1950 E YALE Street Phoenix, AZ $ 850,000
1950 E YALE Street
$ 850,000
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1950 E YALE Street

Phoenix, AZ, 85006
$ 850,000
Baths0.0

Monthly Estimate*

$ 5,234

1950 E YALE Street, Phoenix, AZ 85006 - Image 1
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1950 E YALE Street, Phoenix, AZ 85006 - Image 10
Studio

Multi-Family Home for sale in Phoenix, AZ

for $850,000. This home was built in 1961.

Excellent investment opportunity in the heart of Phoenix! This centrally located triplex offers strong rental appeal and immediate income potential, as all units are currently fully leased. The property features two units with 2 bedrooms and 1 bathroom, plus a spacious third unit offering 3 bedrooms and 2 bathrooms — ideal for attracting a variety of tenants. Each unit has been thoughtfully updated with modern finishes, including wood-look flooring, neutral color palettes, recessed lighting, and stylish kitchens complete with white shaker cabinetry, quartz countertops, stainless steel appliances, and tile backsplash. Residents enjoy private covered patios, front turf areas, and the convenience of in-unit washer and dryer — features that enhance tenant satisfaction and retention. Situated near major freeways, downtown Phoenix, Chase Field, ASU, Phoenix Children's Hospital, shopping, dining, and public transportation, this property offers both convenience and long-term desirability. Easy to manage and located in a high-demand rental corridor, this is an ideal addition to any investment portfolio. Don't miss this opportunity to own a well-maintained multi-family property in a prime central location!

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Multi-Family Active

Price

$ 850,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,247

Style

Multiple Dwellings

Year Built

1961

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6984600

Features
General
Sewer Public Sewer
Heating Electric
Cooling Ceiling Fan(s) Electric
Roof Composition
Zoning 0
Construction Materials Painted Block
Year Built 1961
Electric APS
Township 2N
Tax Year 2025
Ownership Fee Simple Fee Simple
Community Features No Pool
County Maricopa
Net Operating Income 61273.0
Operating Expense 1247.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Garage Y/N N
Status Active
Directions SOUTH ON 20TH ST WEST ON YALE PROPERTY ON NORTHWEST CORNER BEFORE FREEWAY.
High School Camelback High School
City Phoenix
Disclosures Seller Prop Disc Stm
High School District Phoenix Union High School District
Open Parking Spaces 5.0
Number Of Units Total 3
Carport Y/N N
Elementary School William T Machan Elementary School
Tax Annual Amount 1247.0
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
Occupancy Type Tenant
Elementary School District Creighton Elementary District
Tax Lot 123
Cap Rate 7.21
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 Ceramic Tile
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Paved On Street
Water Source City Franchise
Total Parking 5.0
Number of Buildings 1
Spa N
Lot Dimensions 8468
Road Surface Type Asphalt
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1950
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* Excluded Features
List By
Barrett Real Estate

Broker

ashley@asgsellsaz.com

Email

Affordability Calculator

$5,338
Per Month
98%
2%
0%
Monthly Principal & Interest
$5,234
Monthly Property Taxes
$104
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
2/14/2026$850,000 Listed Price

Map


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1950 E YALE Street, Phoenix, AZ, 85006 is a Multi-Family Home for sale at $850,000. 1950 E YALE Street is a studio with 0.0 baths and was built in 1961. The property's zip code is 85006 which is in Phoenix, AZ