Fully operating short term rental with IMPRESSIVE numbers & great property manager. All furniture and finishes included. 4 separate buildings on 24,000 sf lot. Lot is 85 x 282, so based on rough calculations, and city confirms, between 8-9 units could be built pending approvals from city. Access from 2 streets Virginia Ave & Yale. Could split lot. So many options. Unique Opportunity. NO HOA. Main house 1342sf 3-bed/2-bath , Unit 2 540sf 2 bed/1 bath, Unit 3 & 4 507sf 1bed/1bath casitas. Each unit has a their own fenced in backyard. Property Manager 10% and does a great job. You are not just buying the real estate, you are buying a fully operating Airbnb. Check out the financials. Near 5 major hospital. Ideal location for Traveling Nurses. Could build more units
Sold for $1,290,000 on 11/29/23
$1,290,000
1808 E Yale St, Phoenix, AZ 85006
7beds
5baths
2,896sqft
Multi Family
Built in 1925
-- sqft lot
$1,249,300 Zestimate®
$445/sqft
$2,578 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 30, 2023 at 07:11am
Listed by:
Lauren Rosin 480-744-4604,
eXp Realty,
John P Galaviz 602-902-1490,
eXp Realty
Bought with:
M Claire Gladstein, SA574603000
Jason Mitchell Real Estate
Source: ARMLS,MLS#: 6579638

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
Heating
- Central, Electric
Cooling
- Ceiling Fan(s), Electric
Appliances
- Included: Free-Standing Range, Disposal, Refrigerator, Microwave, Washer/Dryer
Features
- Flooring: Ceramic Tile, Vinyl
Interior area
- Total structure area: 2,896
- Total interior livable area: 2,896 sqft
Property
Parking
- Total spaces: 18.5
- Parking features: Paved, Assigned, >1 Space Per Unit
- Covered spaces: 2.5
- Uncovered spaces: 16
Lot
- Size: 0.55 Acres
- Dimensions: 85 x 282
Details
- Parcel number: 11706026
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Painted, Block
- Roof: Composition
Condition
- Year built: 1925
Utilities & green energy
- Electric: APS
- Sewer: Public Sewer
- Water: City Franchise
Community & neighborhood
Community
- Community features: No Pool
Location
- Region: Phoenix
- Subdivision: GREENFIELD ACRES TRACT 2
Other
Other facts
- Listing terms: No Carry,Conventional,1031 Exchange,FHA,VA Loan
- Ownership: Fee Simple
Sell for more on Zillow
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$1,249,300
2% more+$24,986
With Zillow Showcase(estimated)$1,274,286