1438 E Adams Street, Phoenix, AZ 85034
- $999,000
- List Price
- $999,000
- Days on Market
- 38
- Status
- ACTIVE
- MLS#
- 7044182
- City
- Phoenix
- Subdivision
- Collins Addition Phoenix Blocks 31-34 39-40
- Year Built
- 1983
Property Description
Excellent four-unit multifamily investment property in the Phoenix metro area, minutes from Downtown Phoenix and the Sports Center. Updated in 2022, this well-maintained complex offers strong cash-flow potential with estimated annual income of approximately $50,000. Features include four spacious units with separate bedrooms (no studios), tile flooring throughout, in-unit laundry, and all appliances included, including refrigerators, washers, and dryers. Each unit has dedicated storage and assigned parking. Additional highlights include security doors and windows, privacy fencing, no HOA, Phoenix city tax municipality, and eligibility for subsidized housing programs. A low-maintenance, turnkey investment opportunity in a desirable location.
/u.realgeeks.media/skylineteamaz/logo-full-n.png){kind=logo}
Additional Information
- Elementary School
- Garfield School
- High School
- North High School
- Middle School
- Garfield School
- Community Features
- No Pool
- Construction
- Wood Frame, Painted, Wood Siding
- Cooling
- Central Air, Electric
- Electric
- APS
- Exterior Features
- Sidewalk(s)
- Heating
- Electric, Forced Air
- New Financing
- Conventional, 1031 Exchange, Lease Option, Owner May Carry, Lease Purchase, Cash
- Parking Features
- 1 Space/Unit, Paved, On Street, RV Access/Parking, Boat, Off Street
- Roofing
- Composition
- Sewer
- Sewer-In & Connected
- Subdivision
- Collins Addition Phoenix Blocks 31-34 39-40
- Taxes
- $1,294
- Tax Year
- 2025
- Tenant Pays
- Water, Electricity
- Units
- 4
- Water
- Master Meter, City Franchise
- Zoning
- Multiple Family
Mortgage Calculator
Listing courtesy of AH Properties.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.