1245 E Adams Street Phoenix, AZ 85034
Listing Courtesy of: Arizona Regional MLS / Srl Group

  1245 E Adams Street Phoenix, AZ 85034

Active (68 Days)

Description

Prime Downtown Phoenix 6-Unit Multi-Family Investment - Fully Renovated & Permitted through the City of Phoenix. Every unit has been meticulously updated from the ground up with all new electrical, plumbing, roofs, HVAC systems, and energy-efficient windows, offering peace of mind and modern functionality for years to come. Step inside to find stylish new kitchens featuring stainless steel appliances, custom cabinetry, and quartz countertops, as well as luxuriously updated bathrooms with contemporary finishes. Washer/Dryer's in units. Each unit combines comfort, style, and durability, perfect for attracting quality tenants or operating as a premium rental portfolio Situated on a large corner lot with potential for future subdividing or development, this property offers investors significant long-term upside. Location doesn't get better than thisjust steps to Roosevelt Row's restaurants, art galleries, and nightlife, Banner Medical Center, ASU U of A Downtown Campuses, the Phoenix Financial District, Chase Field, Footprint Center, and all that downtown Phoenix has to offer.

Whether you're looking for a turnkey multi-family asset, a cash-flowing investment in a booming rental market, or future redevelopment potential, this property checks every box.

MLS #:
6870735
Taxes
$1,508
Type
Multifamily
Year Built
1916
County
Maricopa County

Listed By

Carrie Lehrman, Srl Group
Source
Arizona Regional MLS
Last checked Jul 31 2025 at 6:15 AM GMT+0000
Bathroom Details
Heating and Cooling
  • Heat Pump
  • Central Air
Flooring
  • Ceramic Tile
  • Vinyl
Exterior Features
  • Painted
  • Block
  • Roof: Foam
Utility Information
  • Sewer: Public Sewer
School Information
  • Elementary School: Phoenix #1 Iacademy
  • Middle School: Augustus H. Shaw Montessori
  • High School: North High School
Parking
  • 1 Space/Unit
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jul 09, 2025
Price Changed
$1,690,000
-2%
-39,000
May 23, 2025
Original Price
$1,729,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Better Homes and Gardens Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Listing Data Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All Rights reserved
Information Deemed Reliable but not Guaranteed.
ARMLS Last Updated: 7/30/25 23:15.