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Renovated Triplex with Upgraded Interiors
For Sale
$518,500

325 North 17th Drive, Phoenix, AZ 85007

Three garden-style units feature updated finishes, private laundry, central air, and access to a shared backyard.

Property SizeContact for details
Days on Market351

Property Features for 325 North 17th Drive

General Information

Standard status Active
Property subtype Multiple Dwellings
Zoning R-5
Net Operating Income $50,661

Units

Unit Mix 2 x 1BR/1BA, 1 x 2BR/2BA
Multifamily Units 3

Additional Details

Cap Rate 10.1%

Taxes and HOA fees

Annual Taxes $1,568

Amenities

in-suite washer/dryer
common backyard area
storage
Central Air, Electric
Heat Pump, Electric
Vinyl
Yes
0.0
Composition
No Pool
1
3
Wood Frame, Stucco, Block

Building Details

Year Built 1932
Year Renovated 2024
Construction garden-style
Listing Agency: Gentry Real Estate
Listed By: James J Yancey · License #SA623899000
Source: Compass
Added: Sep 15, 2025 Changed: Aug 30 Last Checked: Aug 31 at 2:08AM

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 Gentry Real Estate

Investment Insights

Based on property information with market context.

This garden-style triplex contains three residential units: two one-bedroom, one-bath residences and one two-bedroom, two-bath residence. Renovated in 2024, the units include white quartz countertops, luxury vinyl-plank flooring, subway tile showers, stainless steel appliances, and in-suite washer and dryer connections. Central air, electric heat pump systems, new windows, stucco, AC units, and a recently installed roof add to the property’s updated physical improvements. Additional features include ample storage and a large common backyard area.

The property is zoned R-5 and positioned in Phoenix’s Roosevelt Arts District. The surrounding area provides access to downtown Phoenix’s cultural venues, dining, and entertainment destinations. The property reflects a 10.1% gross CAP rate based on the information provided.

Key Highlights

  • Three‑unit mix with two 1‑bed/1‑bath units and one 2‑bed/2‑bath unit
  • Renovated in 2024 with white quartz countertops, luxury vinyl‑plank flooring, and subway tile showers
  • Each unit includes stainless steel appliances and an in‑suite washer/dryer

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Pharmacy Garden Center Daycare Center Butcher

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

Location Intelligence

Trade Area within ½ mile

1,425
Businesses Nearby

Demographics for 85007, AZ

14,442
Population
5,981
Households
2.4
Avg Household Size
36
Median Age
27%
College-Educated
81%
High-School Grad
4.6 sq mi
ZIP Area
3,140
Density / Sq Mi
$55,833
Median Household Income
$43,375
Median Earnings
$1,079
Median Rent
$447,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three garden-style units feature updated finishes, private laundry, central air, and access to a shared backyard.
Where is this triplex located?
The property is located at 325 North 17th Drive Phoenix, AZ.
What is the asking price?
The asking price for this property is $518,500.
What are key features of this property?
This property features: Three‑unit mix with two 1‑bed/1‑bath units and one 2‑bed/2‑bath unit; Renovated in 2024 with white quartz countertops, luxury vinyl‑plank flooring, and subway tile showers; Each unit includes stainless steel appliances and an in‑suite washer/dryer
More about this property
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