$799,900

2608 W PIERSON Street, Phoenix, AZ 85017

Multi-Family Home
Built in 1961
—— sqft lot
—— car garage
$——/sqft
Listed 7 hours ago

Property Description

Four at Pierson | W Pierson Street | Phoenix, AZ 85017 Positioned in a high-demand rental corridor just minutes from Grand Canyon University, major parks, and immediate freeway access, Four at Pierson presents a fully remodeled converted fourplex investment opportunity in the heart of Phoenix. This thoughtfully upgraded property consists of four (4) one-bedroom, one-bathroom units, each extensively renovated with updated flooring, modernized kitchens, and refreshed bathrooms. The improvements provide strong tenant appeal while minimizing near-term capital expenditure. All units are currently leased through Home Inc, with rental income ranging from $1,467 to $1,590 per unit, offering stabilized cash flow in a prime university-adjacent location. Recent capital improvements include the full replacement of existing sewer lines, providing a significant infrastructure upgrade and reducing future deferred maintenance risk. Investment Highlights: Fully remodeled fourplex Four 1BR / 1BA units Strong in-place rents: $1,467-$1,590 per unit Sewer lines recently replaced Prime proximity to GCU, parks, retail, and major freeways Professionally managed (Home Inc) Seller Financing Opportunity: Seller is willing to carry $50,000 down and will structure an exact wrap of the existing note at 7.25% interest rate, creating a compelling financing option for qualified buyers. All facts and figures are approximate. Buyer to verify all MLS information and conduct independent due diligence.

Listing Status:: Active
Date Added:: February 11, 2026
Data Last Updated:: February 12, 2026 at 2:09AM
Listing Office:: Get Multifamily : 480-795-7938
Listing Agent:: Sophia J Willets : 561-269-9525
MLS ID:: 6982836

Flooring: Vinyl
A/C: Central AirHeat Pump
Heating: Electric

Parking: <1 Space Per UnitOn StreetParking spaces: 8

Roofing: Composition
General: PaintedBlock

Road/Access: Gravel
Originating MLS: Arizona Regional Multiple Listing Service 2
School District: Alhambra Elementary District
County: Maricopa

Zoning: R-315404017A

Water: City Franchise
Sewer: Public Sewer

Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of Sophia J Willets , Get Multifamily

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Principal & Interest $
Property Taxes $
Home Insurance $
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Location

Schools Nearby

Westwood Elementary School

4711 N 23rd Ave, Phoenix, AZ, 85015

Grades KG-5

0.45 miles away

Granada Elementary School - East Campus

3022 W Campbell Ave, Phoenix, AZ, 85017

Grades 5-8

0.62 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.