2509 E WILLETTA Street, Phoenix, AZ 85008

New Listing
$395,000
Property Type: Multiple Dwellings Status: Active
Current Price: $395,000 List Date: 6/02/2026 Last Modified: 6/03/2026

Overview

Description

Excellent investment opportunity! This 4-plex is ideally located near major freeways, shopping, dining, schools, and everyday conveniences, offering strong appeal for both tenants and investors. The property features four units with significant income-producing potential. While the property needs TLC, it presents an excellent value-add opportunity for investors looking to renovate, increase rents, and build equity. Whether you're expanding your portfolio or seeking a multifamily property in a highly accessible location, this property offers tremendous upside and long-term potential.

Listing Details MLS# 7036021

Location, Tax & Legal

House Number
2509
Compass
E
Street Name
WILLETTA
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85008
Zip4
4636
Country
US
County Code
Maricopa
Subdivision
NORTH ELSINORE BLOCK 13-14
Assessor Number
121-78-110
Tax Year
2025
Assessor's Map #
78
Legal Description (Abbrev)
N ELSINORE LOT 5 BLK 11 & ALSO TH PT SW2 ABAN MAR CAN LY ADJ & N OF SD LOT
Assessor's Parcel #
110
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
113501
Taxes
748
Legal
N ELSINORE LOT 5 BLK 11 & ALSO TH PT SW2 ABAN MAR CAN LY ADJ & N OF SD LOT
Marketing Name
n/a

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
130.61 X 50.61
Year Built
1950
Uncvrd Parking Spcs
4
Total # of Units
4
# of Buildings
2
Zoning
R-3
Elementary School District
Creighton Elementary District
High School District
Phoenix Union High School District

Remarks Misc

Cross Street
24th st & McDowell
Directions
Use GPS

Legal Info

Township
1N
Range
3E
Section
2
Lot Number
5

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes
Email
Yes
Phone Call
Yes

More Information

Efficiency Units

# Efficiency Units
Yes
Avg Rent
1200
Avg SqFt
400
# Baths
Yes

1 Bedroom Units

# 1 Bedroom Units
3
Avg Rent
1500
Avg SqFt
560
# Baths
Yes

Contact Info

List Agent Home Phn
602-459-4999

Project Type

Four Plex
Yes

Construction

Wood Frame
Yes

Const - Finish

Stucco
Yes

Roofing

Composition
Yes

Floors

Tile
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
748
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
0

Pmt & Rate Info

Equity
395000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

See Private Remarks
Yes

Community Features

See Remarks
Yes

Heating

Central
Yes

Cooling

Central Air
Yes

Tenant Pays

Other (See Remarks)
Yes

Appliances Included

Free-Standing Gas Oven
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Other (See Remarks)
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

Carport
Yes
>1 Space Per Unit
Yes

Electric

APS
Yes

Gas

SW Gas
Yes

Owner Pays

Other
Yes

New Financing

Cash
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

2 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Four Plex Construction: Wood Frame Const - Finish: Stucco Roofing: Composition Floors: Tile Sale Includes: Land & Building Community Features: See Remarks Appliances Included: Free-Standing Gas Oven Heating: Central Cooling: Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: Carport; >1 Space Per Unit Road Surface Type: Asphalt Owner Pays: Other Tenant Pays: Other (See Remarks) Source of Fincl Data: Other (See Remarks) Showing Notification Methods: Text; Email; Phone Call Lockbox Type: See Private Remarks Existing 1st Loan: Treat as Free&Clear New Financing: Cash Environmental: None
IDX
Listing Office: Avenue Home Realty
Last Updated: June - 03 - 2026
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