1008 N 27TH Street, Phoenix, AZ 85008 (MLS# 6957758)

1008 N 27TH Street, Phoenix, AZ 85008

$420,000

Property Type: Multiple Dwellings Status: Closed

Current Price: $420,000 Last Modified: 4/05/2026

Overview

Description

This rare property is perfect for residential or investor buyers. Just minutes from Sky Harbor Airport, The MMC-Phoenix Suns Arena, Chase Field, the Celebrity Theater, Phoenix Children's Hospital, Phoenix Convention Center, Downtown Phoenix, across the street from Valleywise Hospital, a perfect place to live or invest. The main house is a 2-br, 1-bath with a separate dining area and a fireplace, wood floors, and a basement. The guest house is a 1-br, 1-bath. This property is zoned R5 which allows up to 12-units on it. This is one of only a few in the area that boasts nearly a half acre lot. Note, the owners have never lived on the property, there is no SPD. The listing Agent is related to the sellers.

Listing Details MLS# 6957758

Location, Tax & Legal

House Number: 1008
Compass: N
Street Name: 27TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Zip4: 4925
County Code: Maricopa
Subdivision: DEL REY LOTS 101-140
Assessor Number: 121-76-107
Tax Year: 2025
Assessor's Map #: 76
Legal Description (Abbrev): DEL REY LOT 140 N2
Assessor's Parcel #: 107
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 113501
Taxes: 1759
Legal: DEL REY LOT 140 N2
Marketing Name: Del Rey

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: .416 acers
Year Built: 1930
Uncvrd Parking Spcs: 5
Total # of Units: 2
# of Buildings: 2
Zoning: R5
Flood Zone: No
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District

Remarks Misc

Cross Street: 24th St & Roosevelt St
Directions: South from the 202 on 24th St to Roosevelt St. Then East on Roosevelt St to 27th St. Then left on 27th St, property on left.

Status Change Info

Off Market Date: 2026-03-25
Under Contract Date: 2026-03-25
Close of Escrow Date: 2026-04-04

Legal Info

Township: 1N
Range: 3E
Section: 2
Lot Number: 140

More Information

Income Expenses

Gross Annual Sch Inc: 12000
Net Operating Income: 12000

Showing Notification Methods

Showing Service: Aligned Showings
No Notification Required to Show: Yes

Efficiency Units

# Efficiency Units: Yes
Avg Rent: 750
Avg SqFt: 500
# Baths: Yes

1 Bedroom Units

# 1 Bedroom Units: Yes
Avg Rent: 1000
Avg SqFt: 600
# Baths: Yes

2 Bedroom Units

# 2 Bedroom Units: Yes
Avg Rent: 1500
Avg SqFt: 1000
# Baths: Yes

3 Bedrooms Units

# 3 Bedroom Units: Yes
Avg Rent: 1000
Avg SqFt: 600
# Baths: Yes

Sold Info

Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Seller Paid - S
Buyer Concession $/%: $
Seller Concession $/%: $
Buyer Concession to Seller: 0
Seller Concession to Buyer: 0

Project Type

Duplex: Yes

Other Type

House + Rental Units: Yes

Construction

Wood Frame: Yes
Brick: Yes

Const - Finish

Painted: Yes
Stucco: Yes
Stone: Yes

Roofing

Composition: Yes

Floors

Laminate: Yes
Wood: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1759
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 11400

Pmt & Rate Info

Cap Rate: 2.67
Equity: 450000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Lockbox Type

Supra: Yes

Community Features

No Pool: Yes

Heating

Central: Yes
Window/Wall Unit(s): Yes

Cooling

Central Air: Yes
Window/Wall Unit: Yes

Tenant Pays

Electricity: Yes

Appliances Included

Refrigerator: Yes
W/D Hookup: Yes

Road Access Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes

Road Responsibility

City Maintained Road: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

RV Access/Parking: Yes
Off Street: Yes

Electric

APS: Yes

Gas

SW Gas: Yes

Owner Pays

Water: Yes
Trash Collection: Yes

New Financing

Cash: Yes
VA: Yes
Conventional: Yes
FHA: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Existing 1st Loan Type

Not Applicable: Yes

Existing 1st Loan Terms

Not Applicable: Yes

Existing 2nd Loan Type

Not Applicable: Yes

Existing 2nd Loan Terms

Not Applicable: Yes

Existing 3rd Loan Type

Not Applicable: Yes

Reports/Disclosures

None: Yes

Existing 3rd Loan Terms

Not Applicable: Yes

Environmental

None: Yes

Existing Othr Ln Trm

Not Applicable: Yes

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: Duplex Other Type: House + Rental Units Construction: Wood Frame; Brick Const - Finish: Painted; Stucco; Stone Roofing: Composition Floors: Laminate; Wood Sale Includes: Land & Building Community Features: No Pool Appliances Included: Refrigerator; W/D Hookup Heating: Central; Window/Wall Unit(s) Cooling: Window/Wall Unit; Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: RV Access/Parking; Off Street Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Water; Trash Collection Tenant Pays: Electricity Source of Fincl Data: Owner Showing Notification Methods: No Notification Required to Show Lockbox Type: Supra Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Cash; VA; FHA; Conventional Environmental: None

Listing Office: Avenue Home Realty

Last Updated: April - 05 - 2026