Remodeled
For Sale
$109,000
Pending
4750 N CENTRAL Avenue 3J, Phoenix, AZ 85012
Association coverage includes air conditioning, heat, water, trash, and Wi-Fi.
Property Size788 SF
Days on Market323
Property Features for 4750 N CENTRAL Avenue 3J
General Information
Standard status
Pending
Size
788 SF
Property subtype
Apartment
Site & Location
Neighborhood
Alhambra
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,135
Amenities
rooftop deck
secure parking garage
24/7 front-desk concierge
fitness center
pool
media room
resident lounge
library
billiards room
laundry facilities
mail facilities
Building Details
Building Size
788 SF
Year Built
1963
Listing Agency:
Compass
Listed By:
Ronald Wadsworth
(602) 469-1268
Source:
Bvoluxury
Added: Dec 16, 2025
Changed: Nov 2
Last Checked: Nov 3 at 6:10AM
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 Compass
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Investment Insights
Based on property information with market context.
This 788-square-foot condominium in a Phoenix high-rise has a renovated kitchen with custom cabinetry and waterfall quartz counters, along with a remodeled bathroom featuring a new shower and plumbing. The building, completed in 1963, offers a rooftop deck, secure garage parking, a fitness center, and a pool. Residents also have access to a 24-hour front desk, media room, lounge, library, billiards room, laundry facilities, and mail services.
Air conditioning, heat, water, trash, and Wi-Fi are covered through the HOA. The property is near bars, restaurants, and nightlife, with access to I-17, SR-51, and the Light Rail. ASU, CityScape, Sky Harbor, and museums are also identified as nearby destinations.
Air conditioning, heat, water, trash, and Wi-Fi are covered through the HOA. The property is near bars, restaurants, and nightlife, with access to I-17, SR-51, and the Light Rail. ASU, CityScape, Sky Harbor, and museums are also identified as nearby destinations.
Key Highlights
- 788‑square‑foot condominium with an updated kitchen and bathroom
- Kitchen features custom cabinetry and waterfall quartz countertops
- Bathroom includes a new shower and plumbing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,191
Cap Rate
8.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$183,820
$183.8K
Cap Rate 7%
$131,300
$131.3K
Cap Rate 9%
$102,122
$102.1K
Market Conditions
NOI Build-Up for 788 SF
Gross rent
$17.8K $22.56/SF
− Vacancy
−$1.1K −$1.35/SF
EGI
$16.7K $21.21/SF
− OpEx
−$7.5K −$9.54/SF
NOI
$9.2K $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%
$183,820
Cap Rate 7%
$131,300
Cap Rate 9%
$102,122
Alternative Uses
Best Use
Apartment 5plus
$131.3K
$114.9K – $153.2K
NOI $9,191 @ 7.0% cap · market cap 8.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$238.7K
$208.9K – $278.5K
NOI $16,708 @ 7.0% cap · market cap 15.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,001
Businesses Nearby
Explore this area
Business Placement
Demographics for 85012, AZ
8,201
Population
5,269
Households
1.6
Avg Household Size
39
Median Age
60%
College-Educated
95%
High-School Grad
2.3 sq mi
ZIP Area
3,566
Density / Sq Mi
$80,242
Median Household Income
$57,228
Median Earnings
$1,693
Median Rent
$701,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Association coverage includes air conditioning, heat, water, trash, and Wi-Fi.
Where is this residential income property located?
The property is located at 4750 N CENTRAL Avenue 3J Phoenix, AZ.
What is the asking price?
The asking price for this property is $109,000.
What are key features of this property?
This property features: 788‑square‑foot condominium with an updated kitchen and bathroom; Kitchen features custom cabinetry and waterfall quartz countertops; Bathroom includes a new shower and plumbing
