525 N 32ND Street, Phoenix, AZ 85008 (MLS# 6817995)

Thirteen on 32nd Street Apartments 525 & 526 N 32nd Street, Phoenix, AZ APNs: 121-17-026-A and 121-17-028-A Welcome to Thirteen on 32nd Street Apartments, a well-located multifamily investment opportunity in the heart of Phoenix, Arizona. Positioned directly across from the Celebrity Theatre and just minutes from Phoenix Sky Harbor International Airport, this property offers prime access to major freeways including the 202, 51, and I-10—placing residents within 10 minutes of Downtown Phoenix and key employment hubs. This offering includes two contiguous parcels comprising a total of 13 rental units across approximately 10,498 square feet. The unit mix offers flexibility and income diversity, featuring:

Supplements: 5 legal studio units, plus 1 additional studio added by the seller (currently renting for $750-$850; market rent approx. $950) 6 one-bedroom units (currently renting for $850; market rent approx. $950) 1 detached single-family residence: a 2-bedroom, 1-bath home with an attached 1-bedroom apartment With below-market rents and the area's rapidly increasing rental demand, Thirteen on 32nd presents a compelling value-add or repositioning opportunity for investors seeking immediate upside through rent stabilization and potential redevelopment. Seller's have put in storage units for tenants to collect additional income of average of 25 monthly. Tenants also can enjoy an onsite laundry room Residents enjoy private balconies or patios, and the property benefits from a high-visibility location close to Valley wise Health Medical Center VA hospital and major employers surrounding the airport corridor. This is a rare opportunity to acquire a strategically located, income-generating asset in a thriving urban submarket with significant growth potential. All figures are approximate. Buyer to verify all information.