$4,749

closing credit¹

138 N 10th Ave Phoenix, AZ 85007

$399,900
House

Property details

About 138 N 10th Ave

STEADY CASH FLOW!! Cap Rate: 7.67%. Duplex located in the Woodland Historical District close to the Capital. There is 1 building, 2 one bedroom 1 bathroom units. They are approx 620 sq ft each. Both Tenants are month to month. Tenants desire to stay, rents can be raised. A lot of renovations and planning are going on in this up-and-coming area! Some of the Duplex improvements include a newer water heater, newer windows, newer plumbing, newer exterior paint and property sits on two lots. Property is zoned R5. Property has paved back alley access and parking. Plenty of accessible space in the back to build additional units * Fireplace is not finished never used. Property is sold as is. Such a fantastic vibrant location in downtown Phoenix. Come live on one side and rent out the other. With the R5 zoning add more units in back for additional rentable units, cash flow, and property value. Walking distance to downtown financial center, business district, major entertainment/sport venues, central city light rail system, parks, restaurants and fine dining. This is Downtown Phoenix, so so much going on down here!! ** R-5 mixed-use, multifamily zoning either residential or office or both. GOOD INFO: 2 1bedroom 1bath units both 620sqf *Both Tenants pay $1300.00 for rent, on a month to month. Utilities are included in their rents (water,trash,sewer, and APS electric) I pay just under $100 a month for water, trash, and sewer $1200 yearly. I pay approximately on an average about $300 a month $3300 yearly. SELLER IMPROVMENTS: - Outside paint is about a year and half old - building has had new plumbing put in with what they call pec piping. - water heater is about a year and half old - property sits on two lots - property is zoned R5 - property has paved back alley access and parking - plenty of accessible space in back to build additional units and parking - property is located in the Woodland Historical District and is also situated next to the Capital

Highlights

Home typeOther
StatusAccepting Backup Offers
CoolingCeiling Fan(s), Wall/Window Unit(s), Other, Multi Unit(s)
Lot size0 Acres
Year built1911
ParkingAdd'l Parking Avail, >1 Space Per Unit, <1 Space Per Unit, Common
MLS #6800415

Summary

  • MLS Number: 6800415
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: DeLex Realty
  • Office Email: stacismedstadbroker@gmail.com
  • Listing Agent: Rhonda L DuBois

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/10/2025, 8:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$399,900

138 N 10th Ave

$4,749

closing credit¹

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Price information

Property sales

DateEventPrice
Dec 24, 2008
Home Sold
$37,500
Aug 16, 2005
Home Sold
$151,500
Nov 21, 2000
Home Sold
$60,000
Aug 20, 1999
Home Sold
$25,000

Tax history

YearAssessmentProperty Tax
2024$31,714$688
2023$23,970$664
2022$19,560$659
2020$16,580$666
2019$14,090$654
2017$9,250$639

History based on county public records data.

Nearby schools

8

Vista College Preparatory

Public Charter KG-5

0.8 mi

812 S 6th Ave

4

Asu Preparatory Academy- Phoenix Elementary School

Public Charter KG-4

1.3 mi

735 E Fillmore St

2

J. B. Sutton Elementary School

Public District KG-5

2.3 mi

1001 N 31st Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $42,703. Residents of Phoenix, AZ typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

30%
<35k
66%
35k-100k
4%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

72%
Single, No Kids
13%
Single, with Kids
10%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

4%
<11 yrs old
2%
12-17 yrs old
22%
18-34 yrs old
69%
35-64 yrs old
3%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • PopeyesPopeyes

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 138 N 10th Ave

This home is located at 138 N 10th Ave in Phoenix, AZ and zip code 85007 in the Central City neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 5, 2025 and is currently priced at $399,900.

Phoenix, AZ housing market in January 2025 saw over 128 listings sold above listed price, more than 242 sold at listed price and over 583 sold below. Between December and January 2025, Phoenix, AZ real estate market has seen increase in the number of listings by 12.9%. While the average time on the market in January 2025 was 74 days, the median list price was $455,485.

From Rocket Homes Real Estate and based on county public records data.

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