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2612 W Pierson Street
Phoenix AZ 85017 US

$669,900

Active Listing ID 6921067
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$669,900

Active Listing ID 6921067
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2612 W Pierson Street 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.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Floor Covering: Tile - Ceramic
  • Heating Fuels: Electric (Heating)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 669900
  • unparsedaddress: 2612 W Pierson Street
  • postalcity: Phoenix
  • stateorprovince: AZ
  • country: US
  • postalcode: 85017
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 33.507911
  • longitude: -112.115453
  • listagentfullname: Belinda W Li
  • listagentemail: realtybybelinda@gmail.com
  • listagentkey: 3yd-ARMLSAZ-bb526
  • listagentmlsid: bb526
  • listagentpreferredphone: 6023917534
  • listagentofficephone: 6023917534
  • listofficekey: 3yd-ARMLSAZ-myhg01
  • listofficemlsid: myhg01
  • disclaimer: Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: ARMLSAZ
  • yearbuilt: 1961
  • listingcontractdate: 2025-09-16
  • listagenturl: http://www.belinda.sbphx.com
  • countyorparish: Maricopa
  • parcelnumber: 154-04-016
  • elementaryschooldistrict: Alhambra Elementary District
  • middleorjuniorschooldistrict: Phoenix Union High School District
  • highschooldistrict: Phoenix Union High School District
  • appliances: Refrigerator, Free-Standing Electric Oven, Washer/Dryer
  • cooling: Central Air
  • constructionmaterials: Painted, Block
  • flooring: Tile - Ceramic
  • heating: Electric (Heating)
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -112.115456, 33.50791
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"My Home Group", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"realtybybelinda@gmail.com", "ListBrokerageCity":"Scottsdale", "ListBrokerageCountry":"US", "ListBrokerageEmail":"andrew@myhomegroup.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"My Home Group", "ListBrokeragePhone":"(480) 685-2760", "ListBrokeragePostalCode":"85260", "ListBrokerageStateOrProvince":"AZ", "ListBrokerageUnitNumber":"Suite 120", "ListBrokerageUnparsedAddress":"8360 E. Raintree Drive", "ListBrokerageWebsiteUrl":"http://www.myhomegroup.com", "ListOfficeAddress1":"110 S Priest Drive Suite #101", "ListOfficeAddress2":"Suite 120", "ListOfficeBrokerMlsId":"myhg01", "ListOfficeCity":"Tempe", "ListOfficeCountry":"USA", "ListOfficeEmail":"andrew@myhomegroup.com", "ListOfficePostalCode":"85281", "ListOfficeStateOrProvince":"AZ", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Phoenix, AZ", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/2612-W-Pierson-St-Apt-C_Phoenix_AZ_85017_M29783-19273?f=listhub&s=ARMLSAZ&m=6921067&c=rexren", "MLSModificationTimestamp":"2025-11-10 18:31:05", "Neighborhoods":[{"Description":null, "Name":"ALTRO TERRACE"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1321, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/2/2026 10:35:09 AM GMT
Source Updated Date: 1/20/2026 6:40:20 PM GMT

Courtesy of: Belinda W Li, My Home Group Real Estate, realtybybelinda@gmail.com

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.