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Mid-Century Multifamily Apartment Portfolio
For Sale
Contact for pricing
Pending

769 E Pierce St, Phoenix, AZ 85006

Portfolio includes 47 apartment units across three mid-century buildings, with mixed electrical metering.

Property SizeContact for details
Days on Market123

Property Features for 769 E Pierce St

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Highway Access Yes
Multifamily Units 47

Building Details

Construction mid-century
Listing Agency: ABI Multifamily LLC
Listed By: John Klocek · License #AZ SA657592000
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 10 at 11:26AM

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 LLC

Investment Insights

Based on property information with market context.

The Pierce 9 portfolio is a multifamily investment property featuring 47 apartment units across three separate mid-century buildings. Unit mix includes 31 studios and 16 one-bedroom apartments. The buildings include two master-metered electricity configurations and one individually metered building. Many units have been updated over the years, with additional stated opportunities related to adding washer/dryers, updating the air conditioning system, and making further interior and exterior upgrades.

The property is located just east of 7th St. and a block and a half south of Roosevelt in the Garfield Historic District, within walking distance of Roosevelt Row and near several downtown-area institutions. It is also described as about half a mile to the I-10 Freeway for access throughout the valley.

Key Highlights

  • Pierce 9 portfolio offers 47 apartment units in 3 separate mid‑century buildings in the Garfield Historic District.
  • Unit mix includes 31 studios and 16 one‑bedroom apartments across the three buildings.
  • Electrical metering: two buildings are master metered; one building is individually metered.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Veterinary Clinic Mobile Phone Store Butcher Restaurant

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

47
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,285
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

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 - Portfolio includes 47 apartment units across three mid-century buildings, with mixed electrical metering.
Where is this apartment building located?
The property is located at 769 E Pierce St Phoenix, AZ.
What are key features of this property?
This property features: Pierce 9 portfolio offers 47 apartment units in 3 separate mid‑century buildings in the Garfield Historic District.; Unit mix includes 31 studios and 16 one‑bedroom apartments across the three buildings.; Electrical metering: two buildings are master metered; one building is individually metered.
(602) 639-0088 Call to check price and availability
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