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$785,000
11 Days On Site

2242 E TAYLOR Street
Phoenix, AZ 85006

For Sale|Multi Family|Active
0
Beds
0
Total Baths
1944
Built
Subdivision:
AVIATION HOMESITES
County:
Maricopa

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602-688-7388
2242 E TAYLOR Street2242 E TAYLOR Street2242 E TAYLOR Street2242 E TAYLOR Street
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A five-unit multifamily investment opportunity in the heart of Phoenix, Arizona. Originally constructed in 1944, the asset features a mix of 1, 2, and 3 bedroom floor plans. Each of the units have been updated within the last few years; however, future ownership will have the opportunity to capture additional upside through continued interior and exterior renovations. The asset is situated with convenient access to Downtown Phoenix, Sky Harbor International Airport, and major transportation corridors including Loop 202 and I-10. The current cap rate is 7.15% and the seller would be open to carrying with 40% down. An offering memorandum including additional photos is available upon request.

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Listing Snapshot
Price 
$785,000
Days On Site 
11 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1944
MLS® Number 
6986273
Status 
Active
Property Tax 
$1,093
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Cross Street 
24th St & Van Buren St
Disclosures 
None
Parking 
Paved
Parking Spaces 
10
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Zoning 
R-4
Interior Features
Appliances 
Built-In RangeDisposalRefrigerator
Cooling 
Central AirMulti Units
Flooring 
Ceramic TileVinyl
Heating 
Electric
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Exterior Features
Construction Details 
Stucco
Roof 
Composition
Community Features
Financing Terms Available 
Owner May CarryConventional1031 Exchange
Roads 
Asphalt
School District 
Phoenix Union High School District
Township 
1N
Schools
School District
Phoenix Union High School District
Elementary School
Wilson Elementary School
Middle School
Wilson Elementary School
High School
North High School
Listing courtesy of Matthews Real Estate Investment Services.



All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Last checked: 2026-03-02 08:21 PM UTC

Neighborhood & Commute
Source: Walkscore
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