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108 S 22ND Avenue Phoenix, AZ 85009
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Key Details
Sold Price $178,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Capitol Addition
MLS Listing ID 7079408
Sold Date 10/06/26
Bedrooms 2
Year Built 1921
Annual Tax Amount $1,061
Tax Year 2025
Lot Dimensions 84.72 ft by 50.44 ft
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Rare Investment Opportunity: Prime Multi-Family Package in Phoenix
Unlock exceptional value with this versatile investment opportunity located in central Phoenix. Conveniently positioned with easy access to Downtown Phoenix, I-10, local dining, public transit, and major employment hubs.
This property is a brick duplex featuring 2 separate units, each configured as a 1-bed, 1-bath layout with a fireplace. Needs renovation-perfect for investors looking to add value, update finishes, and bring rents up to market rate to maximize monthly cash flow.
The adjacent vacant lot (2203 W JEFFERSON ST, Phoenix, AZ 85009), also zoned for multi-family residential (MLS 6871932), is being sold TOGETHER as a package deal. Develop the lot to build additional income-producing units and and expand your ren Develop the adjacent multi-family lot to build additional income-producing units and expand your rental portfolio.
Whether you are looking to fix-and-hold for steady passive income or develop the adjoining parcel for maximum yield, this dual-parcel opportunity is built for high returns.
Location
State AZ
County Maricopa
Community Capitol Addition
Area Maricopa
Zoning R-5
Direction Go East onJefferson St from I17, turn south on 22nd Avenue, duplex is on your right.
Interior
Heating Forced Air
Cooling Heat Pump
Flooring Carpet
Appliance None
Exterior
Parking Features None
Community Features No Pool
Roof Type Composition
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Mary Mcleod Bethune School
Middle Schools Mary Mcleod Bethune School
High Schools Metro Tech High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 109-48-096
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Disclosures Seller Prop Disc Stm
Listing Terms Cash, Conventional
Financing Cash
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