1008 N 27TH Street Phoenix, AZ $ 450,000
1008 N 27TH Street
$ 450,000
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1008 N 27TH Street

Phoenix, AZ, 85008
$ 450,000
Baths0.0

Monthly Estimate*

$ 2,807

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $450,000. This home was built in 1930.

This rare property is perfect for residential or investor buyers. Just minutes from Sky Harbor Airport, The MMC-Phoenix Suns Arena, Chase Field, the Celebrity Theater, Phoenix Children's Hospital, Phoenix Convention Center, Downtown Phoenix, across the street from Valleywise Hospital, a perfect place to live or invest. The main house is a 2-br, 1-bath with a separate dining area and a fireplace, wood floors, and a basement. The guest house is a 1-br, 1-bath. This property is zoned R5 which allows up to 12-units on it. This is one of only a few in the area that boasts nearly a half acre lot. Note, the owners have never lived on the property, there is no SPD.

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Multi-Family Active

Price

$ 450,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,759

Style

Multiple Dwellings

Year Built

1930

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6957758

Features
General
Sewer Public Sewer
Heating Central Window/Wall Unit(s)
Cooling Central Air Window/Wall Unit
Roof Composition
Zoning R5
Construction Materials Wood Frame Painted Stucco Stone Brick
Year Built 1930
Electric APS
Township 1N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 11400.0
Community Features No Pool
County Maricopa
Net Operating Income 12000.0
Operating Expense 1759.0
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name DEL REY LOTS 101-140
Garage Y/N N
Status Active
Directions South from the 202 on 24th St to Roosevelt St. Then East on Roosevelt St to 27th St. Then left on 27th St property on left.
City Phoenix
Disclosures None
High School District Phoenix Union High School District
Open Parking Spaces 5.0
Number Of Units Total 2
Carport Y/N N
Tax Annual Amount 1759.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Elementary School District Creighton Elementary District
Tax Lot 140
Cap Rate 2.67
New Financing: Conventional True
Senior Community N
New Financing: FHA True
New Financing: Cash True
New Financing: VA True
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Interior
Flooring Wood
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features RV Access/Parking
Water Source City Franchise
Total Parking 7.0
Number of Buildings 2
Spa N
Lot Dimensions .416 acers
Covered Spaces 2.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1008
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* Excluded Features
List By
Avenue Home Realty

Broker

ronn@ronnwalker.com

Email

Affordability Calculator

$2,954
Per Month
95%
5%
0%
Monthly Principal & Interest
$2,807
Monthly Property Taxes
$147
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
4327165 Elementary School
4327058 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/15/2025$450,000 Listed Price

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1008 N 27TH Street, Phoenix, AZ, 85008 is a Multi-Family Home for sale at $450,000. 1008 N 27TH Street is a studio with 0.0 baths and was built in 1930. The property's zip code is 85008 which is in Phoenix, AZ