2242 E TAYLOR Street, Phoenix, AZ 85006

Property Description

A five-unit multifamily investment opportunity in the heart of Phoenix, Arizona. Originally constructed in 1944, the asset features a mix of 1, 2, and 3 bedroom floor plans. Each of the units have been updated within the last few years; however, future ownership will have the opportunity to capture additional upside through continued interior and exterior renovations. The asset is situated with convenient access to Downtown Phoenix, Sky Harbor International Airport, and major transportation corridors including Loop 202 and I-10. The current cap rate is 7.15% and the seller would be open to carrying with 40% down. An offering memorandum including additional photos is available upon request.

Listing Status:

Active

Date Added:

February 18, 2026

Data Last Updated:

March 1, 2026 at 12:06AM

Listing Office:

Matthews Real Estate Investment Services : 310-388-0788

Listing Agent:

Bradley Skenderian :

MLS ID:

6986273

Interior

• Flooring: Ceramic TileVinyl
• A/C: Central Air2 or More Units
• Heating: Electric

Exterior

• General: Sidewalk(s)
• Parking: PavedFree<1 Space Per UnitParking spaces: 10

Construction

• Roofing: Composition
• General: Wood FramePaintedStucco

Location

• Road/Access: Asphalt
• Originating MLS: Arizona Regional Multiple Listing Service 2
• School District: Wilson Elementary District
• County: Maricopa

Lot

• Zoning: R-411601043

Utilities

• Water: City Franchise
• Sewer: Public Sewer

Financial

• Source: Arizona Regional Multiple Listing Service 2