Properties

Phoenix, AZ 85006 1950 E YALE Street

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Presented By: Barrett Real Estate; 480-620-4118
  • MLS# 6984600
  • 02/13/2026
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Home Details

Excellent investment opportunity in the heart of Phoenix! This centrally located triplex offers strong rental appeal and immediate income potential, as all units are currently fully leased. The property features two units with 2 bedrooms and 1 bathroom, plus a spacious third unit offering 3 bedrooms and 2 bathrooms โ€” ideal for attracting a variety of tenants. Each unit has been thoughtfully updated with modern finishes, including wood-look flooring, neutral color palettes, recessed lighting, and stylish kitchens complete with white shaker cabinetry, quartz countertops, stainless steel appliances, and tile backsplash. Residents enjoy private covered patios, front turf areas, and the convenience of in-unit washer and dryer โ€” features that enhance tenant satisfaction and retention. Situated near major freeways, downtown Phoenix, Chase Field, ASU, Phoenix Children's Hospital, shopping, dining, and public transportation, this property offers both convenience and long-term desirability. Easy to manage and located in a high-demand rental corridor, this is an ideal addition to any investment portfolio. Don't miss this opportunity to own a well-maintained multi-family property in a prime central location!
Presented By: Barrett Real Estate; 480-620-4118

Interior Features for 1950 E YALE Street

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
FlooringCeramic Tile
Heating Y/NYes

General for 1950 E YALE Street

Additional Parcels Y/NNo
Attached Garage No
Cap Rate7.21
Carport Y/NNo
CityPhoenix
Community FeaturesNo Pool
Construction MaterialsPainted, Block
CoolingCeiling Fan(s), Electric
CountyMaricopa
DirectionsSOUTH ON 20TH ST WEST ON YALE PROPERTY ON NORTHWEST CORNER BEFORE FREEWAY.
DisclosuresSeller Prop Disc Stm
ElectricAPS
Elementary SchoolWilliam T Machan Elementary School
Elementary School DistrictCreighton Elementary District
Garage Y/NNo
HeatingElectric
High SchoolCamelback High School
High School DistrictPhoenix Union High School District
Lease Considered Y/NNo
Lease Renewal Y/NNo
Middle/Junior High SchoolWilliam T Machan Elementary School
MobileHomeRemainsYNNo
Net Operating Income61273.0
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 Expense1247.0
OwnerPaysOther, See Remarks
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofComposition
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount1247.0
Tax Lot123
Tax Year2025
Township2N
Year Built1961
Zoning0

Exterior for 1950 E YALE Street

Covered Spaces0.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions8468
Number of Buildings1
Parking FeaturesPaved, On Street
Road Surface TypeAsphalt
SpaNo
Total Parking5.0
Water SourceCity Franchise

Additional Details

Price History

Schools

Middle School William T Machan Elementary School
High School Camelback High School

Connect Realty

Price $850,000
MLS#6984600
List Date 02/13/2026
Property Type Multi-Family
Phone 888.795.6274
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Request Info
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