909 S 35TH Avenue, Phoenix, AZ 85009 (MLS# 7025359)

909 S 35TH Avenue, Phoenix, AZ 85009

$1,110,000

Property Type: Multiple Dwellings Status: Active

Current Price: $1,110,000 Last Modified: 5/08/2026

Overview

Description

Discover a prime investment opportunity in strong central Phoenix with this fully occupied 8-unit multifamily complex generating consistent cash flow from day one. This exceptional property comprises three spacious 1-bedroom, 1-bathroom units and five efficient studio units, perfectly positioned to capitalize on the area's high demand for affordable rentals where vacancies remain rare. Each unit features its own electrical sub-panel for independent metering and billing. While all three 1-bedroom units boast in-unit washer/dryers for premium tenant appeal, and studios share a convenient on-site laundry facility. The property is fully fenced with one dedicated parking spot per unit, creating a secure and organized community.

Supplements: Major systems including plumbing, electrical, and HVAC were professionally upgraded in 2021, ensuring reliability and minimal maintenance concerns for years to come. The property is well-maintained with regular upkeep including fresh paint and timely repairs. With its R-5 zoning allowing for maximum density in multifamily development, this property ... (Read more)

Listing Details MLS# 7025359

Location, Tax & Legal

House Number: 909
Compass: S
Street Name: 35TH
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85009
Zip4: 5501
Country: US
County Code: Maricopa
Subdivision: TIERRA VERDE
Assessor Number: 109-58-047
Tax Year: 2025
Assessor's Map #: 58
Legal Description (Abbrev): TIERRA VERDE MCR 36/21 LOT 9 EX W 40F
Assessor's Parcel #: 47
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 114500
Taxes: 988
Legal: TIERRA VERDE MCR 36/21 LOT 9 EX W 40F
Marketing Name: Aurora Apartments

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 74' x 123'
Year Built: 1946
Uncvrd Parking Spcs: 8
Total # of Units: 8
# of Buildings: Yes
Zoning: R-5
Flood Zone: No
Elementary School District: Murphy Elementary District
High School District: Phoenix Union High School District

Remarks Misc

Cross Street: 35th Ave & Hadley St

Legal Info

Township: 1N
Range: 2E
Section: 11
Lot Number: 9

Income Expenses

Gross Annual Sch Inc: 126332.68

More Information

Showing Notification Methods

Showing Service: No Showing Service Used

Efficiency Units

# Efficiency Units: 5
Avg Rent: 1053
Avg SqFt: 230
# Baths: Yes

1 Bedroom Units

# 1 Bedroom Units: 3
Avg Rent: 1370
Avg SqFt: 550
# Baths: Yes

Project Type

5 - 12 Units: Yes

Construction

Block: Yes

Const - Finish

Stucco: Yes

Roofing

Composition: Yes

Floors

Vinyl: Yes
Ceramic Tile: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 988
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 126332.68

Pmt & Rate Info

Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Lockbox Type

None: Yes

Community Features

No Pool: Yes
Play Area: Yes
Barbecue: Yes
Other: Yes

Heating

Electric: Yes

Cooling

Electric: Yes

Exterior Amenities

Desert Landscaping: Yes
Fenced: Yes
Sidewalk(s): Yes
Security Light(s): Yes

Interior Features

Unfurnished: Yes
Fire/Smoke Alarm(s): Yes
Mini Blinds: Yes

Tenant Pays

Gas: Yes
Water: Yes
Sewer: Yes
Electricity: Yes
Trash Collection: Yes
Other (See Remarks): Yes

Appliances Included

Disposal: Yes
Microwave: Yes
Refrigerator: Yes
Built-In Range: Yes
Washer/Dryer: Yes

Road Access Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Accountant: Yes

Road Responsibility

City Maintained Road: Yes

Water Source

Master Meter: Yes

Sewer

Sewer - Public: Yes

Parking Features

1 Space/Unit: Yes
Paved: Yes

Electric

APS: Yes
Master Meter: Yes

Gas

SW Gas: Yes
Master Meter: Yes

Owner Pays

Landscaping: Yes
See Remarks: Yes

New Financing

Cash: Yes
Conventional: Yes
1031 Exchange: Yes

Special

Owner/Agent: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

2 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: 5 - 12 Units Construction: Block Const - Finish: Stucco Roofing: Composition Floors: Vinyl; Ceramic Tile Sale Includes: Land & Building Community Features: No Pool; Play Area; Barbecue; Other Exterior Amenities: Desert Landscaping; Fenced; Sidewalk(s); Security Light(s) Interior Features: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds Appliances Included: Built-In Range; Refrigerator; Disposal; Microwave; Washer/Dryer Cooling: Electric Water Source: Master Meter Sewer: Sewer - Public Electric: APS; Master Meter Gas: SW Gas; Master Meter Parking Features: 1 Space/Unit; Paved Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Landscaping; See Remarks Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection; Other (See Remarks) Source of Fincl Data: Accountant Special: Owner/Agent Lockbox Type: None New Financing: Cash; Conventional; 1031 Exchange Environmental: None

Listing Office: Fathom Realty

Last Updated: May - 08 - 2026