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Two Four-Unit Apartment Buildings
For Sale
$659,000

1533 E ADAMS Street, Phoenix, AZ 85034

Multiple Dwellings, Phoenix, AZ

Property SizeContact for details
Days on Market114

Property Features for 1533 E ADAMS Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-5
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 4, Bathroom 3
Appliances Refrigerator
Subdivision COLLINS ADDITION PHOENIX BLOCKS 31-34 39-40
Elementary school Phoenix #1 iAcademy
Middle school Phoenix #1 iAcademy
High school North High School
Elementary school district Phoenix Elementary District
Middle school district Phoenix Union High School District
High school district Phoenix Union High School District
Standard status Active
APN 116-46-102

Taxes and HOA fees

Tax Year 2025
Tax Description COLLINS
Tax Annual Amount 980
Legal Description COLLINS

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Ceiling Fan(s)

Amenities

private patio or yard space

Building Details

Year built 1983
Number of units 4
Flooring type Laminate, Tile
Building materials Painted, Block
Roof type Rolled Hot Mop
Listing Agency: SRL Group
Listed By: Carrie Lehrman · License #BR626599000
Added: May 18 Changed: Aug 25 Last Checked: Sep 8 at 9:06AM
MLS# 7033471

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 multifamily property comprises two separate buildings with four residences in each, for a total of 8 units. The residences are currently occupied and have been updated, with laminate and tile flooring, refrigerator appliances, natural-gas heating, ceiling fans, and individual patio or yard areas. On-site parking serves the buildings, which were constructed in 1983.

Located at 1533 E Adams Street in Phoenix, the property is within walking distance of Chase Field, Footprint Center, ASU Downtown Campus, the University of Arizona College of Medicine, Banner Health, and the restaurants, coffee shops, art galleries, and nightlife of Roosevelt Row. The property carries R-5 zoning and is connected to public sewer service.

Key Highlights

  • Two buildings with 4 units each, totaling 8 residences
  • All 8 units are currently occupied
  • Each residence has a private patio or yard area

Property Analytics

Current Use

Aunt T House Apartment Building

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Nail Salon Dental Office (Bike/Boat/Book/etc) Store

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

8
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

979
Businesses Nearby

Demographics for 85034, AZ

5,033
Population
2,901
Households
1.7
Avg Household Size
32
Median Age
32%
College-Educated
81%
High-School Grad
11.6 sq mi
ZIP Area
434
Density / Sq Mi
$53,545
Median Household Income
$43,236
Median Earnings
$1,205
Median Rent
$397,400
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Occupied residences include private outdoor space and on-site parking within Phoenix’s R-5 zoning district.
Where is this apartment building located?
The property is located at 1533 E ADAMS Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: Two buildings with 4 units each, totaling 8 residences; All 8 units are currently occupied; Each residence has a private patio or yard area
More about this property
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