845 2Nd Ave Phoenix, AZ 85003
Historic 16-unit multifamily investment
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- 16-unit apartment building in Downtown Phoenix, AZ.
- 13,696 square feet of net rentable space on a 0.31-acre lot, zoned R-3.
- $4,750,000 asking price ($346.82/SF, $296,875/unit).
- Strong NOI of $250,290 (pro-forma $259,528).
- Prime location in the Innovation Corridor, near major employers and Roosevelt Row.
Property Details for 845 2Nd Ave
- Property type
- Apartment buildings
- Square Feet
- 13,696 SF
- Year Built
- 1916
- Buildings
- 1
- Stories
- 2
- Lot Size (sq. ft)
- 13,504 SF
- Units
- 16
Location Insight
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Latitude
- 33.458506
- Longitude
- -112.0759026
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - Historic 16-unit multifamily investment
- Where is the apartment building located?
- The property is located at 845 2Nd Ave Phoenix, AZ.
- What is the asking price?
- The asking price for this property is $4,750,000.
- What are key features of this property?
- This property features: 16-unit apartment building in Downtown Phoenix, AZ.; 13,696 square feet of net rentable space on a 0.31-acre lot, zoned R-3.; $4,750,000 asking price ($346.82/SF, $296,875/unit).
- How can I contact the broker?
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