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Multifamily Apartment Community
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1412 N 35th St., Phoenix, AZ 85008

Majority two-bedroom apartments offer individually metered electricity and individual HVAC, with pitched roofs and updated systems.

Property SizeContact for details
Days on Market121

Property Features for 1412 N 35th St.

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Highway Access Yes
Multifamily Units 28
Listing Agency: CBRE - Phoenix
Listed By: Brian Tranetzki · License #BR581404000
Source: Crexi
Added: Apr 24 Changed: Aug 8 Last Checked: Jul 23 at 3:51PM

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 CBRE - Phoenix

Investment Insights

Based on property information with market context.

Willetta Apartments is a multifamily apartment community with studio, one-bedroom, and two-bedroom floor plans. Units are individually metered for electricity and equipped with individual HVAC units, and the property features pitched roofs. A substantial portion of the units include in-suite washer and dryers, and the property has been improved through recent roof replacement, upgraded electric panels, and interior piping work. There is also the ability to convert the studio unit into a larger unit by expanding into the adjoining common washer/dryer area.

The property is positioned south of McDowell Road, north of the South Mountain Freeway, and west of Arizona State Route 143. The offering notes convenient access to major transportation arteries, including an approximately 8-minute commute to Sky Harbor Airport, along with access to downtown Phoenix, Tempe, and the East Valley. The asset is located down the street from two elementary schools in the Creighton School District.

For ownership, the current unit configuration includes 28 total units with 25 units already having in-suite washer and dryers, and the remaining potential is described in the offering as value enhancement through interior renovations.

Key Highlights

  • Multifamily community in Central Phoenix at 1412 N 35th St with studios (500 SF), 1‑bed (660 SF), and 2‑bed (781 SF) floor plans
  • Individually metered electricity with each unit equipped with individual HVAC units and pitched roofs
  • 25 of 28 units already have in‑suite washer and dryers

Property Analytics

Current Use

Awron braid & business Hair Salon Willetta Apartments Apartment Building

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office (Bike/Boat/Book/etc) Store Grocery & Convenience Store HVAC Service

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

28
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

568
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 - Majority two-bedroom apartments offer individually metered electricity and individual HVAC, with pitched roofs and updated systems.
Where is this apartment building located?
The property is located at 1412 N 35th St. Phoenix, AZ.
What are key features of this property?
This property features: Multifamily community in Central Phoenix at 1412 N 35th St with studios (500 SF), 1‑bed (660 SF), and 2‑bed (781 SF) floor plans; Individually metered electricity with each unit equipped with individual HVAC units and pitched roofs; 25 of 28 units already have in‑suite washer and dryers
(602) 435-3636 Call to check price and availability
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