2242 E Taylor Street, Phoenix, AZ 85006

Phoenix
Local realty services provided by:HUNT Real Estate ERA
2242 E Taylor Street,Phoenix, AZ 85006
$639,000
  • 11 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: bradley skenderian
Office: matthews real estate investment services
MLS#:7075484
Source:ARMLS

Price summary

  • Price:$639,000

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
  • Subdivision & Development:AVIATION HOMESITES
  • Listing ID #:7075484
  • Updated:September 03, 2026 at 11:45 PM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:5
  • 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:$639,000
  • 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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