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2536 W Adams St, Phoenix, AZ 85009

Remodeled two-bedroom residence plus two duplex buildings totaling five units with individual electric meters.

Property SizeContact for details
Days on Market123

Property Features for 2536 W Adams St

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Financials

Cap Rate 6.61%
Business Included Yes

Additional Details

Highway Access Yes
Multifamily Units 5

Building Details

Tenancy Multi
Listing Agency: Get MULTIfamily
Listed By: Patrick O'Sullivan, CCIM · License #BR634211000
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 12:59AM

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 Get MULTIfamily

Investment Insights

Based on property information with market context.

This property consists of a remodeled two-bedroom house and two duplex buildings, for a total of five residential units. The homes offer individual electric meters, and the setup is described as maintenance-lean with tenant agreement to perform management maintenance and repairs. The property also notes huge private yards as part of the unit experience.

The asset is located at 2536 W Adams St in Phoenix, AZ, and is described as being minutes from freeways with access toward downtown Phoenix and the State Capitol. The surrounding area is characterized as single-family homes.

Additional terms mentioned by the seller include the possibility of seller financing, with the seller may carry 40% down at 9% short term, subject to approval.

Key Highlights

  • Remodeled 2‑bedroom residence plus two duplex buildings totaling 5 units
  • Individual electric meters for the units
  • Tenant agreement in place for management maintenance and repairs

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Electrical Service Pharmacy Grocery & Convenience 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

5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

740
Businesses Nearby

Demographics for 85009, AZ

50,439
Population
14,873
Households
3.4
Avg Household Size
31
Median Age
7%
College-Educated
59%
High-School Grad
14.7 sq mi
ZIP Area
3,431
Density / Sq Mi
$51,615
Median Household Income
$29,674
Median Earnings
$1,128
Median Rent
$215,300
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 - Remodeled two-bedroom residence plus two duplex buildings totaling five units with individual electric meters.
Where is this apartment building located?
The property is located at 2536 W Adams St Phoenix, AZ.
What are key features of this property?
This property features: Remodeled 2‑bedroom residence plus two duplex buildings totaling 5 units; Individual electric meters for the units; Tenant agreement in place for management maintenance and repairs
(602) 842-5050 Call to check price and availability
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