508 N 9TH Avenue, Phoenix, AZ 85007

$1,000,000

Property Type: Multiple Dwellings Bedrooms: 4 Baths: 4 Status: Active

Current Price: $1,000,000 Last Modified: 11/10/2026

Overview

Description

This rare portfolio of four red-brick historic townhomes delivers a solid 5%+ in place cap rate. Located just off Grand Avenue in the Triangle neighborhood and within walking distance of downtown, the property combines stable returns with meaningful upside from a newly approved development directly across the street. The unique property features top notch aesthetics, both interior and exterior. The rare brick exterior sits amongst lush landscaping and provides private yards for all units. Inside, each unit has bright eat-in kitchens with solid wood cabinets, granite countertops, stainless steel appliances, gas ranges, and oversized tub sinks, along with full side-by-side laundry rooms.

Listing Details MLS# 7087221

Location, Tax & Legal

House Number: 508
Compass: N
Street Name: 9TH
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85007
Zip4: 2380
Country: US
County Code: Maricopa
Subdivision: UNIVERSITY ADDITION
Assessor Number: 111-30-035
Tax Year: 2026

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 6250
Year Built: 1953
Uncvrd Parking Spcs: Yes
Total # of Units: 4
# of Buildings: Yes
Zoning: RES
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District

Remarks Misc

Cross Street: Grand Ave & 9th Ave
Directions: Grand Ave to 9th Ave, North to Property

Legal Info

Township: 1N
Range: 3E
Section: 6
Lot Number: 8

1 Bedroom Units

# 1 Bedroom Units: 4
# Baths: Yes

More Information

Structure

Bedrooms Total: 4
Bathrooms Total: 4

Showing Notification Methods

Showing Service: Aligned Showings

Property Features

Project Type: Four Plex Construction: Brick; See Remarks Const - Finish: Brick Veneer Roofing: Composition Floors: Vinyl; Other Sale Includes: Land & Building Community Features: Other Exterior Amenities: Fenced Interior Features: Furnished; Other (See Remarks) Appliances Included: Built-In Gas Oven; Refrigerator; Dishwasher; Disposal; Washer/Dryer Heating: Central Cooling: Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: Other Road Surface Type: Asphalt Owner Pays: None; Other; See Remarks Tenant Pays: Water; Electricity; Gas Source of Fincl Data: Owner Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional; 1031 Exchange Environmental: None

Listing Office: LISTED SIMPLY

Office Phone: 800-995-5879

Office Email: support@listedsimply.com

Last Updated: November - 10 - 2026