2414 Coolidge St Phoenix, AZ 85015
- Residential income homes
- 5,909 SF
- 0.83 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 2414 Coolidge St
- Year built
- 1934
- Lot size
- 0.83 lot acres
- Property size
- 5,909 SF
- Property type
- Residential income homes
- Property subtype
- Apartment buildings
Description
This exceptional multifamily investment opportunity presents nine renovated casita-style rental units in Phoenix, Arizona. The property, situated on a 0.83-acre lot at 2414 W Coolidge St, 85015, boasts 5,909 square feet of living space, offering a compelling price per square foot of $411.24 and a price per unit of $270,000. Each unit provides a single-family feel, a significant draw for renters. Recent renovations include new kitchens with updated cabinets and countertops, new flooring throughout, upgraded bathroom vanities, fresh interior and exterior paint, and the installation of in-unit washers and dryers. Built in 1934, these nine individual buildings are constructed of durable masonry. The property benefits from its convenient location, directly east of the I-17 Freeway and south of Camelback Road, providing easy access to major transportation routes. Its proximity to Grand Canyon University, one of the nation's largest universities, ensures a strong and consistent rental demand. This stabilized investment offers a rare blend of classic charm, modern updates, and a highly desirable location, making it an ideal addition to any portfolio. The asking price for this exceptional property is $2,375,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.111
- Latitude
- 33.505
