1438 E ADAMS Street Phoenix, AZ ^$ 999,000

1438 E ADAMS Street

^$ 999,000

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1438 E ADAMS Street

Phoenix, AZ, 85034

^$ 999,000

Studio Baths0.0

Monthly Estimate*

^$ 6,151

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $999,000. This home was built in 1983.

Excellent four-unit multifamily investment property in the Phoenix metro area, minutes from Downtown Phoenix and the Sports Center. Updated in 2022, this well-maintained complex offers strong cash-flow potential with estimated annual income of approximately $50,000. Features include four spacious units with separate bedrooms (no studios), tile flooring throughout, in-unit laundry, and all appliances included, including refrigerators, washers, and dryers. Each unit has dedicated storage and assigned parking. Additional highlights include security doors and windows, privacy fencing, no HOA, Phoenix city tax municipality, and eligibility for subsidized housing programs. A low-maintenance, turnkey investment opportunity in a desirable location.

Multi-Family Active

Price

^$ 999,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,294

Style

Multiple Dwellings

Year Built

1983

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7044182

Features

General

Sewer Sewer-In & Connected Public Sewer

Heating Forced Air Electric

Cooling Central Air Electric

Roof Composition

Zoning Multiple Family

Construction Materials Wood Siding Wood Frame Painted

Year Built 1983

Electric APS

Township 1N

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 49200.0

Community Features No Pool

County Maricopa

Net Operating Income 0.0

Operating Expense 1294.0

New Construction N

Property Type Multiple Dwellings

Attached Garage N

Subdivision Name COLLINS ADDITION PHOENIX BLOCKS 31-34 39-40

Garage Y/N N

Status Active

Directions N on 15th St to Adams W to Property on Right.

High School North High School

City Phoenix

Disclosures None

High School District Phoenix Union High School District

Open Parking Spaces 4.0

Number Of Units Total 4

Carport Y/N N

Elementary School Garfield School

Tax Annual Amount 1294.0

Middle/Junior High School Garfield 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 Phoenix Elementary District

Tax Lot 22

New Financing: Conventional True

Senior Community N

New Financing: Cash True

Exterior

Exterior Amenities Sidewalk(s)

Parking Features Off Street RV Access/Parking Paved 1 Space/Unit On Street Boat

Water Source Master Meter City Franchise

Total Parking 4.0

Number of Buildings 1

Spa N

Lot Dimensions 0.161 acres / 7 000 sqft

Road Surface Type Asphalt

Covered Spaces 0.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Interior

Flooring Laminate

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Internal Only

Street Number 1 1438

* Excluded Features

List By

Ah Properties

Broker

joe@ah-az.com

Affordability Calculator

$6,259

Per Month

Monthly Principal & Interest: $6,151
Monthly Property Taxes: $108
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Phoenix, AZ

Average List Price ^$1,116,213

Percent of Sale Price 12%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4327267 Elementary School

4327047 Middle School

North High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/19/2026	$999,000		Listed Price

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1438 E ADAMS Street, Phoenix, AZ, 85034 is a Multi-Family Home for sale at $999,000. 1438 E ADAMS Street is a studio with 0.0 baths and was built in 1983. The property's zip code is 85034 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/20/2026.

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1438 E ADAMS Street

Multi-Family Home for sale in Phoenix, AZ

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