Two-Bedroom
For Sale
$236,000
312 W YUKON Drive 2, Phoenix, AZ 85027
Split-bedroom layout with included appliances, covered parking, and durable tile flooring in the main living spaces.
Property Size863 SF
Price / SF$273.46
Days on Market55
Property Features for 312 W YUKON Drive 2
General Information
Standard status
Active
Size
863 SF
Total Parking Spaces
1
Property subtype
Apartment
Additional Details
Highway Access
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$531
Building Details
Building Size
863 SF
Year Built
1983
Listing Agency:
101 Realty & Management LLC
Listed By:
Christopher Sanchez · License #BR638387000
(602) 460-3113
Source:
Luxuryhomesdesertmountain
Added: Aug 14
Changed: Sep 24
Last Checked: Oct 5 at 10:07PM
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 101 Realty & Management LLC
Investment Insights
Based on property information with market context.
This 863-square-foot condominium, built in 1983, provides a two-bedroom, two-bath layout with a split-bedroom design. Tile flooring extends through the living areas, kitchen, and bathrooms, while both bedrooms feature carpet. Kitchen appliances are included, and the property has a covered parking space.
The residence is located in North Phoenix at 312 W Yukon Drive 2, Phoenix, AZ 85027. Loop 101, I-17, and SR-51 are minutes away, connecting the property with shopping, dining, entertainment, and major employers throughout the Valley.
The residence is located in North Phoenix at 312 W Yukon Drive 2, Phoenix, AZ 85027. Loop 101, I-17, and SR-51 are minutes away, connecting the property with shopping, dining, entertainment, and major employers throughout the Valley.
Key Highlights
- 863 SF condominium with 2 bedrooms and 2 bathrooms
- Split‑bedroom floor plan
- Tile flooring in living areas, kitchen, and bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,066
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$201,320
$201.3K
Cap Rate 7%
$143,800
$143.8K
Cap Rate 9%
$111,844
$111.8K
Market Conditions
NOI Build-Up for 863 SF
Gross rent
$19.5K $22.56/SF
− Vacancy
−$1.2K −$1.35/SF
EGI
$18.3K $21.21/SF
− OpEx
−$8.2K −$9.54/SF
NOI
$10.1K $11.66/SF
Area
Phoenix, AZ
Vacancy
6.00%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$201,320
Cap Rate 7%
$143,800
Cap Rate 9%
$111,844
Alternative Uses
Best Use
Apartment 5plus
$143.8K
$125.8K – $167.8K
NOI $10,066 @ 7.0% cap · market cap 4.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$261.4K
$228.7K – $305.0K
NOI $18,299 @ 7.0% cap · market cap 7.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
253
Businesses Nearby
Explore this area
Business Placement
Demographics for 85027, AZ
38,343
Population
17,458
Households
2.2
Avg Household Size
36
Median Age
29%
College-Educated
92%
High-School Grad
11.7 sq mi
ZIP Area
3,277
Density / Sq Mi
$73,255
Median Household Income
$46,338
Median Earnings
$1,488
Median Rent
$316,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Split-bedroom layout with included appliances, covered parking, and durable tile flooring in the main living spaces.
Where is this residential income property located?
The property is located at 312 W YUKON Drive 2 Phoenix, AZ.
What is the asking price?
The asking price for this property is $236,000.
What are key features of this property?
This property features: 863 SF condominium with 2 bedrooms and 2 bathrooms; Split‑bedroom floor plan; Tile flooring in living areas, kitchen, and bathrooms
