1747 E VIRGINIA Avenue, Phoenix, AZ 85006

$865,000

Property Type: Multiple Dwellings Bedrooms: 8 Baths: 4 Status: Active

Current Price: $865,000 Last Modified: 10/15/2026

Overview

Description

**Now offering seller financing** 4-unit multifamily opportunity located in Phoenix, AZ. Built in 1971, the property features 100% 2-bedroom, 1 bath units, all of which have been renovated with granite counter tops, white shaker cabinetry, stainless steel appliances, in-unit washer/dryer, and more. The community also features a private BBQ area and covered parking. Additionally, the property is within walking distance to Phoenix Children's Hospital and nearby other points of interest such as Downtown Phoenix and the Biltmore Fashion Park. With its close proximity to the hospital, there is potential to convert the units to mid-term rentals upon lease expiration, which typically yields a rent premium over traditional year-long leases.

Listing Details MLS# 6969126

Location, Tax & Legal

House Number: 1747
Compass: E
Street Name: VIRGINIA
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
Zip4: 1425
Country: US
County Code: Maricopa
Subdivision: GREENFIELD ACRES TRACT 2
Assessor Number: 117-05-070-A
Tax Year: 2026

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 9512
Year Built: 1971
Uncvrd Parking Spcs: 2
Total # of Units: 4
# of Buildings: Yes
Zoning: Multi
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District

Remarks Misc

Cross Street: 20th Street/Thomas

Legal Info

Township: 2N
Range: 3E
Section: 34
Lot Number: 35

2 Bedroom Units

# 2 Bedroom Units: 4
Avg Rent: 1296
Avg SqFt: 690
# Baths: Yes

More Information

Structure

Bedrooms Total: 8
Bathrooms Total: 4

Income Expenses

Gross Annual Sch Inc: 6220
Net Operating Income: 50844

Showing Notification Methods

Showing Service: No Showing Service Used

Property Features

Project Type: Four Plex Construction: Block Const - Finish: Painted; Stucco Roofing: Built-Up Floors: Ceramic Tile Sale Includes: Land & Building; Laundry Equipment Community Features: No Pool; Barbecue Exterior Amenities: Desert Landscaping; Fenced; Curb(s) & Gutter(s); Cable TV Available; Sidewalk(s); Security Light(s) Interior Features: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds Appliances Included: Free-Standing Range; Refrigerator; Washer/Dryer Heating: Natural Gas; Individual Cooling: Ceiling Fan(s); Electric; Individual Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: Carport; On Street; 1 Space/Unit; Free; Paved Road Access Type: Alley Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity; Gas; Cable TV Source of Fincl Data: Owner Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Cash; VA; FHA; Conventional; Owner May Carry Environmental: None

Listing Office: Matthews Real Estate Investment Services

Office Phone: 310-388-0788

Office Email: david.harrington@matthews.com

Last Updated: October - 15 - 2026