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1747 E Virginia Ave, Phoenix, AZ, 85006

1747 E Virginia Ave
$950,000

Key Information

$ per SF
$344
Tot. SF
2,760
$ per unit
$238,000
Units
4
Year Built
1971
Type
Apartments
Occupancy
100%

Highlights

  • 4-Unit Multifamily Investment | Built in 1971 – Well-maintained small multifamily asset featuring four total residential units, offering an attractive scale for both seasoned and first-time investors.
  • Desirable Unit Mix: Four (4) 2 Bedroom / 1 Bathroom Units – A highly marketable configuration that appeals to a broad tenant base, supporting stable occupancy and consistent rental demand.
  • Average Unit Size of 690 Square Feet – Efficiently designed floor plans that maximize livability while maintaining strong rent-to-size ratios.
  • Extensively Renovated Interior & Exterior – Property has undergone substantial upgrades, enhancing curb appeal and interior finishes while reducing near-term capital expenditure requirements.
  • In-Unit Washer & Dryer in All Units – A premium amenity that improves tenant convenience, supports higher rents, and reduces turnover.
  • Strategic Location Near Phoenix Children’s Hospital – Close proximity to a major medical employment hub, providing a steady pool of healthcare professionals and support staff.
  • Compelling Mid-Term Rental Opportunity – Ideal for furnished or flexible-term leasing to traveling nurses, medical professionals, and corporate tenants, offering potential for enhanced cash flow.

Photos

Location

Agents

Broker of Record

David Harrington

License # CO701910000 (AZ)
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251