2238 E TAYLOR Street, Phoenix, AZ 85006
$1,500,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$1,500,000
Last Modified:
4/02/2026
Description
East Taylor is a 10-unit, garden-style multifamily community located in the urban core of Phoenix. Built in 1943, the property consists entirely of one-bedroom/one-bath units with durable tile or vinyl flooring and has benefited from ongoing capital improvements. The asset offers clear value-add potential through interior modernization, addition of private yard spaces, and covered parking to support rent growth. Amenities include gated access, on-site laundry, and off-street parking. Positioned near Phoenix Sky Harbor International Airport, Valley Metro Rail, and Valleywise Health Medical Center, the property benefits from strong workforce housing demand. Located within a designated Opportunity Zone, it presents both income growth and long-term tax advantages.
More Information MLS# 6989939
Contract Info
Current Price: $1,500,000
List Price: $1,500,000
Status: Active
List Date: 2026-02-26
Ownership: Fee Simple
Location Tax Legal
House Number: 2238
Compass: E
Street Name: TAYLOR
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
Zip4: 3936
County Code: Maricopa
Subdivision: AVIATION HOMESITES
Assessor Number: 116-01-040-A
Tax Year: 2025
General Property Description
Lot Size Dimensions: 3401 SF
Year Built: 1943
Uncvrd Parking Spcs: 10
Total # of Units: 10
# of Buildings: 2
Zoning: M-H
Flood Zone: No
Elementary School District: Wilson Elementary District
High School District: Phoenix Union High School District
Jr. High School: Wilson Elementary School
Remarks Misc
Cross Street: Roosevelt St & 24th St
Directions: S on 24th st, From E Van Buren St, W on Taylor St.
Geo Lat: 33.454335
Geo Lon: -112.033087
Legal Info
Township: 1N
Range: 3E
Section: 3
Block: 1
Lot Number: 34
Income Expenses
Gross Annual Sch Inc: 168000
Net Operating Income: 101658
Showing Notification Methods
Showing Service: Non-MLS Showing Service - See Private Remarks
Efficiency Units
Avg Rent: 1400
1 Bedroom Units
# 1 Bedroom Units: 10
Avg Rent: 1400
Avg SqFt: 340
# Baths: 10
Property Features
Project Type: 5 - 12 Units
Construction: Wood Frame
Const - Finish: Painted
Roofing: Tile
Floors: Vinyl; Wood
Sale Includes: Land & Building; Laundry Equipment
Community Features: No Pool
Exterior Amenities: Green Landscaping; Fenced; RV/Boat Parking; Sidewalk(s)
Interior Features: Unfurnished
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Microwave
Heating: Natural Gas
Cooling: Ceiling Fan(s); Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS; City Electric
Gas: City Gas
Parking Features: Boat; On Street; 1 Space/Unit; >1 Space Per Unit; Add'l Parking Avail; RV Access/Parking; Paved
Road Access Type: City Street
Road Surface Type: Asphalt; Concrete
Owner Pays: Landscaping
Tenant Pays: Water; Electricity; Cable TV
Source of Fincl Data: Owner
Showing Notification Methods: Text
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional; No Carry; 1031 Exchange
Environmental: None
Listing Office: My Home Group Real Estate
Last Updated: April - 02 - 2026
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