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1533 E Adams St, Phoenix, AZ 85034

  • $659,000

  • 4

    bed

  • 4

    bath

Multi-family for sale 61 days
80 homes bought nearby with Movoto recently

About 1533 E Adams St

Property type Multi-family
Neighborhood
Year built 1983
HOA fee $0/month
Rental estimate
Property description
An exceptional investment opportunity in the heart of Downtown Phoenix -- two 4-unit buildings offering a rare chance to own 8 total units with conventional financing eligibility. Ideally located within walking distance to Chase Field, the Footprint Center, ASU Downtown Campus, University of Arizona College of Medicine, Banner Health, and the vibrant restaurants, coffee shops, art galleries, and nightlife of Roosevelt Row. All units are currently occupied, providing immediate income potential, and have been nicely updated with additional upside for future improvements and increased rents. Each residence offers its own private patio or yard space, creating an attractive living experience for tenants, along with ample on-site parking. Positioned in one of Phoenix's fastest-growing Positioned in one of Phoenix's fastest-growing urban corridors, this property combines location, flexibility, and long-term investment potential. Whether you are looking to expand your portfolio or secure a prime multi-family asset in Downtown Phoenix, this is an opportunity not to miss
Listed by
Listing Agent - Carrie Lehrman
Listing Office - SRL Group
Source: ARMLS mls logo
MLS#7033471 • last updated 2 months ago
Movoto checked ARMLS for data 7 minutes ago
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Overview
Cooling/AC Ceiling Fan(s)
Heating Natural Gas
MLS # 7033471
Type Multiple Dwellings
Status Active
Property Tax 980
Year Built 1983
Interior
Flooring Tile, Laminate
Appliances Refrigerator
Exterior
Roof Rolled/Hot Mop
Construction Painted, Block
Parking 1 Space/Unit
# of Open Parking Spaces 4
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision COLLINS ADDITION PHOENIX BLOCKS 31-34 39-40
Community Features No Pool
Elementary School Phoenix #1 IAcademy
Elementary School District Phoenix Elementary District
Middle School Phoenix #1 IAcademy
High School District Phoenix Union High School District
High School North High School
APN 116-46-102
Zoning R-5
Multifamily Details
Total # of Units 4
Expense: Operating 980
Financial Data Source Owner
Vacancy Allowance 0.05
Gross Income 45212.4
Gross Scheduled Income 47592
Lot/ Land Details
Road Surface Asphalt
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Source: GreatSchools.org © 2026. All rights reserved.

Around Eastlake Park

Explore everything this neighborhood has to offer. Learn more about Eastlake Park.
63/100
Walk
62/100
Family
92/100
Dining
96/100
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  • Real Estate
  • AZ
  • Maricopa County
  • Phoenix
  • 85034
  • Eastlake Park
  • 1533 E Adams St

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