2612 W Pierson Street, Phoenix, AZ 85017
Local realty services provided by:Better Homes and Gardens Real Estate S.J. Fowler
2612 W Pierson Street,Phoenix, AZ 85017
$649,000
- 5 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: belinda w li, christopher anthony tran
Office: my home group real estate
MLS#:6921067
Source:ARMLS
Price summary
- Price:$649,000
About this home
Fully renovated triplex investment opportunity in Phoenix's 85017 Canyon Corridor. The property underwent a comprehensive refresh just over a year ago and has been meticulously maintained since. Major capital improvements include a new roof (July 2024), all new sewer lines from under-slab to city connection, and updated electrical wiring--rare peace of mind for multifamily in this vintage.
Each unit offers upgraded finishes with new flooring, cabinets, windows (with 2'' faux wood blinds), stainless steel appliances, in-unit stack washer/dryer, and private fenced backyards. Two of the three AC units and all water heaters installed in 2024. The property features block wall construction with metal security gates, a shared courtyard with picnic area, and strong tenant appeal. Currently 100% occupied. Grand Canyon University (GCU) is the neighborhood's dominant demand driver. Enrollment has surged from ~118,000 in 2023 to over 125,000 in 2024, and is projected to exceed 133,000 by 2025-26. The Phoenix campus now houses ~25,000 students, with ~17,000 living in 33 residence halls. GCU's growth generates year-round rental demand, service jobs, and billions in annual economic output for the area. Ongoing Canyon Corridor revitalization through public-private partnerships improving safety, streetscape, and long-term property values. Just off I-17 with direct access to Camelback Rd and 27th Ave. Served by Valley Metro bus routes and a short ride to light rail....
Contact an agent
Home facts
- Year built:1961
- Subdivision & Development:ALTRO TERRACE
- Listing ID #:6921067
- Updated:August 25, 2026 at 03:17 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Flooring:Ceramic Tile
Heating and cooling
- Heating:Electric
- Central air:Yes
Structure and exterior
- Year built:1961
- Construction Materials:Block, Painted
Utilities
- Water:City Franchise
Finances and disclosures
- Price:$649,000
- Tax amount:$1,321 (2024)
Parking
- Total parking spaces:3
- Parking description:1 Parking Space/Unit
New listings near 2612 W Pierson Street
- New
$509,990Active3 beds 2 baths1,396 sq. ft.2218 E Yale Street, Phoenix, AZ 85006
MLS# 7070893Listed by: EXP REALTY - New
$995,000Active5 beds 5 baths3,103 sq. ft.2323 W Duane Lane, Phoenix, AZ 85085
MLS# 7070877Listed by: RUSS LYON SOTHEBY'S INTERNATIONAL REALTY - New
$388,000Active3 beds 2 baths1,280 sq. ft.6443 W Prickly Pear Trail, Phoenix, AZ 85083
MLS# 7070842Listed by: RE/MAX DESERT SHOWCASE - New
$379,900Active3 beds 2 baths1,712 sq. ft.10340 W Hazelwood Avenue, Phoenix, AZ 85037
MLS# 7070827Listed by: ROSEWOOD REALTY LLC
$205,000Pending2 beds 2 baths1,078 sq. ft.8163 W Pierson Street, Phoenix, AZ 85033
MLS# 7070800Listed by: ARETE REALTY & PROPERTY MGMT- New
$485,000Active3 beds 1 baths1,004 sq. ft.2708 N Dayton Street, Phoenix, AZ 85006
MLS# 7070768Listed by: CAMINOS REALTY GROUP - New
$1,121,371Active4 beds 4 baths2,673 sq. ft.18510 N 64th Street, Phoenix, AZ 85054
MLS# 7070780Listed by: K. HOVNANIAN GREAT WESTERN HOMES, LLC - New
$219,999Active2 beds 2 baths1,037 sq. ft.10030 W Indian School Road #255, Phoenix, AZ 85037
MLS# 7070798Listed by: HOMESMART - New
$999,000Active3 beds 3 baths2,494 sq. ft.6521 E Beverly Lane, Scottsdale, AZ 85254
MLS# 7070804Listed by: SILVERLEAF REALTY - New
$165,000Active1 beds 1 baths768 sq. ft.3033 E Devonshire Avenue #2017, Phoenix, AZ 85016
MLS# 7070806Listed by: HOMESMART