320 N 52ND Street, Phoenix, AZ 85008

$3,100,000
Property Type: Multiple Dwellings Bedrooms: 25 Baths: 20 Status: Active
Current Price: $3,100,000 Last Modified: 10/16/2026

Overview

Description

Exceptional Investment Opportunity in a Prime Phoenix Location! Papago View Apartments is a 20 Unit Complex consisting of 5 buildings with 4 units each. Built in 1964 with Solid Block Construction on a 36,000 sq. ft. lot, 19 of the 20 Units have been remodeled with new appliances, cabinetry, countertops & HVAC units. The unit mix is 15 One Bedroom Units and 5 Two Bedroom Units with several units having a private yard. Located just off the Loop 202, tenants enjoy quick commutes & proximity to many outdoor attractions such as Papago Park & the Phoenix Zoo. Exterior Inspection Only. Interior Inspection Only Upon Accepted Contract Unless Vacant Unit is Available.

Listing Details MLS# 7094624

Location, Tax & Legal

House Number
320
Compass
N
Street Name
52ND
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85008
Zip4
6738
Country
US
County Code
Maricopa
Subdivision
PAPAGO ADDITION 3
Assessor Number
125-05-026
Tax Year
2025

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
100x360
Year Built
1964
Uncvrd Parking Spcs
20
Total # of Units
20
# of Buildings
5
Zoning
R-5
Elementary School District
Balsz Elementary District
High School District
Phoenix Union High School District

Remarks Misc

Directions
South on 52nd Street to property on West side of the one way street, just North of Van Buren

Legal Info

Township
1N
Range
4E
Section
5
Lot Number
26

1 Bedroom Units

# 1 Bedroom Units
15
Avg Rent
1150
Avg SqFt
625
# Baths
Yes

More Information

2 Bedroom Units

# 2 Bedroom Units
5
Avg Rent
1450
Avg SqFt
805
# Baths
Yes

Structure

Bedrooms Total
25
Bathrooms Total
20

Income Expenses

Gross Annual Sch Inc
294000
Net Operating Income
224653

Showing Notification Methods

Showing Service
Aligned Showings

Property Features

Project Type: 13 - 24 Units Construction: Block Const - Finish: Painted Roofing: Foam Floors: Vinyl Sale Includes: Land & Building; Pool Equipment; Laundry Equipment Community Features: Pool; Manager Res/Office Exterior Amenities: Landscape Water System; Desert Landscaping; Partially Fenced Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Microwave Heating: Ceiling Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: >1 Space Per Unit Road Surface Type: Asphalt Owner Pays: Water; Electric; Trash Collection; Landscaping; Pool Maintenance Tenant Pays: Cable TV Source of Fincl Data: Owner Lockbox Type: None New Financing: Cash; Conventional Environmental: None
IDX
Listing Office: MCO Realty
Office Phone: 480-837-2500
Office Email: mgant2000@msn.com
Last Updated: October - 16 - 2026
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