3305 W MADISON Street, Phoenix, AZ 85009

$270,000

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

Current Price: $270,000 Last Modified: 10/30/2026

Overview

Description

Great Investment Property. Rare opportunity to own a three-family property in Phoenix! This unique investment property features three separate 1-bedroom, 1-bathroom units, all currently vacant, offering flexibility for customization and future rental opportunities. Situated on an oversized lot, the property offers exciting potential for expansion and the possibility of adding additional units. An excellent value-add opportunity for investors looking to maximize the property's existing improvements, create multiple income streams, and explore its future potential. Conveniently located near downtown Phoenix, major roadways, shopping, dining, and employment centers. Bring your vision and take advantage of the possibilities this versatile multi-family property has to offer!

Listing Details MLS# 7100792

Location, Tax & Legal

House Number: 3305
Compass: W
Street Name: MADISON
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85009
Zip4: 4713
Country: US
County Code: Maricopa
Subdivision: WORMSERS ADDITION BLOCK 1
Assessor Number: 109-39-027-A
Tax Year: 2025

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 64 x 135
Year Built: 1941
Uncvrd Parking Spcs: 8
Total # of Units: 3
# of Buildings: Yes
Zoning: R-5
Flood Zone: No
Elementary School District: Murphy Elementary District
High School District: Phoenix Union High School District
Elementary School: Jack L Kuban Elementary School
Jr. High School: Jack L Kuban Elementary School
High School: Carl Hayden High School

Remarks Misc

Cross Street: 33rd Ave & Van Buren
Directions: North 35th Ave ,then Left onto Van Buren St, then right onto 33rd Ave to right onto Madison St.

Legal Info

Township: 1N
Range: 2E
Section: 11
Lot Number: 7

1 Bedroom Units

# 1 Bedroom Units: 3
Avg Rent: 950
Avg SqFt: 525
# Baths: Yes

More Information

Structure

Bedrooms Total: 3
Bathrooms Total: 3

Showing Notification Methods

Showing Service: Aligned Showings

Contact Info

List Agent Home Phn: 480-785-5612

Property Features

Project Type: Tri-Plex Construction: Block Const - Finish: Painted; Stucco Roofing: Composition Floors: Tile; Vinyl Sale Includes: Land & Building Community Features: No Pool Appliances Included: Free-Standing Range; Refrigerator Heating: Forced Air; Natural Gas Cooling: Ceiling Fan(s); Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: Assigned; Other Road Surface Type: Asphalt Owner Pays: Water; Electric; Gas; Trash Collection; Landscaping Tenant Pays: None Source of Fincl Data: Other (See Remarks) Special: REO Property Showing Notification Methods: Text; Email Lockbox Type: Supra Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Environmental: None

Listing Office: JM Realty

Office Phone: 480-785-5612

Office Email: joseph.mahoney@jmrealty.net

Last Updated: October - 30 - 2026