2210 W Morten Ave - Multi-Family FOR SALE


Phoenix, AZ 85021- North Phoenix
$450,000 USD
847-213-0789
2210 W Morten Ave, Phoenix, AZ for Sale
$450,000 USD
Multi-Family - FOR SALE
1/14
null | 7.31% Cap Rate

2210 W Morten Ave
Phoenix, AZ 85021
North Phoenix


HIGHLIGHTS

  • Mid-Construction 5 Unit with pending site plan with city currently.

OVERVIEW

5 Unit building Mid-construction, Pre-app approved, Currently under site plan review pending with city due shortly. Come finish this property now and take advantage of a true value-add opportunity. Redevelopment opportunity in Central Phoenix. This half-finished structure is framed for five residential units and sits on a ±17,424 SF lot with alley access. The building is currently in shell condition — wood framing is complete, and some plumbing has been installed. The site layout allows for 12 future parking spaces at the rear of the property. Located in an established residential neighborhood just south of Northern Avenue, this project is ideal for investors or builders looking to complete and lease or sell in a high-demand infill location. All buyers to verify zoning,

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$26 USD /SF

# OF UNITS

5

PRICE/UNIT

$90,000

CAP RATE

7.31%

% LEASED

0%

STATUS

Under Renovation

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2210 W MORTEN AVE, Phoenix, AZ 85021

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

M-M

APN/PARCEL ID

157-22-021

ASK ABOUT THIS PROPERTY

847-213-0789

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

847-213-0789

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.