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Listing provided courtesy of Matthews Real Estate Investment Services- MLS# 7014168MLS Provider

3020 E YALE StreetPhoenix, AZ 85008

Multi-Family
$795,000 UCB (Under Contract-Backups)

3020 E YALE Street Overview

Time on Site:
76 days
Visits:
0

Fully renovated and vacant 3-unit apartment community located in the desirable East Phoenix Submarket. Originally built in 1961, the property has undergone comprehensive interior + exterior upgrades, positioning it as a turnkey investment in a strong rental submarket. Interior upgrades include in-unit GE washer/dryer, quartz countertops, laminate wood-style flooring, brand-new shaker-style cabinetry, and walk-in tile showers. Exterior improvements include fresh paint, new asphalt, updated landscaping, and the addition of perimeter fencing and turf, enhancing curb appeal and while minimizing future capital needs. Each unit is currently fully vacant, providing a great opportunity for either an owner-occupant or investor to immediately implement a tailored leasing strategy. Owner/Agent

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3020 E YALE Street Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: Phoenix Union High School District
  • Elementary School: Monte Vista Elementary School
  • Middle Or Junior School: Monte Vista Elementary School
  • High School: Camelback High School

Income/Expenses

  • Gross Income: 53600.0
  • Gross Scheduled Income: 51300.0
  • Insurance Expense: 2800.0
  • Net Operating Income: 41000.0
  • Operating Expense: 4308.0

Building Information

  • Year Built: 1961

Location/Region

  • Country: US
  • County Or Parish: Maricopa
  • Postal City: Phoenix
  • Subdivision Name: CARDINAL TRACT
  • Township: 2N

Community/Development

  • Community Features: No Pool

Tax Information

  • Tax Annual Amount: $1,508.00
  • Tax Year: 2025

General Information

  • Disclosures: None
  • Listing Terms: Conventional,1031 Exchange,FHA,VA Loan
  • Ownership: Fee Simple
  • Parcel Number: 120-22-005
  • Property Type: Multiple Dwellings
  • Zoning: R3

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Electric: SRP,Individual Meter
  • Flooring: Concrete
  • Security Features: Security Light(s)

Exterior

Parking Information

  • Parking Features: 1 Space/Unit,On Street,Carport

Lot Information

  • Additional Parcels: false
  • Lot Size Dimensions: 8964 sqft
  • Number Of Buildings: 2
  • Road Surface Type: Asphalt
  • Water Source: Master Meter,City Franchise

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Painted,Block
  • Roof: Composition

General Information

  • Covered Spaces: 3.0
  • Number Of Units Total: 3
  • Sewer: Public Sewer

3020 E YALE Street Neighborhood

Community

85008 (Phoenix) Demographics

30
Median Age
5,983
Population Density (per sq. mile)
30%
College Educated
$46,724
Estimated Median Income
6,465
Estimated Total Home Owners
16,485
Estimated Total Renters
28% / 72%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3020 E YALE Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3020 E YALE Street Market Data

Based on the last 30 days in this zip code

$467,678
Average List Price
$322
Average Price per Square Foot
21
Properties Sold
83
Average Days on Market
127
Properties for Sale
Calculations provided by Reliance Network

3020 E YALE Street History

Date Event Value Agent
6/5/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Status Change
UCB (Under Contract-Backups)
5/26/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$795,000 -6.4%
4/15/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
April 15, 2026
10/21/2025Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Status Change
Closed
9/23/2025Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Status Change
UCB (Under Contract-Backups)
9/17/2025Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
September 17, 2025