2121 W Adams Street Phoenix, AZ ^$ 4,550,000

2121 W Adams Street

^$ 4,550,000

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Recently Listed

2121 W Adams Street

Phoenix, AZ, 85009

^$ 4,550,000

Bedrooms40 Baths0.0

Monthly Estimate*

^$ 28,729

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Multi-Family Home for sale in Phoenix, AZ

for $4,550,000 with 40 bedrooms. This home was built in 2025.

Multi-Family Active

Price

^$ 4,550,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 17,156

Style

Multiple Dwellings

Year Built

2025

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7069727

Features

General

Sewer Public Sewer

Heating Individual

Cooling Electric Individual

Roof Foam

Zoning R-3

Construction Materials Wood Frame Stucco

Year Built 2025

Electric APS

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 357846.0

Community Features No Pool

County Maricopa

Net Operating Income 253623.0

Operating Expense 89143.0

Insurance Expense 9000.0

New Construction N

Property Type Multiple Dwellings

Attached Garage N

MaintenanceExpense 18000.0

Garage Y/N N

Status Active

City Phoenix

Disclosures None

Open Parking Spaces 38.0

Number Of Units Total 20

Carport Y/N N

Tax Annual Amount 17156.0

Electric Expense 16000.0

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 1

Cap Rate 5.57

New Financing: Conventional True

Senior Community N

Interior

Flooring Vinyl

Air Conditioning Y/N Y

Heating Y/N Y

Total Bedrooms 40

Total Baths 40

Exterior

Parking Features >1 Space Per Unit

Water Source City Franchise

Total Parking 38.0

Number of Buildings 2

Spa N

Lot Dimensions 42 042 sq ft.

Road Surface Type Asphalt

Covered Spaces 0.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 2121

* Excluded Features

List By

Marcus & Millichap

Broker

adam.saylor@marcusmillichap.com

Affordability Calculator

$30,159

Per Month

Monthly Principal & Interest: $28,729
Monthly Property Taxes: $1,430
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Multi-family listings in Phoenix, AZ

Average List Price ^$1,159,691

Percent of Sale Price 75%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

260072 Elementary School

263420 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/21/2026	$4,550,000		Listed Price

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2121 W Adams Street, Phoenix, AZ, 85009 is a Multi-Family Home for sale at $4,550,000. 2121 W Adams Street has 40 bedrooms, 0.0 baths, and was built in 2025. The property's zip code is 85009 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 8/24/2026.

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2121 W Adams Street

Multi-Family Home for sale in Phoenix, AZ

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