For sale

$1,100,000

508 N 9TH Avenue, Phoenix, AZ 85007

4beds

4baths

--sqft

$6,771/mo

Get pre-qualified

Multi Family

Built in 1953

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Red-brick historic townhomesDouble-pane windowsPrivate rear yardEat-in kitchensCentral acGranite countertopsGas ranges

This investment consists of four red-brick historic townhomes located just off Grand Avenue in the Triangle neighborhood, within walking distance of downtown. Each unit includes a private rear yard and full side-by-side laundry. The interiors feature eat-in kitchens with solid wood cabinets, granite countertops, stainless steel appliances, gas ranges, and oversized tub sinks. Units also feature vinyl plank flooring, central AC, double-pane windows and 55 inch TVs. The property is offered at a 5+ cap rate based on current actuals with long-term residents in place. New approved development across the street offers additional future value.

16 days
119
4

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Heating

Central

Cooling

Central Air

Appliances

Included: Disposal, Dishwasher, Refrigerator, Built-In Gas Oven, Washer/Dryer

Features

Flooring: Other, Vinyl

Property

Parking

Total spaces: 1
Parking features: Other
Uncovered spaces: 1

Lot

Size: 6,250 Square Feet
Dimensions: 6250

Details

Parcel number: 11130035
Zoning: RES

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick Veneer, See Remarks, Brick
Roof: Composition

Condition

Year built: 1953

Utilities & green energy

Electric: APS
Sewer: Public Sewer
Water: City Franchise

Community & HOA

Community

Features: Other
Subdivision: UNIVERSITY ADDITION

Location

Region: Phoenix

Financial & listing details

Tax assessed value: $601,500
Annual tax amount: $1,263
Date on market: 9/30/2026
Cumulative days on market: 16 days
Listing terms: Cash,Conventional,1031 Exchange
Ownership: Fee Simple
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/30/2026	Listed for sale	$1,100,000+307.4%
Source: ARMLS #7087221 Report a problem
3/28/2023	Listing removed	--
Source: Zillow Rentals Report a problem
3/14/2023	Price change	$1,450-3.3%
Source: Zillow Rentals Report a problem
1/20/2023	Price change	$1,500-6.3%
Source: Zillow Rentals Report a problem
11/18/2022	Listed for rent	$1,600+6.7%
Source: Zillow Rental Manager Report a problem
9/2/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
8/19/2022	Listed for rent	$1,500
Source: Zillow Rental Manager Report a problem
8/1/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
7/24/2022	Price change	$1,500-6.3%
Source: Zillow Rental Manager Report a problem
6/26/2022	Listed for rent	$1,600+18.5%
Source: Zillow Rental Manager Report a problem
3/31/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
3/26/2022	Price change	$1,350-1.8%
Source: Zillow Rental Manager Report a problem
3/16/2022	Price change	$1,375-1.8%
Source: Zillow Rental Manager Report a problem
3/2/2022	Price change	$1,400+3.7%
Source: Zillow Rental Manager Report a problem
2/19/2022	Listed for rent	$1,350+3.8%
Source: Zillow Rental Manager Report a problem
10/14/2021	Listing removed	--
Source: Zillow Rental Manager Report a problem
10/5/2021	Price change	$1,300-3.7%
Source: Zillow Rental Manager Report a problem
9/30/2021	Price change	$1,350-3.6%
Source: Zillow Rental Manager Report a problem
9/18/2021	Listed for rent	$1,400+43.6%
Source: Zillow Rental Manager Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
1/20/2019	Listing removed	$975
Source: Owner Report a problem
1/3/2019	Listed for rent	$975
Source: Owner Report a problem
7/6/2018	Sold	$270,000
Source: ARMLS #5783307 Report a problem
6/21/2018	Listed for sale	$270,000+125%
Source: Keller Williams Realty Sonoran Living #5783307 Report a problem
8/23/2013	Sold	$120,000+126.4%
Source: ARMLS #4915577 Report a problem
5/9/2011	Sold	$53,000-80.7%
Source: Public Record Report a problem
11/2/2006	Sold	$275,000+120%
Source: Public Record Report a problem
8/1/2001	Sold	$125,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,209 +6.2%	$60,150 -20.9%
2024	$1,138 +1%	$76,010 +884.3%
2023	$1,127 +3.7%	$7,722 -77%
2022	$1,087 -0.4%	$33,510 +21.8%
2021	$1,092 +0.2%	$27,520 +7.9%
2020	$1,090 +1.7%	$25,500 +18.7%
2019	$1,071	$21,480 +45.1%
2018	$1,071 +2.4%	$14,800 -6.3%
2017	$1,046 +11.3%	$15,800 +11%
2016	$940 -1.7%	$14,230 +49.3%
2015	$957	$9,530 +34.8%
2014	--	$7,070 +65.2%
2013	--	$4,280 -14.6%
2012	--	$5,010 -7.6%
2011	--	$5,420 -53.9%
2010	--	$11,760 -43%
2009	--	$20,620 +3.7%
2008	--	$19,880 +6.3%
2007	--	$18,700 +36%
2006	--	$13,750
2005	--	$13,750 +45.5%
2004	--	$9,450
2003	--	$9,450 +42.1%
2002	--	$6,650