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2903 E Wier Ave
Multi-Family
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$531,000

2903 E Wier Ave, Phoenix

56% below median
6 bd·3 ba·0 sqft
Built 1984South Mountain

2903 E Wier Ave, Phoenix, AZ

6 bd · 3 ba · 0 sqft Multi-Family listed at $531,000, built in 1984 in the South Mountain neighborhood.

About this home

Fantastic investment opportunity! This well-maintained triplex features three spacious 2-bedroom, 1-bath units. All units currently rented. All units have W/D hookups for additional income potential. This property cashflows at today's rates. 1 unit has been updated, and each unit has kitchens equipped with essential appliances and open floorplan to living rooms. Exterior painting as well has been updated in the last 2 years. Conveniently located near freeways, shopping, and dining. Ample parking with a convenient layout. The area is growing. Don't miss out!!

Property details

Price
$531,000
Bedrooms
6
Bathrooms
3
Year built
1984
Type
Multi-Family
Days on market
169
Est. property tax
$3,292/yr · $274/mo · 0.62% AZ avg
Last sold
$484,000 · Dec 2023

Estimated monthly payment

Down payment20% ($106,200)
Interest rate6.75%
Principal & Interest$2,755
Property Tax$487
Insurance$150
Total$3,392/mo

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Price history

1.3%Most recent change on 2026-02-06: $524,000$531,000.

$586K$279K$-29K$139K on Dec 91 (Sold)$78K on Oct 92 (Sold)$50K on Nov 92 (Sold)$22K on Apr 98 (Sold)$33K on Jun 03 (Sold)$172K on Jul 05 (Sold)$195K on Dec 05 (Sold)$195K on Jan 06 (Sold)$484K on Dec 23 (Sold)$535K on Nov 25 (Initial list)$524K on Dec 25 (Price change)$531K on Feb 26 (Price change)
$139K · Dec 91$531K · Feb 26
  1. Feb 6, 2026$531,000Price change
  2. Dec 30, 2025$524,000Price change
  3. Nov 8, 2025$535,000Initial list price
  4. Dec 22, 2023$484,000Sold
  5. Jan 3, 2006$195,000Sold
  6. Dec 5, 2005$195,000Sold
  7. Jul 18, 2005$172,000Sold
  8. Jun 5, 2003$33,000Sold
  9. Apr 30, 1998$22,000Sold
  10. Nov 2, 1992$49,876Sold
  11. Oct 28, 1992$78,000Sold
  12. Dec 20, 1991$139,000Sold

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.

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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