1412 N 35th Street, Phoenix, AZ 85008
$4,000,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$4,000,000
Last Modified:
7/01/2026
Overview
Description
Listing Details MLS# 7048772
Location, Tax & Legal
- House Number
- 1412
- Compass
- N
- Street Name
- 35th
- St Suffix
- Street
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85008
- Country
- US
- County Code
- Maricopa
- Assessor Number
- 121-03-023
- Tax Year
- 2025
- Assessor's Map #
- 3
- Assessor's Parcel #
- 23
- Add'l Parcels
- No
- Tax Municipality
- Phoenix
- Taxes
- 10823.72
- Legal
- The North 75.00 feet of that portion of the Northwest quarter of Section 1, Township 1 North, Range 3 East, of the Gila
- Marketing Name
- Willetta
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 40,511
- Year Built
- 1960
- Uncvrd Parking Spcs
- 45
- Total # of Units
- 28
- # of Buildings
- 2
- Zoning
- R-4
- Flood Zone
- No
- Elementary School District
- Creighton Elementary District
- High School District
- Phoenix Union High School District
Legal Info
- Lot Number
- Ukn
Income Expenses
- Gross Annual Sch Inc
- 404337
- Net Operating Income
- 255219
More Information
Showing Notification Methods
- Showing Service
- No Showing Service Used
- Text
- Yes
- Yes
Efficiency Units
- # Efficiency Units
- Yes
- Avg Rent
- 899
- Avg SqFt
- 500
- # Baths
- Yes
1 Bedroom Units
- # 1 Bedroom Units
- 10
- Avg Rent
- 1100
- Avg SqFt
- 660
- # Baths
- 10
2 Bedroom Units
- # 2 Bedroom Units
- 17
- Avg Rent
- 1182
- Avg SqFt
- 781
- # Baths
- 17
Project Type
- 25 - 50 Units
- Yes
Construction
- Block
- Yes
Const - Finish
- Painted
- Yes
Roofing
- Composition
- Yes
Floors
- Ceramic Tile
- Yes
Sale Includes
- Land & Building
- Yes
Income & Expenses
- Annual Elec Exp
- 7267.41
- Annual Gas Exp
- 1028.89
- Annual Ins Exp
- 18107.04
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 4140.67
- Annual Legal & Acctg
- 1446
- Annual Maint Exp
- 27026.89
- Annual Mgmt Exp
- 20815
- Annual Trash Exp
- 19334.15
- Annual Wtr/Swr Exp
- 19336.35
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 7000
- Annual Other Expense
- 17183
- Operating Exp
- 153509.12
- Other Income
- 103973
- Vacancy Allowance
- 0.06
- Adjusted Gross Inc
- 477811.4
- Total Monthly Rental Income
- 30703
Pmt & Rate Info
- Cap Rate
- 6.38
- Down Payment
- 1400000
- Equity
- 4000000
- Down Payment %
- 35
- Monthly Payments
- 15588
- Total Owed
- 0
Lockbox Type
- None
- Yes
Community Features
- No Pool
- Yes
Heating
- Electric
- Yes
- Individual
- Yes
Cooling
- Central Air
- Yes
- Electric
- Yes
- Individual
- Yes
Exterior Amenities
- Desert Landscaping
- Yes
Tenant Pays
- Electricity
- Yes
- Cable TV
- Yes
Appliances Included
- Free-Standing Electric Oven
- Yes
- Refrigerator
- Yes
- Washer/Dryer
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Owner
- Yes
Water Source
- City Franchise
- Yes
- Master Meter
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- >1 Space Per Unit
- Yes
Electric
- SRP
- Yes
Gas
- SW Gas
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Gas
- Yes
- Trash Collection
- Yes
- Landscaping
- Yes
New Financing
- Conventional
- Yes
- No Carry
- Yes
- 1031 Exchange
- Yes
Reports/Disclosures
- None
- Yes
Environmental
- None
- Yes
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
25 - 50 Units
Construction:
Block
Const - Finish:
Painted
Roofing:
Composition
Floors:
Ceramic Tile
Sale Includes:
Land & Building
Community Features:
No Pool
Exterior Amenities:
Desert Landscaping
Appliances Included:
Free-Standing Electric Oven; Refrigerator; Washer/Dryer
Heating:
Individual
Cooling:
Electric; Individual; Central Air
Water Source:
City Franchise; Master Meter
Sewer:
Sewer - Public
Electric:
SRP
Gas:
SW Gas
Parking Features:
>1 Space Per Unit
Road Surface Type:
Asphalt
Owner Pays:
Water; Gas; Trash Collection; Landscaping
Tenant Pays:
Electricity; Cable TV
Source of Fincl Data:
Owner
Showing Notification Methods:
Text; Email
Lockbox Type:
None
New Financing:
Conventional; No Carry; 1031 Exchange
Environmental:
None
Listing Office:
Marcus & Millichap
Last Updated: July - 01 - 2026
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