$640,000
Phoenix, AZ 85020
MLS# 7026073
1 / 21
Property Description
Great opportunity to own a 4-unit multifamily property near the SR-51 Freeway and North Mountain/Squaw Peak area. The front house is a remodeled 2 bedroom, 1 bath home featuring luxury vinyl plank flooring, updated cabinets, countertops, appliances, gas stove, above-range microwave, HVAC, washer/dryer hookups, covered parking, and private yard. The property also includes three rear units: two 1-bedroom units and one studio. All the units including the house are fully occupied. Conveniently located near shopping, dining, and freeway access.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $640,000
List Price: $640,000
Status: Active
List Date: 2026-05-08
Location, Tax & Legal
Assessor's Map #: 35
Legal Description (Abbrev): LOT 29 ANNACORTES MCR 002931
Assessor's Parcel #: 33
Assessor Parcel Ltr: A
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 104702
Taxes: 1188
Legal: LOT 29 ANNACORTES MCR 002931
Marketing Name: 9208 N 10th
House Number: 9208
Compass: N
Street Name: 10TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85020
Zip4: 2647
Country: US
County Code: Maricopa
Subdivision: ANNACORTES
Assessor Number: 159-35-033-A
Tax Year: 2025
General Property Description
# of Buildings: 3
Uncvrd Parking Spcs: 5
Lot Size Dimensions: 9634
Flood Zone: No
Total # of Units: 4
High School District: Glendale Union High School District
High School: Sunnyslope High School
Year Built: 1983
Zoning: Residential
Legal Info
Range: 3E
Section: 28
Township: 3N
Lot Number: 29
Project Type
Four Plex: 1
Other Type
House + Rental Units: 1
Construction
Block: 1
Brick: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Tile: 1
Vinyl: 1
Ceramic Tile: 1
Carpet: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 1650
Annual Gas Exp: 890.59
Annual Ins Exp: 2908
Annual Land Lse Exp: 0
Annual Landscape Exp: 1200
Annual Legal & Acctg: 0
Annual Mgmt Exp: 1373
Annual Trash Exp: 1617
Annual Wtr/Swr Exp: 2331
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Operating Exp: 13157.59
Other Income: 3000
Vacancy Allowance: 0
Adjusted Gross Inc: 57940
Total Monthly Rental Income: 4845
Pmt & Rate Info
Cap Rate: 7
Equity: 640000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Phone Call: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Natural Gas: 1
Cooling
Evaporative Cooling: 1
Central Air: 1
Exterior Amenities
Desert Landscaping: 1
Fenced: 1
Interior Features
Unfurnished: 1
Fire/Smoke Alarm(s): 1
Mini Blinds: 1
Tenant Pays
Electricity: 1
Appliances Included
Free-Standing Gas Oven: 1
Refrigerator: 1
W/D Hookup: 1
Road Access Type
City Street: 1
Road Surface Type
Gravel: 1
Source of Fincl Data
Owner: 1
Road Responsibility
City Maintained Road: 1
Water Source
City Franchise: 1
Master Meter: 1
Sewer
Sewer - Public: 1
Parking Features
Attached Carport: 1
Electric
APS: 1
Master Meter: 1
Individual Meter: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Gas: 1
Trash Collection: 1
New Financing
Cash: 1
Conventional: 1
No Carry: 1
Special
Owner/Agent: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 2nd Loan Type
Not Applicable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Efficiency Units
# Efficiency Units: 1
Avg Rent: 975
Avg SqFt: 350
# Baths: 1
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 1050
Avg SqFt: 515
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 1595
Avg SqFt: 1050
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: 7th and Dunlap
Directions: From the intersection of 7th Street & Dunlap Avenue in Phoenix to 9208 N 10th St:
Head north on N 7th Street
Turn left (west) onto E Carol Avenue
Turn right (north) onto N 10th Street
The property will be on your left near the end of the block.
Geo Lat: 33.569842
Geo Lon: -112.060779
Income Expenses
Gross Annual Sch Inc: 54940
Net Operating Income: 44805
Property Features
Project Type: Four Plex
Other Type: House + Rental Units
Construction: Block; Brick
Const - Finish: Painted
Roofing: Composition
Floors: Tile; Vinyl; Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Desert Landscaping; Fenced
Interior Features: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds
Appliances Included: Free-Standing Gas Oven; Refrigerator; W/D Hookup
Heating: Natural Gas
Cooling: Evaporative Cooling; Central Air
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: APS; Master Meter; Individual Meter
Gas: SW Gas
Parking Features: Attached Carport
Road Access Type: City Street
Road Surface Type: Gravel
Road Responsibility: City Maintained Road
Owner Pays: Water; Gas; Trash Collection
Tenant Pays: Electricity
Source of Fincl Data: Owner
Special: Owner/Agent
Showing Notification Methods: Phone Call
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 2nd Loan Type: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Cash; Conventional; No Carry
Environmental: None
Listing Office: CR Property Services, Inc
Last Updated: May - 09 - 2026
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