Residential Income Property with
For Sale
$174,900
1018 E Osborn Road A, Phoenix, AZ 85014
The remodeled garden-level residence includes a private patio overlooking landscaped grounds.
Property Size605 SF
Price / SF$289.09
Days on Market304
Property Features for 1018 E Osborn Road A
General Information
Standard status
Active
Size
605 SF
Property subtype
Apartment
Site & Location
Neighborhood
Encanto
Highway Access
Yes
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$440
Amenities
pool
BBQs
deck areas
electric shades
patio
extra storage
Building Details
Building Size
605 SF
Year Built
1969
Listing Agency:
Selling AZ Realty
Listed By:
Sheldon Switzer
(602) 469-8100
Source:
Inspiredrealestatelife
Added: Dec 29, 2025
Changed: Oct 27
Last Checked: Oct 26 at 10:11AM
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 Selling AZ Realty
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Investment Insights
Based on property information with market context.
This 605-square-foot garden-level residence was built in 1969 and remodeled. The kitchen features quartz counters, premium cabinetry, and a pantry, while an open great room provides the main living area. Electric shades and additional storage are also included. The unit is an end residence on the north side of the gated community, with a patio facing landscaped grounds. Community amenities include a pool, barbecue areas, and decks, and utilities are included.
The property is across from Phoenix Country Club and its 18-hole golf course. Light rail, downtown and uptown dining and shopping, and freeway access are described as minutes away.
The property is across from Phoenix Country Club and its 18-hole golf course. Light rail, downtown and uptown dining and shopping, and freeway access are described as minutes away.
Key Highlights
- 605‑square‑foot garden‑level residence built in 1969
- Remodeled kitchen with quartz counters, premium cabinets, and pantry
- End unit on the north side of a gated community
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,056
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$141,120
$141.1K
Cap Rate 7%
$100,800
$100.8K
Cap Rate 9%
$78,400
$78.4K
Market Conditions
NOI Build-Up for 605 SF
Gross rent
$13.6K $22.56/SF
− Vacancy
−$819 −$1.35/SF
EGI
$12.8K $21.21/SF
− OpEx
−$5.8K −$9.54/SF
NOI
$7.1K $11.66/SF
Area
Phoenix, AZ
Vacancy
6.00%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$141,120
Cap Rate 7%
$100,800
Cap Rate 9%
$78,400
Alternative Uses
Best Use
Apartment 5plus
$100.8K
$88.2K – $117.6K
NOI $7,056 @ 7.0% cap · market cap 4.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$183.3K
$160.4K – $213.8K
NOI $12,828 @ 7.0% cap · market cap 7.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,155
Businesses Nearby
Explore this area
Business Placement
Demographics for 85014, AZ
26,381
Population
14,778
Households
1.8
Avg Household Size
37
Median Age
43%
College-Educated
90%
High-School Grad
4.0 sq mi
ZIP Area
6,595
Density / Sq Mi
$69,995
Median Household Income
$48,465
Median Earnings
$1,339
Median Rent
$447,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The remodeled garden-level residence includes a private patio overlooking landscaped grounds.
Where is this residential income property located?
The property is located at 1018 E Osborn Road A Phoenix, AZ.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: 605‑square‑foot garden‑level residence built in 1969; Remodeled kitchen with quartz counters, premium cabinets, and pantry; End unit on the north side of a gated community
