2414 Coolidge StPhoenix, AZ 85015

Property Details for 2414 Coolidge St

Year built

1934

Lot size

0.83 AC

Property size (Sq ft)

5,909 SF

Property type

Residential income homes

Property subtype

Apartment buildings

Description

This exceptional multifamily investment opportunity presents nine renovated casita-style rental units in Phoenix, Arizona. The property, situated on a 0.83-acre lot at 2414 W Coolidge St, 85015, boasts 5,909 square feet of living space, offering a compelling price per square foot of $411.24 and a price per unit of $270,000. Each unit provides a single-family feel, a significant draw for renters. Recent renovations include new kitchens with updated cabinets and countertops, new flooring throughout, upgraded bathroom vanities, fresh interior and exterior paint, and the installation of in-unit washers and dryers. Built in 1934, these nine individual buildings are constructed of durable masonry. The property benefits from its convenient location, directly east of the I-17 Freeway and south of Camelback Road, providing easy access to major transportation routes. Its proximity to Grand Canyon University, one of the nation's largest universities, ensures a strong and consistent rental demand. This stabilized investment offers a rare blend of classic charm, modern updates, and a highly desirable location, making it an ideal addition to any portfolio. The asking price for this exceptional property is $2,375,000.

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.505

Longitude

-112.111

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