High-Rise Residential
New
For Sale
$145,000
4750 N CENTRAL Avenue N6, Phoenix, AZ 85012
A sixth-floor residence pairs a private balcony with reserved parking and an open kitchen featuring a breakfast bar.
Property Size702 SF
Days on Market6
Property Features for 4750 N CENTRAL Avenue N6
General Information
Standard status
Active
Size
702 SF
Property subtype
Apartment
Site & Location
Neighborhood
Alhambra
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$734
Amenities
private balcony
Building Details
Building Size
702 SF
Year Built
1963
Listing Agency:
Joplin Realty
Listed By:
Rosicella Joplin
(480) 307-2961
Source:
Alexiabertsatos
Added: Oct 28
Changed: Oct 31
Last Checked: Nov 1 at 1:07PM
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 Joplin Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This sixth-floor Camelback-model residence at Landmark on Central has an open kitchen with gray cabinetry, granite counters, stainless steel appliances, and a breakfast bar. Wood flooring extends into a bright great room, and the unit includes a private balcony. Reserved parking is on the first floor. The building dates to 1963.
The property is along the light rail in Central Phoenix. Uptown Plaza, restaurants, shopping, downtown Phoenix, and the Biltmore area are described as minutes away. The balcony provides views of Camelback Mountain, Piestewa Peak, and the Phoenix skyline.
The property is along the light rail in Central Phoenix. Uptown Plaza, restaurants, shopping, downtown Phoenix, and the Biltmore area are described as minutes away. The balcony provides views of Camelback Mountain, Piestewa Peak, and the Phoenix skyline.
Key Highlights
- Sixth‑floor Camelback‑model residence at Landmark on Central
- Private balcony with views of Camelback Mountain, Piestewa Peak, and the Phoenix skyline
- Open kitchen with gray cabinetry, granite countertops, stainless steel appliances, and a breakfast bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,188
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$163,760
$163.8K
Cap Rate 7%
$116,971
$117.0K
Cap Rate 9%
$90,978
$91.0K
Market Conditions
NOI Build-Up for 702 SF
Gross rent
$15.8K $22.56/SF
− Vacancy
−$950 −$1.35/SF
EGI
$14.9K $21.21/SF
− OpEx
−$6.7K −$9.54/SF
NOI
$8.2K $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%
$163,760
Cap Rate 7%
$116,971
Cap Rate 9%
$90,978
Alternative Uses
Best Use
Apartment 5plus
$117.0K
$102.4K – $136.5K
NOI $8,188 @ 7.0% cap · market cap 5.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$212.6K
$186.1K – $248.1K
NOI $14,885 @ 7.0% cap · market cap 10.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
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
Frequently Asked Questions
What type of property is this?
Residential income property - A sixth-floor residence pairs a private balcony with reserved parking and an open kitchen featuring a breakfast bar.
Where is this residential income property located?
The property is located at 4750 N CENTRAL Avenue N6 Phoenix, AZ.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Sixth‑floor Camelback‑model residence at Landmark on Central; Private balcony with views of Camelback Mountain, Piestewa Peak, and the Phoenix skyline; Open kitchen with gray cabinetry, granite countertops, stainless steel appliances, and a breakfast bar
