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10-Unit Apartment Building
New
For Sale
$1,849,000

1802 N 26th Place, Phoenix, AZ 85008

Five larger residences have in-unit laundry, while the remaining apartments share an on-site laundry facility.

Property SizeContact for details
Days on Market4
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Property Features for 1802 N 26th Place

General Information

Standard status Active
Property subtype MULTI_FAMILY
Occupancy 100%

Property Condition

Severity Repairs Needed
Evidence completing remaining interior & exterior renovations

Units

Unit Mix 1 x studio, 3 x 1BR, 1 x 2BR, 4 x 3BR casita, 1 x 4BR casita
Multifamily Units 10

Additional Details

Cap Rate 6.33%
Highway Access Yes

Taxes and HOA fees

Annual Taxes $3,721

Amenities

private patios
in-unit washer/dryer
community laundry

Building Details

Year Built 1960
Year Renovated 2021
Listing Agency: ABI Multifamily
Listed By: Colin Kreager · License #SA693849000
Source: Jcluxuryresidential
Added: Oct 12 Changed: Oct 15 Last Checked: Oct 15 at 2:06AM

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 1960, this 10-unit apartment property includes a studio, three one-bedroom units, one two-bedroom unit, four three-bedroom casitas, and one four-bedroom casita. Five units were fully reconstructed and two received renovations in 2021; three retain classic interiors. Work across seven units included roof replacement, plumbing and electrical updates, and interior improvements. Select residences have private patios. Each of the five three- and four-bedroom units has its own washer and dryer, and the other five use community laundry. The reported in-place cap rate is 6.33%.

The property sits between Central Phoenix and the East Valley, with access to I-10, SR-51, and Loop 202, as well as Phoenix Sky Harbor International Airport, Biltmore FashionPark, and the Camelback Corridor.

Key Highlights

  • 10 units: one studio, three one‑bedroom, one two‑bedroom, four three‑bedroom casitas, and one four‑bedroom casita
  • Five units fully reconstructed and two renovated in 2021; three remain in classic condition
  • Roofing, plumbing, electrical, and interior improvements completed across seven units

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Grocery & Convenience Store (Bike/Boat/Book/etc) Store Acupuncture Parking Lot & Garage

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

678
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Five larger residences have in-unit laundry, while the remaining apartments share an on-site laundry facility.
Where is this apartment building located?
The property is located at 1802 N 26th Place Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,849,000.
What are key features of this property?
This property features: 10 units: one studio, three one‑bedroom, one two‑bedroom, four three‑bedroom casitas, and one four‑bedroom casita; Five units fully reconstructed and two renovated in 2021; three remain in classic condition; Roofing, plumbing, electrical, and interior improvements completed across seven units
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