2-Bedroom Residential Income
For Sale
$149,999
6812 N 35TH Avenue #E, Phoenix, AZ 85017
Skylights brighten the kitchen, which includes a breakfast peninsula and built-in appliances.
Property Size728 SF
Days on Market32
Property Features for 6812 N 35TH Avenue #E
General Information
Standard status
Active
Size
728 SF
Property subtype
Apartment
Site & Location
Neighborhood
Alhambra
Units
Unit Mix
1 x 2BR
Multifamily Units
1
Amenities
wood-look flooring
skylights
solid-surface counters
white shaker cabinets
built-in appliances
peninsula with breakfast bar
back patio
Building Details
Building Size
728 SF
Year Built
1974
Stories
1
Listing Agency:
Realty of America LLC
Listed By:
Michelle L Minik · License #SA523526000
(602) 488-5432
Source:
Southquest.kw
Added: Sep 28
Changed: Oct 25
Last Checked: Oct 28 at 4:50AM
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 Realty of America LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2-bedroom unit at Casa Domani has an open layout with wood-look flooring. The kitchen features skylights, solid-surface counters, white shaker cabinetry, built-in appliances and a peninsula with a breakfast bar. Both bedrooms are part of the unit’s layout, and a back patio provides outdoor space. A carport is included for parking.
Built in 1974, the property is located at 6812 N 35th Avenue, Unit E, in Phoenix. The combination of interior living space, a private patio and carport defines the property’s practical features.
Built in 1974, the property is located at 6812 N 35th Avenue, Unit E, in Phoenix. The combination of interior living space, a private patio and carport defines the property’s practical features.
Key Highlights
- 2‑bedroom unit at Casa Domani
- Kitchen with skylights, solid‑surface counters and white shaker cabinetry
- Built‑in kitchen appliances and peninsula with breakfast bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,491
Cap Rate
5.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$169,820
$169.8K
Cap Rate 7%
$121,300
$121.3K
Cap Rate 9%
$94,344
$94.3K
Market Conditions
NOI Build-Up for 728 SF
Gross rent
$16.4K $22.56/SF
− Vacancy
−$985 −$1.35/SF
EGI
$15.4K $21.21/SF
− OpEx
−$6.9K −$9.54/SF
NOI
$8.5K $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%
$169,820
Cap Rate 7%
$121,300
Cap Rate 9%
$94,344
Alternative Uses
Best Use
Apartment 5plus
$121.3K
$106.1K – $141.5K
NOI $8,491 @ 7.0% cap · market cap 5.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$220.5K
$193.0K – $257.3K
NOI $15,436 @ 7.0% cap · market cap 10.29%
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
439
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Residential income property - Skylights brighten the kitchen, which includes a breakfast peninsula and built-in appliances.
Where is this residential income property located?
The property is located at 6812 N 35TH Avenue #E Phoenix, AZ.
What is the asking price?
The asking price for this property is $149,999.
What are key features of this property?
This property features: 2‑bedroom unit at Casa Domani; Kitchen with skylights, solid‑surface counters and white shaker cabinetry; Built‑in kitchen appliances and peninsula with breakfast bar
