2242 E TAYLOR Street, Phoenix, AZ 85006
2242 E TAYLOR Street, Phoenix, AZ 85006
2242 E TAYLOR Street, Phoenix, AZ 85006
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$785,000
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2242 E TAYLOR Street Phoenix, AZ 85006

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Tanya Hoffman

Tanya Hoffman

+1(480) 710-6955

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Aviation Homesites

MLS Listing ID 6986273

Maintenance Fees $2,500

Year Built 1944

Annual Tax Amount $1,093

Tax Year 2025

Lot Dimensions 56.18 X 166.39 X 57.45

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

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.

Location

State AZ

County Maricopa

Community Aviation Homesites

Area Maricopa

Zoning R-4

Interior

Heating Electric

Cooling Central Air, 2 or More Units

Flooring Ceramic Tile

Appliance Built-In Range, Disposal, Refrigerator

Exterior

Exterior Feature Sidewalk(s)

Parking Features Paved, Free, <1 Space Per Unit

Community Features No Pool

Roof Type Composition

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

Structure Type Sidewalk(s)

New Construction No

Schools

Elementary Schools Wilson Elementary School

Middle Schools Wilson Elementary School

High Schools North High School

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 116-01-043

Acceptable Financing Owner May Carry, Conventional, 1031 Exchange

Disclosures None

Listing Terms Owner May Carry, Conventional, 1031 Exchange

Arizona Regional MLS (ARMLS)

Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by Matthews Real Estate Investment Services • Bradley Skenderian

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2242 E TAYLOR Street