AZ
Maricopa
Phoenix
85009
927 S 35TH Avenue
927 S 35TH Avenue, Phoenix, AZ 85009
Share Listing
Listing Type
Multi Family
Listing Status
active
13
$1,275,000

Home Details for 927 S 35TH Avenue

Price
$1,275,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1950
County
Maricopa
Garage
Days on site
14
Listing #
6924258
Listing Courtesy: My Home Group Real Estate - 480-685-2760
Property Description

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 long-term upside. Excellent turnkey investment with development potential.

Property Features
  • Cooling Information
    • Central Air
    • Ceiling Fan(s)
    • Wall/Window Unit(s)
  • Heating Information
    • Central
  • Water Features
    • Public
School Information
School Information for 927 S 35TH Avenue, Phoenix, AZ 85009
Elementary School
Jack L Kuban Elementary School
Middle School
William R Sullivan Elementary School
High School
Carl Hayden High School
Arizona logo Copyright ©2025 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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last Updated: 2025-10-29 12:30:24
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Arizona.
EXIT REALTY LIVING
64 E. Broadway Rd. Ste 200, Tempe, AZ 85282
Office
480 791 4604
Request more details
Code: