602 S 17th Avenue, Phoenix, AZ 85007

$730,000
18
BD
18
BA

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Sold Price
$730,000
List Price
$850,000
Closing Date
Jun 19, 2025
Days on Market
57
Status
CLOSED
MLS#
6856997
City
Phoenix
Bedrooms
18
Bathrooms
18
Year Built
1947

Property Description

This 18-unit property provides a great opportunity to create a thriving community in Downtown Phoenix. With the structures in place to create great living spaces, this property has unique flexibility to be traditional market-rate rentals or a master leased property to a third-party operator. This property is priced to sell with a huge upside and cash flow potential. Currently gutted and vacant units, get to work now with previously city-approved permits included in the sale!

Additional Information

Community Features
Other
Construction
Wood Frame, Stucco
Cooling
None
Electric
None
Flooring
Other
Heating
None
New Financing
Conventional, 1031 Exchange, Cash
Parking Features
Paved
Roofing
Foam, Other
Sewer
Public Sewer
Taxes
$3,891
Tax Year
2024
Tenant Pays
See Remarks
Units
18
Water
City Franchise, None
Zoning
C-3, A-1

Courtesy of ABI Multifamily. 602-714-1400 Selling Office: DeLex Realty.

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.

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