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For sale
    • Price cut: $110K (5/5)
    $675,000

    2242 E TAYLOR Street, Phoenix, AZ 85006

    11beds
    5baths
    2,920sqft
    : 
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    Multi Family
    Built in 1944
    -- sqft lot
    $-- Zestimate®
    $231/sqft
    $-- HOA

    What's special

    A five-unit multifamily investment opportunity in the heart of Phoenix, Arizona. Originally constructed in 1944, the asset features a mix of 1, 2, and 3 bedroom floor plans. Each of the units have been updated within the last few years; however, future ownership will have the opportunity to capture additional upside through continued interior and exterior renovations. The asset is situated with convenient access to Downtown Phoenix, Sky Harbor International Airport, and major transportation corridors including Loop 202 and I-10. The current cap rate is 7.15% and the seller would be open to carrying with 40% down. An offering memorandum including additional photos is available upon request.
    147 days
    |
    202
    |
    12
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Bradley Skenderian 949-533-5594,

    Matthews Real Estate Investment Services

    Source: ARMLS,MLS#: 6986273MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 11
      • Bathrooms: 5
      Heating
      • Electric
      Cooling
      • Central Air, 2 or More Units
      Appliances
      • Included: Built-In Range, Disposal, Refrigerator
      Features
      • Flooring: Ceramic Tile, Vinyl
      Interior area
      • Total structure area: 2,920
      • Total interior livable area: 2,920 sqft

      Property

      Parking
      • Total spaces: 10
      • Parking features: Paved, Free, <1 Space Per Unit
      • Uncovered spaces: 10
      Features
      • Exterior features: Sidewalk(s)
      Lot
      • Dimensions: 56.18 x 166.39 x 57.45
      Details
      • Parcel number: 11601043
      • Zoning: R-4

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Painted, Stucco
      • Roof: Composition
      Condition
      • Year built: 1944

      Utilities & green energy

      • Electric: APS, Individual Meter
      • Sewer: Public Sewer
      • Water: City Franchise

      Community & HOA

      Community
      • Features: No Pool
      • Subdivision: AVIATION HOMESITES
      Location
      • Region: Phoenix

      Financial & listing details

      • Price per square foot: $231/sqft
      • Annual tax amount: $1,093
      • Date on market: 2/18/2026
      • Cumulative days on market: 147 days
      • Listing terms: Owner May Carry,Conventional,1031 Exchange
      • Ownership: Fee Simple
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/5/2026Price change$675,000-14%$231/sqft
        Source: ARMLS #6986273 Report a problem
        2/18/2026Listed for sale$785,000+20.8%$269/sqft
        Source: ARMLS #6986273 Report a problem
        12/13/2023Listing removed--
        Source: ARMLS #6546400 Report a problem
        4/20/2023Listed for sale$650,000+94%$223/sqft
        Source: ARMLS #6546400 Report a problem
        1/26/2020Listing removed$335,000$115/sqft
        Source: Revelation Real Estate #6000113 Report a problem
        11/2/2019Listed for sale$335,000+423.4%$115/sqft
        Source: Revelation Real Estate #6000113 Report a problem
        5/26/2014Sold$64,000-19.9%$22/sqft
        Source: ARMLS #5037898 Report a problem
        3/20/2014Price change$79,900-14%$27/sqft
        Source: Russ Lyon Sotheby's International Realty #5037898 Report a problem
        2/19/2014Price change$92,900-12.3%$32/sqft
        Source: Russ Lyon Sotheby's International Realty #5037898 Report a problem
        12/4/2013Listed for sale$105,900+34.9%$36/sqft
        Source: Russ Lyon Sotheby's International Realty #5037898 Report a problem
        9/6/2012Sold$78,500$27/sqft
        Source: ARMLS #4748840 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Central City

        Getting around

        51 / 100
        Somewhat Walkable
        53 / 100
        Good Transit
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Wilson Elementary School
        • Middle: Wilson Elementary School
        • High: North High School
        • District: Wilson Elementary District

        Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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