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$850,000 Just Listed
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Property Description
Excellent investment opportunity in the heart of Phoenix! This centrally located triplex offers strong rental appeal and immediate income potential, as all units are currently fully leased. The property features two units with 2 bedrooms and 1 bathroom, plus a spacious third unit offering 3 bedrooms and 2 bathrooms - ideal for attracting a variety of tenants. Each unit has been thoughtfully updated with modern finishes, including wood-look flooring, neutral color palettes, recessed lighting, and stylish kitchens complete with white shaker cabinetry, quartz countertops, stainless steel appliances, and tile backsplash. Residents enjoy private covered patios, front turf areas, and the convenience of in-unit washer and dryer - features that enhance tenant satisfaction and retention. Situated near major freeways, downtown Phoenix, Chase Field, ASU, Phoenix Children's Hospital, shopping, dining, and public transportation, this property offers both convenience and long-term desirability. Easy to manage and located in a high-demand rental corridor, this is an ideal addition to any investment portfolio. Don't miss this opportunity to own a well-maintained multi-family property in a prime central location!
Full Property Details
Full Property Details for 1950 E Yale St
General
- Price: $850,000
- Taxes: $1,247 (2025)
- Status: Active
- Type: Triplex
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6984600
- Updated: 2/14/2026
- Added to Site: 5 day(s) ago
Interior
- Appliances: Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
- Flooring: Ceramic Tile
Parking
- Parking Features: Paved, On Street
Location
- County: Maricopa
- Township: 2N
- Cross Streets: THOMAS AND 20TH ST
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Electric
- Heating Type: Electric
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 1
- Exterior Const.: Painted, Block
- Roof: Composition
- Year Built: 1961
Lot Features
- Lot Dimensions: 8468
- Frontage: Asphalt
Financial Considerations
- Tax Amount: $1,247
- Tax Year: 2025
- Terms: Conventional, FHA, VA Loan
- Owner Pays: Other, See Remarks
Disclosures and Reports
- Legal Description: E 130F NE4 NE4 SE4 NW4 EX N 160F & EX W 50F OF S 140F OF E 130F & EX S & E 25F RDS
- Property ID: 117-06-112-A
- Range: 3E
- Section: 34
- Lot Number: 123
Listed by Barrett Real Estate
Get Pre-Approved Today
Schools
Schools serving 1950 E Yale St
School Districts:Creighton Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Loma Linda Elementary School 2002 East Clarendon Avenue, Phoenix, AZ 85016 | K-8 | 1.1 mi |
North High School 1101 East Thomas Road, Phoenix, AZ 85014 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1950 E Yale St
Date
Details
Price
Change
Source
2/14/2026
Listed
$850,000
13.33%
MLS
6/09/2022
Sold
$750,000
—
Public Record
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
Tax History for 1950 E Yale St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,247
4%
$57,360
15%
2024
$1,201
1%
$49,930
-12%
2023
$1,187
4%
$56,700
42%
2022
$1,140
—
$39,980
32%
2022
$1,140
-2%
$30,280
28%
2021
$1,168
2%
$23,730
14%
2020
$1,140
1%
$20,730
14%
2019
$1,132
2%
$18,170
15%
2018
$1,108
4%
$15,820
14%
2017
$1,066
4%
$13,900
20%
2016
$1,024
7%
$11,570
18%
2015
$953
9%
$9,800
27%
2014
$872
33%
$7,710
67%
2013
$657
—
$4,630
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1950 E Yale St
1950 E Yale Street, Phoenix, AZ 85006 (MLS# 6984600) is a Triplex property with 0 bedrooms and 0 full bathrooms. 1950 E Yale Street is currently listed for $850,000 and was received on February 14, 2026. Want to learn more about 1950 E Yale Street? Do you have questions about finding other Triplex real estate for sale in Maryvale? You can browse all Maryvale real estate or contact a Coldwell Banker agent to request more information.

