Residential Income Property with 7
301 East Southern Avenue Phoenix, AZ 85040
For Sale
$899,990
Two buildings totaling seven units offer resident parking and a shared gazebo in a centrally accessible Phoenix location.
Days on Market404
Property Features for 301 East Southern Avenue
General Information
- Standard status
- Active
- Property subtype
- Multiple Dwellings
Building Details
- Year Built
- 1918
Listing Agency:
HomeSmart
(602) 230-7600
Listed By:
Alejandra Mena · License #BR526318000
(602) 230-7600
Source:
Compass
Added: Jun 19, 2025
Changed: Jul 22
Last Checked: Jul 22 at 7:19PM
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 HomeSmart
Investment Insights
Based on property information with market context.
This income-producing residential property consists of two buildings with a total of seven units. The fourplex includes three 1-bedroom, 1-bath units plus one studio unit. The triplex features two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. The property also provides paved resident parking and a gazebo that serves as a common area for relaxation and community gathering.
The property is centrally located with easy access to shopping and bus and light rail routes, supporting convenient commuting. It is approximately 6 miles from the airport and about 5 miles from downtown Phoenix.
Tenants are on month-to-month leases. The total monthly rent collected is $4,825.00, and the public remarks indicate rents are below market.
The property is centrally located with easy access to shopping and bus and light rail routes, supporting convenient commuting. It is approximately 6 miles from the airport and about 5 miles from downtown Phoenix.
Tenants are on month-to-month leases. The total monthly rent collected is $4,825.00, and the public remarks indicate rents are below market.
Key Highlights
- Income‑producing 2‑building multifamily with 7 total residential units
- Unit mix: 4‑plex with three 1 bed/1 bath and one studio; triplex with two 2 bed/1 bath units and one 1 bed/1 bath unit
- Total monthly rent collected: $4,825; rents reported as below market
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Two buildings totaling seven units offer resident parking and a shared gazebo in a centrally accessible Phoenix location.
Where is this quadplex located?
The property is located at 301 East Southern Avenue Phoenix, AZ.
What is the asking price?
The asking price for this property is $899,990.
What are key features of this property?
This property features: Income‑producing 2‑building multifamily with 7 total residential units; Unit mix: 4‑plex with three 1 bed/1 bath and one studio; triplex with two 2 bed/1 bath units and one 1 bed/1 bath unit; Total monthly rent collected: $4,825; rents reported as below market
