2142 E Taylor St - Multi-Family FOR SALE


Phoenix, AZ 85006- East Side
$475,000 USD
561-269-9525
2142 E Taylor St, Phoenix, AZ for Sale
$475,000 USD
Multi-Family - FOR SALE
1/51
null | 6.02% Cap Rate

2142 E Taylor St
Phoenix, AZ 85006
East Side


OVERVIEW

Three at Taylor Located in the heart of the rapidly revitalizing Phoenix, this well-positioned triplex offers an exceptional opportunity for both investors and owner-occupants seeking strong rental demand and long-term appreciation. Situated in the desirable Garfield Historic District area, the property benefits from its proximity to downtown employment hubs, dining, arts, and entertainment. The property features one 2 bedroom and two 1 bedroom units , providing diversified income potential in one of Phoenix's most active rental corridors. Tenants enjoy convenient access to Arizona State University's downtown campus, major medical centers including Banner - University Medical Center Phoenix, and cultural attractions such as the Phoenix Art Museum. Commuting is seamless with nearby acces to the Valley Metro Light Rail, connecting residents throughout the metro area. Currently rented below markets at $925, $950 & $795 Market rents are $1,050 to $1,250 Each unit offers functional layouts with comfortable living spaces, remodeled making the property attractive for long-term tenants or potential short-term rental strategies where permitted. The central location places residents minutes from downtown Phoenix restaurants, nightlife, and employment centers while maintaining the neighborhood charm of one of the city's most established districts. Whether you're expanding a rental portfolio or seeking a property with strong income potential in a high-growth urban market, this triplex presents a compelling opportunity in one of Phoenix's most desirable investment corridors. All facts and figures are approximate buyer verify MLS information

FOR SALE DETAILS

PRICE

$475,000 USD

PRICE/SF

$421 USD /SF

# OF UNITS

3

PRICE/UNIT

$158,333

CAP RATE

6.02%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Three at Taylor

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,320 SF

ZONING

-

APN/PARCEL ID

116-01-016

ASK ABOUT THIS PROPERTY

Sophia WilletsOne Sotherby'sMore Info
561-269-9525

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Sophia WilletsOne Sotherby'sMore Info
561-269-9525

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.