This upgraded 5-unit property offers day one cash-flow and nearly a 7% cap rate on actuals! Major upgrades have been done to the bones of the property, including a recent replacement of the main sewer line. Cosmetic upgrades include but are not limited to new flooring, interior & exterior paint, kitchen cabinets & countertops, and bathroom tiles & vanities. The property is well managed with government-assisted tenants on annual leases at market rates. Individually metered for electric. Located in an Opportunity Zone near Phoenix Sky Harbor Airport, downtown Phoenix, and I-10 & Loop 202 freeways. To learn more about City of Phoenix Opportunity Zones go to https://www.phoenix.gov/econdev/opportunity-zones. Drive-by only. Please do not disturb tenants.
Sold for $685,000 on 11/15/23
$685,000
2231 E Taylor St, Phoenix, AZ 85006
6beds
5baths
2,240sqft
Multi Family
Built in 1958
-- sqft lot
$798,700 Zestimate®
$306/sqft
$1,989 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: July 01, 2025 at 03:30pm
Listed by:
Colin Kreager 602-714-1353,
ABI Multifamily
Bought with:
Sonya Buerger, SA638787000
HomeSmart
Source: ARMLS,MLS#: 6597018

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
Heating
- Electric
Cooling
- Electric
Appliances
- Included: None
Features
- Flooring: Ceramic Tile
Interior area
- Total structure area: 2,240
- Total interior livable area: 2,240 sqft
Property
Parking
- Total spaces: 6
- Parking features: 1 Space/Unit, On Street
- Uncovered spaces: 6
Details
- Parcel number: 11601073
- Zoning: Multi
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Stucco, Block
- Roof: Composition
Condition
- Year built: 1958
Utilities & green energy
- Electric: City Electric, Individual Meter
- Sewer: Public Sewer
- Water: City Franchise
Community & neighborhood
Community
- Community features: No Pool
Location
- Region: Phoenix
- Subdivision: AVIATION HOMESITES
Other
Other facts
- Listing terms: Conventional,1031 Exchange
- Ownership: Fee Simple
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$798,700
2% more+$15,974
With Zillow Showcase(estimated)$814,674