2802 N 36th Street, Phoenix, AZ 85008

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Sold Price
$780,000
List Price
$780,000
Closing Date
Aug 21, 2025
Days on Market
116
Status
CLOSED
MLS#
6858446
City
Phoenix
Bedrooms
6
Bathrooms
4
Year Built
1956

Property Description

Mailbox money calling! Fully rented multifamily near Arcadia with 6 bedrooms and 4 bathrooms on over 1/4 acre lot with very landlord friendly units. This primarily block property has been remodeled 3 years ago and in that time completed a new roof, flooring, appliances, cabinets, water heater, landlord thermostats, rolling gates, comes with over $9k in security deposits. Landscape on drip system. Zoned R-5 high density multifamily which allows for more units on this parcel. Developments all around the area. Priced at a 8.5% cap rate. Do not disturb tenants. Motivated seller.

Additional Information

Community Features
No Pool
Construction
Block, Painted, Stucco
Cooling
Heat Pump, 2 or More Units
Electric
SRP
Heating
Electric
New Financing
Conventional, Lease Purchase, No Carry, Cash
Parking Features
1 Space/Unit
Roofing
Composition
Sewer
Public Sewer, Sewer-In & Connected
Taxes
$2,364
Tax Year
2024
Tenant Pays
None
Units
4
Water
Master Meter
Zoning
R-5

Courtesy of Barrett Real Estate. 480-864-2100 Selling Office: A.Z. & Associates.

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