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129 N 11th Avenue, Phoenix

**RARE 5-Unit INVESTMENT OPPORTUNITY IN THE HEART OF DOWNTOWN PHOENIX!** Located in the desirable Woodland Historic District, this unique property offers incredible versatility with a modern single-family residence and four additional 1-bedroom apartments, all built in 2019! Whether you're looking to expand your investment portfolio, generate multiple rental income streams, or live on-site while renting out the additional units, this property offers endless possibilities! The spacious main residence features 4 bedrooms, 3.5 bathrooms, a den, bonus room, and a 1-car garage. Modern finishes include quartz countertops, stainless steel appliances, vaulted ceilings, and a walk-out patio. Quality block construction and a tile roof add to the appeal. Each of the four 1-bedroom apartments features a spacious great room, full kitchen, private bathroom, and its own washer and dryer. Covered parking and a gated courtyard provide added convenience and privacy. LOCATION, LOCATION, LOCATION! Enjoy easy access to everything Downtown Phoenix has to offer, including the Roosevelt Row Arts District, CityScape, ASU Downtown Campus, professional sporting events, entertainment venues, restaurants, shopping, and vibrant nightlife. An incredible opportunity to own a newer multi-unit property in one of Phoenix's most exciting urban locations. LIVE IN ONE, RENT THE OTHERS, OR MAXIMIZE YOUR INVESTMENT POTENTIAL!

8 Beds ⋅ 39 Baths ⋅ 7100598 MLS

**RARE 5-Unit INVESTMENT OPPORTUNITY IN THE HEART OF DOWNTOWN PHOENIX!** Located in the desirable Woodland Historic District, this unique property offers incredible versatility with a modern single-family residence and four additional 1-bedroom apartments, all built in 2019! Whether you're looking to expand your investment portfolio, generate multiple rental income streams, or live on-site while renting out the additional units, this property offers endless possibilities! The spacious main residence features 4 bedrooms, 3.5 bathrooms, a den, bonus room, and a 1-car garage. Modern finishes include quartz countertops, stainless steel appliances, vaulted ceilings, and a walk-out patio. Quality block construction and a tile roof add to the appeal. Each of the four 1-bedroom apartments features a spacious great room, full kitchen, private bathroom, and its own washer and dryer. Covered parking and a gated courtyard provide added convenience and privacy. LOCATION, LOCATION, LOCATION! Enjoy easy access to everything Downtown Phoenix has to offer, including the Roosevelt Row Arts District, CityScape, ASU Downtown Campus, professional sporting events, entertainment venues, restaurants, shopping, and vibrant nightlife. An incredible opportunity to own a newer multi-unit property in one of Phoenix's most exciting urban locations. LIVE IN ONE, RENT THE OTHERS, OR MAXIMIZE YOUR INVESTMENT POTENTIAL!

129 N 11th Avenue, Phoenix

1515 W Tonto Street, Phoenix

Fully renovated and fully furnished, this turnkey 3-unit short-term rental in Downtown Phoenix offers strong, documented cash flow and an impressive 4.8+ star Airbnb rating. The asset generated $119,442 in gross revenue in 2024 and $103,198 in 2025, with a two-year average revenue of approximately $111,320, producing operating income of $62,272 in 2024 and $53,719 in 2025, for a two-year average NOI of roughly $57,996--reflecting strong operating margins of about 52%. This is a stabilized, high-margin hospitality investment ideal for investors seeking immediate cash flow, experienced short-term rental operators expanding their portfolio, or buyers looking for a prime-location income property in one of Arizona's fastest-growing urban markets. The property located in a high-demand area of Downtown Phoenix, minutes to Chase Field, the Convention Center, ASU Downtown, Roosevelt Row, Van Buren. The property features one 2-bed/1-bath unit, one 1-bed/1-bath unit, and a private studio--each with its own kitchen, full bath, and separate entrance - providing three independent income streams under one roof. A separate laundry room and storage shed support efficient operations for guests and cleaning staff, while the fenced common courtyard with grill, fire pit, lounge seating, and hammock enhances guest experience and occupancy appeal.

Fully renovated and fully furnished, this turnkey 3-unit short-term rental in Downtown Phoenix offers strong, documented cash flow and an impressive 4.8+ star Airbnb rating. The asset generated $119,442 in gross revenue in 2024 and $103,198 in 2025, with a two-year average revenue of approximately $111,320, producing operating income of $62,272 in 2024 and $53,719 in 2025, for a two-year average NOI of roughly $57,996--reflecting strong operating margins of about 52%. This is a stabilized, high-margin hospitality investment ideal for investors seeking immediate cash flow, experienced short-term rental operators expanding their portfolio, or buyers looking for a prime-location income property in one of Arizona's fastest-growing urban markets. The property located in a high-demand area of Downtown Phoenix, minutes to Chase Field, the Convention Center, ASU Downtown, Roosevelt Row, Van Buren. The property features one 2-bed/1-bath unit, one 1-bed/1-bath unit, and a private studio--each with its own kitchen, full bath, and separate entrance - providing three independent income streams under one roof. A separate laundry room and storage shed support efficient operations for guests and cleaning staff, while the fenced common courtyard with grill, fire pit, lounge seating, and hammock enhances guest experience and occupancy appeal.

1515 W Tonto Street, Phoenix

1121 W Grant Street Unit 11, Phoenix

Prime Development Opportunity in Central Phoenix Lot currently zoned C-3, offering multiple development possibilities. Seller has inquired with the City and confirmed that rezoning to R-3 is possible (subject to City approval), which would allow for expanded opportunities, including the potential to develop approximately 2-5 residential units based on final site plan and approvals. Seller finance available. Utilities are within the area. Ideal for investors or builders seeking a value-add opportunity in a growing Phoenix location near major roads, shopping, and employment centers. Buyer to verify zoning, density, utilities, and all development approvals.

Prime Development Opportunity in Central Phoenix Lot currently zoned C-3, offering multiple development possibilities. Seller has inquired with the City and confirmed that rezoning to R-3 is possible (subject to City approval), which would allow for expanded opportunities, including the potential to develop approximately 2-5 residential units based on final site plan and approvals. Seller finance available. Utilities are within the area. Ideal for investors or builders seeking a value-add opportunity in a growing Phoenix location near major roads, shopping, and employment centers. Buyer to verify zoning, density, utilities, and all development approvals.

1121 W Grant Street Unit 11, Phoenix

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