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2608 W PIERSON Street Phoenix, AZ $ 799,000
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$ 799,000 Get more info
2608 W PIERSON Street
$ 799,000
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Share Save

2608 W PIERSON Street

Phoenix, AZ, 85017
$ 799,000
Baths0.0

Monthly Estimate*

$ 4,985

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $799,000. This home was built in 1961.

2608 W Pierson St is a renovated 4-unit multifamily community located in Phoenix, AZ. Originally built in 1961, the property sits just minutes from Grand Canyon University and consists of (4) remodeled 1-bedroom units. Previous renovations completed in 2023 include new landscaping and fencing, exterior paint, windows, stainless steel appliances, vinyl flooring, and white shaker cabinetry. Future ownership will have the opportunity to acquire a well-performing asset requiring minimal ongoing maintenance costs. Situated within close proximity to Grand Canyon University, one of Phoenix's largest private universities with over 100,000 students (online + on-campus), 2608 W Pierson benefits from strong rental demand driven by students, faculty, and young professionals.

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Multi-Family Active

Price

$ 799,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,368

Style

Multiple Dwellings

Year Built

1961

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6886804
Features
General
Sewer Public Sewer
Heating Electric
Cooling Central Air Heat Pump
Roof Composition
Zoning R-3
Construction Materials Painted Block
Year Built 1961
Electric SRP
Township 2N
Tax Year 2024
Ownership Fee Simple Fee Simple
Gross Income 73008.0
Community Features No Pool
County Maricopa
Net Operating Income 51422.0
Operating Expense 8126.0
Insurance Expense 3000.0
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name ALTRO TERRACE
Garage Y/N N
Status Active
City Phoenix
Disclosures None
High School District Phoenix Union High School District
Open Parking Spaces 4.0
Number Of Units Total 4
Lot Size Square Feet 0.0
Carport Y/N N
Tax Annual Amount 1368.0
Electric Expense 868.0
Fuel Expense 368.0
Water Sewer Expense 2522.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Elementary School District Alhambra Elementary District
Tax Lot 17
Cap Rate 5.98
New Financing: Conventional True
Senior Community N
New Financing: FHA True
New Financing: Cash True
New Financing: VA True
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Interior
Flooring Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features <1 Space Per Unit On Street
Water Source City Franchise
Total Parking 8.0
Lot Size Area 0.0
Number of Buildings 1
Spa N
Lot Dimensions 62.45 X 131.27
Lot Size Acres 0.0
Covered Spaces 4.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 2608
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* Excluded Features
List By
Matthews Real Estate Investment Services

Broker

brad.skenderian@matthews.com

Email

Affordability Calculator

$5,099
Per Month
98%
2%
0%
Monthly Principal & Interest
$4,985
Monthly Property Taxes
$114
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4327165 Elementary School
4327058 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
11/21/2025 $799,000 -3.73% Price Down
10/8/2025 $830,000 -3.49% Price Down
6/30/2025 $860,000 Listed Price

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2608 W PIERSON Street, Phoenix, AZ, 85017 is a Multi-Family Home for sale at $799,000. 2608 W PIERSON Street is a studio with 0.0 baths and was built in 1961. The property's zip code is 85017 which is in Phoenix, AZ

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