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25783517
25783505

2210 W Morten Ave, Phoenix, AZ 85021

SE
AZ AZ BR705313000, IL IL 471021611 (+6)
SENW
Listed by SENW
$400,000
308 days on market
Updated 7 days ago

2210 W Morten Avenue, Phoenix, AZ 85021

Details
APN 157‑22‑021
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,255
Net Rentable (SqFt) 4,255
Units 5
Cap Rate 7.30%
Pro-Forma NOI $58,500
Broker Co-Op Yes
Class B
Year Built 1944
Year Renovated 2025
Buildings 1
Stories 1
Zoning M-M
Investment Type Value Add
Ownership Fee Simple

Mid-construction 5-unit shell in Central Phoenix. Ideal for investors or builders.

Marketing description

5 Unit building Mid-construction, Pre-app approved, Currently under site plan review pending with city due shortly. Come finish this property now and take advantage of a true value-add opportunity. Redevelopment opportunity in Central Phoenix. This half-finished structure is framed for five residential units and sits on a ±17,424 SF lot with alley access. The building is currently in shell condition — wood framing is complete, and some plumbing has been installed. The site layout allows for 12 future parking spaces at the rear of the property. Located in an established residential neighborhood just south of Northern Avenue, this project is ideal for investors or builders looking to complete and lease or sell in a high-demand infill location. All buyers to verify zoning.

Investment highlights

  1. 5-unit building under mid-construction

  2. Pre-application approved; final site plans pending with the city

  3. Framed structure on ±17,424 SF lot with alley access

  4. Wood framing complete; some plumbing installed

  5. Site layout allows for 10 future parking spaces

  6. Located in central Phoenix, just south of Northern Avenue

  7. Ideal value-add or redevelopment opportunity

  8. Strong infill location with investor/builder appeal

  9. Buyer to verify zoning

Listing Contacts

SE
AZ AZ BR705313000, IL IL 471021611 (+6)
SENW
Listed by SENW

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Additional Information

Name
Simon Enwia
License
AZ BR705313000
Brokerage
SENW
Title
CEO & Managing Broker
Brokerage Address
8100 West Oakton Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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