Investor Special - Value-Add 4-Plex in Central Phoenix Calling all savvy investors—this Central Phoenix 4-unit multifamily is a rare opportunity in a high-demand rental corridor near 24th St and Thomas. Located in the Avalon subdivision, this property features:
(2) 1-Bed / 1-Bath Units
(1) 3-Bed / 2-Bath Unit
(2) 2-Bed / 1-Bath Unit Covered Parking for 4 + 3 Uncovered SpacesSolid Block Construction | Built in 1960 Property needs work - drive-by only. This is a classic value-add situation with long-term potential. All units are currently rented, but rents are significantly below market. With updates, there's excellent upside on cash flow and property value.
Perfect for buy-and-hold investors looking to improve and stabilize a multifamy asset in a growing area of Phoenix.
For sale
Price increase: $11K (6/7)
$710,000
2301 E Harvard St #4, Phoenix, AZ 85006
5beds
2baths
--sqft
Est.:
Multi Family
Built in 1960
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Covered parking
- 8 days
- on Zillow |
- 149 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: June 06, 2025 at 06:41pm
Listed by:
Aaron Remer 602-321-8662,
eXp Realty
Source: ARMLS,MLS#: 6874180

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Electric
Cooling
- Electric
Appliances
- Included: None
Features
- Flooring: Ceramic Tile, Vinyl
Property
Parking
- Total spaces: 7
- Parking features: Carport
- Has carport: Yes
- Covered spaces: 4
- Uncovered spaces: 3
Details
- Parcel number: 11708024
- Zoning: Multi
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Block
- Roof: Built-Up
Condition
- Year built: 1960
Utilities & green energy
- Electric: APS
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Features: No Pool
- Subdivision: AVALON BLOCKS 5-8
Location
- Region: Phoenix
Financial & listing details
- Annual tax amount: $1,381
- Date on market: 5/31/2025
- Listing terms: Conventional,VA Loan
- Ownership: Fee Simple
- Electric utility on property: Yes
- Loading
- Loading