For Sale Multi-Family MLS# 7033470

1529 E ADAMS Street

Phoenix, AZ 85034

$659,000

About 1529 E ADAMS Street

An exceptional investment opportunity in the heart of Downtown Phoenix -- two 4-unit buildings offering a rare chance to own 8 total units with conventional financing eligibility. Ideally located within walking distance to Chase Field, the Footprint Center, ASU Downtown Campus, University of Arizona College of Medicine, Banner Health, and the vibrant restaurants, coffee shops, art galleries, and nightlife of Roosevelt Row. All units are currently occupied, providing immediate income potential, and have been nicely updated with additional upside for future improvements and increased rents. Each residence offers its own private patio or yard space, creating an attractive living experience for tenants, along with ample on-site parking. Positioned in one of Phoenix's fastest-growing urban corridors, this property combines location, flexibility, and long-term investment potential. Whether you are looking to expand your portfolio or secure a prime multi-family asset in Downtown Phoenix, this is an opportunity not to miss

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1983
Original price
$659,000
MLS #
7033470

Interior

Features
Ceiling Fan(s), Natural Gas, Tile, Laminate
Flooring
Tile, Laminate
Heating
Natural Gas
Cooling
Ceiling Fan(s)

Exterior & lot

Features
1 Space/Unit, Parking spaces: 4
Construction
Painted, Block, Rolled/Hot Mop
Roof
Rolled/Hot Mop
Lot
R-5, 11646103
Parking
1 Space/Unit

Schools

District
Phoenix Elementary District
Elementary
Phoenix #1 iAcademy
Middle
Phoenix #1 iAcademy
High
North High School

Utilities

Utilities
Public Sewer, Other
Water
Other
Sewer
Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$980
Tax year
2025
Parcel
11646103

Location

Subdivision
COLLINS ADDITION PHOENIX BLOCKS 31-34 39-40
County
Maricopa
Neighborhood
Wesley Community Center
Community
Maricopa, Asphalt, Arizona Regional Multiple Listing Service 2, Phoenix Elementary District

Location

Neighborhood
Wesley Community Center
Subdivision
COLLINS ADDITION PHOENIX BLOCKS 31-34 39-40
School district
Phoenix Elementary District

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Listed by Carrie Lehrman, SRL Group

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.