2242 E Taylor Street, Phoenix, AZ 85006
Local realty services provided by:HUNT Real Estate ERA
2242 E Taylor Street,Phoenix, AZ 85006
$675,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: bradley skenderian
Office: matthews real estate investment services
MLS#:6986273
Source:ARMLS
Price summary
- Price:$675,000
About this home
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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Home facts
- Year built:1944
- Listing ID #:6986273
- Updated:July 20, 2026 at 03:13 PM
Rooms and interior
- Flooring:Ceramic Tile, Vinyl
Heating and cooling
- Cooling:2 or more Cooling Units
- Heating:Electric
- Central air:Yes
Structure and exterior
- Year built:1944
- Construction Materials:Painted, Stucco
Schools
- High school:North High School
- Middle school:Wilson Elementary School
- Elementary school:Wilson Elementary School
Utilities
- Water:City Franchise
Finances and disclosures
- Price:$675,000
- Tax amount:$1,093 (2025)
Parking
- Total parking spaces:10
- Parking description:Free Parking, Less Than 1 Parking Space/Unit, Paved
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