1001 N 9TH Street

Phoenix, AZ 85006

Phoenix, AZ 85006

1001 N 9TH Street

$1,285,000

MLS#: 7031957

Status: Active

Listing provided by: Keller Williams Realty Sonoran Living

Listing agent phone: None

Last update: 6 days ago

On site: 2 months ago

BRILLS ADDITION AMD - Residential Income

About

Seller Financing available!! 6.55 Cap Rate!!! Located in the heart of central Phoenix, an outstanding multifamily investment opportunity featuring eight well-positioned studio apartment units in one of the city's most rapidly evolving urban neighborhoods. This charming eightplex offers a strong blend of steady rental demand, functional unit layouts, and prime proximity to downtown Phoenix amenities. Each studio apartment is thoughtfully designed to maximize efficiency and comfort, appealing to tenants seeking affordable urban living with convenient access to employment centers, close to Highway, dining, entertainment, public transit. The property's classic character and practical configuration make it an attractive asset for both seasoned investors and owner-operators

Property

Beds

8

Full Baths

None

1/2 Baths

None

Year Built

1984

Sq.Footage

N/A

Features

Features & Amenities

Interior

  • Total Bedrooms

    8

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric, Heat Pump

  • Heating YN

    YES

  • Heating

    Heat Pump

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stucco

  • Pool

    No

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $1,285,000

  • Tax Amount

    $1,843

  • Financing Options

    Conventional

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Phoenix Elementary District

  • Middle School

    Garfield School

  • High School

    North High School

Property Features

  • Ownership

    Fee Simple

  • Sewer

    Public Sewer

  • Tax Lot

    1

  • Water Source

    Public

Schedule

Schedule a Showing

Showing scheduled successfully.

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

  • County

    Maricopa

  • Elementary School

    Phoenix Elementary District

  • Middle School

    Garfield School

  • High School

    North High School

Listing Courtesy of Jason Hamann , Keller Williams Realty Sonoran Living

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Kelly Hammer

Kelly Hammer

Associate Broker / RealtorĀ®

Call Kelly today to schedule a private showing.


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.Ā© 2024 FMLS.

Properties

Related properties

1144 E Yuma St is a 14-unit multifamily property in Phoenix's Central City South neighborhood, built in 1942 and positioned as a value-add opportunity with substantial lease-up potential due to its current low occupancy. The unit mix of studios, one-bedroom units, and a single two-bedroom unit is well suited to the area's workforce renter base, and the property benefits from individually metered utilities. Its location near Downtown Phoenix, Sky Harbor Airport, major freeways, light rail access, and ongoing transit-oriented development supports its appeal to tenants seeking convenience and access to major employment centers.
#7048694

Phoenix

1144 E YUMA Street E 1-14

15 Beds

None Baths

N/A

$1,395,000

MLS#: 7048694

100% OCCUPIED + FULLY UPDATED ELECTRICAL & WIRING. Fully renovated 10-unit multifamily asset in the highly desirable Uptown Phoenix submarket. The property features a compelling unit mix across two contiguous parcels and benefits from approximately $355,000 of capital improvements completed over the last 1.5 years. With strong leasing momentum, stabilized operations, and market rent upside, this property is well-positioned for both yield-focused and appreciation-driven investors.
#6951020

Phoenix

8910-8912 N 3rd Street

None Beds

None Baths

N/A

$1,500,000

MLS#: 6951020

9 unit multifamily investment opportunity in Phoenix, AZ. Built in 1946, the property spans two contiguous parcels (2916 and 2920 E. Monroe Street) and features a diverse mix mix: (3) studios, (3) one-bedrooms, (2) two-bedrooms, and (1) large three-bedroom unit over 1,000 SF. The asset offers a cap rate of 7.79% on current financials resulting in stable cash flow with upside potential. Current ownership has already completed a full sewer line replacement, mitigating a major capital expense. Strategically located, the property provides convenient access to Downtown Phoenix, Phoenix Sky Harbor International Airport, and major transportation corridors (Loop 202 and I-10), ensuring strong long-term tenant demand and investment stability.
#6990042

Phoenix

2916 E MONROE Street

None Beds

None Baths

N/A

$1,040,000

MLS#: 6990042

Central Phoenix 4 Unit Property Near Melrose & Light Rail
Located at 3630 N. 15th Ave, this well situated 4-plex places residents in the center of everything Phoenix has to offer. Minutes from Uptown dining, shopping, entertainment, and transit, the property attracts renters seeking convenience and urban living. Each unit offers comfortable living spaces, on site parking, and easy access to I-17 and downtown.
A rare opportunity to own a multi unit property in a high demand rental corridor with strong long term appreciation.
#6992526

Phoenix

3630 N 15TH Avenue

None Beds

None Baths

N/A

$1,100,000

MLS#: 6992526

1018 & 1022 North 22nd Place is an 8-unit, garden-style apartment community built in 1986, featuring a desirable unit mix of 100% two-bedroom, one-bathroom apartments. The property is comprised of two individually parceled fourplexes, offering flexibility for financing or future disposition strategies. Each unit is separately metered for electricity and includes ample on-site parking. Ideally located just minutes from Downtown Phoenix, Sky Harbor International Airport, and major freeway access, the asset provides a clear value-add opportunity through interior and exterior upgrades and presents strong upside potential.
#6981950

Phoenix

1018 N 22ND Place

None Beds

None Baths

N/A

$1,100,000

MLS#: 6981950

Price reduced
Discover a prime investment opportunity in strong central Phoenix with this fully occupied 8-unit multifamily complex generating consistent cash flow from day one. This exceptional property comprises three spacious 1-bedroom, 1-bathroom units and five efficient studio units, perfectly positioned to capitalize on the area's high demand for affordable rentals where vacancies remain rare. Each unit features its own electrical sub-panel for independent metering and billing. While all three 1-bedroom units boast in-unit washer/dryers for premium tenant appeal, and studios share a convenient on-site laundry facility. The property is fully fenced with one dedicated parking spot per unit, creating a secure and organized community. Major systems including plumbing, electrical, and HVAC were professionally upgraded in 2021, ensuring reliability and minimal maintenance concerns for years to come. The property is well-maintained with regular upkeep including fresh paint and timely repairs. With its R-5 zoning allowing for maximum density in multifamily development, this property presents significant future redevelopment possibilities for investors seeking long-term upside potential. Located strategically near Downtown Phoenix, the Central Avenue light rail extension, and with easy access to I-10 and I-17, residents enjoy quick commutes to key employment corridors and major transit routes. Beyond the stable current income, this is a true value-add opportunity--the large lot provides room for expansion, and there's strong potential to increase returns by replacing flooring and installing washer/dryers in the remaining studio units, or utilizing the huge courtyard for income-producing amenities like vending machines. This combines built-in stability with substantial upside for an investor ready to maximize returns. DRIVE-BY ONLY; please do not disturb tenants. Walkthroughs available only with accepted offers. Buyer to verify all information.
#7025359

Phoenix

909 S 35TH Avenue

None Beds

None Baths

N/A

$1,109,999

MLS#: 7025359

Excellent Central Phoenix investment opportunity! Updated 5-unit multifamily property featuring spacious 2BD/1BA units. Units offer updated kitchens, bathrooms, flooring and appliances. Property includes covered parking, private outdoor areas and low-maintenance landscaping. Additional value-add opportunity with existing bonus space that could potentially be converted into an on-site laundry facility, creating an additional revenue stream while providing a desirable tenant amenity and supporting future rent growth. Alternatively, the space could be utilized as tenant storage for additional monthly rental income. Convenient Central Phoenix location near 15th Ave & Indian School Rd with easy access to Downtown Phoenix, freeways, shopping, dining and public transportation.
#7063520

Phoenix

4012 N 15TH Avenue

10 Beds

None Baths

N/A

$1,185,000

MLS#: 7063520

Price reduced
This 7-unit property boasts a fully renovated interior and in-unit washers and dryers in every residence, delivering a truly turn-key investment in the heart of North Phoenix. Situated in the established North Mountain submarket, the area continues to benefit from sustained population growth and strong demand for quality rental housing. With a uniform 2-bedroom/1-bathroom unit mix, 100% occupancy, and a proven history of long-term tenancy, this property stands out as an exceptional stabilized investment already generating consistent cash flow.
#7010684

Phoenix

2015 E EUGIE Terrace

None Beds

None Baths

N/A

$1,275,000

MLS#: 7010684

East Taylor is a 10-unit, garden-style multifamily community located in the urban core of Phoenix. Built in 1943, the property consists entirely of one-bedroom/one-bath units with durable tile or vinyl flooring and has benefited from ongoing capital improvements. The asset offers clear value-add potential through interior modernization, addition of private yard spaces, and covered parking to support rent growth. Amenities include gated access, on-site laundry, and off-street parking. Positioned near Phoenix Sky Harbor International Airport, Valley Metro Rail, and Valleywise Health Medical Center, the property benefits from strong workforce housing demand. Located within a designated Opportunity Zone, it presents both income growth and long-term tax advantages.
#6989939

Phoenix

2238 E TAYLOR Street

None Beds

None Baths

N/A

$1,385,000

MLS#: 6989939

Turnkey investment opportunity with ALL units FULLY OCCUPIED! featuring a fully remodeled multi-building INCOME property with modern finishes throughout.  Gated entry with remote access, plus ample parking with both covered and uncovered spaces. Well-maintained and ready for continued cash flow. Building One includes three apartments: one 2 bed/2 bath and two 1 bed/1 bath units, all with kitchens and W/D hookups. Buildings Two and Three offer four identical 1 bed/1 bath units with living rooms, kitchens, W/D hookups, and private back patioS! The property also includes two newer mobile homes with primary bedrooms, en-suite baths, and W/D hookups.
#6972367

Phoenix

4028 S 15TH Street

None Beds

None Baths

N/A

$1,230,000

MLS#: 6972367

Seller Financing available!! 6.55 Cap Rate!!!  Located in the heart of central Phoenix, an outstanding multifamily investment opportunity featuring eight well-positioned studio apartment units in one of the city's most rapidly evolving urban neighborhoods. This charming eightplex offers a strong blend of steady rental demand, functional unit layouts, and prime proximity to downtown Phoenix amenities.
Each studio apartment is thoughtfully designed to maximize efficiency and comfort, appealing to tenants seeking affordable urban living with convenient access to employment centers, close to Highway, dining, entertainment, public transit. The property's classic character and practical configuration make it an attractive asset for both seasoned investors and owner-operators

1001 N 9TH Street

Message successfully sent.

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by The Mandy Gold Team | Haymore Real Estate LLC via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

 - property

Send a message

Message successfully sent.

Reason for contacting?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by The Mandy Gold Team | Haymore Real Estate LLC via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Sign In Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

I agree to receive communications and understand I can unsubscribe at any time.

I agree to be contacted by The Mandy Gold Team | Haymore Real Estate LLC via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.