1021 E Pierce StreetPhoenix, AZ 85006

Description

Incredible Investment Opportunity in the Heart of Historic Garfield - A rare and highly desirable 4-unit multifamily property nestled in one of Phoenix's most sought-after and culturally rich neighborhoods, the Historic Garfield District. Whether you're a seasoned investor or looking to house-hack your way to financial freedom, this property delivers cash flow with massive upside potential. Each spacious 900 sqft units features 3 bedrooms and 2 full bathrooms, offering a layout that commands top-of-market rents in today's competitive Phoenix rental market. With a projected average rental income of $2,100 per unit per month. Situated in the heart of the Historic Garfield District one of downtown Phoenix's most vibrant , walkable, and character-filled neighborhoods.

Property Information

Property type

Residential Income

Sub-type

Multi Family

Year built

2006

Lot dimensions

0.158 acres

Parking spaces

5

Zoning

R-3

Days on market

88

Listing #

7076583

Property Features

Appliances

Refrigerator · Dishwasher · Disposal · Microwave · Washer/Dryer · Free-Standing Electric Oven

Cooling

Central Air · Ceiling Fan(s)

Heating

Ceiling · Forced Air · Hot Water

Flooring

Laminate

Parking

On Street · Assigned

Construction

Stucco · Stone

Roof

Composition

Security

Security Lights

Sewer

Public Sewer

Water source

Public

Financial Details

Annual taxes

$2,795Tax year 2025

Parcel number

113-27-111

Directions

From the I-10 Freeway, take the 7th Street exit heading South. Continue south on 7th Street and turn Left (East) on Pierce Street. Proceed east on Pierce Street approximately 0.3 miles -- property will be on the Right (South) side of the street. Look for 1021 E Pierce St. Sign on property.