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Value-Add 7-Unit Multifamily
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8925 N 10th St, Phoenix, AZ 85020

Low-density 7-unit multifamily with individually metered electric and master metered water and sewer, with recent unit remodels.

Property SizeContact for details
Lot Size0.67 Acres
Days on Market123

Property Features for 8925 N 10th St

General Information

Standard status Active
Lot size 0.67 Acres
Property subtype Multifamily
Zoning R-4

Site & Location

Highway Access Yes
Utilities to Site Yes

Additional Details

Multifamily Units 7

Building Details

Tenancy Multi
Listing Agency: Get MULTIfamily
Listed By: Patrick O'Sullivan, CCIM · License #BR634211000
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 3:35AM

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 Get MULTIfamily

Investment Insights

Based on property information with market context.

This is a value-add low-density multifamily development opportunity featuring a total of seven units on two R-4 lots totaling approximately 29,066 square feet. The unit mix includes two 2-bedroom, 1-bath units; four 1-bedroom, 1-bath units; and one studio. All units have individual electric meters, with water/sewer/trash master metered. Recent capital improvements include remodels of units 3 and 4, along with additional capital improvements totaling $75,000 across all units.

The property is located in the Sunnyslope neighborhood of Phoenix. It is described as offering the ability to add units and includes a new development option on a parcel zoned R-4.

For buyers looking for continuity, the current property manager—specialized in multifamily properties—is available to continue managing the property and help with the transition.

Key Highlights

  • Low‑density 7‑unit multifamily in Sunnyslope, Phoenix, on two R‑4 lots totaling +/-29,066 SF
  • Unit mix includes (2) 2BD/1BA, (4) 1BD/1BA, and (1) studio
  • Individually metered electric; master metered water/sewer/trash

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Daycare Center Computer & Electronic Repair (Bike/Boat/Book/etc) Store Hair Salon

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

7
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

835
Businesses Nearby

Demographics for 85020, AZ

34,534
Population
18,231
Households
1.9
Avg Household Size
43
Median Age
43%
College-Educated
90%
High-School Grad
8.8 sq mi
ZIP Area
3,924
Density / Sq Mi
$78,412
Median Household Income
$48,230
Median Earnings
$1,389
Median Rent
$400,800
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?
Apartment building - Low-density 7-unit multifamily with individually metered electric and master metered water and sewer, with recent unit remodels.
Where is this apartment building located?
The property is located at 8925 N 10th St Phoenix, AZ.
What are key features of this property?
This property features: Low‑density 7‑unit multifamily in Sunnyslope, Phoenix, on two R‑4 lots totaling +/-29,066 SF; Unit mix includes (2) 2BD/1BA, (4) 1BD/1BA, and (1) studio; Individually metered electric; master metered water/sewer/trash
(602) 842-5050 Call to check price and availability
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