108 S 22ND Avenue, Phoenix, AZ 85009

$220,000
Property Type: Multiple Dwellings Bedrooms: 2 Baths: 2 Status: Active
Current Price: $220,000 Last Modified: 9/18/2026

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
Assessor's Map #
48
Legal Description (Abbrev)
CAPITOL S 50' OF LOT 1 & E 35' OF S 50' OF LOT 2 BLK 40
Assessor's Parcel #
96
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
114402
Taxes
1061
Legal
CAPITOL S 50' OF LOT 1 & E 35' OF S 50' OF LOT 2 BLK 40
Marketing Name
Capitol Addition

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
Uncvrd Parking Spcs
0

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.

Legal Info

Township
1N
Range
2E
Section
12
Lot Number
Yes

1 Bedroom Units

# 1 Bedroom Units
2
Avg SqFt
813
# Baths
Yes
Avg Rent
0

More Information

Structure

Bedrooms Total
2
Bathrooms Total
2

Showing Notification Methods

Showing Service
Aligned Showings

Project Type

Duplex
Yes

Efficiency Units

Avg Rent
0

2 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Construction

Wood Frame
Yes
Brick
Yes

Const - Finish

Brick Veneer
Yes

Roofing

Composition
Yes

Floors

Vinyl
Yes
Wood
Yes
Carpet
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
1061
Other Income
0
Vacancy Allowance
100
Adjusted Gross Inc
0

Pmt & Rate Info

Equity
220000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Forced Air
Yes

Cooling

Heat Pump
Yes

Exterior Amenities

Fenced
Yes

Tenant Pays

None
Yes

Appliances Included

None
Yes

Road Access Type

Alley
Yes
City Street
Yes

Road Surface Type

Asphalt
Yes
Dirt
Yes

Source of Fincl Data

Owner
Yes

Road Responsibility

City Maintained Road
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

None
Yes

Electric

APS
Yes

Gas

SW Gas
Yes

Owner Pays

None
Yes

New Financing

Cash
Yes
Conventional
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Environmental

None
Yes

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
Last Updated: September - 18 - 2026
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