1801 N 25th Place, Phoenix, AZ 85008

$1,300,000

Property Type: Multiple Dwellings Bedrooms: 12 Baths: 29 Status: Active

Current Price: $1,300,000 Last Modified: 8/28/2026

Overview

Description

RARE 7-UNIT INVESTMENT OPPORTUNITY in a fantastic central Phoenix location! What truly sets this property apart is its unique configuration--7 total units spread across SIX SEPARATE BUILDINGS, consisting of five detached residences plus one duplex. The unit mix includes five 2-bedroom/1-bath units and two 1-bedroom/1-bath units, providing an attractive and versatile rental mix. Situated on an oversized 20,000+ sq. ft. lot, the property offers private outdoor areas, covered parking and the feel of individual residences rather than a traditional apartment complex. Ideally located between Downtown Phoenix and Sky Harbor International Airport with convenient access to major freeways, employment, shopping, dining and entertainment. A unique opportunity to acquire a well-located Phoenix multifam

Listing Details MLS# 7072442

Location, Tax & Legal

House Number: 1801
Compass: N
Street Name: 25th
St Suffix: Place
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Country: US
County Code: Maricopa
Subdivision: SUNSET ACRES
Assessor Number: 120-29-048-A
Tax Year: 2025
Assessor's Map #: 29
Assessor's Parcel #: 48
Assessor Parcel Ltr: A
Add'l Parcels: No
Tax Municipality: Maricopa - COUNTY
Taxes: 2251
Legal: SUNSET AC W 225' OF S2 LOT 27 EX W 20'
Marketing Name: 7plex in great area

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 20393
Year Built: 1958
Uncvrd Parking Spcs: 2
Total # of Units: 7
# of Buildings: 6
Zoning: R-3
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District

Remarks Misc

Cross Street: N 24th St & E Mcdowell Rd
Directions: 7-unit multifamily property, 100% occupied, private yards, covered parking, fully air conditioned, updated improvements

Legal Info

Lot Number: 27

1 Bedroom Units

# 1 Bedroom Units: 2
Avg Rent: 1150
Avg SqFt: 675
# Baths: 2

More Information

2 Bedroom Units

# 2 Bedroom Units: 5
Avg Rent: 1470
Avg SqFt: 840
# Baths: 5

Structure

Bedrooms Total: 12
Bathrooms Total: 29

Income Expenses

Gross Annual Sch Inc: 114000
Net Operating Income: 88809

Showing Notification Methods

Showing Service: Aligned Showings
Text: Yes

Project Type

5 - 12 Units: Yes

Efficiency Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Construction

Block: Yes

Const - Finish

Painted: Yes
Stucco: Yes

Roofing

Composition: Yes

Floors

Vinyl: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Annual Elec Exp: 8688
Annual Ins Exp: 4625.24
Annual Landscape Exp: 1400
Annual Maint Exp: 4375
Annual Mgmt Exp: 5345
Annual Wtr/Swr Exp: 4850
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual Other Expense: 875
Operating Exp: 32409.24
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 108300

Pmt & Rate Info

Cap Rate: 6.83
Equity: 1300000
Down Payment %: 30
Monthly Payments: 0
Total Owed: 0

Lockbox Type

None: Yes

Community Features

No Pool: Yes

Heating

Electric: Yes
Individual: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Individual: Yes

Exterior Amenities

Desert Landscaping: Yes

Interior Features

Fire/Smoke Alarm(s): Yes

Tenant Pays

Electricity: Yes

Appliances Included

Dishwasher: Yes
Microwave: Yes
Refrigerator: Yes
Free-Standing Range: Yes
Washer/Dryer: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes
Projected Proforma: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

Carport: Yes
On Street: Yes
1 Space/Unit: Yes

Electric

SRP: Yes

Gas

SW Gas: Yes

Owner Pays

Water: Yes
Sewer: Yes
Trash Collection: Yes
Landscaping: Yes

New Financing

Cash: Yes
Conventional: Yes
1031 Exchange: Yes

Special

Owner/Agent: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

Property Features

Project Type: 5 - 12 Units Construction: Block Const - Finish: Painted; Stucco Roofing: Composition Floors: Vinyl Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Desert Landscaping Interior Features: Fire/Smoke Alarm(s) Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Microwave; Washer/Dryer Heating: Individual Cooling: Ceiling Fan(s); Individual; Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: SW Gas Parking Features: Carport; On Street; 1 Space/Unit Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity Source of Fincl Data: Owner; Projected Proforma Special: Owner/Agent Showing Notification Methods: Text Lockbox Type: None New Financing: Cash; Conventional; 1031 Exchange Environmental: None

Listing Office: Four Peaks Property Management LLC

Last Updated: August - 28 - 2026