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5-Unit Apartment Building
For Sale
$1,900,000

1341 E Polk Street, Phoenix, AZ 85006

Modern multifamily property with spacious layouts, private balconies, garages, and individually metered utilities.

Property SizeContact for details
Days on Market341

Property Features for 1341 E Polk Street

General Information

Standard status Active
Property subtype Multi Family

Additional Details

Utilities to Site Yes
Multifamily Units 5

Taxes and HOA fees

Annual Taxes $12,681

Amenities

private balconies
in-unit laundry
two-car garages

Building Details

Year Built 2017
Listing Agency: ABI Multifamily
Listed By: Mitchell Drake · License #SA675761000
Source: Exitrealty
Added: Sep 28, 2025 Changed: Sep 2 Last Checked: Aug 30 at 4:21PM

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

Investment Insights

Based on property information with market context.

Built in 2017, this five-unit apartment property offers a primarily three-bedroom unit mix, with most residences featuring three baths. Interiors include modern finishes and open-plan living areas, while private balconies and in-unit laundry add practical resident amenities. Each unit also includes a two-car garage, providing dedicated parking and storage.

The property is located in Phoenix’s Garfield Historic District, with shops, dining, and cultural destinations described as walkable from the asset. Sky Harbor Airport is approximately 10 minutes away. Individually metered utilities support separate resident consumption tracking and simplify operating-cost allocation.

Key Highlights

  • Five‑unit multifamily property built in 2017
  • Primarily three‑bedroom units; most include three baths
  • Two‑car garages, private balconies, and in‑unit laundry

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Butcher Florist Supermarket Locksmith

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

5
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,336
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 - Modern multifamily property with spacious layouts, private balconies, garages, and individually metered utilities.
Where is this apartment building located?
The property is located at 1341 E Polk Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Five‑unit multifamily property built in 2017; Primarily three‑bedroom units; most include three baths; Two‑car garages, private balconies, and in‑unit laundry
More about this property
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