1220 S 10th Avenue, Phoenix, AZ 85007
Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
1220 S 10th Avenue,Phoenix, AZ 85007
$299,900
- 11 Beds
- 60 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: kiran vedantam
Office: kosh realty
MLS#:7037076
Source:ARMLS
Price summary
- Price:$299,900
About this home
**HOT INVESTMENT OPPORTUNITY! CURRENTLY VACANT - 4 UNITS | ~$4,800+ POTENTIAL MONTHLY RENT | MAJOR RENOVATIONS ALREADY COMPLETED!**
**Investors, don't miss this Central Phoenix opportunity!** This value-add 4-unit multifamily property offers incredible income potential with most interior renovations already completed. Finish the final improvements and unlock the property's full earning potential!
The owner began extensive renovations but had to relocate overseas due to family and work commitments, creating an opportunity for the next investor to complete the project.
**FOUR INCOME-PRODUCING UNITS:**
- **3 Bed / 2 Bath:** Spacious front unit with beautifully renovated bathrooms and private laundry room. Market rent $1,900 - **2 Bed / 1 Bath:** Rear unit with renovated kitchen (shared laundry) Market rent $1,200
- **1 Bed / 1 Bath:** Rear unit with renovated kitchen (shared laundry)Market rent $999
- **Studio:** Additional rental income opportunity. Market rent $699
All three rear units feature private entrances for added tenant privacy.
**WHY INVESTORS WILL LOVE IT:**
- **$4,800+ projected monthly rental income** once completed and stabilized.
- Approximately **$30K-$35K in remaining improvements**, including new electrical panel, HVAC for all four units, appliances, and water heaters.
- Separate electrical meters planned for individual utility billing.
- Large rear storage room with additional rental income potential.
- Approximately 3 onsite parking spaces plus street parking.
- **Flexible purchase options!** Buy as-is or negotiate with the seller to complete improvements before closing.
**PRIME CENTRAL PHOENIX LOCATION!** Convenient access to Downtown Phoenix, major freeways, employment centers, restaurants, shopping, and public transportation.
**FOUR UNITS. MULTIPLE INCOME STREAMS. SIGNIFICANT UPSIDE.**
Whether you're a seasoned investor or expanding your rental portfolio, this property offers an exciting combination of cash-flow potential, value appreciation, and long-term wealth building.
**PRICED TO SELL -- BRING YOUR OFFER!**
*Buyer to independently verify zoning, permits, unit configurations, measurements, renovation costs, rental projections, and all property information. Rental income is projected, not guaranteed.*...
Contact an agent
Home facts
- Year built:1940
- Subdivision & Development:DANIELS 2ND ADDITION
- Listing ID #:7037076
- Updated:October 30, 2026 at 04:42 PM
Rooms and interior
- Bedrooms:11
- Total bathrooms:60
- Flooring:Ceramic Tile, Vinyl
Heating and cooling
- Cooling:Heat Pump
- Heating:Heat Pump
Structure and exterior
- Year built:1940
- Construction Materials:Painted, Stucco
Schools
- High school:Central High School
- Middle school:Mary Mcleod Bethune School
- Elementary school:Mary Mcleod Bethune School
Utilities
- Water:City Franchise, Master Meter
Finances and disclosures
- Price:$299,900
- Tax amount:$1,480 (2025)
Parking
- Parking description:Carport
New listings near 1220 S 10th Avenue
- New
$1,135,000Active3 beds 3 baths4110 N 47th Street, Phoenix, AZ 85018
MLS# 7100603Listed by: THE BROKERY - New
$165,000Active2 beds 1 baths8213 N 33rd Lane, Phoenix, AZ 85051
MLS# 7100605Listed by: EXP REALTY - New
$685,000Active4 beds 3 baths532 E Flynn Lane, Phoenix, AZ 85012
MLS# 7100611Listed by: EXP REALTY - New
$2,395,000Active4 beds 5 baths13841 S Canyon Drive, Phoenix, AZ 85048
MLS# 7100633Listed by: BERKSHIRE HATHAWAY HOMESERVICES ARIZONA PROPERTIES - New
$429,000Active4 beds 3 baths6246 N 23rd Avenue, Phoenix, AZ 85015
MLS# 7100635Listed by: SIMPLIHOM INC - New
$650,000Active4 beds 4 baths517 W Gibraltar Lane, Phoenix, AZ 85023
MLS# 7100637Listed by: WEST USA REALTY - New
$399,900Active4 beds 2 baths144 W Desert Drive, Phoenix, AZ 85041
MLS# 7100639Listed by: DELEX REALTY - New
$350,000Active2 beds 2 baths4203 N 36th Street #4, Phoenix, AZ 85018
MLS# 7100652Listed by: THE BROKERY - New
$410,000Active3 beds 2 baths3256 W Angela Drive, Phoenix, AZ 85053
MLS# 7100546Listed by: EXP REALTY - New
$129,500,000Active5 beds 5 baths523 W Willetta Street, Phoenix, AZ 85003
MLS# 7100564Listed by: DELEX REALTY