# 2612 W Pierson Street, Phoenix, AZ 85017

> **TL;DR:** residential multi family, $650,000, built 1961.
> A/C. Est. $2,817/mo. Listed 206 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $650,000 |
| Year Built | 1961 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 206 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,817 |
| **Total** | **$2,817** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1961

## Description

### Agent Description
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.

## Location

- **Address:** 2612 W Pierson Street, Phoenix, AZ 85017
- **County:** Maricopa
- **Neighborhood:** ALTRO TERRACE
- **Coordinates:** 33.507911, -112.115453
- **Google Maps:** https://www.google.com/maps?q=33.507911,-112.115453

## Listing Agent

- **Name:** Belinda W Li
- **Brokerage:** My Home Group Real Estate
- **Phone:** 6023917534
- **Email:** realtybybelinda@gmail.com

## Primary Photo

![2612 W Pierson Street - Primary Photo](http://lh.rdcpix.com/590c66307acb3ea3431ecc0311b0714al-f2814278556r.jpg)

*38 total photos available on [listing page](https://www.propertysimple.com/listing/2612-w-pierson-street-phoenix-az-85017-6921067)*

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**MLS#:** 6921067 | **Updated:** 2026-04-29
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/2612-w-pierson-street-phoenix-az-85017-6921067)

---

## Structured Data

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