#6833764, Samantha Hardin, Listing Office: HomeSmart

917 N 8th St Phoenix, AZ 85006
Property details
About 917 N 8th St
Sale includes 917 & 921 N 8th St. 8th & Roosevelt consists of a historic home and additional land for development, located in the heart of the Garfield Historic District. The property sits on approximately a half-acre (gross) of land that is zoned R-5. The seller has a site plan to add (11) 1-bedroom units and (2) 2-bedroom units along with amenity space between the new units and the existing historic home. This would be a perfect small apartment community or short-term rental building in a ''Melrose Place'' type setting in downtown Phoenix. This is a fantastic, bite-sized opportunity for the seasoned investor or a local creative / artistic developer who wants to do a unique, fun project in the heart of one of the busiest, most dynamic, and eclectic areas in the entire Valley. 8th & Roosevelt is an awesome value-add / development opportunity in the heart of Downtown Phoenix. The property is located just east of 7th Street right off of Roosevelt in the heart of the gentrifying Garfield Historic District. Roosevelt and 7th Street is the east entrance to the happening Roosevelt Row district in the epicenter of Downtown Phoenix. It is minutes to the stadium district and a short bike ride / walk to the downtown ASU campus, Phoenix Burton Barr Library, and the Phoenix Art Museum. It is also minutes to Margaret T. Hance Park, which is the location of hundreds of activities including the McDowell Mountain Music Festival and many weekend food / craft festivals throughout the year. It is approximately a half mile to the I-10 Freeway to allow quick and easy access to all parts of the valley. This location is as central is it gets and allows residents to enjoy, with ease, so much of what Downtown and Midtown have to offer. With many dining, shopping, and entertainment options, as well as multiple freeway access points within minutes, 8th & Roosevelt Redevelopment Opportunity will prove to be a great place for residents to live as well as will be a very attractive parcel for a future class-A redevelopment in an A location. Phoenix is consistently on every national list for net influx of people and jobs, and the downtown area is expected to continue to explode with huge job growth in many different sectors; with Arizona State University's downtown campus rapidly expanding (already over 11,000 students and rapidly growing); with massive amounts of biotech investment and development in the area (the new Creighton University is approximately 2 miles away in midtown; the Phoenix Biomedical HUB is a couple blocks away; the stadium district is minutes away; the warehouse district is exploding around the corner to the south; and more). Opportunities like 8th & Roosevelt are rare and offer an investor a great value-add opportunity in one of the most active and desirable areas in the country.
Highlights
Summary
- MLS Number: 6741219
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: ABI Multifamily
- Office Phone: (602) 714-1400
- Listing Agent: John Klocek, Patrick Burch
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Last updated on: 3/14/2025, 4:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$990,000
917 N 8th St
$10,000
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jan 15, 2020 | Home Sold | $375,000 |
May 22, 2008 | Home Sold | $160,000 |
Jan 27, 2006 | Home Sold | $106,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $20,990 | $919 |
2023 | $16,525 | $886 |
2022 | $13,000 | $880 |
2020 | $10,975 | $890 |
2019 | $8,355 | $409 |
2017 | $5,935 | $399 |
History based on county public records data.
Nearby schools
4
Asu Preparatory Academy- Phoenix Elementary School
Public Charter KG-4
0.3 mi
•735 E Fillmore St
8
Vista College Preparatory
Public Charter KG-5
1.7 mi
•812 S 6th Ave
5
Imagine Academy of Phoenix
Public Charter KG-5
2.3 mi
•2645 N 24th St
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 $19,789. The majority of Phoenix, AZ residents have income less than $<35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
About 917 N 8th St
This home is located at 917 N 8th St in Phoenix, AZ and zip code 85006 in the Central City neighborhood. This 1,465 square foot home, which was built in 1906, sits on a 0.41 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 8, 2024 and is currently priced at $990,000.
Over 185 listings were sold over their listed price in February 2025 in Phoenix, AZ. In the same period over 657 listings were sold below the listed price and 322 listings were sold for the listed price. Between January and February 2025, Phoenix, AZ real estate market has seen increase in the number of listings by 11.5%. In February 2025, listings were on the market for 71 days. During the same period, the median list price in this real estate market was $456,254.