2102 W Adams Street, Phoenix, AZ 85009
- $1,999,000
- 16
- BD
- 16
- BA
- List Price
- $1,999,000
- Days on Market
- 0
- Status
- ACTIVE
- MLS#
- 7085334
- City
- Phoenix
- Bedrooms
- 16
- Bathrooms
- 16
- Subdivision
- Capitol Addition
- Year Built
- 1921
Property Description
Downtown Phoenix 16-Unit Multifamily Complex consisting of nine buildings across six contiguous lots totaling approximately 36,400 SF. The property is R-3 zoned and features all 1BD/1BA units, currently generating $18,000+ in monthly gross rental income. All units have separate electric and gas meters, with utilities paid directly by tenants. The property is serviced by four water meters. The site offers a potential redevelopment opportunity while providing existing rental income.
/u.realgeeks.media/canorealty/logo-min.png){kind=logo}
Additional Information
- Community Features
- No Pool
- Construction
- Block, Brick Veneer
- Cooling
- See Remarks
- Electric
- APS, SRP
- Flooring
- Ceramic Tile, Other
- Heating
- See Remarks
- New Financing
- Conventional, 1031 Exchange, No Carry, Cash
- Parking Features
- >1 Space Per Unit
- Roofing
- Composition
- Sewer
- Public Sewer, See Remarks
- Subdivision
- Capitol Addition
- Taxes
- $556
- Tax Year
- 2025
- Tenant Pays
- Electricity, Gas
- Units
- 16
- Water
- City Franchise, See Remarks
- Zoning
- R-3
Courtesy of Compass. 480-776-1555
Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.