Active

2102 W ADAMS Street

Phoenix AZ, 85009

$1,995,000


Active

Other

Built in 1921

Unique W Downtown Phoenix area 16 unit complex. Under $125K/door & $255/sf! 9 of the 16 units have recently been upgraded w/ new roofs. Seller financing at 4% i/o at 40-50% LTV. New construction apartments across the street w/ many owner-occupants within a block. The complex consists of 16 units (all 1 bedroom/1 bathroom (488/sf /-). 7800 total +/-. Nine buildings on six contiguous lots (36,400 total sf +/-). Ample surface parking. Three duplex buildings line Adams St (6). Four duplexes line 21st Ave with one SF house (9). 2105 W Monroe is the 16th unit. All separate electric/gas that is tenant-paid. Four water meters. Zoned R-3. Long-term owner. Rents range from $1000-$1397.

6749136

MLS ID

August 27, 2024

Listed

January 21, 2025

Updated

Map

2102 W ADAMS Street
Phoenix AZ, 85009

Interior Features

Floor Description

Other, Ceramic Tile, Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s), Other, See Remarks, Window/Wall Unit, Electric


Heating

Yes


Heating Description

Other, See Remarks, Individual, Heat Pump, Window/Wall Unit(s), Electric

Exterior/Building Features

Roof

Composition


Sewer

Sewer-In Connected, Public Sewer

School Information

School District

Phoenix Elementary District

Other Property Details

Taxes

$518


Tax Frequency

Annually


Days on Market

150


Garage

No


Parking

Other (See Remarks), Assigned, Addl Parking Avail, 1 Space Per Unit, Common


Parking Total

32


View

No


County

Maricopa


Water Source

Other, See Remarks, City Franchise


Pool

No


Zoning

R-3

Listing History

Date

Event

Price

1/14/2025

Price change

$1,995,000

-11%

12/12/2024

Price change

$2,220,000

-5%

11/9/2024

Price change

$2,320,000

-4%

Courtesy of Better Homes & Gardens Real Estate SJ Fowler

Listing Contact: 602-672-3526 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Karen Stroble shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data Last Updated: 7:40 PM UTC, 1/21/2025.

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