1220 S 10TH Avenue, Phoenix, AZ 85007 (MLS# 7037076)

1220 S 10TH Avenue, Phoenix, AZ 85007

$299,900

Property Type: Multiple Dwellings Bedrooms: 11 Baths: 60 Status: Active

Current Price: $299,900 Last Modified: 10/19/2026

Overview

Description

**HOT INVESTMENT OPPORTUNITY! CURRENTLY VACANT - 4 UNITS | ~$4,800+ POTENTIAL MONTHLY RENT | MAJOR RENOVATIONS ALREADY COMPLETED!** **Investors, don't miss this Central Phoenix opportunity!** This value-add 4-unit multifamily property offers incredible income potential with most interior renovations already completed. Finish the final improvements and unlock the property's full earning potential! The owner began extensive renovations but had to relocate overseas due to family and work commitments, creating an opportunity for the next investor to complete the project. **FOUR INCOME-PRODUCING UNITS:** - **3 Bed / 2 Bath:** Spacious front unit with beautifully renovated bathrooms and private laundry room. Market rent $1,900

Supplements: - **2 Bed / 1 Bath:** Rear unit with renovated kitchen (shared laundry) Market rent $1,200 - **1 Bed / 1 Bath:** Rear unit with renovated kitchen (shared laundry)Market rent $999 - **Studio:** Additional rental income opportunity. Market rent $699 All three rear units feature private entrances for added tenant privacy. **WHY INVESTORS WILL LOVE ... (Read more)

Listing Details MLS# 7037076

Location, Tax & Legal

House Number: 1220
Compass: S
Street Name: 10TH
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85007
Zip4: 3923
Country: US
County Code: Maricopa
Subdivision: DANIELS 2ND ADDITION
Assessor Number: 105-01-051
Tax Year: 2025

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 5889
Year Built: 1940
Total # of Units: 4
# of Buildings: 2
Zoning: residential
Flood Zone: No
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Mary Mcleod Bethune School
Jr. High School: Mary Mcleod Bethune School
High School: Central High School

Remarks Misc

Cross Street: 7th Ave/Buckeye
Directions: West to 10th ave then North to house

Legal Info

Township: 1N
Range: 3E
Section: 18
Lot Number: 14

Efficiency Units

# Efficiency Units: 4
Avg Rent: 1200
Avg SqFt: 1000
# Baths: 15

More Information

1 Bedroom Units

# 1 Bedroom Units: 2

2 Bedroom Units

# 2 Bedroom Units: Yes

3 Bedrooms Units

# 3 Bedroom Units: Yes

Structure

Bedrooms Total: 11
Bathrooms Total: 60

Income Expenses

Gross Annual Sch Inc: 48000
Net Operating Income: 61883

Showing Notification Methods

Showing Service: Aligned Showings

Property Features

Project Type: Four Plex Other Type: Other (See Remarks) Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Tile Floors: Vinyl; Ceramic Tile Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Fenced; Security Light(s) Interior Features: Fire/Smoke Alarm(s) Appliances Included: Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Heating: Individual; Heat Pump Cooling: Heat Pump Water Source: City Franchise; Master Meter Sewer: Sewer - Public Electric: APS; Master Meter Gas: SW Gas; Master Meter Parking Features: Carport Road Surface Type: Concrete Owner Pays: None; See Remarks Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection; Cable TV; Landscaping; Other (See Remarks) Source of Fincl Data: Projected Proforma Lockbox Type: None New Financing: Cash; Conventional; No Carry; Other (See Remarks) Environmental: None

Listing Office: Kosh Realty

Office Phone: 602-550-4842

Office Email: kiran@kiranandkiran.com

Last Updated: October - 19 - 2026