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Brand-New Three-Unit Triplex
For Sale
$2,000,000

1318 East Jefferson Street, Phoenix, AZ 85034

Newly planned three-unit triplex with three bedrooms and two bathrooms in each unit, plus private third-floor balconies.

Property SizeContact for details
Days on Market482

Property Features for 1318 East Jefferson Street

General Information

Standard status Active
Property subtype Multiple Dwellings
Zoning R-5

Additional Details

Highway Access Yes
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $715

Amenities

private balcony
dual vanities
walk-in showers
washer and dryers
Central Air, Ceiling Fan(s), Electric, 2 or More Units
Electric
Tile, Carpet
Yes
0.0
Foam
No Pool
1
3
Wood Frame, Stucco

Building Details

Year Built 1945
Tenancy Multi
Listing Agency: The Brokery
Listed By: Dylan J Phillips · License #SA654714000
Source: Compass
Added: Apr 14, 2025 Changed: Aug 8 Last Checked: Aug 8 at 11:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Brokery

Investment Insights

Based on property information with market context.

This is an opportunity to own a brand-new three-unit triplex with modern, open main living floor plans. Each unit is planned to include three bedrooms and two bathrooms, along with a private balcony on the third floor. Interior features noted for each unit include a spacious primary suite with dual vanities and walk-in showers, plus in-unit washer and dryer.

The property is described as being located downtown, near shops, restaurants, schools, and freeway access.

Estimated project completion is October 2027, making this a fit for buyers looking to acquire a new multi-unit residential income property ahead of delivery.

Key Highlights

  • Planned 3‑unit triplex in one building with an estimated completion date of October 2027
  • Each unit includes 3 bedrooms and 2 bathrooms, with nearly 1,800 SF per unit
  • Each unit has a private third‑floor balcony

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Nail Salon Storage Facility Butcher Pet Grooming Service

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
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

656
Businesses Nearby

Demographics for 85034, AZ

5,033
Population
2,901
Households
1.7
Avg Household Size
32
Median Age
32%
College-Educated
81%
High-School Grad
11.6 sq mi
ZIP Area
434
Density / Sq Mi
$53,545
Median Household Income
$43,236
Median Earnings
$1,205
Median Rent
$397,400
Median Home Value

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 - Newly planned three-unit triplex with three bedrooms and two bathrooms in each unit, plus private third-floor balconies.
Where is this triplex located?
The property is located at 1318 East Jefferson Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Planned 3‑unit triplex in one building with an estimated completion date of October 2027; Each unit includes 3 bedrooms and 2 bathrooms, with nearly 1,800 SF per unit; Each unit has a private third‑floor balcony
More about this property
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