2242 E TAYLOR Street, Phoenix AZ 85006
$639,000
Brokerage: Ivy Realty(623) 299-4954
1 / 15Home facts
- Price
- $639,000
- Status
- Active
- Beds
- 11
- Baths
- 5
- Year built
- 1944
- Type
- F
- Pool
- No
- Water
- City Franchise
- Sewer
- Sewer - Public
- Subdivision
- AVIATION HOMESITES
- MLS #
- 7075484
Listed by Matthews Real Estate Investment Services · 310-388-0788
Courtesy of ARMLS · Presented by Ivy Realty, (623) 299-4954
About this home
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.
Features
Roof
Composition
Sewer
Sewer - Public
Cooling
Central Air, 2 or More Units
Heating
Electric
Electric
APS, Individual Meter
Flooring
Ceramic Tile, Vinyl
WaterSource
City Franchise
ParkingFeatures
Paved, Free, <1 Space Per Unit
ExteriorFeatures
Sidewalk(s)
CommunityFeatures
No Pool
ConstructionMaterials
Wood Frame, Painted, Stucco
Map
Nearby sales
Closed within about ¾ mile in the last 6 months (ARMLS).
| Address | Sold | Price | Beds/Baths | Sq ft | Listing brokerage |
|---|---|---|---|---|---|
| 1114 N 18TH Street | Aug 26, 2026 | $435,000 | 5/3 | 2,157 | HomeSmart |
| 1110 N 18TH Street | Aug 12, 2026 | $240,000 | 2/1 | 868 | Showtime Realty Professionals, LLC |
| 2243 E WILLETTA Street | Aug 11, 2026 | $510,000 | 4/3 | 2,235 | A.Z. & Associates |
| 1010 N 18TH Street | Jul 14, 2026 | $250,000 | 2/2 | 1,264 | Gentry Real Estate |
| 1113 N 25TH Place | Jun 29, 2026 | $400,000 | 3/1 | 1,059 | Solis Realty |
| 2821 E ADAMS Street | Jun 29, 2026 | $140,000 | 4/2 | 994 | Position Realty |
Source: ARMLS IDX via Ivy Realty, updated Oct 2, 4:33 PM (Arizona time).
Listing information courtesy of the Arizona Regional Multiple Listing Service (ARMLS). Information deemed reliable but not guaranteed. Copyright ARMLS.
Use of this search or AI does not create an agency relationship. Agency begins only with a written agreement with Ivy Realty.
Ivy Realty · 20325 N 51st Ave, Bldg 5, Ste 134, Glendale, AZ 85308 · (623) 299-4954 · Designated Broker Ivy Clay, License #LC722089000
Equal Housing Opportunity
Licensees: see Ivy Realty plans (100% plan $25/mo + $395 per closed transaction, or 80/20 with $0 monthly and $0 per transaction).