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2223 E Roosevelt Street

Phoenix, AZ 85006
  • $1,200,000
  • STATUS: Active
  • ID#: 6859452
$1,200,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1952
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Welcome to Three at Bumbalow - A Rare Triplex Investment in the Heart of Central Phoenix! Three at Bumbalow presents a unique opportunity to own a recently upgraded triplex in one of Phoenix's most sought-after and rapidly developing neighborhoods. Ideally located near downtown, major freeways, and light rail access, this property is perfect for investors seeking strong rental income or owner-occupants looking to live in one unit while renting out the others. This well-maintained property was renovated in 2023 and features three individual units: Two units with 2 bedrooms and 1 bathroom each, and One larger unit with 3 bedrooms and 2 bathrooms. Each unit has its own private entrance and offers a functional floor plan designed for comfortable living. A nice side yard adds outdoor space and potential for further enhancements, such as communal gathering areas or added amenities. Each unit is equipped with washer and dryer hookups. All the washers, dryers, and refrigerators are included in the sale and convey. The property is currently self-managed, which keeps operating costs low. This triplex is perfect for both seasoned investors and first-time multifamily buyers looking to enter the market with a well-located, income-producing asset. The units are currently rented at $2,863, $1,584, and $1,985 per month, respectively. Whether you're looking to expand your real estate portfolio, complete a 1031 exchange, or live in one unit while earning passive income from the others, Three at Bumbalow offers flexibility, stability, and upside in a prime Central Phoenix location.

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Arizona Regional MLS logo© 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty Company. Data last updated 2025-05-14T00:13:37.533.
www.arizonahomesearch.com/homes/163418426
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2223 E Roosevelt Street Phoenix, AZ 85006

  • Price: $1,200,000
  • Status: Active
  • On Site: Days
  • ID#: 6859452
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1952
Built
Neighborhood:
Bumbalow Heights Blk 1
County:
Maricopa
Area:
Phoenix
Elementary School:
Excelencia School
Middle School:
Excelencia School
High School:
North High School
Property Description
Welcome to Three at Bumbalow - A Rare Triplex Investment in the Heart of Central Phoenix! Three at Bumbalow presents a unique opportunity to own a recently upgraded triplex in one of Phoenix's most sought-after and rapidly developing neighborhoods. Ideally located near downtown, major freeways, and light rail access, this property is perfect for investors seeking strong rental income or owner-occupants looking to live in one unit while renting out the others. This well-maintained property was renovated in 2023 and features three individual units: Two units with 2 bedrooms and 1 bathroom each, and One larger unit with 3 bedrooms and 2 bathrooms. Each unit has its own private entrance and offers a functional floor plan designed for comfortable living. A nice side yard adds outdoor space and potential for further enhancements, such as communal gathering areas or added amenities. Each unit is equipped with washer and dryer hookups. All the washers, dryers, and refrigerators are included in the sale and convey. The property is currently self-managed, which keeps operating costs low. This triplex is perfect for both seasoned investors and first-time multifamily buyers looking to enter the market with a well-located, income-producing asset. The units are currently rented at $2,863, $1,584, and $1,985 per month, respectively. Whether you're looking to expand your real estate portfolio, complete a 1031 exchange, or live in one unit while earning passive income from the others, Three at Bumbalow offers flexibility, stability, and upside in a prime Central Phoenix location.
Exterior Features

Attached Garage YN No Construction Materials PaintedStuccoBlock Covered Spaces 0 Open Parking Spaces 4 Parking Features Free Road Surface Type Dedicated StreetCurb(s) & Gutter(s)Sidewalk(s) Roof Composition

Interior Features

Appliances Included Washer Dryer Yes Cooling Ceiling Fan(s)Electric Cooling YN Yes FSOven Range Yes Heating Electric Heating YN Yes Interior Features [] WDHookup Yes

Property Features

Community Features No Pool Current Financing Not Applicable Disclosures None Flooring OtherCeramic Tile Gross Income 73324.8 Listing Terms Conventional1031 Exchange Maintenance Expense 2500 Owner Pays Trash CollectionWaterSewer Ownership Fee Simple Project Type Triplex Yes Sewer Public Sewer Tax Annual Amount 888 Tax Year 2024 Water Source See RemarksCity Franchise Zoning R-5

Arizona Regional MLS logo Listing provided by West USA Realty: .


Arizona Regional MLS logo© 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty Company. Data last updated 2025-05-14T00:13:37.533.
 
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Long Realty Company
4051 E. Sunrise Dr, Suite 101
Tucson AZ, 85718