2302 E Yale Street Phoenix, AZ $ 425,000
2302 E Yale Street
$ 425,000
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2302 E Yale Street

Phoenix, AZ, 85006
$ 425,000
Baths0.0

Monthly Estimate*

$ 2,617

2302 E Yale Street, Phoenix, AZ 85006 - Image 1
Studio

Multi-Family Home for sale in Phoenix, AZ

for $425,000. This home was built in 1941.

A property that offers more than just a place to live, it creates tremendous opportunity from the start. Set in a highly accessible central Phoenix location, this home features multiple living spaces designed for flexibility and long-term value. The main residence offers 3 bedrooms, 2 bathrooms and ~1,360 sq ft, plus a separate studio around 320 sq ft. An attached casita in the backyard features 1 bed/1 bath with ~ 600 sq ft. Estimated rents are $2,200 per month for the main house, $1,000 for the casita, and $700 for the studio, producing a strong nearly 1% rent to price ratio. Main house is currently leased through August 2026, studio is month to month, and casita is vacant. Great location minutes from Phoenix Children's Hospital, downtown Phoenix, Sky Harbor Airport, and freeway access.

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Multi-Family Active

Price

$ 425,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,029

Style

Multiple Dwellings

Year Built

1941

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6962050

Features
General
Sewer Public Sewer
Heating Window/Wall Unit(s) Natural Gas
Cooling Central Air Window/Wall Unit
Roof Composition
Zoning R1-6
Construction Materials Wood Frame Stucco Block
Year Built 1941
Electric APS
Township 2N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 3705.0
Community Features See Remarks
County Maricopa
Net Operating Income 3705.0
Operating Expense 2029.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name Greenfield Gardens Blocks 1 thru 5
Garage Y/N N
Status Active
Directions From 24th St turn west on Yale St to the property.
High School Camelback High School
City Phoenix
Disclosures None
High School District Phoenix Union High School District
Open Parking Spaces 0.0
Number Of Units Total 3
Carport Y/N N
Elementary School William T Machan Elementary School
Tax Annual Amount 2029.0
Middle/Junior High School William T Machan Elementary School
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 22
Cap Rate 0.87
New Financing: Conventional True
Senior Community N
New Financing: FHA True
New Financing: Cash True
New Financing: VA True
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Exterior
Parking Features On Street Carport
Water Source City Franchise
Total Parking 2.0
Number of Buildings 2
Spa N
Lot Dimensions 7 410
Covered Spaces 2.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Internal Only
Street Number 1 2302
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* Excluded Features
List By
Keller Williams Arizona Realty

Broker

Jeff@ForwardAZ.com

Email

Affordability Calculator

$2,786
Per Month
94%
6%
0%
Monthly Principal & Interest
$2,617
Monthly Property Taxes
$169
Monthly Home Insurance
--
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
4327751 Elementary School
4327751 Middle School
Camelback High School High School
Pricing History
DatePricePrice ChangeDescription
1/21/2026$425,000 Listed Price

Map


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2302 E Yale Street, Phoenix, AZ, 85006 is a Multi-Family Home for sale at $425,000. 2302 E Yale Street is a studio with 0.0 baths and was built in 1941. The property's zip code is 85006 which is in Phoenix, AZ