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Income-Producing Triplex with Improvements
For Sale
$575,000

2755 E ATLANTA Avenue, Phoenix, AZ 85040

Multiple Dwellings, Phoenix, AZ

Property SizeContact for details
Days on Market144

Property Features for 2755 E ATLANTA Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-3
Bedrooms 9
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 3, Bedroom 6, Bedroom 5, Bathroom 1, Bathroom 5, Bathroom 4, Bedroom 8, Bedroom 7, Bathroom 2, Bedroom 4, Bedroom 9, Bathroom 3, Bedroom 2, Bedroom 1
Parking features Off Street
Appliances Free-Standing Range
Subdivision BEN-JO ESTATES LOTS 1-10 33-52 75-94
Elementary school district Roosevelt Elementary District
Middle school district Phoenix Union High School District
High school district Phoenix Union High School District
Directions Google Maps
Standard status Active
APN 122-55-097

Taxes and HOA fees

Tax Year 2025
Tax Description BEN-JO ESTATES E2 LOT 146
Tax Annual Amount 973
Legal Description BEN-JO ESTATES E2 LOT 146

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Heat Pump

Building Details

Year built 1985
Number of units 3
Flooring type Tile
Building materials Wood Siding, Wood Frame, Stucco
Roof type Composition
Listing Agency: eXp Realty
Listed By: Kevin T Langan · License #SA632130000
Added: May 16 Changed: Sep 24 Last Checked: Oct 6 at 3:06PM
MLS# 7030068

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.

This 1985 triplex comprises three separately configured residential units. Unit 101 includes three bedrooms and one bathroom, while Unit 102 offers four bedrooms and two bathrooms. Unit 201 is arranged with three bedrooms and two bathrooms. The property has tile flooring, wood-frame construction with wood siding and stucco, composition roofing, heat-pump heating and cooling, and off-street parking.

The asset has operated as a room-rental property for more than six years. Recent improvements include a new AC unit, a 400 Amp electric panel, kitchen cabinets installed in Unit 102 in 2020, and a replacement hall bathroom tub and tile in that unit. The property is served by public sewer and carries R-3 zoning.

Key Highlights

  • Three‑unit multifamily property with more than 6 years of room‑rental operating history
  • Unit 101: 3 bedrooms and 1 bathroom; Unit 102: 4 bedrooms and 2 bathrooms
  • Unit 201 includes 3 bedrooms and 2 bathrooms

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Pharmacy Nail Salon Grocery & Convenience 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
Heavy power

Location Intelligence

Trade Area within ½ mile

636
Businesses Nearby

Demographics for 85040, AZ

33,993
Population
11,962
Households
2.8
Avg Household Size
30
Median Age
15%
College-Educated
69%
High-School Grad
10.1 sq mi
ZIP Area
3,366
Density / Sq Mi
$57,890
Median Household Income
$36,355
Median Earnings
$1,193
Median Rent
$294,800
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 residential units with established room-rental operations and recent electrical and HVAC upgrades.
Where is this triplex located?
The property is located at 2755 E ATLANTA Avenue Phoenix, AZ.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Three‑unit multifamily property with more than 6 years of room‑rental operating history; Unit 101: 3 bedrooms and 1 bathroom; Unit 102: 4 bedrooms and 2 bathrooms; Unit 201 includes 3 bedrooms and 2 bathrooms
More about this property
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