2608 W Pierson Street, Phoenix, AZ 85017
Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
2608 W Pierson Street,Phoenix, AZ 85017
$799,900
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: sophia j willets, garrett pedicini
Office: get multifamily
MLS#:6982836
Source:ARMLS
Price summary
- Price:$799,900
About this home
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 Four at Pierson presents a remodeled (3 out of the 4 units are extensively 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:
(3 out of the 4 units are extensively 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....
Contact an agent
Home facts
- Year built:1961
- Listing ID #:6982836
- Updated:May 14, 2026 at 03:36 PM
Rooms and interior
- Flooring:Vinyl
Heating and cooling
- Cooling:Heat Pump
- Heating:Electric
- Central air:Yes
Structure and exterior
- Year built:1961
- Construction Materials:Block, Painted
Utilities
- Water:City Franchise
Finances and disclosures
- Price:$799,900
- Tax amount:$2,025 (1506)
Parking
- Total parking spaces:8
- Parking description:Less Than 1 Parking Space/Unit
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