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95-Unit Apartment Portfolio
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2835 W Northern Ave, Phoenix, AZ 85051

Two apartment properties serve an established Phoenix West Valley area with employment, retail, and regional transportation access.

Property SizeContact for details
Days on Market146

Property Features for 2835 W Northern Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Highway Access Yes
Multifamily Units 95

Building Details

Buildings 2
Listing Agency: Marcus & Millichap - Phoenix
Listed By: Richard Butler · License #AZ SA031210000
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 3:15PM

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 Marcus & Millichap - Phoenix

Investment Insights

Based on property information with market context.

The Northern Palms portfolio comprises 95 apartment units across two properties at 2835 W Northern Ave in Phoenix, Arizona. The asset is positioned within the city’s West Valley and offers a multifamily configuration suited to apartment ownership and operations.

The properties are less than one mile west of I-17, also known as the Black Canyon Freeway. This location provides regional connectivity toward downtown Phoenix, Phoenix Sky Harbor International Airport, and the Black Canyon Corridor. Nearby commercial destinations include Christown Spectrum Mall, the Metrocenter redevelopment, Albertson’s, Food City, Walmart, and Lowe’s.

Key Highlights

  • 95‑unit apartment portfolio across two properties
  • Less than one mile west of I‑17, also known as the Black Canyon Freeway
  • Located in Phoenix’s West Valley

Property Analytics

Current Use

Northern Palms Apartment Complex All Trades Marketing Corporate Office

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Spa & Massage Center Daycare Center (Bike/Boat/Book/etc) 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

95
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

612
Businesses Nearby

Demographics for 85051, AZ

46,123
Population
16,818
Households
2.7
Avg Household Size
34
Median Age
20%
College-Educated
81%
High-School Grad
6.4 sq mi
ZIP Area
7,207
Density / Sq Mi
$63,665
Median Household Income
$38,980
Median Earnings
$1,256
Median Rent
$288,300
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 apartment properties serve an established Phoenix West Valley area with employment, retail, and regional transportation access.
Where is this apartment building located?
The property is located at 2835 W Northern Ave Phoenix, AZ.
What are key features of this property?
This property features: 95‑unit apartment portfolio across two properties; Less than one mile west of I‑17, also known as the Black Canyon Freeway; Located in Phoenix’s West Valley
(602) 618-8881 Call to check price and availability
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