1018 N 22ND Place, Phoenix, AZ 85006 (MLS# 6981950)

1018 N 22ND Place, Phoenix, AZ 85006

$1,100,000

Property Type: Multiple Dwellings Status: Active

Current Price: $1,100,000 Last Modified: 6/16/2026

Overview

Description

1018 & 1022 North 22nd Place is an 8-unit, garden-style apartment community built in 1986, featuring a desirable unit mix of 100% two-bedroom, one-bathroom apartments. The property is comprised of two individually parceled fourplexes, offering flexibility for financing or future disposition strategies. Each unit is separately metered for electricity and includes ample on-site parking. Ideally located just minutes from Downtown Phoenix, Sky Harbor International Airport, and major freeway access, the asset provides a clear value-add opportunity through interior and exterior upgrades and presents strong upside potential.

Listing Details MLS# 6981950

Location, Tax & Legal

House Number: 1018
Compass: N
Street Name: 22ND
St Suffix: Place
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
Zip4: 3172
Country: US
County Code: Maricopa
Assessor Number: 116-04-098-B
Tax Year: 2025
Assessor's Map #: 4
Legal Description (Abbrev): S 50' OF N 100' OF W 126' OF E 587' OF W 990' OF S2 S2 SE4 NE4 .14 AC
Assessor's Parcel #: 98
Assessor Parcel Ltr: B
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 113300
Taxes: 681
Legal: S 50' OF N 100' OF W 126' OF E 587' OF W 990' OF S2 S2 SE4 NE4 .14 AC
Marketing Name: 1018 & 1022 N 22nd Place

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 12,500 sqft
Year Built: 1986
Uncvrd Parking Spcs: 13
Total # of Units: 8
# of Buildings: 4
Zoning: R-5
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District

Legal Info

Township: 1N
Range: 3E
Section: 3

Showing Notification Methods

Showing Service: No Showing Service Used

More Information

2 Bedroom Units

# 2 Bedroom Units: 8
Avg Rent: 1089
Avg SqFt: 645
# Baths: Yes

Project Type

5 - 12 Units: Yes

Construction

Wood Frame: Yes

Const - Finish

Stucco: Yes

Roofing

Composition: Yes

Floors

Tile: Yes
Vinyl: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 681
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0

Pmt & Rate Info

Equity: 1250000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Lockbox Type

None: Yes

Community Features

Other: Yes

Heating

Electric: Yes
Individual: Yes

Cooling

Electric: Yes
Individual: Yes

Tenant Pays

Electricity: Yes

Appliances Included

Built-In Electric Oven: Yes
Microwave: Yes
Refrigerator: 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 Per Unit: Yes

Electric

Individual Meter: Yes

Gas

None: Yes

Owner Pays

Water: Yes
Sewer: Yes
Trash Collection: Yes

New Financing

Cash: Yes
Conventional: Yes
1031 Exchange: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: 5 - 12 Units Construction: Wood Frame Const - Finish: Stucco Roofing: Composition Floors: Tile; Vinyl Sale Includes: Land & Building Community Features: Other Appliances Included: Built-In Electric Oven; Refrigerator; Microwave Heating: Individual Cooling: Electric; Individual Water Source: City Franchise Sewer: Sewer - Public Electric: Individual Meter Gas: None Parking Features: >1 Space Per Unit Road Surface Type: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electricity Source of Fincl Data: Owner Lockbox Type: None New Financing: Cash; Conventional; 1031 Exchange Environmental: None

Listing Office: ABI Multifamily

Last Updated: June - 16 - 2026