1001 N 9TH Street, Phoenix, AZ, 85006
About This Home
Seller Financing available!! 6.55 Cap Rate!!! Located in the heart of central Phoenix, an outstanding multifamily investment opportunity featuring eight well-positioned studio apartment units in one of the city's most rapidly evolving urban neighborhoods. This charming eightplex offers a strong blend of steady rental demand, functional unit layouts, and prime proximity to downtown Phoenix amenities. Each studio apartment is thoughtfully designed to maximize efficiency and comfort, appealing to tenants seeking affordable urban living with convenient access to employment centers, close to Highway, dining, entertainment, public transit. The property's classic character and practical configuration make it an attractive asset for both seasoned investors and owner-operators
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 1984
Materials
- Roof: Built-Up
- Construction materials: Wood Frame,Stucco
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Free-Standing Range,Refrigerator,Microwave
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
Features
- Flooring: Ceramic Tile,Vinyl
Heating & Cooling
- Heating features: Heat Pump
- Cooling features: Electric,Heat Pump
Interior Area
- Total structure area: 2,416
- Total interior livable area: 2,416 sqft
Property
Details
- Parcel number: 11631114
- Zoning: residental
Features
- Exterior features: Sidewalk(s)
Lot
- Lot size: 6,850 sqft
- Lot size dimensions: 6850
Parking
- Total spaces: 9
- Parking features: >1 Space Per Unit
- Has uncovered spaces: Yes
- Uncovered spaces: 9
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters in Maricopa County and Arizona
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,522 | $78,264 |
| Home Insurance | $400 | $4,800 |
| Property Taxes | $473 | $5,676 |
| Electricity | $255 | $3,070 |
| Total | $7,650 | $91,800 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-11 | Price change | $1,285,000 |
| 2026-07-31 | Price change | $1,290,000 |
| 2026-06-08 | Price change | $1,299,000 |
| 2026-05-29 | Price change | $1,349,000 |
| 2026-05-22 | Listed for sale | $1,400,000 |
| 2025-11-07 | Listing removed | $1,575,000 |
| 2025-08-29 | Price change | $1,575,000 |
| 2025-08-21 | Listed for sale | $1,675,000 |
| 2012-05-30 | Sold | $150,000 |
| 2012-02-02 | Listed for sale | $150,000 |
| 2003-08-30 | Sold | $249,900 |
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