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Courtesy of Matthews Real Estate Investment Services, Bradley Skenderian Listing Contact: 949-533-5594 
11 Beds
5 Baths

$639,000

2242 E TAYLOR Street, Phoenix AZ, 85006

Built in1944
Property typeMulti-family

Overview

Active

Listed Sep 3, 2026

Updated 4 weeks ago

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.

$4,251/mo

Est. mortgage payment based on a $639,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
7075484

Interior Features

Bedrooms
11
Bathrooms
5
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$1,093
Tax Frequency
Annually
Maintenance Expense
$2,500

Courtesy of Matthews Real Estate Investment Services, Bradley Skenderian

Listing Contact: 949-533-5594 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Desert Momentum Real Estate Collection shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Not representative of the licensee’s transaction history. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

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Data Last Updated: 10:31 PM UTC, 9/3/2026.

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