


Listing Courtesy of: Arizona Regional MLS / Get Multifamily
2608 W Pierson Street Phoenix, AZ 85017
Active (53 Days)
$799,900 (USD)
Description
MLS #:
6982836
6982836
Taxes
$2,025
$2,025
Type
Multifamily
Multifamily
Year Built
1961
1961
County
Maricopa County
Maricopa County
Listed By
Sophia J Willets, Get Multifamily
Source
Arizona Regional MLS
Last checked Apr 4 2026 at 3:14 PM MST
Arizona Regional MLS
Last checked Apr 4 2026 at 3:14 PM MST
Bathroom Details
Heating and Cooling
- Electric
- Central Air
- Heat Pump
Flooring
- Vinyl
Exterior Features
- Block
- Painted
- Roof: Composition
Utility Information
- Sewer: Public Sewer
Parking
- <1 Space Per Unit
- On Street
Location
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Listing price
Down payment
%
Interest rate
%Mortgage calculator estimates are provided by Better Homes and Gardens Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Listing Data Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All Rights reserved
Information Deemed Reliable but not Guaranteed.
ARMLS Last Updated: 4/4/26 08:14.
Information Deemed Reliable but not Guaranteed.
ARMLS Last Updated: 4/4/26 08:14.
This thoughtfully upgraded property consists of four (4) one-bedroom, one-bathroom units, each extensively renovated with updated flooring, modernized kitchens, and refreshed bathrooms. The improvements provide strong tenant appeal while minimizing near-term capital expenditure.
All units are currently leased through Home Inc, with rental income ranging from $1,467 to $1,590 per unit, offering stabilized cash flow... in a prime university adjacent location.
Recent capital improvements include the full replacement of existing sewer lines, providing a significant infrastructure upgrade and reducing future deferred maintenance risk.
Investment Highlights:
(3 out of the 4 units are extensively remodeled) Fourplex
Four 1BR / 1BA units
Strong in-place rents: $1,467-$1,590 per unit
Sewer lines recently replaced
Prime proximity to GCU, parks, retail, and major freeways
Professionally managed (Home Inc)
Seller Financing Opportunity:
Seller is willing to carry $50,000 down and will structure an exact wrap of the existing note at 7.25% interest rate, creating a compelling financing option for qualified buyers.
All facts and figures are approximate. Buyer to verify all MLS information and conduct independent due diligence.