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18414 N 46th Way, Phoenix
$715,000
4 Beds ⋅ 2 Baths ⋅ 7061179 MLS ⋅ Tatum Manor SubDv. ⋅ CLOSED Status
From the inviting new paver patio entry, step into this thoughtfully updated home showcasing modern upgrades and effortless indoor-outdoor living. Recently repainted inside and out, this home exudes pride of ownership and move-in ready appeal. New roof, new plumbing throughout, new windows (east/west), new screens throughout, new irrigation/landscape lighting/turf/pavers, and new extended patio. The thoughtfully updated kitchen is appointed with beautiful quartz countertops and fashionable finishes, flowing seamlessly into the main living area highlighted by vaulted ceilings and abundant natural light. A cozy fireplace adds warmth and character to the front living room, while luxury vinyl flooring enhances both style and functionality (wheelchair accessible) throughout. Retreat to the stylishly upgraded primary ensuite bathroom that features an easy access curbless walk-in shower designed for ease and comfort. Both the primary and guest bathrooms have been tastefully renovated with gorgeous tile shower walls and quartz counters to reflect today's design trends. Enjoy the added benefit of new Pex plumbing throughout for long-term reliability and peace of mind. The backyard offers a serene, low-maintenance retreat with an extended paver patio and premium artificial turf - perfect for entertaining or a quiet evening at home enjoying Arizona living. Convenient to shopping, restaurants, PV Comm College, and the 51/101 freeways.

18414 N 46th Way, Phoenix

3726 E Winchcomb Drive, Phoenix
$545,900
3 Beds ⋅ 2 Baths ⋅ 7061132 MLS ⋅ Paradise Valley Oasis No. 7 SubDv. ⋅ ACTIVE Status
STR opportunity! Beautiful 3-bedroom, 2-bath home in the desirable Phoenix neighborhood. Step inside to a bright, open layout featuring soaring vaulted ceilings and abundant natural light throughout. Enjoy the benefits of a 2-car garage and an incredible backyard designed for entertaining. Host gatherings under the covered patio or cool off in the sparkling pool--your own private oasis. Furnishings can be included on a separate bill of sale, allowing a buyer to step into cash flow operations from day one if desired or transition easily to family living. This is currently an investment property that operates as a short term rental, currently listed on Airbnb, VRBO and multiple other platforms. Property management in place and will be turn key. Buyer must honor future reservations. A rare opportunity to own a property that delivers immediate income potential and long term lifestyle and appreciation in one of Phoenix's most desirable locations.

3726 E Winchcomb Drive, Phoenix

1927 E Crocus Drive, Phoenix
$625,000
6 Beds ⋅ 6 Baths ⋅ 7060894 MLS ⋅ Cave Creek Unit 3 SubDv. ⋅ CLOSED Status
9.74% Day-One Cap Rate--Exceptional Yield for a Single-Family Investment Absolute NNN Lease Structure--Tenant Reimburses Property Taxes and Insurance Contractual Annual Rent Increases Throughout the Initial Five-Year Lease Term Projected Cap Rate Increases to Approximately 10.43% by Year Five Newly Executed Lease Provides Contractual Rental Income Through December 2030 Tenant's Lease Obligations Are Supported by a Personal Guarantee More Than $40,000 in Recent Renovations and Capital Improvements Predictable Rental Income Backed by Phoenix Residential Real Estate Built-In Income Growth Without Renovation, Repositioning, or Intensive Management Rare Combination of a Double-Digit Forward Cap Rate and Residential Real Estate ABSOLUTE NNN SINGLE-TENANT INVESTMENT 5-Year Lease | Built-In Rental Growth | 9.74% Year 1 Cap Rate POSITIONING Bond-Like Income Secured by Real Estate Absolute Triple NNN lease structure Newly executed 5-year lease commencing January 1, 2026 Personal guarantee Two additional 5-year renewal options Monthly base rent increases by $100 each year Tenant's first right of refusal ASKING PRICE: $695,000 EXECUTIVE SUMMARY Gerchick Real Estate is pleased to present a fully stabilized, single-tenant Absolute NNN investment secured by a newly executed 5-year lease. In addition to base rent, the tenant reimburses the landlord for property taxes and insurance, creating a predictable and largely passive income stream. This investment offers: Immediate cash flow Contractual annual rent growth Minimal landlord responsibility Personal guarantee Long-term renewal potential Strong initial and forward yields The property's value is driven by its contractual income stream. This is not an owner-occupant comparable-sale opportunity--it is a yield-focused real estate acquisition. FINANCIAL OVERVIEW Year 1 Income Base Rent: $5,200 per month NNN Reimbursements: $440.25 per month Total Monthly Income: $5,640.25 Total Annual Income: $67,683 Year 1 Cap Rate Purchase Price: $695,000 $67,683 ÷ $695,000 = 9.74% YEAR 1 CAP RATE: 9.74% FORWARD YIELD GROWTH Lease Year Annual Income Yield on Original Purchase Price Year 1 $67,683 9.74% Year 2 $68,883 9.91% Year 3 $70,083 10.08% Year 4 $71,283 10.26% Year 5 $72,483 10.43% By Year 5, the annual yield increases to approximately 10.43% based on the original $695,000 purchase price. FIVE-YEAR CASH-FLOW PROJECTION Assuming an all-cash purchase at $695,000: Lease Year Projected Gross Income Year 1 $67,683 Year 2 $68,883 Year 3 $70,083 Year 4 $71,283 Year 5 $72,483 Total $350,415 TOTAL PROJECTED FIVE-YEAR GROSS INCOME: $350,415 The projected five-year gross income equals approximately 50.42% of the purchase price, providing investors with the potential to recover more than half of the original acquisition cost through gross income during the initial lease term alone. LEASE ABSTRACT Lease commencement: January 1, 2026 Initial lease term: 5 years Renewal options: Two additional 5-year terms Base-rent increases: $100 per month annually Guarantee: Personal guarantee First right of refusal: Provided to tenant Property taxes: Reimbursed by tenant Property insurance: Reimbursed by tenant Lease structure: Absolute NNN INVESTMENT THESIS Why This Asset Performs Attractive 9.74% initial cap rate Contractual annual rent increases Forward yield exceeding 10% beginning in Year 3 Personal guarantee helps reduce investment risk Minimal ongoing management burden Annual increases provide a hedge against inflation Strong Phoenix location Potential for future cap-rate compression Contractual income secured by underlying real estate Two additional 5-year renewal options This structure may appeal to private investors, 1031 exchange buyers, family offices, and yield-focused purchasers seeking stable real estate income without the management demands of a traditional residential rental. BUYER REQUIREMENTS The Seller recognizes that traditional residential appraisal methodology may not fully reflect the value of the property's contractual income stream. All offers must: Be submitted as an all-cash purchase; or Waive the appraisal contingency; and Include acceptable proof of funds This is an income-driven acquisition. DISCLAIMER All information contained herein has been obtained from sources deemed reliable but is not guaranteed. Buyer shall independently verify all information, including but not limited to lease terms, rental income, reimbursements, expenses, property condition, zoning, square footage, and all other material facts.

1927 E Crocus Drive, Phoenix

18416 N Cave Creek Road Unit 3017, Phoenix
$213,250
2 Beds ⋅ 2 Baths ⋅ 7060868 MLS ⋅ Union Hills Condominium SubDv. ⋅ CLOSED Status
Seize the chance to own this charming condo At the Union Hills Villas-BRAND NEW AC SYSTEM! Fall in love with the appealing open layout including high ceilings, a soothing fresh interior with a new re-paint, blinds, new carpet & padding, NEW plumbing & electrical fixtures throughout. Gourmet kitchen w/NEW granite counters & NEW white shaker cabinets, a mosaic tile full backsplash, NEW built-in SS appliances, pantry, large island, tile floors. The main bedroom suite has a walk-in closet and a private bathroom including new sink/vanity/toilet! All new ceiling fans, New hall bath vanity/sink/toilet! Balcony with views of the neighborhood. The community boasts a pool/spa, picnic spots, workout facility, BBQ area, & well-maintained common areas. Don't miss out on this fantastic opportunity

18416 N Cave Creek Road Unit 3017, Phoenix

16643 N 17th Place, Phoenix
$404,000
3 Beds ⋅ 3 Baths ⋅ 7060824 MLS ⋅ Northern Hills Amd SubDv. ⋅ CLOSED Status
AFFORDABLE JEWEL IN NORTH CENTRAL PHOENIX! This is truly one of the rare ones that checks all wants and needs! Not just a classic ranch style three bedrooms and three bathrooms split, this home boasts TWO master bedrooms and one is a complete suite! Immaculately maintained by the same owners for 50+ years, this home is filled w/warmth and has been loved and continually updated through the years. Warm farmhouse kitchen with custom cottage cabinetry and island is both vintage and thoughtfully designed. Block construction, two car attached garage, block backyard fencing, detached garage w/AC & plumbed in the back, w/a soaring carport that includes a vehicle lift in the backyard that all car enthusiasts dream of AND there's no HOA! This isn't just a house for sale, it's a home.

16643 N 17th Place, Phoenix

3001 E Redfield Road, Phoenix
$545,000
3 Beds ⋅ 3 Baths ⋅ 7060793 MLS ⋅ Dreamstreet Lot 1-21 SubDv. ⋅ CLOSED Status
CORNER LOT! NO HOA! This beautiful single-level home offering 3 bedrooms, 2.5 bathrooms, and 2,327 sq ft with Recent improvements provide peace of mind and modern style, including NEW flooring (2026), NEW refrigerator (2026), freshly painted exterior (2025), NEW water heater (2022), and a NEW roof (2019). The versatile floor plan features a separate formal living room and dining room, plus a spacious family room with a fireplace, providing multiple gathering and entertaining spaces. The kitchen opens to the family area for everyday convenience, while the generous primary suite offers a comfortable retreat. Ideally located in North Phoenix with convenient access to everyday amenities, and the highly desirable Great Hearts North Phoenix campus 0.4 miles from the home, 2.0 miles to Loop 101, 3.0 miles to SR-51, 2.2 miles to Costco Wholesale, 2.5 miles to Paradise Valley Community College, 2.5 miles to Reach 11 Recreation Area & Sports Complex, 3.5 miles to Phoenix Mountain Preserve trail access, 4.5 miles to Desert Ridge Marketplace, 4.5 miles to High Street, and 5.5 miles to Mayo Clinic Hospital Phoenix.

3001 E Redfield Road, Phoenix

16605 N 23rd Place, Phoenix
$480,000
3 Beds ⋅ 2 Baths ⋅ 7060769 MLS ⋅ Dave Brown Bell Road SubDv. ⋅ ACTIVE Status
Enjoy the best of Arizona living in this inviting North Phoenix home, tucked away in quiet neighborhood with a private backyard made for year-round enjoyment. Inside, the thoughtfully designed split floor plan offers 3 bedrooms and 2 full baths, equip with soaring vaulted ceilings, abundant natural light, and durable tile flooring throughout the main living areas. The kitchen seamlessly connects to the dining and living spaces and features stainless steel appliances, generous cabinetry, and a convenient breakfast bar for casual meals or entertaining. The spacious primary retreat offers dual closets and a private bath with a walk-in shower. Step outside to your own backyard oasis featuring a sparkling pool and low-maintenance desert landscaping, perfect for family and friends gather Complete with a 2-car garage and conveniently located just minutes from shopping, dining, parks, and freeway access, this home combines comfort, convenience, and everyday functionality.

16605 N 23rd Place, Phoenix

2051 E Michigan Avenue E Unit 1, Phoenix
$917,900
6 Beds ⋅ 50 Baths ⋅ 7060645 MLS ⋅ ACTIVE Status
NEW BUILD! MOVE-IN READY! URBAN STYLE LIVING! These two (2) NEW BUILD SINGLE FAMILY HOMES, on 1 lot, 1 APN #, same financing as a duplex. 1,600 SQ. FT. | 3 BEDROOMS | 2 BATHS + POWDER ROOM MINUTES FROM THE 101 & 51 FREEWAYS, DESERT RIDGE & KIERLAND! Step inside to dramatic 20-FOOT SOARING CEILINGS and clerestory windows that fill the home with natural light. Contemporary urban-style railings and a gallery overlook to the Great Room create an impressive, open architectural feel. DESIGNED & BUILT TO IMPRESS!! • Quality 2x6 construction • Spray-foam insulation at the roofline • Luxury PLANK laminate flooring throughout • Contemporary urban-style railings • Gallery overlooks to the Great Room • Two private balconies • 2 full baths + powder room with cabinet • Laund " Window coverings & ceiling fans " Designer tile kitchen backsplash " Shaker-style cabinetry & doors throughout " Stainless steel appliances -- refrigerator included! " 2-car garage " Approx. 40' backyard " Front & backyard landscaping ASK ABOUT BUILDER INCENTIVES TO HELP BUY DOWN YOUR INTEREST RATE!

2051 E Michigan Avenue E Unit 1, Phoenix

2208 E Hearn Road, Phoenix
$475,000
4 Beds ⋅ 2 Baths ⋅ 7060606 MLS ⋅ Cave Creek Unit 1 SubDv. ⋅ ACTIVE Status
$24,000 BUYER CREDIT to use towards CLOSING COSTS and BUY DOWN interest rate. Ready to fall in love with this beautiful home? POOL! RV GATE! NO HOA! Many updates to mention, new exterior and interior paint, quality kitchen cabinets 2018, tile floors t/out, recently resurfaced pool and pool pump, dual pane windows installed throughout, AC and water heater 2021, duct seal and insulation 2021, new door hardware and light fixtures, updated bathrooms. This home has been diligently maintained. Enjoy this open-concept floor plan that was updated to impress w/wine cooler, ample wood shaker cabinets, granite counters, a pantry, and recessed lighting. Spacious main bedroom has a triple-wide closet & a private bathroom. Your oasis is ready for you to move in! Secure your private tour today!

2208 E Hearn Road, Phoenix

3642 E Renee Drive, Phoenix
$600,000
4 Beds ⋅ 3 Baths ⋅ 7060565 MLS ⋅ Northgate Village Parcel 1 SubDv. ⋅ ACTIVE UNDER CONTRACT Status
Welcome to this spacious two-story home featuring 4 bedrooms, 2.5 baths & an air-conditioned garage & flex room--ideal for an office, or workspace. Nestled on a quiet CUL-DE-SAC. This gardener's dream features plumeria (frangipani), crape myrtle, Meyer lemon & lime trees, thoughtfully designed & nurtured by a landscape architect. Over $30,000 in plants.Relax in the large & private covered patio with 3 dimmable fans/lights. Improvements include new interior & exterior paint, new blinds, a new roof with transferable warranty, a 50-gallon water heater & water softener with an additional tank & filter, a reverse osmosis system, & new garage door springs. Solar adds energy efficiency. Walk to Paradise Valley Community College; close to Desert Ridge, Mayo Clinic & freeways. WELCOME HOME!

3642 E Renee Drive, Phoenix

4209 E Friess Drive, Phoenix
$430,000
2 Beds ⋅ 2 Baths ⋅ 7060222 MLS ⋅ The Vintage Replat Mcr 28 SubDv. ⋅ CLOSED Status
SPECTACULAR COMPLETELY REMODELED 2 BEDROOM 2 BATH SINGLE LEVEL PATIO HOME ON A QUIET INTERIOR NORTH/SOUTH LOT! FRESH INTERIOR PAINT! NEW ROOF IN 2022 AND NEW AC UNIT IN 2024! BRAND NEW WATER HEATER IN 2026! THIS BEAUTIFUL HOME IS IN A PREMIUM LOCATION IN THE BACK OF THE COMMUNITY CLOSE TO THE POOL, SPA AND COMMUNITY PARK! WALK OR BIKE TO THE NEW PV MALL REDEVELOPMENT AREA! FEATURES INCLUDE AN OPEN/AIRY GREAT ROOM FLOOR PLAN WITH VAULTED CEILINGS, WOOD STYLE TILE PLANK FLOORING T/O, PLANTATION SHUTTERS T/O, A BEAUTIFUL KITCHEN WITH WHITE SHAKER SOFT CLOSE CABINETS, QUARTZ COUNTERS, LARGE PANTRY WITH ROLL OUT DRAWERS, LAZY SUSAN AND STAINLESS APPLIANCES INCLUDING FRIG, FULLY REMODELED BATHROOMS (SECONDARY BATHROOM HAS A ROLL IN SHOWER), LARGE BEDROOMS, INSIDE LAUNDRY WITH WASHER/DRYER AND MUCH MORE! THE BACKYARD FEATURES 2 SEPARATE PATIOS AND BACKS TO A COMMON AREA

4209 E Friess Drive, Phoenix

1720 E Thunderbird Road Unit 1040, Phoenix
$220,000
2 Beds ⋅ 2 Baths ⋅ 7060207 MLS ⋅ Cliffs At North Mountain Condominium SubDv. ⋅ ACTIVE Status
Investors, take note: Renters in place through February 2027. This beautiful, well-maintained condo has a newer washer-dryer and is wired for a security system. The floors and interior paint were redone in 2023, and the exterior paint was completed in 2025. There is plenty of storage space with two patio closets and three interior closets. This cozy condo is in the highly sought-after community of the Cliffs at North Mountain. The Cliffs has two community pools, one heated, heated spas, a clubhouse and a gym, and has on-site security. It's centrally located near I51, the new PV Mall, ASU West, Dream City Church, Hidden Hills Elementary, top-10-ranked BASIS Phoenix, and it's about 25 minutes to TSMC. This is a great money-making opportunity or make this bright condo your new home!

1720 E Thunderbird Road Unit 1040, Phoenix

14826 N 47th Place, Phoenix
$830,000
4 Beds ⋅ 2 Baths ⋅ 7060127 MLS ⋅ La Via Verde 2 SubDv. ⋅ CLOSED Status
Beautifully updated and move-in ready, this exceptional home blends modern style, functional living, and an incredible backyard. Built in 1980, renovated in 2012, and fully remodeled in 2022, it's nestled on a quiet cul-de-sac in the highly sought-after Paradise Valley School District. The open floor plan features 4 bedrooms, 2 bathrooms, two family rooms, a dining area, and a breakfast bar--perfect for everyday living and entertaining. A spacious laundry room and oversized 2-car garage provide ample storage. Outside is where the property truly shines. Two driveways, including one with an RV gate, offer access to the expansive backyard with endless possibilities for a pool, casita, sport court, outdoor kitchen, garden, or your own private retreat.

14826 N 47th Place, Phoenix

14644 N 43rd Place, Phoenix
$627,000
3 Beds ⋅ 2 Baths ⋅ 7060108 MLS ⋅ Covey Unit 8 SubDv. ⋅ CLOSED Status
Tastefully updated 3-bedroom, 2-bath home located in the heart of everything Scottsdale & Paradise Valley have to offer! Designed w/ both style & functionality in mind, the kitchen serves as the heart of the home, featuring quartz countertops, oversized island, shaker cabinetry, a designer tile backsplash, woven pendant lighting, built-in wine storage & stainless steel appliances. The open-concept layout creates a seamless flow between the kitchen, dining & living areas, making everyday living & entertaining effortless. Step outside to your private backyard retreat, complete w/ a sparkling pool & multiple spaces to relax or gather w/ family & friends. Thoughtfully updated w/ timeless finishes throughout, this move-in-ready home perfectly blends comfort & Arizona indoor/outdoor lifestyle. The home was previously 4-bedrooms. The larger guest room was previously 2 separate rooms and can easily be converted back.

14644 N 43rd Place, Phoenix

2908 E Cactus Road, Phoenix
$392,000
3 Beds ⋅ 2 Baths ⋅ 7059957 MLS ⋅ Topaz Park SubDv. ⋅ CLOSED Status
Welcome to this charming and lovingly maintained 3-bedroom, 2-bath home in a desirable North Phoenix neighborhood just minutes from Paradise Valley. Featuring an original fireplace, Arizona room, abundant storage, and a spacious 2-car garage, this home offers comfort, character, and flexibility. Enjoy Arizona living in the expansive front and backyard with a sparkling pool, diving board, and plenty of room to entertain. Located in the highly sought-after Paradise Valley Unified School District with no HOA and convenient access to shopping, dining, hiking trails, SR-51, and Loop 101. Move in and enjoy today or add your own personal style over time. Additional Property Information: This home has been well maintained and offers a solid combination of character, functionality, and long-term ownership care. Notable improvements include remodeled bathrooms (2008), a 2-car garage addition (2008), remodeled kitchen (2010), water heater replaced (2018), and HVAC system replaced (2019). The home features an original fireplace, a versatile Arizona room, abundant storage throughout, and a private backyard with a pool and diving board. The spacious front and back yards provide ample room for entertaining, gardening, or outdoor activities. Located in the highly desirable Paradise Valley Unified School District with no HOA and convenient access to Paradise Valley, shopping, dining, hiking trails, SR-51, and Loop 101. The home has been thoughtfully cared for over the years and offers an excellent opportunity for buyers who wish to update finishes to their own preferences while enjoying a well-maintained property in a prime North Phoenix location.

2908 E Cactus Road, Phoenix

19202 N 30th Street, Phoenix
$1,049,000
4 Beds ⋅ 3 Baths ⋅ 7059908 MLS ⋅ Custom SubDv. ⋅ ACTIVE Status
MORE THAN A HOME--ROOM FOR YOUR HOBBIES, PROJECTS, VEHICLES & LIFESTYLE! Discover this beautifully remodeled 4-bedroom, 3-bathroom North Phoenix home offering exceptional versatility inside & out! Enjoy brand new wood-look tile flooring, fresh interior paint, updated baseboards, inviting living spaces designed for everyday comfort & entertaining. The finished basement features a kitchenette, full bathroom, & separate backyard access. Whether you envision guest accommodations, extended stays, a home office, or additional entertaining space, the possibilities are endless! Additional highlights include a new HVAC unit, new water heater, & thoughtful updates throughout. Step outside to your private backyard retreat, complete with a sparkling swimming pool, putting green & low maintenance turf.

19202 N 30th Street, Phoenix

17225 N 16th Street N Unit 3, Phoenix
$239,900
2 Beds ⋅ 1 Baths ⋅ 7059907 MLS ⋅ Campo Bello Gardens Amd SubDv. ⋅ ACTIVE Status
Welcome home to over a thousand square feet with potential and location. Gaze for days at the swimming pool and grassy area from the kitchen and dining room windows. The kitchen features stainless steel Frigidaire appliances including a refrigerator, glass top electric stove, dishwasher and built in microwave. The large living room has vaulted ceilings. It and the large master and second bedroom all have ceiling fans. No popcorn ceilings here. The north facing private, block fenced backyard has a large partially covered paver patio and walkway that allows direct access to your car. Whirlpool Duet Washer and Dryer included! Minutes away from Desert Ridge, PV, shopping, restaurants and schools with easy access to the 101, 51 and I-17. TSMC is about 15 miles away,

17225 N 16th Street N Unit 3, Phoenix

4337 E Campo Bello Drive, Phoenix
$515,000
3 Beds ⋅ 2 Baths ⋅ 7059838 MLS ⋅ Belmont SubDv. ⋅ ACTIVE UNDER CONTRACT Status
Introducing this beautifully maintained North Phoenix home, where modern updates, energy efficiency, and pride of ownership create exceptional value. Fresh exterior and interior paint gives the home a bright, clean, and contemporary feel from the moment you step inside. The spacious primary suite features a beautifully remodeled bathroom (2024), offering a stylish and relaxing retreat. The kitchen is truly move-in ready with a full suite of appliances, all replaced in 2022. Enjoy peace of mind with numerous major updates, including a newer HVAC system, a water heater replaced in 2024, and new sunscreens on every window to improve comfort and energy efficiency. An owned solar system provides long-term savings on utility costs while adding significant value to the home. With its thoughtful upgrades, low-maintenance features, and desirable North Phoenix location, this home is ready for its next owner to move in and enjoy.

4337 E Campo Bello Drive, Phoenix

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