1412 N 35th Street Phoenix, AZ $ 4,000,000
1412 N 35th Street
$ 4,000,000
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1412 N 35th Street

Phoenix, AZ, 85008
$ 4,000,000
Baths0.0

Monthly Estimate*

$ 25,256

1412 N 35th Street, Phoenix, AZ 85008 - Image 1
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Studio

Multi-Family Home for sale in Phoenix, AZ

for $4,000,000. This home was built in 1960.

20% PRICE REDUCTION. Originally developed in 1960, the property's unit mix features a desirable blend of one studio (±4%) and spacious one-bedroom (±35%) and two-bedroom (±61%) floorplans covering an average of ±728 square feet. Future ownership will have the opportunity to implement an interior renovation program to upgrade the remaining classic units and capitalize on the associated interior renovation premium already proven in the immediate area.

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Multi-Family Active

Price

$ 4,000,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 10,823

Style

Multiple Dwellings

Year Built

1960

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7048772

Features
General
Sewer Public Sewer
Heating Individual Electric
Cooling Central Air Electric Individual
Roof Composition
Zoning R-4
Construction Materials Painted Block
Year Built 1960
Electric SRP
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 477811.4
Community Features No Pool
County Maricopa
Net Operating Income 255219.0
Operating Expense 153509.12
Insurance Expense 18107.04
New Construction N
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 27026.89
Garage Y/N N
Status Active
City Phoenix
Disclosures None
High School District Phoenix Union High School District
Open Parking Spaces 45.0
Number Of Units Total 28
Carport Y/N N
Tax Annual Amount 10823.72
Electric Expense 7267.41
Fuel Expense 1028.89
Trash Expense 19334.15
Water Sewer Expense 19336.35
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Elementary School District Creighton Elementary District
Tax Lot Ukn
Cap Rate 6.38
New Financing: Conventional True
Senior Community N
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Interior
Flooring Ceramic 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 Master Meter City Franchise
Total Parking 45.0
Number of Buildings 2
Spa N
Lot Dimensions 40 511
Road Surface Type Asphalt
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1412
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* Excluded Features
List By
Marcus & Millichap

Broker

paul.bay@marcusmillichap.com

Email

Affordability Calculator

$26,158
Per Month
97%
3%
0%
Monthly Principal & Interest
$25,256
Monthly Property Taxes
$902
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
4327165 Elementary School
4327058 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/1/2026$4,000,000 Listed Price

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1412 N 35th Street, Phoenix, AZ, 85008 is a Multi-Family Home for sale at $4,000,000. 1412 N 35th Street is a studio with 0.0 baths and was built in 1960. The property's zip code is 85008 which is in Phoenix, AZ