$840,000
1950 E YALE Street, Phoenix, AZ 85006
Maricopa County
Description
Excellent investment opportunity in the heart of Phoenix! This centrally located triplex offers strong rental appeal and immediate income potential, as all units are currently fully leased. The property features two units with 2 bedrooms and 1 bathroom, plus a spacious third unit offering 3 bedrooms and 2 bathrooms — ideal for attracting a variety of tenants. Each unit has been thoughtfully updated with modern finishes, including wood-look flooring, neutral color palettes, recessed lighting, and stylish kitchens complete with white shaker cabinetry, quartz countertops, stainless steel appliances, and tile backsplash. Residents enjoy private covered patios, front turf areas, and the convenience of in-unit washer and dryer — features that enhance tenant satisfaction and retention. Situated near major freeways, downtown Phoenix, Chase Field, ASU, Phoenix Children's Hospital, shopping, dining, and public transportation, this property offers both convenience and long-term desirability. Easy to manage and located in a high-demand rental corridor, this is an ideal addition to any investment portfolio. Don't miss this opportunity to own a well-maintained multi-family property in a prime central location!
Property details
Interior
Bathrooms
- Total Bathrooms: 0
Interior Features
- Flooring: Ceramic Tile
Appliances
- Refrigerator
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
Heating and Cooling
- Cooling Features: Electric, Ceiling Fan(s)
- Heating Features: Electric
Exterior
Land Info
- Lot Size Dimensions: 8468
Garage and Parking
- Attached Garage: No
- Parking Features: Paved, On Street
Listing
Other Property Info
- Annual Tax Amount: $1,247
- Source Listing Status: Active
- County: Maricopa
- Directions: SOUTH ON 20TH ST WEST ON YALE PROPERTY ON NORTHWEST CORNER BEFORE FREEWAY.
- Parcel Number: 117-06-112-A
- Zoning: 0
- Postal City: Phoenix
- Listing Date: 2/13/2026
- MLS#: 6984600
Features
Building and Construction
- Year Built: 1961
- Property Age: 65
- Construction Materials: Block, Painted
- Roof: Composition
Utilities
- Water Source: City Franchise
Contact Us
Contact Us
Ask a question or schedule a showing
Listing updated: April 21, 2026
MLS#: 6984600
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All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
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