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Jefferson St - 7 Units 2002 W Jefferson St 7 Unit Apartment Building $799,000 ($114,143/Unit) 10.01% Cap Rate Phoenix, AZ 85009

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INVESTMENT HIGHLIGHTS

  • Near Downtown Phoenix
  • High Cap Rate Property

EXECUTIVE SUMMARY

Downtown Phoenix 7-Units . Offered at $114,142k per unit, this investment generates an estimated annual gross income of 104,000. Tenants are all month to month. Strong in-place returns in a high-demand rental market. Property sold as-is.

PROPERTY FACTS

Price $799,000
Price Per Unit $114,143
Sale Type Investment
Cap Rate 10.01%
Sale Conditions
1031 Exchange
  • Deferred Maintenance
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.16 AC
Building Size 1,900 SF
Average Occupancy 100%
No. Stories 1
Year Built 1935
Zoning M-M

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 1 $900.00 -
1+1 3 $1,266 -
2+1 3 $1,200 -
  • Listing ID: 36844541

  • Date on Market: 7/21/2025

  • Last Updated:

  • Address: 2002 W Jefferson St, Phoenix, AZ 85009

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