2755 E ATLANTA Avenue, Phoenix, AZ 85040

$590,000
Property Type: Multiple Dwellings Status: Active
Current Price: $590,000 Last Modified: 5/18/2026

Overview

Description

Established rent by room tri-plex with over 6 years of history. Strong income track record with $75,000-$79,000 annual rents. Financials available upon request. Recent capital improvements include 1 new AC unit & new 400 Amp electric panel. Unit 102 had new kitchen cabinets installed in 2020, new hall bath tub and tile. Unit 101 configured as a 3 bedroom 1 bathroom, unit 102 4 bedroom 2 bathroom, unit 201 - 3 bedroom 2 bathroom.

Listing Details MLS# 7030068

Location, Tax & Legal

House Number
2755
Compass
E
Street Name
ATLANTA
St Suffix
Avenue
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85040
Zip4
0790
Country
US
County Code
Maricopa
Subdivision
BEN-JO ESTATES LOTS 1-10 33-52 75-94
Assessor Number
122-55-097
Tax Year
2025
Assessor's Map #
55
Legal Description (Abbrev)
BEN-JO ESTATES E2 LOT 146
Assessor's Parcel #
97
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
116100
Taxes
973
Legal
BEN-JO ESTATES E2 LOT 146
Marketing Name
Cashflow

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
130 x 60
Year Built
1985
Uncvrd Parking Spcs
6
Total # of Units
3
# of Buildings
Yes
Zoning
R-3
Flood Zone
No
Elementary School District
Roosevelt Elementary District
High School District
Phoenix Union High School District

Remarks Misc

Cross Street
28th St & Roser
Directions
Google Maps

Legal Info

Township
1N
Range
3E
Section
26
Lot Number
146

Income Expenses

Gross Annual Sch Inc
87360
Net Operating Income
51839

More Information

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes

2 Bedroom Units

# 2 Bedroom Units
Yes
Avg Rent
1930
Avg SqFt
850
# Baths
Yes

3 Bedrooms Units

# 3 Bedroom Units
Yes
Avg Rent
2167
Avg SqFt
1100
# Baths
2

4 Bedrooms Units

# 4 Bedroom Units
Yes
Avg Rent
2650
Avg SqFt
1100
# Baths
2

Project Type

Tri-Plex
Yes

Construction

Wood Frame
Yes

Const - Finish

Wood Siding
Yes
Stucco
Yes

Roofing

Composition
Yes

Floors

Tile
Yes

Sale Includes

Land & Building
Yes
Laundry Equipment
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
973
Other Income
0
Vacancy Allowance
0.1
Adjusted Gross Inc
78624

Pmt & Rate Info

Cap Rate
8.79
Equity
590000
Down Payment %
0
Monthly Payments
0
1st Payment Freq
Monthly
Total Owed
0

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Heat Pump
Yes

Cooling

Heat Pump
Yes

Tenant Pays

None
Yes

Appliances Included

Free-Standing Range
Yes

Road Access Type

City Street
Yes

Road Surface Type

Concrete
Yes

Source of Fincl Data

Owner
Yes
Accountant
Yes

Water Source

City Franchise
Yes
Master Meter
Yes

Sewer

Sewer - Public
Yes

Parking Features

>1 Space Per Unit
Yes
Paved
Yes
Off Street
Yes

Electric

SRP
Yes
Individual Meter
Yes

Gas

None
Yes

Owner Pays

Water
Yes
Sewer
Yes
Electric
Yes
Trash Collection
Yes
Landscaping
Yes

New Financing

Cash
Yes
VA
Yes
Conventional
Yes
FHA
Yes

Special

Owner/Agent
Yes

Existing 1st Loan Terms

Non Assumable
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Environmental

None
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

Property Features

Project Type: Tri-Plex Construction: Wood Frame Const - Finish: Wood Siding; Stucco Roofing: Composition Floors: Tile Sale Includes: Land & Building; Laundry Equipment Community Features: No Pool Appliances Included: Free-Standing Range Heating: Heat Pump Cooling: Heat Pump Water Source: City Franchise; Master Meter Sewer: Sewer - Public Electric: SRP; Individual Meter Gas: None Parking Features: >1 Space Per Unit; Paved; Off Street Road Access Type: City Street Road Surface Type: Concrete Owner Pays: Water; Electric; Trash Collection; Landscaping Tenant Pays: None Source of Fincl Data: Owner; Accountant Special: Owner/Agent Showing Notification Methods: Text Lockbox Type: None Existing 1st Loan Terms: Non Assumable Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan Type: Not Applicable New Financing: Cash; VA; FHA; Conventional Environmental: None
IDX
Listing Office: eXp Realty
Last Updated: May - 18 - 2026
Broker Attribution: 480-327-8092

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