1001 N 9th Street, Phoenix, AZ 85006

$1,225,000
Property Type: Multiple Dwellings Bedrooms: 8 Baths: 8 Status: Active
Current Price: $1,225,000 Last Modified: 9/15/2026

Overview

Description

Prime downtown Phoenix multifamily opportunity just steps from the vibrant Roosevelt Row Arts District. This property offers unbeatable walkability to restaurants, local boutiques, art galleries, sports venues, and major employment centers, making it a highly desirable location for renters seeking convenience and culture. * Low-maintenance units consisting of efficient studio's and 1-bedroom floor plans*Turnkey investment with rents already at market rate*Seller-managed, demonstrating strong pride of ownership*Ideal for investors seeking stable cash flow and minimal operational complexity* Located in one of Phoenix's most dynamic and walkable urban corridors. All facts and figures approximate, buyer to verify to their own satisfaction.

Listing Details MLS# 7078296

Location, Tax & Legal

House Number
1001
Compass
N
Street Name
9th
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85006
Country
US
County Code
Maricopa
Assessor Number
116-31-114
Tax Year
2025
Assessor's Map #
31
Assessor's Parcel #
114
Add'l Parcels
No
Tax Municipality
Phoenix
Taxes
1843
Legal
Brill Lot 1 BLK 10 WQ 137 EX n 50
Marketing Name
8 on 9th St

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
136 x 50
Year Built
1984
Uncvrd Parking Spcs
9
Total # of Units
8
# of Buildings
Yes
Zoning
R-5

Remarks Misc

Cross Street
7th St and Roosevelt
Directions
East on Roosevelt to 9th St. Property on Northeast Corner.

Legal Info

Lot Number
Yes

Efficiency Units

# Efficiency Units
6
Avg Rent
950
Avg SqFt
266
# Baths
Yes

More Information

1 Bedroom Units

# 1 Bedroom Units
2
Avg Rent
1010
Avg SqFt
410
# Baths
Yes

Structure

Bedrooms Total
8
Bathrooms Total
8

Income Expenses

Gross Annual Sch Inc
93060
Net Operating Income
79041

Showing Notification Methods

Showing Service
Aligned Showings
Phone Call
Yes

Project Type

5 - 12 Units
Yes

2 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Construction

Wood Frame
Yes

Const - Finish

Stucco
Yes

Roofing

Built-Up
Yes
Tile
Yes

Floors

Tile
Yes
Vinyl
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Annual Ins Exp
3084
Annual Maint Exp
3000
Annual Wtr/Swr Exp
3300
Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
11227
Other Income
0
Vacancy Allowance
0.03
Adjusted Gross Inc
90268.2

Pmt & Rate Info

Cap Rate
6.45
Equity
1225000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

See Private Remarks
Yes

Community Features

Other
Yes

Heating

Heat Pump
Yes
Individual
Yes

Cooling

Electric
Yes
Heat Pump
Yes
Individual
Yes

Exterior Amenities

Other (See Remarks)
Yes

Interior Features

Other (See Remarks)
Yes

Tenant Pays

Electricity
Yes

Appliances Included

Microwave
Yes
Refrigerator
Yes
Free-Standing Range
Yes

Road Access Type

City Street
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

1 Space/Unit
Yes

Electric

APS
Yes

Gas

None
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes

New Financing

Cash
Yes
Conventional
Yes
No Carry
Yes
1031 Exchange
Yes

Existing 1st Loan

Other (See Rmks)
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Property Features

Project Type: 5 - 12 Units Construction: Wood Frame Const - Finish: Stucco Roofing: Built-Up; Tile Floors: Tile; Vinyl Sale Includes: Land & Building Community Features: Other Exterior Amenities: Other (See Remarks) Interior Features: Other (See Remarks) Appliances Included: Free-Standing Range; Refrigerator; Microwave Heating: Individual; Heat Pump Cooling: Electric; Heat Pump; Individual Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: None Parking Features: 1 Space/Unit Road Access Type: City Street Road Surface Type: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electricity Source of Fincl Data: Owner Showing Notification Methods: Phone Call Lockbox Type: See Private Remarks Existing 1st Loan: Other (See Rmks) New Financing: Cash; Conventional; No Carry; 1031 Exchange Environmental: None
IDX
Listing Office: Levrose Real Estate
Last Updated: September - 15 - 2026
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