Governmental Mall Multifamily Homes & Duplexes for Sale

/32
$635,000
1322 W Monroe St, Phoenix, AZ 85007

''Charming Historic Woodland District'' Step into timeless character and modern ease at this beautifully restored 1908 Carriage‑House/Duplex. Two Bedrooms 2 1/2 Bath Downstairs Unit with Large North Facing Deck. 1 Bed 1 Bath Upstairs. Owners or Tenants will enjoy historic details like Original hardwood floors, colorful tile, ,updated kitchen and Charming Baths/Tubs, Detached Garage That

Eric Hegarty Better Homes & Gardens Real Estate SJ Fowler

1322 W Monroe St, Phoenix, AZ 85007
/18
$800,000
311 N Laurel Ave, Phoenix, AZ 85007

Fully leased, five-unit apartment building in historical district of downtown.This property has been well maintained with recent updates to electrical system, roof, windows, plumbing and AC units.Total monthly rental income: $6500. Great opportunity for investors.

Andrea Metzgar Libertas Real Estate

311 N Laurel Ave, Phoenix, AZ 85007
/33
$1,399,000
1527 W Fillmore St, Phoenix, AZ 85007

(Owner willing to carry at 5% for 5 years with 20% down!) These charming 7 units in the heart of Downtown Phoenix will be a great cash-cow to add to your portfolio. With an attractive mix of studios, 1-bedroom, and 2-bedroom units, you will appeal to all tenant types. Some units feature 10+ foot ceilings and historic, grand fireplaces, and all have renovated interiors and a wonderful, inviting

Tyler Bruggman ABI Multifamily

1527 W Fillmore St, Phoenix, AZ 85007

Arizona Phoenix Governmental Mall

Why Live in Governmental Mall

Governmental Mall is a Phoenix neighborhood that lives up to its name. This is a hub of Arizona power — it’s home to the State Capitol Complex, including the Senate, House of Representatives, the Office of the Arizona Governor and several other state offices. It’s also an area where buyers can find a home for a relatively accessible price and within walking distance of the myriad jobs here. “The neighborhood typically has larger lots,” says Mike Snitz of eXp Realty, who has roughly a dozen years of experience selling real estate and a background in real estate investment. “It’s a hodgepodge of a little bit of commercial and residential all within the area.” Van Buren Street is a stretch with multiple restaurants that Snitz says cater to the business community. Irma’s Kitchen has popular breakfast burritos, and Soy Hibachi offers hibachi platters with options from chicken to lobster. Van Buren also has a Dollar General, and there's a Fry’s grocery store about a mile away in downtown Phoenix.The overall CAP Index Crime Score in Governmental Mall is 9 out of 10, significantly higher than the national average of 4. The crime scores for robbery and motor vehicle theft are 10 out of 10.

Learn more about living in Governmental Mall

Home Trends in Governmental Mall, AZ

On average, homes in Governmental Mall, Phoenix sell after 17 days on the market compared to the national average of 70 days. The median sale price for homes in Governmental Mall, Phoenix over the last 12 months is $625,000, up 19% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$625,000

Median Single Family Sale Price

$625,000

Median Townhouse Sale Price

$420,000

Median 2 Bedroom Sale Price

$195,000

Average Price Per Sq Ft

$328

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

0.00

Median List Price

$629,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

19%

How to Buy a Home How to Finance a Home How to Sell a Home

In Governmental Mall, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $635,000 to $1,399,000, there's something for every budget. As of July, 2025 the median home price in Governmental Mall, Phoenix is $629,000, while the average sale price is $557,790, providing insight into local market trends. On average, multi-family homes spend 17 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in Governmental Mall, Phoenix.

Governmental Mall Types of Homes for Sale

More About Living in Governmental Mall

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