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2102 W ADAMS Street Phoenix, AZ $ 1,999,000
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$ 1,999,000 Get more info
2102 W ADAMS Street
$ 1,999,000
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2102 W ADAMS Street

Phoenix, AZ, 85009
$ 1,999,000
Bedrooms16 Baths0.0

Monthly Estimate*

$ 12,622

2102 W ADAMS Street, Phoenix, AZ 85009 - Image 1
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2102 W ADAMS Street, Phoenix, AZ 85009 - Image 8
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Multi-Family Home for sale in Phoenix, AZ

for $1,999,000 with 16 bedrooms. This home was built in 1921.

Downtown Phoenix 16-Unit Multifamily Complex consisting of nine buildings across six contiguous lots totaling approximately 36,400 SF. The property is R-3 zoned and features all 1BD/1BA units, currently generating $18,000+ in monthly gross rental income. All units have separate electric and gas meters, with utilities paid directly by tenants. The property is serviced by four water meters. The site offers a potential redevelopment opportunity while providing existing rental income.

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Multi-Family Active

Price

$ 1,999,000

Bedrooms

16

Property Type

Multi-Family

Taxes

$ 556

Style

Multiple Dwellings

Year Built

1921

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7085334
Features
General
Sewer Public Sewer See Remarks
Heating See Remarks
Cooling See Remarks
Roof Composition
Zoning R-3
Construction Materials Brick Veneer Block
Year Built 1921
Electric APS SRP
Township 1N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 213012.0
Community Features No Pool
County Maricopa
Net Operating Income 187816.0
Operating Expense 25196.0
Insurance Expense 8000.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 8000.0
Subdivision Name CAPITOL ADDITION
Garage Y/N N
Status Active
City Phoenix
Disclosures None
High School District Phoenix Union High School District
Open Parking Spaces 30.0
Number Of Units Total 16
Carport Y/N N
Tax Annual Amount 556.0
Electric Expense 240.0
Water Sewer Expense 8400.0
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Elementary School District Phoenix Elementary District
Tax Lot 24
Cap Rate 9.4
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Interior
Flooring Other Ceramic Tile Vinyl
Air Conditioning Y/N N
Heating Y/N N
Total Bedrooms 16
Total Baths 16
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Exterior
Parking Features >1 Space Per Unit
Water Source See Remarks City Franchise
Total Parking 30.0
Number of Buildings 9
Spa N
Lot Dimensions 36400
Road Surface Type Concrete Gravel
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 2102
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* Excluded Features
List By
Compass

Broker

zcoty@thecotygroup.com

Email

Affordability Calculator

$12,668
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,622
Monthly Property Taxes
$46
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/25/2026$1,999,000 Listed Price

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2102 W ADAMS Street, Phoenix, AZ, 85009 is a Multi-Family Home for sale at $1,999,000. 2102 W ADAMS Street has 16 bedrooms, 0.0 baths, and was built in 1921. The property's zip code is 85009 which is in Phoenix, AZ

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