$4,550,000

2121 W Adams St Phoenix, AZ 85009

Central City Neighborhood

Estimated payment $26,391/month

Total Views 58
40 Beds
40 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

This home is located at 2121 W Adams St, Phoenix, AZ 85009 and is currently priced at $4,550,000. This property was built in 2025. 2121 W Adams St is a home located in Maricopa County with nearby schools including Mary Mcleod Bethune School, Phoenix Coding Academy, and Central High School.

Listing Agent

Adam Saylor

Marcus & Millichap License #SA659585000 Listed on: 08/21/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,156

Year Built

  • Built in 2025

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Stucco

Bedrooms and Bathrooms

  • 40 Bedrooms

Parking

  • 38 Open Parking Spaces
  • 38 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Not Available

Listing and Financial Details

  • The owner pays for water, sewer, trash collection, landscaping
  • Tax Lot 1
  • Assessor Parcel Number 109-32-135

Community Details

Overview

  • 2 Buildings
  • 20 Units
  • Building Dimensions are 42,042 sq ft.

Building Details

  • Operating Expense $89,143
  • Gross Income $357,846
  • Net Operating Income $253,623

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,156

Year Built

Built in 2025

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 2025
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Professional Management Expense: 15987.0
  • Const - Finish:Const - Finish: Stucco
  • Cooling:Cooling: Electric, Individual
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: APS
  • Sale Includes:Sale Includes: Land & Building
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Dishwasher, Disposal, Microwave, Washer/Dryer, W/D Hookup, Free-Standing Electric Oven
  • Total Bedrooms: 40

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Stucco
  • Roof: Foam

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 38.0
  • Total Parking Spaces: 38.0
  • Parking Features:Parking Features: >1 Space Per Unit

Utilities

  • Electric: APS
  • Cooling: Electric, Varies by Unit
  • Heating: Varies by Unit
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: None

Condo/Co-op/Association

  • Community Features: No Pool

Lot Info

  • Lot Size: 42,042 sq ft.
  • Additional Parcels: No
  • Parcel #: 109-32-135

Multi Family

  • Owner Pays: Water, Sewer, Trash Collection, Landscaping
  • Tenant Pays: Electricity
  • Number Of Units Total: 20
  • Electric Expense: 16000.0
  • Annual Gross Income: 357846.0
  • Insurance Expense: 9000.0
  • Maintenance Expense: 18000.0
  • Property Net Operating Income: 253623.0
  • Annual Operating Expense: 89143.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 17156.0
  • Tax Book Number: 109.0
  • Tax Lot: 1

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/21/2026 08/21/26 For Sale $4,550,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7069727

Arizona Regional Multiple Listing Service (ARMLS)

APN: 109-32-135

Arizona Maricopa County Phoenix 85009 Central City

2121 W Adams St, Phoenix, AZ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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Adam Saylor
Listing Agent
Adam Saylor
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Marcus & Millichap
(480) 600-2626
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