Courtesy of ABI Multifamily
Property Description
COLTER 9 at 810 E Colter St, Phoenix is a 9-unit value-add condo package in Uptown Phoenix. Built in 1962 with classic mid-century block construction, this asset provides instant cash flow and immense upside near the thriving 7th St & Camelback corridor. THE ASSET: 9 individually parceled units (two 3BR, three 2BR, four 1BR). EXIT: Separate parcels support a portfolio sale or high-margin retail sales. VALUE-ADD: Modernize original interiors to maximize premium rental rates. LOCATION: Walkable to elite dining, light rail, and Madison School District. AMENITIES/HOA: Gated access, pools, covered parking. HOA covers exterior, roofs, water, sewer, and trash.
Open House
Property Details and Features
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Property Access
- Road Surface: Asphalt
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Bathrooms
- 14 total bathrooms
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Bedrooms
- 16 total bedrooms
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Building
- Built in 1962
- 3 buildings
- Construction Materials: Wood Frame, Painted, Block, Slump Block
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Community
- Pool
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Cooling
- Central Air
- Electric
- Individual
- 2 or More Units
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Disclosures
- None
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Expenses
- Insurance: $7,200
- Maintenance: $4,500
- Operating: $57,395
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Floors
- Carpet
- Vinyl
- Concrete
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Heating
- Individual
- Central
- 2 or More Units
- Electric
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Income
- Gross Income: $162,450
- Gross ScheduledIncome: $171,000
- Net Operating Income: $105,056
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Listing
- Listing ID: 7072364
- Standard Status: Active
- MLS Status: Active
- 8 days on market
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Location
- Subdivision: IMPERIAL PLAZA CONDOMINIUM
- County/Parish: Maricopa
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Lot
- Dimensions: IRR
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Parking
- 14 covered spaces
- 14 total parking spaces
- Off Street
- <1 Space Per Unit
- Carport
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Roof
- Composition
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Schools
- Elementary School: Madison Rose Lane School
- Elementary School District: Madison Elementary District
- Middle School: Madison #1 Elementary School
- High School: North High School
- High School District: Phoenix Union High School District
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Sewer
- Sewer-In & Connected
- Public Sewer
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Taxes
- Additional parcels description:
- Parcel Number: 162-15-089
- Public Survey Range: 3E
- Public Survey Section: 16
- Annual Amount: $3,138
- Tax Book Number: 162.00
- Legal Description: LOT 4 IMPERIAL PLAZA CONDOMINIUM MCR 024045
- Lot: 4
- Year: 2025
- Zoning: R-4, Phoenix
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Utilities
- Water Source: City Franchise
- APS
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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.