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Executive Summary

2 Buildings at 2051 E. Michigan Ave, 2 Buildings at 2045 E. Michigan Ave and 2 Buildings at 2041 E Michigan Ave,
Can sell 2, 4 or all 6.
These are single family homes being marketed for sale individually for $489,000 each.
A rental rate of $2750/mo for each unit is a conservative rental rate, but would list them for higher to start.
Electric and Water can be passed through to tenants, all sep metered.

Attachments

Multi for sale 1
floor plans
floor plans

Property Facts

Price $970,000
Price Per Unit $485,000
Sale Type Investment
Sale Condition Bulk/Portfolio Sale
No. Units 2
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Building Class C
Lot Size 0.16 AC
Construction Status Under Construction
Building Size 3,200 SF
No. Stories 2
Year Built 2026

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2.5 2 $2,700 1,600
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
20/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
214-71-154
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$6,055
  • Listing ID: 40732383

  • Date on Market: 5/31/2026

  • Last Updated:

  • Address: 2051 E Michigan Ave, Phoenix, AZ 85022

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