Properties
Phoenix, AZ 85040 2957 E ATLANTA Avenue
$559,000
Pending
9 more
Presented By: Real Broker; 602-755-3415
Home Details
Excellent investment opportunity in the heart of Phoenix! This well-maintained triplex features three 2-bedroom, 1-bath units, ideally located near public transportation, shopping, dining, and major employment corridors.
Recent capital improvements add strong value and peace of mind for the next owner, including new A/C units in all three units (2024). Unit 2 and Unit 3 received brand-new refrigerators in 2025, and Unit 3 was further upgraded in 2025 with a new water heater, updated flooring, and interior improvements.
All units are currently occupied, providing immediate cash flow. Unit 2 is a Section 8 tenant, offering stable, reliable income. .
Presented By: Real Broker; 602-755-3415
Interior Features for 2957 E ATLANTA Avenue
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringTile
Heating Y/NYes
General for 2957 E ATLANTA Avenue
Additional Parcels Y/NNo
Attached Garage No
Cap Rate9.4
Carport Y/NNo
CityPhoenix
Community FeaturesNo Pool
Construction MaterialsWood Frame, Stucco
CoolingElectric
CountyMaricopa
DirectionsLocated between major cross streets E Southern Ave and E Broadway Road, on the corner of S 31st street and E Atlanta Ave
DisclosuresNone
ElectricSRP
Elementary School DistrictRoosevelt Elementary District
Garage Y/NNo
Gross Income52548.0
HeatingElectric
High School DistrictPhoenix Union High School District
Lease Considered Y/NNo
Lease Renewal Y/NNo
MobileHomeRemainsYNNo
Net Operating Income52548.0
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
New Financing: FHATrue
New Financing: VATrue
Number Of Units Total3
Open Parking Spaces3.0
Operating Expense775.0
OwnerPaysNone
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofComposition
Senior CommunityN
SewerPublic Sewer
Standard StatusPending
StatusPending
Subdivision NameWIER ESTATES LOTS 11-32 53-74
Tax Annual Amount775.0
Tax Lot140
Tax Year2025
Township1N
Year Built1985
ZoningR-3
Exterior for 2957 E ATLANTA Avenue
Covered Spaces0.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions118' X 46'
Number of Buildings1
Parking FeaturesOff Street, Free
Road Surface TypeAsphalt
SpaNo
Total Parking3.0
Water SourceCity Franchise
Additional Details
Price History
