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Rent-by-Room Triplex
For Sale
$575,000

2755 E ATLANTA Avenue, Phoenix, AZ 85040

MULTI_FAMILY - Phoenix, AZ

Days on Market76

Property Features for 2755 E ATLANTA Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-3
Bedrooms 10
Full bathrooms 5
Rooms Bathroom 5, Bedroom 2, Bathroom 2, Bedroom 8, Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 5, Bedroom 3, Bedroom 7, Bathroom 4, Bathroom 1, Bedroom 10, Bedroom 9, Bedroom 6
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: Jul 25 Last Checked: Jul 30 at 8:06PM
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 rent-by-room tri-plex presents an established operating history of over 6 years. The property’s unit mix includes Unit 101 as a 3-bedroom, 1-bath layout, Unit 102 as a 4-bedroom, 2-bath layout, and Unit 201 as a 3-bedroom, 2-bath layout.

Recent capital improvements include one new AC unit and a new 400 Amp electric panel. Unit 102 received additional updates, including new kitchen cabinets installed in 2020, plus a new hall bath tub and tile.

Located at 2755 E Atlanta Avenue in Phoenix, Arizona 85040, the property is zoned R-3. The seller notes annual rents in the $75,000 to $79,000 range, and financials are available upon request. 2025 financials are attached in the documents tab.

Key Highlights

  • Rent‑by‑room tri‑plex with established rental history and $75,000–$79,000 annual rents (financials available upon request).
  • Recent capital improvements: 1 new AC unit and new 400 Amp electric panel.
  • Unit mix includes a 3BR/1BA unit and a 4BR/2BA unit; Unit 201 is a 3BR/2BA.

Property Analytics

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
Multi-tenant
Tenancy
Turnkey business
Opportunity
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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Rent-by-room triplex with recent AC and electrical panel upgrades and defined unit bedroom and bathroom configurations.
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: Rent‑by‑room tri‑plex with established rental history and $75,000–$79,000 annual rents (financials available upon request).; Recent capital improvements: 1 new AC unit and new 400 Amp electric panel.; Unit mix includes a 3BR/1BA unit and a 4BR/2BA unit; Unit 201 is a 3BR/2BA.
More about this property
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