● For sale

$840,000

1950 E YALE Street, Phoenix, AZ 85006

Maricopa County

Built 1961 No HOA
108 days on market

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

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Listed by Ashley C Sanchez Ochoa& Maria De Lourdes Palomino Leal Barrett Real Estate

Listing updated: April 21, 2026

MLS#: 6984600

Data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

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