1638 S. 5th Street
Multifamily | 2 Units
Marketing description
Opportunity to capitalize on an unoccupied duplex with no shared walls built in the mid 2000's. A refresh will go a long way to acquiring top dollar rent making a compelling case for a value add investment. Ongoing migration to the metro Phoenix area continues to support a strong rental market and plentiful, large, recession proof employers are nearby. Alternatively, the proximity to sports arenas (MLB, NBA and WNBA), golfing, shopping, dining, entertainment, museums and art galleries make these homes ideal short term rental properties. Easy access to the 1-17, US 60, 1-10 and Loop 202 freeways ensure this offering is attractively situated for both long and short term rental occupants or a savvy owner user.
Discover the vibrant energy of downtown Phoenix, AZ, where urban living meets cultural richness. The surrounding area offers a dynamic mix of dining, shopping, and entertainment options, with attractions such as the Phoenix Art Museum, Heard Museum, and the Arizona Science Center just moments away. This thriving urban locale provides a prime opportunity for residential investors to tap into a burgeoning rental market while offering residents easy access to the exciting amenities of the city. With its ideal blend of convenience and culture, the area surrounding the property embodies the essence of modern urban living in Phoenix.
Investment highlights
- Fantastic freeway access
- Community revitalization in full swing
- Huge upside potential - strong rental demand
- Off street covered parking on property
- No HOA!!!
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?












