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1950 E YALE Street, Phoenix, AZ, 85006

7beds
4baths
2,450sqft
$840,000
$343price/sqft
$6,306/moest. monthly cost
$252,240/yrincome needed

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

44
WalkingCar-Dependent
47
TransitSome Transit
63
BikeBikeable

Schools

3/10
2/10
North High SchoolGrades 9-121.2 mi

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