35

Triplex for Sale in Phoenix, AZ

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  • /2

    $349,000

    $10K PRICE DROP
    • 5 Beds
    • 3 Baths
    • 2,186 Sq Ft

    1709 E Encinas Ln, Phoenix, AZ 85040

    Great Phoenix triplex opportunity with R-3 zoning and value-add potential! Property includes 3 separate units: front building offers a 2 bed/1 bath unit and a 1 bed/1 bath unit, plus rear 2 bed/1 bath unit. Each unit includes kitchen, living/dining area and full bath. Separate electric meters, shared water. Some units feature granite and updates. Property to be cleaned up and delivered at COE.

    Agent Photo

    Alexandra Muniz

    eXp Realty

    1709 E Encinas Ln, Phoenix, AZ 85040
  • /52

    $700,000

    $229K PRICE DROP

    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 income or

    Agent Photo

    Josiah Miller

    West USA Realty

    2223 E Roosevelt St, Phoenix, AZ 85006
  • /2

    $164,900

    $64K PRICE DROP
    • Land
    • 3,484 Sq Ft
    • $2,061,250 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. 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 bigger project.

    Narsay Bello ProSmart Realty

    1218 S 13th Ave Unit 47, Phoenix, AZ 85007
  • /104

    $749,999

    $50K PRICE DROP

    1101 E Roosevelt St, Phoenix, AZ 85006

    PRICE IMPROVEMENT Motivated Seller Great investment opportunity! This fully renovated triplex features two 2-bedroom, 1-bath units and one 3-bedroom, 2-bath unit. All units were updated in 2025 with new flooring, cabinets, countertops, white appliances, bathrooms, and lighting fixtures. All three units are tenant occupied and producing income, making this a turnkey investment. One of the tenants

    Bianey Salazar Realty ONE Group

    1101 E Roosevelt St, Phoenix, AZ 85006
  • /30

    $662,500

    2616 W Pierson St, Phoenix, AZ 85017

    Exceptional investment opportunity featuring a total of seven units, including a single-family residence & eligible for residential financing. This fourplex must be sold with the adjacent triplex (MLS #7039047), creating a seven-unit investment portfolio. Located near GCU, the freeway, shopping, and other amenities, this property offers strong tenant appeal. The single-family residence features a

    Michael Weinstein West USA Realty

    2616 W Pierson St, Phoenix, AZ 85017
  • /31

    $845,000

    $5K PRICE DROP

    4514 N 14th Place, Phoenix, AZ 85014

    Exceptional investment opportunity in the heart of Central Phoenix. Ideally situated near the Biltmore Area and Downtown Phoenix, this gated triplex offers strong in-place income with zero vacancy and modernized interiors throughout. The property features two 1 bed / 1 bath units and one 2 bed / 1 bath unit, all thoughtfully updated while maintaining a touch of mid-century character. Tenants

    William Nager My Home Group Real Estate

    4514 N 14th Place, Phoenix, AZ 85014
  • /5

    $665,000

    $135K PRICE DROP

    712 W Fillmore St, Phoenix, AZ 85007

    This offering includes a single-family home and a triplex in a prime infill location directly adjacent to Downtown Phoenix. It provides stable in-place income with upside through renovation and rent growth. Recent capital improvements include new electrical meters, new gas lines, and upgraded water lines throughout portions of the property. Additional upgrades include a new roof on the

    Garrett Hemeyer Orion Investment Real Estate

    712 W Fillmore St, Phoenix, AZ 85007
  • /24

    $549,999

    $25K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,339 Sq Ft

    755 W Coolidge St, Phoenix, AZ 85013

    Don't miss this charming and versatile 3-bedroom, 2-bath home nestled in the highly sought-after Melrose District -- one of Phoenix's most vibrant and walkable neighborhoods. Built in 1946 and sitting on a generous 8,775 sq. ft. lot, this well-cared-for, stylishly appointed home features an open kitchen-to-family-room layout with white cabinets, quartz countertops, subway tile backsplash, and a

    Erin Denk RETSY

    755 W Coolidge St, Phoenix, AZ 85013
  • /109

    $599,900

    • 7 Beds
    • 3 Baths

    9027 N 11th St, Phoenix, AZ 85020

    Located minutes from Downtown Phoenix, this well-maintained triplex in Phoenix, Arizona offers a great investment opportunity with strong rental potential. Each of the three units features approximately 900 sq ft, 2 bedrooms and 1 bathroom, high ceilings, and recently remodeled interiors that create a bright, modern feel. Residents can enjoy mountain views along with the convenience of two

    Miguel Perez HomeSmart

    9027 N 11th St, Phoenix, AZ 85020
  • /19

    $589,999

    $10K PRICE DROP

    6713 N 27th Ave, Phoenix, AZ 85017

    Prime investment property in central Phoenix! Located at 6713 N 27th Ave, Phoenix AZ 85017, this triplex includes three 2-bedroom, 1-bath units (approx. 621 sq ft each) built for strong rental demand near Grand Canyon University. Constructed in 1985 and well-maintained, each unit features individual electric meters, allowing tenants to pay their own utilities and minimizing owner expenses. The

    Edward Caro RE/MAX Desert Showcase

    6713 N 27th Ave, Phoenix, AZ 85017
  • /24

    $480,000

    1702 W Shangri la Rd, Phoenix, AZ 85029

    Great triplex investment with mountain views! This value offers three separate units, each approximately 700 sq ft. Unit #1 & #2 are tenant-occupied, generating $1,110 & $1164.90 in monthly rent, and #3 is vacant and ready for immediate occupancy. Each unit features an eat-in kitchen, a living room, tile flooring throughout high-traffic areas, two bedrooms with walk-in closets, and a full

    Daniel Rosenbaum Rosenbaum Realty Group

    1702 W Shangri la Rd, Phoenix, AZ 85029
  • /10

    $619,000

    $69K PRICE DROP

    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
  • /11

    $1,100,000

    • 11,034 Sq Ft

    5 Property Leased-Fee Portfolio --, Scottsdale, AZ 85254

    This is a rare opportunity to acquire the leased-fee (lessor) interest in a five-property residential ground-lease portfolio across Scottsdale, Tempe, and Mesa -- three single-family homes, one triplex, and one fourplex, ten residential units in total. The owner holds the land and collects an in-place ground rent of approximately $31,707 per year that increases 17.5% every five years by contract.

    Aaron Gutierrez R.O.I. Properties

    5 Property Leased-Fee Portfolio --, Scottsdale, AZ 85254
  • /12

    $450,000

    • Land
    • 13,503 Sq Ft
    • $1,451,613 per Acre

    1550-1560 E Coronado Rd, Phoenix, AZ 85006

    Two adjacent parcels zoned R-5. Build multifamily or single family, duplex, triplex, fourplex, you choose. Utilities at the property line. No HOA. No Historical Preservation requirements. Great location. Topographical survey is completed and included saving you over 5 months in time. Also included in the sale are architectural plans for a duplex to be placed on each lot. Individual units are 3

    DACIA PARSONS Delex Realty

    1550-1560 E Coronado Rd, Phoenix, AZ 85006
  • /22

    $495,000

    $4K PRICE DROP
    • 5 Beds
    • 3 Baths
    • 1,994 Sq Ft

    15224 N 30th St, Phoenix, AZ 85032

    Income property with major upside in North Phoenix! This vacant triplex includes two 2-bedroom, 1-bath units (one upstairs, one downstairs) plus a separate guest house--ideal for rental income or a house-hack setup. Situated on an oversized lot with zoning that may allow up to five units, there's strong potential to expand or redevelop. The property also features a storage shed and plenty of

    Brody Knight eXp Realty

    15224 N 30th St, Phoenix, AZ 85032
  • /33

    $625,000

    $50K PRICE DROP

    10226 N 15th Ave, Phoenix, AZ 85021

    Investor special with strong upside potential! This triplex was previously a 4-plex and could be converted back. Two of the units are in need of repairs and some updating, but offers an excellent opportunity for investors, flippers, or buyers looking to add value. The property is on a corner lot with a 4 bedroom/2 bath unit which has been remodeled and updated with stainless steel appliances,

    Kim McClellan KLM Real Estate Brokerage

    10226 N 15th Ave, Phoenix, AZ 85021
  • /10

    $889,000

    • 5 Beds
    • 5 Baths

    2709 E Willetta St Unit FRNT, Phoenix, AZ 85008

    4-unit apartment community. The fronthouse was originally constructed in 1905, while the triplex was built in 1984 using block masonry. The property was extensively renovated in 2023, with approx $62,500 per door in capex per unit. Each unit is equipped with new in-suite washer and dryer. Upgrades include new roof, flooring, cabinets, countertops, ac units and hot water heaters for triplex,

    Mitchell Drake ABI Multifamily

    2709 E Willetta St Unit FRNT, Phoenix, AZ 85008
  • /24

    $375,000

    347 N 16th Ave, Phoenix, AZ 85007

    Excellent opportunity to own a cash flowing, low maintenance triplex near downtown Phoenix. Two 2-bedroom, 1 bath units and one renovated 1-bedroom, 1 bath unit. On-site laundry. Corner lot with 2 buildings. Strong rents with consistent, stable tenants. Opportunity for value-add and rent increases.

    Tyler Nick McMath Realty LLC

    347 N 16th Ave, Phoenix, AZ 85007
  • /65

    $845,000

    $90K PRICE DROP

    316 E Vogel Ave, Phoenix, AZ 85020

    This is the type of asset investors wait for -- fully occupied, extensively improved, and positioned for stable cash flow from day one. The property has undergone a comprehensive renovation across all three units, delivering a clean, updated, and low-maintenance investment. There two 3-Bedroom units and a casita. FULLY OCCU{IED -LARGE Price Reduction! Welcome to 316 E Vogel, a meticulously

    Linda Gerchick Gerchick Real Estate

    316 E Vogel Ave, Phoenix, AZ 85020
  • /3

    $297,000

    $3K PRICE DROP
    • 1,344 Sq Ft

    1711 W Latham St, Phoenix, AZ 85007

    Prime infill development opportunity located in a mixed use zone. Property is not sound construction and is valued for land only. Zoned M-H Multi-Family, High Density (up to 2,499 SF), offering strong potential for duplex or triplex development in a rapidly redeveloping area. Ideal for experienced builders and investors seeking density and upside. Sold strictly as-is, no repairs or warranties.

    Brisia Guzman eXp Realty

    1711 W Latham St, Phoenix, AZ 85007
  • /19

    $2,000,000

    New Construction $300K PRICE DROP

    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 The Brokery

    1318 E Jefferson St, Phoenix, AZ 85034
  • /16

    $499,999

    $49K PRICE DROP

    1638 W Desert Cove Ave, Phoenix, AZ 85029

    This recently renovated triplex located in Phoenix features 3 units, each 2 bed/1 bath, that were completely remodeled in 2021. it included new cabinets new countertops, new appliances, new vinyl plank floor everywhere but the bedrooms, which features new carpet. new interior paint, new tiled showers, and most of the plumbing fixtures and lighting fixtures are new. The exterior of the building

    David Swaim Service Star Realty

    1638 W Desert Cove Ave, Phoenix, AZ 85029
  • /4

    $200,000

    • Land
    • 5,662 Sq Ft
    • $1,538,462 per Acre

    2301 E Taylor St, Phoenix, AZ 85006

    Great opportunity for land ready for multi-family development. Land ready for construction of duplex, triplex or 4-plex! Situated just minutes from major freeway access, ideal for investors or builders seeking high-demand area. Buyers to verify all facts and figures.

    Laurel Driggs eXp Realty

    2301 E Taylor St, Phoenix, AZ 85006
  • /19

    $700,000

    $50K PRICE DROP

    4701 N 23rd Dr, Phoenix, AZ 85015

    Excellent investment property in the heart of Central Phoenix! Located at 4701 N 23rd Dr, Phoenix AZ 85015, this well-maintained triplex features three 2-bedroom, 2-bath units (approx. 996 sq ft each), each individually metered so tenants pay their own utilities. Built in 1985, the property is turnkey and fully occupied with reliable long-term tenants, offering steady cash flow and low owner

    Edward Caro RE/MAX Desert Showcase

    4701 N 23rd Dr, Phoenix, AZ 85015
  • /2

    $215,000

    • Land
    • 4,791 Sq Ft
    • $1,954,545 per Acre

    1006 S Montezuma Ave Unit 21, Phoenix, AZ 85003

    Shovel Ready! Act fast on this development opportunity in a great, gentrifying pocket of downtown Phoenix. Walking distance to the light rail station and all of downtown's attractions, there's no secret why this is pocket is loved by investors. This sale includes plans for to build a triplex - all with 2 bed/1 bath units and in-unit laundry to maximize the market rent and value of the finished

    Tyler Bruggman ABI Multifamily

    1006 S Montezuma Ave Unit 21, Phoenix, AZ 85003
  • /38

    $649,000

    $26K PRICE DROP
    • 5 Beds
    • 4 Baths

    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 vintage. Each

    Belinda Butler Li My Home Group Real Estate

    2612 W Pierson St, Phoenix, AZ 85017
  • /3

    $449,000

    $49K PRICE INCREASE

    718 W Fillmore St, Phoenix, AZ 85007

    This offering includes two fully renovated multifamily units in a prime infill location directly adjacent to Downtown Phoenix. The property has been extensively upgraded with a new AC system, dual pane windows, new kitchen and bathroom finishes, new LVP flooring in the back unit, and sealed concrete floors in the front unit. The adjacent property at 712 W Fillmore is available as well. That

    Garrett Hemeyer Orion Investment Real Estate

    718 W Fillmore St, Phoenix, AZ 85007
  • /63

    $579,900

    $70K PRICE DROP

    4832 E Willetta St, Phoenix, AZ 85008

    Discover a fully updated triplex in a prime Phoenix location—an exceptional investment opportunity you won't want to miss. This well-maintained building features two renovated 1-bed/1-bath units and one spacious and updated 2-bed/1-bath unit, offering strong rental versatility and appeal. Each unit has been thoughtfully refreshed with modern finishes, creating comfortable, move-in-ready living

    Erica Jade eXp Realty

    4832 E Willetta St, Phoenix, AZ 85008
  • /55

    $895,000

    $30K PRICE DROP

    2126 N 25th Place, Phoenix, AZ 85008

    Fully Reimagined Triplex with New 2025 Roof! The Pricoli on 25th offers a premium unit mix (1x1, 2x2, 3x2) and a total 2023/2024 rebuild. This ''no expense spared'' property features all-new roofing, windows, and a new sewer line. Interiors are finished with quartz countertops, stainless steel appliances, and private stackable laundry. Each unit includes its own private, well-designed backyard.

    Keith Schreiber Jason Mitchell Real Estate

    2126 N 25th Place, Phoenix, AZ 85008
  • /14

    $585,000

    1022 S Montezuma Ave, Phoenix, AZ 85003

    This remodeled duplex is fully rented with a 2 bedroom 1 bath and 1 bedroom 1 bath unit. There is a 3rd building that could be renovated for a triplex. This property was recently combined into one lot with 9,780 square feet. Perfect for additional structures and rental income options. DO NOT DISTURB TENANTS - PLEASE

    Mike Snitz Realty ONE Group

    1022 S Montezuma Ave, Phoenix, AZ 85003
  • /10

    $815,000

    $35K PRICE DROP

    1950 E Yale St, Phoenix, AZ 85006

    Excellent investment opportunity in the heart of Phoenix! This centrally located triplex offers strong rental appeal and immediate income potential, as all units are currently fully leased. The property features two units with 2 bedrooms and 1 bathroom, plus a spacious third unit offering 3 bedrooms and 2 bathrooms — ideal for attracting a variety of tenants. Each unit has been thoughtfully

    Ashley Sanchez Ochoa Barrett Real Estate

    1950 E Yale St, Phoenix, AZ 85006
  • /30

    $662,500

    2620 W Pierson St, Phoenix, AZ 85017

    Exceptional investment opportunity featuring a total of seven units, including a single-family residence & eligible for residential financing. This triplex must be sold with the adjacent fourplex (MLS # 7039046), creating a seven-unit investment portfolio. Located near GCU, the freeway, shopping, and other amenities, this property offers strong tenant appeal. The single-family residence features

    Michael Weinstein West USA Realty

    2620 W Pierson St, Phoenix, AZ 85017
  • /33

    $985,000

    $15K PRICE DROP
    • 8 Beds
    • 5 Baths

    2221 N 27th St, Phoenix, AZ 85008

    Welcome to a truly exceptional and rare real estate opportunity! Single story 4 bed/3 bath mainhome with 2 additional detached rental units on property. Don't miss your chance to acquire this fully remodeled, permitted triplex-a property that defines 'turnkey' and offers income-generating potential. Whether you're the Savvy Investor looking for a remodeled, clean income-generating property or a

    Jaysen Morse Compass

    2221 N 27th St, Phoenix, AZ 85008
  • /57

    $559,900

    $90K PRICE DROP

    4838 E Willetta St, Phoenix, AZ 85008

    Discover a fully updated triplex in a prime Phoenix location—an exceptional investment opportunity you won't want to miss. This well-maintained building features two renovated 1-bed/1-bath units and one spacious and updated 2-bed/1-bath unit, offering strong rental versatility and appeal. Each unit has been thoughtfully refreshed with modern finishes, creating comfortable, move-in-ready living

    Erica Jade eXp Realty

    4838 E Willetta St, Phoenix, AZ 85008
  • /27

    $725,000

    2336 N 11th St, Phoenix, AZ 85006

    Beautifully updated 3-unit triplex in the desirable Encanto neighborhood! This income-producing property at 2336 N 11th St offers excellent curb appeal with distinctive white block construction and mature palm trees.All units feature recent renovations including luxury vinyl plank flooring, white shaker cabinets, granite countertops, stainless steel appliances, ceiling fans, and updated

    Zack Mishkin Orion Investment Real Estate

    2336 N 11th St, Phoenix, AZ 85006

Home Price Trends

Median Sale Price
$465,000
Median Single Family Sale Price
$500,000
Median Townhouse Sale Price
$418,990
Median 2 Bedroom Sale Price
$315,000
Median 1 Bedroom Sale Price
$210,000
Average Price Per Sq Ft
$302
Number of Homes for Sale
3,875
Last 12 months Home Sales
13,535
Months of Supply
3.40
Median List Price
$480,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
2%
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