For sale

$1,635,000

1002 N 27TH Place, Phoenix, AZ 85008

12beds

12baths

7,200sqft

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Multi Family

Built in 1983

-- sqft lot

$-- Zestimate^®

$227/sqft

$-- HOA

What's special

Fantastic Investment Opportunity! This well-maintained Multi-Family Property features three separate buildings, each with two spacious units -- totaling six 2 bed / 2 bath units, each approximately 1,200 sq ft. Great rental history and upside potential! Exterior of all buildings was freshly painted in June 2023, and interiors have been updated with new paint as well. The property includes four newer A/C units, with the remaining two approximately 10 years old. The roof was replaced 5 years ago with high-quality 40-year shingles, offering peace of mind for years to come. Tenants and guests will appreciate the ample parking area, designed to comfortably accommodate residents and visitors alike. Sale includes two parcels: APN #121-76-050-B APN #121-76-050-C Both lots have separate dimensions per plat records and are being sold together. Don't miss out on this exceptional income-producing property with strong fundamentals and recent upgrades!

261 days

93

1

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 12

Heating

2 or More Units, Electric

Cooling

Electric, 2 or More Units

Appliances

Included: Free-Standing Range, Disposal, Refrigerator, Microwave
Laundry: W/D Hookup

Features

Flooring: Ceramic Tile

Interior area

Total structure area: 7,200
Total interior livable area: 7,200 sqft

Property

Parking

Total spaces: 15
Parking features: Add'l Parking Avail, >1 Space Per Unit
Uncovered spaces: 15

Features

Exterior features: Sidewalk(s)

Lot

Size: 0.38 Acres
Dimensions: 124 x 133

Details

Parcel number: 12176050C
Zoning: Multi-Family
Other equipment: TV Antenna, Satellite Dish

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Frame, Painted, Stucco
Roof: Composition

Condition

Year built: 1983

Utilities & green energy

Electric: APS, City Electric, Individual Meter
Sewer: Public Sewer
Water: City Franchise

Community & HOA

Community

Features: No Pool
Subdivision: DEL REY LOTS 101-140

Location

Region: Phoenix

Financial & listing details

Price per square foot: $227/sqft
Tax assessed value: $726,300
Annual tax amount: $1,876
Date on market: 10/20/2025
Cumulative days on market: 262 days
Listing terms: Conventional,1031 Exchange
Ownership: Fee Simple
Electric utility on property: Yes
Road surface type: Concrete, Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
10/20/2025	Listed for sale	$1,635,000-2.7%$227/sqft
Source: ARMLS #6936056 Report a problem
4/29/2025	Listing removed	$1,680,000$233/sqft
Source: ARMLS #6698244 Report a problem
4/29/2024	Listed for sale	$1,680,000-6.6%$233/sqft
Source: ARMLS #6698244 Report a problem
3/11/2024	Listing removed	$1,799,000$250/sqft
Source: ARMLS #6577363 Report a problem
2/27/2024	Price change	$1,799,000-5.3%$250/sqft
Source: ARMLS #6577363 Report a problem
2/21/2024	Pending sale	$1,899,000$264/sqft
Source: ARMLS #6577363 Report a problem
10/30/2023	Price change	$1,899,000-1.4%$264/sqft
Source: ARMLS #6577363 Report a problem
10/17/2023	Price change	$1,925,000-0.3%$267/sqft
Source: ARMLS #6577363 Report a problem
10/3/2023	Price change	$1,930,000-0.5%$268/sqft
Source: ARMLS #6577363 Report a problem
9/14/2023	Price change	$1,940,000-0.3%$269/sqft
Source: ARMLS #6577363 Report a problem
9/5/2023	Price change	$1,945,000-0.3%$270/sqft
Source: ARMLS #6577363 Report a problem
7/7/2023	Listed for sale	$1,950,000+1993.4%$271/sqft
Source: ARMLS #6577363 Report a problem
1/13/1997	Sold	$93,150+33.1%$13/sqft
Source: Public Record Report a problem
10/11/1996	Sold	$70,000$10/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,756 +3.9%	$72,630 -3.4%
2024	$1,690 +1.2%	$75,188 +537.7%
2023	$1,670 +4.1%	$11,790 -71.6%
2022	$1,605 +0.1%	$41,460 +22.7%
2021	$1,604 +0.7%	$33,800 +16.1%
2020	$1,593 +2.1%	$29,120 +20.9%
2019	$1,560	$24,090 +10.8%
2018	$1,560 +4%	$21,740 +13.2%
2017	$1,500 +11.8%	$19,200 +21.5%
2016	$1,341 +9.8%	$15,800 +25.5%
2015	$1,221	$12,590 +17.8%
2014	--	$10,690 +70.2%
2012	--	$6,280 -23.2%
2011	--	$8,180 -54.3%
2010	--	$17,880 -35.3%
2009	--	$27,630 +55%
2006	--	$17,830
2005	--	$17,830 +91.7%
2004	--	$9,300
2002	--	$9,300

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