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1021 E Pierce Street Phoenix, AZ $ 1,280,000
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1021 E Pierce Street
$ 1,280,000
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1021 E Pierce Street

Phoenix, AZ, 85006
$ 1,280,000
Bedrooms12 Baths0.0

Monthly Estimate*

$ 8,082

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Multi-Family Home for sale in Phoenix, AZ

for $1,280,000 with 12 bedrooms. This home was built in 2006.

Incredible Investment Opportunity in the Heart of Historic Garfield - A rare and highly desirable 4-unit multifamily property nestled in one of Phoenix's most sought-after and culturally rich neighborhoods, the Historic Garfield District. Whether you're a seasoned investor or looking to house-hack your way to financial freedom, this property delivers cash flow with massive upside potential. Each spacious 900 sqft units features 3 bedrooms and 2 full bathrooms, offering a layout that commands top-of-market rents in today's competitive Phoenix rental market. With a projected average rental income of $2,100 per unit per month. Situated in the heart of the Historic Garfield District one of downtown Phoenix's most vibrant , walkable, and character-filled neighborhoods.

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Multi-Family Active

Price

$ 1,280,000

Bedrooms

12

Property Type

Multi-Family

Taxes

$ 2,795

Style

Multiple Dwellings

Year Built

2006

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7076583
Features
General
Sewer Public Sewer
Heating Hot Water Forced Air Ceiling
Cooling Central Air Ceiling Fan(s)
Roof Composition
Zoning R-3
Security Features Security Light(s)
Construction Materials Wood Frame Stucco Stone
Year Built 2006
Electric APS
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 96000.0
Community Features No Pool
County Maricopa
Net Operating Income 80000.0
Operating Expense 2795.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Garage Y/N N
Status Active
Directions From the I-10 Freeway take the 7th Street exit heading South. Continue south on 7th Street and turn Left (East) on Pierce Street. Proceed east on Pierce Street approximately 0.3 miles -- property wil
City Phoenix
Disclosures Appraisal
Open Parking Spaces 5.0
Number Of Units Total 4
Carport Y/N N
Tax Annual Amount 2795.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Lot 116-27-111
Cap Rate 6.25
Senior Community N
New Financing: FHA True
New Financing: Cash True
New Financing: VA True
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Exterior
Exterior Amenities Sidewalk(s)
Parking Features Assigned Add'l Parking Avail 1 Space/Unit On Street
Water Source City Franchise
Total Parking 5.0
Number of Buildings 1
Spa N
Lot Dimensions 0.158 acres
Road Surface Type Asphalt
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Flooring Laminate
Air Conditioning Y/N Y
Heating Y/N Y
Total Bedrooms 12
Total Baths 8
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Internal Only
Street Number 1 1021
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* Excluded Features
List By
Fsr Realty

Broker

Tnivens.nocrealty@gmail.com

Email

Affordability Calculator

$8,315
Per Month
97%
3%
0%
Monthly Principal & Interest
$8,082
Monthly Property Taxes
$233
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
260072 Elementary School
263420 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/5/2026$1,280,000 Listed Price

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1021 E Pierce Street, Phoenix, AZ, 85006 is a Multi-Family Home for sale at $1,280,000. 1021 E Pierce Street has 12 bedrooms, 0.0 baths, and was built in 2006. The property's zip code is 85006 which is in Phoenix, AZ

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