402 W Earll Drive Phoenix, AZ ^$ 1,800,000

402 W Earll Drive

^$ 1,800,000

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Recently Listed

402 W Earll Drive

Phoenix, AZ, 85013

^$ 1,800,000

Bedrooms17 Baths0.0

Monthly Estimate*

^$ 12,432

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Multi-Family Home for sale in Phoenix, AZ

for $1,800,000 with 17 bedrooms. This home was built in 1955.

Earll Palms is a fully renovated, 9-unit* multifamily community ideally situated in the heart of Central Phoenix. The property features an attractive unit mix consisting almost entirely of spacious two-bedroom floorplans, appealing to residents seeking additional living space in a highly accessible urban location. Extensive renovations have transformed the community with contemporary cabinetry, stainless steel appliances, upgraded countertops, and wood-style flooring. Strategically located just half a mile from Phoenix's Innovation Employment Corridor, Earll Palms benefits from proximity to a major concentration of healthcare, education, research, and technology-related employment. *Unit ''A'' is not permitted

Multi-Family Active

Price

^$ 1,800,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 4,985

Style

Multiple Dwellings

Year Built

1955

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7103532

Features

General

Sewer Public Sewer

Heating Varies by Unit

Cooling Electric Varies by Unit

Roof Foam

Zoning R-4

Construction Materials Painted Block

Year Built 1955

Electric APS Individual Meter

Tax Year 2026

Ownership Fee Simple Fee Simple

Gross Income 148296.9

Community Features No Pool

County Maricopa

Net Operating Income 105052.0

Operating Expense 47121.0

Insurance Expense 4200.0

New Construction N

Property Type Multiple Dwellings

Attached Garage N

MaintenanceExpense 12292.0

Garage Y/N N

Status Active

City Phoenix

Disclosures None

Open Parking Spaces 0.0

Number Of Units Total 9

Carport Y/N N

Tax Annual Amount 4985.0

Electric Expense 9905.0

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 10

Cap Rate 5.84

New Financing: Conventional True

Senior Community N

Interior

Flooring Vinyl

Air Conditioning Y/N Y

Heating Y/N Y

Total Bedrooms 17

Total Baths 9

Exterior

Parking Features On Street Carport

Water Source City Franchise

Total Parking 8.0

Number of Buildings 1

Spa N

Lot Dimensions 12 670 sqft

Road Surface Type Asphalt

Covered Spaces 8.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 402

* Excluded Features

List By

Marcus & Millichap

Broker

adam.saylor@marcusmillichap.com

Affordability Calculator

$12,848

Per Month

Monthly Principal & Interest: $12,432
Monthly Property Taxes: $415
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Multi-family listings in Phoenix, AZ

Average List Price ^$1,122,300

Percent of Sale Price 38%

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
11/6/2026	$1,800,000		Listed Price

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402 W Earll Drive, Phoenix, AZ, 85013 is a Multi-Family Home for sale at $1,800,000. 402 W Earll Drive has 17 bedrooms, 0.0 baths, and was built in 1955. The property's zip code is 85013 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

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 11/7/2026.

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402 W Earll Drive

Multi-Family Home for sale in Phoenix, AZ

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