110 N 33rd Avenue, Phoenix, AZ 85009
- $362,000
- List Price
- $362,000
- Days on Market
- 7
- Status
- ACTIVE
- MLS#
- 7056584
- City
- Phoenix
- Subdivision
- Wormsers Addition Block 1
- Year Built
- 1953
Property Description
EXCEPTIONAL INVESTMENT OPPORTUNITY IN A PRIME LOCATION! This single-story, four-unit multifamily property, built in 1953, presents an outstanding value-add opportunity for investors. The property features four 1-bedroom, 1-bath units, all currently vacant and ready for renovation, providing a blank canvas to maximize your investment vision. Prime Location: Conveniently located near US-60 (Grand Avenue) with easy access to I-10, I-17, and Loop 202, offering seamless connectivity throughout the Phoenix metro area. Future Growth Potential: A planned light rail extension along Van Buren is expected to further enhance accessibility and position this property within a growing transit-oriented corridor. Excellent Convenience: Just minutes from Downtown Phoenix and Phoenix Sky Harbor International Airport, making it an attractive location for future tenants seeking easy access to employment, entertainment, and transportation. The property requires renovation to address deferred maintenance, and the competitive list price reflects this exceptional opportunity. With strong rental demand and significant upside potential, this is your chance to transform a distressed asset into a high-performing investment.
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Additional Information
- Elementary School
- William R Sullivan Elementary School
- High School
- Carl Hayden High School
- Middle School
- William R Sullivan Elementary School
- Community Features
- Other
- Construction
- Block, Painted
- Cooling
- None
- Electric
- APS, Individual Meter
- Heating
- Electric, Natural Gas
- New Financing
- Cash
- Parking Features
- Assigned
- Roofing
- Composition
- Subdivision
- Wormsers Addition Block 1
- Taxes
- $656
- Tax Year
- 2025
- Tenant Pays
- Electricity, Gas
- Units
- 4
- Water
- Master Meter
- Zoning
- R-4
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Listing courtesy of JM Realty.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.