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  • $799,900

    2608 W PIERSON Street, Phoenix, AZ 85017

    4beds
    1baths
    2,300sqft
    : 
    Multi Family
    Built in 1961
    -- sqft lot
    $-- Zestimate®
    $348/sqft
    $-- HOA

    What's special

    Updated flooringModernized kitchensRefreshed bathrooms
    Four at Pierson | W Pierson Street | Phoenix, AZ 85017. Positioned in a high-demand rental corridor just minutes from Grand Canyon University, major parks, and immediate freeway access, Four at Pierson presents a Four at Pierson presents a remodeled (3 out of the 4 units are extensively remodeled) converted fourplex investment opportunity in the heart of Phoenix. This thoughtfully upgraded property consists of four (4) one-bedroom, one-bathroom units, each extensively renovated with updated flooring, modernized kitchens, and refreshed bathrooms. The improvements provide strong tenant appeal while minimizing near-term capital expenditure. All units are currently leased through Home Inc, with rental income ranging from $1,467 to $1,590 per unit, offering stabilized cash flow... in a prime university adjacent location. Recent capital improvements include the full replacement of existing sewer lines, providing a significant infrastructure upgrade and reducing future deferred maintenance risk. Investment Highlights: (3 out of the 4 units are extensively remodeled) Fourplex Four 1BR / 1BA units Strong in-place rents: $1,467-$1,590 per unit Sewer lines recently replaced Prime proximity to GCU, parks, retail, and major freeways Professionally managed (Home Inc) Seller Financing Opportunity: Seller is willing to carry $50,000 down and will structure an exact wrap of the existing note at 7.25% interest rate, creating a compelling financing option for qualified buyers. All facts and figures are approximate. Buyer to verify all MLS information and conduct independent due diligence.
    75 days
    |
    138
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Sophia J Willets 561-269-9525,

    Get Multifamily,

    Garrett Pedicini 602-791-9497,

    Get Multifamily

    Source: ARMLS,MLS#: 6982836MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 1
      Heating
      • Electric
      Cooling
      • Central Air, Heat Pump
      Appliances
      • Included: Free-Standing Range, Refrigerator, Microwave
      Features
      • Flooring: Vinyl
      Interior area
      • Total structure area: 2,300
      • Total interior livable area: 2,300 sqft

      Property

      Parking
      • Total spaces: 8
      • Parking features: <1 Space Per Unit, On Street
      • Covered spaces: 4
      • Uncovered spaces: 4
      Lot
      • Size: 8,197.81 Square Feet
      • Dimensions: 62.45 x 131.27
      Details
      • Parcel number: 15404017A
      • Zoning: R-3

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Painted, Block
      • Roof: Composition
      Condition
      • Year built: 1961

      Utilities & green energy

      • Electric: SRP
      • Sewer: Public Sewer
      • Water: City Franchise

      Community & HOA

      Community
      • Features: No Pool
      • Subdivision: ALTRO TERRACE
      Location
      • Region: Phoenix

      Financial & listing details

      • Price per square foot: $348/sqft
      • Tax assessed value: $468,300
      • Annual tax amount: $2,025
      • Date on market: 2/11/2026
      • Cumulative days on market: 75 days
      • Listing terms: Owner May Carry,Conventional,FHA,VA Loan,Wraparound
      • Ownership: Fee Simple
      • Electric utility on property: Yes
      • Road surface type: Gravel
      Get pre-qualifiedBe ready to make an offer.
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        2/11/2026Listed for sale$799,900+0.1%$348/sqft
        Source: ARMLS #6982836 Report a problem
        12/25/2025Listing removed$799,000$347/sqft
        Source: ARMLS #6886804 Report a problem
        11/21/2025Price change$799,000-3.7%$347/sqft
        Source: ARMLS #6886804 Report a problem
        10/7/2025Price change$830,000-3.5%$361/sqft
        Source: ARMLS #6886804 Report a problem
        6/30/2025Listed for sale$860,000+7.5%$374/sqft
        Source: ARMLS #6886804 Report a problem
        2/15/2024Sold$799,900$348/sqft
        Source: ARMLS #6654156 Report a problem
        1/29/2024Listed for sale$799,900$348/sqft
        Source: ARMLS #6654156 Report a problem
        1/27/2024Pending sale$799,900$348/sqft
        Source: ARMLS #6654156 Report a problem
        1/23/2024Listed for sale$799,900+41.6%$348/sqft
        Source: ARMLS #6654156 Report a problem
        8/9/2023Sold$565,000+1514.3%$246/sqft
        Source: Public Record Report a problem
        2/16/2012Sold$35,000-88.2%$15/sqft
        Source: ARMLS #4585895 Report a problem
        3/23/2006Sold$297,000+57.4%$129/sqft
        Source: Public Record Report a problem
        5/16/2005Sold$188,700+43.1%$82/sqft
        Source: Public Record Report a problem
        6/26/2002Sold$131,875+17.2%$57/sqft
        Source: Public Record Report a problem
        10/27/2000Sold$112,500+42.4%$49/sqft
        Source: Public Record Report a problem
        7/30/1996Sold$79,000$34/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,506 +10.1%$46,830 +6%
        2024$1,368 -0.5%$44,180 +411.5%
        2023$1,374 +1.6%$8,637 -60.8%
        2022$1,353 +3.1%$22,060 +0%
        2021$1,313 +1.2%$22,050 +15%
        2020$1,297 +8.3%$19,170 +20%
        2019$1,197 $15,980 +23.3%
        2018$1,197 +1.3%$12,960 -7.8%
        2017$1,182 +10.3%$14,060 +27.6%
        2016$1,072 -5.3%$11,020 +24.9%
        2015$1,132 $8,820 +12.9%
        2014-- $7,810 +62%
        2013-- $4,820 -18%
        2012-- $5,880 -22.2%
        2011-- $7,560 -35.2%
        2010-- $11,660 -35.3%
        2009-- $18,030 -1.7%
        2008-- $18,350 +17.3%
        2007-- $15,650 +43.6%
        2006-- $10,900
        2005-- $10,900 +32.9%
        2004-- $8,200
        2003-- $8,200 +3.1%
        2002-- $7,950

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $4,094/mo
        Principal & interest
        $3821
        Property taxes
        $273
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          Climate risks

          Neighborhood: Alhambra

          Getting around

          70 / 100
          Very Walkable
          43 / 100
          Some Transit
          54 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • District: Alhambra Elementary District

          Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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