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347 North 16th Avenue, Phoenix, AZ, 85007
Phoenix Triplex Investment Opportunity

347 North 16th Avenue Phoenix, AZ 85007

For Sale
$375,000

Cash-flowing triplex near downtown Phoenix with value-add potential.

Days on Market242

Property Features for 347 North 16th Avenue

General Information

Standard status
Active
Property subtype
Multiple Dwellings

Building Details

Year Built
1951
Listing Agency: McMath Realty LLC
Listed By: Tyler Nick · License #SA650467000
Source: Compass
Added: Nov 27, 2025 Changed: Jul 10 Last Checked: Jul 26 at 1:54PM

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 McMath Realty LLC


Investment Insights

Based on property information with market context.

This property presents an opportunity to own a cash-flowing, low-maintenance triplex located near downtown Phoenix. The property features two 2-bedroom, 1-bath units and one renovated 1-bedroom, 1-bath unit. On-site laundry facilities are available. Situated on a corner lot, the property comprises two buildings. The property benefits from strong rents and consistent, stable tenants. There is an opportunity for value-add improvements and rent increases.

Key Highlights

  • Cash‑flowing triplex near downtown Phoenix.
  • Low‑maintenance property with strong rents and stable tenants.
  • Two 2‑bedroom, 1‑bath units and one renovated 1‑bedroom, 1‑bath unit.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher Nail Salon (Bike/Boat/Book/etc) Store Dental Office Carpet & Flooring Store Pet Store & Service Barber Shop (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Cash-flowing triplex near downtown Phoenix with value-add potential.
Where is this triplex located?
The property is located at 347 North 16th Avenue Phoenix, AZ.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Cash‑flowing triplex near downtown Phoenix.; Low‑maintenance property with strong rents and stable tenants.; Two 2‑bedroom, 1‑bath units and one renovated 1‑bedroom, 1‑bath unit.
More about this property
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