2238 E TAYLOR Street Phoenix, AZ $ 1,500,000
2238 E TAYLOR Street
$ 1,500,000
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2238 E TAYLOR Street

Phoenix, AZ, 85006
$ 1,500,000
Baths0.0

Monthly Estimate*

$ 9,236

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $1,500,000. This home was built in 1943.

East Taylor is a 10-unit, garden-style multifamily community located in the urban core of Phoenix. Built in 1943, the property consists entirely of one-bedroom/one-bath units with durable tile or vinyl flooring and has benefited from ongoing capital improvements. The asset offers clear value-add potential through interior modernization, addition of private yard spaces, and covered parking to support rent growth. Amenities include gated access, on-site laundry, and off-street parking. Positioned near Phoenix Sky Harbor International Airport, Valley Metro Rail, and Valleywise Health Medical Center, the property benefits from strong workforce housing demand. Located within a designated Opportunity Zone, it presents both income growth and long-term tax advantages.

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Multi-Family Active

Price

$ 1,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,655

Style

Multiple Dwellings

Year Built

1943

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6989939

Features
General
Sewer Public Sewer
Heating Electric Natural Gas
Cooling Central Air Ceiling Fan(s)
Roof Tile
Zoning M-H
Construction Materials Wood Frame Painted
Year Built 1943
Electric APS City Electric
Township 1N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 516000.0
Community Features No Pool
County Maricopa
Net Operating Income 101658.0
Operating Expense 3655.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name AVIATION HOMESITES
Garage Y/N N
Status Active
Directions S on 24th st From E Van Buren St W on Taylor St.
City Phoenix
Disclosures None
High School District Phoenix Union High School District
Open Parking Spaces 10.0
Number Of Units Total 10
Carport Y/N N
Tax Annual Amount 3655.0
Middle/Junior High School Wilson 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 Wilson Elementary District
Tax Lot 34
Cap Rate 6.78
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Exterior
Exterior Amenities Sidewalk(s)
Parking Features RV Access/Parking Paved Add'l Parking Avail >1 Space Per Unit 1 Space/Unit On Street Boat
Water Source City Franchise
Total Parking 10.0
Number of Buildings 2
Spa N
Lot Dimensions 3401 SF
Road Surface Type Concrete Asphalt
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Flooring Vinyl Wood
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Internal Only
Street Number 1 2238
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* Excluded Features
List By
My Home Group Real Estate

Broker

damian@argohomesaz.com

Email

Affordability Calculator

$9,540
Per Month
97%
3%
0%
Monthly Principal & Interest
$9,236
Monthly Property Taxes
$305
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
Pricing History
DatePricePrice ChangeDescription
2/26/2026$1,500,000 Listed Price

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2238 E TAYLOR Street, Phoenix, AZ, 85006 is a Multi-Family Home for sale at $1,500,000. 2238 E TAYLOR Street is a studio with 0.0 baths and was built in 1943. The property's zip code is 85006 which is in Phoenix, AZ