1412 N 35th Street, Phoenix, AZ 85008

$4,000,000
Property Type: Multiple Dwellings Bedrooms: 45 Baths: 390 Status: Active
Current Price: $4,000,000 Last Modified: 8/25/2026

Overview

Description

20% PRICE REDUCTION. Originally developed in 1960, the property's unit mix features a desirable blend of one studio (±4%) and spacious one-bedroom (±35%) and two-bedroom (±61%) floorplans covering an average of ±728 square feet. Future ownership will have the opportunity to implement an interior renovation program to upgrade the remaining classic units and capitalize on the associated interior renovation premium already proven in the immediate area.

Listing Details MLS# 7048772

Location, Tax & Legal

House Number
1412
Compass
N
Street Name
35th
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85008
Country
US
County Code
Maricopa
Assessor Number
121-03-023
Tax Year
2025

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
40,511
Year Built
1960
Uncvrd Parking Spcs
45
Total # of Units
28
# of Buildings
2
Zoning
R-4
Flood Zone
No
Elementary School District
Creighton Elementary District
High School District
Phoenix Union High School District

Legal Info

Lot Number
Ukn

Efficiency Units

# Efficiency Units
Yes
Avg Rent
899
Avg SqFt
500
# Baths
Yes

More Information

1 Bedroom Units

# 1 Bedroom Units
10
Avg Rent
1100
Avg SqFt
660
# Baths
10

2 Bedroom Units

# 2 Bedroom Units
17
Avg Rent
1182
Avg SqFt
781
# Baths
17

Structure

Bedrooms Total
45
Bathrooms Total
390

Income Expenses

Gross Annual Sch Inc
404337
Net Operating Income
255219

Showing Notification Methods

Showing Service
No Showing Service Used

Property Features

Project Type: 25 - 50 Units Construction: Block Const - Finish: Painted Roofing: Composition Floors: Ceramic Tile Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Desert Landscaping Appliances Included: Free-Standing Electric Oven; Refrigerator; Washer/Dryer Heating: Individual Cooling: Electric; Individual; Central Air Water Source: City Franchise; Master Meter Sewer: Sewer - Public Electric: SRP Gas: SW Gas Parking Features: >1 Space Per Unit Road Surface Type: Asphalt Owner Pays: Water; Gas; Trash Collection; Landscaping Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner Showing Notification Methods: Text; Email Lockbox Type: None New Financing: Conventional; No Carry; 1031 Exchange Environmental: None
IDX
Listing Office: Marcus & Millichap
Last Updated: August - 25 - 2026
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