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8-Unit Multifamily Property
For Sale
$830,000

945 W CORONA Avenue, Phoenix, AZ 85041

Residential complex with duplexes, houses, and separate studio spaces in the Central Phoenix area.

Property SizeContact for details
Days on Market10

Property Features for 945 W CORONA Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Property Condition

Severity Repairs Needed
Evidence Ready for remodeling

Additional Details

Multifamily Units 8

Taxes and HOA fees

Annual Taxes $2,024

Building Details

Year Built 1950
Listing Agency: At Home Real Estate Arizona
Listed By: Jorge Ayon
Source: Jcluxuryresidential
Added: Aug 24 Changed: Aug 31 Last Checked: Sep 2 at 12:49AM

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 At Home Real Estate Arizona

Investment Insights

Based on property information with market context.

This eight-unit multifamily property comprises three duplexes, three houses, and two separate studios. One house includes an attached studio, adding to the varied residential configuration. Built in 1950, the property is positioned for remodeling, with one home currently livable and another undergoing renovation.

The property is located near Central Phoenix at 945 W Corona Avenue. Its nearly one-acre lot brings together multiple residential structures in a single multifamily setting.

Key Highlights

  • Eight‑unit multifamily property on a nearly one‑acre lot
  • Three duplexes, three houses, and two separate studios
  • One house includes an attached studio

Property Analytics

Current Use

Arias A/C Heating ... HVAC Service

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Pharmacy Gym & Fitness Center Skin Care Clinic

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

285
Businesses Nearby

Demographics for 85041, AZ

64,639
Population
19,729
Households
3.3
Avg Household Size
31
Median Age
19%
College-Educated
76%
High-School Grad
16.0 sq mi
ZIP Area
4,040
Density / Sq Mi
$70,555
Median Household Income
$40,006
Median Earnings
$1,612
Median Rent
$310,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Multifamily property - Residential complex with duplexes, houses, and separate studio spaces in the Central Phoenix area.
Where is this multifamily property located?
The property is located at 945 W CORONA Avenue Phoenix, AZ.
What is the asking price?
The asking price for this property is $830,000.
What are key features of this property?
This property features: Eight‑unit multifamily property on a nearly one‑acre lot; Three duplexes, three houses, and two separate studios; One house includes an attached studio
More about this property
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