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Renovated Triplex with Private Entrances
For Sale
$700,000

2223 E ROOSEVELT Street, Phoenix, AZ 85006

Multiple Dwellings, Phoenix, AZ

Property SizeContact for details
Days on Market146

Property Features for 2223 E ROOSEVELT Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-5
Bedrooms 7
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 6, Bathroom 1, Bedroom 2, Bathroom 2, Bathroom 5, Bedroom 5, Bathroom 4, Bedroom 7, Bedroom 4, Bedroom 3, Bathroom 3, Bedroom 1, Bedroom 6
Exterior features Sidewalk(s)
Appliances Free-Standing Range, Refrigerator, Washer/Dryer, W/D Hookup
Subdivision BUMBALOW HEIGHTS BLK 1
Elementary school Excelencia School
Middle school Excelencia School
High school North High School
Elementary school district Creighton Elementary District
Middle school district Phoenix Union High School District
High school district Phoenix Union High School District
Directions EAST ON ROOSEVELT ST.. PROPERTY ON THE SOUTH SIDE.
Standard status Active
APN 116-03-013

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description BUMBALOW HTS
Tax Annual Amount 923
Legal Description BUMBALOW HTS

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Electric, Ceiling Fan(s)

Amenities

washer and dryer hookups
side yard

Building Details

Year built 1952
Number of units 3
Flooring type Tile - Ceramic
Building materials Painted, Stucco, Block
Roof type Composition
Buildings 1
Listing Agency: West USA Realty
Listed By: Josiah Miller · License #SA707699000
Added: Jun 7 Changed: Oct 27 Last Checked: Oct 30 at 12:06PM
MLS# 7038723

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.

Rey
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Investment Insights

Based on property information with market context.

This three-unit multifamily property includes two residences with 2 bedrooms and 1 bathroom each, plus a third residence with 3 bedrooms and 2 bathrooms. The building was renovated in 2023 and provides separate entrances for all units. Interior features include ceramic tile flooring, electric heating, ceiling fans, and electric cooling. Washer and dryer hookups are available in each residence, while refrigerators, washers, and dryers convey with the sale.

The property is located at 2223 E Roosevelt Street in Phoenix, near downtown, major freeways, and light rail access. A side yard provides additional exterior space. The building was constructed in 1952, has stucco and block construction, a composition roof, and public sewer service. Zoning is R-5.

Key Highlights

  • Three‑unit configuration: two 2‑bedroom/1‑bath units and one 3‑bedroom/2‑bath unit
  • Renovated in 2023; original construction dates to 1952
  • Separate private entrances serve all three residences

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,579
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
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Market

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 - R-5-zoned multifamily property with ceramic tile flooring, public sewer service, and laundry hookups serving each residence.
Where is this triplex located?
The property is located at 2223 E ROOSEVELT Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Three‑unit configuration: two 2‑bedroom/1‑bath units and one 3‑bedroom/2‑bath unit; Renovated in 2023; original construction dates to 1952; Separate private entrances serve all three residences
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