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24-Unit Garden-Style Apartments
For Sale
$3,200,000

Ofc-510 E Hatcher Rd, Phoenix, AZ 85021

Updated apartment homes and community laundry complement a three-story garden-style layout in Phoenix’s Sunnyslope area.

Property SizeContact for details
Days on Market10

Property Features for Ofc-510 E Hatcher Rd

General Information

Standard status Active
Property subtype Residential Income

Site & Location

Highway Access Yes
Utilities to Site Yes

Units

Unit Mix 12 x 1BR/1BA, 12 x 2BR/1BA
Multifamily Units 24

Taxes and HOA fees

Annual Taxes $7,995

Amenities

gated
community laundry room

Building Details

Year Built 1985
Year Renovated 2022
Stories 3
Construction garden-style
Listing Agency: ABI Multifamily
Listed By: Dallin J Hammond · License #SA677560000
Source: Exprealty
Added: Sep 29 Changed: Oct 7 Last Checked: Oct 7 at 2:02PM

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 ABI Multifamily

Investment Insights

Based on property information with market context.

Hatcher Heights is a three-story, garden-style apartment community with 24 residences. The 1985-built property underwent renovation in 2022, including updates to every apartment and a full refresh of the shared laundry room. Recent work also includes a permitted entry gate, parking lot, block wall, windows, plumbing, and drain lines. The unit mix is evenly divided between one-bedroom, one-bathroom and two-bedroom, one-bathroom apartments, averaging 599 square feet. Electricity is individually metered; two apartments have in-suite washer and dryers, and panels are installed for potential additions in the other units.

The community is in Phoenix’s Sunnyslope area, opposite HonorHealth John C. Lincoln Medical Center. Sunnyslope High School and the Arizona Canal Trail are within walking distance. I-17, SR-51, and North Mountain are also nearby.

Key Highlights

  • 24 apartments averaging 599 SF each
  • Balanced mix: 12 one‑bed/one‑bath and 12 two‑bed/one‑bath units
  • Built in 1985; renovated in 2022

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

24
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,778
Businesses Nearby

Demographics for 85021, AZ

40,943
Population
18,136
Households
2.3
Avg Household Size
35
Median Age
33%
College-Educated
87%
High-School Grad
6.9 sq mi
ZIP Area
5,934
Density / Sq Mi
$58,481
Median Household Income
$38,147
Median Earnings
$1,221
Median Rent
$433,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - Updated apartment homes and community laundry complement a three-story garden-style layout in Phoenix’s Sunnyslope area.
Where is this apartment building located?
The property is located at Ofc-510 E Hatcher Rd Phoenix, AZ.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: 24 apartments averaging 599 SF each; Balanced mix: 12 one‑bed/one‑bath and 12 two‑bed/one‑bath units; Built in 1985; renovated in 2022
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