1220 S 10th Avenue, Phoenix, AZ 85007
Local realty services provided by:ERA Brokers Consolidated
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
Excellent value-add multifamily investment opportunity located in the growing Central Phoenix market. This unique 4-unit property offers strong income potential with major renovation work already completed, making it an ideal opportunity for investors looking to finish the final touches and maximize returns.
The property consists of:
Front Unit: Spacious 3 Bedroom / 2 Full Bathroom unit with in-unit laundry room
Rear Unit 1: 1 Bedroom / 1 Bathroom
Rear Unit 2: 2 Bedroom / 1 Bathroom
Rear Unit 3: Studio unit
Each rear unit has its own private entrance, creating privacy and flexibility for tenants.
The majority of the interior renovation work has already been completed. Additional planned upgrades include:
Brand new electrical system installation
New HVAC systems
New ap New hot water heaters
Seller plans to complete the remaining improvements prior to closing for an additional negotiated price, providing buyers flexibility to either purchase as-is or receive a near turn-key finished product.
The property includes parking for approximately 3 vehicles onsite, along with additional street parking availability.
This is a great opportunity for an investor or owner-operator to take over a nearly completed project and add the final cosmetic and operational touches. Estimated total rental income is projected to exceed $4,000 per month once fully stabilized.
Conveniently located near Downtown Phoenix, major freeways, employment centers, dining, shopping, and public transportation, this property benefits from strong rental demand and continued area growth.
Priced to sell quickly. Excellent opportunity for investors seeking cash flow, appreciation potential, and value-add upside.
Buyer to verify all facts, figures, measurements, zoning, permits, and projected rental income....
Contact an agent
Home facts
- Year built:1940
- Subdivision & Development:DANIELS 2ND ADDITION
- Listing ID #:7037076
- Updated:September 27, 2026 at 03:02 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
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