320 N 52ND Street Phoenix, AZ $ 3,100,000
320 N 52ND Street
$ 3,100,000
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320 N 52ND Street

Phoenix, AZ, 85008
$ 3,100,000
Bedrooms25 Baths0.0

Monthly Estimate*

$ 21,411

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Multi-Family Home for sale in Phoenix, AZ

for $3,100,000 with 25 bedrooms. This home was built in 1964.

Exceptional Investment Opportunity in a Prime Phoenix Location! Papago View Apartments is a 20 Unit Complex consisting of 5 buildings with 4 units each. Built in 1964 with Solid Block Construction on a 36,000 sq. ft. lot, 19 of the 20 Units have been remodeled with new appliances, cabinetry, countertops & HVAC units. The unit mix is 15 One Bedroom Units and 5 Two Bedroom Units with several units having a private yard. Located just off the Loop 202, tenants enjoy quick commutes & proximity to many outdoor attractions such as Papago Park & the Phoenix Zoo. Exterior Inspection Only. Interior Inspection Only Upon Accepted Contract Unless Vacant Unit is Available.

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Multi-Family Active

Price

$ 3,100,000

Bedrooms

25

Property Type

Multi-Family

Taxes

$ 9,147

Style

Multiple Dwellings

Year Built

1964

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7094624

Features
General
Sewer Public Sewer
Heating Electric Ceiling
Cooling Electric
Roof Foam
Zoning R-5
Construction Materials Painted Block
Year Built 1964
Electric APS
Township 1N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 279300.0
Community Features Manager Res/Office Pool
County Maricopa
Net Operating Income 224653.0
Operating Expense 54647.0
Insurance Expense 12500.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 10000.0
Subdivision Name PAPAGO ADDITION 3
Garage Y/N N
Status Active
Directions South on 52nd Street to property on West side of the one way street just North of Van Buren
City Phoenix
Disclosures None
High School District Phoenix Union High School District
Open Parking Spaces 20.0
Number Of Units Total 20
Carport Y/N N
Tax Annual Amount 9147.0
Electric Expense 6000.0
Trash Expense 6000.0
Water Sewer Expense 6000.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Elementary School District Balsz Elementary District
Tax Lot 26
Cap Rate 7.25
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Interior
Flooring Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Total Bedrooms 25
Total Baths 20
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Exterior
Parking Features >1 Space Per Unit
Water Source City Franchise
Total Parking 20.0
Number of Buildings 5
Spa N
Lot Dimensions 100x360
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 1 320
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* Excluded Features
List By
Mco Realty

Broker

john.gurczak@gmail.com

Email

Affordability Calculator

$22,173
Per Month
97%
3%
0%
Monthly Principal & Interest
$21,411
Monthly Property Taxes
$762
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
4327165 Elementary School
4327058 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/16/2026$3,100,000 Listed Price

Map


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320 N 52ND Street, Phoenix, AZ, 85008 is a Multi-Family Home for sale at $3,100,000. 320 N 52ND Street has 25 bedrooms, 0.0 baths, and was built in 1964. The property's zip code is 85008 which is in Phoenix, AZ