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$1,280,000

  • For Sale
  • Active
  • Multi-Family
  • 12 Total Beds
  • Updated 12 days ago
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Incredible Investment Opportunity in the Heart of Historic Garfield - A rare and highly desirable 4-unit multifamily property nestled in one of Phoenix's most sought-after and culturally rich neighborhoods, the Historic Garfield District. Whether you're a seasoned investor or looking to house-hack your way to financial freedom, this property delivers cash flow with massive upside potential. Each spacious 900 sqft units features 3 bedrooms and 2 full bathrooms, offering a layout that commands top-of-market rents in today's competitive Phoenix rental market. With a projected average rental income of $2,100 per unit per month. Situated in the heart of the Historic Garfield District one of downtown Phoenix's most vibrant , walkable, and character-filled neighborhoods.

Full Property Details for 1021 E Pierce St

General

  • Price: $1,280,000
  • Taxes: $2,795 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 7076583
  • Updated: 9/5/2026
  • Added to Site: 12 day(s) ago

Interior

  • Appliances: Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer, Washer and Dryer Hookups
  • Flooring: Laminate

Rooms

Bathrooms

  • Total Bathrooms: 8

Bedrooms

  • Total Bedrooms: 12

Additional Information

  • Security/Safety: Security Light(s)

Exterior

  • Exterior Features: Sidewalk(s)

Parking

  • Parking Features: Assigned, Add'l Parking Avail, 1 Space/Unit, On Street

Location

  • County: Maricopa
  • Cross Streets: 11th steet and Pierce

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s)
  • Heating Type: Hot Water, Forced Air, Ceiling

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 1
  • Exterior Const.: Wood Frame, Stucco, Stone
  • Roof: Composition
  • Year Built: 2006

Lot Features

  • Lot Dimensions: 0.158 acres
  • Frontage: Asphalt
  • Zoning: R-3

Financial Considerations

  • Tax Amount: $2,795
  • Tax Year: 2025
  • Terms: Owner May Carry, Other (See Remarks), FHA, VA Loan
  • Owner Pays: Electricity, Water, Sewer

Disclosures and Reports

  • Property ID: 113-27-111
  • Lot Number: 116-27-111

Listed by FSR Realty

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Listing agent

— 1021 E Pierce St —

  • FSR Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1021 E Pierce St

School Districts:Phoenix Elementary District, Phoenix Union High School District
NameGradesDistance
Garfield School
811 North 13th Street, Phoenix, AZ 85006
PK-80.4 mi
North High School
1101 East Thomas Road, Phoenix, AZ 85014
9-121.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1021 E Pierce St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/05/2026
Listed
$1,280,000
1.19%
MLS
3/12/2025
Sold
$1,265,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1021 E Pierce St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,795
—
$19,679
-80%
2025
$2,795
7%
$99,760
7%
2023
$2,606
4%
$93,520
44%
2022
$2,514
—
$64,900
45%
2022
$2,514
1%
$44,830
23%
2021
$2,495
-1%
$36,410
7%
2020
$2,523
—
$34,000
7%
2019
$2,519
2%
$31,680
8%
2018
$2,476
2%
$29,230
-1%
2017
$2,419
3%
$29,550
6%
2016
$2,349
8%
$27,920
11%
2015
$2,174
-4%
$25,050
43%
2014
$2,271
23%
$17,470
41%
2013
$1,844
—
$12,430
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by FSR Realty

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1021 E Pierce Street, Phoenix, AZ 85006 (MLS# 7076583) is a Multi-Family property with 4 units containing 12 bedrooms and 0 full bathrooms. 1021 E Pierce Street is currently listed for $1,280,000 and was received on September 05, 2026. Want to learn more about 1021 E Pierce Street? Do you have questions about finding other Multi-Family real estate for sale in Central City? You can browse all Central City real estate or contact a Coldwell Banker agent to request more information.

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