Residential Income
For Sale
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1618 W Papago St, Phoenix, AZ 85007
Triplex with a currently rented 4-bedroom home, 2-bedroom unit, and studio, described as low-maintenance.
Property SizeContact for details
Days on Market121
Property Features for 1618 W Papago St
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
Get MULTIfamily
(602) 842-5050
Listed By:
Patrick O'Sullivan, CCIM · License #BR634211000
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 8:52AM
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 Get MULTIfamily
Investment Insights
Based on property information with market context.
This residential income triplex is set up with three rental units: a currently rented 4-bedroom house, a 2-bedroom unit, and a studio. The property is marketed as very low maintenance with low expenses, and the offering also includes the opportunity for additional units.
The asset is described as close to shopping, a sports arena, entertainment, parks, schools, and restaurants.
As presented, the current configuration provides an existing income stream while leaving room to expand the property’s unit count, subject to applicable approvals.
The asset is described as close to shopping, a sports arena, entertainment, parks, schools, and restaurants.
As presented, the current configuration provides an existing income stream while leaving room to expand the property’s unit count, subject to applicable approvals.
Key Highlights
- Triplex with a currently rented 4‑bedroom home, 2‑bedroom unit, and studio
- Current monthly rents: 4‑bedroom home at $1,215, 2‑bedroom unit at $1,150, and studio at $900
- Property described as very low maintenance with low expenses
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
787
Businesses Nearby
Explore this area
Business Placement
Demographics for 85007, AZ
14,442
Population
5,981
Households
2.4
Avg Household Size
36
Median Age
27%
College-Educated
81%
High-School Grad
4.6 sq mi
ZIP Area
3,140
Density / Sq Mi
$55,833
Median Household Income
$43,375
Median Earnings
$1,079
Median Rent
$447,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex with a currently rented 4-bedroom home, 2-bedroom unit, and studio, described as low-maintenance.
Where is this triplex located?
The property is located at 1618 W Papago St Phoenix, AZ.
What are key features of this property?
This property features: Triplex with a currently rented 4‑bedroom home, 2‑bedroom unit, and studio; Current monthly rents: 4‑bedroom home at $1,215, 2‑bedroom unit at $1,150, and studio at $900; Property described as very low maintenance with low expenses
