Price:
$4,000,000
Units:
28
Status:
Active
Year Built:
1960
Days on Website:
66
Courtesy of Marcus & Millichap
Property Description
20% PRICE REDUCTION. Originally developed in 1960, the property’s unit mix features a desirable blend of one studio (±4%) and spacious one-bedroom (±35%) and two-bedroom (±61%) floorplans covering an average of ±728 square feet. Future ownership will have the opportunity to implement an interior renovation program to upgrade the remaining classic units and capitalize on the associated interior renovation premium already proven in the immediate area.
Open House
Property Details and Features
-
Property Access
- Road Surface: Asphalt
-
Appliances & Equipment
- Refrigerator
- Free-Standing Electric Oven
- Washer/Dryer
-
Bathrooms
- 390 total bathrooms
-
Bedrooms
- 45 total bedrooms
-
Building
- Built in 1960
- 2 buildings
- Construction Materials: Painted, Block
-
Community
- No Pool
-
Cooling
- Central Air
- Electric
- Individual
-
Disclosures
- None
-
Expenses
- Electric: $7,267.41
- Fuel: $1,028.89
- Gardener: $4,140.67
- Insurance: $18,107
- Maintenance: $27,026.9
- Operating: $153,509
- Trash: $19,334.2
- Water/Sewer: $19,336.3
- Other Expense: $17,183
-
Floors
- Ceramic Tile
-
Heating
- Individual
- Electric
-
Income
- Gross Income: $477,811
- Gross ScheduledIncome: $404,337
- Net Operating Income: $255,219
-
Listing
- Listing ID: 7048772
- Standard Status: Active
- MLS Status: Active
- 65 days on market
-
Location
- County/Parish: Maricopa
-
Lot
- Dimensions: 40,511
-
Owner Pays
- Gas
- Trash Collection
- Water
- Sewer
- Landscaping
-
Parking
- 45 open parking spaces
- 45 total parking spaces
- >1 Space Per Unit
-
Roof
- Composition
-
Schools
- Elementary School District: Creighton Elementary District
- High School District: Phoenix Union High School District
-
Sewer
- Public Sewer
-
Taxes
- Additional parcels description:
- Parcel Number: 121-03-023
- Annual Amount: $10,823.7
- Tax Book Number: 121.00
- Lot: Ukn
- Year: 2025
- Zoning: R-4
-
Utilities
- Water Source: Master Meter, City Franchise
- SRP
Property Map
$4,000,000 – 1412 N 35th Street, Phoenix, AZ 85008
Street View
Market Trends for 85008, Phoenix, AZ
Nearby Schools
Brian Young PLLC
DPR Realty LLC
brian@07k.d98.myftpupload.com
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
brian@07k.d98.myftpupload.com
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 7:38AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.