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2021 W Washington St

Phoenix AZ 85009

Multi-Family
Currently for sale - view listing

Overview

Exceptional value-add opportunity in the heart of Phoenix. Situated on an expansive 14,000 SF lot, this 5-unit multifamily property offers tremendous potential for investors, developers, and owner-operators seeking their next repositioning project. The property requires substantial renovation, creating a true blank canvas for value-add improvements, redevelopment, or adaptive reuse potential. Whether your strategy is long-term hold, multifamily investment, workforce housing, or reimagining the site for its highest and best use, this asset offers exceptional flexibility. Ideally located just minutes from Downtown Phoenix and the Arizona State Capitol, with convenient access to I-10, I-17, Sky Harbor International Airport, the Phoenix Bioscience Core, ASU's Downtown Campus, and the city's major sports and entertainment venues. Positioned within an evolving urban corridor experiencing continued public and private investment, this rare large-lot property combines location, density, and long-term upside. Investment opportunities with this combination of size, proximity to the urban core, and repositioning potential are becoming increasingly difficult to find. Bring your vision and unlock the possibilities.

Features

Multi-Family

Property history for 2021 W Washington St

2026
Sold
$570,000
26 Jan 2026 by Daniel Barraza, of My Home Group Real Estate
2020
Sold
$725,000
24 Jun 2020 by Patricia Ortega, of Keller Williams Professional Partners
2019
Sold
$440,000
02 Jan 2019 by Phillip Shaver, of Go Sold Realty

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, 13 multi families similar to 2021 W Washington St, have been sold.

This represents a 44% increase in multi families sales when compared to the previous 12 months.

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