8910-8912 N 3rd Street Phoenix, AZ $ 1,890,000
8910-8912 N 3rd Street
$ 1,890,000
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8910-8912 N 3rd Street

Phoenix, AZ, 85020
$ 1,890,000
Baths0.0

Monthly Estimate*

$ 11,791

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $1,890,000. This home was built in 1945.

FULLY UPDATED ELECTRICAL & WIRING. Fully renovated 10-unit multifamily asset in the highly desirable Uptown Phoenix submarket. The property features a compelling unit mix across two contiguous parcels and benefits from approximately $355,000 of capital improvements completed over the last 1.5 years. With strong leasing momentum, stabilized operations, and market rent upside, this property is well-positioned for both yield-focused and appreciation-driven investors.

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Multi-Family Active

Price

$ 1,890,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,731

Style

Multiple Dwellings

Year Built

1945

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6951020

Features
General
Sewer Public Sewer
Heating Electric Natural Gas
Cooling Central Air Ceiling Fan(s) Window/Wall Unit
Roof Composition
Zoning R-5
Construction Materials Brick Veneer Painted Block
Year Built 1945
Electric APS Individual Meter
Township 3N
Tax Year 2024
Ownership Fee Simple Fee Simple
Gross Income 135660.0
Community Features No Pool
County Maricopa
Net Operating Income 97880.0
Operating Expense 37780.86
Insurance Expense 6985.0
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 11000.0
Subdivision Name SUNNYSLOPE
Garage Y/N N
Status Active
Directions East from Central on Dunlap. South on 3rd St
High School Sunnyslope High School
City Phoenix
Disclosures None
High School District Glendale Union High School District
Open Parking Spaces 10.0
Number Of Units Total 10
Carport Y/N N
Elementary School Desert View Elementary School
Tax Annual Amount 2731.86
Electric Expense 2332.0
Fuel Expense 1520.0
Middle/Junior High School Royal Palm Middle School
Trash Expense 3325.0
Water Sewer Expense 5051.0
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Elementary School District Washington Elementary School District
Tax Lot 20
Cap Rate 5.18
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Interior
Flooring Vinyl Concrete
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Paved >1 Space Per Unit
Water Source City Franchise
Total Parking 10.0
Number of Buildings 1
Spa N
Lot Dimensions 100 x 125
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 89108912
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* Excluded Features
List By
The Broker Reserve Llc

Broker

hudson@azreinvestments.com

Email

Affordability Calculator

$12,019
Per Month
98%
2%
0%
Monthly Principal & Interest
$11,791
Monthly Property Taxes
$228
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4327245 Elementary School
4327519 Middle School
Sunnyslope High School High School
Pricing History
DatePricePrice ChangeDescription
11/26/2025$1,890,000 Listed Price

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8910-8912 N 3rd Street, Phoenix, AZ, 85020 is a Multi-Family Home for sale at $1,890,000. 8910-8912 N 3rd Street is a studio with 0.0 baths and was built in 1945. The property's zip code is 85020 which is in Phoenix, AZ