410 W Hadley Street, Phoenix, AZ 85003 (MLS# 7005611)

410 W Hadley Street, Phoenix, AZ 85003

$889,900

Property Type: Multiple Dwellings Status: Active

Current Price: $889,900 Last Modified: 3/28/2026

Overview

Description

Appraisal in at $910,000. Market rents are $1,995 per month with $45 per month in RUBS or $73,440 per year gross. Tenants pay electric. Certificate of Occupancy in progress. Located in an Opportunity Zone, this new development in Downtown Phoenix featuring 3 units at 1,139 SF each, 3,417 SF total, with 2 bedroom, 2 bathrooms, and 3 garages. The exterior finish includes synthetic stucco, balconies, covered porches, each unit has a single car garage, and the electric is individually metered. The interior features stainless steel GE appliances, washer/dryer included, quartz counters, shaker cabinets with gold hardware, LVP and tile throughout, energy efficient windows, and LED lighting. This property is located just South of Chase Field with $10,000 in landscaping just installed.

Listing Details MLS# 7005611

Location, Tax & Legal

House Number: 410
Compass: W
Street Name: Hadley
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85003
Zip4: 2519
County Code: Maricopa
Subdivision: MONTGOMERY ADD BLKS 23-26 31-34 39-42 47-50
Assessor Number: 112-17-019
Tax Year: 2025
Assessor's Map #: 17
Legal Description (Abbrev): MONTGOMERY LOTS 13 & 14 BLK 24
Assessor's Parcel #: 19
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 114200
Taxes: 758
Legal: MONTGOMERY LOTS 13 & 14 BLK 24
Marketing Name: New Construction

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 129 x 50
Year Built: 2026
Uncvrd Parking Spcs: 4
Total # of Units: 3
# of Buildings: Yes
Zoning: R-4
Flood Zone: No
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Lowell Elementary School
Jr. High School: Lowell Elementary School
High School: Central High School

Remarks Misc

Cross Street: Lincoln and Central
Directions: From I-10 and Central/7th Street, North on Central, West on Buckeye, North on S 4th Avenue to corner of Hadley and 4th Avenue.

Legal Info

Township: 1N
Range: 3E
Section: 8
Lot Number: 13

Income Expenses

Gross Annual Sch Inc: 71820
Net Operating Income: 67282

More Information

Showing Notification Methods

Showing Service: Aligned Showings
Text: Yes
Email: Yes
Phone Call: Yes

2 Bedroom Units

# 2 Bedroom Units: 3
Avg Rent: 1995
Avg SqFt: 1139
# Baths: 2

Project Type

Duplex: Yes
Tri-Plex: Yes
Four Plex: Yes

Other Type

House + Rental Units: Yes

Construction

Wood Frame: Yes

Const - Finish

Stucco: Yes

Roofing

Composition: Yes

Floors

Vinyl: Yes

Sale Includes

Land & Building: Yes
Laundry Equipment: Yes

Income & Expenses

Annual Ins Exp: 1800
Annual Wtr/Swr Exp: 3600
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 6158
Other Income: 1620
Vacancy Allowance: 0
Adjusted Gross Inc: 73440
Total Monthly Rental Income: 5985

Pmt & Rate Info

Cap Rate: 7.56
Equity: 889900
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Lockbox Type

Supra: Yes

Community Features

No Pool: Yes

Heating

Forced Air: Yes
Heat Pump: Yes
Electric: Yes
Individual: Yes
Central: Yes
2 or More Units: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes
Heat Pump: Yes
Individual: Yes
2 or More Units: Yes

Exterior Amenities

Landscape Water System: Yes
Desert Landscaping: Yes
Fenced: Yes
Sidewalk(s): Yes
Patio/Balcony: Yes
Security Light(s): Yes

Interior Features

Unfurnished: Yes
Fire/Smoke Alarm(s): Yes
Fire Sprinklers: Yes
Mini Blinds: Yes

Tenant Pays

Electricity: Yes

Appliances Included

Dishwasher: Yes
Disposal: Yes
Free-Standing Electric Oven: Yes
Microwave: Yes
Refrigerator: Yes
Washer/Dryer: Yes
W/D Hookup: Yes

Road Access Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Projected Proforma: Yes

Road Responsibility

City Maintained Road: Yes

Water Source

City Franchise: Yes
Master Meter: Yes

Sewer

Sewer - Public: Yes

Parking Features

Garage: Yes
<1 Space Per Unit: Yes
>1 Space Per Unit: Yes
Garage Door Opener: Yes
Add'l Parking Avail: Yes
Assigned: Yes
Attached Garage: Yes
Off Street: Yes

Electric

APS: Yes
Submetered System: Yes
Individual Meter: Yes

Gas

None: Yes

Owner Pays

Water: Yes
Sewer: Yes
Trash Collection: Yes

New Financing

Cash: Yes
VA: Yes
Conventional: Yes
FHA: Yes
1031 Exchange: Yes

Special

Owner/Agent: Yes

Existing 1st Loan

Conventional: Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes
Appraisal: Yes
Boundary Survey Avlb: Yes
ALTA Survey Availbl: Yes
Development Plan Avl: Yes
None: Yes

Environmental

None: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: Duplex; Tri-Plex; Four Plex Other Type: House + Rental Units Construction: Wood Frame Const - Finish: Stucco Roofing: Composition Floors: Vinyl Sale Includes: Land & Building; Laundry Equipment Community Features: No Pool Exterior Amenities: Landscape Water System; Desert Landscaping; Fenced; Sidewalk(s); Patio/Balcony; Security Light(s) Interior Features: Unfurnished; Fire/Smoke Alarm(s); Fire Sprinklers; Mini Blinds Appliances Included: Free-Standing Electric Oven; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup Heating: Forced Air; Individual; Central; Heat Pump; 2 or More Units Cooling: Ceiling Fan(s); Electric; Heat Pump; Individual; Central Air; 2 or More Units Water Source: City Franchise; Master Meter Sewer: Sewer - Public Electric: APS; Submetered System; Individual Meter Gas: None Parking Features: Garage; <1 Space Per Unit; >1 Space Per Unit; Garage Door Opener; Add'l Parking Avail; Assigned; Attached Garage; 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: Projected Proforma Special: Owner/Agent Showing Notification Methods: Text; Email; Phone Call Lockbox Type: Supra Existing 1st Loan: Conventional New Financing: Cash; VA; FHA; Conventional; 1031 Exchange Environmental: None

Listing Office: Grayson Real Estate

Last Updated: March - 28 - 2026