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Renovated Triplex with Multiple Yards
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2302 E Willetta St, Phoenix, AZ 85006

Renovated triplex with three units, individual electric meters, and separate yards for each rear and side configuration.

Property SizeContact for details
Days on Market119

Property Features for 2302 E Willetta St

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Get MULTIfamily
Listed By: Patrick O'Sullivan, CCIM · License #BR634211000
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 3:19AM

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.

Newly renovated triplex offering three residential units with individual electric meters. The front unit is a 2-bedroom, the side unit is a 2-bedroom with a large yard, and the rear unit is a 3-bedroom with a large yard. The property also includes an option for additional units in the rear yard.

The asset is surrounded by single-family homes. The public remarks note that the property is near major destinations and access routes, with minutes to freeways and to Scottsdale, Tempe, Downtown Phoenix, ASU, and the airport.

Updates mentioned include new plumbing, new electrical, new A/C units, a new roof, and updated kitchens. The seller notes that the property can remain as rental units or be owner-occupied with other units rented under the existing tenant agreement for management maintenance and repairs.

Key Highlights

  • Newly renovated 3‑unit triplex with solid tenants on 2‑year leases
  • 7.3% CAP ROI stated in the remarks
  • Individual electric meters for each unit

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service (Bike/Boat/Book/etc) Store Electrical Service Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,241
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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Renovated triplex with three units, individual electric meters, and separate yards for each rear and side configuration.
Where is this triplex located?
The property is located at 2302 E Willetta St Phoenix, AZ.
What are key features of this property?
This property features: Newly renovated 3‑unit triplex with solid tenants on 2‑year leases; 7.3% CAP ROI stated in the remarks; Individual electric meters for each unit
(602) 842-5050 Call to check price and availability
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