55-Unit Apartment
For Sale
Contact for pricing
2302 N 27th St, Phoenix, AZ 85008
Built in 1963 and offers studio through four-bedroom floorplans with townhome-style two-bedroom units.
Property SizeContact for details
Days on Market134
Property Features for 2302 N 27th St
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
55
Building Details
Year Built
1963
Listing Agency:
Marcus & Millichap - Phoenix
Listed By:
Paul Bay · License #AZ SA671037000
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 9:11PM
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 Marcus & Millichap - Phoenix
Investment Insights
Based on property information with market context.
Built in 1963, Urbana @ 27th is a 55-unit apartment community with five floorplan types, including studio, one-bedroom, two-bedroom, and four-bedroom options. The unit mix includes 33 two-bedroom townhome-style residences.
The property is positioned at the corner of 27th Street and Oak Street. As part of the existing improvements, 14 of the units have received full, premium-level upgrades, while the remaining units have not been upgraded to that same standard.
For buyers or operators evaluating a renovation-based strategy, the current composition provides a clear framework to align future unit improvements with the established upgraded set.
The property is positioned at the corner of 27th Street and Oak Street. As part of the existing improvements, 14 of the units have received full, premium-level upgrades, while the remaining units have not been upgraded to that same standard.
For buyers or operators evaluating a renovation-based strategy, the current composition provides a clear framework to align future unit improvements with the established upgraded set.
Key Highlights
- Urbana @ 27th is a 55‑unit multifamily property built in 1963.
- Five floorplans include studio, 1‑bedroom, 2‑bedroom, and 4‑bedroom options.
- 33 units are 2‑bedroom townhomes with 940 SF layout.
Property Analytics
Property Profile
Current Use
Lease Details
55
Residential units
Location Intelligence
Trade Area within ½ mile
1,251
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Built in 1963 and offers studio through four-bedroom floorplans with townhome-style two-bedroom units.
Where is this apartment building located?
The property is located at 2302 N 27th St Phoenix, AZ.
What are key features of this property?
This property features: Urbana @ 27th is a 55‑unit multifamily property built in 1963.; Five floorplans include studio, 1‑bedroom, 2‑bedroom, and 4‑bedroom options.; 33 units are 2‑bedroom townhomes with 940 SF layout.
