Phoenix Homes with No Carry New Financing

Phoenix Homes with No Carry New Financing

Welcome to Phoenix, Arizona – a vibrant city that perfectly marries urban sophistication with the stunning beauty of the Sonoran Desert. As the fifth-largest city in the United States, Phoenix boasts a thriving economy, a rich cultural scene, and an endless array of outdoor activities. Known for its year-round sunshine and mild winters, this city offers a lifestyle that is both exciting and relaxing, making it a prime destination for homebuyers and investors alike.

Nestled in Maricopa County, Phoenix is renowned for its diverse neighborhoods, each offering unique charm and character. From the upscale enclaves of Arcadia to the bustling downtown area filled with trendy restaurants and art galleries, there is something for everyone in this dynamic metropolis. Outdoor enthusiasts will delight in the proximity to stunning natural landscapes, including hiking trails in the nearby Camelback Mountain and the scenic beauty of the Desert Botanical Garden.

For prospective homeowners, Phoenix presents an enticing opportunity with homes available that feature no carry new financing. This means you can enjoy the benefits of homeownership without the complexities of traditional financing options. Whether you're a first-time buyer or looking to invest, this unique financing option allows for greater flexibility and accessibility in the vibrant Phoenix housing market.

With its warm climate, rich cultural heritage, and a community that thrives on innovation, Phoenix stands out as an ideal place to call home. Discover the possibilities that await you in this sun-soaked desert oasis, where your dream home is just a heartbeat away!

Newest Phoenix Homes with No Carry New Financing

6 Beds ⋅ 4 Baths ⋅ 7071032 MLS

Amazing investment opportunity to own this brand-new duplex! Each unit features 3 bedrooms and 2 bathrooms with high-end finishes throughout, including stainless steel appliances, luxury vinyl flooring, quartz countertops in the kitchens and bathrooms, and brand-new stackable washer/dryers. Each unit also includes a covered parking space, with additional guest parking available. A turfed common area between the buildings provides a great space for pets and outdoor enjoyment. Perfect for a first-time homebuyer looking to house hack or an investor seeking a low-maintenance property with a desirable unit mix, luxury finishes, and strong cash flow potential.

4037 S 12th Street, Phoenix

6 Beds ⋅ 4 Baths ⋅ 7070756 MLS

Great investment opportunity in the heart of Phoenix! Features 4 units: a 2-bedroom/1-bath home with front and back yards and a driveway rented at $1,550/month, plus 3 units in a separate building--a studio ($950/month), 1-bedroom/1-bath ($1,000/month), and 2-bedroom/1-bath ($1,500/month). Total rents are $5,000/month. New roof in 2021. New exterior paint in 2026. Tenants pay gas/electric. Owner pays water, sewer, and trash. Drive by only. Do NOT disturb tenants. Property will be shown after accepted LOI/Contract.

2228 N 20th Street, Phoenix

6 Beds ⋅ 4 Baths ⋅ 7069832 MLS

Extremely rare newer vintage duplex on over 0.5 acre parcel with the opportunity of adding additional units, McKinley II presents a unique value-add multifamily offering. Built in 2004 and consisting of 2 oversized 3-bed, 1-bath floorplans averaging 1,100 SF, future ownership will have the opportunity to complete a renovation program to capture rent premiums already achieved in the the market and build additional unit(s) on the parcel. Alternatively, the property is well positioned for an owner-occupied investment approach. ***PROPERTY IS CURRENTLY VACANT. LEASING WILL COMMENCE BY MID-SEPTEMBER.

2142 E Mckinley Street, Phoenix

4 Beds ⋅ 2 Baths ⋅ 7069799 MLS

Uniquely located immediately behind Phoenix Children's Hospital just west of the SR-51 Freeway, Cambridge II presents a unique value-add duplex offering. Built in 1986 and consisting of 2 x 2-bed, 1-bath floorplans averaging 672 SF, future ownership will have the opportunity to complete a renovation program to capture rent premiums already achieved in the the market. Alternatively, the property is positioned well for short-term renting for traveling nurses (given it's proximity to Phoenix Children's Hospital) and/or an owner-occupied investment approach. ***PROPERTY IS CURRENTLY VACANT. LEASING WILL COMMENCE BY MID-SEPTEMBER.

1702 E Cambridge Avenue, Phoenix

40 Beds ⋅ 40 Baths ⋅ 7069727 MLS

2121 W Adams Street, Phoenix

2 Beds ⋅ 2 Baths ⋅ 7069355 MLS

Excellent multifamily opportunity in the Oakland Historic District near Downtown Phoenix. This duplex features two 1 bedroom / 1 bathroom units, each offering 525 square feet with hardwood floors and functional living space. Both units include their own washer and dryer on separate sides of the building, providing added convenience for residents. The property is fully fenced with parking inside the fencing and sits on a generous 6,375 square foot lot with a large backyard. Additional property features include individually metered electricity, concrete tilt-up frame construction, and R-5 zoning with county multifamily high-density zoning. Conveniently located near Downtown Phoenix, ASU Downtown, light rail, and area amenities, this property offers strong rental appeal and excellent long term investment potential.

1513 W Taylor Street Unit A and B, Phoenix

4 Beds ⋅ 4 Baths ⋅ 7067660 MLS

1625 W Fillmore St is a 4-unit property being sold together with the parcel next door at 1629 W Fillmore St, for a combined 8-unit transaction. All units are 1-bed/1-bath, individually metered for electric, and 100% occupied. 1625 was rebuilt in 2023 with permits, including new roof, HVACs, electrical panels, and sewer line. 1629 features three units with updated kitchens and appliances plus two new HVAC systems. Value-add opportunity to increase rents to market rate on the next turn of leases. Laundry facility on-site & covered parking for each unit. Centrally located near Downtown Phoenix, ASU's Downtown campus, and the Roosevelt Row Arts District, with easy access to I-10 and I-17 and minutes from Sky Harbor Airport.

1625 W Fillmore Street, Phoenix

4 Beds ⋅ 4 Baths ⋅ 7067657 MLS

1629 W Fillmore St is a 4-unit property being sold together with the parcel next door at 1625 W Fillmore St, for a combined 8-unit transaction. All units are 1-bed/1-bath, individually metered for electric, and 100% occupied. 1625 was rebuilt in 2023 with permits, including new roof, HVACs, electrical panels, and sewer line. 1629 features three units with updated kitchens and appliances plus two new HVAC systems. Value-add opportunity to increase rents to market rate on the next turn of leases. Laundry facility on-site & covered parking for each unit. Centrally located near Downtown Phoenix, ASU's Downtown campus, and the Roosevelt Row Arts District, with easy access to I-10 and I-17 and minutes from Sky Harbor Airport.

1629 W Fillmore Street, Phoenix

8 Beds ⋅ 4 Baths ⋅ 7062340 MLS

The 15th Street fourplex consists of four 2-bedroom, 1-bath units, each approximately 650 square feet. Average rents are $1,107 per unit, producing gross annual income of approximately $53,160. Operating expenses are low, with the owner responsible only for water, sewer, and trash. Three of the four units have been renovated, and two HVAC systems have been replaced within the last 2-4 years. Located in the highly desirable Garfield Historic District, the property offers historic charm, excellent walkability, and close proximity to Roosevelt Row, making it an attractive investment with strong long-term upside in one of downtown Phoenix's most sought-after neighborhoods.

377 N 15th Street, Phoenix

10 Beds ⋅ 8 Baths ⋅ 7061722 MLS

8939 N 8th Street offers investors the opportunity to acquire a fully leased, eight-unit multifamily property operating under a five-year Absolute NNN master lease with an established tenant. The lease provides predictable income, annual rent increases and minimal landlord responsibilities. The tenant has demonstrated exceptional reliability by consistently paying rent on time, carefully maintaining the property and investing its own funds into exterior painting and landscaping. These tenant-funded improvements have further enhanced the property's curb appeal and long-term value. Financial Highlights Asking Price: $1,625,000 Actual Year 2 Cap Rate: 7.83% Year 2 Base Rent: $10,600 per month Annual Base Rent: $127,200 Annual Tax and Insurance Reimbursements: $12,577.32 Total Annual Lease Payment: $139,777.32 Scheduled Annual Base-Rent Increase: $1,200 Price Per Unit: $203,125 September 1, 2026 payment received Lease Highlights Five-year Absolute NNN master lease Initial lease term: September 1, 2025 through August 31, 2030 Approximately four years remain on the initial lease term Base rent increases by $100 per month at the beginning of each remaining lease year Two additional five-year renewal options Personal guarantee First right of refusal Tenant responsible for property taxes, insurance, utilities, maintenance and day-to-day property operations Property Details The property contains eight residential units consisting of: Six one-bedroom/one-bathroom units Two two-bedroom/one-bathroom units On-site laundry room Three separate storage rooms Appliances in every unit Gated access and privacy wall Attractive paver patio with television and electrical outlets Approximately 4,461 square feet of building area The former office has been converted into the eighth residential unit, creating a complete eight-unit residential configuration with no remaining office space. Renovations and Improvements The property underwent extensive interior renovations in 2024, including improvements to the apartment interiors and bathrooms. Additional property improvements include: Exterior painting completed by the tenant Landscaping improvements completed by the tenant Updated apartment interiors Renovated bathrooms Security gate Privacy wall Paver patio Updated mailboxes Well-maintained common areas Investment Opportunity This offering combines an Absolute NNN lease, an actual 7.83% Year 2 cap rate, contractual rent growth and a tenant that actively reinvests in the property. A recent appraisal supports the asking price, providing additional documentation for prospective investors.

8939 N 8th Street, Phoenix

6 Beds ⋅ 50 Baths ⋅ 7060645 MLS

NEW BUILD! CONTEMPORARY DESIGN! These 2 NEW BUILD single family homes or on 1 lot. 1 APN number, same financing as a duplex. Come and see these amazing 3 BR 2.5 Baths, Move-in ready! Soaring 20 Foot Greatroom Ceiling and Clear story windows let in the wonderful natural light in! 2 stories, 1600 SF. Superior construction quality! 2 x 6 Construction, Sheared Walls, SprayFoam Insulation at Roof, Quartz Countertops, Luxury Flooring throughout, Tile kitchen backsplash, Stainless Steel appliances, 2 exterior balconies. Ceiling fans, window coverings, beautiful landscaping front/back yard! And so much more!! Backyards over 1000 SF. Garage for 2 cars plus driveway for more.

2051 E Michigan Avenue E Unit 1, Phoenix

This prime vacant lot presents an exceptional investment and development opportunity in a highly desirable downtown location. Zoned R-4, the property offers outstanding flexibility for a variety of residential projects, including single-family homes, townhomes, duplexes, and multi-family developments (subject to city approval). With its central location providing convenient access to shopping, dining, entertainment, schools, and major transportation routes, this parcel is perfectly positioned to meet the growing demand for housing in the area. Whether you're a builder, developer, or investor seeking your next project, this property offers tremendous potential and value. Competitively priced to sell--don't miss this rare opportunity to secure a versatile development site in the heart of downtown.

1714 W Hadley Street Unit 21, Phoenix

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