2223 E ROOSEVELT St, Phoenix, AZ 85006
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Overview
Welcome to Three at Bumbalow - A Rare Triplex Investment in the Heart of Central Phoenix!
Three at Bumbalow presents a unique opportunity to own a recently upgraded triplex in one of Phoenix's most sought-after and rapidly developing neighborhoods.
Ideally located near downtown, major freeways, and light rail access, this property is perfect for investors seeking strong rental income or owner-occupants looking to live in one unit while renting out the others.
This well-maintained property was renovated in 2023 and features three individual units:
Two units with 2 bedrooms and 1 bathroom each, and
One larger unit with 3 bedrooms and 2 bathrooms.
Each unit has its own private entrance and offers a functional floor plan designed for comfortable living. A nice side yard adds outdoor space and potential for further enhancements, such as communal gathering areas or added amenities.
Each unit is equipped with washer and dryer hookups. All the washers, dryers, and refrigerators are included in the sale and convey. The property is currently self-managed, which keeps operating costs low.
This triplex is perfect for both seasoned investors and first-time multifamily buyers looking to enter the market with a well-located, income-producing asset. The units are currently rented at $2,863, $1,550, and $1,985 per month, respectively.
Whether you're looking to expand your real estate portfolio, complete a 1031 exchange, or live in one unit while earning passive income from the others, Three at Bumbalow offers flexibility, stability, and upside in a prime Central Phoenix location.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Year built
- 1952
Utilities
- Heating
- Electric
- Cooling
- Electric, Central Air, Ceiling Fans
- Sewer
- Public Sewer
- Water
- Public Water, See Remarks
Estimated monthly costs
- Insurance
- $125
Taxes
- Tax Annual Amount (2025)
- $923
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Arizona Regional Multiple Listing Service (ARMLS) MLS®#: 7038723 Last checked: …

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.