1950 E Yale Street, Phoenix, AZ 85006

$815,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$815,000
Price Change
▼ $25,000 1784264431
Days on Market
164
Status
ACTIVE
MLS#
6984600
City
Phoenix
Year Built
1961

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!

Additional Information

Elementary School
William T Machan Elementary School
High School
Camelback High School
Middle School
William T Machan Elementary School
Community Features
No Pool
Construction
Block, Painted
Cooling
Electric, Ceiling Fan(s)
Electric
APS
Flooring
Ceramic Tile
Heating
Electric
New Financing
VA Loan, FHA, Conventional, Cash
Parking Features
Paved, On Street
Roofing
Composition
Taxes
$1,247
Tax Year
2025
Tenant Pays
See Remarks
Units
3
Water
City Franchise

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Barrett Real Estate.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.