Movoto Real Estate

1950 E Yale St, Phoenix, AZ 85006

  • $815,000

  • 7

    bed

  • 6

    bath

Multi-family for sale 196 days
$25K price drop
80 homes bought nearby with Movoto recently

About 1950 E Yale St

Property type Multi-family
Neighborhood
Year built 1961
HOA fee $0/month
Property description
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!
Listed by
Listing Agent - Ashley C Sanchez Ochoa
Listing Office - Barrett Real Estate
Source: ARMLS mls logo
MLS#6984600 • last updated 1 month ago
Movoto checked ARMLS for data 6 minutes ago
Request a virtual or in-person tour
Overview
Cooling/AC Ceiling Fan(s), Electric
Heating Electric
MLS # 6984600
Type Multiple Dwellings
Status Active
Property Tax 1247
Year Built 1961
Interior
Total # of Bathrooms 4
Total # of Bedrooms 10
Flooring Ceramic Tile
Appliances Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Exterior
Roof Composition
Construction Painted, Block
Parking Paved, On Street
# of Open Parking Spaces 5
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Community Features No Pool
Elementary School William T Machan Elementary School
Elementary School District Creighton Elementary District
Middle School William T Machan Elementary School
High School District Phoenix Union High School District
High School Camelback High School
APN 117-06-112-A
Directions SOUTH ON 20TH ST WEST ON YALE PROPERTY ON NORTHWEST CORNER BEFORE FREEWAY.
Multifamily Details
Total # of Units 3
Expense: Operating 1247
Financial Data Source Owner
Net Operating Income 61273
Gross Income 62520
Gross Scheduled Income 62520
Lot/ Land Details
Road Surface Asphalt
Tour this home
When would you like to see 1950 E Yale St?
question
Have a question about this property? Call us at (844) 430-0869
2/10
3/10
8/10
Source: GreatSchools.org © 2026. All rights reserved.

Around Encanto

Explore everything this neighborhood has to offer.
57/100
Walk
74/100
Family
92/100
Dining
96/100
Pet
  • Real Estate
  • AZ
  • Maricopa County
  • Phoenix
  • 85006
  • 1950 E Yale St

My commute

Enter a destination to see travel time and distance.
By entering my info and clicking Ask a Question below, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Nearby homes for sale in Phoenix, AZ

Nearby recently sold homes in Phoenix, AZ

Newest listings in 85006

Meet with a real estate agent today (844) 430-0869
The multiple listing information is provided by Arizona Multiple Listing Service, Inc.. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
Arizona Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the Arizona Multiple Listing Service™ system. All information provided is deemed reliable but is not guaranteed and should be independently verified. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.