1747 E VIRGINIA Avenue Phoenix, AZ ^$ 950,000

1747 E VIRGINIA Avenue

^$ 950,000

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1747 E VIRGINIA Avenue

Phoenix, AZ, 85006

^$ 950,000

Studio Baths0.0

Monthly Estimate*

^$ 5,849

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $950,000. This home was built in 1971.

Matthews™ is pleased to present 1747 E Virginia Ave, a 4-unit multifamily opportunity located in Phoenix, AZ. Built in 1971, the property features 100% 2-bedroom, 1 bath units, all of which have been renovated with granite counter tops, white shaker cabinetry, stainless steel appliances, in-unit washer/dryer, and more. The community also features a private BBQ area and covered parking. Additionally, the property is within walking distance to Phoenix Children's Hospital and nearby other points of interest such as Downtown Phoenix and the Biltmore Fashion Park. With its close proximity to the hospital, there is potential to convert the units to mid-term rentals upon lease expiration, which typically yields a rent premium over traditional year-long leases.

Multi-Family Active

Price

^$ 950,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,476

Style

Multiple Dwellings

Year Built

1971

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6969126

Features

General

Sewer Public Sewer

Heating Individual Natural Gas

Cooling Ceiling Fan(s) Electric Individual

Roof Built-Up

Zoning Multi

Construction Materials Painted Stucco Block

Year Built 1971

Electric APS

Township 2N

Tax Year 2026

Ownership Fee Simple Fee Simple

Gross Income 5909.0

Community Features Barbecue No Pool

County Maricopa

Net Operating Income 50844.0

Operating Expense 17862.0

Insurance Expense 2767.0

New Construction N

Property Type Multiple Dwellings

Attached Garage N

MaintenanceExpense 1603.0

Subdivision Name GREENFIELD ACRES TRACT 2

Garage Y/N N

Status Active

City Phoenix

Disclosures None

High School District Phoenix Union High School District

Open Parking Spaces 2.0

Number Of Units Total 4

Carport Y/N N

Tax Annual Amount 1476.0

Trash Expense 1902.0

Water Sewer Expense 2272.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Elementary School District Creighton Elementary District

Tax Lot 35

Cap Rate 5.35

New Financing: Conventional True

Senior Community N

New Financing: FHA True

New Financing: Cash True

New Financing: VA True

Interior

Flooring Ceramic Tile

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features Paved Free 1 Space/Unit On Street Carport

Water Source City Franchise

Total Parking 6.0

Number of Buildings 1

Spa N

Lot Dimensions 9512

Covered Spaces 4.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 1747

* Excluded Features

List By

Matthews Real Estate Investment Services

Broker

brad.skenderian@matthews.com

Affordability Calculator

$5,972

Per Month

Monthly Principal & Interest: $5,849
Monthly Property Taxes: $123
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% 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

Trends
Schools

Multi-family listings in Phoenix, AZ

Average List Price ^$1,318,524

Percent of Sale Price 39%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4327165 Elementary School

4327058 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/15/2026	$950,000		Listed Price

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1747 E VIRGINIA Avenue, Phoenix, AZ, 85006 is a Multi-Family Home for sale at $950,000. 1747 E VIRGINIA Avenue is a studio with 0.0 baths and was built in 1971. The property's zip code is 85006 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 1/17/2026.

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1747 E VIRGINIA Avenue

Multi-Family Home for sale in Phoenix, AZ

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