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    927 S 35Th Ave Phoenix, AZ 85009

    For Sale
    $1,275,000

    MULTI_FAMILY - Phoenix, AZ

    Days on Market:
    24
    Last Refresh:
    Dec 7 at 9:06 am

    Property Features for 927 S 35Th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    [M-H] MULTI-FAM
    APN
    109-58-050
    Appliances
    Free-Standing Range, Refrigerator, Microwave

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Other (Heating), Central
    Cooling system
    Central Air, Ceiling Fan(s), Wall Unit(s), Wall/Window Unit(s)

    Building Details

    Year built
    1950
    Number of units
    10
    Flooring type
    Vinyl
    Building materials
    Wood Frame, Stucco, Block
    Roof type
    Composition, Rolled Hot Mop

    My Home Group (480) 685-2760 [email protected]

    Listing agent Julian Tiege (602) 828-2502

    Listing date Nov 14, 2025

    MLS# 6924258 Listing URL

    Copyright © 2025 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.

    Overview

    Renovated Multifamily Investment Opportunity

    This 10-unit multifamily property presents an investment opportunity in a strong central Phoenix rental market. The property features eight one-bedroom/one-bath units and two studio units, all renovated around 2022-2023 with modern finishes and updated systems. Each unit is separately metered for electricity. The property is fully occupied with month-to-month leases. The sale includes two parcels, with the north parcel offering space for value-add expansion. The additional land provides space to build storage units, install vending machines, add a laundry facility, or develop additional income-producing amenities. The property is zoned [M-H] MULTI-FAM. Located near major employment corridors, transit routes, and downtown Phoenix, this property combines current income with long-term upside. The property tax expense is $1,167 per year.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Gym & Fitness Clothing Store Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.134261
    Latitude
    33.438706

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    FAQs

    What type of property is this?
    Apartment building - 10-unit renovated multifamily property with value-add potential in Phoenix.
    Where is this apartment building located?
    The property is located at 927 S 35Th Ave Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $1,275,000.
    What are key features of this property?
    This property features: - Renovated (2022-2023) and cash-flowing 10-unit multifamily property in a strong Phoenix rental market.; - Includes an additional parcel of land offering value-add expansion opportunities to increase cash flow.; - Low property tax expense ($1,167/yr).
    (602) 828-2502
    Request Owner's contact information
    927 S 35Th Ave Phoenix, AZ 85009
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    Phoenix, AZ 85009
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    927 S 35Th Ave Phoenix, AZ 85009
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