1802 N 26th Place, Phoenix, AZ 85008 (MLS# 7092695)

1802 N 26th Place, Phoenix, AZ 85008

$1,849,000

Property Type: Multiple Dwellings Bedrooms: 22 Baths: 11 Status: Active

Current Price: $1,849,000 Last Modified: 10/12/2026

Overview

Description

1802 N 26th Pl is an attractive opportunity to acquire a fully occupied 10-unit multifamily asset generating an in-place cap rate of 6.33%, with additional upside through completing remaining interior & exterior renovations. Strong in-place rents and occupancy, coupled with a significant concentration of three and four-bedroom units, provide a compelling competitive advantage in a submarket with strong demand for larger floor plans. Built in 1960, the property has undergone substantial reconstruction and renovation, including five fully reconstructed units and two renovated units in 2021, while three units remain in classic condition. Recent capital improvements include new roofs, plumbing lines, electrical systems, and upgraded interiors across seven units.

Supplements: The favorable unit mix includes one studio, three one-bedrooms, one two-bedroom, four three-bedroom casitas, and one four-bedroom casita, providing broad tenant appeal and diversified rental demand. Select units offer private patios. All five three- and four-bedroom units have their own washer / dryer, and the remaining five units utilize on-site c ... (Read more)

Listing Details MLS# 7092695

Location, Tax & Legal

House Number: 1802
Compass: N
Street Name: 26th
St Suffix: Place
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Country: US
County Code: Maricopa
Assessor Number: 120-29-126-A
Tax Year: 2025

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 0.68
Year Built: 1960
Uncvrd Parking Spcs: 20
Total # of Units: 10
# of Buildings: 6
Zoning: R-5

Legal Info

Lot Number: 27

Efficiency Units

# Efficiency Units: Yes
Avg Rent: 950
Avg SqFt: 307
# Baths: Yes

More Information

1 Bedroom Units

# 1 Bedroom Units: 3
Avg Rent: 1183
Avg SqFt: 480
# Baths: Yes

2 Bedroom Units

# 2 Bedroom Units: Yes
Avg Rent: 1500
Avg SqFt: 745
# Baths: Yes

3 Bedrooms Units

# 3 Bedroom Units: 4
Avg Rent: 1494
Avg SqFt: 1100
# Baths: Yes

4 Bedrooms Units

# 4 Bedroom Units: Yes
Avg Rent: 1575
Avg SqFt: 1250
# Baths: 2

Structure

Bedrooms Total: 22
Bathrooms Total: 11

Income Expenses

Net Operating Income: 117079

Showing Notification Methods

Showing Service: No Showing Service Used

Property Features

Project Type: 5 - 12 Units Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Composition Floors: Vinyl; Ceramic Tile Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Desert Landscaping Interior Features: Unfurnished Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Microwave; Washer/Dryer; W/D Hookup Heating: Individual Cooling: Ceiling Fan(s); Electric; Individual Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: >1 Space Per Unit Road Surface Type: Gravel; Dirt; Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity Source of Fincl Data: Owner Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None New Financing: Cash; Conventional; 1031 Exchange Environmental: None

Listing Office: ABI Multifamily

Office Phone: 602-714-1400

Last Updated: October - 12 - 2026