1802 N 26th Place, Phoenix, AZ 85008
Local realty services provided by:CENTURY 21 Toma Partners
1802 N 26th Place,Phoenix, AZ 85008
$1,849,000
- 22 Beds
- 11 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: colin kreager
Office: abi multifamily
MLS#:7092695
Source:ARMLS
Price summary
- Price:$1,849,000
About this home
1802 N 26th Pl is an attractive opportunity to acquire a fully occupied 10-unit multifamily asset generating an in-place cap rate of 6.33%, with additional upside through completing remaining interior & exterior renovations. Strong in-place rents and occupancy, coupled with a significant concentration of three and four-bedroom units, provide a compelling competitive advantage in a submarket with strong demand for larger floor plans.
Built in 1960, the property has undergone substantial reconstruction and renovation, including five fully reconstructed units and two renovated units in 2021, while three units remain in classic condition. Recent capital improvements include new roofs, plumbing lines, electrical systems, and upgraded interiors across seven units. The favorable unit mix includes one studio, three one-bedrooms, one two-bedroom, four three-bedroom casitas, and one four-bedroom casita, providing broad tenant appeal and diversified rental demand. Select units offer private patios. All five three- and four-bedroom units have their own washer / dryer, and the remaining five units utilize on-site community laundry.
Ideally positioned between Central Phoenix and the East Valley, the property is minutes from the I-10, SR-51, and Loop 202 Freeways as well as Phoenix Sky Harbor International Airport, Biltmore FashionPark, and the Camelback Corridor, offering residents convenient access to major employment, retail, dining, and entertainment destinations....
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Home facts
- Year built:1960
- Listing ID #:7092695
- Updated:October 12, 2026 at 05:46 PM
Rooms and interior
- Bedrooms:22
- Total bathrooms:11
- Flooring:Ceramic Tile, Vinyl
Heating and cooling
- Cooling:Ceiling Fan(s), Electric
Structure and exterior
- Year built:1960
- Construction Materials:Painted, Stucco
Utilities
- Water:City Franchise
Finances and disclosures
- Price:$1,849,000
- Tax amount:$3,721 (2025)
Parking
- Total parking spaces:20
- Parking description:More Than 1 Parking Space/Unit
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