$8,609 Closing Credit¹
#6797556, Sherry L Rampy, Nola-Marie Schoen, Listing Office: Brokers Hub Realty, LLC
#6768625·
Listing Office: Clear Commercial Advisors·
Listing Agent: Donald Peper·
Listing Office Phone: 602-428-0000
825 N 2nd Ave Phoenix, AZ 85003
$4,930,000 List price
House
Property details
About 825 N 2nd Ave
Discover the charm of urban living in the heart of Roosevelt Row, one of downtown Phoenix's most vibrant and eclectic neighborhoods. This 24-unit apartment complex, featuring a mix of 1-bedroom/1-bath units and studio apartments, offers tenants the perfect combination of comfort and convenience. With a total rentable square footage of 8,788 SF, this property is just steps away from boutique restaurants, trendy bars, and unique shopping destinations. Each unit is individually metered for electricity, providing tenants with independent control over their utilities. The property also includes a community laundry room for added convenience. Currently, all units are occupied by an owner-user, and the owner may consider leasing back some units temporarily, depending on the terms. Please note that all numbers provided in the listing are proforma estimates. Located in the bustling Roosevelt Row area, this is a prime opportunity for investors seeking stable income and a property with excellent long-term potential. Please note: Drive-by only. Do not disturb tenants.
Highlights
Home typeOther
HeatingOther
StatusActive
CoolingOther
Year built1954
ParkingOther (See Remarks)
MLS #6768625
Summary
- MLS Number: 6768625
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: Clear Commercial Advisors
- Office Phone: (602) 428-0000
- Office Email: donny@clearcre.com
- Listing Agent: Donald Peper
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: 2/15/2025, 6:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,930,000
825 N 2nd Ave
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 21, 2014 | Home Sold | $1,500,000 |
| Apr 30, 2009 | Home Sold | $970,000 |
| Jan 09, 2008 | Home Sold | $1,988,000 |
| Oct 23, 1998 | Home Sold | $830,000 |
| Nov 09, 1990 | Home Sold | $340,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $183,026 | $- |
| 2023 | $162,375 | $- |
| 2022 | $127,215 | $- |
| 2020 | $155,880 | $- |
| 2019 | $144,000 | $10,896 |
| 2017 | $101,660 | $10,643 |
History based on county public records data.
Nearby schools
4
Asu Preparatory Academy- Phoenix Elementary School
Public Charter KG-4
0.7 mi
•735 E Fillmore St
8
Vista College Preparatory
Public Charter KG-5
1.3 mi
•812 S 6th Ave
4
Encanto Elementary School
Public District KG-3
2.3 mi
•1426 W Osborn Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $19,188. The majority of Phoenix, AZ residents have income less than $<35k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
66%
<35k
26%
35k-100k
6%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
92%
Single, No Kids
2%
Single, with Kids
5%
Married, No Kids
1%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
2%
<11 yrs old
0%
12-17 yrs old
62%
18-34 yrs old
29%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Burlington
Where do the neighbors go to eat?
Boston Market
Popeyes
White Castle
What do the neighbors drive?
Honda
Nissan
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 825 N 2nd Ave
This home is located at 825 N 2nd Ave in Phoenix, AZ and zip code 85003 in the Central City neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since October 9, 2024 and is currently priced at $4,930,000.
While more than 128 listings in Phoenix, AZ in January 2025 were sold above asking price, there were more than 242 listings sold at asking price, and more than 583 were sold below. In January 2025 in Phoenix, AZ there were 12.9% more homes for sale than in December. In January 2025, listings were on the market for 74 days. During the same period, the median list price in this real estate market was $455,485.
From Rocket Homes Real Estate and based on county public records data.