Four at Pierson | W Pierson Street | Phoenix, AZ 85017. Positioned in a high-demand rental corridor just minutes from Grand Canyon University, major parks, and immediate freeway access, Four at Pierson presents a Four at Pierson presents a remodeled (3 out of the 4 units are extensively remodeled) converted fourplex investment opportunity in the heart of Phoenix.
This thoughtfully upgraded property consists of four (4) one-bedroom, one-bathroom units, each extensively renovated with updated flooring, modernized kitchens, and refreshed bathrooms. The improvements provide strong tenant appeal while minimizing near-term capital expenditure.
All units are currently leased through Home Inc, with rental income ranging from $1,467 to $1,590 per unit, offering stabilized cash flow... in a prime university adjacent location.
Recent capital improvements include the full replacement of existing sewer lines, providing a significant infrastructure upgrade and reducing future deferred maintenance risk.
Investment Highlights:
(3 out of the 4 units are extensively remodeled) Fourplex
Four 1BR / 1BA units
Strong in-place rents: $1,467-$1,590 per unit
Sewer lines recently replaced
Prime proximity to GCU, parks, retail, and major freeways
Professionally managed (Home Inc)
Seller Financing Opportunity:
Seller is willing to carry $50,000 down and will structure an exact wrap of the existing note at 7.25% interest rate, creating a compelling financing option for qualified buyers.
All facts and figures are approximate. Buyer to verify all MLS information and conduct independent due diligence.
For sale
$799,900
2608 W PIERSON Street, Phoenix, AZ 85017
4beds
1baths
2,300sqft
Est.:
Multi Family
Built in 1961
-- sqft lot
$-- Zestimate®
$348/sqft
$-- HOA
What's special
Updated flooringModernized kitchensRefreshed bathrooms
- 21 days |
- 472 |
- 22 |
Zillow last checked: 8 hours ago
Listing updated: February 17, 2026 at 05:05pm
Listed by:
Sophia J Willets 561-269-9525,
Get Multifamily,
Garrett Pedicini 602-791-9497,
Get Multifamily
Source: ARMLS,MLS#: 6982836

Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
Heating
- Electric
Cooling
- Central Air, Heat Pump
Appliances
- Included: Free-Standing Range, Refrigerator, Microwave
Features
- Flooring: Vinyl
Interior area
- Total structure area: 2,300
- Total interior livable area: 2,300 sqft
Property
Parking
- Total spaces: 8
- Parking features: <1 Space Per Unit, On Street
- Covered spaces: 4
- Uncovered spaces: 4
Lot
- Size: 8,197.81 Square Feet
- Dimensions: 62.45 x 131.27
Details
- Parcel number: 15404017A
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Block
- Roof: Composition
Condition
- Year built: 1961
Utilities & green energy
- Electric: SRP
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Features: No Pool
- Subdivision: ALTRO TERRACE
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $348/sqft
- Tax assessed value: $468,300
- Annual tax amount: $2,025
- Date on market: 2/12/2026
- Cumulative days on market: 21 days
- Listing terms: Owner May Carry,Conventional,FHA,VA Loan,Wraparound
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/11/2026 | Listed for sale | $799,900+0.1%$348/sqft |
Source: | ||
| 12/25/2025 | Listing removed | $799,000$347/sqft |
Source: | ||
| 11/21/2025 | Price change | $799,000-3.7%$347/sqft |
Source: | ||
| 10/7/2025 | Price change | $830,000-3.5%$361/sqft |
Source: | ||
| 6/30/2025 | Listed for sale | $860,000+7.5%$374/sqft |
Source: | ||
| 2/15/2024 | Sold | $799,900$348/sqft |
Source: | ||
| 1/29/2024 | Listed for sale | $799,900$348/sqft |
Source: | ||
| 1/27/2024 | Pending sale | $799,900$348/sqft |
Source: | ||
| 1/23/2024 | Listed for sale | $799,900+41.6%$348/sqft |
Source: | ||
| 8/9/2023 | Sold | $565,000+1514.3%$246/sqft |
Source: Public Record Report a problem | ||
| 2/16/2012 | Sold | $35,000-88.2%$15/sqft |
Source: | ||
| 3/23/2006 | Sold | $297,000+57.4%$129/sqft |
Source: Public Record Report a problem | ||
| 5/16/2005 | Sold | $188,700+43.1%$82/sqft |
Source: Public Record Report a problem | ||
| 6/26/2002 | Sold | $131,875+17.2%$57/sqft |
Source: Public Record Report a problem | ||
| 10/27/2000 | Sold | $112,500+42.4%$49/sqft |
Source: Public Record Report a problem | ||
| 7/30/1996 | Sold | $79,000$34/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,506 +10.1% | $46,830 +6% |
| 2024 | $1,368 -0.5% | $44,180 +411.5% |
| 2023 | $1,374 +1.6% | $8,637 -60.8% |
| 2022 | $1,353 +3.1% | $22,060 +0% |
| 2021 | $1,313 +1.2% | $22,050 +15% |
| 2020 | $1,297 +8.3% | $19,170 +20% |
| 2019 | $1,197 | $15,980 +23.3% |
| 2018 | $1,197 +1.3% | $12,960 -7.8% |
| 2017 | $1,182 +10.3% | $14,060 +27.6% |
| 2016 | $1,072 -5.3% | $11,020 +24.9% |
| 2015 | $1,132 | $8,820 +12.9% |
| 2014 | -- | $7,810 +62% |
| 2013 | -- | $4,820 -18% |
| 2012 | -- | $5,880 -22.2% |
| 2011 | -- | $7,560 -35.2% |
| 2010 | -- | $11,660 -35.3% |
| 2009 | -- | $18,030 -1.7% |
| 2008 | -- | $18,350 +17.3% |
| 2007 | -- | $15,650 +43.6% |
| 2006 | -- | $10,900 |
| 2005 | -- | $10,900 +32.9% |
| 2004 | -- | $8,200 |
| 2003 | -- | $8,200 +3.1% |
| 2002 | -- | $7,950 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,014/mo
Principal & interest
$3741
Property taxes
$273
Climate risks
Neighborhood: Alhambra
Nearby schools
GreatSchools rating
- 5/10Granada East SchoolGrades: 4-8Distance: 0.6 mi
- 3/10Alhambra High SchoolGrades: 9-12Distance: 1.5 mi
- 4/10Granada Elementary School-West CampusGrades: PK-4Distance: 0.7 mi
Schools provided by the listing agent
- District: Alhambra Elementary District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 85017
- Arizona
- Maricopa County
- Phoenix
- 85017
- Alhambra
- 2608 W PIERSON Street






