2612 W Pierson Street, Phoenix, AZ 85017
Local realty services provided by:CENTURY 21 Arizona Foothills
2612 W Pierson Street,Phoenix, AZ 85017
$649,000
- 5 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: belinda w li, christopher anthony tran
Office: my home group real estate
MLS#:6921067
Source:ARMLS
Price summary
- Price:$649,000
About this home
Fully renovated triplex investment opportunity in Phoenix's 85017 Canyon Corridor. The property underwent a comprehensive refresh just over a year ago and has been meticulously maintained since. Major capital improvements include a new roof (July 2024), all new sewer lines from under-slab to city connection, and updated electrical wiring--rare peace of mind for multifamily in this vintage.
Each unit offers upgraded finishes with new flooring, cabinets, windows (with 2'' faux wood blinds), stainless steel appliances, in-unit stack washer/dryer, and private fenced backyards. Two of the three AC units and all water heaters installed in 2024. The property features block wall construction with metal security gates, a shared courtyard with picnic area, and strong tenant appeal. Currently 100% occupied. Grand Canyon University (GCU) is the neighborhood's dominant demand driver. Enrollment has surged from ~118,000 in 2023 to over 125,000 in 2024, and is projected to exceed 133,000 by 2025-26. The Phoenix campus now houses ~25,000 students, with ~17,000 living in 33 residence halls. GCU's growth generates year-round rental demand, service jobs, and billions in annual economic output for the area. Ongoing Canyon Corridor revitalization through public-private partnerships improving safety, streetscape, and long-term property values. Just off I-17 with direct access to Camelback Rd and 27th Ave. Served by Valley Metro bus routes and a short ride to light rail....
Contact an agent
Home facts
- Year built:1961
- Subdivision & Development:ALTRO TERRACE
- Listing ID #:6921067
- Updated:August 20, 2026 at 03:06 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Flooring:Ceramic Tile
Heating and cooling
- Heating:Electric
- Central air:Yes
Structure and exterior
- Year built:1961
- Construction Materials:Block, Painted
Utilities
- Water:City Franchise
Finances and disclosures
- Price:$649,000
- Tax amount:$1,321 (2024)
Parking
- Total parking spaces:3
- Parking description:1 Parking Space/Unit
New listings near 2612 W Pierson Street
- New
$389,000Active4 beds 2 baths1,866 sq. ft.6804 S 43rd Lane, Laveen, AZ 85339
MLS# 7068932Listed by: A.Z. & ASSOCIATES - New
$539,000Active3 beds 2 baths1,703 sq. ft.7235 S Golfside Lane, Phoenix, AZ 85042
MLS# 7068934Listed by: WEST USA REALTY - New
$1,200,000Active2 beds 3 baths1,781 sq. ft.5250 E Deer Valley Drive #156, Phoenix, AZ 85054
MLS# 7068957Listed by: RUSS LYON SOTHEBY'S INTERNATIONAL REALTY - New
$2,850,000Active2 beds 3 baths2,232 sq. ft.7120 E Kierland Boulevard #617, Scottsdale, AZ 85254
MLS# 7068958Listed by: MY HOME GROUP REAL ESTATE - New
$475,000Active4 beds 3 baths2,357 sq. ft.3025 W T Ryan Lane, Phoenix, AZ 85041
MLS# 7068878Listed by: RE/MAX DESERT SHOWCASE - New
$154,900Active2 beds 2 baths840 sq. ft.17 E Ruth Avenue #122, Phoenix, AZ 85020
MLS# 7068885Listed by: DESERT WEST REALTY LLC - New
$379,900Active2 beds 1 baths1,039 sq. ft.13607 N 21st Place, Phoenix, AZ 85029
MLS# 7068888Listed by: HOMESMART - New
$438,000Active2 beds 2 baths1,277 sq. ft.5104 N 32nd Street #123, Phoenix, AZ 85018
MLS# 7068890Listed by: HOMESMART - New
$2,025,000Active5 beds 3 baths4,268 sq. ft.7320 N Central Avenue, Phoenix, AZ 85020
MLS# 7068908Listed by: COMPASS - New
$490,000Active3 beds 1 baths952 sq. ft.2201 E Campbell Avenue, Phoenix, AZ 85016
MLS# 7068916Listed by: 4 U REALTY PLUS