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● For sale

$675,000

2242 E TAYLOR Street, Phoenix, AZ 85006

AVIATION HOMESITES · Maricopa County

Built 1944 No HOA

103 days on market

Description

A five-unit multifamily investment opportunity in the heart of Phoenix, Arizona. Originally constructed in 1944, the asset features a mix of 1, 2, and 3 bedroom floor plans. Each of the units have been updated within the last few years; however, future ownership will have the opportunity to capture additional upside through continued interior and exterior renovations. The asset is situated with convenient access to Downtown Phoenix, Sky Harbor International Airport, and major transportation corridors including Loop 202 and I-10. The current cap rate is 7.15% and the seller would be open to carrying with 40% down. An offering memorandum including additional photos is available upon request.

Property details

Interior

Bathrooms

Total Bathrooms: 0

Interior Features

Flooring: Ceramic Tile

Appliances

Built-In Range
Refrigerator
Disposal

Heating and Cooling

Cooling Features: Central Air, 2 or More Units
Heating Features: Electric

Exterior

Exterior and Lot Features

Sidewalk(s)

Land Info

Lot Size Dimensions: 56.18 X 166.39 X 57.45

Garage and Parking

Attached Garage: No
Parking Features: Open, Paved, <1 Space Per Unit

Community

Neighborhood

Subdivision: AVIATION HOMESITES

Listing

Other Property Info

Annual Tax Amount: $1,093
Source Listing Status: Active
County: Maricopa
Parcel Number: 116-01-043
Zoning: R-4
Postal City: Phoenix
Listing Date: 2/18/2026
MLS#: 6986273

Features

Building and Construction

Year Built: 1944
Property Age: 82
Construction Materials: Wood Frame, Painted, Stucco
Roof: Composition

Utilities

Water Source: City Franchise

Contact Us

Ask a question or schedule a showing

Listed by Bradley Skenderian Matthews Real Estate Investment Services

Listing updated: May 5, 2026

MLS#: 6986273

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.