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610 N 4th Ave, Phoenix, AZ 85003

$1,800,000
  • 2

    bed

  • 2

    bath

Multi-family for sale 8 hours
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About 610 N 4th Ave

Property type Multi-family
Neighborhood
Year built 1959
HOA fee $0/month
Rental estimate
Property description
The D'art Apartments is a well-maintained 10-unit multifamily property in the heart of Downtown Phoenix. The property has been owned by the same family since its construction. The location puts residents within walking distance of Downtown Phoenix's restaurants, major employers, and entertainment venues, which supports steady tenant demand in one of the Valley's most active urban cores. The property has been consistently maintained under long-term ownership. It also offers investors an operational value-add opportunity through updated management practices, improved operating efficiencies, and alignment of rents with the surrounding market.
Listed by
Listing Agent - Garrett K Hemeyer
Listing Office - Orion Investment Real Estate
Source: ARMLS mls logo
MLS#7103570 • last updated 8 hours ago
Movoto checked ARMLS for data 8 minutes ago
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Overview
Cooling/AC Window/Wall Unit
Heating Window/Wall Unit(s)
MLS # 7103570
Type Multiple Dwellings
Status Active
Property Tax 1722
Year Built 1959
Interior
Total # of Bathrooms 10
Total # of Bedrooms 10
Flooring Vinyl, Concrete
Appliances Refrigerator, Free-Standing Gas Oven, Microwave
Exterior
Roof Built-Up
Construction Painted, Block, Brick
Parking Paved, Free, <1 Space Per Unit, On Street
# of Open Parking Spaces 6
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Community Features No Pool
Elementary School District Phoenix Elementary District
High School District Phoenix Union High School District
APN 111-39-025
Zoning DTC-S-ROO
Multifamily Details
Total # of Units 10
Expense: Operating 1722
Financial Data Source Projected Proforma
Vacancy Allowance 0.05
Net Operating Income 84551
Gross Income 117420
Gross Scheduled Income 123600
Lot/ Land Details
Road Surface Asphalt
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4/10
Kenilworth Elementary School
public Grades PK, K-8
Phoenix Elementary District
8/10
Phoenix Coding Academy
public Grades 9-12
Phoenix Union High School District
3/10
Central High School
public Grades 9-12
Phoenix Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

Around Downtown Phoenix

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87/100
Walk
74/100
Family
92/100
Dining
96/100
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  • Real Estate
  • AZ
  • Maricopa County
  • Phoenix
  • 85003
  • Downtown Phoenix
  • 610 N 4th Ave

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