Courtesy of ABI Multifamily
Property Description
314 West Roosevelt Street is a 12-unit apartment community on a rare half-acre double lot that offers expansion potential under DTC-S-ROO zoning. Situated in the heart of Roosevelt Row and located within Phoenix’s first-ever historic district, this is one of the earliest apartment buildings in Phoenix. Built in 1913 and fully modernized in the mid-1990s (all new; plumbing/sewer, electrical, roof trusses & structural improvements) full blueprints are available. The property features (12) 1-Bed / 1-Bath units (~650 SF Avg), on-site laundry, ample parking, and a community terrace. Residents are sure to appreciate being in Downtown Phoenix’s premier arts, dining, and culture corridor. The property provides immediate access to the light-rail & I-10. Drive By Only, Do Not Disturb Tenants!
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Property Details and Features
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Property Access
- Road Surface: Concrete, Asphalt
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Appliances & Equipment
- Built-In Range
- Dishwasher
- Refrigerator
- Microwave
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Bathrooms
- 12 total bathrooms
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Bedrooms
- 12 total bedrooms
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Building
- Built in 1924
- 1 building
- Construction Materials: Painted, Stucco, Block, Brick
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Community
- No Pool
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Cooling
- Central Air
- Individual
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Disclosures
- Other (See Remarks)
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Expenses
- Operating: $8,456
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Floors
- Wood
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Heating
- Individual
- Central
- Heat Pump
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Income
- Gross Income: $205,183
- Gross ScheduledIncome: $208,080
- Net Operating Income: $147,893
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Listing
- Listing ID: 7007952
- Standard Status: Active
- MLS Status: Active
- 155 days on market
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Location
- Subdivision: KENILWORTH BLKS 7-14
- County/Parish: Maricopa
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Lot
- Dimensions: 149ft x 146ft
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Owner Pays
- Trash Collection
- Water
- Sewer
- Landscaping
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Parking
- 20 open parking spaces
- 20 total parking spaces
- Paved
- Add’l Parking Avail
- >1 Space Per Unit
- On Street
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Roof
- Composition
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Schools
- Elementary School District: Phoenix Elementary District
- High School District: Phoenix Union High School District
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Sewer
- Public Sewer
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Taxes
- Additional parcels description:
- Parcel Number: 111-32-026
- Public Survey Range: 3E
- Public Survey Section: 5
- Annual Amount: $8,456
- Tax Book Number: 111.00
- Legal Description: LOT 7 2 KENILWORTH BLKS 7-14 MCR 000839
- Lot: 7 2
- Year: 2025
- Zoning: DTC-S-ROO
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Utilities
- Water Source: City Franchise
- APS
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This content last updated on September 5, 2026 5:58AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.