Discover the charm of urban living in the heart of Roosevelt Row, one of downtown Phoenix's most vibrant and eclectic neighborhoods. This 24-unit apartment complex, featuring a mix of 1-bedroom/1-bath units and studio apartments, offers tenants the perfect combination of comfort and convenience. With a total rentable square footage of 8,788 SF, this property is just steps away from boutique restaurants, trendy bars, and unique shopping destinations. Each unit is individually metered for electricity, providing tenants with independent control over their utilities. The property also includes a community laundry room for added convenience. Currently, all units are occupied by an owner-user, and the owner may consider leasing back some units temporarily, depending on the terms. Please note that all numbers provided in the listing are proforma estimates. Located in the bustling Roosevelt Row area, this is a prime opportunity for investors seeking stable income and a property with excellent long-term potential. Please note: Drive-by only. Do not disturb tenants.
Property Details
Property Features
Property Information:
Year Built: 1954
Listing Office:
Office Name: Clear Commercial Advisors
Office Phone: (602) 428-0000
Listing Agent: Donald Peper
Interior Features
Interior Information:
Flooring Type: Ceramic Tile, Vinyl
Exterior Features
Parking Information:
Parking: Other (See Remarks)
Utilities
Utilities Information:
Heating: Other
Cooling: Other
Price Information
Listing Price Info
Price Summary:
List Price: $4,930,000
Tax Information:
Annual Amount: $10,896
Tax Year: 2019
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Asu Preparatory Academy- Phoenix Elementary School
735 E Fillmore St
Distance between this listing and this school0.73 miles
Public Charter Grades KG-4
8
/10
Vista College Preparatory
812 S 6th Ave
Distance between this listing and this school1.30 miles
Public Charter Grades KG-5
4
/10
Encanto Elementary School
1426 W Osborn Rd
Distance between this listing and this school2.29 miles
Public District Grades KG-3
Nearby Schools
4
/10
Kenilworth School
1210 N 5th Ave
Distance between this listing and this school0.42 miles
Public District Grades PK-8
3
/10
Asu Preparatory Academy - Phoenix Middle School
735 E Fillmore St
Distance between this listing and this school0.73 miles
Public Charter Grades 5-8
2
/10
Emerson School
915 E Palm Ln
Distance between this listing and this school1.13 miles
Public District Grades KG-8
Nearby Schools
2
/10
City View High School
649 N 6th Ave
Distance between this listing and this school0.32 miles
Public Charter Grades 9-12
10
/10
Phoenix Union Bioscience High School
512 E Pierce St
Distance between this listing and this school0.54 miles
Public District Grades 9-12
9
/10
Arizona School for the Arts
1410 N 3rd St
Distance between this listing and this school0.59 miles
The neighbors living near this home have an average income of $19,188. Typical income of Phoenix, AZ residents is less than $35k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 825 N 2nd Ave
What is the listing price of this property?
The listing price of 825 N 2nd Ave property is $4,930,000.
What type of property is this?
The property 825 N 2nd Ave is a house located in Phoenix, Arizona, 85003.
Is this property for sale now?
Active Listing: 825 N 2nd Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2019 is $10,896 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on November 21, 2014 for $1,500,000. (source: MLS/tax record).
Which year was this property built?
The year of construction for 825 N 2nd Ave is 1954.
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This home is located at 825 N 2nd Ave in Phoenix, AZ and zip code 85003 in the Central City neighborhood. This home was built in 1954. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $4,930,000.
In October 2024 more than 250 listings in Phoenix, AZ were sold above the asking price. During the same period more than 344 listings were sold at asking price, while more than 697 were sold below. The inventory of homes for sale in Phoenix, AZ between September 2024 and October 2024 increased by 7.5%. While the average time on the market in October 2024 was 62 days, the median list price was $450,977.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
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