3020 E Yale Street, Phoenix, AZ 85008
- $759,000
- List Price
- $759,000
- Status
- ACTIVE
- Price Change
- ▼ $21,000 1784767334
- Days on Market
- 123
- MLS#
- 7014168
- City
- Phoenix
- Year Built
- 1961
Property Description
Fully renovated 3-unit apartment community located in the desirable East Phoenix Submarket. Originally built in 1961, the property has undergone comprehensive interior + exterior upgrades, positioning it as a turnkey investment in a strong rental submarket. Interior upgrades include in-unit GE washer/dryer, quartz countertops, laminate wood-style flooring, brand-new shaker-style cabinetry, and walk-in tile showers. Exterior improvements include fresh paint, new asphalt, updated landscaping, and the addition of perimeter fencing and turf, enhancing curb appeal and while minimizing future capital needs. Each unit is currently fully vacant, providing a great opportunity for either an owner-occupant or investor to immediately implement a tailored leasing strategy. Owner/Agent
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Additional Information
- Taxes
- $1,508
- Net Operating Income
- $41,000
- Cap Rate
- 5.4
- Units
- 3
- Parking Features
- 1 Space/Unit, Carport, On Street
- Construction
- Block, Painted
- Roofing
- Composition
- Cooling
- Electric
- Heating
- Natural Gas
- Zoning
- R3
- Subdivision
- Cardinal Tract
- Community Features
- No Pool
- Electric
- Individual Meter, SRP
- Water
- Master Meter, City Franchise
- Tenant Pays
- Electricity, Gas
- New Financing
- VA Loan, FHA, Conventional, 1031 Exchange, Cash
- Elementary School
- Monte Vista Elementary School
- Middle School
- Monte Vista Elementary School
- High School
- Camelback High School
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Listing courtesy of Matthews Real Estate Investment Services.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.