602 S 17th Avenue, Phoenix, AZ 85007

$730,000

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Sold Price
$730,000
List Price
$850,000
Closing Date
Jun 19, 2025
Days on Market
57
Status
CLOSED
MLS#
6856997
City
Phoenix
Year Built
1947

Property Description

This 18-unit property provides a great opportunity to create a thriving community in Downtown Phoenix. With the structures in place to create great living spaces, this property has unique flexibility to be traditional market-rate rentals or a master leased property to a third-party operator. This property is priced to sell with a huge upside and cash flow potential. Currently gutted and vacant units, get to work now with previously city-approved permits included in the sale!

Additional Information

Community Features
Other
Construction
Wood Frame, Stucco
Cooling
None
Electric
None
Flooring
Other
Heating
None
New Financing
Conventional, 1031 Exchange
Parking Features
Paved
Roofing
Other, Foam
Sewer
Public Sewer
Taxes
$3,891
Tax Year
2024
Units
18
Water
None, City Franchise
Zoning
C-3, A-1

Courtesy of ABI Multifamily. 602-714-1400 Selling Office: Delex Realty.

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