110 N 33rd Avenue, Phoenix, AZ 85009

$358,500

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Sold Price
$358,500
List Price
$362,000
Closing Date
Aug 28, 2026
Days on Market
10
Status
CLOSED
MLS#
7056584
City
Phoenix
Subdivision
Wormsers Addition Block 1
Year Built
1953

Property Description

EXCEPTIONAL INVESTMENT OPPORTUNITY IN A PRIME LOCATION! This single-story, four-unit multifamily property, built in 1953, presents an outstanding value-add opportunity for investors. The property features four 1-bedroom, 1-bath units, all currently vacant and ready for renovation, providing a blank canvas to maximize your investment vision. Prime Location: Conveniently located near US-60 (Grand Avenue) with easy access to I-10, I-17, and Loop 202, offering seamless connectivity throughout the Phoenix metro area. Future Growth Potential: A planned light rail extension along Van Buren is expected to further enhance accessibility and position this property within a growing transit-oriented corridor. Excellent Convenience: Just minutes from Downtown Phoenix and Phoenix Sky Harbor International Airport, making it an attractive location for future tenants seeking easy access to employment, entertainment, and transportation. The property requires renovation to address deferred maintenance, and the competitive list price reflects this exceptional opportunity. With strong rental demand and significant upside potential, this is your chance to transform a distressed asset into a high-performing investment.

Additional Information

Elementary School
William R Sullivan Elementary School
High School
Carl Hayden High School
Middle School
William R Sullivan Elementary School
Community Features
Other
Construction
Block, Painted
Cooling
None
Electric
APS, Individual Meter
Heating
Electric, Natural Gas
New Financing
Cash
Parking Features
Assigned
Roofing
Composition
Subdivision
Wormsers Addition Block 1
Taxes
$656
Tax Year
2025
Tenant Pays
Electricity, Gas
Units
4
Water
Master Meter
Zoning
R-4

Courtesy of JM Realty. 480-785-5612 Selling Office: JM Realty.

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