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8-Unit Apartment Buildings
For Sale
$659,000

1529 E ADAMS Street, Phoenix, AZ 85034

Multiple Dwellings, Phoenix, AZ

Property SizeContact for details
Days on Market106

Property Features for 1529 E ADAMS Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-5
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bathroom 3, Bedroom 4, Bathroom 1, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 3
Appliances Refrigerator
Subdivision COLLINS ADDITION PHOENIX BLOCKS 31-34 39-40
Elementary school Phoenix #1 iAcademy
Middle school Phoenix #1 iAcademy
High school North High School
Elementary school district Phoenix Elementary District
Middle school district Phoenix Union High School District
High school district Phoenix Union High School District
Standard status Active
APN 116-46-103

Taxes and HOA fees

Tax Year 2025
Tax Description COLLINS
Tax Annual Amount 980
Legal Description COLLINS

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Ceiling Fan(s)

Amenities

private patio/yard space

Building Details

Year built 1983
Number of units 4
Flooring type Laminate, Tile
Building materials Painted, Block
Roof type Rolled Hot Mop
Listing Agency: SRL Group
Listed By: Carrie Lehrman · License #BR626599000
Added: May 26 Changed: Aug 25 Last Checked: Sep 8 at 5:06AM
MLS# 7033470

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property comprises two four-unit apartment buildings with eight residences in total. All units are occupied, and each residence includes a private patio or yard area. The buildings were constructed in 1983 and feature painted block construction, laminate and tile flooring, natural-gas heating, ceiling fans, public sewer service, and rolled hot mop roofing. A refrigerator is included in each unit.

The property is located in Downtown Phoenix near Chase Field, the Footprint Center, ASU Downtown Campus, the University of Arizona College of Medicine, Banner Health, and the restaurants, coffee shops, galleries, and nightlife of Roosevelt Row. On-site parking serves the buildings, while R-5 zoning provides the stated land-use designation.

Key Highlights

  • Two four‑unit apartment buildings provide 8 total units
  • All units are currently occupied
  • Every residence includes a private patio or yard area

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Nail Salon Dental Office (Bike/Boat/Book/etc) Store

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

8
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

979
Businesses Nearby

Demographics for 85034, AZ

5,033
Population
2,901
Households
1.7
Avg Household Size
32
Median Age
32%
College-Educated
81%
High-School Grad
11.6 sq mi
ZIP Area
434
Density / Sq Mi
$53,545
Median Household Income
$43,236
Median Earnings
$1,205
Median Rent
$397,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - Two separate structures offer private outdoor space, on-site parking, and current occupancy.
Where is this apartment building located?
The property is located at 1529 E ADAMS Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: Two four‑unit apartment buildings provide 8 total units; All units are currently occupied; Every residence includes a private patio or yard area
More about this property
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