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Renovated Triplex Investment
For Sale
$749,999

1101 E ROOSEVELT Street, Phoenix, AZ 85006

Multiple Dwellings, Phoenix, AZ

Property SizeContact for details
Days on Market51

Property Features for 1101 E ROOSEVELT Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R5
Bedrooms 7
Full bathrooms 4
Rooms Bathroom 4, Bedroom 4, Bedroom 3, Bedroom 5, Bedroom 2, Bedroom 7, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 6, Bathroom 2
Exterior features Sidewalk(s)
Appliances Free-Standing Range, Refrigerator, Microwave, Washer/Dryer
Elementary school Garfield School
Middle school Garfield School
High school North High School
Elementary school district Phoenix Elementary District
Middle school district Phoenix Union High School District
High school district Phoenix Union High School District
Directions From 7th St. & Roosevelt St., head east on Roosevelt St. to 11th St. Property is located on the southeast corner of 11th St. and Roosevelt St.
Standard status Active
APN 116-27-158

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1316

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Ceiling Fan(s), Electric

Amenities

low-maintenance landscaping
private parking

Building Details

Year built 1982
Number of units 3
Flooring type Tile, Laminate
Building materials Wood Frame, Painted, Stucco
Roof type Composition
Listing Agency: Realty ONE Group
Listed By: Bianey Salazar
Added: Jul 23 Changed: Aug 28 Last Checked: Sep 11 at 2:06PM
MLS# 7057876

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This triplex contains two two-bedroom, one-bath residences and one three-bedroom, two-bath residence. Renovations completed in 2025 included flooring, cabinetry, countertops, white appliances, bathroom finishes, and lighting. Each residence is occupied, and one tenant uses Section 8 assistance. The property also includes low-maintenance landscaping, private parking, and individual electric meters for the units.

The property is located at 1101 E Roosevelt Street in Phoenix, Arizona, within the 85006 ZIP code. It carries R5 zoning and is registered as a multifamily parcel. The triplex is separately parceled, supporting residential financing options. Improvements include wood-frame construction with painted stucco, tile and laminate flooring, electric heating, electric cooling, ceiling fans, public sewer service, a composition roof, and sidewalk access.

Key Highlights

  • Three‑unit property with two 2‑bedroom, 1‑bath units and one 3‑bedroom, 2‑bath unit
  • All units updated in 2025 with new flooring, cabinets, countertops, appliances, bathrooms, and lighting
  • All three units are tenant occupied; one tenant is a Section 8 tenant

Property Analytics

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Current Use

Jay and Reese cleaning ... Commercial Cleaning Service

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Tanning Salon Fish Market Grocery & Convenience Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,836
Businesses Nearby

Demographics for 85006, AZ

23,797
Population
10,607
Households
2.2
Avg Household Size
34
Median Age
27%
College-Educated
78%
High-School Grad
4.0 sq mi
ZIP Area
5,949
Density / Sq Mi
$60,742
Median Household Income
$39,899
Median Earnings
$1,168
Median Rent
$376,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - R5-zoned multifamily property with updated interiors, occupied units, private parking, and separately metered electric.
Where is this triplex located?
The property is located at 1101 E ROOSEVELT Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $749,999.
What are key features of this property?
This property features: Three‑unit property with two 2‑bedroom, 1‑bath units and one 3‑bedroom, 2‑bath unit; All units updated in 2025 with new flooring, cabinets, countertops, appliances, bathrooms, and lighting; All three units are tenant occupied; one tenant is a Section 8 tenant
More about this property
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