2620 W PIERSON Street, Phoenix, AZ 85017

$539,000

Property Type: Multiple Dwellings Bedrooms: 6 Baths: 3 Status: Active

Current Price: $539,000 List Date: 6/16/2026 Last Modified: 10/19/2026

Overview

Description

Exceptional investment opportunity featuring a total of seven units, including a single-family residence & eligible for residential financing. Located near GCU, the freeway, shopping, and other amenities, this property offers strong tenant appeal. Estimated CAP Rate: 6%. The single-family residence features a full-size laundry room. All units were renovated between 2019 and 2020. Improvements include new sewer and water lines, upgraded electrical service, interior and exterior paint, roofs replaced on both triplexes in 2024, and a new roof on the single-family residence in 2020. Well-maintained property with numerous updates throughout. See Documents tab for details. Buyer to verify all information.

Listing Details MLS# 7039047

Location, Tax & Legal

House Number: 2620
Compass: W
Street Name: PIERSON
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85017
Zip4: 3684
Country: US
County Code: Maricopa
Subdivision: ALTRO TERRACE
Assessor Number: 154-04-014
Tax Year: 2025

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: Irr
Year Built: 1963
Uncvrd Parking Spcs: 3
Total # of Units: 3
# of Buildings: Yes
Zoning: [R-3] Multiple
Flood Zone: No
Elementary School District: Alhambra Elementary District
High School District: Phoenix Union High School District
Elementary School: Alma Elementary School
Jr. High School: Alhambra Traditional School
High School: Alhambra High School

Remarks Misc

Cross Street: 27th Ave / Camelback Rd
Directions: Exit Camelback Rd from I17 and turn west. Turn south on 27th Ave. Turn East on W. Pierson St.

Legal Info

Township: 2N
Range: 2E
Section: 24
Lot Number: 14

1 Bedroom Units

# 1 Bedroom Units: Yes
Avg Rent: 975
Avg SqFt: 875
# Baths: Yes

More Information

2 Bedroom Units

# 2 Bedroom Units: Yes
Avg Rent: 1200
Avg SqFt: 905
# Baths: Yes

3 Bedrooms Units

# 3 Bedroom Units: Yes
Avg Rent: 1499
Avg SqFt: 915
# Baths: Yes

Structure

Bedrooms Total: 6
Bathrooms Total: 3

Income Expenses

Gross Annual Sch Inc: 44088
Net Operating Income: 31068

Showing Notification Methods

Showing Service: No Showing Service Used

Contact Info

List Agent Home Phn: 602-618-8792

Property Features

Project Type: Tri-Plex Construction: Block Const - Finish: Painted Roofing: Composition Floors: Vinyl; Carpet Sale Includes: Land & Building; Laundry Equipment Payment Includes: Principal; Taxes; Insurance Community Features: No Pool Exterior Amenities: Fenced; Partially Fenced; Cable TV Available; Sidewalk(s); Security Light(s) Interior Features: Unfurnished; Fire/Smoke Alarm(s); Vertical Blinds; Mini Blinds Appliances Included: Built-In Electric Oven; Built-In Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Cooling: Ceiling Fan(s); Electric Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: On Street; 1 Space/Unit; Add'l Parking Avail; Paved; Other Road Access Type: Alley; City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Water; Electricity Source of Fincl Data: Owner Showing Notification Methods: Text; Phone Call Lockbox Type: None Existing 1st Loan: Conventional Existing 1st Loan Type: Fixed New Financing: Cash; Conventional Environmental: None

Listing Office: West USA Realty

Office Phone: 602-942-4200

Office Email: Duane@westusarealty.com

Last Updated: October - 19 - 2026