2600 State Ave Phoenix, AZ 85051
- Apartment buildings
- 6,120 SF
Current Use by Public Records
- Apartment buildings
Property Details for 2600 State Ave
- Year built
- 2024
- Property size
- 6,120 SF
- Property type
- Apartment buildings
Description
This exceptional investment opportunity presents a brand-new, six-unit apartment building in Phoenix, Arizona. Completed in September 2024, this Class B multifamily property boasts a total of 6,120 square feet of net rentable space, spread across three separate buildings. Each building houses two units and sits on its own parcel, offering the potential for future subdivision into three distinct ownership parcels. The property is zoned R-3. All six units feature three bedrooms and two bathrooms, each approximately 2,040 square feet. High-quality finishes include inside laundry, stainless steel appliances, and quartz countertops. The asking price is $2,250,000, translating to $367.65 per square foot and $375,000 per unit. Each unit comes with two parking spaces. This owner-user investment is ideal for those seeking immediate rental income or a diversified portfolio. The property's new construction status ensures minimal maintenance and long-term value appreciation. This is a turnkey opportunity ready for immediate occupancy.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.115
- Latitude
- 33.5446
