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For sale
  • $325,000

    1220 S 10TH Avenue, Phoenix, AZ 85007

    7beds
    15baths
    4,000sqft
    : 
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    Multi Family
    Built in 1940
    -- sqft lot
    $-- Zestimate®
    $81/sqft
    $-- HOA

    What's special

    Additional street parking availabilityIn-unit laundry room
    Excellent value-add multifamily investment opportunity located in the growing Central Phoenix market. This unique 4-unit property offers strong income potential with major renovation work already completed, making it an ideal opportunity for investors looking to finish the final touches and maximize returns. The property consists of: Front Unit: Spacious 3 Bedroom / 2 Full Bathroom unit with in-unit laundry room Rear Unit 1: 1 Bedroom / 1 Bathroom Rear Unit 2: 2 Bedroom / 1 Bathroom Rear Unit 3: Studio unit Each rear unit has its own private entrance, creating privacy and flexibility for tenants. The majority of the interior renovation work has already been completed. Additional planned upgrades include: Brand new electrical system installation New HVAC systems New ap New hot water heaters Seller plans to complete the remaining improvements prior to closing for an additional negotiated price, providing buyers flexibility to either purchase as-is or receive a near turn-key finished product. The property includes parking for approximately 3 vehicles onsite, along with additional street parking availability. This is a great opportunity for an investor or owner-operator to take over a nearly completed project and add the final cosmetic and operational touches. Estimated total rental income is projected to exceed $4,000 per month once fully stabilized. Conveniently located near Downtown Phoenix, major freeways, employment centers, dining, shopping, and public transportation, this property benefits from strong rental demand and continued area growth. Priced to sell quickly. Excellent opportunity for investors seeking cash flow, appreciation potential, and value-add upside. Buyer to verify all facts, figures, measurements, zoning, permits, and projected rental income.
    40 days
    |
    1,422
    |
    78
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Kiran Vedantam 602-550-4842,

    Kosh Realty

    Source: ARMLS,MLS#: 7037076MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 15
      Heating
      • Individual, Heat Pump
      Cooling
      • Heat Pump
      Appliances
      • Included: Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
      Features
      • Flooring: Ceramic Tile, Vinyl
      Interior area
      • Total structure area: 4,000
      • Total interior livable area: 4,000 sqft

      Property

      Parking
      • Parking features: Carport
      • Has carport: Yes
      Lot
      • Size: 5,889 Square Feet
      • Dimensions: 5889
      Details
      • Parcel number: 10501051
      • Zoning: residential

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Painted, Stucco
      • Roof: Tile
      Condition
      • Year built: 1940

      Utilities & green energy

      • Electric: APS, Master Meter
      • Sewer: Public Sewer
      • Water: Master Meter, City Franchise

      Community & HOA

      Community
      • Features: No Pool
      • Security: Security Lights
      • Subdivision: DANIELS 2ND ADDITION
      Location
      • Region: Phoenix

      Financial & listing details

      • Price per square foot: $81/sqft
      • Tax assessed value: $275,700
      • Annual tax amount: $1,480
      • Date on market: 6/4/2026
      • Listing terms: Other (See Remarks),No Carry,Conventional
      • Ownership: Fee Simple
      • Electric utility on property: Yes
      • Road surface type: Concrete

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/4/2026Listed for sale$325,000+75.7%$81/sqft
        Source: ARMLS #7037076 Report a problem
        9/16/2025Sold$185,000+2.8%$46/sqft
        Source: ARMLS #6910161 Report a problem
        9/4/2025Pending sale$180,000$45/sqft
        Source: ARMLS #6910161 Report a problem
        8/24/2025Listed for sale$180,000$45/sqft
        Source: ARMLS #6910161 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,480 +6.6%$27,570 -13.8%
        2024$1,388 +1%$32,000 +201.4%
        2023$1,374 +4%$10,616 -46%
        2022$1,322 -1.5%$19,660 +41.2%
        2021$1,342 0%$13,920 +5.8%
        2020$1,342 +178.9%$13,160 +8.5%
        2019$481 $12,130 +18.7%
        2018$481 +3.7%$10,220 +43.3%
        2017$464 +13%$7,130 +11.1%
        2016$411 -6.4%$6,420 +17.2%
        2015$439 $5,480 +51%
        2014-- $3,630 +71.2%
        2013-- $2,120
        2012-- $2,120 -56.4%
        2011-- $4,863 -17.9%
        2010-- $5,925 -7.6%
        2009-- $6,411 +2.2%
        2008-- $6,270 +43.9%
        2007-- $4,357 +63.2%
        2006-- $2,669
        2005-- $2,669 +12.4%
        2004-- $2,374
        2003-- $2,374 +8.5%
        2002-- $2,189
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Central City

        Getting around

        63 / 100
        Somewhat Walkable
        43 / 100
        Some Transit
        59 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Mary Mcleod Bethune School
        • Middle: Mary Mcleod Bethune School
        • High: Central High School
        • District: Phoenix Elementary District

        Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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