For Sale Multi-Family MLS# 6984600

1950 E YALE Street

Phoenix, AZ 85006

$815,000

About 1950 E YALE Street

Excellent investment opportunity in the heart of Phoenix! This centrally located triplex offers strong rental appeal and immediate income potential, as all units are currently fully leased. The property features two units with 2 bedrooms and 1 bathroom, plus a spacious third unit offering 3 bedrooms and 2 bathrooms — ideal for attracting a variety of tenants.

Each unit has been thoughtfully updated with modern finishes, including wood-look flooring, neutral color palettes, recessed lighting, and stylish kitchens complete with white shaker cabinetry, quartz countertops, stainless steel appliances, and tile backsplash. Residents enjoy private covered patios, front turf areas, and the convenience of in-unit washer and dryer — features that enhance tenant satisfaction and retention. Situated near major freeways, downtown Phoenix, Chase Field, ASU, Phoenix Children's Hospital, shopping, dining, and public transportation, this property offers both convenience and long-term desirability. Easy to manage and located in a high-demand rental corridor, this is an ideal addition to any investment portfolio.

Don't miss this opportunity to own a well-maintained multi-family property in a prime central location!

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1961
Original price
$850,000
MLS #
6984600

Interior

Features
Ceiling Fan(s), Electric, Electric, Ceramic Tile
Flooring
Ceramic Tile
Heating
Electric
Cooling
Ceiling Fan(s), Electric

Exterior & lot

Features
Paved, On Street, Parking spaces: 5
Construction
Painted, Block, Composition
Roof
Composition
Lot
0, 11706112A
Parking
Paved, On Street

Schools

District
Phoenix Union High School District
Elementary
William T Machan Elementary School
Middle
William T Machan Elementary School
High
Camelback High School

Utilities

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

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$1,247
Tax year
2025
Parcel
11706112A

Location

County
Maricopa
Neighborhood
Coronado
Community
Maricopa, Asphalt, Arizona Regional Multiple Listing Service 2, Creighton Elementary District
Directions
SOUTH ON 20TH ST WEST ON YALE PROPERTY ON NORTHWEST CORNER BEFORE FREEWAY.

Location

Neighborhood
Coronado
School district
Phoenix Union High School District

Ask about this property

Questions on 1950 E YALE Street, Phoenix, AZ 85006, or want to see it in person?

Listed by Ashley C Sanchez Ochoa, Barrett Real Estate

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.