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110 N 33rd Ave

Phoenix AZ 85009

8
Multi-Family
Currently for sale - view listing

Overview

EXCEPTIONAL INVESTMENT OPPORTUNITY IN A PRIME LOCATION! This single-story, four-unit multifamily property, built in 1953, presents an outstanding value-add opportunity for investors. The property features four 1-bedroom, 1-bath units, all currently vacant and ready for renovation, providing a blank canvas to maximize your investment vision. Prime Location: Conveniently located near US-60 (Grand Avenue) with easy access to I-10, I-17, and Loop 202, offering seamless connectivity throughout the Phoenix metro area. Future Growth Potential: A planned light rail extension along Van Buren is expected to further enhance accessibility and position this property within a growing transit-oriented corridor. Excellent Convenience: Just minutes from Downtown Phoenix and Phoenix Sky Harbor International Airport, making it an attractive location for future tenants seeking easy access to employment, entertainment, and transportation. The property requires renovation to address deferred maintenance, and the competitive list price reflects this exceptional opportunity. With strong rental demand and significant upside potential, this is your chance to transform a distressed asset into a high-performing investment.

Features

8 carspaces
8 open car spaces
Multi-Family

Property history for 110 N 33rd Ave

2023
Sold
$650,000
15 Aug 2023 by Linda Gerchick, of Gerchick Real Estate
2021
Sold
$445,000
26 Feb 2021 by Keith Grayson, of Grayson & Grayson
2020
Sold
$250,000
21 Aug 2020

Happy sellers in Phoenix

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We have insufficient information to provide an overview of customer satisfaction for Phoenix. Viewing the agent profiles, reviews and sales for Phoenix can provide insights for this location.

Local market activity for multi families in Phoenix

In the last 12 months, 14 multi families similar to 110 N 33rd Ave, have been sold.

This represents a 37% increase in multi families sales when compared to the previous 12 months.

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