1638 South 5th Street Phoenix, AZ 85004

Building Details

Year Built

2006

Listing office Keller Williams Commercial i***@kwcig.com Show Phone

Listing date May 18, 2026

Source Thebrokerlist

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Investment Insights

Based on property information with market context.

This is an opportunity to capitalize on an unoccupied duplex with no shared walls, constructed in the mid-2000s. A refresh could increase rental income, presenting a value-add investment opportunity. Continued migration to the Phoenix metro area supports a strong rental market, with numerous large employers nearby. The property's proximity to sports arenas (MLB, NBA, and WNBA), golfing, shopping, dining, entertainment, museums, and art galleries also makes it suitable for short-term rentals. Easy access to the I-17, US 60, I-10, and Loop 202 freeways provides convenient access for both long-term and short-term rental occupants, as well as potential owner-users. Located in downtown Phoenix, Arizona, the property is surrounded by dining, shopping, and entertainment options, including the Phoenix Art Museum, Heard Museum, and the Arizona Science Center. This urban location offers residential investors the chance to tap into a growing rental market, with residents benefiting from easy access to city amenities. The property also features off-street covered parking.

Key Highlights

• High rental income potential due to strong Phoenix rental market and no shared walls.
• Excellent location with easy access to I‑17, US 60, I‑10 and Loop 202 freeways.
• Proximity to sports arenas, golfing, shopping, dining, entertainment, museums and art galleries.

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FAQs

What type of property is this?

Duplex - Value-add duplex near downtown Phoenix with strong rental potential.

Where is this duplex located?

The property is located at 1638 South 5th Street Phoenix, AZ.

What is the asking price?

The asking price for this property is $529,000.

What are key features of this property?

This property features: High rental income potential due to strong Phoenix rental market and no shared walls.; Excellent location with easy access to I‑17, US 60, I‑10 and Loop 202 freeways.; Proximity to sports arenas, golfing, shopping, dining, entertainment, museums and art galleries.