1002 N 27TH Place, Phoenix, AZ 85008
$1,635,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$1,635,000
Last Modified:
4/06/2026
Description
Fantastic Investment Opportunity!
This well-maintained Multi-Family Property features three separate buildings, each with two spacious units — totaling six 2 bed / 2 bath units, each approximately 1,200 sq ft. Great rental history and upside potential!
Exterior of all buildings was freshly painted in June 2023, and interiors have been updated with new paint as well. The property includes four newer A/C units, with the remaining two approximately 10 years old. The roof was replaced 5 years ago with high-quality 40-year shingles, offering peace of mind for years to come.
Tenants and guests will appreciate the ample parking area, designed to comfortably accommodate residents and visitors alike. Sale includes two parcels:
APN #121-76-050-B APN #121-76-050-C
Supplements: Both lots have separate dimensions per plat records and are being sold together. Don't miss out on this exceptional income-producing property with strong fundamentals and recent upgrades!
More Information MLS# 6936056
Contract Info
Current Price: $1,635,000
List Price: $1,635,000
Status: Active
List Date: 2025-10-20
Ownership: Fee Simple
Location Tax Legal
House Number: 1002
Compass: N
Street Name: 27TH
St Suffix: Place
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Zip4: 4979
County Code: Maricopa
Subdivision: DEL REY LOTS 101-140
Assessor Number: 121-76-050-C
Tax Year: 2025
General Property Description
Lot Size Dimensions: 124x133
Year Built: 1983
Uncvrd Parking Spcs: 15
Total # of Units: 6
# of Buildings: 3
Zoning: Multi-Family
Flood Zone: No
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
Elementary School: The Creighton Academy
Jr. High School: Gateway School
High School: Camelback High School
Remarks Misc
Cross Street: 24th St and Roosevelt
Directions: 202 to 24th Street, South to Roosevelt, East to 27th Place. Property is located on the NW Corner of 27th Place and Roosevelt.
Geo Lat: 33.458762
Geo Lon: -112.022934
Legal Info
Township: 1N
Range: 3E
Section: 2
Lot Number: 119
Income Expenses
Gross Annual Sch Inc: 106800
Net Operating Income: 93571
Showing Notification Methods
Showing Service: No Showing Service Used
2 Bedroom Units
# 2 Bedroom Units: 6
Avg Rent: 1500
Avg SqFt: 1200
# Baths: 2
Property Features
Project Type: 5 - 12 Units
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Desert Landscaping; Fenced; Curb(s) & Gutter(s); Satellite Dish; Cable TV Available; Sidewalk(s); TV Antenna
Interior Features: Unfurnished; Fire/Smoke Alarm(s)
Appliances Included: Free-Standing Range; Refrigerator; Disposal; Microwave; W/D Hookup
Heating: 2 or More Units
Cooling: Electric; 2 or More Units
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS; City Electric; Individual Meter
Gas: None
Parking Features: >1 Space Per Unit; Add'l Parking Avail
Road Surface Type: Asphalt; Concrete
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Owner
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Cash; Conventional; 1031 Exchange
Environmental: None
Listing Office: Kristopher Realty
Last Updated: April - 06 - 2026
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