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aesquivel.21@est.ucab.edu.ve +1(123) 456-7890

$1,800,000

Est. payment - /mo

10 Beds

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 7103570

Bedrooms 10

Year Built 1959

Annual Tax Amount $1,722

Tax Year 2025

Lot Dimensions Normal

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

The D'art Apartments is a well-maintained 10-unit multifamily property in the heart of Downtown Phoenix. The property has been owned by the same family since its construction. The location puts residents within walking distance of Downtown Phoenix's restaurants, major employers, and entertainment venues, which supports steady tenant demand in one of the Valley's most active urban cores. The property has been consistently maintained under long-term ownership. It also offers investors an operational value-add opportunity through updated management practices, improved operating efficiencies, and alignment of rents with the surrounding market.

Location

State AZ

County Maricopa

Area Maricopa

Zoning DTC-S-ROO

Interior

Heating Window/Wall Unit(s)

Cooling Window/Wall Unit

Flooring Concrete

Appliance Refrigerator, Free-Standing Gas Oven, Microwave

Exterior

Parking Features Paved, Free, <1 Space Per Unit, On Street

Community Features No Pool

Roof Type Built-Up

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 111-39-025

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Disclosures None

Listing Terms Cash, Conventional

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Listed by Orion Investment Real Estate • Garrett K Hemeyer

NEARBY SCHOOL & BUSINESS

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610 N 4TH Avenue Phoenix, AZ 85003