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For sale
  • $1,729,000

    1241 E Adams St, Phoenix, AZ 85034

    6beds
    6baths
    3,000sqft
    : 
    Multi Family
    Built in 1926
    -- sqft lot
    $1,585,100 Zestimate®
    $576/sqft
    $-- HOA

    What's special

    Stylish new kitchensCorner lotLarge corner lotQuartz countertopsCustom cabinetryStainless steel appliancesLuxuriously updated bathrooms
    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.
    23 days
    on Zillow
    |
    316
    |
    14
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 24, 2025 at 08:06am

    Listed by:

    Carrie Lehrman 480-338-9641,

    SRL Group,

    Jaclyn S Wollheim 602-692-1090,

    SRL Group

    Source: ARMLS,MLS#: 6870735MLS Logo

    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 1241 E Adams St.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    Heating
    • Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer
    Features
    • Flooring: Ceramic Tile, Vinyl
    Interior area
    • Total structure area: 3,000
    • Total interior livable area: 3,000 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: 1 Space/Unit
    • Uncovered spaces: 6
    Lot
    • Size: 12 Acres
    • Dimensions: 12
    Details
    • Parcel number: 11645111
    • Zoning: R5

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Painted, Block
    • Roof: Foam
    Condition
    • Year built: 1926

    Utilities & green energy

    • Electric: APS
    • Sewer: Public Sewer
    • Water: Master Meter

    Community & HOA

    Community
    • Features: No Pool
    • Subdivision: COLLINS ADDITION PHOENIX BLOCKS 31-34 & 39-40
    Location
    • Region: Phoenix

    Financial & listing details

    • Price per square foot: $576/sqft
    • Annual tax amount: $504
    • Date on market: 5/23/2025
    • Listing terms: Conventional,VA Loan
    • Ownership: Fee Simple
    • Electric utility on property: Yes
    • Road surface type: Concrete
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