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8-Unit Renovated Apartment Building
For Sale
Contact for pricing
Pending

2002 N 50th St, Phoenix, AZ 85008

Two parcels contain a residential income property with updated interiors, outdoor space, and on-site storage units.

Property SizeContact for details
Days on Market143

Property Features for 2002 N 50th St

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: ABI Multifamily LLC
Listed By: John Klocek · License #AZ SA657592000
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 31 at 12:42PM

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 LLC

Investment Insights

Based on property information with market context.

This apartment property comprises 8 units across two separate parcels, with a mix of seven two-bedroom / one-bathroom residences and one three-bedroom / one-bathroom residence. Six units have been renovated with LVP flooring, new cabinetry, quartz countertops, updated electrical and plumbing fixtures, stainless steel appliances, fresh paint, new baseboards, shower / tub surrounds, and full-size stacked washer / dryer connections with appliances included. Outdoor areas provide space for barbecue areas or private yards, while on-site storage units offer additional owner or rental-use capacity.

The property is located at 2002 N 50th St in Phoenix, less than 15 minutes from downtown Phoenix, Scottsdale, Tempe, and the Biltmore area. Arizona State University and Old Town Scottsdale are within 5 miles. Access to the SR-143 Freeway is nearby, and Arcadia Crossing Shopping Center provides access to Fry’s Food and Drug, Target, Petco, and Costco Wholesale.

Key Highlights

  • 8 units across two separate parcels
  • Unit mix includes seven two‑bedroom / one‑bathroom units and one three‑bedroom / one‑bathroom unit
  • Six renovated units with quartz countertops, stainless steel appliances, and LVP flooring

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Hair Salon HVAC Service Auto Parts Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store 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

700
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Two parcels contain a residential income property with updated interiors, outdoor space, and on-site storage units.
Where is this apartment building located?
The property is located at 2002 N 50th St Phoenix, AZ.
What are key features of this property?
This property features: 8 units across two separate parcels; Unit mix includes seven two‑bedroom / one‑bathroom units and one three‑bedroom / one‑bathroom unit; Six renovated units with quartz countertops, stainless steel appliances, and LVP flooring
(602) 639-0088 Call to check price and availability
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