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1438 E Adams St, Phoenix, AZ 85034

$999,000
  • 4

    bed

  • 4

    bath

Multi-family for sale 116 days
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About 1438 E Adams St

Property type Multi-family
Neighborhood
Year built 1983
HOA fee $0/month
Property description
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.
Listed by
Listing Agent - Joseph Becker
Listing Office - AH Properties
Source: ARMLS mls logo
MLS#7044182 • last updated 3 months ago
Movoto checked ARMLS for data 12 minutes ago
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Overview
Cooling/AC Central Air, Electric
Heating Forced Air, Electric
MLS # 7044182
Type Multiple Dwellings
Status Active
Property Tax 1294
Year Built 1983
Interior
Total # of Bathrooms 4
Total # of Bedrooms 4
Flooring Laminate
Appliances Free-Standing Range, Disposal, Refrigerator, Free-Standing Electric Oven, Built-In Electric Oven, Microwave, Washer/Dryer, W/D Hookup
Exterior
Roof Composition
Construction Wood Siding, Wood Frame, Painted
Parking Off Street, RV Access/Parking, Paved, 1 Space/Unit, On Street, Boat
# of Open Parking Spaces 4
Exterior Features Sidewalk(s)
Amenities / Utilities
Water Source Master Meter, City Franchise
Sewer/Septic Public Sewer, Sewer-In & Connected
Location
Subdivision COLLINS ADDITION PHOENIX BLOCKS 31-34 39-40
Community Features No Pool
Elementary School Garfield School
Elementary School District Phoenix Elementary District
Middle School Garfield School
High School District Phoenix Union High School District
High School North High School
APN 116-46-068
Zoning Multiple Family
Directions N On 15th St To Adams, W To Property On Right.
Multifamily Details
Total # of Units 4
Expense: Operating 1294
Financial Data Source Projected Proforma
Gross Income 49200
Gross Scheduled Income 49200
Lot/ Land Details
Road Surface Asphalt
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2/10
Garfield School
public Grades PK, K-8
Phoenix Elementary District
3/10
North High School
public Grades 9-12
Phoenix Union High School District
8/10
Phoenix Coding Academy
public Grades 9-12
Phoenix Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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Walk
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Family
92/100
Dining
96/100
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  • Real Estate
  • AZ
  • Maricopa County
  • Phoenix
  • 85034
  • Eastlake Park
  • 1438 E Adams St

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