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927 S 35th Avenue, Phoenix, AZ 85009

Phoenix
Local realty services provided by:CENTURY 21 Northwest Realty
927 S 35th Avenue,Phoenix, AZ 85009
$1,250,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: julian tiege
Office: my home group real estate
MLS#:6924258
Source:ARMLS

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Price summary

  • Price:$1,250,000

About this home

10-Unit Multifamily Investment Opportunity! This renovated and cash-flowing property is in a strong central Phoenix rental market, consisting of 8 one-bedroom/one-bath units and 2 studio units, all renovated around 2022-2023, modern finishes and several updated systems. Each unit is separately metered for electricity, reducing ownership expenses and simplifying management. Very low property tax expense on this one ($1,167/yr). This sale includes two parcels, with the north parcel at 921 S 35th Ave, offering a big space to work with—a rare opportunity for value-add expansion. The additional land provides space to build storage units, install vending machines, add a laundry facility, or develop additional income-producing amenities, significantly increasing future cash flow and property value. The property is fully occupied with month-to-month leases. Located near major employment corridors, transit routes, and downtown Phoenix, this property combines stable current income with

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Home facts

  • Year built:1950
  • Listing ID #:6924258
  • Updated:March 12, 2026 at 06:23 AM

Rooms and interior

  • Flooring:Vinyl

Heating and cooling

  • Cooling:Ceiling Fan(s), Wall/Window Unit
  • Heating:Central, Window Wall Heating Unit(s)

Structure and exterior

  • Year built:1950
  • Construction Materials:Block, Stucco

Schools

  • High school:Carl Hayden High School
  • Middle school:William R Sullivan Elementary School
  • Elementary school:Jack L Kuban Elementary School

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$1,250,000
  • Tax amount:$1,167 (2024)
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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