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Updated 10-Unit Apartment Building
For Sale
$1,500,000

89108912 8910-8912 N 3rd St, Phoenix, AZ 85020

Fully occupied multifamily property in Phoenix with renovated interiors and upgraded electrical systems across two adjoining parcels.

Property SizeContact for details
Days on Market43

Property Features for 89108912 8910-8912 N 3rd St

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 100%

Additional Details

Multifamily Units 10

Building Details

Year Built 1945
Listing Agency: The Broker Reserve LLC
Listed By: Hudson D Robison · License #BR692045000
Source: Lizkeepsitrealaz
Added: Jul 21 Changed: Aug 28 Last Checked: Aug 30 at 8:43PM

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 The Broker Reserve LLC

Investment Insights

Based on property information with market context.

This 10-unit apartment property in Phoenix combines a fully renovated building with updated electrical and wiring systems. The asset was built in 1945 and includes all ten units across two contiguous parcels.

The property is 100% occupied and has undergone substantial renovations, including capital improvements completed during the last 1.5 years. Its Uptown Phoenix location and stabilized occupancy provide a straightforward multifamily configuration for evaluating an established residential income property.

Key Highlights

  • 10‑unit multifamily property
  • 100% occupied
  • Fully renovated apartment asset

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Repair Shop Electrical Service Nail Salon

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

10
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 85020, AZ

34,534
Population
18,231
Households
1.9
Avg Household Size
43
Median Age
43%
College-Educated
90%
High-School Grad
8.8 sq mi
ZIP Area
3,924
Density / Sq Mi
$78,412
Median Household Income
$48,230
Median Earnings
$1,389
Median Rent
$400,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied multifamily property in Phoenix with renovated interiors and upgraded electrical systems across two adjoining parcels.
Where is this apartment building located?
The property is located at 89108912 8910-8912 N 3rd St Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 10‑unit multifamily property; 100% occupied; Fully renovated apartment asset
More about this property
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