1144 E YUMA Street E 1-14

Phoenix, AZ 85034

Phoenix, AZ 85034

1144 E YUMA Street E 1-14

$1,295,000

MLS#: 7048694

Status: Active

Listing provided by: US Investment Realty, LLC

Listing agent phone: None

Last update: 3 days ago

On site: 2 months ago

LAS CASITAS PLACE - Residential Income

About

1144 E Yuma St is a 14-unit multifamily property in Phoenix's Central City South neighborhood, built in 1942 and positioned as a value-add opportunity with substantial lease-up potential due to its current low occupancy. The unit mix of studios, one-bedroom units, and a single two-bedroom unit is well suited to the area's workforce renter base, and the property benefits from individually metered utilities. Its location near Downtown Phoenix, Sky Harbor Airport, major freeways, light rail access, and ongoing transit-oriented development supports its appeal to tenants seeking convenience and access to major employment centers.

Property

Beds

15

Full Baths

None

1/2 Baths

None

Year Built

1942

Sq.Footage

N/A

Features

Features & Amenities

Interior

  • Total Bedrooms

    15

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    N/A

  • Heating YN

    YES

  • Heating

    Hot Water

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stucco

  • Parking

    On Street

  • Pool

    No

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $1,295,000

  • Tax Amount

    $1,546

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Phoenix Elementary District

  • Middle School

    Augustus H. Shaw Montessori

  • High School

    Metro Tech High School

Property Features

  • Ownership

    Fee Simple

  • Sewer

    Public Sewer

  • Tax Lot

    2

  • Water Source

    Public

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

    Augustus H. Shaw Montessori

  • High School

    Metro Tech High School

Listing Courtesy of Alan Robinson, US Investment Realty, LLC

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 / RealtorĀ®

Call Terri today to schedule a private showing.


* 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.Ā© 2024 FMLS.

Properties

Related properties

This is a good financial opportunity and a truly rare opportunity to own a unique and somewhat mysterious piece of Phoenix history. Situated on just over an acre, at one time this was the ''Hopi Lodge'' on a ten acre spread. As a single family home neighborhood has grown around the now named Pueblo, it has retained it's non-conforming legal use as a seven unit apartment building. Built circa 1937, it was significantly modified by the 1950s, but loads of original and historic features remain including stone pillars and walls, beamed ceilings, custom wood doors, wood windows and a terrazzo floor to name a few. Each unit has it's own features and floor plan. A private courtyard and roof top view deck in a great location round out the benefits of this stunning property with loads of possibilit
#7067304

Phoenix

6835 N 21st Street

7 Beds

None Baths

N/A

$1,250,000

MLS#: 7067304

100% OCCUPIED + FULLY UPDATED ELECTRICAL & WIRING. Fully renovated 10-unit multifamily asset in the highly desirable Uptown Phoenix submarket. The property features a compelling unit mix across two contiguous parcels and benefits from approximately $355,000 of capital improvements completed over the last 1.5 years. With strong leasing momentum, stabilized operations, and market rent upside, this property is well-positioned for both yield-focused and appreciation-driven investors.
#6951020

Phoenix

8910-8912 N 3rd Street

12 Beds

None Baths

N/A

$1,500,000

MLS#: 6951020

Newly Built & Stabilized Phoenix Fourplex - Turnkey Investment Opportunity

Exceptional opportunity to acquire a newly built, occupied fourplex completed in 2024. The property consists of four spacious 2-bedroom, 2-bathroom residences, each approximately 930 square feet, offering a modern multifamily product with minimal near-term capital expenditure.

Each unit features an open and functional floor plan, contemporary finishes, upgraded kitchens with modern cabinetry and countertops, stainless steel appliances, spacious bedrooms, two full bathrooms, and in-unit stacked washer and dryer. Large windows provide abundant natural light throughout each residence.

Unlike much of the surrounding fourplex inventory, this property offers investors the advantages of newer construction.
#7072928

Phoenix

1306 E PURDUE Avenue

4 Beds

None Baths

N/A

$1,299,000

MLS#: 7072928

Price reduced
Discover a prime investment opportunity in strong central Phoenix with this fully occupied 8-unit multifamily complex generating consistent cash flow from day one. This exceptional property comprises three spacious 1-bedroom, 1-bathroom units and five efficient studio units, perfectly positioned to capitalize on the area's high demand for affordable rentals where vacancies remain rare. Each unit features its own electrical sub-panel for independent metering and billing. While all three 1-bedroom units boast in-unit washer/dryers for premium tenant appeal, and studios share a convenient on-site laundry facility. The property is fully fenced with one dedicated parking spot per unit, creating a secure and organized community. Major systems including plumbing, electrical, and HVAC were professionally upgraded in 2021, ensuring reliability and minimal maintenance concerns for years to come. The property is well-maintained with regular upkeep including fresh paint and timely repairs. With its R-5 zoning allowing for maximum density in multifamily development, this property presents significant future redevelopment possibilities for investors seeking long-term upside potential. Located strategically near Downtown Phoenix, the Central Avenue light rail extension, and with easy access to I-10 and I-17, residents enjoy quick commutes to key employment corridors and major transit routes. Beyond the stable current income, this is a true value-add opportunity--the large lot provides room for expansion, and there's strong potential to increase returns by replacing flooring and installing washer/dryers in the remaining studio units, or utilizing the huge courtyard for income-producing amenities like vending machines. This combines built-in stability with substantial upside for an investor ready to maximize returns. DRIVE-BY ONLY; please do not disturb tenants. Walkthroughs available only with accepted offers. Buyer to verify all information.
#7025359

Phoenix

909 S 35TH Avenue

8 Beds

None Baths

N/A

$1,109,998

MLS#: 7025359

Excellent Central Phoenix investment opportunity! This 5-unit multifamily property features five 2-bedroom, 1-bath units with updated interiors and strong rental upside. Current scheduled rents total approximately $6,550/month, with projected market rents of approximately $7,500/month. Offered at $1,185,000, the property has an estimated 5.20% current cap rate with potential for approximately a 6.10% stabilized cap rate. Units feature updated kitchens, cabinetry, flooring and stainless steel appliances. Conveniently located near Downtown Phoenix, employment centers, shopping, dining, healthcare and major transportation corridors. Great opportunity for investors seeking existing cash flow with value-add potential. Buyer to verify all facts and figures.
#7063520

Phoenix

4012 N 15TH Avenue

10 Beds

None Baths

N/A

$1,185,000

MLS#: 7063520

Price reduced
Eight-unit Phoenix multifamily investment under one Absolute NNN master lease. Offered at $1,625,000 with
current Year-2 base rent and NOI of $127,200, a 8.21% cap rate. Six 1BR and two 2BR units across three
buildings. Tenant pays taxes, insurance, utilities and operating expenses. Lease runs through 8/31/2030 with
$100 monthly base-rent increases at each remaining lease-year anniversary, two five-year options, a
personal guarantee and first right of refusal. Interior renovations, gated courtyard, on-site laundry and three
storage rooms enhance the property. No seller financing. Do not disturb tenants. Buyer to verify all
information. Acquire eight residences supported by a single Absolute NNN master lease in Phoenix's Sunnyslope/North
Mountain area. The property includes six one-bedroom/one-bath units and two two-bedroom/one-bath units
in three one-story buildings. Reported building area is approximately 4,461 SF on approximately 14,257 SF of
land.
The initial lease began September 1, 2025 and expires August 31, 2030. Current Year-2 base rent, effective
September 1, 2026, is $10,600 monthly or $127,200 annually. Annual NNN reimbursements total
$12,577.32, comprising $4,040.40 for taxes and $8,536.92 for insurance. Total annual rent plus
reimbursements is $139,777.32. Matching reimbursed expenses are $12,577.32, leaving $127,200 NOI and a
8.21% cap rate at the $1,550,000 asking price. These are annualized current lease-year figures.
Monthly base rent increases to $10,700 on September 1, 2027, $10,800 on September 1, 2028 and $10,900
on September 1, 2029. Year-5 annual base rent is $130,800. cap rate at the current
asking price under the stated NNN structure. Two five-year renewal options, a personal guarantee and a first
right of refusal are reported. Renewal options are not exercised lease terms.
Features include extensive 2024 interior renovations, tenant-funded exterior paint and landscaping, gated
access, a privacy wall, paver courtyard, an on-site laundry room and three storage rooms. Nearby services
include healthcare, public transportation, shopping and North Mountain recreation. Seller financing is not
available. Please do not disturb residents. Complete tenant leases are provided only after the property is
under contract to protect tenant privacy.
Disclaimer: Information is believed reliable but is not guaranteed. Buyer must independently verify all facts,
figures, income, expenses, leases, occupancy, measurements, condition, zoning and permitted uses. Pro
forma rents, returns and financing illustrations are estimates, not guarantees. Offering is subject to errors,
omissions, prior sale, changes in price or terms and withdrawal without notice.
#7061722

Phoenix

8939 N 8TH Street

10 Beds

None Baths

N/A

$1,550,000

MLS#: 7061722

This 7-unit property boasts a fully renovated interior and in-unit washers and dryers in every residence, delivering a truly turn-key investment in the heart of North Phoenix. Situated in the established North Mountain submarket, the area continues to benefit from sustained population growth and strong demand for quality rental housing. With a uniform 2-bedroom/1-bathroom unit mix, 100% occupancy, and a proven history of long-term tenancy, this property stands out as an exceptional stabilized investment already generating consistent cash flow.
#7010684

Phoenix

2015 E EUGIE Terrace

14 Beds

None Baths

N/A

$1,275,000

MLS#: 7010684

New on site 4 days ago
RARE HISTORIC PHOENIX ESTATE with THREE SEPARATE HOMES on one expansive property! This Pueblo Revival gem offers 3,666 SF of total livable space. The main residence features 3 beds, 2 baths + office (2,274 SF), plus TWO private casitas: a newly built 1 bed/1 bath (496 SF) and a 2 bed/1 bath (896 SF). Each residence has dedicated parking, fenced yard + laundry--ideal for multigenerational living, guests or rental income. Historic charm shines through Saltillo tile, wood floors, fireplace + soaring cove ceilings, while the remodeled kitchen adds modern functionality and timeless charm. Private courtyards, covered patios + sparkling pool complete this truly one-of-a-kind Phoenix property!
#7087259

Phoenix

1334 E FLOWER Street

6 Beds

None Baths

N/A

$1,115,000

MLS#: 7087259

The Chadley at Madison Park is a 5-unit multifamily community originally built in 1958 and comprehensively renovated in 2026.Interior upgrades include updated electrical panels, new plumbing, full cosmetic renovations, and new in-unit washers and dryers. Exterior improvements include a new roof, new sewer lines, new water lines, new HVAC systems, and new water tanks.
The unit mix consists of (4) two-bedroom/one-bathroom units and (1) three-bedroom/two-bathroom home, appealing to families and long-term tenants alike. Each residence features a large private backyard and a dedicated carport and outdoor space that is increasingly rare in the submarket.
Ideally positioned directly across from Madison Park and Madison Park Middle School and just minutes from shopping, dining, and entertainment
#7035981

Phoenix

4323 N 13TH Place

11 Beds

None Baths

N/A

$1,550,000

MLS#: 7035981

1144 E Yuma St is a 14-unit multifamily property in Phoenix's Central City South neighborhood, built in 1942 and positioned as a value-add opportunity with substantial lease-up potential due to its current low occupancy. The unit mix of studios, one-bedroom units, and a single two-bedroom unit is well suited to the area's workforce renter base, and the property benefits from individually metered utilities. Its location near Downtown Phoenix, Sky Harbor Airport, major freeways, light rail access, and ongoing transit-oriented development supports its appeal to tenants seeking convenience and access to major employment centers.

1144 E YUMA Street E 1-14

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.