Serious cash flow potential! This Multi-Family zoned corner lot in Central Phoenix has been reconfigured to potentially offer up to nine rentable bedrooms, including several studio-style units and private rooms with shared or en-suite bathrooms. Two full kitchens serve the main layout, with most units featuring private entrances, closets, and flexible use options—ideal for long-term or short-term rental strategies.
A fully detached 1-bedroom, 1-bathroom guest house with an open layout adds even more rental potential or can serve as an on-site manager unit. Detached 2-car garage and powered shed provide storage or conversion options. Recent improvements include a new roof (2023) and multiple functional upgrades throughout. With strong rental demand in the area and no HOA.Won't last! This is a rare opportunity to build passive income quickly. Buyer to verify zoning, permits, and current use. Shown by appointment only.
For sale
$380,000
1226 W Purdue Ave, Phoenix, AZ 85021
6beds
6baths
2,700sqft
Est.:
Single Family Residence
Built in 2003
7,599 Square Feet Lot
$-- Zestimate®
$141/sqft
$-- HOA
What's special
- 19 days
- on Zillow |
- 2,458 |
- 163 |
Zillow last checked: 7 hours ago
Listing updated: June 12, 2025 at 12:15am
Listed by:
Ailin Sidney 602-800-4946,
Citiea,
Sean O'Carroll 602-370-0321,
Citiea
Source: ARMLS,MLS#: 6878926

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Heating
- Electric
Cooling
- Central Air
Features
- Eat-in Kitchen
- Flooring: Tile
- Has basement: No
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,700
- Total interior livable area: 2,700 sqft
Property
Parking
- Total spaces: 13
- Parking features: RV Gate, Detached
- Garage spaces: 2
- Carport spaces: 1
- Covered spaces: 3
- Uncovered spaces: 10
Features
- Stories: 1
- Patio & porch: Covered, Patio
- Pool features: None
- Spa features: None
- Fencing: Block,Wood
Lot
- Size: 7,599 Square Feet
- Features: Corner Lot, Gravel/Stone Front, Gravel/Stone Back
Details
- Parcel number: 15833130
- Lease amount: $0
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Frame, Painted
- Roof: Composition
Condition
- Year built: 2003
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & HOA
Community
- Subdivision: TERRY LYNN ESTATES
HOA
- Has HOA: No
- Services included: No Fees
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $141/sqft
- Tax assessed value: $169,018
- Annual tax amount: $945
- Date on market: 6/12/2025
- Listing terms: Cash
- Ownership: Fee Simple
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