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103-Unit Apartment Portfolio

901 S 17th Avenue, Phoenix, AZ 85007

For Sale
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Four single-level properties include furnished studio apartments, on-site laundry, and storage buildings.

Property SizeContact for details
Days on Market42

Property Features for 901 S 17th Avenue

General Information

Standard status Active
Property subtype Multifamily

Site & Location

Neighborhood Central City
Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Furnished Yes
Multifamily Units 103
Tenant in Place Yes

Amenities

wall A/C
on-site laundry
storage

Building Details

Buildings 4
Stories 1
Construction block-constructed
Tenancy Multi
Listing Agency: Coldwell Banker Commercial Realty
Listed By: Terry Kass · License AZ BR503783000
Source: Crexi
Added: Oct 3 Changed: Nov 10 Last Checked: Nov 12 at 8:23AM

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 Coldwell Banker Commercial Realty

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Investment Insights

Based on property information with market context.

This four-property apartment portfolio contains 103 units in single-level, block-constructed buildings dating to the 1920s, 1930s, and 1960s. Most apartments are studios with wall air conditioning, kitchens equipped with refrigerators and stoves, and furnishings. Interior updates have been completed, and many vacant apartments are described as ready for occupancy. The properties also include three laundry facilities and two storage buildings; an office at Monterey serves the portfolio. Monthly leases are in place, and utilities are included in rent.

The properties are located along South 17th Avenue in west Downtown Phoenix, about a mile south of Jefferson Street. Downtown Phoenix, the State Capitol, and the I-10 and I-17 freeways are a short drive away. The four buildings occupy both sides of South 17th Avenue.

Current vacancy is reported at more than 40%. The source also notes that vacancy varies seasonally, with winter vacancy below 20%.

Key Highlights

  • Four apartment properties totaling 103 units
  • Mostly studio apartments with wall A/C, kitchen appliances, and furnishings
  • Single‑level block construction; buildings date to the 1920s, 1930s, and 1960s

Property Analytics

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Lease Details

103
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,072
Businesses Nearby

Demographics for 85007, AZ

14,442
Population
5,981
Households
2.4
Avg Household Size
36
Median Age
27%
College-Educated
81%
High-School Grad
4.6 sq mi
ZIP Area
3,140
Density / Sq Mi
$55,833
Median Household Income
$43,375
Median Earnings
$1,079
Median Rent
$447,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Apartment buildings in Phoenix

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Four single-level properties include furnished studio apartments, on-site laundry, and storage buildings.
Where is this apartment building located?
The property is located at 901 S 17th Avenue Phoenix, AZ.
What is the asking price?
The asking price for this property is $8,755,000.
What are key features of this property?
This property features: Four apartment properties totaling 103 units; Mostly studio apartments with wall A/C, kitchen appliances, and furnishings; Single‑level block construction; buildings date to the 1920s, 1930s, and 1960s
(602) 703-5277 Call to check price and availability
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