TURN-KEY, FULLY-LEASED TRIPLEX FOR SALE! Located on a large 8,775 sf lot just off Camelback and 7th Ave in the charming Grandview neighborhood/Melrose District, this well-maintained triplex offers a perfect blend of comfort, convenience, and character. There is a main house in the front with a duplex in the back. Each of the three homes, all of which are currently leased and professionally managed (ask listing agent for details of terms and operating expenses) offers two bedrooms and one bathroom, as well as a host of appealing features. The entire complex boasts fresh exterior paint and low maintenance landscaping.
The front home is 848 sf and rents for $1395 p/mo. The back units are 650 sf each and rent for $1200 p/mo. each. The front home features wood-look vinyl flooring in the living room and both bedrooms offering warmth and setting the tone for the cozy ambiance throughout the light and bright home. The kitchen features all-black appliances and glass-paned hardwood cabinets and ceramic tile. One of the two bedrooms has built in bookshelves making it a versatile space to flex into a library, office, den, or bookworm's paradise if a second bedroom is not needed. There are ceiling fans throughout the home. The front home also features TONS of storage with two large closets in the bedrooms and three closets in the hallway.
Duplex Unit 1 boasts stainless steel appliances, maple hardwood cabinets. Duplex Unit 2 enjoy SS appliances and cherry hardwood cabinets. Both have ceramic tile flooring and ceiling fans throughout.
Each of the three homes also boasts a separate outdoor laundry room, complete with a washer and dryer. All three homes feature gas stoves, dryers, and hot water heaters, making the cost of utilities low. In addition, Unit 1's HVAC was replaced in 2022. Unit 2's HVAC was replaced in 2013.
Located moments from the Light Rail, this location is surrounded by a thriving culinary scene and the vibrant culture that defines Phoenix. Whether dining out or exploring the city, this location is always just moments away from exciting experiences including convenience of being located in Uptown Phoenix, bordering the popular Melrose District, being a short drive from Downtown Phoenix and enjoying the upscale shopping paradise of Biltmore Fashion Park. Easy access to the 17 and 51 freeways ensures navigating the Valley is a breeze, making all your destinations within reach.
Don't miss this incredible opportunity to purchase a turn-key, fully leased property!

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September 30, 2025