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Three-Unit Residential Property
For Sale
$540,000
Pending

3516 West Grant Street, Phoenix, AZ 85009

Residential zoning, central air, natural gas, and ceramic tile serve the property’s multifamily configuration.

Property SizeContact for details
Days on Market140

Property Features for 3516 West Grant Street

General Information

Standard status Pending
Property subtype Multiple Dwellings
Zoning Residential
Net Operating Income $36,359

Units

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

Taxes and HOA fees

Annual Taxes $668

Amenities

Central Air, Ceiling Fan(s), Electric
Natural Gas
Ceramic Tile
Yes
Composition
No Pool
1
3
Painted, Block

Building Details

Year Built 1951
Listing Agency: Real Broker
Listed By: Nikki Arden Rangell · License #SA690372000
Source: Compass
Added: Apr 14 Changed: Aug 30 Last Checked: Aug 30 at 10:29PM

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 Real Broker

Investment Insights

Based on property information with market context.

Built in 1951, this residential property contains three separate units, each arranged with two bedrooms and one bathroom. Two units are occupied, while the remaining residence is vacant and nearing completion of remodeling work.

Recent improvements include a new roof completed last year, along with electrical and plumbing updates in two units during the same period. The property also offers central air, natural gas, and ceramic tile. Residents are responsible for their own gas and electric service, supporting a straightforward operating arrangement for the existing units.

Key Highlights

  • Three separate units, each with 2 bedrooms and 1 bathroom
  • Two units are currently rented; one vacant unit is nearly remodeled
  • New roof completed last year

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Garden Center (Bike/Boat/Book/etc) Store Daycare Center Gym & Fitness Center

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

622
Businesses Nearby

Demographics for 85009, AZ

50,439
Population
14,873
Households
3.4
Avg Household Size
31
Median Age
7%
College-Educated
59%
High-School Grad
14.7 sq mi
ZIP Area
3,431
Density / Sq Mi
$51,615
Median Household Income
$29,674
Median Earnings
$1,128
Median Rent
$215,300
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 - Residential zoning, central air, natural gas, and ceramic tile serve the property’s multifamily configuration.
Where is this triplex located?
The property is located at 3516 West Grant Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: Three separate units, each with 2 bedrooms and 1 bathroom; Two units are currently rented; one vacant unit is nearly remodeled; New roof completed last year
More about this property
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