2021 W WASHINGTON Street Phoenix, AZ ^$ 575,000

2021 W WASHINGTON Street

^$ 575,000

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2021 W WASHINGTON Street

Phoenix, AZ, 85009

^$ 575,000

Studio Baths0.0

Monthly Estimate*

^$ 3,540

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $575,000. This home was built in 1931.

Excellent opportunity to own this 7-unit multifamily investment in the heart of Phoenix. The property is located just minutes from Downtown Phoenix and surrounded by new development. Ideal for investors seeking strong cash flow and reliable monthly income. Prime location near restaurants with quick access to I-17 and I-10

Multi-Family Active

Price

^$ 575,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,299

Style

Multiple Dwellings

Year Built

1931

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6970729

Features

General

Sewer Public Sewer

Heating Individual Window/Wall Unit(s)

Cooling Window/Wall Unit Individual

Roof Composition

Zoning R-3

Construction Materials Wood Frame Painted Stucco

Year Built 1931

Electric APS

Township 1N

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 86925.0

Community Features No Pool

County Maricopa

Net Operating Income 71042.0

Operating Expense 22257.0

Insurance Expense 1440.0

New Construction N

Property Type Multiple Dwellings

Attached Garage N

MaintenanceExpense 8400.0

Subdivision Name CAPITOL BLK 43 44 35-38 29 30

Garage Y/N N

Status Active

Directions .

High School Central High School

City Phoenix

Disclosures Seller Prop Disc Stm

High School District Phoenix Union High School District

Open Parking Spaces 0.0

Number Of Units Total 7

Carport Y/N N

Elementary School Capitol Elementary School

Tax Annual Amount 1299.0

Electric Expense 5358.0

Fuel Expense 0.0

Trash Expense 1200.0

Water Sewer Expense 2860.0

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 Phoenix Elementary District

Tax Lot 5

Cap Rate 12.36

Senior Community N

New Financing: Cash True

Interior

Flooring Ceramic Tile Vinyl

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features 1 Space/Unit

Water Source City Franchise

Total Parking 0.0

Number of Buildings 4

Spa N

Lot Dimensions 14 000

Covered Spaces 0.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 2021

* Excluded Features

List By

My Home Group Real Estate

Broker

azrealtorteam@gmail.com

Affordability Calculator

$3,649

Per Month

Monthly Principal & Interest: $3,540
Monthly Property Taxes: $108
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 129%

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.

4327863 Elementary School

4327058 Middle School

Central High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/19/2026	$575,000		Listed Price

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2021 W WASHINGTON Street, Phoenix, AZ, 85009 is a Multi-Family Home for sale at $575,000. 2021 W WASHINGTON Street is a studio with 0.0 baths and was built in 1931. The property's zip code is 85009 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 1/19/2026.

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2021 W WASHINGTON Street

Multi-Family Home for sale in Phoenix, AZ

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