For Sale Multi-Family MLS# 7048471

2021 W WASHINGTON Street

Phoenix, AZ 85009

$500,000

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Listing Office

Officearizona-regional-mls-rsd logoSERHANT.
AgentStephanie Bray
Phone602-525-3992

About 2021 W WASHINGTON Street

Exceptional value-add opportunity in the heart of Phoenix. Situated on an expansive 14,000 SF lot, this 5-unit multifamily property offers tremendous potential for investors, developers, and owner-operators seeking their next repositioning project. The property requires substantial renovation, creating a true blank canvas for value-add improvements, redevelopment, or adaptive reuse potential. Whether your strategy is long-term hold, multifamily investment, workforce housing, or reimagining the site for its highest and best use, this asset offers exceptional flexibility. Ideally located just minutes from Downtown Phoenix and the Arizona State Capitol, with convenient access to I-10, I-17, Sky Harbor International Airport, the Phoenix Bioscience Core, ASU's Downtown Campus, and the city's major sports and entertainment venues. Positioned within an evolving urban corridor experiencing continued public and private investment, this rare large-lot property combines location, density, and long-term upside. Investment opportunities with this combination of size, proximity to the urban core, and repositioning potential are becoming increasingly difficult to find. Bring your vision and unlock the possibilities.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1931
Original price
$600,000
MLS #
7048471

Interior

Features
Ceramic Tile, Vinyl
Flooring
Ceramic Tile, Vinyl

Exterior & lot

Features
1 Space/Unit, Parking spaces: 0
Construction
Wood Frame, Painted, Stucco, Composition
Roof
Composition
Lot
R-3, 10949101A
Parking
1 Space/Unit

Schools

District
Phoenix Elementary District
Elementary
Capitol Elementary School
High
Central High School

Utilities

Utilities
Public Sewer, City Franchise
Water
City Franchise
Sewer
Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$1,299
Tax year
2025
Parcel
10949101A

Location

Subdivision
CAPITOL BLK 43, 44, 35-38, 29, 30
County
Maricopa
Neighborhood
St. Matthew's
Community
Maricopa, Gravel, Arizona Regional Multiple Listing Service 2, Phoenix Elementary District
Directions
West on Washington to property on south side of street.

Location

Neighborhood
St. Matthew's
Subdivision
CAPITOL BLK 43, 44, 35-38, 29, 30
School district
Phoenix Elementary District

Interested in this home?

Questions on 2021 W WASHINGTON Street, Phoenix, AZ 85009, or want to see it in person?

The Anderson Team · (480) 900-9140

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