2102 W Adams Street, Phoenix, AZ 85009
- $1,650,000
- Sold Price
- $1,650,000
- List Price
- $1,750,000
- Closing Date
- Apr 29, 2025
- Days on Market
- 224
- Status
- CLOSED
- MLS#
- 6749136
- City
- Phoenix
- Subdivision
- Capitol Addition
- Year Built
- 1921
Property Description
Unique W Downtown Phoenix area 16 unit complex. Under $110K/door & $224/sf! 9 of the 16 units have recently been upgraded w/ new roofs. Seller financing at 5.25% i/o with a 5 yr balloon at 45-50% LTV. 9+ CAP proforma. New construction apartments across the street w/ many owner-occupants within a block. The complex consists of 16 units (all 1 bedroom/1 bathroom (488/sf /-). 7800 total +/-. Nine buildings on six contiguous lots (36,400 total sf +/-). Ample surface parking. Three duplex buildings line Adams St (6). Four duplexes line 21st Ave with one SF house (9). 2105 W Monroe is the 16th unit. All separate electric/gas that is tenant-paid. Four water meters. Zoned R-3. Long-term owner. Rents range from $1000-$1297.
/u.realgeeks.media/sunshineexclusiveproperties/Logo-min.png){kind=logo}
Additional Information
- School District
- Phoenix Union High School District
- Community Features
- Other, See Remarks
- Construction
- Brick Veneer, Other, Brick
- Cooling
- Ceiling Fan(s), Other, See Remarks, Window/Wall Unit, Electric
- Electric
- APS, Individual Meter
- Flooring
- Other, Ceramic Tile, Vinyl
- Heating
- Other, See Remarks, Individual, Heat Pump, Window/Wall Unit(s), Electric
- New Financing
- Owner May Carry, Other (See Remarks), Conventional
- Parking Features
- Other, Assigned, Add'l Parking Avail, >1 Space Per Unit, Carport
- Roofing
- Composition
- Sewer
- Sewer-In & Connected, Public Sewer
- Subdivision
- Capitol Addition
- Taxes
- $518
- Tax Year
- 2023
- Units
- 16
- Water
- Other, See Remarks, City Franchise
- Zoning
- R-3
Courtesy of Better Homes & Gardens Real Estate SJ Fowler. 480-649-3536 Selling Office: Compass.
Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.