927 S 35th Avenue, Phoenix, AZ 85009

Local realty services provided by:Better Homes and Gardens Real Estate S.J. Fowler
927 S 35th Avenue,Phoenix, AZ 85009
$1,275,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: julian tiege
Office: my home group real estate
MLS#:6924258
Source:ARMLS

Price summary

  • Price:$1,275,000

About this home

10-Unit Multifamily Investment Opportunity! This renovated and cash-flowing property is in a strong central Phoenix rental market, consisting of 8 one-bedroom/one-bath units and 2 studio units, all renovated around 2022-2023, modern finishes and several updated systems. Each unit is separately metered for electricity, reducing ownership expenses and simplifying management. Very low property tax expense on this one ($1,167/yr). This sale includes two parcels, with the north parcel at 921 S 35th Ave, offering a big space to work with—a rare opportunity for value-add expansion. The additional land provides space to build storage units, install vending machines, add a laundry facility, or develop additional income-producing amenities, significantly increasing future cash flow and property value. The property is fully occupied with month-to-month leases. Located near major employment corridors, transit routes, and downtown Phoenix, this property combines stable current income with

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1950
  • Listing ID #:6924258
  • Updated:December 17, 2025 at 08:04 PM

Heating and cooling

  • Cooling:Ceiling Fan(s), Wall/Window Unit
  • Heating:Central, Window Wall Heating Unit(s)

Structure and exterior

  • Year built:1950

Schools

  • High school:Carl Hayden High School
  • Middle school:William R Sullivan Elementary School
  • Elementary school:Jack L Kuban Elementary School

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$1,275,000
  • Tax amount:$1,167 (2024)
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

New listings near 927 S 35th Avenue