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2002 W JEFFERSON Street, Phoenix, AZ, 85009
5-Unit Multifamily with Recent Renovations

2002 W JEFFERSON Street Phoenix, AZ 85009

For Sale
$539,000

MULTI_FAMILY - Phoenix, AZ

Days on Market51

Property Features for 2002 W JEFFERSON Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-3
Bedrooms 6
Rooms Bedroom 2, Bathroom 2, Bedroom 5, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 6, Bathroom 3, Bathroom 5, Bathroom 4, Bedroom 3
Parking features On Street
Standard status Active
APN 109-49-120

Taxes and HOA fees

Tax Year 2025
Tax Description CAPITOL
Tax Annual Amount 906

Utilities

Sewer type Public Sewer

Building Details

Year built 1935
Number of units 5
Listing Agency: Compass
Listed By: Zachary Coty · License #SA697361000
Added: Jun 8 Changed: Jul 25 Last Checked: Jul 28 at 7:06AM
MLS# 7039118

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 for-sale 5-unit multifamily property consists of three separate freestanding buildings on a single parcel. The unit mix is described as diverse, and the property is currently fully occupied. Recent renovation work includes new flooring, updated plumbing, sewer improvements, interior and exterior paint, bathroom remodels, and kitchen upgrades. Additional 2025 improvements include new electrical wiring, new electrical panels with green tags, and a new addition/extension.

The property is located at 2002 W Jefferson Street in Phoenix, AZ 85009, within an R-3 zoning designation. The offering is presented as located in the Central Phoenix corridor.

For buyers, the practical appeal is the existing occupied income profile and the documented capital improvements, including both 2023 renovations and 2025 electrical and building additions. Reported current gross income is $76,560 ($6,380 per month), with the listing also noting a cap rate of 11+%.

Key Highlights

  • Fully occupied 5‑unit income property with three separate freestanding buildings on one parcel
  • Current gross income of $76,560 ($6,380/mo) with an 11+% cap rate
  • 2023 renovations include new flooring, updated plumbing, sewer improvements, interior & exterior paint, bathroom remodels, and kitchen upgrades

Property Analytics

Property Profile Location Intelligence

Current Use

Apartment buildings

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Locksmith Dental Office Pharmacy Carpet & Flooring Store

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Apartment building - Three freestanding buildings on one parcel with a renovation history and fully occupied units.
Where is this apartment building located?
The property is located at 2002 W JEFFERSON Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: Fully occupied 5‑unit income property with three separate freestanding buildings on one parcel; Current gross income of $76,560 ($6,380/mo) with an 11+% cap rate; 2023 renovations include new flooring, updated plumbing, sewer improvements, interior & exterior paint, bathroom remodels, and kitchen upgrades
More about this property
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