MLS# 6951020 – 8910-8912 N 3rd Street, Phoenix, AZ 85020

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$1,500,000 - 12Br/Ba - for Sale in Sunnyslope, Phoenix
Price: $1,500,000
Units: 10
Status: Active
Year Built: 1945
Neighborhood: Sunnyslope
Days on Website: 283

Courtesy of The Broker Reserve LLC

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Property Description

100% OCCUPIED + FULLY UPDATED ELECTRICAL & WIRING. Fully renovated 10-unit multifamily asset in the highly desirable Uptown Phoenix submarket. The property features a compelling unit mix across two contiguous parcels and benefits from approximately $355,000 of capital improvements completed over the last 1.5 years. With strong leasing momentum, stabilized operations, and market rent upside, this property is well-positioned for both yield-focused and appreciation-driven investors.

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Property Details and Features

  • Property Access
  • Road Surface: Asphalt
  • Bathrooms
  • 10 total bathrooms
  • Bedrooms
  • 12 total bedrooms
  • Building
  • Built in 1945
  • 1 building
  • Construction Materials: Brick Veneer, Painted, Block
  • Community
  • No Pool
  • Cooling
  • Central Air
  • Ceiling Fan(s)
  • Window/Wall Unit
  • Disclosures
  • None
  • Expenses
  • Insurance: $6,985
  • Maintenance: $11,000
  • Operating: $29,092.9
  • Trash: $3,325
  • Water/Sewer: $5,051
  • Exterior Features
  • Sidewalk(s)
  • Floors
  • Vinyl
  • Concrete
  • Heating
  • Electric
  • Natural Gas
  • Income
  • Gross Income: $142,080
  • Gross ScheduledIncome: $132,000
  • Net Operating Income: $112,987
  • Listing
  • Listing ID: 6951020
  • Standard Status: Active
  • MLS Status: Active
  • On market as of 2025-11-26
  • 282 days on market
  • Location
  • Subdivision: SUNNYSLOPE
  • County/Parish: Maricopa
  • Lot
  • Dimensions: 100 x 125
  • Parking
  • 10 open parking spaces
  • 10 total parking spaces
  • Paved
  • >1 Space Per Unit
  • Roof
  • Composition
  • Schools
  • Elementary School: Desert View Elementary School
  • Elementary School District: Washington Elementary School District
  • Middle School: Royal Palm Middle School
  • High School: Sunnyslope High School
  • High School District: Glendale Union High School District
  • Sewer
  • Public Sewer
  • Taxes
  • Additional parcels description:
  • Parcel Number: 160-50-087
  • Public Survey Range: 3E
  • Public Survey Section: 32
  • Annual Amount: $2,731.86
  • Tax Book Number: 160.00
  • Legal Description: SUNNY SLOPE
  • Lot: 20
  • Year: 2024
  • Zoning: R-5
  • Utilities
  • Water Source: City Franchise
  • APS
  • Individual Meter

Property Map

$1,500,000 – 8910-8912 N 3rd Street, Phoenix, AZ 85020

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Brian Young PLLC
DPR Realty LLC
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653)
8341 E Gelding Drive, Scottsdale, AZ 85260
Fax:

Request More Information

Brian Young PLLC
DPR Realty LLC
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653)
8341 E Gelding Drive, Scottsdale, AZ 85260
Fax:

Schedule a Showing

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This content last updated on September 5, 2026 6:08AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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