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Upgraded Apartment Building with Courtyard
For Sale
$3,150,000

1801 North 50th Street, Phoenix, AZ 85008

Thirteen-unit multifamily property with upgraded interiors, private outdoor areas, covered parking, and individual electric metering.

Property SizeContact for details
Days on Market334

Property Features for 1801 North 50th Street

General Information

Standard status Active
Property subtype Multiple Dwellings
Zoning R3
Net Operating Income $165,753

Taxes and HOA fees

Annual Taxes $6,886

Amenities

Central Air, Electric, Individual
Individual, Electric
Tile, Other, Ceramic Tile, Wood
Yes
0.0
Composition, Built-Up
Other, See Remarks, No Pool
4
13
Painted, Stucco, Slump Block

Building Details

Year Built 1980
Listing Agency: ABI Multifamily
Listed By: Carson P Griesemer · License #SA686764000
Source: Compass
Added: Oct 2, 2025 Changed: Aug 29 Last Checked: Aug 29 at 5:01PM

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.

Coronado 13 is a 13-unit apartment property completed in 1980 with slump-block construction and upgraded unit interiors. The unit mix includes twelve two-bedroom, one-bath apartments and one three-bedroom, one-bath apartment; each unit is approximately 900 square feet. Residences include in-unit washers and dryers, tile and/or wood flooring, updated hard surfaces, walk-in closets, dedicated dining areas, and either a private rear patio or backyard. Central air is provided, and each apartment has an individual electric meter with its own sub-panel.

The community includes covered parking, additional uncovered spaces, a shared courtyard, and mature landscaping. The property is located at 1801 North 50th Street in Phoenix, Arizona, and carries R3 zoning.

Key Highlights

  • 13‑unit apartment property with twelve 2‑Bed / 1‑Bath units and one 3‑Bed / 1‑Bath unit
  • Each apartment is 900 sf and includes an in‑unit washer and dryer
  • Central air, individual electric metering, and dedicated electrical sub‑panels

Property Analytics

Current Use

D N S ... Landscaping

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Hair Salon HVAC Service Nail Salon Daycare Center Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

676
Businesses Nearby

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

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 - Thirteen-unit multifamily property with upgraded interiors, private outdoor areas, covered parking, and individual electric metering.
Where is this apartment building located?
The property is located at 1801 North 50th Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $3,150,000.
What are key features of this property?
This property features: 13‑unit apartment property with twelve 2‑Bed / 1‑Bath units and one 3‑Bed / 1‑Bath unit; Each apartment is 900 sf and includes an in‑unit washer and dryer; Central air, individual electric metering, and dedicated electrical sub‑panels
More about this property
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