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$715,000
8 Beds ⋅ 4 Baths ⋅ 7068450 MLS
Remodeled fourplex in a prime Mesa location! Each unit features updated finishes, refreshed interiors designed for comfort and durability. This turnkey investment offers strong rental appeal with minimal maintenance, making it an excellent opportunity for both new and seasoned investors. Conveniently located near shopping, dining, and major commuter routes. There is a laundry room used by all four units. Also a storage room. See document tab for HOA and rent roll. PLEASE DRIVE BY ONLY. DO NOT DISTURB TENANTS.

2650 E Mckellips Road Unit 241, Mesa
$950,000
7068303 MLS ⋅ 1,810 SqFt.
&#127828;&#128663; Drive into Success! Fast Food Drive-Thru Restaurant Space Available for SALE! &#128663;&#127839; Are you ready to make a mouthwatering investment in your future? Look no further! Here's your chance to BUY a prime Fast Food drive-thru restaurant space, perfectly positioned to satisfy hungry customers and drive your business to success! &#127978; Location, Location, Location: Situated in a high-traffic area at the intersection of Horne and Broadway, our spacious lot boasts a prime spot with easy access for both pedestrians and vehicles. With a bus stop right in front, your business will have no shortage of foot traffic and potential customers! &#127828; Fully Equipped for Success: This turnkey opportunity comes fully equipped with all the commercial equipment you need t essentials to cozy tables and chairs for diners, everything you need to start serving up delicious meals is ready and waiting for you! <Þ Space to Thrive: Spanning over 121' x 123', our lot offers ample space for both dining and food preparation. With 900 square feet indoors, and 900sf basement, a 480-square-foot covered patio, and a spacious basement complete with inside stairs, there's plenty of room to bring your culinary dreams to life. < Convenient Parking: Say goodbye to parking woes! With 18 dedicated parking spaces and convenient entrances and exits on both Broadway and Horne, your customers can enjoy hassle-free access to your drive-thru restaurant. =½ Customer Comfort: Keep your customers coming back for more with convenient amenities, including a restroom in the basement for staff and a public restroom next to the dining room for guests' convenience. =È Buy Today! Don't miss out on this incredible opportunity to turn your culinary aspirations into reality. Lease this prime Fast Food drive-thru restaurant space today and start making a savory investment in your future! =Þ LA now to secure your spot in the fast-paced world of fast food dining! Don't wait--your delicious destiny awaits! <T=—

801 E Broadway Road, Mesa
$1,795,000
7068292 MLS ⋅ 5,700 SqFt.
Completely renovated freestanding retail building with ample parking. This property is situated in a high-visibility Phoenix commercial corridor, currently operating with an established tenant base and offered to investors or owner-users. The building is 5,700 square feet and sits on 23,068 square feet of land zoned C-3, general commercial designation that supports a broad range of retail, service, and commercial uses. The property features easy in-and-out access, strong street presence and signage visibility, and real room for future expansion, outdoor use, or repositioning. The building is currently operating as a tattoo shop, barber shop, and beauty salon -- a complementary personal-services mix that draws steady, repeat, appointment-driven traffic throughout the week. One portion of the building is configured as tattoo suites, with approximately 15 independent, private suites leased on a month-to-month basis to individual tattoo artists. The remaining portion is split roughly half barber shop and half beauty salon, with the chairs in each rented out individually to independent stylists and barbers.

4105 S Central Avenue, Phoenix
$990,000
7068266 MLS ⋅ 1,612 SqFt.
Turn-key freestanding fully equipped restaurant building. This is a rare opportunity for an owner/operator looking to own the real estate instead of paying rent. The building is 1,602 square feet and sits on a little over 10,000 square feet of land. The property has room for on-site parking, indoor dining, outdoor or patio seating, and has strong visibility. The property is zoned C-2, an intermediate commercial designation that supports a broad range of retail, restaurant, and service uses. That flexibility gives you room to adapt your concept over time and protects your options down the road. Buyer to verify intended use with the City of Glendale. Everything is already in place to operate. The property conveys fully equipped with restaurant equipment, which means immediate occupancy. Buyer to verify all information, including square footage, lot size, zoning, permitted use, and equipment condition.

6120 N 59th Avenue, Glendale
$190,000
7067864 MLS
Spacious 15' x 55' LuxeLocker storage unit offering plenty of room for your RV, boat, vehicles, toys, business equipment, or additional storage needs. Designed with convenience and security in mind, LuxeLocker features powered doors, 24/7 surveillance, an on-site dump station, and wash bay. The generous unit size provides flexibility for a variety of storage uses while offering easy access to the community's convenient amenities. A great option for keeping your recreational vehicles, equipment, and other valuables secure, protected, and ready for your next adventure.

6123 N 55th Avenue Unit A18, Glendale
$660,000
8 Beds ⋅ 4 Baths ⋅ 7067778 MLS
7155 North 66th Drive is a 4-unit multifamily community located approximately one mile northwest of Downtown Glendale and Grand Avenue (Highway 60). Built in 1984 and partially upgraded in 2023, the property features an all two-bedroom / one-bath unit mix averaging 750 square feet, situated on a 7,096 square foot lot with an on-site parking lot. Completed upgrades include new flooring, interior paint, kitchen cabinets and countertops, bathroom vanities and finishes. All units are individually metered for electricity, limiting owner utility exposure.

7155 N 66th Drive, Glendale
$575,000
7066182 MLS ⋅ 1,725 SqFt.
Positioned on a prominent corner lot along bustling Osborn Road, this 1,715 SF freestanding office building offers a rare ownership opportunity in the heart of Midtown Phoenix. The interior features an open, flexible floor plan with one private office--easily reconfigured into two--to suit a variety of business needs. Ideally situated just minutes from North Central Phoenix, Downtown Phoenix, and the popular Restaurant Row, the property combines high visibility with unbeatable central access.

501 E Osborn Road, Phoenix
$510,000
6 Beds ⋅ 3 Baths ⋅ 7065237 MLS
Great investment opportunity in Central Phoenix! This triplex was recently updated and each unit has a large living room, two-bedrooms, one bathroom, a spacious kitchen, and great backyard space. All three units are fully leased with stable tenants. All 3 are month to month. Good roof (replaced in 2016) and new air-conditioning units (replaced in 2020 & 2024). Make your move now! Drive by only. Do not disturb tenants. Assumable FHA loan, balance $376k at 5.73% rate. 29 years remaining. Sellers credit available with acceptable offer.

2210 W Heatherbrae Drive, Phoenix
$5,995,000
7065018 MLS ⋅ 24,589 SqFt.
Former Vista Grove Preparatory Academy for sale. Six (6) buildings consiting of 24,589 square fee situated on 5.23 acre approximately 1 mile from downtown mesa near AZ Loop 202 to the north and Higley Road to the east and AZ 60 east to the south. Good traffic counts on McKellips road and nearby Lindsay road. The interior buildings are built for educational classrooms. Building were built in 2001. Land to building ratio approximately 9.26:1

2929 E Mckellips Road, Mesa
$1,600,000
7064986 MLS ⋅ 3,860 SqFt.
Fantastic opportunity to own your commercial space in a highly strategic location! This Executive Suites building in Palm Valley Professional Plaza boasts an inviting reception room, well-sized office spaces, a conference room for team meetings, and a pantry with cabinets and appliances. High ceilings, well-installed office lighting, blinds, and sleek concrete flooring for easy maintenance. Tons of parking spaces for employees and clients. Conveniently close to I-10 for easy access. Don't miss your chance to upscale your business! Make it yours today!

2990 N Litchfield Road, Goodyear
$1,150,000
7063893 MLS ⋅ 3,071 SqFt.
Unique opportunity to own a dual zoned property, infill lot in one of the hottest zip codes. Originally built as a single family home but presenting the benefit of both C-T and R-7 zoning. Two lots included for a total of over 17,000 square feet, surrounded by commercial properties. Previously used as an attorney's office this presents multiple opportunities for the savvy investor or end user. Work/Live, convert to office, convert to retail, or take advantage of two large lots in a prime location and redevelop. For those looking to take advantage of the existing building, it has been renovated with new carpet, fresh interior/exterior paint providing a fully functional turn key business opportunity.

8038 E Almeria Road, Scottsdale
$410,000
7063632 MLS ⋅ 1,242 SqFt.
Move-in ready office building offering a flexible layout ideal for a wide range of professional, medical, creative, or service-based businesses. The property features a welcoming reception area, four private offices, a spacious breakroom, and two restrooms, creating an efficient and functional workspace for both employees and clients. Large windows provide abundant natural light throughout the building, enhancing the professional atmosphere. The property also offers fully secured parking, excellent street frontage along Northern Avenue, and prominent monument signage, providing outstanding visibility and branding opportunities. Conveniently located with easy access to major transportation corridors, this well-maintained property is an excellent opportunity for an owner-user or tenant seeking a turnkey office in a highly accessible Phoenix location.

2818 W Northern Avenue, Phoenix
$874,000
7063442 MLS ⋅ 2,513 SqFt.
14001 N 7th Street, Suite E109 | Moon Valley Corporate Center | Phoenix, AZ 85022. Excellent opportunity to acquire a well-located professional office condominium in the established Moon Valley Corporate Center in North Phoenix. Suite E109 offers approximately 2,513 square feet of functional, move-in-ready office space ideally suited for an owner-user seeking a professional presence in a desirable and convenient location. The property provides an attractive alternative to leasing, allowing a business owner to build equity while controlling long-term occupancy costs. The flexible professional office layout is well suited for mortgage, real estate, financial services, legal, accounting, insurance, consulting, medical-related, or other professional uses. Click more... Located just north of 7th Street and Thunderbird Road, the property benefits from excellent visibility and convenient access to the surrounding North Phoenix, Moon Valley, Scottsdale, and Paradise Valley areas. Nearby transportation corridors provide easy connectivity to SR-51, I-17 and Loop 101, making the location convenient for both employees and clients. Moon Valley Corporate Center offers an attractive professional setting with convenient parking and close proximity to restaurants, retail, banking, residential neighborhoods, and other business services. The North Phoenix location is surrounded by a large and established residential population, providing an excellent customer and employee base for professional businesses. Offered at $750,000, Suite E109 represents an opportunity for a business owner to acquire quality commercial real estate in an established North Phoenix business corridor rather than continue paying rent. Highlights include: Approximately 2,513 SF professional office condominium Desirable Moon Valley / North Phoenix location Ideal for an owner-user Move-in-ready professional office environment Excellent access to SR-51, I-17 and Loop 101 Convenient access for Phoenix, Scottsdale and Paradise Valley clients Close proximity to restaurants, retail, banking and residential neighborhoods Professional business campus setting Opportunity to own and build equity rather than lease Offered at $874,000

14001 N 7th Street Unit E109, Phoenix
$899,000
7063080 MLS ⋅ 2,644 SqFt.
Stunning Modern freestanding office building located on a hard corner (Stapley and 6th St) in Mesa. Two Story building renovated in 2022. All the right colors, finishes compliment great lighting throughout. Great layout with 9 private offices, 2 workstations in 'great' room, reception, conference room with stone table and technology (both convey) main floor kitchen, 2nd floor coffee bar, 3 restrooms and 3 entrances. Great for any professional office and some medical uses. Note: Owner holds an active real estate license.

606 N Stapley Drive, Mesa
$1,100,000
7062872 MLS ⋅ 1,596 SqFt.
Located in the West 2nd Historic District of downtown Mesa, fronting University Ave are these two quaint historic homes converted to professional offices. Two blocks north of Main Street, it is only steps from the heart of a revitalizing downtown Mesa. Sale includes 109 W University as well. | Two Historic Homes Converted to Modern Offices 109 University (2,400 SF) Build out Includes: Reception, 2 Offices, Conference Room, Kitchen, Copy/File Room, and Restroom with 2 Showers. Additional Office located in the upper level of the second building. 121 University (1,350 SF) Build out Includes: Main Room/Bullpen, 2 Offices, Restroom, Kitchen and Basement. Storage Shed Located in the Yard.

121 W University Drive, Mesa
$1,100,000
7062869 MLS ⋅ 2,175 SqFt.
Located in the West 2nd Historic District of downtown Mesa, fronting University Ave are these two quaint historic homes converted to professional offices. Two blocks north of Main Street, it is only steps from the heart of a revitalizing downtown Mesa. Sale includes 121 W University as well. | Two Historic Homes Converted to Modern Offices 109 University (2,400 SF) Build out Includes: Reception, 2 Offices, Conference Room, Kitchen, Copy/File Room, and Restroom with 2 Showers. Additional Office located in the upper level of the second building. 121 University (1,350 SF) Build out Includes: Main Room/Bullpen, 2 Offices, Restroom, Kitchen and Basement. Storage Shed Located in the Yard.

109 W University Drive, Mesa
$3,750,000
7062469 MLS ⋅ 3,764 SqFt.
Fantastic Income-Producing Commercial Opportunity! Conveniently located near I-10 & I-17, this property offers multiple established income streams and immediate cash flow. It features a successful Mechanic & Tire Shop, a popular evening Taco Shop with a loyal customer base, and a trailer park with dependable long-term tenants. With a high-traffic location, great visibility, and steady rental income, this is a wonderful opportunity for investors looking to grow their portfolio with a property that's already working for them. Don't miss your chance to own this unique commercial investment!

2735 W Van Buren Street, Phoenix
$1,625,000
10 Beds ⋅ 8 Baths ⋅ 7061722 MLS

8939 N 8th Street, Phoenix
$390,000
7061300 MLS ⋅ 1,584 SqFt.
OWNER MAY CARRY! Zoned R-5 with C-2 multi-use, part of Hatcher Overlay District (see docs) on lrg lot in N. Central Phx, good street frontage. Currently set as 2 sep office suites, ea with reception area, 3 offices and 1 bath. SUITE A has kitchenette and appx 740sf, SUITE B apppx 830sf. Or c/b be used as one lrg 6-office suite with 2 bathrooms (no shower/tub). C/B prof office, medical clinic, beauty salon, construction bldg. Out bldg w/elect for addl storage or office. Travertine floors with carpet in offices. LARGE LOT with rear yard secured by block fence. 2 RV gates for access, great for equip/vehicle storage. Lots of parking in back. 1 AC replaced appx 2 yrs ago. Near John C Lincoln Med and EZ access to downtown Phx & 51 Fwy. Great rental potential! OWNER MAY CARRY

16 E Hatcher Road, Phoenix
$695,000
6 Beds ⋅ 6 Baths ⋅ 7060894 MLS
* **9.74% Day-One Cap Rate -- Exceptional Yield in a Single-Family Asset** * **Absolute NNN Structure -- Tenant Reimburses Property Taxes and Insurance** * **Contractual Rental Growth Built Into the Initial 5-Year Lease Term** * **Forward Yield Increases to Approximately 10.43% by Year 5** * **Newly Executed Lease Provides Contractual Income Through 2030** * **Personal Guarantee Supports the Tenant's Lease Obligations** * **More Than $40,000 in Recent Renovations and Capital Improvements** * **Predictable Income Stream Secured by Phoenix Real Estate** * **Built-In Upside Without Renovation, Repositioning, or Intensive Management** * **Rare Combination of Double-Digit Forward Yield and Residential Real Estate** ABSOLUTE NNN SINGLE-TENANT INVESTMENT 5-Year Lease | Built-In Rental Growth | 9.74% Year 1 Cap Rate POSITIONING Bond-Like Income Secured by Real Estate Absolute Triple NNN lease structure Newly executed 5-year lease commencing January 1, 2026 Personal guarantee Two additional 5-year renewal options Monthly base rent increases by $100 each year Tenant's first right of refusal ASKING PRICE: $695,000 EXECUTIVE SUMMARY Gerchick Real Estate is pleased to present a fully stabilized, single-tenant Absolute NNN investment secured by a newly executed 5-year lease. In addition to base rent, the tenant reimburses the landlord for property taxes and insurance, creating a predictable and largely passive income stream. This investment offers: Immediate cash flow Contractual annual rent growth Minimal landlord responsibility Personal guarantee Long-term renewal potential Strong initial and forward yields The property's value is driven by its contractual income stream. This is not an owner-occupant comparable-sale opportunity--it is a yield-focused real estate acquisition. FINANCIAL OVERVIEW Year 1 Income Base Rent: $5,200 per month NNN Reimbursements: $440.25 per month Total Monthly Income: $5,640.25 Total Annual Income: $67,683 Year 1 Cap Rate Purchase Price: $695,000 $67,683 ÷ $695,000 = 9.74% YEAR 1 CAP RATE: 9.74% FORWARD YIELD GROWTH Lease Year Annual Income Yield on Original Purchase Price Year 1 $67,683 9.74% Year 2 $68,883 9.91% Year 3 $70,083 10.08% Year 4 $71,283 10.26% Year 5 $72,483 10.43% By Year 5, the annual yield increases to approximately 10.43% based on the original $695,000 purchase price. FIVE-YEAR CASH-FLOW PROJECTION Assuming an all-cash purchase at $695,000: Lease Year Projected Gross Income Year 1 $67,683 Year 2 $68,883 Year 3 $70,083 Year 4 $71,283 Year 5 $72,483 Total $350,415 TOTAL PROJECTED FIVE-YEAR GROSS INCOME: $350,415 The projected five-year gross income equals approximately 50.42% of the purchase price, providing investors with the potential to recover more than half of the original acquisition cost through gross income during the initial lease term alone. LEASE ABSTRACT Lease commencement: January 1, 2026 Initial lease term: 5 years Renewal options: Two additional 5-year terms Base-rent increases: $100 per month annually Guarantee: Personal guarantee First right of refusal: Provided to tenant Property taxes: Reimbursed by tenant Property insurance: Reimbursed by tenant Lease structure: Absolute NNN INVESTMENT THESIS Why This Asset Performs Attractive 9.74% initial cap rate Contractual annual rent increases Forward yield exceeding 10% beginning in Year 3 Personal guarantee helps reduce investment risk Minimal ongoing management burden Annual increases provide a hedge against inflation Strong Phoenix location Potential for future cap-rate compression Contractual income secured by underlying real estate Two additional 5-year renewal options This structure may appeal to private investors, 1031 exchange buyers, family offices, and yield-focused purchasers seeking stable real estate income without the management demands of a traditional residential rental. BUYER REQUIREMENTS The Seller recognizes that traditional residential appraisal methodology may not fully reflect the value of the property's contractual income stream. All offers must: Be submitted as an all-cash purchase; or Waive the appraisal contingency; and Include acceptable proof of funds This is an income-driven acquisition. DISCLAIMER All information contained herein has been obtained from sources deemed reliable but is not guaranteed. Buyer shall independently verify all information, including but not limited to lease terms, rental income, reimbursements, expenses, property condition, zoning, square footage, and all other material facts.

1927 E Crocus Drive, Phoenix
$399,000
7059823 MLS ⋅ 1,375 SqFt.
Very functional single-story building features three versatile large tile-floored rooms with connecting interior doors that may accommodate office space, light commercial enterprise, storage facility, or more. Two bathrooms are situated within south side of building. Owner has added new septic and water lines, water heater, roof, electrical lines and split AC systems. Covered parking area may accommodate at least three vehicles, and the entire property is encompassed by secure chain-link and barbed wire fencing as well as tubular steel fencing and gate along the patio exterior. There is also a spacious exterior gravel-covered yard south of the building perfect for expansion. Conveniently located just west of Central Avenue along the light rail route!

17 W Alta Vista Road, Phoenix
$650,000
7059467 MLS
Fantastic investment opportunity! This well-maintained 4-plex features three spacious 1-bedroom, 1-bath units and one generous 2-bedroom, 1-bath unit. Conveniently located near shopping, dining, parks, and major commuter routes, it offers the perfect blend of comfort and accessibility. Enjoy off-street parking and stunning mountain views. A great option for both investors and owner-occupiers seeking rental income in a desirable location.

10648 N 15th Avenue, Phoenix
$400,960
7058868 MLS ⋅ 1,442 SqFt.
Great use of space, 3 private offices, bathroom, break room, conference room, 2 storage closets and reception/work area. Paved parking. Commercial carpeting, tile and wood flooring. Great opportunity, in easy to access Central Phoenix.

2814 W Northern Avenue, Phoenix
$1,670,000
7058772 MLS ⋅ 6,003 SqFt.
This listing is for 3 individually platted office condo units in building 4, Suites 136, 139, 142 with individual apn's of 215-18-534, 215-18-533, 215-18-532. *THESE UNITS ARE NOT BEING SOLD INDIVIDUALLY* *Owner Financing Available - 5 Year Interest Only at 8% with 20% down for well qualified parties'' 5,900sf total - Current use is Professional Office but serves as a magnificent opportunity for Medical Office Conversion likely to create hundreds of thousands in equity however this is heavily dependent on the build-out you choose. Brochure is Docs Situated minutes from Mayo Clinic, Abrazo Scottsdale, Honor Health and other providers in the North Phoenix / Paradise Valley / Desert Ridge healthcare corridor As always, buyer to perform their due diligence to their satisfacti

4550 E Bell Road Unit 142, Phoenix
$435,000
7058755 MLS
hree at Taylor Located in the heart of the rapidly revitalizing Phoenix, this well-positioned triplex offers an exceptional opportunity for both investors and owner-occupants seeking strong rental demand and long-term appreciation. Situated in the desirable Garfield Historic District area, the property benefits from its proximity to downtown employment hubs, dining, arts, and entertainment. The property features one 2 bedroom and two 1 bedroom units , providing diversified income potential in one of Phoenix's most active rental corridors. Tenants enjoy convenient access to Arizona State University's downtown campus, major medical centers including Banner - University Medical Center Phoenix, and cultural attractions such as the Phoenix Art Museum. Commuting is seamless with nearby acces to the Valley Metro Light Rail, connecting residents throughout the metro area. Currently rented below markets at $925, $950 & one vacant unit Market rents are $1,050 to $1,250 Each unit offers functional layouts with comfortable living spaces, remodeled making the property attractive for long-term tenants or potential short-term rental strategies where permitted. The central location places residents minutes from downtown Phoenix restaurants, nightlife, and employment centers while maintaining the neighborhood charm of one of the city's most established districts. Whether you're expanding a rental portfolio or seeking a property with strong income potential in a high-growth urban market, this triplex presents a compelling opportunity in one of Phoenix's most desirable investment corridors. All facts and figures are approximate buyer verify MLS information

2142 E Taylor Street Unit 1, Phoenix
$9,500,000
7058644 MLS ⋅ 17,492 SqFt.
Rare opportunity to purchase an in-place ASC License surgical center and clinical space which allows an owner-user to begin operating immediately. Possible long term lease half of the property. The property consists of two Class C operating rooms, a large waiting area, reception, break room, multiple private exam rooms, post operation recovery room, and back up generator. Excellent layout for multiple medical users. The property is located less than a mile for Chandler regional hospital, near Banner Ocotillo hospital and minutes from all the dinning and entertainment of Downtown Chandler.Suite break down 1. Suite 1 - second generation medical office (could be leased back for five years at market rate) ~ 9,684 square feet 2. Suite 2 - built out ASC surgery center with cath labs at ~7,808

77 S Dobson Road, Chandler
$999,990
7057590 MLS
BRAND NEW and Turn Key completely rebuilt 5 unit apartments. New wiring, plumbing, AC, appliances, New Tile flooring, New cabinets, with granite countertops, new window trimming, new windows. This is a turnkey property. Kitchen with Newly added 14 car parking lot. New fencing and backyard. This is a rare find. Dedicated laundry room, which can be used for added income. Done with the idea of lasting excellence and durability. Even the parking lot has brand new asphalt Ready for New tenants at $1650 per month

11230 N 17th Avenue, Phoenix
$769,999
7057410 MLS
Attention aspiring SHORT TERM RENTAL owners!! This is an amazing opportunity to turn a profit and own an investment property. Numbers for only ONE side of the duplex provide a $39K revenue. To help ease the new owners worries there are new roofs on both sides, new AC unit on one side, new water heater on one side, both units come with W/D, refrigerators and blinds. This Is a prime Tempe investment opportunity! This beautifully updated duplex is located in one of the Valley's strongest rental markets, just minutes from Arizona State University, Sky Harbor International Airport, Downtown Tempe, Tempe Town Lake, and major employment hubs. With easy access to Loop 202, SR-143, and I-10, this is an ideal location for attracting long and short-term tenants. Each unit offers a modern, open-concept layout with designer finishes, granite countertops, stainless steel appliances, wood-look tile flooring, spacious bedrooms, private patios, and low-maintenance outdoor space. All features that help attract and retain quality tenants. The property has demonstrated strong rental demand and offers an excellent opportunity for investors seeking immediate income with long-term appreciation potential. Whether you're looking to expand your portfolio, complete a 1031 exchange, or live in one unit while generating rental income from the other, this property checks all the boxes. Opportunities to own a well-maintained duplex in this highly sought-after Tempe location are few and far between. Don't miss your chance to own an income-producing asset in one of Arizona's most consistently desirable rental markets.

421 S Terry Lane, Tempe
$4,495,000
7057128 MLS
Seven-unit townhome portfolio in Encanto Village, one of Midtown Phoenix's most sought-after neighborhoods. Within 10 minutes of major employers, dining, nightlife, professional sports, I-10, SR-51, and SR-202, five major hospitals, and 20 minutes from Sky Harbor. Built in 2021, each 1,779 SF townhome offers 3 bedrooms and 2.5 baths over two levels, with private courtyards, high-end finishes, and two flex areas for work/play. Currently operated as rentals with in-place rents below market, offering meaningful upside in one of the nation's strongest job markets. Each home is individually parceled, allowing an investor to hold the portfolio for income today and later sell units individually at retail. A rare central-Phoenix asset pairing for-sale-quality product with two distinct value paths.

4020 N 12th Street, Phoenix
$799,900
7056928 MLS
Words can't fully capture the value of this impeccably maintained four-plex, where pride of ownership is evident throughout. Ideally situated in a highly desirable rental community, this property offers both stability and long-term upside for any investor. Each of the four units features a 2-bedroom, 1-bath layout with 926 square feet, providing comfortable and functional living spaces that remain in high demand. Three units are currently occupied, delivering immediate cash flow, while Unit #4 is vacant and available to show. Each unit includes French doors leading to a spacious front deck or patio area, creating a welcoming indoor-outdoor feel. The downstairs units enjoy private fenced yards, a rare amenity that enhances tenant appeal.

3823 N 23rd Drive, Phoenix

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