2002 W JEFFERSON Street, Phoenix, AZ 85009
$1,019,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$1,019,000
Last Modified:
7/17/2025
Description
Prime Downtown Phoenix 7-Units
7.3% Cap Rate. Offered at $145,000 per unit, this investment generates an estimated annual gross income of $99,600. Tenants are all month to month. Strong in-place returns in a high-demand rental market.
All figures are approximate; Buyer to independently verify all facts and financials.
More Information MLS# 6893837
Contract Info
Current Price: $1,019,000
List Price: $1,019,000
Status: Active
List Date: 2025-07-17
Ownership: Fee Simple
Location Tax Legal
House Number: 2002
Compass: W
Street Name: JEFFERSON
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85009
Zip4: 5221
County Code: Maricopa
Subdivision: CAPITOL ADDITION
Assessor Number: 109-49-120
Tax Year: 2024
General Property Description
Lot Size Dimensions: 7,000
Year Built: 1935
Uncvrd Parking Spcs: 7
Total # of Units: 7
# of Buildings: 3
Zoning: R-3
Flood Zone: Yes
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Remarks Misc
Cross Street: Jefferson St & 20th Ave
Geo Lat: 33.447317
Geo Lon: -112.102442
Legal Info
Township: 1N
Range: 2E
Section: 12
Lot Number: 24
Income Expenses
Gross Annual Sch Inc: 99600
Net Operating Income: 73879
Showing Notification Methods
Showing Service: No Showing Service Used
Property Features
Project Type: 5 - 12 Units
Construction: See Remarks
Const - Finish: Other (See Remarks)
Roofing: Composition
Floors: Vinyl
Sale Includes: Building(s) Only
Community Features: No Pool; See Remarks
Appliances Included: Built-In Electric Oven; Refrigerator; Washer/Dryer
Heating: Other
Cooling: Other
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas; City Gas
Parking Features: >1 Space Per Unit
Owner Pays: Water; Electric; Gas
Tenant Pays: Cable TV; None
Source of Fincl Data: Owner
Showing Notification Methods: Email; Phone Call
Lockbox Type: None
New Financing: Cash; Conventional; No Carry; 1031 Exchange
Environmental: None
Listing Office: Compass
Last Updated: July - 17 - 2025
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