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55-Unit Townhouse Apartment Community
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Zen on 50 2015 N 50th St, Phoenix, AZ 85008

Gated, multi-level townhouse community with two- and three-bedroom layouts, direct-access garages, and high ceilings.

Property SizeContact for details
Days on Market7

Property Features for Zen on 50 2015 N 50th St

General Information

Standard status Active
Property subtype Multifamily

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 55

Amenities

gated community
direct-access garages

Building Details

Year Built 2018
Construction townhouse
Listing Agency: Phoenix
Listed By: Chris Roach
Source: Colliers
Added: Sep 20 Last Checked: Sep 24 at 6:36AM

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 Phoenix

Investment Insights

Based on property information with market context.

Zen on 50 is a 55-unit townhouse apartment community completed in 2018. The property includes multi-level two- and three-bedroom residences, direct-access garages, and high ceilings within a gated setting. Each unit is individually parceled, providing a separate disposition structure from a conventional multifamily sale.

The community is located at 2015 N 50th St in Phoenix, along North 50th Street between McDowell and Thomas Roads. Loop 202, I-10, and SR-143 are nearby, while Old Town Scottsdale, Downtown Phoenix, and North Tempe are each approximately a 10-minute drive away. Papago Park is also nearby, and the property is positioned within an infill Phoenix neighborhood.

Key Highlights

  • 55‑unit townhouse apartment community constructed in 2018
  • Two- and three‑bedroom multi‑level floor plans
  • Direct‑access garages and high ceilings

Property Analytics

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Current Use

Space Cats (Bike/Boat/Book/etc) Store Renegade marketing Consultant Moving For Sport, LLC Moving Company Zen on 50 Apartment Complex AD Digital Consulting Advertising Agency

Suggested Use

Top Pick Auto Parts Store HVAC Service Hair Salon Law Firm Accounting Firm Carpet & Flooring 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

55
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

443
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Gated, multi-level townhouse community with two- and three-bedroom layouts, direct-access garages, and high ceilings.
Where is this apartment building located?
The property is located at Zen on 50 2015 N 50th St Phoenix, AZ.
What are key features of this property?
This property features: 55‑unit townhouse apartment community constructed in 2018; Two- and three‑bedroom multi‑level floor plans; Direct‑access garages and high ceilings
More about this property
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