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Triplex for Sale in Phoenix, AZ

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  • /50

    $1,200,000

    2223 E Roosevelt St, Phoenix, AZ 85006

    Welcome to Three at Bumbalow - A Rare Triplex Investment in the Heart of Central Phoenix!Three at Bumbalow presents a unique opportunity to own a recently upgraded triplex in one of Phoenix's most sought-after and rapidly developing neighborhoods.Ideally located near downtown, major freeways, and light rail access, this property is perfect for investors seeking strong rental

    Agent Photo

    Josiah Miller

    West USA Realty

    (855) 770-6608

    2223 E Roosevelt St, Phoenix, AZ 85006
  • /41

    $1,300,000

    2338 N 52nd St, Phoenix, AZ 85008

    Incredible investment opportunity. Triplex was updated aound 2017 with fresh paint, kitchen cabinets, stoves, dishwashers, granite counter tops, dual pane windows, ceiling fans, & fiberglass front & rear doors, new carpet & tile. Magnificent views of Camelback Mountain from primary bedroom balconies. Each unit is approx 1100 sq ft with 2 bedrooms, 1.5 baths & are equipped with washer & dryer as

    Todd R. Williams Caballero Property Management, Inc.

    2338 N 52nd St, Phoenix, AZ 85008
  • /5

    $899,990

    301 E Southern Ave, Phoenix, AZ 85040

    THIS INCOME-PRODUCING PROPERTY FEATURES A TOTAL OF 7 RESIDENTIAL UNITS, FOURPLEX HAS 3 UNITS 1 BEDROOM 1 BATH AND ONE STUDIO. TRIPLEX(FRONT BUILDING) HAS 2 UNITS WITH 2 BEDROOMS 1 BATH AND ONE 1 BEDROOM 1 BATH.THE PROPERTY OFFERS PAVED PARKING FOR RESIDENTS AND A GAZEBO AS A COMMON AREA FOR RELAXATION AND COMMUNITY GATHERING. CENTRALLY LOCATED, IT PROVIDES EASY ACCESS TO SHOPPING, BUS

    Alejandra Mena HomeSmart

    301 E Southern Ave, Phoenix, AZ 85040
  • /65

    $975,000

    316 E Vogel Ave, Phoenix, AZ 85020

    Fully upgraded triplex in Central Phoenix! Two 3BR units + studio, new appliances, paint, flooring & landscaping. BBQ area & rentable storage add income. Turnkey with $24K in recent updates! Welcome to 316 E Vogel, a meticulously maintained triplex offering an incredible investment opportunity with its blend of modern amenities and classic charm. This unique property consists of two spacious

    Linda Gerchick Gerchick Real Estate

    316 E Vogel Ave, Phoenix, AZ 85020
  • /19

    $2,300,000

    1318 E Jefferson St, Phoenix, AZ 85034

    Opportunity to own a brand-new triplex in an incredible location right downtown. This rare 3-unit modern building features open main living floor plans, each unit with nearly 1800 sqft has its own three bedrooms, and two bathrooms. Each unit also has a private balcony from the third floor, spacious primary suites with dual vanities, walk-in showers, and washer and dryers. This is a project thats

    Dylan Phillips LPT Realty, LLC

    1318 E Jefferson St, Phoenix, AZ 85034
  • /30

    $300,000

    • 1 Bed
    • 1 Bath
    • 721 Sq Ft

    2034 N 10th St, Phoenix, AZ 85006

    Rare Coronado investor opportunity. Zoned multi-family. Renovate the small home positioned at back of the lot, and build another, or scrape and build a brand new duplex and/or possible triplex.

    Matt Borkowski HomeSmart

    2034 N 10th St, Phoenix, AZ 85006
  • /26

    $850,000

    2336 N 11th St, Phoenix, AZ 85006

    -Historic Triplex in Prime Encanto Submarket-Nestled just south of the iconic Phoenix Country Club and minutes from major medical centers, this beautifully restored 1929 triplex in the coveted Coronado Historic District blends vintage charm with modern upgrades. With approximately $200,000 in renovations this two home + loft rental triplex provide a unique living experience for tenants

    Zack Mishkin Orion Investment Real Estate

    2336 N 11th St, Phoenix, AZ 85006
  • /38

    $675,000

    2612 W Pierson St, Phoenix, AZ 85017

    Fully renovated triplex investment opportunity in Phoenix's 85017 Canyon Corridor. The property underwent a comprehensive refresh just over a year ago and has been meticulously maintained since. Major capital improvements include a new roof (July 2024), all new sewer lines from under-slab to city connection, and updated electrical wiring—rare peace of mind for multifamily in this

    Belinda Butler Li My Home Group Real Estate

    2612 W Pierson St, Phoenix, AZ 85017
  • /58

    $640,000

    1923 E Yale St, Phoenix, AZ 85006

    Great cash flow property. This triplex consists of a stand alone 3 bed 1 bath house in the front and a duplex in the back ( 2 x 1 bed 1 bath units). Lots of upgrades by Owner. If you want a hassle free, turnkey, positive cash flow property this is the one for you. Newer A/C units, flooring, landscape, paint plus more. Close to downtown with easy access to freeways make this property perfect.

    David Furnia Coldwell Banker Realty

    1923 E Yale St, Phoenix, AZ 85006
  • /19

    $650,000

    2024 N 26th Place, Phoenix, AZ 85008

    Prime Investor Opportunity in Central Phoenix - This R-3 zoned triplex sits on a ~0.34-acre lot with 1,683 sq. ft. of rentable space and expansion potential. Strong fundamentals include brand-new AC units, updated utilities, a solid structure, and desirable parking. The oversized lot and zoning create options for additional units or redevelopment, while current operations provide steady income. A

    Angela Vega My Home Group Real Estate

    2024 N 26th Place, Phoenix, AZ 85008
  • /55

    $905,000

    • 7 Beds
    • 6 Baths
    • 3,534 Sq Ft

    2646 E Willetta St, Phoenix, AZ 85008

    Introducing a truly unique investment opportunity in Phoenix. This multi-family triplex features a beautifully remodeled single-family home, paired with a well-maintained duplex. The duplex offers two spacious 2-bedroom, 2-bath units, rounding out a versatile and income-generating three-unit property. Thisproperty is zoned with the potential to add two additional units. You're looking to

    David Cooney Home Team Luxury Realty AZ

    2646 E Willetta St, Phoenix, AZ 85008
  • /2

    $229,000

    • Land
    • 0.08 Acre
    • $2,862,500 per Acre

    1218 S 13th Ave Unit 47, Phoenix, AZ 85007

    This is a fantastic opportunity to build a new duplex or triplex in downtown. Owner has officially combined these three lots and they're ready to be built. New APN for a single lot is pending. This is a fantastic opportunity to build in the expanding downtown Phoenix area, less than a mile from Chase field. Owner started the plans for three 1800sqft townhomes with garages, but has moved on to a

    Narsay Bello ProSmart Realty

    1218 S 13th Ave Unit 47, Phoenix, AZ 85007
  • /6

    $250,000

    • Land
    • 0.16 Acre
    • $1,562,500 per Acre

    742 S 1st St, Phoenix, AZ 85004

    Developer's Dream in Downtown Phoenix! Just a 1⁄2 mile stroll to the Suns Basketball Arena, this prime location places you in the heart of Phoenix's vibrant urban core. Enjoy easy access to the city's energetic nightlife, renowned culinary experiences, and hip local bars—including the iconic The Duce, just a 5-minute walk away---with light RAIL 0.2M. Property is nestled near Phoenix's Central

    Jeff Choulet HomeSmart

    742 S 1st St, Phoenix, AZ 85004
  • /2

    $214,900

    • Land
    • 0.23 Acre
    • $934,348 per Acre

    18023 N 21st St Unit 167, Phoenix, AZ 85022

    MUST SELL! MOTIVATED SELLER! Fantastic Opportunity - No HOA - Utilities On-Site! Discover the potential of this fully fenced lot with utilities already on the property. This listing is for land only, offering a great opportunity for your manufactured/mobile home setup. The property includes an existing trailer, large workshop, and multiple storage sheds, all of which convey as-is and hold no

    Natalia Yalin eXp Realty

    18023 N 21st St Unit 167, Phoenix, AZ 85022
  • /24

    $855,000

    4607 N 12th Ave, Phoenix, AZ 85013

    4607 N 12th Avenue, a triplex situated in the Melrose District. The property features 100% 2-Bed / 1-Bath units with spacious layouts. The property is of block construction and was extensively renovated in 2024. The recently completed upgrades consist of; stainless steel appliance package, flooring, cabinets, flooring, countertops, bathrooms and more. All units feature private patios, in-suite

    Carson Griesemer ABI Multifamily

    4607 N 12th Ave, Phoenix, AZ 85013
  • /42

    $900,000

    • 6 Beds
    • 3 Baths
    • 2,396 Sq Ft

    1611 W Osborn Rd, Phoenix, AZ 85015

    ''This triplex isn't just a rental — it's a tax-efficient wealth building tool. With the right structure, an investor could write off over $150,000 in the first year through cost segregation while still generating positive cash flow. For high-income earners, that's like operating with a built-in tax shield.''Centrally located, mid-century 3 unit multi-family property in a convenient positioned

    Jeff & Lisa Armbruster Russ Lyon Sotheby's International Realty

    1611 W Osborn Rd, Phoenix, AZ 85015
  • /34

    $900,000

    • 6 Beds
    • 3 Baths
    • 2,396 Sq Ft

    1605 W Osborn Rd, Phoenix, AZ 85015

    ''This triplex isn't just a rental — it's a tax-efficient wealth building tool. With the right structure, an investor could write off over $150,000 in the first year through cost segregation while still generating positive cash flow. For high-income earners, that's like operating with a built-in tax shield.''Centrally located, mid-century 3 unit multi-family property in a convenient positioned

    Jeff & Lisa Armbruster Russ Lyon Sotheby's International Realty

    1605 W Osborn Rd, Phoenix, AZ 85015
  • /10

    $975,000

    2709 E Willetta St, Phoenix, AZ 85008

    The Barrs in Willetta is a 4-unit garden-style property, the front-house was originally built in 1905 and the triplex was built in 1984 with block masonry. The property has been extensively remodeled inside and out in 2024. The community features a desirable mix of (1) two-bedroom, two-bath single-family home and (3) one-bedroom, one-bath units, all thoughtfully updated with modern finishes. Each

    Mitchell Drake ABI Multifamily

    2709 E Willetta St, Phoenix, AZ 85008
  • /34

    $1,100,000

    715 W Cinnabar Ave, Phoenix, AZ 85021

    Unlock the potential of this well-maintained 6-unit apartment building ideally located at 715 W Cinnabar Ave, Phoenix, AZ 85021. Priced at $1,100,000, this high-performing asset is a rare find in a sought-after North Central neighborhood—offering excellent income, long-term upside, and the unique option to purchase the triplex next door for added scale and flexibility.Several units have

    Linda Gerchick Gerchick Real Estate

    715 W Cinnabar Ave, Phoenix, AZ 85021
  • /25

    $500,000

    721 W Cinnabar Ave, Phoenix, AZ 85021

    Discover investment potential at 721 W Cinnabar, a promising triplex nestled in a vibrant neighborhood. This property boasts a laundry room and newer roofs, ensuring low maintenance costs for discerning investors. Adjacent is a six-unit property also available for sale, offering expanded portfolio opportunities.Strong possibility to build more units.Currently occupied by Government

    Linda Gerchick Gerchick Real Estate

    721 W Cinnabar Ave, Phoenix, AZ 85021
  • /2

    $629,000

    1449 E Fillmore St, Phoenix, AZ 85006

    Great investment opportunity or Live in separate house and rent the triplex. Free standing 2 bedroom 1 bath home with a triplex behind home. Each apartment is 1 bedroom and 1 bath.

    Michelle Senden American Realty Brokers

    1449 E Fillmore St, Phoenix, AZ 85006
  • /19

    $599,900

    6713 N 27th Ave, Phoenix, AZ 85017

    Excellent investment opportunity! This centrally located triplex features three 2-bedroom, 1-bath units, each approximately 621 sq ft. Units are efficiently designed and offer solid rental potential in a high-demand area. Located near Grand Canyon University, major freeways, shopping, and dining. With strong rental demand and low vacancy in the area, this property is ideal for investors looking

    Edward Caro RE/MAX Desert Showcase

    6713 N 27th Ave, Phoenix, AZ 85017
  • /19

    $719,900

    4701 N 23rd Dr, Phoenix, AZ 85015

    Fantastic investment opportunity in North Phoenix! This well-maintained triplex at 4701 N 23rd Dr features three spacious 2-bedroom, 2-bath units, each approximately 996 sq ft with separate metering—tenants pay their own utilities, minimizing owner expenses. Long-term tenants in place with below-market rents provide strong upside potential. Located just minutes from I-17 for easy access to

    Edward Caro RE/MAX Desert Showcase

    4701 N 23rd Dr, Phoenix, AZ 85015

Home Trends in Phoenix, AZ

Housing Trends

Median Sale Price
$455,000
Median Single Family Sale Price
$500,000
Median Townhouse Sale Price
$410,000
Median 2 Bedroom Sale Price
$310,000
Median 1 Bedroom Sale Price
$225,000
Average Price Per Sq Ft
$307
Number of Homes for Sale
4,136
Last 12 months Home Sales
12,827
Months of Supply
3.90
Median List Price
$479,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
1%
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