Garden-Style Triplex with Renovated
For Sale
$524,600
2334 W MORTEN Avenue, Phoenix, AZ 85021
MULTI_FAMILY - Phoenix, AZ
Property SizeContact for details
Days on Market218
Property Features for 2334 W MORTEN Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3
Parking features
Off Street
Appliances
Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Elementary school district
Washington Elementary School District
Middle school district
Glendale Union High School District
High school district
Glendale Union High School District
Standard status
Active
APN
157-27-019
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
622
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air, Electric, Ceiling Fan(s)
Amenities
in-suite washer/dryer
private patio
storage space
Building Details
Year built
1934
Number of units
3
Flooring type
Laminate
Building materials
Wood Frame, Stucco
Roof type
Composition
Listing Agency:
Gentry Real Estate
(480) 750-9910
Listed By:
James J Yancey · License #SA623899000
(480) 452-6227
Added: Jan 15
Changed: Aug 14
Last Checked: Aug 21 at 6:06PM
MLS# 6970111
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.
Garden-style three-unit triplex built in 1934 and renovated in 2023. The unit mix includes one 1-bed/1-bath unit, one 2-bed/1-bath unit, and one large 1-bed/1-bath casita. Interiors are fully upgraded with white quartz countertops, luxury vinyl-plank flooring, subway tile showers, stainless steel appliances, and in-suite washer/dryer.
Exteriors feature new paint and stucco, along with a large private patio area and dedicated storage space. Off-street parking supports day-to-day tenant access. The property is zoned R3 and is located near Grand Canyon University and Christown Spectrum Shopping Center, with easy access to I-17 and Valley Metro light rail.
For underwriting context, the gross cap rate is listed at 9.19%.
Exteriors feature new paint and stucco, along with a large private patio area and dedicated storage space. Off-street parking supports day-to-day tenant access. The property is zoned R3 and is located near Grand Canyon University and Christown Spectrum Shopping Center, with easy access to I-17 and Valley Metro light rail.
For underwriting context, the gross cap rate is listed at 9.19%.
Key Highlights
- Garden‑style three‑unit triplex built in 1934 and renovated in 2023
- Gross cap rate listed at 9.19%
- Unit mix: one 1‑bed/1‑bath, one 2‑bed/1‑bath, and one large 1‑bed/1‑bath casita
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,181
Businesses Nearby
Explore this area
Business Placement
Demographics for 85021, AZ
40,943
Population
18,136
Households
2.3
Avg Household Size
35
Median Age
33%
College-Educated
87%
High-School Grad
6.9 sq mi
ZIP Area
5,934
Density / Sq Mi
$58,481
Median Household Income
$38,147
Median Earnings
$1,221
Median Rent
$433,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit garden-style property with fully upgraded interiors, new exterior paint and stucco, and off-street parking.
Where is this triplex located?
The property is located at 2334 W MORTEN Avenue Phoenix, AZ.
What is the asking price?
The asking price for this property is $524,600.
What are key features of this property?
This property features: Garden‑style three‑unit triplex built in 1934 and renovated in 2023; Gross cap rate listed at 9.19%; Unit mix: one 1‑bed/1‑bath, one 2‑bed/1‑bath, and one large 1‑bed/1‑bath casita
