For Sale Multi-Family MLS# 7044182

1438 E ADAMS Street

Phoenix, AZ 85034

$999,000

About 1438 E ADAMS Street

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.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1983
Original price
$999,000
MLS #
7044182

Interior

Features
Central Air, Electric, Forced Air, Electric, Laminate
Flooring
Laminate
Heating
Forced Air, Electric
Cooling
Central Air, Electric

Exterior & lot

Features
Sidewalk(s), Off Street, RV Access/Parking, Paved, 1 Space/Unit, On Street, Boat, Parking spaces: 4
Construction
Wood Siding, Wood Frame, Painted, Composition
Roof
Composition
Lot
Multiple Family, 11646068
Parking
Off Street, RV Access/Parking, Paved, 1 Space/Unit, On Street, Boat

Schools

District
Phoenix Elementary District
Elementary
Garfield School
Middle
Garfield School
High
North High School

Utilities

Utilities
Sewer-In & Connected, Public Sewer, Master Meter, City Franchise
Water
Master Meter, City Franchise
Sewer
Sewer-In & Connected, Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$1,294
Tax year
2025
Parcel
11646068

Location

Subdivision
COLLINS ADDITION PHOENIX BLOCKS 31-34 39-40
County
Maricopa
Neighborhood
Wesley Community Center
Community
Maricopa, Asphalt, Arizona Regional Multiple Listing Service 2, Phoenix Elementary District
Directions
N on 15th St to Adams, W to Property on Right.

Location

Neighborhood
Wesley Community Center
Subdivision
COLLINS ADDITION PHOENIX BLOCKS 31-34 39-40
School district
Phoenix Elementary District

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Listed by Joseph Becker, AH Properties

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.