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Three-Building Apartment Community
For Sale
$1,635,000

1002 N 27TH Place, Phoenix, AZ 85008

Well-maintained multifamily with six two-bedroom, two-bath units across three separate buildings, updated with recent exterior and interior paint.

Days on Market287

Property Features for 1002 N 27TH Place

General Information

Standard status Active
Property subtype MULTI_FAMILY

Units

Unit Mix 6 x 2BR/2BA
Multifamily Units 6

Building Details

Year Built 1983
Buildings 3
Listing Agency: Kristopher Realty
Listed By: Christopher Sicz
Source: Alexiabertsatos
Added: Oct 20, 2025 Changed: Jul 30 Last Checked: Aug 1 at 11:14AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kristopher Realty

Investment Insights

Based on property information with market context.

This well-maintained apartment community consists of three separate buildings with two units each, for a total of six two-bedroom, two-bath units. Each unit is approximately 1,200 SF. Exterior of all buildings was freshly painted in June 2023, and interior updates include new paint.

Property improvements also include four newer A/C units and two additional A/C units that are approximately 10 years old. The roof was replaced about 5 years ago with 40-year shingles. The property includes an ample parking area designed to accommodate residents and guests.

The sale includes two parcels, APN #121-76-050-B and APN #121-76-050-C, sold together. Both lots have separate dimensions per plat records. The property was built in 1983.

Key Highlights

  • Six total units across three separate buildings, two units per building
  • Two‑bedroom, two‑bath units, each approximately 1,200 SF
  • Exterior freshly painted in June 2023 with interior paint updates

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Gym & Fitness Center HVAC Service Nail Salon

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

678
Businesses Nearby

Demographics for 85008, AZ

59,047
Population
24,508
Households
2.4
Avg Household Size
30
Median Age
24%
College-Educated
75%
High-School Grad
10.2 sq mi
ZIP Area
5,789
Density / Sq Mi
$61,369
Median Household Income
$36,969
Median Earnings
$1,300
Median Rent
$323,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained multifamily with six two-bedroom, two-bath units across three separate buildings, updated with recent exterior and interior paint.
Where is this apartment building located?
The property is located at 1002 N 27TH Place Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,635,000.
What are key features of this property?
This property features: Six total units across three separate buildings, two units per building; Two‑bedroom, two‑bath units, each approximately 1,200 SF; Exterior freshly painted in June 2023 with interior paint updates
More about this property
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