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Phoenix Multifamily Investment Opportunity
For Sale
$629,990

5820 N 35TH Avenue, Phoenix, AZ 85017

MULTI_FAMILY - Phoenix, AZ

Property SizeContact for details
Days on Market107

Property Features for 5820 N 35TH Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential
Appliances Free-Standing Range, Disposal, Refrigerator, Microwave, Washer/Dryer
Subdivision LISTEL VISTA
Elementary school district Alhambra Elementary District
Middle school district Phoenix Union High School District
High school district Phoenix Union High School District
Standard status Active
APN 145-10-086

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 86 LISTEL VISTA MCR 006209
Tax Annual Amount 1011
Legal Description LOT 86 LISTEL VISTA MCR 006209

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Heat Pump

Building Details

Year built 1958
Number of units 4
Flooring type Tile - Ceramic, Carpet, Vinyl
Building materials Wood Frame, Painted, Block
Roof type Composition
Listing Agency: A.Z. & Associates
Listed By: Omar Vasquez
Added: Apr 28 Changed: Jul 28 Last Checked: Aug 12 at 1:06AM
MLS# 7020368

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.

Investment Insights

Based on property information with market context.

This well-located 4-plex in Phoenix, Arizona, presents a strong opportunity for investors seeking consistent income and long-term growth. Its proximity to Grand Canyon University creates steady rental demand, making it ideal for student housing or long-term tenants. The property offers reliable cash flow with solid income potential, along with the advantage of being in a high-demand rental area. Convenient access to shopping, dining, and major freeways further enhances its appeal to tenants. This 4-plex is a valuable addition with both immediate returns and future appreciation potential. The property is zoned for residential use.

Key Highlights

  • 4‑plex built in 1958
  • Heat pump heating and cooling
  • Public sewer service

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Spa & Massage Center Skin Care Clinic Grocery & Convenience 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

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

439
Businesses Nearby

Demographics for 85017, AZ

45,279
Population
12,743
Households
3.6
Avg Household Size
26
Median Age
11%
College-Educated
65%
High-School Grad
5.3 sq mi
ZIP Area
8,543
Density / Sq Mi
$51,737
Median Household Income
$29,371
Median Earnings
$1,197
Median Rent
$242,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Well-located 4-plex near Grand Canyon University.
Where is this quadplex located?
The property is located at 5820 N 35TH Avenue Phoenix, AZ.
What is the asking price?
The asking price for this property is $629,990.
What are key features of this property?
This property features: 4‑plex built in 1958; Heat pump heating and cooling; Public sewer service
More about this property
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