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2236 North 28th Place

Phoenix AZ 85008

4
4
4
Multi-Family
Currently for sale - view listing

Overview

Renovated, fully occupied duplex in a convenient Central Phoenix location offering immediate rental income and exciting future development potential! This property features two separate 1-bedroom, 1-bathroom units, each with a full kitchen, stainless steel appliances, wood-look vinyl plank flooring, private fenced backyard, washer/dryer hookups, and storage. Both units are separately metered, with existing leases extending into mid-2027. Situated on a 7,526 sq. ft. parcel zoned R-4 multifamily, the property includes additional unused land behind the existing duplex, creating an opportunity for investors and developers to explore expansion or redevelopment. Potential concepts include adding two additional 1-bedroom, 1-bathroom units, building a larger 2-bedroom, 2-bathroom unit with a private yard, or redeveloping the property into a modern multifamily investment property. Buyers may also explore single-family redevelopment possibilities. Ideally located near SR-51, I-10, Downtown Phoenix, and the Biltmore area, with convenient access to shopping, dining, and entertainment. Enjoy rental income today while exploring the possibilities for tomorrow!

Features

4 bedrooms
4 bathrooms
4 carspaces
4 open car spaces
Multi-Family

Property history for 2236 North 28th Place

2024
Rented
Undisclosed
02 Sep 2024 by On Q Property Management

Happy sellers in Phoenix

100%
100% of sellers in Phoenix reported that their sale price either exceeded or met their price expectations.

Phoenix stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Phoenix over the last 12 months.

Local market activity for 4 bedroom multi families in Phoenix

In the last 12 months, 1 four-bedroom multi family similar to 2236 North 28th Place, have been sold.

This represents a 50% increase in four-bedroom multi families sales when compared to the previous 12 months.

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