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29992144
29992145

917 S 5th Ave, Phoenix, AZ 85003

LevRose Commercial Real Estate
Listed by LevRose Commercial Real Estate
$670,000
96 days on market
Updated 8 days ago
Opportunity zone

Downtown Phoenix Duplex Portfolio

Details
APN 112-17-059
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,598
Net Rentable (SqFt) 3,000
Units 2
Cap Rate 6.36%
NOI $42,600
Occupancy 100%
Price per SqFt $186
Broker Co-Op Yes
Year Built 2021
Buildings 1
Stories 2
Lot Size (SqFt) 6,500
Zoning R-5 (Phoenix)
Investment Type Stabilized
Ownership Fee Simple

Multifamily | 2 Units | $335,000/unit

Marketing description

This offering presents a rare opportunity to acquire a newer construction duplex portfolio in the rapidly growing Downtown Phoenix submarket. Built in 2021, the portfolio consists of three duplexes (six total units), each featuring spacious 3-bedroom / 2.5-bathroom floor plans with attached one-car garages and private patios.

Designed to meet strong rental demand for larger, single-family-style living, these well-appointed units offer modern construction, functional layouts, and desirable amenities. The properties are strategically located near Downtown Phoenix and Sky Harbor International Airport, providing convenient access to major employment corridors, transportation routes, and ongoing area redevelopment.

With its newer vintage, low-maintenance construction, and highly marketable unit mix, this portfolio offers investors a compelling blend of stable cash flow and long-term growth potential in one of Phoenix’s most active rental corridors.

Investment highlights

  • Easy to manage Duplex Portfolio

  • Flexible sale options, can be sold individually

  • Potential for Owner-Occupied

  • Potential for Single Family Financing

  • Built in 2021, low maintenance

Listing Contacts

LevRose Commercial Real Estate
Listed by LevRose Commercial Real Estate

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$42,600.00
$3,550.00/mo

Valuation Metrics

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DSCR
6.36%
Cap Rate
6.36%
ROI

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