2221 N 27TH Street, Phoenix, AZ 85008 (MLS# 7015971)

2221 N 27TH Street, Phoenix, AZ 85008

$985,000

Spacious Phoenix property featuring a covered carport with paved parking, low-maintenance desert landscaping, and a clean, updated exterior—ideal for multi-unit living and income property use.

Wide concrete driveway provides ample parking for multiple units, showcasing this remodeled Phoenix triplex with separate entrances and excellent access for residents and tenants.

Full exterior view of this Phoenix multi-unit property highlighting the main residence and detached units, featuring updated finishes, large driveway, and strong investment appeal.

Open front yard with gravel landscaping and covered parking structure, offering a low-maintenance setup and multiple parking options for this Phoenix income property.

Functional covered parking area paired with additional storage space, ideal for tenants or owner-occupants seeking convenience in this remodeled Phoenix triplex.

Private parking layout with extended driveway and multiple unit access points, enhancing rental potential and tenant privacy in this Phoenix investment property.

Modern paver parking beneath a covered carport adds durability and style, complementing this updated Phoenix property designed for multi-unit flexibility.

Bright, remodeled living room with modern flooring, neutral tones, and a sleek fireplace feature wall—perfect for comfortable living in this Phoenix home.

Open-concept living area connecting seamlessly to the updated kitchen, featuring recessed lighting, modern finishes, and flexible space ideal for entertaining.

Large living room with stylish finishes, updated flooring, and abundant natural light, creating a welcoming environment within this remodeled Phoenix property.

Spacious open-concept layout featuring an updated kitchen with granite countertops, white cabinetry, and modern flooring—ideal for comfortable living in this Phoenix property.

Bright remodeled kitchen with large island, granite counters, stainless steel appliances, and ample cabinetry, offering both style and functionality in this Phoenix home.

Open kitchen and dining space with updated finishes, breakfast bar seating, and natural light, creating an inviting layout perfect for entertaining.

Modern kitchen featuring stainless steel appliances, sleek cabinetry, and upgraded countertops, enhancing the value and appeal of this remodeled Phoenix property.

Updated kitchen sink area with granite counters, stylish fixtures, and window views providing natural light and a clean, modern aesthetic.

Spacious kitchen island with seating opens to dining and living areas, showcasing a functional and modern layout ideal for everyday living and entertaining.

Charming dining nook with natural light and modern finishes, offering a comfortable space for meals within this updated Phoenix home.

Multi-use living space featuring a game area and open kitchen layout, perfect for entertaining and flexible living in this remodeled Phoenix property.

Spacious game room with pool table and seating area, offering a fun and versatile entertainment space within this updated Phoenix home.

Comfortable entertainment room with lounge seating and game area, showcasing flexible living options in this modern Phoenix property.

Comfortable bedroom featuring modern finishes, ceiling fan, and a built-in workspace, offering versatility for remote work or relaxation in this Phoenix home.

Updated bathroom with dual sink vanity, granite countertops, and modern fixtures, providing both style and functionality in this Phoenix property.

Renovated bathroom showcasing a walk-in shower with stylish tile surround and glass enclosure, offering a clean and modern design.

Close-up of upgraded walk-in shower featuring contemporary tilework and glass doors, highlighting quality finishes and recent updates.

Spacious secondary bedroom with modern flooring, neutral tones, and ample room for furnishings, ideal for guests or family living.

Bright bedroom featuring natural light, updated flooring, and closet space, offering comfort and functionality in this Phoenix ho

Inviting bedroom with soft carpeting, ceiling fan, and flexible layout, perfect for restful living in this updated Phoenix property.

Modern bathroom featuring updated vanity, granite countertops, and tiled shower, combining style and practicality.

Full bathroom with tub-shower combo, updated tile surround, and granite vanity, offering both comfort and convenience.

Dedicated laundry room with washer, dryer, and water heater, providing convenience and functionality in this Phoenix home.

Dedicated laundry room featuring washer and dryer, water heater, and functional layout, adding everyday convenience to this updated Phoenix home.

Expansive backyard with low-maintenance gravel landscaping, offering plenty of space for outdoor living, entertaining, or future customization in this Phoenix property.

Large backyard featuring a concrete patio area, mature trees, and privacy fencing, creating an ideal outdoor space for relaxing or entertaining in Phoenix.

Property Type: Multiple Dwellings Status: Active

Current Price: $985,000 Last Modified: 6/09/2026

Overview

Description

Welcome to a truly exceptional and rare real estate opportunity! Single story 4 bed/3 bath mainhome with 2 additional detached rental units on property. Don't miss your chance to acquire this fully remodeled, permitted triplex-a property that defines 'turnkey' and offers income-generating potential. Whether you're the Savvy Investor looking for a remodeled, clean income-generating property or a Smart Owner-Occupant that lives in a 4-bed main house and rents out rental units to offset the mortgage. 27th Street is a Money Maker in multiple ways. The main house yard is large enough to build even more if desired. Each unit has its own private yard, entrance, and parking. This prime location provides easy access to Phoenix Downtown, Airport and Shopping.

Listing Details MLS# 7015971

Location, Tax & Legal

House Number: 2221
Compass: N
Street Name: 27TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Zip4: 2771
Country: US
County Code: Maricopa
Subdivision: EAST THOMAS ROAD TR 4
Assessor Number: 120-30-096
Tax Year: 2025
Assessor's Map #: 30
Legal Description (Abbrev): LOT 182 EAST THOMAS ROAD TR 4 MCR 002618
Assessor's Parcel #: 96
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 111502
Taxes: 1983
Legal: Lot 182 East Thomas Road TR 4
Marketing Name: 27th TR 4

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 135x100
Year Built: 1957
Uncvrd Parking Spcs: 8
Total # of Units: 3
# of Buildings: 2
Zoning: R-3
Flood Zone: No
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
Elementary School: The Creighton Academy
Jr. High School: The Creighton Academy
High School: Metro Tech High School

Remarks Misc

Cross Street: 24th St and Oak
Directions: East on Oak to 27th street, south on 27th street to property on the left.

Legal Info

Township: 2N
Range: 3E
Section: 35
Lot Number: 182

Income Expenses

Gross Annual Sch Inc: 78000
Net Operating Income: 71817

More Information

Showing Notification Methods

Showing Service: Aligned Showings

2 Bedroom Units

# 2 Bedroom Units: 2
Avg Rent: 1800
Avg SqFt: 826
# Baths: Yes

4 Bedrooms Units

# 4 Bedroom Units: Yes
Avg Rent: 3300
Avg SqFt: 2215
# Baths: 3

Project Type

Other (See Remarks): Yes

Other Type

House + Rental Units: Yes

Construction

Wood Frame: Yes

Const - Finish

Painted: Yes
Stucco: Yes
Brick Veneer: Yes
Siding: Yes

Roofing

Composition: Yes
Tile: Yes

Floors

Tile: Yes
Concrete: Yes
Carpet: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1983
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 78000

Pmt & Rate Info

Cap Rate: 7.18
Equity: 999999
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Lockbox Type

Supra: Yes

Community Features

No Pool: Yes

Heating

Electric: Yes

Cooling

Ceiling Fan(s): Yes
Electric: Yes

Exterior Amenities

Landscape Water System: Yes
Desert Landscaping: Yes
Fenced: Yes
RV/Boat Parking: Yes
Curb(s) & Gutter(s): Yes
Satellite Dish: Yes
Cable TV Available: Yes
Sidewalk(s): Yes
Patio/Balcony: Yes
Separate Storage: Yes

Interior Features

Unfurnished: Yes
Fire/Smoke Alarm(s): Yes
Vertical Blinds: Yes
Breakfast Bar: Yes

Tenant Pays

Water: Yes
Sewer: Yes
Electricity: Yes
Trash Collection: Yes
Cable TV: Yes

Appliances Included

Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Refrigerator: Yes
Free-Standing Range: Yes
Washer/Dryer: Yes
W/D Hookup: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

Carport: Yes
>1 Space Per Unit: Yes
Paved: Yes
Assigned: Yes

Electric

SRP: Yes

Gas

None: Yes

Owner Pays

Water: Yes
Sewer: Yes
Trash Collection: Yes

New Financing

Cash: Yes
VA: Yes
Conventional: Yes
FHA: Yes

Existing 1st Loan

FHA: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: Other (See Remarks) Other Type: House + Rental Units Construction: Wood Frame Const - Finish: Painted; Stucco; Brick Veneer; Siding Roofing: Composition; Tile Floors: Tile; Concrete; Carpet Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Landscape Water System; Desert Landscaping; Fenced; RV/Boat Parking; Curb(s) & Gutter(s); Satellite Dish; Cable TV Available; Sidewalk(s); Patio/Balcony; Separate Storage Interior Features: Unfurnished; Fire/Smoke Alarm(s); Vertical Blinds; Breakfast Bar Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup Cooling: Ceiling Fan(s); Electric Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: Carport; >1 Space Per Unit; Assigned; Paved Road Surface Type: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Water; Sewer; Electricity; Trash Collection; Cable TV Source of Fincl Data: Owner Lockbox Type: Supra Existing 1st Loan: FHA New Financing: Cash; VA; FHA; Conventional Environmental: None

Listing Office: Compass

Last Updated: June - 09 - 2026