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Four-Unit Garden-Style Apartment Community
For Sale
$550,000

1022 N 22ND Place, Phoenix, AZ 85006

Two-bedroom apartments with individual electric meters and on-site parking support straightforward multifamily operations.

Property SizeContact for details
Days on Market51

Property Features for 1022 N 22ND Place

General Information

Standard status Active
Property subtype Multi Family

Property Condition

Severity Repairs Needed
Evidence value-add opportunity through interior and exterior upgrades

Site & Location

Neighborhood Central City
Highway Access Yes

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $681

Building Details

Year Built 1986
Construction garden-style
Listing Agency: ABI Multifamily
Listed By: Bryce Neagle · License #SA692871000
Source: Exitrealty
Added: Sep 9 Changed: Oct 25 Last Checked: Sep 15 at 6:15AM

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 ABI Multifamily

Rey
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Investment Insights

Based on property information with market context.

This garden-style apartment community contains 4 units, all configured with two bedrooms and one bathroom. Built in 1986, the property offers separately metered electricity for each residence along with on-site parking. Interior and exterior improvements are identified as an opportunity for further enhancement.

The community is located at 1022 N 22ND Place in Phoenix, with access to Downtown Phoenix, Sky Harbor International Airport, and major freeways described as minutes away.

Key Highlights

  • 4‑unit garden‑style apartment community
  • 100% two‑bedroom, one‑bathroom unit mix
  • Built in 1986

Property Analytics

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Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,449
Businesses Nearby

Demographics for 85006, AZ

23,797
Population
10,607
Households
2.2
Avg Household Size
34
Median Age
27%
College-Educated
78%
High-School Grad
4.0 sq mi
ZIP Area
5,949
Density / Sq Mi
$60,742
Median Household Income
$39,899
Median Earnings
$1,168
Median Rent
$376,600
Median Home Value
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Two-bedroom apartments with individual electric meters and on-site parking support straightforward multifamily operations.
Where is this quadplex located?
The property is located at 1022 N 22ND Place Phoenix, AZ.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 4‑unit garden‑style apartment community; 100% two‑bedroom, one‑bathroom unit mix; Built in 1986
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