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Turnkey 3-Unit Multifamily Community
For Sale
$759,000

3020 East Yale Street, Phoenix, AZ 85008

Fully renovated three-unit property with in-unit washer/dryer and updated interiors and exterior improvements throughout.

Property SizeContact for details
Days on Market139

Property Features for 3020 East Yale Street

General Information

Standard status Active
Property subtype Multiple Dwellings
Zoning R3
Net Operating Income $41,000

Site & Location

Highway Access Yes
Fenced Yard Yes

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $1,508

Amenities

in-unit washer and dryer
quartz countertops
laminate wood-style flooring
shaker-style cabinetry
walk-in showers
fresh paint
new asphalt
updated landscaping
perimeter fencing
turf
Electric
Natural Gas
Concrete
Yes
4
3
Composition
Security Light(s)
No Pool
2
Painted, Block

Building Details

Year Built 1961
Tenancy Multi
Listing Agency: Matthews Real Estate Investment Services
Listed By: Bradley Skenderian · License #SA692958000
Source: Compass
Added: Apr 15 Changed: Aug 28 Last Checked: Aug 30 at 11:59PM

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 Matthews Real Estate Investment Services

Investment Insights

Based on property information with market context.

3020 E Yale St presents a fully renovated 3-unit multifamily community originally constructed in 1961. The property has undergone comprehensive interior and exterior upgrades and is currently vacant. Each unit includes modern finishes such as in-unit washer and dryer, quartz countertops, laminate wood-style flooring, new shaker-style cabinetry, and walk-in showers. Exterior improvements include fresh paint, new asphalt, updated landscaping, and the addition of perimeter fencing and turf.

The property is located in the East Phoenix submarket with convenient access to major transportation corridors including Loop 202 and State Route 51. The surrounding area includes retail, dining, and lifestyle amenities, with proximity to Arcadia, the Biltmore Corridor, and Downtown Phoenix. Nearby points of interest include Sky Harbor International Airport, Papago Park, Desert Botanical Garden, and Arizona State University.

This vacancy provides flexibility for immediate leasing upon ownership, including the option for an owner-occupant to reside in one unit while generating income from the remaining units.

Key Highlights

  • Fully renovated 3‑unit multifamily community built in 1961
  • Each unit features in‑unit washer/dryer, quartz countertops, laminate wood‑style flooring, new shaker‑style cabinetry, and walk‑in showers
  • Exterior upgrades include fresh paint, new asphalt, updated landscaping, perimeter fencing, and turf

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Grocery & Convenience Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Pet Grooming Service Garden Center Fish Market

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
Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

900
Businesses Nearby

Demographics for 85008, AZ

59,047
Population
24,508
Households
2.4
Avg Household Size
30
Median Age
24%
College-Educated
75%
High-School Grad
10.2 sq mi
ZIP Area
5,789
Density / Sq Mi
$61,369
Median Household Income
$36,969
Median Earnings
$1,300
Median Rent
$323,600
Median Home Value

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 - Fully renovated three-unit property with in-unit washer/dryer and updated interiors and exterior improvements throughout.
Where is this triplex located?
The property is located at 3020 East Yale Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $759,000.
What are key features of this property?
This property features: Fully renovated 3‑unit multifamily community built in 1961; Each unit features in‑unit washer/dryer, quartz countertops, laminate wood‑style flooring, new shaker‑style cabinetry, and walk‑in showers; Exterior upgrades include fresh paint, new asphalt, updated landscaping, perimeter fencing, and turf
More about this property
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