5-Unit Multifamily with Recent
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
(480) 776-1555
Listed By:
Zachary Coty · License #SA697361000
(602) 516-4767
Added: Jun 8
Changed: Jul 25
Last Checked: Jul 28 at 7:06AM
MLS# 7039118
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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+%.
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
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