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3810 North 9th Place

Phoenix AZ 85014

4
Multi-Family
Currently for sale - view listing

Overview

Income-producing property in central Phoenix featuring a 744 SF 2BR/1BA single-family home plus two attached 322 SF studio apartments, all on one parcel. Units are occupied, delivering steady in-place cash flow. Owner's financials reflect a 6.36% cap rate at the list price based on existing rents and expenses. Both studios include kitchenettes and share an attached laundry room. Situated on a 7,000 SF lot with R1-6 zoning and unassigned tenant parking. A rare opportunity to acquire a stabilized multi-unit configuration in a strong rental corridor near the VA Hospital, restaurants, and shopping. This is an owner/agent sale.

Features

4 carspaces
4 open car spaces
Multi-Family

Property history for 3810 North 9th Place

2023
Rented
Undisclosed
22 Sep 2023 by RE/MAX Professionals
2016
Rented
Undisclosed
12 Jan 2016 by RE/MAX Professionals

Happy sellers in Phoenix

88%
88% of sellers in Phoenix reported that their sale price either exceeded or met their price expectations.

Phoenix stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Phoenix over the last 12 months.

Local market activity for multi families in Phoenix

In the last 12 months, 18 multi families similar to 3810 North 9th Place, have been sold.

This represents a 88% decrease in multi families sales when compared to the previous 12 months.

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