Trusted Real Estate Experts in Sierra Vista, Fort Huachuca, Benson, and Bisbee Arizona

1529 E ADAMS Street

Phoenix, AZ 85034

Phoenix, AZ 85034

1529 E ADAMS Street

$659,000

MLS#: 7033470

Status: Active

Listing provided by: SRL Group

Listing agent phone: None

Last update: a month ago

On site: 4 months ago

Browse Properties
COLLINS ADDITION PHOENIX BLOCKS 31-34 39-40 - Residential Income

About

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 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

Property

Beds

4

Full Baths

None

1/2 Baths

None

Year Built

1983

Sq.Footage

N/A

Features

Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s)

  • Heating YN

    YES

  • Heating

    Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Pool

    No

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $659,000

  • Tax Amount

    $980

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Phoenix Elementary District

  • Middle School

    Phoenix #1 iAcademy

  • High School

    North High School

Property Features

  • Ownership

    Fee Simple

  • Tax Lot

    5

  • Water Source

    Other

Schedule

Schedule a Showing

Showing scheduled successfully.

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

  • County

    Maricopa

  • Elementary School

    Phoenix Elementary District

  • Middle School

    Phoenix #1 iAcademy

  • High School

    North High School

Listing Courtesy of Carrie Lehrman, SRL Group

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Terri Applegarth

Terri Applegarth

Agent / Realtor®

Call Terri today to schedule a private showing.

Phone (303) 880-6439

Email Terri@MandyGoldTeam.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.

Properties

Related properties

New on site 3 days ago
RENOVATED 4 UNITS Short-Term Rental in PRIME Phoenix LOCATION on R-5 zoning. Cap rate 10.6%. 2026 average occupancy rate 72%, Airbnb rating 4.85 out of 5! Comes with confirmed future bookings totaling over $6,000 through Nov 1, 2026 and the established hosting accounts on main short term rentals platforms!!! UNITS: One 2 BD-1BA and Three Studios. Every unit has its OWN kitchen, bathroom and a separate PRIVATE ACCESS. 2 BD unit has it's own Laundry with washer and dryer. The backyard is a common space for all guests with a Grill, Fire pit, Hammock and a separate Laundry shed. Cleaning and maintenance crews use another outside shed for supplies. Each unit uniquely renovated and staged, designed to appeal to a broad range of tenants-perfect for maximizing occupancy & income! The property located in a high-demand area of Downtown Phoenix, minutes to Chase Field, the Convention Center, ASU Downtown, Roosevelt Row, Van Buren.
#7086654

Phoenix

322 N 11TH Place

None Beds

None Baths

N/A

$745,000

MLS#: 7086654

New on site 3 days ago
Fully renovated and fully furnished, this turnkey 3-unit short-term rental in Downtown Phoenix offers strong, documented cash flow and an impressive 4.8+ star Airbnb rating. The asset generated $119,442 in gross revenue in 2024 and $103,198 in 2025, with a two-year average revenue of approximately $111,320, producing operating income of $62,272 in 2024 and $53,719 in 2025, for a two-year average NOI of roughly $57,996--reflecting strong operating margins of about 52%. This is a stabilized, high-margin hospitality investment ideal for investors seeking immediate cash flow, experienced short-term rental operators expanding their portfolio, or buyers looking for a prime-location income property in one of Arizona's fastest-growing urban markets. The property located in a high-demand area of Downtown Phoenix, minutes to Chase Field, the Convention Center, ASU Downtown, Roosevelt Row, Van Buren. The property features one 2-bed/1-bath unit, one 1-bed/1-bath unit, and a private studio--each with its own kitchen, full bath, and separate entrance - providing three independent income streams under one roof. A separate laundry room and storage shed support efficient operations for guests and cleaning staff, while the fenced common courtyard with grill, fire pit, lounge seating, and hammock enhances guest experience and occupancy appeal.
#7087258

Phoenix

1515 W TONTO Street

None Beds

None Baths

N/A

$619,000

MLS#: 7087258

Rare opportunity to own a newly built, permitted duplex completed in 2025, offering immediate turnkey rental income with furnished tenants secured through August 2027. The property totals approximately 1,947 sq ft and includes a 1,102 sq ft main residence plus a separately metered 845 sq ft second unit. The main unit features 2 bedrooms and is leased for $2,300/month, while the second unit offers 3 bedrooms and is leased for $2,820/month, generating a combined $5,120/month in rental income. Both units feature modern finishes, private yards, dedicated parking for two vehicles, and low-maintenance designs. Separate electric meters provide convenient utility separation between units. Ideally located near Downtown Phoenix, major hospitals, employment centers, shopping, dining, and major freeway access, this property offers excellent convenience for tenants and strong appeal for investors. A unique opportunity to acquire a 2025-built duplex with established rental income, modern construction, separate utilities, and minimal maintenance requirements. Whether you're looking for a turnkey investment or a property with flexible living and income potential, this duplex is ready to perform. Newly constructed duplex with identical property features and similar leases available for sale next door, 4136 N 11th St.
#7079145

Phoenix

4132 N 11TH Street

5 Beds

None Baths

N/A

$765,000

MLS#: 7079145

Price reduced
Recently updated triplex in the heart of Downtown Phoenix, offering three separate 2-bedroom, 1-bath units on a 0.18-acre lot with six surface parking spaces. Each unit features a private, fenced backyard and individual electric metering. The property offers low-maintenance desert landscaping and a tucked-away setting just off Taylor Street. With three separate units and a convenient central Phoenix location, this property presents a great opportunity for investors seeking a multifamily property with rental income potential.
#7066827

Phoenix

1459 E TAYLOR Street

6 Beds

None Baths

N/A

$600,000

MLS#: 7066827

INVESTMENT OPPORTUNITY to own THREE separate income-producing units. All three units are currently rented, providing immediate rental income. Convenient Phoenix location with access to major roads, shopping, dining, and nearby amenities. Great opportunity for investors looking to add a multi-unit property to their portfolio. Properties are located on two parcels. The owner is working to have the parcels combined with the city. Please include both legal descriptions on the offer. Buyer to verify all facts and figures.
#7064937

Phoenix

3716 E FILLMORE Street

7 Beds

None Baths

N/A

$650,000

MLS#: 7064937

Exceptional value-add opportunity in the heart of Phoenix. Situated on an expansive 14,000 SF lot, this 5-unit multifamily property offers tremendous potential for investors, developers, and owner-operators seeking their next repositioning project. The property requires substantial renovation, creating a true blank canvas for value-add improvements, redevelopment, or adaptive reuse potential. Whether your strategy is long-term hold, multifamily investment, workforce housing, or reimagining the site for its highest and best use, this asset offers exceptional flexibility. Ideally located just minutes from Downtown Phoenix and the Arizona State Capitol, with convenient access to I-10, I-17, Sky Harbor International Airport, the Phoenix Bioscience Core, ASU's Downtown Campus, and the city's major sports and entertainment venues. Positioned within an evolving urban corridor experiencing continued public and private investment, this rare large-lot property combines location, density, and long-term upside. Investment opportunities with this combination of size, proximity to the urban core, and repositioning potential are becoming increasingly difficult to find. Bring your vision and unlock the possibilities.
#7048471

Phoenix

2021 W WASHINGTON Street

14 Beds

None Baths

N/A

$550,000

MLS#: 7048471

Price reduced
Exceptional investment opportunity featuring a total of seven units, including a single-family residence & eligible for residential financing. Located near GCU, the freeway, shopping, and other amenities, this property offers strong tenant appeal. Estimated CAP Rate: 6%. The single-family residence features a full-size laundry room. All units were renovated between 2019 and 2020. Improvements include new sewer and water lines, upgraded electrical service, interior and exterior paint, roofs replaced on both triplexes in 2024, and a new roof on the single-family residence in 2020. Well-maintained property with numerous updates throughout. See Documents tab for details. Buyer to verify all information.
#7039047

Phoenix

2620 W PIERSON Street

6 Beds

None Baths

N/A

$539,000

MLS#: 7039047

Exceptional investment opportunity featuring a total of seven units, including a single-family residence & eligible for residential financing. Located near GCU, the freeway, shopping, and other amenities, this property offers strong tenant appeal. Estimated CAP Rate: 6%. The single-family residence features a full-size laundry room. All units were renovated between 2019 and 2020. Improvements include new sewer and water lines, upgraded electrical service, interior and exterior paint, roofs replaced on both triplexes in 2024, and a new roof on the single-family residence in 2020. Well-maintained property with numerous updates throughout. See Documents tab for details. Buyer to verify all information.
#7039046

Phoenix

2616 W PIERSON Street

7 Beds

None Baths

N/A

$749,000

MLS#: 7039046

Price reduced
Great opportunity to buy three units, all the same size with 2 bed and 1 bath, middle unit vacant and fully remodeled including vinyl flooring, two units occupied and have tile flooring with updated kitchen and fresh paint interior and exterior. New roof and one new Ac unit. storage unit for each tenant and laundry room not in use. fence on both sides for tenants' privacy. All units have newer fixtures, and new windows. cover parking access through the alley. All units Vacant.
#7042432

Phoenix

1132 W NORTH Lane

6 Beds

None Baths

N/A

$549,999

MLS#: 7042432

Outstanding turnkey investment opportunity! One of two side-by-side duplexes built in 2025, this well-designed property features two-story 3-bedroom, 2.5-bath residences, each with a tandem 2-car garage. Fully leased and stabilized with excellent tenants paying $2,300 per month per unit. Produces approximately $43,000 in annual NOI based on trailing 12-month expenses, reflecting an attractive 6% CAP rate. FHA, VA, conventional, cash, and 1031 buyers are welcome. Investors will love the cash flow, but don't overlook the opportunity for an owner-occupant. Owner pays water only. Upgraded finishes include wood-look plank tile, Samsung stainless appliances, 42'' cabinetry, tiled shower surrounds, and dual-pane windows.
#7039557

Phoenix

2431 E PUEBLO Avenue

6 Beds

None Baths

N/A

$719,900

MLS#: 7039557

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 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

1529 E ADAMS Street

Message successfully sent.

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by The Mandy Gold Team | Haymore Real Estate LLC via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Send a message

Message successfully sent.

Reason for contacting?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by The Mandy Gold Team | Haymore Real Estate LLC via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Sign In Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

I agree to receive communications and understand I can unsubscribe at any time.

I agree to be contacted by The Mandy Gold Team | Haymore Real Estate LLC via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service