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Four-Unit Multifamily Property
For Sale
$629,999

1001 N 32ND Avenue, Phoenix, AZ 85009

Multiple Dwellings, Phoenix, AZ

Property SizeContact for details
Days on Market97

Property Features for 1001 N 32ND Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R3
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 8, Bedroom 2, Bathroom 4, Bathroom 1, Bedroom 5, Bedroom 7, Bedroom 6, Bedroom 1
Exterior features Sidewalk(s)
Appliances Free-Standing Range, Refrigerator, Free-Standing Electric Oven, Microwave
Subdivision EL RETIRO BLK 1 2
Elementary school J B Sutton Elementary School
High school Carl Hayden High School
Elementary school district Isaac Elementary District
Middle school district Phoenix Union High School District
High school district Phoenix Union High School District
Directions Take I-10 West exit on 35th Ave exit Head South to Roosevelt St. Head East on 35th Ave to 32nd Ave Property is on the corner of 32nd Ave & Roosevelt Road.
Standard status Active
APN 109-14-044-B

Taxes and HOA fees

Tax Year 2025
Tax Description EL RETIRO MCR 32-9 LOT 12 BLK 4 W 83.035F TH/OF EX S 10F & EX PT BOUNDED ON W BY W LN OF SD LOT & 0
Tax Annual Amount 1173
Legal Description EL RETIRO MCR 32-9 LOT 12 BLK 4 W 83.035F TH/OF EX S 10F & EX PT BOUNDED ON W BY W LN OF SD LOT & 0

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central, Hot Water(Heating)
Cooling system Electric, Central Air, Ceiling Fan(s)

Building Details

Year built 1984
Number of units 4
Flooring type Vinyl, Laminate, Tile
Building materials Cement Siding, Block
Roof type Composition
Listing Agency: My Home Group Real Estate
Listed By: Nefertari Thomas · License #SA626672000
Added: May 22 Changed: Aug 25 Last Checked: Aug 26 at 9:06AM
MLS# 7032228

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.

Investment Insights

Based on property information with market context.

This R3-zoned four-unit property, built in 1984, offers a mix of updated and partially upgraded interiors. Two units feature quartz countertops, shaker cabinetry, vinyl plank, wood-look tile, and stainless-steel appliances. Another has quartz countertops and shaker cabinets. All units include ceiling fans, while two have newer air-conditioning systems and water heaters replaced within the last three years. A separate air-conditioning unit has a new motor. The building has cement siding and block construction, a composition roof, central cooling, and electric heating.

Each residence is separately metered for electricity, and the units are fully occupied. One lease is scheduled for renewal in July. The property is situated near primarily residential surroundings and an elementary school, with downtown Phoenix within 5 miles. Public sewer service and sidewalk access are also present.

Key Highlights

  • Four‑unit multifamily property in Phoenix, AZ
  • R3 zoning and 1984 construction
  • Two units updated with quartz, shaker cabinetry, vinyl plank, wood‑look tile, and stainless‑steel appliances

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Computer & Electronic Repair (Bike/Boat/Book/etc) Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,035
Businesses Nearby

Demographics for 85009, AZ

50,439
Population
14,873
Households
3.4
Avg Household Size
31
Median Age
7%
College-Educated
59%
High-School Grad
14.7 sq mi
ZIP Area
3,431
Density / Sq Mi
$51,615
Median Household Income
$29,674
Median Earnings
$1,128
Median Rent
$215,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Individual electric meters, updated interiors, and recent exterior paint support practical property operations.
Where is this quadplex located?
The property is located at 1001 N 32ND Avenue Phoenix, AZ.
What is the asking price?
The asking price for this property is $629,999.
What are key features of this property?
This property features: Four‑unit multifamily property in Phoenix, AZ; R3 zoning and 1984 construction; Two units updated with quartz, shaker cabinetry, vinyl plank, wood‑look tile, and stainless‑steel appliances
More about this property
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