For Sale
$879,000

6239 14Th StPhoenix, AZ 85014

Prime 3-unit apartment building, excellent ROI.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional three-unit apartment building presents a compelling investment opportunity in the desirable North Central Phoenix area. Built in 1958 and recently renovated, the property boasts a total of 2,530 square feet, offering a comfortable and updated living experience for residents. Each of the three units commands a price of $293,000, contributing to the overall asking price of $879,000. The property's strong performance is underscored by its consistently high occupancy rate. The strategic location near the intersection of 16th Street and Bethany Home Road provides convenient access to a vibrant array of retail establishments and acclaimed restaurants, including Phoenix City Grill, Genuine, Aftermath, Luci's Marketplace, and George Yang's, enhancing the property's appeal to tenants. This Class C multifamily property offers a compelling price per square foot of $347.43, making it an attractive investment for those seeking a stable and profitable venture in a thriving Phoenix neighborhood. The property's history of strong rental income and its location in a sought-after area position it for continued success and long-term growth. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a prime Phoenix location. The address is 6239 N 14th St, Phoenix, AZ 85014, within Maricopa County.

Highlights

  • $879,000 asking price for a three-unit apartment building.
  • Multifamily property with three units, totaling 2,530 square feet.
  • Class C building constructed in 1958, offering a $347.43 price per square foot.
  • Located in Phoenix, Arizona, at 6239 N 14th St, zip code 85014.
  • $293,000 per unit price.

Property Details for 6239 14Th St

Property type
Apartment buildings
Square Feet
2,530 SF
Class
C
Year Built
1958
Units
3

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.5289635
Longitude
-112.051037
6239 14Th St, Phoenix, Arizona

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6239 14Th St
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