Properties

Phoenix, AZ 85040 2903 E WIER Avenue

2903 E WIER Avenue Phoenix, AZ - Image 12903 E WIER Avenue Phoenix, AZ - Image 22903 E WIER Avenue Phoenix, AZ - Image 3
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2903 E WIER Avenue Phoenix, AZ - Image 42903 E WIER Avenue Phoenix, AZ - Image 5
Presented By: My Home Group Real Estate; 480-685-2760
  • MLS# 6944368
  • 11/08/2025
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Home Details

Fantastic investment opportunity! This well-maintained triplex features three spacious 2-bedroom, 1-bath units. All units currently rented. All units have W/D hookups for additional income potential. This property cashflows at today's rates. 1 unit has been updated, and each unit has kitchens equipped with essential appliances and open floorplan to living rooms. Exterior painting as well has been updated in the last 2 years. Conveniently located near freeways, shopping, and dining. Ample parking with a convenient layout. The area is growing. Don't miss out!!
Presented By: My Home Group Real Estate; 480-685-2760

Interior Features for 2903 E WIER Avenue

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
FlooringCeramic Tile
Heating Y/NYes

General for 2903 E WIER Avenue

Additional Parcels Y/NNo
Attached Garage No
Cap Rate7.04
Carport Y/NNo
CityPhoenix
Community FeaturesNo Pool
Construction MaterialsPainted, Block
CoolingCeiling Fan(s), Evaporative Cooling
CountyMaricopa
DirectionsSouth on 32nd St, right on Wier Ave. Property is on the left.
DisclosuresNone
ElectricSRP, Individual Meter
Elementary SchoolPercy L Julian School
Elementary School DistrictRoosevelt Elementary District
Garage Y/NNo
Gross Income41800.0
HeatingElectric
High SchoolSouth Mountain High School
High School DistrictPhoenix Union High School District
Insurance Expense1054.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
Middle/Junior High SchoolPercy L Julian School
MobileHomeRemainsYNNo
Net Operating Income37404.0
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
New Financing: FHATrue
New Financing: VATrue
Number Of Units Total3
Occupancy TypeTenant
Open Parking Spaces5.0
Operating Expense2460.0
OwnerPaysTrash Collection, Water, Sewer
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofComposition
Senior CommunityN
SewerSewer-In & Connected
Standard StatusActive
StatusActive
Subdivision NameWIER ESTATES LOTS 11-32, 53-74
Tax Annual Amount766.0
Tax Lot8
Tax Year2024
Township1N
Water Sewer Expense160.0
Year Built1984
ZoningR-3

Exterior for 2903 E WIER Avenue

Covered Spaces0.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot DimensionsIRR
Number of Buildings1
Parking FeaturesPaved, Free, 1 Space/Unit
Road Surface TypeAsphalt
SpaNo
Total Parking5.0
Water SourceCity Franchise

Additional Details

Price History

Schools

High School South Mountain High School
Middle School Percy L Julian School Middle School
Elementary School Percy L Julian School Elementary School

Connect Realty

Price $531,000
MLS#6944368
List Date 11/08/2025
Property Type Multi-Family
Phone 888.795.6274
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