2957 E ATLANTA Avenue, Phoenix, AZ 85040

$549,000
Property Type: Multiple Dwellings Status: Active
Current Price: $549,000 Last Modified: 5/18/2025

Description

Pics coming soon 6 bedrooms and 3 baths. Updated triplex at 2957 E Atlanta Ave offers three large 2-bedroom, 1-bath units. 1 is rented at $1,500, all 3 totaling $4,500/month. The 2 other units are currently renovated and move-in ready. Recent updates include new flooring and fresh paint throughout. FHA-friendly financing allows you to live in one unit while renting out the others to help cover your mortgage. Ideally located near 32nd St & Broadway, this property provides quick access to Sky Harbor Airport, downtown Phoenix, Tempe, and Glendale. A motivated seller (already relocated) makes this a rare turnkey opportunity — perfect for investors and owner-occupants alike seeking affordable homeownership with built-in income.

More Information MLS# 6867953

Contract Info

Current Price: $549,000 List Price: $549,000 Status: Active List Date: 2025-05-17 Ownership: Fee Simple

Location Tax Legal

House Number: 2957 Compass: E Street Name: ATLANTA St Suffix: Avenue City/Town Code: Phoenix State/Province: AZ Zip Code: 85040 Zip4: 0758 Country: US County Code: Maricopa Subdivision: WIER ESTATES LOTS 11-32, 53-74 Assessor Number: 122-60-088-B Tax Year: 2024

General Property Description

Lot Size Dimensions: IRR Year Built: 1985 Uncvrd Parking Spcs: 3 Total # of Units: 3 # of Buildings: 1 Elementary School District: Roosevelt Elementary District High School District: Phoenix Union High School District High School: South Mountain High School

Remarks Misc

Cross Street: 32nd St & Broadway Geo Lat: 33.400365 Geo Lon: -112.015733

Status Change Info

Status Change Date: 2025-05-17

Legal Info

Township: 1N Range: 3E Section: 26 Lot Number: 140

Income Expenses

Gross Annual Sch Inc: 18000 Net Operating Income: 2640

Showing Notification Methods

Showing Service: Aligned Showings

2 Bedroom Units

# 2 Bedroom Units: 3 Avg Rent: 500 Avg SqFt: 709

Property Features

Project Type: Tri-Plex Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Composition Floors: Ceramic Tile Sale Includes: Land & Building Community Features: No Pool Interior Amenities: Unfurnished Appliances Included: Free-Standing Range; Refrigerator Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: 1 Space/Unit Owner Pays: Water Tenant Pays: Electricity Source of Fincl Data: Owner Lockbox Type: Supra Existing 1st Loan: Other (See Rmks) Existing 1st Ln Type: Not Applicable Existing 1st Ln Trms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Ln Type: Not Applicable Existing 2nd Ln Trms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Ln Type: Not Applicable Existing 3rd Ln Trms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Conventional; Wraparound Environmental: None
Listing Office: DeLex Realty
Last Updated: May - 18 - 2025
2957 E ATLANTA Avenue, Phoenix, AZ 85040- MLS# 6867953
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