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347 N 16TH Avenue, Phoenix, AZ, 85007
Phoenix Triplex Near Downtown

347 N 16TH Avenue Phoenix, AZ 85007

For Sale
$375,000

MULTI_FAMILY - Phoenix, AZ

Days on Market146

Property Features for 347 N 16TH Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R-5
Bedrooms
5
Rooms
Bedroom 2, Bathroom 2, Bedroom 5, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 3, Bedroom 3
Appliances
Refrigerator, Free-Standing Gas Oven, W/D Hookup
Standard status
Active
APN
111-26-028

Taxes and HOA fees

Tax Year
2025
Tax Description
LOT 30 CAPITOLA PLACE MCR
Tax Annual Amount
1329

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating), Heat Pump (Heating), Central
Cooling system
Electric, Heat Pump, Central Air

Building Details

Year built
1951
Number of units
3
Flooring type
Laminate, Tile
Building materials
Wood Frame, Painted, Stucco
Roof type
Composition
Listing Agency: McMath Realty LLC
Listed By: Tyler Nick · License #SA650467000
Added: Mar 3 Changed: Jul 25 Last Checked: Jul 27 at 7:06AM
MLS# 6992517

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 is an excellent opportunity to own a cash-flowing, low-maintenance triplex located near downtown Phoenix. The property features two 2-bedroom, 1-bath units and one renovated 1-bedroom, 1-bath unit. On-site laundry facilities are available. Situated on a corner lot, the property includes two buildings. The property benefits from strong rents and consistent, stable tenants. There is an opportunity for value-add and rent increases. The zoning is R-5.

Key Highlights

  • Triplex near downtown Phoenix with two 2‑bedroom, 1‑bath units and one renovated 1‑bedroom, 1‑bath unit
  • On‑site laundry and strong, consistent rental income with stable tenants
  • Corner lot with 2 buildings

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher Nail Salon (Bike/Boat/Book/etc) Store Dental Office Carpet & Flooring Store Pet Store & Service Barber Shop (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Cash-flowing triplex with strong rents and value-add potential.
Where is this triplex located?
The property is located at 347 N 16TH Avenue Phoenix, AZ.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Triplex near downtown Phoenix with two 2‑bedroom, 1‑bath units and one renovated 1‑bedroom, 1‑bath unit; On‑site laundry and strong, consistent rental income with stable tenants; Corner lot with 2 buildings
More about this property
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