travertine shower & new soaking tub, walk-in closet, crown molding & backyard views. Spacious open living room & dining room w/vaulted ceilings, large windows with beautiful mountain view's. Rustic den with exposed wood beams, vaulted ceiling, wet bar, 2025 stacked stone fireplace with limestone hearth & French doors leading to the great room. The spacious great room with crown molding, a stone fireplace & doors leading to the backyard, pool & magnificent sunsets. The breakfast nook also gives you a soothing view of the PebbleTec pool & palm trees. The gourmet kitchen boasts 2 pantry's, a walk in & a large cabinet pantry next to the refrigerator. The kitchen is equipped with matching Whirlpool SS appliances, large granite counters & a prep island. The remodeled guest house is perfect for a home/office, out of town guests or a place for your kids to have a sleep over. It offers a large 22x19 great room plus 2 bonus rooms, w/ French doors & crown molding ideal for an office. The backyard with a children's playground, a new R/V gate, natural grass, diving pool, hot tub & 6 palm trees makes it an Arizona Oasis! You have to see this home to appreciate how spacious every room is & the attention to detail! All new ceiling fans throughout. 2025 new bathroom & bedroom doors. Late 2024 new AC. 2025 roof tile. Replaced windows. 2025 barn doors in the bedrooms & casita.

3951 E Sequoia Trail, Phoenix
$598,000
6855967 MLS
Fourplex FOR SALE in the heart of North Phoenix just minutes from the Desert Ridge Marketplace, SR 51, local schools and parks, shopping, and many other attractions. This deal perfect for an occupant! VA ASSUMABLE loan, see remarks. The unit mix is: one 1bed/1bath unit, one 2bed/2bath unit, one 2bed/1.5 bath TH style unit, & one 3bed/3bath unit. All units have generous square footage along w/ W/D hookups. Each unit has outdoor space w/ either a ground level patio or a balcony. Monthly HOA dues INCLUDE: common area maintenance, landscaping, community pool, parking enforcement, & gated access w/ fob entry. 3 of 4 units occupied w/ good paying tenants, all MTM. DO NOT Disturb Tenants. Drive By ONLY. See documents tab, rents in attachment & listed in MLS are actual. Indiv. metered for water.

2844 E Monte Cristo Avenue, Phoenix
$1,350,000
4 Beds ⋅ 3 Baths ⋅ 6835183 MLS ⋅ 2,885 SqFt.
2021 Custom home in Arcadia offers high quality details and touches throughout. 2x6 built double spray foam insolation. Walk in to beautiful, high, wood-trimmed vaulted ceilings in a living area with amazing natural lighting, marble style flooring, and a luxurious kitchen/ dining area that leads to patio with large sliding door for easy indoor-outdoor flow! This home features newly installed water softener, tankless water heater. Have your agent reach out for a list of all the custom work done to this beauty!

4409 N 32nd Street, Phoenix
$1,875,000
3 Beds ⋅ 4 Baths ⋅ 6805273 MLS ⋅ 3,167 SqFt.
''The Luxe at Desert Ridge'' NEW BUILD HOME''MODERN LUXURY LIVING. NEW FLOOR PLAN, the D'Luxe 3167 SF & 900 SF Balcony for entertaining and outdoor living. The Luxe offers resort style living at its finest. Oversized Spacious condominium, MAKE THIS YOUR OWN , Customize with Design options and upgrades, Sub-Zero appliances and your own built in gas BBQ, option of 2- way fireplace on your balcony. Home comes with 3 assigned parking stalls & a 2 large storage units next to parking. Onsite amenities, beautiful Clubhouse with chef's kitchen, theatre room, private conference center, dining room for private dinner parties, lap pool/resort style pools, large fitness w/ top of line equipment, infra-red sauna, locker rooms & yoga studio.

5250 E Deer Valley Drive Unit 316, Phoenix
$475,000
6800371 MLS
Prime location for development! This large lot is located in the Phoenix Opportunity Zone and is near the light rail expansion in South Phoenix. It currently includes residential buildings and is zoned for high-density, multi-family. Approved site plans for seven to fourteen townhomes are included for 3-story townhomes and common area. Each unit features 2 bedrooms, 2.5 baths, a tandem 2 car garage and balcony. Conveniently situated close to both the I-10 and I-17, the property lies between South Mountain Park and downtown Phoenix, offering easy access to outdoor activities, events, shopping, dining, and effortless commuting throughout the valley.

3638 S 12th Street, Phoenix
$475,000
6799712 MLS
Prime location for development! This large lot is located in the Phoenix Opportunity Zone and is near the light rail expansion in South Phoenix. It currently includes residential buildings and is zoned for high-density, multi-family. Approved site plans for seven to fourteen townhomes are included for 3-story townhomes and common area. Each unit features 2 bedrooms, 2.5 baths, a tandem 2 car garage and balcony. Conveniently situated close to both the I-10 and I-17, the property lies between South Mountain Park and downtown Phoenix, offering easy access to outdoor activities, events, shopping, dining, and effortless commuting throughout the valley.

3638 S 12th Street Unit 48, Phoenix
$1,150,000
6797533 MLS
Valuable DOWNTOWN MultiFamily R-5 Zoned vacant land ready to be developed! 0.474 acres, (three lots combined). Perfect for anyone looking to build apartments or condos near Downtown Phoenix. Owner say the city will allow a 60 foot building height....maybe 22-24 units? Walk to just about anywhere including ASU and U of A downtown campuses, Chase Field Baseball, Footprint Center for Basketball, Museums, Churches, Restaurants & Light Rail is just ''a stone's throw away.....''The Garfield Historic District is undergoing tremendous revitalization and rebuilding! Don't Wait on this fantastic infill opportunity!!

1009 E Taylor Street Unit 13,14,15, Phoenix
$497,000
4 Beds ⋅ 3 Baths ⋅ 6793915 MLS ⋅ 2,276 SqFt.
This lovely home is located in a secluded, private, and secure gated community. Extremely easy access to major Freeways, Sky Harbor Airport, downtown, shopping, and a variety of businesses. Very unique opportunity as homes rarely come available in this development of only 26 custom properties. Surrounded by many beautiful custom homes at the base of South Mountain. Low maintenance yard, custom shutters throughout on every window, recently updated bathrooms, and a brand-new garage door. Multiple living spaces for a work at home lifestyle, if needed. Surrounded by top rated golf courses (Raven, Legacy, Arizona Grand). Direct access to the Highline Canal and over 16,000 acres to explore on South Mountain Park & Preserve trails. Paid off solar will convey to buyer at close of escrow

3444 E Melody Drive, Phoenix
$625,000
5 Beds ⋅ 5 Baths ⋅ 6770097 MLS
5-UNIT VALUE-ADD INVESTMENT OPPORTUNITY | $625,000 | Approx. $125,000 Per Unit Small portfolio. Big opportunity.Terrace, offering investors an opportunity to acquire a manageable workforce housing portfolio with future flexibility. Each residence is a 1-bedroom plus den / 1-bath floor plan (the den functions as a bedroom but does not have a window) and includes its own washer and dryer. Priced at $625,000--approximately $125,000 per unit--this portfolio is well suited for investors looking to expand an existing rental portfolio or establish a meaningful presence in the Phoenix workforce housing market.The projected income profile offers attractive risk-adjusted return potential for investors who understand value-add opportunities and active portfolio management.This is an unwarrantable condominium community, making conventional residential financing challenging. The ideal purchaser will utilize commercial financing, cash, a 1031 Exchange, private capital, or other investment strategies appropriate for this type of asset. Investment Highlights: Individually deeded condominium ownership allowing future resale flexibility. Professionally managed HOA. Renovated units with in-unit washer and dryer. Strong workforce housing demand in North Phoenix. Covered parking, community pool, on-site management office, barbecue area and convenient freeway access. Attractive entry point at approximately $125,000 per unit. This portfolio offers investors an opportunity to own income-producing real estate with operational upside while maintaining a manageable five-unit footprint. If you're looking for a pristine institutional asset, this isn't it. If you're looking for cash flow, upside, and know how to operate Class C workforce housing, let's talk.

18202 Cave Creek Road Unit 5 units, Phoenix
$2,125,000
29 Beds ⋅ 29 Baths ⋅ 6770068 MLS
17-UNIT VALUE-ADD WORKFORCE HOUSING PORTFOLIO | $2,125,000 | Approx. $125,000 Per Unit. Not every investor is the right buyer for this portfolio and that's exactly the point. This 17-unit workforce housing portfolio consists of individually deeded condominium units within Mountain Springs Terrace and is being offered as a single investment opportunity. The portfolio includes eleven 2-bedroom plus den/2-bath units, five 1-bedroom plus den/1-bath units, and one 3-bedroom/1-bath unit. (The den functions as a bedroom but does not have a window.) Offered at $2,125,000 approximately $125,000 per unit this is a value-add opportunity designed for investors who understand cash flow, operational improvements and long-term appreciation rather than turnkey perfection. The projected income profile offers the type of risk-adjusted return experienced investors often seek in workforce housing assets, recognizing that stronger returns typically accompany opportunities requiring active ownership and thoughtful management. This is an unwarrantable condominium community, making conventional residential financing challenging. The ideal purchaser will be an experienced investor utilizing commercial financing, cash, a 1031 Exchange, private capital, or other investment strategies appropriate for this asset class. Many units have been renovated over time, and every residence includes its own washer and dryer an amenity that continues to attract long-term tenants. The community offers covered parking, a swimming pool, on-site management office, barbecue area, and convenient access to major employment corridors, shopping, Loop 101, SR-51, and public transportation. Investment Highlights: Individually deeded condominium ownership providing long-term ownership flexibility and multiple future exit strategies. Professionally managed HOA. Continued capital improvements and ongoing maintenance demonstrate proactive ownership. Strong demand for workforce housing in an established North Phoenix rental market. Every residence includes an in-unit washer and dryer. Attractive basis at approximately $125,000 per unit. This is not a passive investment. It is a portfolio built for investors who understand Class C workforce housing, recognize value-add opportunities, and appreciate the balance between operational involvement and long-term income potential. If you're looking for a pristine institutional asset, this isn't it. If you're looking for cash flow, upside, and know how to operate Class C workforce housing, let's talk.

18202 Cave Creek Road Unit 17units, Phoenix

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