$425,000
Phoenix, AZ 85008
MLS# 6984953
1 / 10
Property Description
Great investment opportunity in East Phoenix near 26th St & McDowell! This fully occupied triplex features three 1-bedroom, 1-bath units, each with its own kitchen, living room, and functional floor plan. All units are currently rented, providing immediate income potential for investors. Property offers dedicated parking with space for two vehicles per unit and easy access to major roads, shopping, dining, and public transportation. Convenient central location near Downtown Phoenix, Sky Harbor Airport, hospitals, and employment centers. Ideal addition to a rental portfolio or for investors seeking stable cash flow in a high-demand rental area.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $425,000
List Price: $425,000
Status: Active
List Date: 2026-02-14
Location, Tax & Legal
Assessor's Map #: 77
Legal Description (Abbrev): DEL REY N 175' OF W2 LOT 16 EX N 30' ST
Assessor's Parcel #: 16
Assessor Parcel Ltr: A
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 113501
Taxes: 624
Legal: DEL REY N 175' OF W2 LOT 16 EX N 30' ST
Marketing Name: DEL REY
House Number: 2621
Compass: E
Street Name: BRILL
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Zip4: 4604
County Code: Maricopa
Subdivision: DEL REY LOTS 101-140
Assessor Number: 121-77-016-A
Tax Year: 2025
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 6
Lot Size Dimensions: 8719
Total # of Units: 3
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
Elementary School: The Creighton Academy
Jr. High School: The Creighton Academy
High School: Camelback High School
Year Built: 1965
Zoning: R3
Legal Info
Range: 3E
Section: 2
Township: 1N
Lot Number: 16
Project Type
Tri-Plex: 1
Construction
Block: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Composition: 1
Floors
Concrete: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Gas Exp: 200
Annual Ins Exp: 1500
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 2324
Other Income: 0
Vacancy Allowance: 0.01
Adjusted Gross Inc: 39600
Pmt & Rate Info
Cap Rate: 7.95
Equity: 425000
Down Payment %: 10
Monthly Payments: 2595
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Other: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Electric: 1
Tenant Pays
Gas: 1
Electricity: 1
Appliances Included
Refrigerator: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Paved: 1
Electric
APS: 1
Gas
SW Gas: 1
None: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
# Efficiency Units: 3
Avg Rent: 1000
Avg SqFt: 500
# Baths: 1
1 Bedroom Units
# 1 Bedroom Units: 3
Avg Rent: 1000
Avg SqFt: 500
# Baths: 1
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: MCDOWELL RD AND 26TH STREET
Directions: EAST ON MCDOWELL RD TO 26TH STREET SOUTH ON 26TH STREET TO BRILL ST EAST ON BRILL ST TO PROPERTY
Geo Lat: 33.464592
Geo Lon: -112.024928
Income Expenses
Gross Annual Sch Inc: 40000
Net Operating Income: 33800
Property Features
Project Type: Tri-Plex
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Concrete
Sale Includes: Land & Building
Community Features: No Pool
Appliances Included: Refrigerator
Cooling: Electric
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas; None
Parking Features: Paved
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity; Gas
Source of Fincl Data: Owner
Lockbox Type: Other
New Financing: Cash; VA; FHA; Conventional
Environmental: None
Listing Office: eXp Realty
Last Updated: February - 15 - 2026
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