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2612 W Pierson Street
Phoenix AZ 85017 US

$675,000

Active Listing ID 6921067
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Other

$675,000

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: Other
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Floor Covering: Tile, Tile - Ceramic
  • Heating Fuels: Electric (Heating)

Property

  • propertytype: Other
  • propertysubtype: Other
  • listprice: 675000
  • unparsedaddress: 2612 W Pierson Street
  • postalcity: Phoenix
  • stateorprovince: AZ
  • country: US
  • postalcode: 85017
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 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: 4806852760
  • listofficekey: 3yd-ARMLSAZ-myhg01
  • listofficemlsid: myhg01
  • disclaimer: Copyright © 2025 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.myhomegroup.com
  • countyorparish: Maricopa
  • parcelnumber: 154-04-016
  • elementaryschooldistrict: Phoenix Union High School District
  • middleorjuniorschooldistrict: Phoenix Union High School District
  • highschooldistrict: Phoenix Union High School District
  • appliances: Dryer, Refrigerator, Washer/Dryer Combo
  • cooling: Central Air
  • constructionmaterials: Block
  • flooring: Tile, Tile - Ceramic
  • heating: Electric (Heating)
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • 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, "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 South Priest Drive", "ListOfficeAddress2":"Suite #101", "ListOfficeBrokerMlsId":"ag330", "ListOfficeCity":"Tempe", "ListOfficeCountry":"US", "ListOfficeEmail":"andrew@myhomegroup.com", "ListOfficePostalCode":"85281", "ListOfficeStateOrProvince":"AZ", "ListPriceCurrencyType":"USD", "ListingTitle":"Multiple Dwellings - 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":null, "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Multiple Dwellings", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1321, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/18/2025 12:03:37 AM GMT
Source Updated Date: 12/6/2025 12:40:37 PM GMT

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

Copyright © 2025 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.