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1241 E ADAMS Street, Phoenix, AZ 85034
$1,729,000





















Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$1,729,000
Last Modified:
5/24/2025
Description
Prime Downtown Phoenix 6-Unit Multi-Family Investment - Fully Renovated & Permitted through the City of Phoenix. Every unit has been meticulously updated from the ground up with all new electrical, plumbing, roofs, HVAC systems, and energy-efficient windows, offering peace of mind and modern functionality for years to come. Step inside to find stylish new kitchens featuring stainless steel appliances, custom cabinetry, and quartz countertops, as well as luxuriously updated bathrooms with contemporary finishes. Washer/Dryer's in units. Each unit combines comfort, style, and durability, perfect for attracting quality tenants or operating as a premium rental portfolio
Supplements: Situated on a large corner lot with potential for future subdividing or development, this property offers investors significant long-term upside. Location doesn't get better than thisjust steps to Roosevelt Row's restaurants, art galleries, and nightlife, Banner Medical Center, ASU & U of A Downtown Campuses, the Phoenix Financial District, Chase Field, Footprint Center, and all that downtown Phoenix has to offer. Whether you're looking for a turnkey multi-family asset, a cash-flowing investment in a booming rental market, or future redevelopment potential, this property checks every box.
More Information MLS# 6870735
Contract Info
Current Price: $1,729,000
List Price: $1,729,000
Status: Active
List Date: 2025-05-23
Ownership: Fee Simple
Location Tax Legal
House Number: 1241
Compass: E
Street Name: ADAMS
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85034
Zip4: 1116
Country: US
County Code: Maricopa
Subdivision: COLLINS ADDITION PHOENIX BLOCKS 31-34 & 39-40
Assessor Number: 116-45-111
Tax Year: 2024
General Property Description
Lot Size Dimensions: 12
Year Built: 1926
Uncvrd Parking Spcs: 6
Total # of Units: 6
# of Buildings: 3
Zoning: R5
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Phoenix #1 iAcademy
Jr. High School: Augustus H. Shaw Montessori
High School: North High School
Remarks Misc
Cross Street: 13th Street and Washington
Geo Lat: 33.449119
Geo Lon: -112.054738
Status Change Info
Status Change Date: 2025-05-23
Legal Info
Township: 1N
Range: 3E
Section: 9
Lot Number: 3
Showing Notification Methods
Showing Service: Aligned Showings
1 Bedroom Units
# 1 Bedroom Units: 6
Avg Rent: 1500
Avg SqFt: 500
# Baths: 1
Property Features
Project Type: 5 - 12 Units
Construction: Block
Const - Finish: Painted
Roofing: Foam
Floors: Vinyl; Ceramic Tile
Sale Includes: Building(s) Only; Laundry Equipment
Community Features: No Pool
Appliances Included: Free-Standing Electric Oven; Refrigerator; Microwave; Washer/Dryer
Heating: Heat Pump
Cooling: Central Air
Water Source: Master Meter
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: 1 Space/Unit
Owner Pays: Other
Tenant Pays: Other (See Remarks)
Source of Fincl Data: Unknown
Lockbox Type: Supra
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; Conventional
Environmental: None
Listing Office: SRL Group
Last Updated: May - 24 - 2025

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