108 S 22ND Avenue, Phoenix, AZ 85009

$178,000
Property Type: Multiple Dwellings Bedrooms: 2 Baths: 2 Status: Closed
Current Price: $178,000 Last Modified: 10/07/2026

Overview

Description

Rare Investment Opportunity: Prime Multi-Family Package in Phoenix Unlock exceptional value with this versatile investment opportunity located in central Phoenix. Conveniently positioned with easy access to Downtown Phoenix, I-10, local dining, public transit, and major employment hubs. This property is a brick duplex featuring 2 separate units, each configured as a 1-bed, 1-bath layout with a fireplace. Needs renovation-perfect for investors looking to add value, update finishes, and bring rents up to market rate to maximize monthly cash flow. The adjacent vacant lot (2203 W JEFFERSON ST, Phoenix, AZ 85009), also zoned for multi-family residential (MLS 6871932), is being sold TOGETHER as a package deal. Develop the lot to build additional income-producing units and and expand your ren

Supplements: Develop the adjacent multi-family lot to build additional income-producing units and expand your rental portfolio. Whether you are looking to fix-and-hold for steady passive income or develop the adjoining parcel for maximum yield, this dual-parcel opportunity is built for high returns.

Listing Details MLS# 7079408

Location, Tax & Legal

House Number
108
Compass
S
Street Name
22ND
St Suffix
Avenue
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85009
Zip4
5231
Country
US
County Code
Maricopa
Subdivision
CAPITOL ADDITION
Assessor Number
109-48-096
Tax Year
2025

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
84.72 ft by 50.44 ft
Year Built
1921
Total # of Units
2
# of Buildings
Yes
Zoning
R-5
Flood Zone
Yes
Elementary School District
Phoenix Elementary District
High School District
Phoenix Union High School District
Elementary School
Mary Mcleod Bethune School
Jr. High School
Mary Mcleod Bethune School
High School
Metro Tech High School

Remarks Misc

Cross Street
22nd Avenue and Jefferson St
Directions
Go East onJefferson St from I17, turn south on 22nd Avenue, duplex is on your right.

Status Change Info

Off Market Date
2026-10-06
Under Contract Date
2026-09-23
Close of Escrow Date
2026-10-06

Legal Info

Township
1N
Range
2E
Section
12
Lot Number
Yes

More Information

1 Bedroom Units

# 1 Bedroom Units
2
Avg SqFt
813
# Baths
Yes

Structure

Bedrooms Total
2
Bathrooms Total
2

Showing Notification Methods

Showing Service
Aligned Showings

Sold Info

Loan Type
Cash
Payment Type
Other
Closing Cost Split
Buyer - B
Buyer Concession $/%
$
Seller Concession $/%
$

Property Features

Project Type: Duplex Construction: Wood Frame; Brick Const - Finish: Brick Veneer Roofing: Composition Floors: Vinyl; Wood; Carpet Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Fenced Appliances Included: None Heating: Forced Air Cooling: Heat Pump Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: None Road Access Type: Alley; City Street Road Surface Type: Dirt; Asphalt Road Responsibility: City Maintained Road Owner Pays: None Tenant Pays: None Source of Fincl Data: Owner Lockbox Type: None Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Environmental: None
IDX
Listing Office: Russ Lyon Sotheby's International Realty
Office Phone: 480-287-5200
Office Email: bret.lamberson@russlyon.com
Last Updated: October - 07 - 2026
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