3020 E Yale St 3 Unit Apartment Building Offered at $1,100,463 CAD Phoenix, AZ 85008

Matthews™ is pleased to present 3020 E Yale St, a fully renovated 3-unit multifamily community located in the desirable East Phoenix Submarket. Originally constructed in 1961, the property has undergone comprehensive interior and exterior upgrades, positioning it as a turnkey investment in a strong rental submarket.
Each unit has been thoughtfully modernized to meet today’s renter expectations, featuring in-unit washer and dryer, quartz countertops, laminate wood-style flooring, brand-new shaker-style cabinetry, and walk-in showers. Exterior improvements include fresh paint, new asphalt, updated landscaping, and the addition of perimeter fencing and turf, enhancing both curb appeal and long-term durability while minimizing future capital needs.
The property is currently fully vacant, providing a rare opportunity for a new owner to immediately implement a tailored leasing strategy and capture full market rents. Additionally, the vacancy offers flexibility for an owner-occupant to reside in one unit while generating income from the remaining units.
Strategically located in East Phoenix, the property benefits from convenient access to major transportation corridors including Loop 202 and State Route 51, providing connectivity to key employment hubs throughout the metro area. The surrounding area is supported by a strong mix of retail, dining, and lifestyle amenities, including proximity to Arcadia, the Biltmore Corridor, and Downtown Phoenix. Nearby points of interest include Sky Harbor International Airport, Papago Park, Desert Botanical Garden, and Arizona State University, all of which contribute to sustained rental demand and a diverse tenant base.
David Harrington
License # CO701910000, BR715518000 (AZ)
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251
(866) 889-0550