Phoenix Homes with No Carry New Financing

This prime vacant lot presents an exceptional investment and development opportunity in a highly desirable downtown location. Zoned R-4, the property offers outstanding flexibility for a variety of residential projects, including single-family homes, townhomes, duplexes, and multi-family developments (subject to city approval). With its central location providing convenient access to shopping, dining, entertainment, schools, and major transportation routes, this parcel is perfectly positioned to meet the growing demand for housing in the area. Whether you're a builder, developer, or investor seeking your next project, this property offers tremendous potential and value. Competitively priced to sell--don't miss this rare opportunity to secure a versatile development site in the heart of downtown.

1714 W Hadley Street Unit 21, Phoenix

$715,000

7058179 MLS

Fully renovated, income-producing three-unit investment property located at 5038 N 18th Avenue in Phoenix, just one block from the Valley Metro light rail. The property consists of a 899-square-foot main house and a 1,377-square-foot duplex, providing approximately 2,276 total square feet across three units. The property has undergone an extensive capital improvement and rehabilitation program, including new luxury vinyl plank flooring, modern baseboards, white vinyl windows, interior and exterior paint, remodeled kitchens with white shaker cabinets, quartz countertops and stainless-steel appliances, updated bathrooms, new plumbing fixtures, electrical upgrades, recessed lighting, ceiling fans, coded entry hardware, Wi-Fi-SEE THE SUPPLIMENT FOR MUCH MORE INFORMATION Fully renovated, income-producing three-unit investment property located at 5038 N 18th Avenue in Phoenix, just one block from the Valley Metro light rail. The property consists of a 899-square-foot main house and a 1,377-square-foot duplex, providing approximately 2,276 total square feet across three units. The property has undergone an extensive capital improvement and rehabilitation program, including new luxury vinyl plank flooring, modern baseboards, white vinyl windows, interior and exterior paint, remodeled kitchens with white shaker cabinets, quartz countertops and stainless-steel appliances, updated bathrooms, new plumbing fixtures, electrical upgrades, recessed lighting, ceiling fans, coded entry hardware, Wi-Fi-enabled thermostats, laundry improvements, exterior repairs, new landscaping rock and the addition of a third bedroom to each unit. The property will be leased to a single tenant under a new five-year nnn lease, providing the investor with predictable income and minimal ownership responsibilities. The tenant will be responsible for 100% of the property's operating expenses, including real estate taxes, property insurance, utilities, maintenance, repairs and other customary property-related expenses. Initial base rent will be $6,500 per month, or $78,000 annually. Rent will increase by $1,200 annually during each of Years 2, 3, 4 and 5, providing the following scheduled rental income: Year 1:$6,500 per month / $78,000 annually Year 2:$6,600 per month / $79,200 annually Year 3:$6,700 per month / $80,400 annually Year 4:$6,800 per month / $81,600 annually Year 5:$6,900 per month / $82,800 annually This offering provides investors with a newly renovated asset, contractual rental growth, limited landlord obligations and convenient access to public transportation, employment centers, shopping, dining and central Phoenix amenities. Once the lease is fully executed, all lease terms, rental amounts and income figures presented will reflect the final signed lease and will be 100% accurate as of the lease execution date. Buyer to verify all facts and figures. Location 5038 N 18th Avenue is centrally located in Phoenix's established Alhambra neighborhood, just south of Camelback Road. The property offers convenient access to the Camelback Road and 19th Avenue commercial corridors, Interstate 17, Central Phoenix, Midtown, Downtown Phoenix, and Grand Canyon University. A significant location advantage is the property's proximity to the Valley Metro Rail station at 19th Avenue and Camelback Road, approximately 0.2 miles away. Residents can walk to the station and access employment centers, educational institutions, sporting events, entertainment districts, Downtown Phoenix, Phoenix Sky Harbor International Airport connections, and destinations throughout the Valley Metro system. Area Amenities The surrounding neighborhood provides convenient access to grocery stores, restaurants, coffee shops, pharmacies, banks, fitness centers, medical services, schools, and other everyday necessities. The nearby Camelback Road, Bethany Home Road, 19th Avenue, and Central Avenue corridors offer a broad selection of national retailers, locally owned businesses, and neighborhood services. Residents are also within convenient driving or light-rail distance of: * Uptown Plaza and the Central Avenue dining corridor * The Melrose District's restaurants, boutiques, and locally owned businesses * Steele Indian School Park * Encanto Park and Encanto Golf Course * Phoenix College * Grand Canyon University * Downtown Phoenix's business, educational, medical, and cultural districts Entertainment Venues The property's central location provides access to numerous entertainment, cultural, and sporting destinations. Grand Canyon University's main campus is located at 3300 W Camelback Road and offers collegiate sporting events, concerts, theatrical productions, and other community activities. ([Grand Canyon University][2]) Additional destinations accessible by car or light rail include: * GCU Arena * Footprint Center * PHX Arena and Downtown Phoenix sporting events * Arizona Financial Theatre * Phoenix Convention Center * The Van Buren * Phoenix Art Museum * Heard Museum * Roosevelt Row Arts District * Chase Field * Downtown Phoenix restaurants and nightlife Major Employers The property is positioned near several of Central Phoenix's most significant employment centers. Grand Canyon University is located approximately two miles west of the property, while Banner Health's corporate offices are situated along Central Avenue. Banner-University Medical Center Phoenix, the City of Phoenix, Phoenix College, and Downtown Phoenix's government, healthcare, education, financial, hospitality, and professional-service employers are also readily accessible. Major area employers and employment centers include: * Grand Canyon University * Banner Health and Banner-University Medical Center Phoenix * City of Phoenix * State of Arizona * Phoenix College and the Maricopa County Community College District * Phoenix Union High School District * Maricopa County * Downtown Phoenix financial and professional-service firms * Phoenix Sky Harbor International Airport and its supporting employers Transportation The property offers excellent multimodal transportation access. The 19th Avenue/Camelback Valley Metro Rail station and park-and-ride facility are located approximately 0.2 miles from the property. The station is served by the Valley Metro B Line and connects the neighborhood with Midtown and Downtown Phoenix, Grand Canyon University-area destinations, Phoenix Sky Harbor International ([Valley Metro][1]) Bus service is available along both 19th Avenue and Camelback Road, providing additional connections throughout Central Phoenix. Interstate 17 is approximately one mile west of the property, offering convenient regional access to Downtown Phoenix, the West Valley, North Phoenix, Loop 101, and Interstate 10. The combination of walkable light-rail access, nearby bus routes, major arterial streets, and convenient freeway connectivity makes this location especially attractive to residents seeking transportation flexibility and access to major employment and entertainment destinations.

5038 N 18th Avenue, Phoenix

$750,000

7057074 MLS

3801 N 23rd Drive, Phoenix

$799,900

7056928 MLS

Words can't fully capture the value of this impeccably maintained four-plex, where pride of ownership is evident throughout. Ideally situated in a highly desirable rental community, this property offers both stability and long-term upside for any investor. Each of the four units features a 2-bedroom, 1-bath layout with 926 square feet, providing comfortable and functional living spaces that remain in high demand. Three units are currently occupied, delivering immediate cash flow, while Unit #4 is vacant and available to show. Each unit includes French doors leading to a spacious front deck or patio area, creating a welcoming indoor-outdoor feel. The downstairs units enjoy private fenced yards, a rare amenity that enhances tenant appeal.

3823 N 23rd Drive, Phoenix

$495,000

7053423 MLS

Right off the Roosevelt Row Arts District, 802 W Roosevelt St is a duplex in the heart of Central Phoenix's highly walkable and revitalized Triangle District. Built in 1930, the property features two well-maintained 2-bed/1-bath units, each approximately 750 square feet, blending historic charm with modern updates. The large 0.205-acre R-5 zoned lot provides future upside, while on-site laundry adds everyday convenience. Ideal for an owner-occupant, short- or mid-term rental operator, or traditional multifamily, the property is just minutes from Downtown Phoenix, Roosevelt Row, ASU Downtown, and the I-10 & I-17 freeways. This location places residents near the Valley's top dining, entertainment, employment, and cultural destinations.

802 W Roosevelt Street, Phoenix

$7,650,000

7052542 MLS

Row 31 is a newly constructed boutique style 31-unit community located at 1435 E Taylor St. in the desirable Garfield District just minutes from Downtown Phoenix. The asset offers investors a rare opportunity to acquire a fully modern, institutional quality infill property in one of Phoenix's most urban and transit-connected neighborhoods. Row 31 consists of a well-balanced unit mix of (2) studios, (18) one-bedroom, and (11) two-bedroom, two-bathroom residences, each featuring in-suite washer/dryer, stainless steel appliances, LVP flooring, quartz countertops, custom cabinetry, and smart home features. Construction finished earlier this year and the property is now nearing full occupancy.

1435 E Taylor Street, Phoenix

$329,000

7050370 MLS

Great location in Maricopa County with beautiful mountain views. The parcel was split into five (5) parcels-This listing is for the remaining three (3) parcels -please refer to the brochure and map under the documents tab for additional details. The listing price is for the three (3) parcels. Individually the price is $329,000. Three (3) Parcels - APN 211-24-008-B APN 211-24-008-C APN 211-24-008-E

N Central Avenue Unit C, Phoenix

$329,000

7050367 MLS

Great location in Maricopa County with beautiful mountain views. The parcel was split into five (5) parcels-This listing is for the remaining three (3) parcels -please refer to the brochure and map under the documents tab for additional details. The listing price is for the three (3) parcels. Individually the price is $329,000. Three (3) Parcels - APN 211-24-008-B APN 211-24-008-C APN 211-24-008-E

N Central Avenue Unit E, Phoenix

$329,000

7050363 MLS

Great location in Maricopa County with beautiful mountain views. The parcel was split into five (5) parcels-This listing is for the remaining three (3) parcels -please refer to the brochure and map under the documents tab for additional details. The listing price is for the three (3) parcels.Individually the price is $329,000. Three (3) Parcels - APN 211-24-008-B APN 211-24-008-C APN 211-24-008-E

N Central Avenue Unit B, Phoenix

$4,000,000

7048772 MLS

20% PRICE REDUCTION. Originally developed in 1960, the property's unit mix features a desirable blend of one studio (±4%) and spacious one-bedroom (±35%) and two-bedroom (±61%) floorplans covering an average of ±728 square feet. Future ownership will have the opportunity to implement an interior renovation program to upgrade the remaining classic units and capitalize on the associated interior renovation premium already proven in the immediate area.

1412 N 35th Street, Phoenix

$300,000

7048596 MLS

Discover the perfect canvas for your dream home on this nearly one-acre lot, where breathtaking mountain views provide the backdrop for your custom vision. With ample space to build, you'll have the freedom to create the home you've always imagined, complete with lush landscaping, and room to make it uniquely yours. Opportunities to own a parcel like this are few and far between--don't miss your chance to turn this exceptional property into something truly special.

1711 E Sharon Drive Unit '''''', Phoenix

$1,900,000

7046624 MLS

Fully occupied! All single level units inside a gated community, mix of one bedroom units (9) and two bedroom units (2). Newly updated kitchen with stainless appliances, double-door refrigerators, granite countertops. Full-size washer and dryer inside each unit! Concrete floors, double-pane windows, ceiling fans in each room, enough covered and uncovered parking. Incredible central location, 15 minutes in any direction to Scottsdale, Tempe, or Downtown Phoenix. Each unit has separate electrical meter, water/sewer is paid under one account. Two trailers along with tools inside are included in the sale as bonus!

2302 N 36th Street Unit OFC, Phoenix

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