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  • Exterior
  • Kitchen
  • Bedroom
  • Bath

1021 E Pierce St, Phoenix, AZ 85006

$1,280,000
  • 12

    bed

  • 8

    bath

Multi-family for sale 53 minutes

About 1021 E Pierce St

Property type Multi-family
Neighborhood
Year built 2006
HOA fee $0/month
Property description
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.
Listed by
Listing Agent - Tavaughn J Nivens
Listing Office - FSR Realty
Source: ARMLS mls logo
MLS#7076583 • last updated 1 hour ago
Movoto checked ARMLS for data 4 minutes ago
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Overview
Cooling/AC Central Air, Ceiling Fan(s)
Heating Hot Water, Forced Air, Ceiling
MLS # 7076583
Type Multiple Dwellings
Status Active
Property Tax 2795
Year Built 2006
Interior
Total # of Bathrooms 8
Total # of Bedrooms 12
Flooring Laminate
Appliances Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer, W/D Hookup
Exterior
Roof Composition
Construction Wood Frame, Stucco, Stone
Parking Assigned, Add'l Parking Avail, 1 Space/Unit, On Street
# of Open Parking Spaces 5
Exterior Features Sidewalk(s)
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Security Features Security Light(s)
Location
Community Features No Pool
APN 113-27-111
Zoning R-3
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.
Multifamily Details
Total # of Units 4
Expense: Operating 2795
Financial Data Source Owner
Net Operating Income 80000
Gross Income 96000
Gross Scheduled Income 96000
Lot/ Land Details
Road Surface Asphalt
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Source: GreatSchools.org © 2026. All rights reserved.

Around Garfield

Explore everything this neighborhood has to offer. Learn more about Garfield.
70/100
Walk
75/100
Family
92/100
Dining
96/100
Pet
  • Real Estate
  • AZ
  • Maricopa County
  • Phoenix
  • 85006
  • Garfield
  • 1021 E Pierce St

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