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Discover the charm of urban living in the heart of Roosevelt Row, one of downtown Phoenix's most vibrant and eclectic neighborhoods. This 24-unit apartment complex, featuring a mix of 1-bedroom/1-bath units and studio apartments, offers tenants the perfect combination of comfort and convenience. With a total rentable square footage of 8,788 SF, this property is just steps away from boutique restaurants, trendy bars, and unique shopping destinations. Each unit is individually metered for electricity, providing tenants with independent control over their utilities. The property also includes a community laundry room for added convenience. Currently, all units are occupied by an owner-user, and the owner may consider leasing back some units temporarily, depending on the terms. Please note that all numbers provided in the listing are proforma estimates. Located in the bustling Roosevelt Row area, this is a prime opportunity for investors seeking stable income and a property with excellent long-term potential. Please note: Drive-by only. Do not disturb tenants.
| DAYS ON MARKET | 355 | LAST UPDATED | 4/16/2025 |
|---|---|---|---|
| TRACT | BENNETT PLACE D-F K & L | YEAR BUILT | 1954 |
| COMMUNITY | BENNETT PLACE D-F K & L | COUNTY | Maricopa |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| PRICE HISTORY | |
| Prior to Feb 20, '25 | $4,930,000 |
|---|---|
| Feb 20, '25 - Mar 26, '25 | $4,790,000 |
| Mar 26, '25 - Apr 16, '25 | $4,690,000 |
| Apr 16, '25 - Today | $4,930,000 |
| ADDITIONAL DETAILS | |
| AIR | Other |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Other |
| HEAT | Other |
| LOT DIMENSIONS | NA |
| PARKING | Other |
| SEWER | Other |
| SUBDIVISION | BENNETT PLACE D-F K & L |
| WATER | See Remarks |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
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*Estimate only
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Listed with Clear Commercial Advisors
The ARMLS logo indicates a property listed by a real estate brokerage other than cambridgeproperties.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Data last updated 9/28/25 3:02 PM PDT.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Data last updated 9/28/25 3:02 PM PDT.
This IDX solution is (c) Diverse Solutions 2025.