512 E Mariposa St Phoenix, AZ 85012

Listing agency CBRE - Phoenix B***@cbre.com Show Phone

Listed by Brian Tranetzki · License #BR581404000

Source Crexi

Added: Apr 11 Updated: Jul 22 at 11:48AM Checked: Jul 22 at 11:48AM

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Investment Insights

Based on property information with market context.

The Carolina is an 18-unit apartment investment built in 1951 with block and concrete construction, pitched roofs, and a courtyard setting. The property is comprised of one-bedroom units and features individually metered electricity, supporting tenant-by-tenant utility billing.

Located in the center of midtown Phoenix, the community is described as being within walking distance to the Phoenix Metro Light rail, public and private schools, and dozens of boutique retail and restaurants, with the $1B Steele Indian School Park development also positioned to influence the surrounding skyline. The property is positioned for updates, with the ability to modernize interiors, enhance the courtyard, and add in-suite washer and dryers.

Key Highlights

• 18‑unit apartment building in midtown Phoenix, Arizona’s employment corridor
• Built in 1951 with block and concrete construction and pitched roofs
• One‑bedroom unit mix

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FAQs

What type of property is this?

Apartment building - Mid-century apartment building with one-bedroom units and individually metered electricity.

Where is this apartment building located?

The property is located at 512 E Mariposa St Phoenix, AZ.

What are key features of this property?

This property features: 18‑unit apartment building in midtown Phoenix, Arizona’s employment corridor; Built in 1951 with block and concrete construction and pitched roofs; One‑bedroom unit mix