2142 E TAYLOR Street 1, Phoenix, AZ 85006 (MLS# 7058755)

2142 E TAYLOR Street 1, Phoenix, AZ 85006

$435,000

Property Type: Multiple Dwellings Status: Active

Current Price: $435,000 Last Modified: 7/26/2026

Overview

Description

hree at Taylor Located in the heart of the rapidly revitalizing Phoenix, this well-positioned triplex offers an exceptional opportunity for both investors and owner-occupants seeking strong rental demand and long-term appreciation. Situated in the desirable Garfield Historic District area, the property benefits from its proximity to downtown employment hubs, dining, arts, and entertainment. The property features one 2 bedroom and two 1 bedroom units , providing diversified income potential in one of Phoenix's most active rental corridors. Tenants enjoy convenient access to Arizona State University's downtown campus, major medical centers including Banner - University Medical Center Phoenix, and cultural attractions such as the Phoenix Art Museum. Commuting is seamless with nearby acces

Supplements: to the Valley Metro Light Rail, connecting residents throughout the metro area. Currently rented below markets at $925, $950 & one vacant unit Market rents are $1,050 to $1,250 Each unit offers functional layouts with comfortable living spaces, remodeled making the property attractive for long-term tenants or potential short-term rental strategies ... (Read more)

Listing Details MLS# 7058755

Location, Tax & Legal

House Number: 2142
Compass: E
Street Name: TAYLOR
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
Zip4: 3927
Country: US
County Code: Maricopa
Subdivision: AVIATION HOMESITES
Assessor Number: 116-01-016
Tax Year: 2025
Unit #: Yes
Assessor's Map #: 1
Legal Description (Abbrev): AVIATION HOMESITES
Assessor's Parcel #: 16
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 113300
Taxes: 1632
Legal: AVIATION HOMESITES
Marketing Name: Three at Taylor

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: .19
Year Built: 1956
Uncvrd Parking Spcs: 4
Total # of Units: 3
# of Buildings: 2
Zoning: R-4
Elementary School District: Wilson Elementary District
High School District: Phoenix Union High School District
Jr. High School: Wilson Elementary School

Remarks Misc

Cross Street: 24th St & Van Buren

Legal Info

Township: 1N
Range: 3E
Section: 3
Block: Yes
Lot Number: 10

Income Expenses

Gross Annual Sch Inc: 38400
Net Operating Income: 28691

More Information

Showing Notification Methods

Showing Service: Aligned Showings
Text: Yes
Email: Yes
Phone Call: Yes

1 Bedroom Units

# 1 Bedroom Units: 2
Avg Rent: 1000
Avg SqFt: 450
# Baths: Yes

2 Bedroom Units

# 2 Bedroom Units: Yes
Avg Rent: 1200
Avg SqFt: 775
# Baths: Yes

Project Type

Tri-Plex: Yes

Construction

Block: Yes

Const - Finish

Painted: Yes

Roofing

Composition: Yes

Floors

Laminate: Yes
Ceramic Tile: Yes
Other: Yes

Sale Includes

Building(s) Only: Yes

Income & Expenses

Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 1799
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 1000
Annual Mgmt Exp: 0
Annual Trash Exp: 1200
Annual Wtr/Swr Exp: 2258
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 7889
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 36480
Total Monthly Rental Income: 3200

Pmt & Rate Info

Cap Rate: 6.6
Down Payment: 0
Equity: 435000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0

Lockbox Type

None: Yes

Community Features

No Pool: Yes

Heating

Natural Gas: Yes

Cooling

Central Air: Yes

Tenant Pays

Gas: Yes
Electricity: Yes

Appliances Included

Free-Standing Range: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

Carport: Yes
Free: Yes
On Street: Yes
<1 Space Per Unit: Yes
Paved: Yes

Electric

APS: Yes

Gas

SW Gas: Yes

Owner Pays

Water: Yes

New Financing

Cash: Yes
VA: Yes
Conventional: Yes
FHA: Yes
Owner May Carry: Yes
Wraparound: Yes
1031 Exchange: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Existing 1st Loan Type

Not Applicable: Yes

Existing 1st Loan Terms

Not Applicable: Yes

Existing 2nd Loan

Other (See Remarks): Yes

Existing 2nd Loan Type

Not Applicable: Yes

Existing 2nd Loan Terms

Not Applicable: Yes

Existing 3rd Loan

Other (See Remarks): Yes

Existing 3rd Loan Type

Not Applicable: Yes

Reports/Disclosures

None: Yes

Existing 3rd Loan Terms

Not Applicable: Yes

Environmental

None: Yes

Existing Othr Ln Trm

Other (See Remarks): Yes

Efficiency Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: Tri-Plex Construction: Block Const - Finish: Painted Roofing: Composition Floors: Laminate; Ceramic Tile; Other Sale Includes: Building(s) Only Community Features: No Pool Appliances Included: Free-Standing Range Heating: Natural Gas Cooling: Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: Carport; On Street; <1 Space Per Unit; Free; Paved Road Surface Type: Asphalt Owner Pays: Water Tenant Pays: Electricity; Gas Source of Fincl Data: Owner Showing Notification Methods: Text; Email; Phone Call 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: Other (See Remarks) Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Other (See Remarks) New Financing: Cash; VA; FHA; Conventional; Owner May Carry; Wraparound; 1031 Exchange Environmental: None

Listing Office: Real Broker

Last Updated: July - 26 - 2026