1950 E YALE Street, Phoenix, AZ, 85006
About This Home
Excellent investment opportunity in the heart of Phoenix! This centrally located triplex offers strong rental appeal and immediate income potential, as all units are currently fully leased. The property features two units with 2 bedrooms and 1 bathroom, plus a spacious third unit offering 3 bedrooms and 2 bathrooms — ideal for attracting a variety of tenants. Each unit has been thoughtfully updated with modern finishes, including wood-look flooring, neutral color palettes, recessed lighting, and stylish kitchens complete with white shaker cabinetry, quartz countertops, stainless steel appliances, and tile backsplash. Residents enjoy private covered patios, front turf areas, and the convenience of in-unit washer and dryer — features that enhance tenant satisfaction and retention. Situated near major freeways, downtown Phoenix, Chase Field, ASU, Phoenix Children's Hospital, shopping, dining, and public transportation, this property offers both convenience and long-term desirability. Easy to manage and located in a high-demand rental corridor, this is an ideal addition to any investment portfolio. Don't miss this opportunity to own a well-maintained multi-family property in a prime central location!
Getting Around
Car-Dependent
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1961
Materials
- Roof: Composition
- Construction materials: Painted,Block
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Disposal,Dishwasher,Refrigerator,Microwave,Washer/Dryer
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 4
Features
- Flooring: Ceramic Tile
Heating & Cooling
- Heating features: Electric
- Cooling features: Ceiling Fan(s),Electric
Interior Area
- Total structure area: 2,450
- Total interior livable area: 2,450 sqft
Property
Details
- Parcel number: 11706112A
- Zoning: 0
Lot
- Lot size: 8,468 sqft
- Lot size dimensions: 8468
Parking
- Total spaces: 5
- Parking features: Paved,On Street
- Has uncovered spaces: Yes
- Uncovered spaces: 5
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Maricopa County and Arizona
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,121 | $49,452 |
| Home Insurance | $253 | $3,036 |
| Property Taxes | $1,494 | $17,928 |
| Electricity | $259 | $3,113 |
| Total | $6,127 | $73,524 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-05 | Price change | $840,000 |
| 2026-02-14 | Listed for sale | $850,000 |
| 2025-05-21 | Listing removed | $950,000 |
| 2025-03-28 | Price change | $950,000 |
| 2025-02-28 | Price change | $975,000 |
| 2024-10-15 | Price change | $990,000 |
| 2024-04-12 | Listed for sale | $1,000,000 |
| 2024-04-09 | Pending sale | $1,000,000 |
| 2024-03-19 | Listed for sale | $1,000,000 |
| 2023-11-22 | Listing removed | $950,000 |
| 2023-05-23 | Price change | $950,000 |
| 2023-03-22 | Price change | $999,000 |
| 2023-03-08 | Price change | $1,050,000 |
| 2023-01-14 | Listed for sale | $1,100,000 |
| 2022-06-09 | Sold | $750,000 |
| 2022-05-06 | Sold | $500,000 |
| 2014-02-28 | Sold | $123,700 |
| 2014-02-04 | Listed for sale | $139,000 |
| 2012-01-09 | Sold | $50,700 |
| 2011-08-09 | Sold | $57,150 |
| 2000-06-22 | Sold | $113,000 |
| 1998-09-30 | Sold | $88,000 |
| 1997-03-28 | Sold | $64,000 |
| 1995-08-18 | Sold | $54,000 |
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