$ 425,000 $ 425,000

2302 E Yale Street

Phoenix, AZ 85006

  • 1941 Year Built
A property that offers more than just a place to live, it creates tremendous opportunity from the start. Set in a highly accessible central Phoenix location, this home features multiple living spaces designed for flexibility and long-term value. The main residence offers 3 bedrooms, 2 bathrooms and ~1,360 sq ft, plus a separate studio around 320 sq ft. An attached casita in the backyard features 1 bed/1 bath with ~ 600 sq ft. Estimated rents are $2,200 per month for the main house, $1,000 for the casita, and $700 for the studio, producing a strong nearly 1% rent to price ratio. Main house is currently leased through August 2026, studio and casita are currently vacant. Great location minutes from Phoenix Children's Hospital, downtown Phoenix, Sky Harbor Airport, and freeway access.
Listed by Keller Williams Arizona Realty , Sold By Prestige Realty

PROPERTY DETAIL

  • Key Details

    Sold Price $425,000

    Property Type Multi-Family

    Listing Status Sold

    Purchase Type For Sale

    Subdivision Greenfield Gardens Blocks 1 Thru 5

    MLS Listing ID 6962050

    Sold Date 06/03/26

    Year Built 1941

    Annual Tax Amount $2,029

    Tax Year 2025

    Lot Dimensions 7,410

    Source Arizona Regional Multiple Listing Service (ARMLS)

  • Location

    State AZ

    County Maricopa

    Community Greenfield Gardens Blocks 1 Thru 5

    Area Maricopa

    Zoning R1-6

    Direction From 24th St turn west on Yale St to the property.

  • Building

    Sewer Public Sewer

    Water City Franchise

    New Construction No

  • Interior

    Heating Window/Wall Unit(s), Natural Gas

    Cooling Central Air, Window/Wall Unit

    Flooring Tile

    Appliance Built-In Range, Dishwasher, Refrigerator, Washer/Dryer

  • Exterior

    Parking Features On Street, Carport

    Community Features See Remarks

    Roof Type Composition

    Private Pool No

  • Schools

    Elementary Schools William T Machan Elementary School

    Middle Schools William T Machan Elementary School

    High Schools Camelback High School

    School District Phoenix Union High School District

  • Others

    Senior Community No

    Tax ID 117-08-131

    Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan

    Disclosures None

    Listing Terms Conventional, 1031 Exchange, FHA, VA Loan

    Financing Other

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