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2957 E Atlanta Ave
Multi-Family
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$545,900

2957 E Atlanta Ave, Phoenix

55% below median
0 bd·0 ba·0 sqft
Built 1985South Mountain

2957 E Atlanta Ave, Phoenix, AZ

0 bd · 0 ba · 0 sqft Multi-Family listed at $545,900, built in 1985 in the South Mountain neighborhood.

About this home

Excellent investment opportunity in the heart of Phoenix! This well-maintained triplex features three 2-bedroom, 1-bath units, ideally located near public transportation, shopping, dining, and major employment corridors. Recent capital improvements add strong value and peace of mind for the next owner, including new A/C units in all three units (2024). Unit 2 and Unit 3 received brand-new refrigerators in 2025, and Unit 3 was further upgraded in 2025 with a new water heater, updated flooring, and interior improvements. All units are currently occupied, providing immediate cash flow. Unit 2 is a Section 8 tenant, offering stable, reliable income. .

Property details

Price
$545,900
Bedrooms
0
Bathrooms
0
Year built
1985
Type
Multi-Family
Days on market
106
Est. property tax
$3,385/yr · $282/mo · 0.62% AZ avg
Last sold
$485,000 · Sep 2023

Estimated monthly payment

Down payment20% ($109,180)
Interest rate6.75%
Principal & Interest$2,833
Property Tax$500
Insurance$150
Total$3,483/mo

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Price history

▼ 2.3%Most recent change on 2026-04-20: $559,000 → $545,900.

$610K$309K$7K$57K on Nov 92 (Sold)$122K on Nov 04 (Sold)$170K on Jan 06 (Sold)$205K on Aug 06 (Sold)$485K on Sep 23 (Sold)$549K on May 25 (Initial list)$560K on Jan 26 (Initial list)$560K on Feb 26 (Price change)$559K on Mar 26 (Price change)$546K on Apr 26 (Price change)
$57K · Nov 92$546K · Apr 26
  1. Apr 20, 2026$545,900Price change
  2. Mar 4, 2026$559,000Price change
  3. Feb 23, 2026$559,900Price change
  4. Jan 9, 2026$560,000Initial list price
  5. May 17, 2025$549,000Initial list price
  6. Sep 6, 2023$485,000Sold
  7. Aug 23, 2006$205,000Sold
  8. Jan 12, 2006$169,900Sold
  9. Nov 10, 2004$122,000Sold
  10. Nov 2, 1992$57,319Sold

Location

This home is located in Phoenix, AZ, in the Phoenix / Scottsdale area. Browse more Phoenix listings on the Phoenix market page or explore the full Phoenix market report.

Location

Map of 2957 E Atlanta Ave, Phoenix
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Home Intelligence

Neighborhood (zip 85040)

This neighborhood skews young (median age 29.4). 8% hold a bachelor's degree; 46% of homes are owner-occupied; median household income is $55,771.

Median income
$55,771
Median age
29.4
Owner-occupied
46.0%
Bachelor's degree
8.1%
Census median home value
$240,100

Source: US Census Bureau American Community Survey 5-year estimates.

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