For Sale Multi-Family MLS# 7076583

1021 E Pierce Street

Phoenix, AZ 85006

$1,280,000

About 1021 E Pierce Street

Incredible Investment Opportunity in the Heart of Historic Garfield - A rare and highly desirable 4-unit multifamily property nestled in one of Phoenix's most sought-after and culturally rich neighborhoods, the Historic Garfield District. Whether you're a seasoned investor or looking to house-hack your way to financial freedom, this property delivers cash flow with massive upside potential. Each spacious 900 sqft units features 3 bedrooms and 2 full bathrooms, offering a layout that commands top-of-market rents in today's competitive Phoenix rental market. With a projected average rental income of $2,100 per unit per month. Situated in the heart of the Historic Garfield District one of downtown Phoenix's most vibrant , walkable, and character-filled neighborhoods.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
2006
Original price
$1,280,000
MLS #
7076583

Interior

Features
Central Air, Ceiling Fan(s), Hot Water, Forced Air, Ceiling, Laminate
Flooring
Laminate
Heating
Hot Water, Forced Air, Ceiling
Cooling
Central Air, Ceiling Fan(s)

Exterior & lot

Features
Sidewalk(s), Assigned, Add'l Parking Avail, 1 Space/Unit, On Street, Parking spaces: 5
Construction
Wood Frame, Stucco, Stone, Composition
Roof
Composition
Lot
R-3, 11327111
Parking
Assigned, Add'l Parking Avail, 1 Space/Unit, On Street

Schools

District
Phoenix Elementary District

Utilities

Utilities
Public Sewer, City Franchise
Water
City Franchise
Sewer
Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$2,795
Tax year
2025
Parcel
11327111

Location

County
Maricopa
Neighborhood
Garfield
Community
Maricopa, Asphalt, Arizona Regional Multiple Listing Service 2
Directions
From the I-10 Freeway, take the 7th Street exit heading South. Continue south on 7th Street and turn Left (East) on Pierce Street. Proceed east on Pierce Street approximately 0.3 miles -- property will be on the Right (South) side of the street. Look for 1021 E Pierce St. Sign on property.

Location

Neighborhood
Garfield
School district
Phoenix Elementary District

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Listed by Tavaughn J Nivens, FSR Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.