$2,650,000

Estimated payment $14,241/month

Total Views 2,287
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Multiple cooling system units
  • Central Heating
  • Ceiling Fan
  • Phoenix Coding Academy Rated A

About This Home

Welcome to The Chesterfield! Fully remodeled and separately metered, this 11-unit apartment complex in Central Phoenix offers a rare combination of flexibility, design, and cash flow potential. Each unit has been tastefully updated with modern finishes, new flooring, and contemporary kitchens and baths. All units can include appliances, furnishings, and assigned parking,ready for immediate operation. Currently run as a successful short term operation, this property is also perfectly positioned for midterm rentals catering to travel nurses, medical professionals, and corporate clients. Located within minutes of Banner University Medical Center, St. Joseph's Hospital, Phoenix Children's Hospital, and the VA Medical Center, this area experiences consistent demand for fully furnished stays ranging from 30 to 90 days.
Highlights: -11 fully remodeled units - all separately metered for gas & electric
-Can be sold fully furnished with appliances included
-Dedicated parking
-Walking distance to major hospitals and transit routes
-Excellent opportunity for Airbnb, midterm, or long-term leasing strategies
-Proven income performance in one of Phoenix's strongest rental corridors This is a plug-and-play investment in a thriving, high-demand location, ideal for the investor looking to scale in one of the Valley's most stable and profitable rental markets.

Listing Agent

Lauren Rosin

eXp Realty License #BR558852000 Listed on: 11/13/2025

eXp Realty

Co-Listing Agent

John Galaviz

eXp Realty License #BR673471000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,617

Year Built

  • Built in 1961

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 12 Parking Spaces
  • 6 Covered Spaces
  • Paved Parking
  • On-Street Parking
  • Assigned Parking

Schools

  • Longview Elementary School
  • Osborn Middle School
  • North High School

Utilities

  • Multiple cooling system units
  • Central Heating
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 155-17-065

Community Details

Overview

  • 3 Buildings
  • 11 Units
  • Building Dimensions are 97x303
  • Chesterfield Place Subdivision

Building Details

  • Operating Expense $40,133
  • Gross Income $253,000
  • Net Operating Income $212,867

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,617

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: 10th St and Indian School
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1961
  • Tax Year: 2024
  • Co List Office Mls Id: xpre22
  • Co List Office Phone: 480-420-4455
  • Subdivision Name: CHESTERFIELD PLACE
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free-Standing Range, Refrigerator, Free-Standing Gas Oven, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Paved, Assigned, 1 Space/Unit, On Street
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 12.0
  • General Property Description:Covered Parking Spcs: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking Features:Assigned: Yes
  • Parking Features:Paved2: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Ceiling Fan(s), Electric, Individual, 2 or More Units
  • Heating: Central, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: See Remarks, No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Fee Information

  • Annual Fuel Expense: 3696.0
  • Trash Expense: 4800.0
  • Annual Water Sewer Expense: 7320.0

Schools

  • Elementary School: Longview Elementary School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Lot Size: 97x303
  • Additional Parcels: No
  • Parcel #: 155-17-065

Multi Family

  • Owner Pays: See Remarks, Gas, Electricity, Trash Collection, Water, Sewer, Cable TV, Landscaping
  • Number Of Units Total: 11
  • Electric Expense: 11400.0
  • Annual Gross Income: 253000.0
  • Insurance Expense: 7500.0
  • Property Net Operating Income: 212867.0
  • Annual Operating Expense: 40133.0

Tax Info

  • Tax Annual Amount: 3617.0
  • Tax Book Number: 155.00
  • Tax Lot: 15

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2025 11/13/25 For Sale $2,650,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6937078

Arizona Regional Multiple Listing Service (ARMLS)