610 N 4TH Avenue, Phoenix, AZ 85003 (MLS# 7103570)

610 N 4TH Avenue, Phoenix, AZ 85003

$1,800,000

Property Type: Multiple Dwellings Bedrooms: 10 Baths: 10 Status: Active

Current Price: $1,800,000 Last Modified: 11/06/2026

Overview

Description

The D'art Apartments is a well-maintained 10-unit multifamily property in the heart of Downtown Phoenix. The property has been owned by the same family since its construction. The location puts residents within walking distance of Downtown Phoenix's restaurants, major employers, and entertainment venues, which supports steady tenant demand in one of the Valley's most active urban cores. The property has been consistently maintained under long-term ownership. It also offers investors an operational value-add opportunity through updated management practices, improved operating efficiencies, and alignment of rents with the surrounding market.

Listing Details MLS# 7103570

Location, Tax & Legal

House Number: 610
Compass: N
Street Name: 4TH
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85003
Zip4: 1554
Country: US
County Code: Maricopa
Assessor Number: 111-39-025
Tax Year: 2025

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: Normal
Year Built: 1959
Uncvrd Parking Spcs: 6
Total # of Units: 10
# of Buildings: Yes
Zoning: DTC-S-ROO
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District

Legal Info

Township: 1N
Range: 3E
Section: 5
Lot Number: 6

Efficiency Units

# Efficiency Units: 8
Avg Rent: 864
Avg SqFt: 400
# Baths: Yes

More Information

1 Bedroom Units

# 1 Bedroom Units: 2
Avg Rent: 1014
Avg SqFt: 525
# Baths: Yes

Structure

Bedrooms Total: 10
Bathrooms Total: 10

Income Expenses

Gross Annual Sch Inc: 123600
Net Operating Income: 84551

Showing Notification Methods

Showing Service: No Showing Service Used

Property Features

Project Type: 5 - 12 Units Construction: Block; Brick Const - Finish: Painted Roofing: Built-Up Floors: Concrete; Vinyl Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Landscape Water System; Desert Landscaping Interior Features: Unfurnished Appliances Included: Free-Standing Gas Oven; Refrigerator; Microwave Heating: Window/Wall Unit(s) Cooling: Window/Wall Unit Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: On Street; <1 Space Per Unit; Free; Paved Road Access Type: Alley; City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Water; Gas; Trash Collection; Landscaping Tenant Pays: Electricity Source of Fincl Data: Projected Proforma Lockbox Type: None New Financing: Cash; Conventional Environmental: None

Listing Office: Orion Investment Real Estate

Office Phone: 480-634-6934

Office Email: info@orionprop.com

Last Updated: November - 06 - 2026