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Triplex with Standalone Front Home
New
For Sale
$585,000

1923 E YALE Street, Phoenix, AZ 85006

Multiple Dwellings, Phoenix, AZ

Property SizeContact for details
Days on Market3

Property Features for 1923 E YALE Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R3
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bedroom 5, Bathroom 1, Bathroom 4, Bathroom 2, Bedroom 4, Bathroom 3, Bedroom 2, Bedroom 1
Parking features RV, On Street
Appliances Free-Standing Range, Refrigerator, Microwave
Subdivision GIBBONS PLACE
Elementary school William T Machan Elementary School
Middle school Biltmore Preparatory Academy
Elementary school district Creighton Elementary District
Middle school district Phoenix Union High School District
High school district Phoenix Union High School District
Directions From the 51 Freeway, Exit Westbound on Thomas, on to 20th Street South, turn right/west on E Yale St, Home on the left hand side!
Standard status Active
APN 117-06-001

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 1 GIBBONS PLACE MCR 005309
Tax Annual Amount 1096
Legal Description LOT 1 GIBBONS PLACE MCR 005309

Utilities

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

Building Details

Year built 1964
Number of units 3
Flooring type Vinyl, Tile, Laminate
Building materials Stucco, Block
Roof type Composition
Listing Agency: Real Broker
Listed By: Phillip J Norris · License #SA675423000
Added: Sep 24 Last Checked: Sep 26 at 7:06AM
MLS# 7084803

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.

Built in 1964, this R3-zoned property contains three residences across two buildings. The front structure is a standalone three-bedroom, one-bath home; behind it, a separate building holds two one-bedroom, one-bath apartments. Updates include flooring, interior paint, landscaping, and air-conditioning systems. Finishes include vinyl, tile, and laminate flooring, with central air and ceiling fans.

The property is next to Phoenix Children’s Hospital and offers access to Downtown and major freeways. Public sewer serves the site. Parking options include RV and on-street parking.

Key Highlights

  • Three residences: a standalone 3‑bedroom, 1‑bath home and two 1‑bedroom, 1‑bath apartments
  • Two‑building configuration, with the home in front and apartments in the rear
  • Zoned R3; built in 1964

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Veterinary Clinic Florist Butcher (Bike/Boat/Book/etc) Store Pet Grooming Service Clothing & Fashion Store

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,282
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 - Three separate residences combine a detached home with two apartments in a rear building.
Where is this triplex located?
The property is located at 1923 E YALE Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Three residences: a standalone 3‑bedroom, 1‑bath home and two 1‑bedroom, 1‑bath apartments; Two‑building configuration, with the home in front and apartments in the rear; Zoned R3; built in 1964
More about this property
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