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Updated Three-Unit Residential Property

1950 E YALE Street, Phoenix, AZ 85006

For Sale
$815,000

Fully leased accommodations include private covered patios and in-unit laundry.

Property SizeContact for details
Days on Market25

Property Features for 1950 E YALE Street

General Information

Standard status Active
Property subtype Multiple Dwellings
Occupancy 100%

Site & Location

Neighborhood Encanto
Highway Access Yes
Public Transit Yes

Units

Unit Mix 2 x 2BR/1BA, 1 x 3BR/2BA
Multifamily Units 3

Additional Details

Tenant in Place Yes

Amenities

private covered patios
front turf areas
in-unit washer and dryer
Listing Agency: Barrett Real Estate
Listed By: Ashley C Sanchez Ochoa
Source: Zanebelden
Added: Oct 16 Changed: Nov 7 Last Checked: Nov 8 at 5:21AM

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 Barrett Real Estate

Rey
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Investment Insights

Based on property information with market context.

This Phoenix triplex contains three leased units: two with 2 bedrooms and 1 bathroom each, and a third with 3 bedrooms and 2 bathrooms. Interior features include wood-look flooring, recessed lighting, neutral color schemes, and kitchens with white shaker cabinets, quartz countertops, stainless steel appliances, and tile backsplashes. Each residence also has a private covered patio, a front turf area, and an in-unit washer and dryer.

The property is at 1950 E Yale Street in Phoenix, near major freeways, downtown Phoenix, Chase Field, ASU, Phoenix Children’s Hospital, shopping, dining, and public transportation.

Key Highlights

  • Three units are fully leased
  • Two 2‑bedroom, 1‑bathroom units and one 3‑bedroom, 2‑bathroom unit
  • Updated kitchens feature quartz countertops, white shaker cabinetry, stainless steel appliances, and tile backsplashes

Property Analytics

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Lease Details

3
Residential units
100%
Occupancy
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
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Market

Properties on Market for Triplexes in Phoenix

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Fully leased accommodations include private covered patios and in-unit laundry.
Where is this triplex located?
The property is located at 1950 E YALE Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $815,000.
What are key features of this property?
This property features: Three units are fully leased; Two 2‑bedroom, 1‑bathroom units and one 3‑bedroom, 2‑bathroom unit; Updated kitchens feature quartz countertops, white shaker cabinetry, stainless steel appliances, and tile backsplashes
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