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719 W Missouri Ave 5 Unit Apartment Building $1,400,000 ($280,000/Unit) Phoenix, AZ 85013
Investment Highlights
- Office-to-Residential Conversion
- Prime Central Location
- Turnkey & Low Maintenance
Executive Summary
Office-to-Residential Conversion — Thoughtfully redesigned from its former office use into modern residential units with updated systems and contemporary finishes.
Turnkey & Low Maintenance — No deferred maintenance, new/updated mechanicals, and simple operations mean minimal management headaches.
Small Form Factor — A rare opportunity to acquire essentially brandnew, turnkey multifamily at a bite-sized price point in a supply-constrained area.
Prime Central Location — Minutes from the Biltmore District and Uptown’s popular restaurant and retail corridors along 7th Street and Central.
Strong Resident Appeal — Modern interiors, in-unit laundry, and boutique scale support steady demand and durable rents.
Turnkey & Low Maintenance — No deferred maintenance, new/updated mechanicals, and simple operations mean minimal management headaches.
Small Form Factor — A rare opportunity to acquire essentially brandnew, turnkey multifamily at a bite-sized price point in a supply-constrained area.
Prime Central Location — Minutes from the Biltmore District and Uptown’s popular restaurant and retail corridors along 7th Street and Central.
Strong Resident Appeal — Modern interiors, in-unit laundry, and boutique scale support steady demand and durable rents.
Property Facts
| Price | $1,400,000 | Lot Size | 0.26 AC |
| Price Per Unit | $280,000 | Building Size | 3,560 SF |
| Sale Type | Investment | Average Occupancy | 80% |
| No. Units | 5 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2022 |
| Property Subtype | Apartment | Parking Ratio | 2.25/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | C-2 - C-2 (R-3 Standards to follow) | ||
| Price | $1,400,000 |
| Price Per Unit | $280,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 3,560 SF |
| Average Occupancy | 80% |
| No. Stories | 1 |
| Year Built | 2022 |
| Parking Ratio | 2.25/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C-2 - C-2 (R-3 Standards to follow) |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Stainless Steel Appliances
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Pet Play Area
- Trash Pickup - Curbside
- Car Charging Station
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | - | 620 |
| 1+1 | 1 | - | 720 |
| 2+1 | 1 | - | 914 |
1 1
Walk Score®
Very Walkable (75)
Property Taxes
| Parcel Number | 156-43-001A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $55,418 |
Property Taxes
Parcel Number
156-43-001A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$55,418
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719 W Missouri Ave
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