1101 E Roosevelt StreetPhoenix, AZ 85006

Description

PRICE IMPROVEMENT Motivated Seller Great investment opportunity! This fully renovated triplex features two 2-bedroom, 1-bath units and one 3-bedroom, 2-bath unit. All units were updated in 2025 with new flooring, cabinets, countertops, white appliances, bathrooms, and lighting fixtures. All three units are tenant occupied and producing income, making this a turnkey investment. One of the tenants are Section 8 tenants, providing reliable rental income. The property features low-maintenance landscaping, ample private parking, and separately metered electric for each unit. Located on R-5 zoning and registered as a multifamily parcel, this property is separately parceled as a triplex, allowing for residential financing. An excellent opportunity for investors seeking a renovated, cash-flowing property in Phoenix

Property Information

Property type

Residential Income

Sub-type

Multi Family

Year built

1982

Lot dimensions

6,875 sq ft.

Parking spaces

3

Zoning

R5

Days on market

71

Listing #

7057876

Property Features

Appliances

Free-Standing Range · Refrigerator · Microwave · Washer/Dryer

Cooling

Central Air · Electric · Varies by Unit · Ceiling Fan(s)

Heating

Electric · Varies by Unit

Flooring

Tile · Laminate

Parking

Other

Construction

Stucco

Roof

Composition

Sewer

Public Sewer

Water source

Public

Schools

Elementary

Garfield School

Middle

Garfield School

High

North High School

Financial Details

Annual taxes

$1,316Tax year 2025

Parcel number

116-27-158

Directions

From 7th St. & Roosevelt St., head east on Roosevelt St. to 11th St. Property is located on the southeast corner of 11th St. and Roosevelt St.