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510 E HATCHER Road # OFC Phoenix, AZ $ 3,200,000
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510 E HATCHER Road # OFC
$ 3,200,000
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510 E HATCHER Road # OFC

Phoenix, AZ, 85020
$ 3,200,000
Bedrooms36 Baths0.0

Monthly Estimate*

$ 22,102

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Multi-Family Home for sale in Phoenix, AZ

for $3,200,000 with 36 bedrooms. This home was built in 1985.

Hatcher Heights is a 24-unit, three-story garden-style apartment community in North Phoenix's Sunnyslope area, across from HonorHealth John C. Lincoln Medical Center and walking distance to Sunnyslope High School and the Arizona Canal Trail. Built in 1985 and renovated in 2022, the property offers 12 one-bed/one-bath and 12 two-bed/one-bath units averaging 599 SF. Capital improvements include a new permitted gate, parking lot and block wall, new windows, and replaced plumbing and drain lines. All units have been renovated or turned, and the community laundry room was fully renovated. Units are individually metered for electricity; two units have in-suite washer/dryers, with panels in place to add them to the rest. Near I-17, SR-51 and North Mountain.

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Multi-Family Active

Price

$ 3,200,000

Bedrooms

36

Property Type

Multi-Family

Taxes

$ 7,995

Style

Multiple Dwellings

Year Built

1985

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7086417
Features
General
Sewer Public Sewer
Heating Varies by Unit Central
Cooling Central Air Varies by Unit
Roof Composition
Zoning R-5
Construction Materials Wood Frame Stucco
Year Built 1985
Electric APS Individual Meter
Township 3N
Unit Number OFC
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 345192.0
Community Features No Pool
County Maricopa
Net Operating Income 219366.0
Operating Expense 116461.0
Insurance Expense 15600.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 14400.0
Garage Y/N N
Status Active
Directions From 7th St head west on Hatcher Rd. Property is on the north side of Hatcher Rd just east of 5th St.
High School Sunnyslope High School
City Phoenix
Disclosures None
High School District Glendale Union High School District
Open Parking Spaces 29.0
Number Of Units Total 24
Carport Y/N N
Elementary School Sunnyslope Elementary School
Tax Annual Amount 7995.0
Middle/Junior High School Sunnyslope Elementary School
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 Washington Elementary School District
Tax Lot 0
Cap Rate 6.86
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Interior
Flooring Tile Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Total Bedrooms 36
Total Baths 24
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Exterior
Parking Features Off Street Paved >1 Space Per Unit
Water Source Master Meter City Franchise
Total Parking 29.0
Number of Buildings 1
Spa N
Lot Dimensions 140 x 135.36
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 1 510
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* Excluded Features
List By
Abi Multifamily

Broker

dallin.hammond@abimf.com

Email

Affordability Calculator

$22,768
Per Month
97%
3%
0%
Monthly Principal & Interest
$22,102
Monthly Property Taxes
$666
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4326997 Elementary School
4326997 Middle School
Sunnyslope High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/29/2026$3,200,000 Listed Price

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510 E HATCHER Road # OFC, Phoenix, AZ, 85020 is a Multi-Family Home for sale at $3,200,000. 510 E HATCHER Road # OFC has 36 bedrooms, 0.0 baths, and was built in 1985. The property's zip code is 85020 which is in Phoenix, AZ

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