Fully Remodeled Triplex - Turnkey units with luxury upgrades and modern finishes throughout
Combine for 7 Units - Buy adjacent 4-plex (2122 W Augusta) for a total of 7 income-producing units
Residential Financing Eligible - Two parcels allow for conventional or DSCR loan options
$500K+ in Capital Improvements - Major upgrades already completed—save time and money
Strong Tenant Base - 100% leased with immediate cash flow and rental upside
Energy Efficient Upgrades - Dual-pane windows, new hot water heaters, and updated doors
High-End Interiors - Quartz countertops, stainless steel appliances, wood-like tile floors
Private Outdoor Space - Smooth stucco exterior and rear unit backyards boost tenant appeal
Bonus Storage Income - Two storage units onsite create additional revenue Own Your Piece of Phoenix: Fully Remodeled Triplex Multifamily Opportunity!
Location, Luxury, and Investment Potential Await!
Discover a rare opportunity to own a fully remodeled and leased triplex apartment building nestled in the vibrant heart of North Phoenix. This property (with 2122 W Augusta 4 PLEX available as well) spans two parcels, making it eligible for residential financinga unique advantage for savvy investors and homeowners alike. You could own a total of 7 units with 2 loans and 25% down. Also, available to use a DSCR Loan!
Key Features:
- Modern Interiors: Recently upgraded with fresh paint, wood-like tile flooring, and spacious living/dining areas.
- Energy Efficiency:New dual pane windows, doors, and hot water heaters enhance comfort and reduce utility costs.
- Gourmet Kitchens: Featuring ample cabinets, luxurious quartz countertops, and sparkling stainless steel appliances.
- Comfortable Living: Bedrooms flooded with natural light, upgraded ceiling fans, and walk-in closets.
- Upscale Bathrooms: Completely renovated to offer modern comfort and style.
- Exterior Appeal: Even and smooth stucco finish, with private backyards for the rear units.
- Additional Income Potential: Includes two onsite storage rooms, offering extra revenue streams.
Prime Location:
Located in North Phoenix, where historic charm meets trendy establishments. Enjoy proximity to renowned restaurants, shopping centers, and convenient access to major transportation routes.
Investment Highlights:
- Fully leased with immediate income generation.
-Capital Expenses have been taken care of with over 500K in improvements
- Ideal for residential financing, maximizing investment opportunities.
- Potential for continued growth in a thriving rental market.
Don't Miss Out!
Seize this exceptional opportunity to own a meticulously remodeled 7-unit multifamily property in one of Phoenix's most sought-after neighborhoods. Whether you're looking to invest or searching for a stylish home with income potential, this property promises unmatched value. The price above is for the Triplex only.
Act Now!
Disclaimer: Buyer to verify all facts and figures.
Investment and residential financing subject to lender approval. All information deemed reliable but not guaranteed.
For sale
$855,000
2124 W Augusta Ave, Phoenix, AZ 85021
2beds
3baths
3,736sqft
Est.:
Multi Family
Built in 1947
-- sqft lot
$-- Zestimate®
$229/sqft
$-- HOA
What's special
Modern finishesComfortable livingPrivate outdoor spaceExterior appealLuxury upgradesUpscale bathroomsModern interiors
- 117 days
- on Zillow |
- 132 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: July 31, 2025 at 01:20pm
Listed by:
Linda S Gerchick 602-688-9279,
Gerchick Real Estate
Source: ARMLS,MLS#: 6854236

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
Heating
- Individual, Heat Pump
Cooling
- Ceiling Fan(s), Electric, Heat Pump, Individual
Appliances
- Included: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Features
- Flooring: Ceramic Tile
Interior area
- Total structure area: 3,736
- Total interior livable area: 3,736 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Paved, Free, Add'l Parking Avail, 1 Space/Unit, On Street
- Uncovered spaces: 4
Details
- Parcel number: 15721016D
- Zoning: [R-3] Multiple
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Other, Painted, Stucco, Block
- Roof: Composition
Condition
- Year built: 1947
Utilities & green energy
- Electric: APS, Master Meter
- Sewer: Public Sewer
- Water: Master Meter, City Franchise
Community & HOA
Community
- Features: Other, See Remarks, No Pool
- Subdivision: VISTA INCOME ESTATES 2
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $229/sqft
- Tax assessed value: $259,100
- Annual tax amount: $736
- Date on market: 4/19/2025
- Listing terms: No Carry,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt
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