2903 E WIER Avenue, Phoenix, AZ 85040

New Listing
$535,000
Property Type: Multiple Dwellings Status: Active
Current Price: $535,000 List Date: 11/08/2025 Last Modified: 11/11/2025

Description

Fantastic investment opportunity! This well-maintained triplex features three spacious 2-bedroom, 1-bath units. All units currently rented. All units have W/D hookups for additional income potential. This property cashflows at today's rates. 1 unit has been updated, and each unit has kitchens equipped with essential appliances and open floorplan to living rooms. Exterior painting as well has been updated in the last 2 years. Conveniently located near freeways, shopping, and dining. Ample parking with a convenient layout. The area is growing. Don't miss out!!

More Information MLS# 6944368

Contract Info

Current Price: $535,000 List Price: $535,000 Status: Active List Date: 2025-11-06 Ownership: Fee Simple

Location Tax Legal

House Number: 2903 Compass: E Street Name: WIER St Suffix: Avenue City/Town Code: Phoenix State/Province: AZ Zip Code: 85040 Zip4: 0755 County Code: Maricopa Subdivision: WIER ESTATES LOTS 11-32, 53-74 Assessor Number: 122-61-011-A Tax Year: 2024

General Property Description

Lot Size Dimensions: IRR Year Built: 1984 Uncvrd Parking Spcs: 5 Total # of Units: 3 # of Buildings: 1 Zoning: R-3 Flood Zone: TBD Elementary School District: Roosevelt Elementary District High School District: Phoenix Union High School District Elementary School: Percy L Julian School Jr. High School: Percy L Julian School High School: South Mountain High School

Remarks Misc

Cross Street: 32nd St & Broadway Rd Directions: South on 32nd St, right on Wier Ave. Property is on the left. Geo Lat: 33.403081 Geo Lon: -112.017966

Legal Info

Township: 1N Range: 3E Section: 26 Lot Number: 8

Income Expenses

Gross Annual Sch Inc: 44000 Net Operating Income: 37404

Showing Notification Methods

Showing Service: No Showing Service Used

2 Bedroom Units

# 2 Bedroom Units: 3 Avg Rent: 1225 Avg SqFt: 720 # Baths: 1

3 Bedrooms Units

Avg Rent: 1225

Property Features

Project Type: Tri-Plex Construction: Block Const - Finish: Painted Roofing: Composition Floors: Ceramic Tile Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Curb(s) & Gutter(s) Interior Features: Unfurnished; Fire/Smoke Alarm(s) Appliances Included: Free-Standing Range; Refrigerator; W/D Hookup Cooling: Ceiling Fan(s); Evaporative Cooling Water Source: City Franchise Sewer: Sewer-In & Connected Electric: SRP; Individual Meter Gas: None Parking Features: 1 Space/Unit; Free; Paved Road Surface Type: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electricity Source of Fincl Data: Unknown Showing Notification Methods: Text; Email; Phone Call Lockbox Type: See Private Remarks; None Existing 1st Loan: Conventional Existing 2nd Loan: Treat as Free&Clear Existing 3rd Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional; 1031 Exchange Environmental: None
Listing Office: My Home Group Real Estate
Last Updated: November - 11 - 2025
2903 E WIER Avenue, Phoenix, AZ 85040- MLS# 6944368
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