2549-2559 E Corona Ave, Phoenix, AZ 8504 1 Multifamily Properties Offered at $4,222,094 CAD in Phoenix, AZ

Rare Phoenix Multi-Family Investment Portfolio
Package Price: $2,980,000
Four adjacent multi-family buildings located at 2549, 2551, 2557 & 2559 E Corona Ave, Phoenix, AZ 85040.
THIS IS A PORTFOLIO SALE. All four properties are being offered together as one investment package and will not be sold separately. The equivalent purchase price is approximately $745,000 per building.
Located in the rapidly expanding Phoenix Airport Economic Corridor, this exceptional investment portfolio consists of four freestanding residential buildings totaling twelve rental units situated on approximately 30,024 square feet of land with approximately 9,180 square feet of building area. All twelve units feature efficient two-bedroom, one-bathroom floor plans that continue to experience strong rental demand in one of Phoenix's fastest-growing employment corridors.
The property is ideally positioned near Phoenix Sky Harbor International Airport, Interstate 10, Downtown Phoenix, Arizona State University, major distribution centers, manufacturing facilities, and numerous logistics employers. Continued population growth, expanding employment opportunities, and ongoing infrastructure investment continue to support strong occupancy, increasing rental demand, and long-term property appreciation throughout the area.
Each unit includes a refrigerator, gas range, range hood, gas water heater, and washer connections. Separate electric and gas meters allow tenants to pay their own utilities, helping reduce operating expenses while improving overall management efficiency. The property also provides perimeter fencing and dedicated parking with two parking spaces assigned to each unit.
This investment offers the unique combination of stable rental income and significant long-term land value. Investors benefit from immediate cash flow while also owning a sizeable land parcel with future redevelopment potential in one of the most active growth markets in Arizona. As available development sites continue to become increasingly limited, well-located multifamily properties with substantial land holdings are expected to remain highly desirable.
Whether you are seeking long-term cash flow, portfolio expansion, a 1031 Exchange investment, or future redevelopment opportunities, this rare portfolio provides multiple avenues for value creation and long-term appreciation.
Investment Highlights: Four Freestanding Buildings, Twelve Residential Rental Units, Portfolio Sale Only, Total Purchase Price of $2,980,000, Approximately $745,000 Per Building, Prime Phoenix Airport Location, Strong Rental Demand, Stable Income-Producing Asset, Future Redevelopment Potential, and an Excellent Opportunity for 1031 Exchange Investors.
Showings are by appointment only. Please do not disturb tenants or enter the property without prior authorization.