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20-Unit Apartment Complex
New
For Sale
$3,100,000

320 N 52ND Street, Phoenix, AZ 85008

Multiple Dwellings, Phoenix, AZ

Property SizeContact for details
Lot Size0.83 Acres
Days on Market1

Property Features for 320 N 52ND Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-5
Bedrooms 25
Bathrooms 20
Full bathrooms 20
Rooms Bathroom 19, Bathroom 17, Bedroom 22, Bathroom 3, Bathroom 4, Bathroom 8, Bathroom 1, Bathroom 7, Bedroom 19, Bedroom 16, Bedroom 12, Bathroom 14, Bedroom 20, Bathroom 13, Bathroom 18, Bedroom 10, Bedroom 23, Bedroom 25, Bedroom 8, Bedroom 15, Bathroom 11, Bedroom 11, Bedroom 1, Bathroom 9, Bedroom 21, Bathroom 16, Bedroom 4, Bathroom 6, Bathroom 12, Bedroom 6, Bathroom 5, Bedroom 9, Bedroom 24, Bathroom 20, Bedroom 14, Bathroom 10, Bedroom 3, Bedroom 13, Bathroom 2, Bedroom 5, Bedroom 17, Bedroom 2, Bedroom 18, Bathroom 15, Bedroom 7
Pool private 1
Appliances Free-Standing Range, Dishwasher, Refrigerator, Microwave
Subdivision PAPAGO ADDITION 3
Elementary school district Balsz Elementary District
Middle school district Phoenix Union High School District
High school district Phoenix Union High School District
Directions South on 52nd Street to property on West side of the one way street, just North of Van Buren
Standard status Active
APN 125-05-026
Lot size 0.83 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 26 PAPAGO ADDITION 3 MCR 005028
Tax Annual Amount 9147
Legal Description LOT 26 PAPAGO ADDITION 3 MCR 005028

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Ceiling
Cooling system Electric

Building Details

Year built 1964
Number of units 20
Flooring type Vinyl
Building materials Painted, Block
Roof type Foam
Listing Agency: MCO Realty
Listed By: John Gurczak
Added: Oct 15 Last Checked: Oct 15 at 11:06PM
MLS# 7094624

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Papago View Apartments is a 20-unit complex comprising five buildings, each with four residences. The unit mix includes 15 one-bedroom units and five two-bedroom units. Nineteen units have been remodeled with updated appliances, cabinetry, countertops, and HVAC units. Several residences have private yards. The property was built in 1964 with block construction and is zoned R-5. The 36,000 sq. ft. site is served by public sewer.

The complex is in Phoenix, just off Loop 202, with Papago Park and the Phoenix Zoo among the nearby outdoor destinations.

Key Highlights

  • 20 units across five buildings, with four units per building
  • Unit mix: 15 one‑bedroom units and five two‑bedroom units
  • 19 units remodeled with new appliances, cabinetry, countertops, and HVAC units

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Spa & Massage Center Nail Salon HVAC Service Hair Salon (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

20
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

563
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

Frequently Asked Questions

What type of property is this?
Apartment building - The five-building property includes a mix of one- and two-bedroom residences, with private yards at several units.
Where is this apartment building located?
The property is located at 320 N 52ND Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: 20 units across five buildings, with four units per building; Unit mix: 15 one‑bedroom units and five two‑bedroom units; 19 units remodeled with new appliances, cabinetry, countertops, and HVAC units
More about this property
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