$1,700,000

Estimated payment $9,284/month

16 Beds
14 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Gated with Attendant
  • Private Pool
  • Zoned Heating and Cooling System
  • Phoenix Coding Academy Rated A
  • Patio
  • Two cooling system units

About This Home

COLTER 9 at 810 E Colter St, Phoenix is a 9-unit value-add condo package in Uptown Phoenix. Built in 1962 with classic mid-century block construction, this asset provides instant cash flow and immense upside near the thriving 7th St & Camelback corridor.

THE ASSET: 9 individually parceled units (two 3BR, three 2BR, four 1BR).

EXIT: Separate parcels support a portfolio sale or high-margin retail sales.

VALUE-ADD: Modernize original interiors to maximize premium rental rates.

LOCATION: Walkable to elite dining, light rail, and Madison School District.

AMENITIES/HOA: Gated access, pools, covered parking. HOA covers exterior, roofs, water, sewer, and trash.

Listing Agent

Natan Jacobs

ABI Multifamily License #BR525576000 Listed on: 08/27/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,138

Year Built

  • Built in 1962

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Parking

  • 14 Parking Spaces
  • Carport
  • Off-Street Parking

Outdoor Features

  • Private Pool
  • Patio

Schools

  • Madison Rose Lane Elementary School
  • Madison #1 Elementary Middle School
  • North High School

Utilities

  • Two cooling system units
  • Zoned Heating and Cooling System
  • Natural Gas Not Available

Additional Features

  • 16 Bedrooms
  • Additional Parcels

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 162-15-089

Community Details

Overview

  • 3 Buildings
  • 9 Units
  • Building Dimensions are IRR
  • Imperial Plaza Condominium Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $57,395
  • Gross Income $162,450
  • Net Operating Income $105,056

Security

  • Gated with Attendant

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,138

Year Built

Built in 1962

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 7th Street & Camelback Road
  • Property Type: Multiple Dwellings
  • Zoning: R-4, Phoenix
  • Number Of Buildings: 3
  • Ownership: Condominium
  • Year Built: 1962
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Professional Management Expense: 8123.0
  • Subdivision Name: IMPERIAL PLAZA CONDOMINIUM
  • Const - Finish:Const - Finish: Painted
  • Cooling:Cooling: Central Air, Electric, Individual, 2 or More Units
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: APS
  • Sale Includes:Sale Includes: Other (See Remarks)
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Total Bedrooms: 16

Exterior Features

  • Pool Private: Yes
  • Disclosures: None
  • Construction Type: Block, Wood Frame, Slump Block, Painted
  • Roof: Composition
  • Exterior Amenities: Patio/Balcony, Guard Gate

Garage/Parking

  • Total Covered Spaces: 14.0
  • Parking Features: Carport, <1 Space Per Unit, Off Street
  • Attached Garage: No
  • Total Parking Spaces: 14.0
  • Parking Features:Parking Features: Carport, <1 Space Per Unit, Off Street

Utilities

  • Electric: APS
  • Cooling: Central Air, Electric, Varies by Unit, 2 or More Units
  • Heating: Zoned, Electric, Varies by Unit, Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, See Remarks
  • Gas:Gas: None

Condo/Co-op/Association

  • Community Features: Pool

Schools

  • Elementary School: Madison Rose Lane School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison #1 Elementary School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: Yes
  • Parcel #: 162-15-089

Multi Family

  • Owner Pays: See Remarks
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 9
  • Annual Gross Income: 162450.0
  • Insurance Expense: 7200.0
  • Maintenance Expense: 4500.0
  • Property Net Operating Income: 105056.0
  • Annual Operating Expense: 57395.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 3138.0
  • Tax Book Number: 162.0
  • Tax Lot: 4

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 Prior Sale
08/27/2026 08/27/26 For Sale $1,700,000 +325.0% --
04/26/2018 04/26/18 Sold $400,000 -11.1% $228 / Sq Ft View Prior Sale
03/12/2018 03/12/18 Pending -- -- --
02/20/2018 02/20/18 Price Changed $450,000 -18.2% $257 / Sq Ft
02/14/2018 02/14/18 For Sale $550,000 0.0% $314 / Sq Ft
01/08/2018 01/08/18 Pending -- -- --
12/16/2017 12/16/17 For Sale $550,000 0.0% $314 / Sq Ft
12/02/2017 12/02/17 Pending -- -- --
11/27/2017 11/27/17 For Sale $550,000 +66.7% $314 / Sq Ft
03/31/2016 03/31/16 Sold $330,000 -2.9% $188 / Sq Ft View Prior Sale
03/03/2016 03/03/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $340,000 -- $194 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7072364

Arizona Regional Multiple Listing Service (ARMLS)
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