Phoenix Multifamily Investment
909 S 35TH Avenue, Phoenix, AZ 85009
MULTI_FAMILY - Phoenix, AZ
- Added:
- May 7, 2026
- Days on Market:
- 12
- Last Refresh:
- May 18 at 1:06 pm
Property Features for 909 S 35TH Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-5
- Bedrooms
- 3
- Rooms
- Bedroom 2, Bathroom 4, Bathroom 8, Bedroom 1, Bathroom 6, Bedroom 3, Bathroom 5, Bathroom 7, Bathroom 2, Bathroom 3, Bathroom 1
- Security features
- Security Lighting
- Exterior features
- Sidewalk(s)
- Appliances
- Built-In Range, Disposal, Refrigerator, Microwave, Washer/Dryer
- Standard status
- Active
- APN
- 109-58-047
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- TIERRA VERDE MCR 36/21 LOT 9 EX W 40F
- Tax Annual Amount
- 988
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Electric
Building Details
- Year built
- 1946
- Number of units
- 8
- Flooring type
- Vinyl, Tile - Ceramic
- Building materials
- Stucco, Block
- Roof type
- Composition
Listing agent Ari Verma License #SA712306000 (520) 979-4301
Listing office Fathom Realty 7047 E Greenway Pkwy Suite 250, Scottsdale, AZ (877) 661-1977
Listing date May 7, 2026
MLS# 7025359
Listing URL
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.
HighLights
- Fully occupied 8‑unit multifamily complex generating consistent cash flow
- Major systems upgraded in 2021, minimizing maintenance
- R‑5 zoning allows for maximum density
- Strategic location near Downtown Phoenix, Central Avenue light rail, I‑10, and I‑17
- Value‑add opportunity to increase returns by upgrading studio units and utilizing courtyard space
- Property is fully fenced with one dedicated parking spot per unit
Overview
This fully occupied 8-unit multifamily complex in Phoenix offers a prime investment opportunity. The property features three 1-bedroom, 1-bathroom units and five studio units. Each unit has its own electrical sub-panel for independent metering and billing. The 1-bedroom units include in-unit washer/dryers, while the studios share an on-site laundry facility. The property is fully fenced and provides one dedicated parking spot per unit. Major systems, including plumbing, electrical, and HVAC, were professionally upgraded in 2021. The property is well-maintained with regular upkeep, including fresh paint and timely repairs. The R-5 zoning allows for maximum density in multifamily development, presenting future redevelopment possibilities. Located near Downtown Phoenix and the Central Avenue light rail extension, the property offers easy access to I-10 and I-17. The large lot provides room for expansion, and there is potential to increase returns by replacing flooring and installing washer/dryers in the remaining studio units, or utilizing the courtyard for income-producing amenities. The property is located at 909 S 35TH Avenue, Phoenix, AZ 85009.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Aurora Apartments
Apartment Complex
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.134254
- Latitude
- 33.439318
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Fully occupied 8-unit complex near Downtown Phoenix.
Where is this apartment building located?
The property is located at 909 S 35TH Avenue Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,110,000.
What are key features of this property?
This property features: Fully occupied 8‑unit multifamily complex generating consistent cash flow; Major systems upgraded in 2021, minimizing maintenance; R‑5 zoning allows for maximum density
