1936 E YALE Street, Phoenix, AZ 85006

$1,025,000
Property Type: Multiple Dwellings Status: Active
Current Price: $1,025,000 Last Modified: 7/06/2026

Overview

Description

An amazing investment opportunity in a fantastic central Phoenix location. This 4-plex offers updated units and plenty of off-street parking (4 covered/6 uncovered). All units have been renovated and feature updated counters, flooring, etc. The main house offers 3 beds & 2 bathrooms. The other units are one 3/1 and two 2/1. Some have private W&D; others share a laundry facility. All units have private back yards. Close to everything, you can't go wrong. Phoenix Children's Hospital is just a 10-minute walk. Hop in the car for a 10-minute ride to Sky Harbor, or a 15-minute jaunt into downtown Phoenix. Live in one, rent the others!

Listing Details MLS# 7037733

Location, Tax & Legal

House Number
1936
Compass
E
Street Name
YALE
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85006
Zip4
1570
Country
US
County Code
Maricopa
Subdivision
Greenfield Acres
Assessor Number
117-06-110-A
Tax Year
2025
Assessor's Map #
6
Legal Description (Abbrev)
NE4 NE4 SE4 NW4 SEC 34 T2N R3E EX N 112F TH/OF & EX E 130 TH/OF & EX W 125F TH/OF
Assessor's Parcel #
110
Assessor Parcel Ltr
A
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
111602
Taxes
1258
Legal
NE4 NE4 SE4 NW4 SEC 34 T2N R3E EX N 112F TH/OF & EX E 130 TH/OF & EX W 125F TH/OF
Marketing Name
Greenfield Acres

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
Approx 75' x 192'
Year Built
1936
Uncvrd Parking Spcs
6
Total # of Units
4
# of Buildings
4
Zoning
R-3
Flood Zone
TBD
Elementary School District
Creighton Elementary District
High School District
Phoenix Union High School District

Remarks Misc

Cross Street
E Yale Street & N 20th Street
Directions
SOUTH ON 20TH STREET, THEN WEST ON YALE STREET. THE PROPERTY IS ON THE NORTH SIDE OF THE STREET.

Legal Info

Township
2N
Range
3E
Section
34
Lot Number
117-06-110-A

Income Expenses

Gross Annual Sch Inc
76728
Net Operating Income
25334

More Information

Showing Notification Methods

Showing Service
No Showing Service Used
Text
Yes
Email
Yes
Phone Call
Yes

2 Bedroom Units

# 2 Bedroom Units
2
Avg Rent
1400
Avg SqFt
600
# Baths
Yes

3 Bedrooms Units

# 3 Bedroom Units
2
Avg Rent
1798
Avg SqFt
1067
# Baths
2

Project Type

Four Plex
Yes

Construction

Block
Yes
Wood Frame
Yes

Const - Finish

Painted
Yes

Roofing

Composition
Yes

Floors

Vinyl
Yes

Sale Includes

Land & Building
Yes
Laundry Equipment
Yes

Income & Expenses

Annual Elec Exp
653
Annual Gas Exp
0
Annual Ins Exp
6023
Annual Land Lse Exp
0
Annual Landscape Exp
6708
Annual Legal & Acctg
0
Annual Maint Exp
16894
Annual Mgmt Exp
7971
Annual Trash Exp
0
Annual Wtr/Swr Exp
5678
Owner Association
No
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
5000
Annual Other Expense
6885
Operating Exp
57070
Other Income
676
Vacancy Allowance
0.05
Adjusted Gross Inc
73533.8
Total Monthly Rental Income
6394

Pmt & Rate Info

Cap Rate
2.41
Equity
1050000
Down Payment %
25
Monthly Payments
0
Total Owed
0

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Forced Air
Yes
Electric
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Exterior Amenities

Partially Fenced
Yes

Interior Features

Unfurnished
Yes
Fire/Smoke Alarm(s)
Yes
Mini Blinds
Yes

Tenant Pays

Electricity
Yes
Cable TV
Yes

Appliances Included

Dishwasher
Yes
Disposal
Yes
Refrigerator
Yes
Free-Standing Range
Yes
Washer/Dryer
Yes

Road Access Type

City Street
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes
Projected Proforma
Yes

Road Responsibility

City Maintained Road
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

Carport
Yes
1 Space/Unit
Yes
Paved
Yes
Add'l Parking Avail
Yes
Off Street
Yes

Electric

APS
Yes

Gas

None
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes
Landscaping
Yes
Other
Yes

New Financing

Cash
Yes
VA
Yes
FHA
Yes
1031 Exchange
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Four Plex Construction: Block; Wood Frame Const - Finish: Painted Roofing: Composition Floors: Vinyl Sale Includes: Land & Building; Laundry Equipment Community Features: No Pool Exterior Amenities: Partially Fenced Interior Features: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Washer/Dryer Heating: Forced Air Cooling: Ceiling Fan(s); Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: None Parking Features: Carport; 1 Space/Unit; Add'l Parking Avail; Paved; Off Street Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Water; Trash Collection; Landscaping; Other Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner; Projected Proforma Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; 1031 Exchange Environmental: None
IDX
Listing Office: Mark Brower Properties, LLC
Last Updated: July - 06 - 2026
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