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2142 E TAYLOR Street Phoenix, AZ $ 475,000
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2142 E TAYLOR Street
$ 475,000
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2142 E TAYLOR Street

Phoenix, AZ, 85006
$ 475,000
Baths0.0

Monthly Estimate*

$ 2,925

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $475,000. This home was built in 1956.

Three at Taylor Located in the heart of the rapidly revitalizing Phoenix, this well-positioned triplex offers an exceptional opportunity for both investors and owner-occupants seeking strong rental demand and long-term appreciation. Situated in the desirable Garfield Historic District area, the property benefits from its proximity to downtown employment hubs, dining, arts, and entertainment. The property features one 2 bedroom and two 1 bedroom units , providing diversified income potential in one of Phoenix's most active rental corridors. Tenants enjoy convenient access to Arizona State University's downtown campus, major medical centers including Banner - University Medical Center Phoenix, and cultural attractions such as the Phoenix Art Museum. Commuting is seamless with nearby acces to the Valley Metro Light Rail, connecting residents throughout the metro area. Currently rented below markets at $925, $950 & $795 Market rents are $1,050 to $1,250 Each unit offers functional layouts with comfortable living spaces, remodeled making the property attractive for long-term tenants or potential short-term rental strategies where permitted. The central location places residents minutes from downtown Phoenix restaurants, nightlife, and employment centers while maintaining the neighborhood charm of one of the city's most established districts. Whether you're expanding a rental portfolio or seeking a property with strong income potential in a high-growth urban market, this triplex presents a compelling opportunity in one of Phoenix's most desirable investment corridors. All facts and figures are approximate buyer verify MLS information

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Multi-Family Active

Price

$ 475,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,632

Style

Multiple Dwellings

Year Built

1956

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6998651
Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Roof Composition
Zoning R-4
Construction Materials Painted Block
Year Built 1956
Electric APS
Township 1N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 36480.0
Community Features No Pool
County Maricopa
Net Operating Income 28691.0
Operating Expense 7889.0
Insurance Expense 1799.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 1000.0
Subdivision Name AVIATION HOMESITES
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 3
Carport Y/N N
Tax Annual Amount 1632.0
Electric Expense 0.0
Fuel Expense 0.0
Middle/Junior High School Wilson Elementary School
Trash Expense 1200.0
Water Sewer Expense 2258.0
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 Wilson Elementary District
Tax Lot 10
Cap Rate 6.04
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 Laminate Other Ceramic Tile
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Paved Free <1 Space Per Unit On Street Carport
Water Source City Franchise
Total Parking 4.0
Number of Buildings 2
Spa N
Lot Dimensions .19
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 2142
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* Excluded Features
List By
Get Multifamily

Broker

sophia@gracecre.com

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Affordability Calculator

$3,061
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,925
Monthly Property Taxes
$136
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
4327165 Elementary School
4897117 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
3/14/2026 $475,000 Listed Price

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2142 E TAYLOR Street, Phoenix, AZ, 85006 is a Multi-Family Home for sale at $475,000. 2142 E TAYLOR Street is a studio with 0.0 baths and was built in 1956. The property's zip code is 85006 which is in Phoenix, AZ

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