Exceptional value-add opportunity in the heart of Phoenix. Situated on an expansive 14,000 SF lot, this 5-unit multifamily property offers tremendous potential for investors, developers, and owner-operators seeking their next repositioning project.The property requires substantial renovation, creating a true blank canvas for value-add improvements, redevelopment, or adaptive reuse potential. Whether your strategy is long-term hold, multifamily investment, workforce housing, or reimagining the site for its highest and best use, this asset offers exceptional flexibility. Ideally located just minutes from Downtown Phoenix and the Arizona State Capitol, with convenient access to I-10, I-17, Sky Harbor International Airport, the Phoenix Bioscience Core, ASUs Downtown Campus, and the citys major sports and entertainment venues. Positioned within an evolving urban corridor experiencing continued public and private investment, this rare large-lot property combines location, density, and long-term upside. Investment opportunities with this combination of size, proximity to the urban core, and repositioning potential are becoming increasingly difficult to find. Bring your vision and unlock the possibilities.
Listed By
Agency Name: SERHANT.
Agency Phone: 602-525-3992
Shown By
Agency Title: Arizona Best Real Estate
Agency Phone: 480-948-4711
Estimated Payment
$ 1,618.59 per month $1,335.34 Principal & Interest $108.25 Property Tax $175.00 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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2021 W Washington Street | MLS# 7048471
This multi-family property located at 2021 W Washington Street, Phoenix, AZ 85009 is currently listed for sale with an asking price of $600,000. W Washington Street is located within the Phoenix Union High School District school district. Search Phoenix real estate on www.arizonabest.com today.