204 E Hatcher Road Phoenix, AZ $ 850,000
204 E Hatcher Road
$ 850,000
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204 E Hatcher Road

Phoenix, AZ, 85020
$ 850,000
Baths0.0

Monthly Estimate*

$ 5,367

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $850,000. This home was built in 2006.

204 E Hatcher Road presents a rare opportunity to acquire a well-maintained duplex in a strong North Central Phoenix location. Built in 2006, the property features two spacious 3-bed/2.5-bath units averaging approximately 1,788 square feet each, offering the feel of a single-family home with the convenience of rental living. Currently occupied by strong government-subsidized tenants paying $2,772 per month, each unit includes an attached two-car garage, private backyard, in-unit washer & dryer, and individually metered utilities, including water. Located in a desirable pocket of Sunnyslope near North Mountain Park & Preserve, HonorHealth John C. Lincoln Medical Center, shopping, dining, & major employment corridors, the property offers strong appeal for both investors and owner-occupants.

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Multi-Family Active

Price

$ 850,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,154

Style

Multiple Dwellings

Year Built

2006

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7045330

Features
General
Sewer Public Sewer
Heating Central Heat Pump Electric
Cooling Central Air Electric
Roof Tile Concrete
Zoning R-5
Construction Materials Wood Frame Stucco
Year Built 2006
Electric APS Individual Meter
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 66528.0
Community Features No Pool
County Maricopa
Net Operating Income 59722.0
Operating Expense 5256.0
Insurance Expense 2102.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Garage Y/N Y
Status Active
Directions From central Phoenix head north of Central Ave until you hit Hatcher Rd. Turn right (east) on Hatcher and after a couple blocks the property will be located on the north side of the street.
City Phoenix
Disclosures Seller Prop Disc Stm
Open Parking Spaces 4.0
Number Of Units Total 2
Carport Y/N N
Tax Annual Amount 3154.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Lot 25
Cap Rate 7.03
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 Tile
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features >1 Space Per Unit
Water Source Individual Meter City Franchise
Total Parking 8.0
Number of Buildings 1
Spa N
Lot Dimensions 140' x 57'
Road Surface Type Concrete
Covered Spaces 4.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 204
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* Excluded Features
List By
Abi Multifamily

Broker

colin.kreager@abimultifamily.com

Email

Affordability Calculator

$5,630
Per Month
95%
5%
0%
Monthly Principal & Interest
$5,367
Monthly Property Taxes
$263
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
260072 Elementary School
263420 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/23/2026$850,000 Listed Price

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204 E Hatcher Road, Phoenix, AZ, 85020 is a Multi-Family Home for sale at $850,000. 204 E Hatcher Road is a studio with 0.0 baths and was built in 2006. The property's zip code is 85020 which is in Phoenix, AZ