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Sold on 02/20/2024

616 N 10th Ave, Phoenix, AZ 85007

$2,080,000

Last sold 02/20/2024 after 70 Days

  • 11

    bed

  • 8

    bath

Multi-family not for sale
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About 616 N 10th Ave

Property type Multi-family
Neighborhood
Year built 1936
HOA fee $0/month
Property description
Property to be purchased with 616 N 10th Ave, total price is $2,100,000 for all 8 units. 614 - 616 North 10th Avenue is a 100% occupied newly renovated 8-unit boutique apartment community that offers an attractive unit mix including (5) one-bedroom / one-bathroom units, (2) two-bedroom / one-bathroom casitas, & (1) two-bedroom / two-bathroom unit. Six of the eight units have fully landscaped private backyards complete with pavers, plants, drip system and accent lighting. No expense was spared in the renovations with more than $640,000 of capital improvements.
Listed by
Listing Agent - Dallin J Hammond
Listing Office - ABI Multifamily
Source: ARMLS mls logo
MLS#6642485 • last updated 2 years ago
Movoto checked ARMLS for data 3 minutes ago
Overview
Cooling/AC Individual
Heating Individual
MLS # 6642485
Type Multiple Dwellings
Status Closed
Property Tax 530
Year Built 1936
Interior
Flooring Vinyl
Appliances Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Exterior
Roof Composition
Construction Wood Frame, Stucco, Block
# of Open Parking Spaces 8
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision UNIVERSITY ADDITION
Community Features No Pool
Elementary School District Phoenix Elementary District
High School District Phoenix Union High School District
APN 111-29-191
Zoning R-5
Multifamily Details
Total # of Units 8
Expense: Operating 530
Financial Data Source Owner, Projected Proforma
Vacancy Allowance 0.05
Net Operating Income 118458
Gross Income 155458
Gross Scheduled Income 156840
We are not permitted to show value estimates for this property.
  • Feb 2024
    mls logo MLS # 6642485
  • Feb 20, 2024 Sold
    —
  • Feb 16, 2024 Pending
    —
  • Feb 16, 2024 Listed
    —
  • Feb 16, 2024 Sold
    $2,080,000
  • Jan 15, 2024 Active
    —
  • Dec 12, 2023 Listed
    $2,100,000 (-2.6%)
  • Feb 2024
    Public Records
  • Feb 16, 2024 Sold
    $2,080,000 (-1.0%)
  • Mar 2021
    Public Records
  • Mar 23, 2021 Sold
    $2,155,000 (+977.5%)
  • Mar 2009
    Public Records
  • Mar 27, 2009 Sold
    $200,000
  • Year Property taxes Tax assessment
  • 2024
    $535 +1.0%
    $32,870 -16.56%
  • 2023
    $530 +3.7%
    $39,394 +70.09%
  • 2022
    $511 +0.7%
    $23,160 +52.77%
  • 2021
    $507 -1.1%
    $15,160 +23.86%
  • 2020
    $513
    $12,240
  • 616 N 10th Ave
    $2.08M
  • Central City
    $445K
  • 85007
    $492K -13% y/y
  • Phoenix
    $454K -2% y/y
No chart available
Statistics calculated by Movoto

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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.

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