1438 E Adams St Phoenix, AZ 85034
Garfield NeighborhoodEstimated payment $5,610/month
Highlights
- Parking available for a boat
- Outdoor Storage
- Partially Fenced Property
- Phoenix Coding Academy Rated A
- Forced Air Heating and Cooling System
- Desert Landscape
About This Home
Excellent four-unit multifamily investment property in the Phoenix metro area, minutes from Downtown Phoenix and the Sports Center. Updated in 2022, this well-maintained complex offers strong cash-flow potential with estimated annual income of approximately $50,000. Features include four spacious units with separate bedrooms (no studios), tile flooring throughout, in-unit laundry, and all appliances included, including refrigerators, washers, and dryers. Each unit has dedicated storage and assigned parking. Additional highlights include security doors and windows, privacy fencing, no HOA, Phoenix city tax municipality, and eligibility for subsidized housing programs. A low-maintenance, turnkey investment opportunity in a desirable location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,294
Year Built
- Built in 1983
Lot Details
- Partially Fenced Property
- Desert Landscape
Home Design
- Wood Frame Construction
- Composition Roof
- Wood Siding
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Parking Available
- Paved Parking
- On-Street Parking
- Off-Street Parking
- Parking available for a boat
- RV Access or Parking
Schools
- Garfield Elementary And Middle School
- North High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Not Available
- Master Water Meter
- Cable TV Available
Additional Features
- Blinds
- Outdoor Storage
Listing and Financial Details
- The owner pays for water, sewer, trash collection, landscaping
- Tax Lot 22
- Assessor Parcel Number 116-46-068
Community Details
Overview
- 4 Units
- Building Dimensions are 0.161 acres / 7,000 sqft
- Collins Addition Phoenix Blocks 31 34 39 40 Subdivision
Building Details
- Operating Expense $1,294
- Gross Income $49,200
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/09/2026 07/09/26 | Price Changed | $995 | 0.0% | -- |
| 06/19/2026 06/19/26 | For Sale | $999,000 | 0.0% | -- |
| 04/25/2026 04/25/26 | Price Changed | $1,025 | -1.9% | -- |
| 04/23/2026 04/23/26 | For Rent | $1,045 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7044182
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
- 1529 E Adams St
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- 1825 E Adams St
- 1438 E Adams St Unit 2
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- 345 N 15th St
- 1457 E Taylor St Unit 4
- 322 N 13th St
- 1429 E Fillmore St
- 1421 E Fillmore St Unit 4
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- 125 N 18th St
- 328 N 11th Place Unit D
- 1155 E Fillmore St Unit A
- 1242 E Pierce St Unit 1
Ask me questions while you tour the home.