3810 N 9TH Place, Phoenix, AZ 85014

$475,000
Property Type: Multiple Dwellings Status: UCB (Under Contract-Backups)
Current Price: $475,000 Last Modified: 5/24/2026

Overview

Description

Income-producing property in central Phoenix featuring a 744 SF 2BR/1BA single-family home plus two attached 322 SF studio apartments, all on one parcel. Units are occupied, delivering steady in-place cash flow. Owner's financials reflect a 6.36% cap rate at the list price based on existing rents and expenses. Both studios include kitchenettes and share an attached laundry room. Situated on a 7,000 SF lot with R1-6 zoning and unassigned tenant parking. A rare opportunity to acquire a stabilized multi-unit configuration in a strong rental corridor near the VA Hospital, restaurants, and shopping. This is an owner/agent sale.

Listing Details MLS# 6957288

Location, Tax & Legal

House Number
3810
Compass
N
Street Name
9TH
St Suffix
Place
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85014
Zip4
5116
Country
US
County Code
Maricopa
Subdivision
STACY TRACT
Assessor Number
118-05-059-A
Tax Year
2025
Assessor's Map #
5
Legal Description (Abbrev)
STACY TRACT MCR 46/9 LOT 21 BLK 3 TOG WI E2 ABAND ALLEY ADJN W LN AS ABAND P/F 95-130414
Assessor's Parcel #
59
Assessor Parcel Ltr
A
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
110600
Taxes
772
Legal
STACY TRACT MCR 46/9 LOT 21 BLK 3 TOG WI E2 ABAND ALLEY ADJN W LN AS ABAND P/F 95-130414
Marketing Name
Unknown

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
7000 square feet
Year Built
1946
Uncvrd Parking Spcs
4
Total # of Units
3
# of Buildings
2
Zoning
R1-6
Elementary School District
Osborn Elementary District
High School District
Phoenix Union High School District

Remarks Misc

Cross Street
7th St and Indian School

Legal Info

Township
2N
Range
3E
Section
28
Lot Number
21

Income Expenses

Gross Annual Sch Inc
40320
Net Operating Income
30219

More Information

Showing Notification Methods

Showing Service
Aligned Showings

Efficiency Units

# Efficiency Units
2
Avg Rent
982
Avg SqFt
322
# Baths
Yes

2 Bedroom Units

# 2 Bedroom Units
Yes
Avg Rent
1395
Avg SqFt
744
# Baths
Yes

Project Type

Tri-Plex
Yes

Construction

Wood Frame
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Composition
Yes

Floors

Tile
Yes

Sale Includes

Land & Building
Yes
Personal Property
Yes
Laundry Equipment
Yes

Income & Expenses

Annual Elec Exp
3677
Annual Ins Exp
1293
Annual Mgmt Exp
2705
Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
8447
Other Income
0
Vacancy Allowance
0.04
Adjusted Gross Inc
38707.2
Total Monthly Rental Income
3360

Pmt & Rate Info

Cap Rate
6.36
Equity
475000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Electric
Yes

Cooling

Ceiling Fan(s)
Yes
Electric
Yes
Other
Yes

Tenant Pays

Other (See Remarks)
Yes

Appliances Included

Built-In Range
Yes
Washer/Dryer
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes

Water Source

Other
Yes

Sewer

Sewer - Public
Yes

Parking Features

Other
Yes

Electric

APS
Yes

Gas

SW Gas
Yes

Owner Pays

Water
Yes
Sewer
Yes
Electric
Yes
Trash Collection
Yes

New Financing

Cash
Yes
Conventional
Yes

Special

Owner/Agent
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

1 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Tri-Plex Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Composition Floors: Tile Sale Includes: Land & Building; Personal Property; Laundry Equipment Community Features: No Pool Appliances Included: Built-In Range; Washer/Dryer Cooling: Ceiling Fan(s); Electric; Other Water Source: Other Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: Other Road Surface Type: Asphalt Owner Pays: Water; Electric; Trash Collection Tenant Pays: Other (See Remarks) Source of Fincl Data: Owner Special: Owner/Agent Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable New Financing: Cash; Conventional Environmental: None
IDX
Listing Office: Realty ONE Group
Last Updated: May - 24 - 2026
Broker Attribution: 602.463.1730

Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.