1220 S 10th Avenue, Phoenix, AZ 85007
Local realty services provided by:CENTURY 21 Toma Partners
1220 S 10th Avenue,Phoenix, AZ 85007
$325,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: kiran vedantam
Office: kosh realty
MLS#:7037076
Source:ARMLS
Price summary
- Price:$325,000
About this home
Excellent value-add multifamily investment opportunity located in the growing Central Phoenix market. This unique 4-unit property offers strong income potential with major renovation work already completed, making it an ideal opportunity for investors looking to finish the final touches and maximize returns.
The property consists of:
Front Unit: Spacious 3 Bedroom / 2 Full Bathroom unit with in-unit laundry room
Rear Unit 1: 1 Bedroom / 1 Bathroom
Rear Unit 2: 2 Bedroom / 1 Bathroom
Rear Unit 3: Studio unit
Each rear unit has its own private entrance, creating privacy and flexibility for tenants.
The majority of the interior renovation work has already been completed. Additional planned upgrades include:
Brand new electrical system installation
New HVAC systems
New ap New hot water heaters
Seller plans to complete the remaining improvements prior to closing for an additional negotiated price, providing buyers flexibility to either purchase as-is or receive a near turn-key finished product.
The property includes parking for approximately 3 vehicles onsite, along with additional street parking availability.
This is a great opportunity for an investor or owner-operator to take over a nearly completed project and add the final cosmetic and operational touches. Estimated total rental income is projected to exceed $4,000 per month once fully stabilized.
Conveniently located near Downtown Phoenix, major freeways, employment centers, dining, shopping, and public transportation, this property benefits from strong rental demand and continued area growth.
Priced to sell quickly. Excellent opportunity for investors seeking cash flow, appreciation potential, and value-add upside.
Buyer to verify all facts, figures, measurements, zoning, permits, and projected rental income....
Contact an agent
Home facts
- Year built:1940
- Listing ID #:7037076
- Updated:July 28, 2026 at 03:14 PM
Rooms and interior
- Flooring:Ceramic Tile, Vinyl
Heating and cooling
- Cooling:Heat Pump
- Heating:Heat Pump, Individual Heating
Structure and exterior
- Year built:1940
- Construction Materials:Painted, Stucco
Schools
- High school:Central High School
- Middle school:Mary Mcleod Bethune School
- Elementary school:Mary Mcleod Bethune School
Utilities
- Water:City Franchise, Master Meter
Finances and disclosures
- Price:$325,000
- Tax amount:$1,480 (2025)
Parking
- Parking description:Carport
New listings near 1220 S 10th Avenue
- New
$649,900Active3 beds 2 baths1,670 sq. ft.2833 E Sierra Street, Phoenix, AZ 85028
MLS# 7059321Listed by: GRAYSON REAL ESTATE - New
$1,375,000Active5 beds 5 baths4,304 sq. ft.41702 N Signal Hill Court, Phoenix, AZ 85086
MLS# 7059328Listed by: MOMENTUM BROKERS LLC - New
$415,000Active4 beds 2 baths2,169 sq. ft.3323 S 90th Lane, Tolleson, AZ 85353
MLS# 7059333Listed by: MY HOME GROUP REAL ESTATE - New
$1,995,000Active3 beds 4 baths2,665 sq. ft.4808 N 24th Street #1505, Phoenix, AZ 85016
MLS# 7059308Listed by: COMPASS - New
$435,000Active4 beds 2 baths2,013 sq. ft.9824 W Crown King Road, Tolleson, AZ 85353
MLS# 7059259Listed by: WEST USA REALTY - New
$297,000Active2 beds 2 baths1,184 sq. ft.920 E Devonshire Avenue #4001, Phoenix, AZ 85014
MLS# 7059265Listed by: WEST USA REALTY - New
$439,999Active4 beds 2 baths1,833 sq. ft.9038 S 69th Drive, Laveen, AZ 85339
MLS# 7059270Listed by: REALTY ACHIEVERS LLC - New
$315,000Active3 beds 3 baths1,934 sq. ft.7730 W Giles Road, Phoenix, AZ 85035
MLS# 7059281Listed by: OPENDOOR BROKERAGE, LLC - New
$474,990Active3 beds 3 baths1,949 sq. ft.9635 W Tamarisk Avenue, Tolleson, AZ 85353
MLS# 7059290Listed by: COMPASS - New
$304,900Active2 beds 2 baths1,205 sq. ft.2941 E Darrow Street, Phoenix, AZ 85042
MLS# 7059210Listed by: EVERYPLACE