2242 E TAYLOR St, Phoenix, AZ 85006
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Overview
A five-unit multifamily investment opportunity in the heart of Phoenix, Arizona. Originally constructed in 1944, the asset features a mix of 1, 2, and 3 bedroom floor plans. Each of the units have been updated within the last few years; however, future ownership will have the opportunity to capture additional upside through continued interior and exterior renovations. The asset is situated with convenient access to Downtown Phoenix, Sky Harbor International Airport, and major transportation corridors including Loop 202 and I-10. The current cap rate is 7.15% and the seller would be open to carrying with 40% down. An offering memorandum including additional photos is available upon request.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Year built
- 1944
Utilities
- Heating
- Electric
- Cooling
- Multi-split AC, Central Air
- Sewer
- Public Sewer
- Water
- Public Water
Estimated monthly costs
- Insurance
- $125
Taxes
- Tax Annual Amount (2025)
- $1,093
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®#: 6986273 Last checked: …

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