1438 E ADAMS Street, Phoenix, AZ 85034
Property image
Property image
FOR SALE

1438 E ADAMS Street
Phoenix, AZ 85034

Central City
  • 4 Beds
  • 4 Baths
  • 1,924 sqft

$999,000

Est. Mortgage $5,420/mo*
Get Pre-Qualified

$999,000

Est. Mortgage $5,420/mo*
Get Pre-Qualified
4 Beds
4 Baths
1,924 sqft

Local Information

  • Map ViewExplore the area around 1438 E ADAMS Street.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Excellent four-unit multifamily investment property in the Phoenix metro area, minutes from Downtown Phoenix and the Sports Center. Updated in 2022, this well-maintained complex offers strong cash-flow potential with estimated annual income of approximately $50,000. Features include four spacious units with separate bedrooms (no studios), tile flooring throughout, in-unit laundry, and all appliances included, including refrigerators, washers, and dryers. Each unit has dedicated storage and assigned parking. Additional highlights include security doors and windows, privacy fencing, no HOA, Phoenix city tax municipality, and eligibility for subsidized housing programs. A low-maintenance, turnkey investment opportunity in a desirable location.

Home Highlights

Parking
4 Open Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$519
Listed
24 days ago

Home Details for 1438 E ADAMS Street

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4
Dimensions and Layout
Living Area: 1924 Square Feet
Appliances & Utilities
Utilities: Sewer ConnectedAppliances: Free-Standing Range, Disposal, Refrigerator, Free-Standing Electric Oven, Built-In Electric Oven, Microwave, Washer/DryerDisposalLaundry: W/D HookupMicrowaveRefrigerator
Heating & Cooling
Heating: Forced Air,ElectricHas CoolingAir Conditioning: Central Air,ElectricHas HeatingHeating Fuel: Forced Air
Gas & Electric
Electric: APSHas Electric on Property
Windows, Doors, Floors & Walls
Flooring: Laminate
Levels, Entrance, & Accessibility
Floors: Laminate

Exterior Features

Exterior Home Features
Roof: CompositionExterior: Sidewalk(s)
Parking & Garage
Open Parking Spaces: 4No CarportNo GarageHas Open ParkingParking Spaces: 4Parking: Off Street,RV Access/Parking,Paved,1 Space/Unit,On Street,Boat
Frontage
Road Surface Type: AsphaltNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 24

Property Information

Year Built
Year Built: 1983
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Wood Siding, Wood Frame, Painted
Property Information
Parcel Number: 11646068

Price & Status

Price
List Price: $999,000Price Per Sqft: $519

Active Status

MLS Status: Active

Location

Direction & Address
City: PhoenixCommunity: COLLINS ADDITION PHOENIX BLOCKS 31-34 39-40
School Information
Elementary School: Garfield SchoolElementary School District: Phoenix Elementary DistrictJr High / Middle School: Garfield SchoolHigh School: North High SchoolHigh School District: Phoenix Union High School District

Agent Information

Listing Agent
Listing ID: 7044182

Building

Building Area
Building Area: 1924 Square Feet

Community

Community Features: No Pool

Offer

Listing Terms: Owner May Carry, Conventional, 1031 Exchange, Lease Option, Lease Purchase

Business

Business Information
Ownership: Fee Simple

Rental Terms, Policies & Fees

Owner Pays: Trash Collection, Water, Sewer, Landscaping

Miscellaneous

Mls Number: 7044182

Additional Information

No Pool
Last check for updates: about 2 hours ago
Listing courtesy of Joseph Becker, (480) 296-6310
AH Properties
Allen Kelley, (480) 695-2817
AH Properties
Source: ARMLS, MLS#7044182
Also Listed on ARMLS.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Market trends in Central City

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$351K
$3.67KMoM
Sale-to-List Price
—
Price per sq ft
$315
$4MoM
Available listings
150
11MoM

Price History for 1438 E ADAMS Street

DatePriceEventSource
06/19/2026$999,000Listed For SaleARMLS #7044182
04/27/2025$944,000ListingRemovedARMLS #6503268
12/13/2023ListingRemovedARMLS #6503268
05/12/2023$900,990Sold
N/A
03/14/2023$944,000PriceChange
ARMLS #6503268
03/07/2023$944,500PriceChange
ARMLS #6503268
02/27/2023$945,000PriceChange
ARMLS #6503268
02/16/2023$949,000PriceChange
ARMLS #6503268
02/08/2023$994,900PriceChange
ARMLS #6503268
01/20/2023$995,000PriceChange
ARMLS #6503268
01/03/2023$1,050,000Listed For SaleARMLS #6503268
09/30/2022$500,000Sold
ARMLS #6463344
09/14/2022$500,000PendingARMLS #6463344
09/29/1994$37,500Sold
N/A

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Property Tax and Assessment

Year2025
Tax$1,294
Assessment$553,700
Home facts updated by county records

Comparable Sales for 1438 E ADAMS Street

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1423 E PIERCE Street, Phoenix, AZ
0.40
Multi-Family Home
$677,500
09/03/25
4
2
1,900
329 N 17TH Drive, Phoenix, AZ
0.36
Multi-Family Home
$505,000
06/25/26
4
2
1,750
340 N 12TH Street, Phoenix, AZ
0.40
Multi-Family Home
$400,000
12/09/25
4
3
1,589
1306 E FILLMORE Street, Phoenix, AZ
0.43
Multi-Family Home
$505,000
08/05/25
3
3
1,387
1102 E PIERCE Street, Phoenix, AZ
0.65
Multi-Family Home
$850,000
03/31/26
8
4
2,660
1406 E ROOSEVELT Street, Phoenix, AZ
0.64
Multi-Family Home
$1,000,000
09/12/25
5
2
2,430
921 E Roosevelt Street, Phoenix, AZ
0.86
Multi-Family Home
$670,000
07/02/26
4
3
1,952
1305 E MADISON Street, Phoenix, AZ
0.33
Multi-Family Home
$1,250,000
07/15/25
8
2
3,764
1145 E ROOSEVELT Street, Phoenix, AZ
0.71
Multi-Family Home
$495,000
05/15/26
3
3
1,980
1145 E PORTLAND Street, Phoenix, AZ
0.78
Multi-Family Home
$970,000
01/05/26
6
4
3,400

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 1438 E ADAMS Street.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Central City
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Central City

At least 450 Trulia users voted on each feature.

  • 84 % Say there are sidewalks

  • 75 % Say it's dog friendly

  • 70 % Say car is needed

  • 67 % Say there's holiday spirit

  • 66 % Say yards are well-kept

  • 64 % Say it's walkable to restaurants

  • 63 % Say parking is easy

  • 54 % Say streets are well-lit

  • 51 % Say it's quiet

  • 51 % Say people would walk alone at night

  • 49 % Say kids play outside

  • 49 % Say they plan to stay for at least 5 years

  • 44 % Say it's walkable to grocery stores

  • 42 % Say neighbors are friendly

  • 31 % Say there are community events

  • 23 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Jasmine Saenz
    "There is always people walking their dogs or going for a run as well as people on their bikes. There are a few groups that do activities with the community. Local shops are not far are at a good walking distance. "
    0
    Flag
  • Anita Battle
    "It’s nice for what I seen been here two and a half years now and many more years to go can’t wait to explore more of Phoenix "
    0
    Flag
  • Sonny_sonnenstein
    "Just moved to Phoenix - looking for a neighborhood/house. So far it seems like a great town - food, drinks, entertainment, culture."
    0
    Flag
  • Trulia User
    "I've lived downtown over 5 years, and it's pretty safe overall. Minimal noise after business hours, but events and game traffic can get noisy. "
    4
    Flag
  • Trulia User
    "I've lived downtown for 5 yrs and the energy is great. The best part is the easy commute due to being centrally located; "
    5
    Flag
  • Trulia User
    "There is an excellent elementary school in Garfield. The families are what make the neighborhood great. In addition there are a lot of students & ASU employees. It’s close to everything downtown - arts, sports, and restaurants. Other than some transient people that you see anywhere these days, it’s a super cool mix of old & new Phoenix. "
    0
    Flag
  • Trulia User
    "I think the area is a good fit for families and animals, quite well crafted lawn and trees price fairly equal "
    0
    Flag
  • Trulia User
    "I have lived here for over two years and love it. I take the light rail everywhere. Plus every weekend there’s always something new to try and do here."
    8
    Flag
  • Trulia User
    "Lots of shops and things to do in this area. First Friday as well and it is very exciting to be here on that days. "
    6
    Flag
  • Trulia User
    "I love homey feeling in this neighborhood It’s a diamond in a rough place to call home. I love artsy vibe there are many cool places to go"
    4
    Flag
  • Trulia User
    "This neighborhood is safer than the surrounding and it has good schools. The are a alot of places to spend family time. The businesses are affordable. It's a welcoming atmosphere."
    2
    Flag
  • Trulia User
    "Great walking distance to bars and restaurants downtown. Near the farmers market on Saturdays and the baseball stadium. "
    0
    Flag
  • Trulia User
    " By car, 15 usually, up to 25 with traffic as work is farther uptown. Just fine, know which streets to avoid. "
    0
    Flag
  • Trulia User
    "I come here alot and I'm always comfortable in the neighborhood no one ever bothers me everyone is always kind and sticks "
    1
    Flag
  • Trulia User
    "There is a lot of history and some charm, however with the freeways close by and the amount of alley ways that are present in about 95% of the properties; this area gets a lot of homeless, dumpster divers, gang bangers and scouts on the look out for burgarlizing homes. we have to be very vigilant when it comes to our exterior and the back of our home due to very unsafe and unpatroled alley ways."
    0
    Flag
  • Trulia User
    "With supervision, kids can thrive here... I know this because I raised my own children in this area. Phoenix is an enormous city now and logic and prudence should prevail. It's super convenient and equadistant to everyone and everything in the valley! "
    0
    Flag
  • Trulia User
    "The area is affordable and not much else. No local culture and most amenities are a 10 minute drive away. "
    1
    Flag
  • Trulia User
    "a lot of nosey neighbors and complainers on dogs with or without leashes its always something and always too many dog walkers in evening everyone is out with a dog and rude when walking by with yours"
    0
    Flag
  • Vpyle34
    "Traffic is not bad close to the freeways. Easy to get around lots of cops and homeless people though"
    4
    Flag
  • Hiram D.
    "much culture and bars, galleries, cafes... such a good things to do. area is growing up so fast and easy to get everything. a new supermarket. you can walk by all downtown and find new restaurants and great people"
    7
    Flag
  • Meaganannt
    "There’s a lot of homeless in the area. However, there’s a lot of history and culture that children could be exposed to. "
    5
    Flag
  • Maria B.
    "A dog park would be nice and trying to keep the neighborhood clean for all purpose and have everything in order"
    0
    Flag
  • Juliamcswain2017
    "There are 2 dog parks right on the corner of 3rd Ave and Culver St, plus Margaret T Hance park is usually a nice place to walk your dog as well. Dogtopia has also recently opened a facility on the corner of 3rd Ave and McDowell."
    1
    Flag
  • Marysol B.
    "Strong police presence in this neighborhood.. high crime zone... Train passes in the middle of the night.. too many homeless and street people constantly walking by"
    5
    Flag
  • John T.
    "Central location and it makes it easy to explore what Phoenix has to offer, the Phoenix Public Library and Phoenix Art Museum are readily available. "
    1
    Flag
  • Taylor S.
    "Against the traffic is super nice commuting out to Tempe. The tunnel gets most backed up but otherwise, the 9-5 commute is super easy."
    3
    Flag
  • Clementyne.wanders
    "Lots of dog friendly bars/restaurants in the area. Many dog owners in the area that love their puppers as if they were their own babies."
    0
    Flag
  • Alda P. D.
    "Cultural diverse, proactive community with a variety of social spots. Near airport and many amenities within a easy commute distance."
    0
    Flag
  • Mljuarezrubio82
    "Dog owners are irresponsible and just let theirs dogs run the streets. They turn them lose they don’t feed them they don’t groom them. They let them starve and toss them out. "
    0
    Flag
  • Shamlolldesombra1008
    "The commute downtown is 5 minutes . Nice area to live Grocery stores near by hjjkkkkkj the time you come get "
    0
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  • Shonta E.
    "There is a lot of car traffic and there aren’t enough dog parks nearby where dogs and run free. Also other dog owners aren’t very responsible they let unleaded dogs roam the neighborhood and poop in other’s lawn without cleaning up"
    1
    Flag
  • Michelle B.
    "I drive or Uber my way to work. there always seems to be lots of traffic to downtown locations. always construction"
    2
    Flag
  • Deetbornton6153
    "lots of families with young school age children, everyone is pleasant to communicate with, no loud parties"
    2
    Flag
  • Eric M.
    "My neighborhood has access to public transportation in the means of the city bus. Unfortunately the light rail doesn't go that far west. I drive, so I hop on the I10 and can get to the downtown area rather quickly depending on time of day. "
    1
    Flag
  • Oscar M.
    "easy to commute around the city by foot, bike or scooter. Everything I would need is right around the corner. "
    0
    Flag
  • Jay.proformance
    "boating and fishing. There is great ethnc diversity and people of all ages. Closeness to the airport, malls and restaurants make it special."
    1
    Flag

LGBTQ Local Legal Protections

Joseph Becker, AH Properties
Agent Phone: (480) 296-6310
1438 E ADAMS Street, Phoenix, AZ 85034 is a 4 bedroom, 4 bathroom, 1,924 sqft multi-family built in 1983. 1438 E ADAMS Street is located in Central City, Phoenix. This property is currently available for sale and was listed by ARMLS on Jun 19, 2026. The MLS # for this home is MLS# 7044182.