$1,890,000

8910 N 3rd St Phoenix, AZ 85020

North Central Neighborhood

Estimated payment $10,180/month

-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Brick Veneer
  • Cooling System Mounted To A Wall/Window
  • Concrete Flooring
  • Sunnyslope High School Rated A
  • Ceiling Fan
  • 2-minute walk to Palma Park

About This Home

FULLY UPDATED ELECTRICAL & WIRING. Fully renovated 10-unit multifamily asset in the highly desirable Uptown Phoenix submarket. The property features a compelling unit mix across two contiguous parcels and benefits from approximately $355,000 of capital improvements completed over the last 1.5 years. With strong leasing momentum, stabilized operations, and market rent upside, this property is well-positioned for both yield-focused and appreciation-driven investors.

Listing Agent

Hudson Robison

The Broker Reserve LLC License #BR692045000 Listed on: 11/26/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,732

Year Built

  • Built in 1945

Home Design

  • Brick Veneer
  • Composition Roof
  • Block Exterior

Flooring

  • Concrete
  • Vinyl

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Over 1 Space Per Unit
  • Paved Parking

Schools

  • Desert View Elementary School
  • Royal Palm Middle School
  • Sunnyslope High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Ceiling Fan
  • Additional Parcels

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 160-50-087

Community Details

Overview

  • 10 Units
  • Building Dimensions are 100 x 125
  • Sunnyslope Subdivision

Building Details

  • Operating Expense $37,781
  • Gross Income $135,660
  • Net Operating Income $97,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,732

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Cross Street: Dunlap & 3rd Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1945
  • Tax Year: 2024
  • Professional Management Expense: 4836.0
  • Subdivision Name: SUNNYSLOPE
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Const - Finish Brick Veneer: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl, Concrete
  • Appliances: See Remarks

Exterior Features

  • Disclosures: None
  • Construction Type: Brick Veneer, Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central Air, Ceiling Fan(s), Window/Wall Unit
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Annual Fuel Expense: 1520.0
  • Trash Expense: 3325.0
  • Annual Water Sewer Expense: 5051.0

Schools

  • Elementary School: Desert View Elementary School
  • High School: Sunnyslope High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Royal Palm Middle School

Lot Info

  • Lot Size: 100 x 125
  • Additional Parcels: Yes
  • Parcel #: 160-50-087

Multi Family

  • Owner Pays: See Remarks
  • Number Of Units Total: 10
  • Electric Expense: 2332.0
  • Annual Gross Income: 135660.0
  • Insurance Expense: 6985.0
  • Maintenance Expense: 11000.0
  • Property Net Operating Income: 97880.0
  • Annual Operating Expense: 37780.86
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2731.86
  • Tax Book Number: 160.00
  • Tax Lot: 20

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $159 $1,253 $1,253 --
2024 $150 $1,193 $1,193 --
2023 $150 $5,680 $5,680 $0
2022 $145 $3,870 $3,870 $0
2021 $147 $3,140 $3,140 $0
2020 $144 $2,700 $2,700 $0
2019 $141 $2,450 $2,450 $0
2018 $137 $1,850 $1,850 $0
2017 $137 $1,530 $1,530 $0
2016 $134 $1,370 $1,370 $0
2015 $124 $1,210 $1,210 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/26/2025 11/26/25 For Sale $1,890,000 +198.8% --
01/26/2024 01/26/24 Sold $632,500 -9.6% $719 / Sq Ft View Prior Sale
12/14/2023 12/14/23 For Sale $700,000 +144.8% $795 / Sq Ft
12/31/2016 12/31/16 Sold $286,000 -4.3% $325 / Sq Ft View Prior Sale
07/17/2016 07/17/16 For Sale $299,000 -- $340 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $1,265,000 Empire Title Agency
Warranty Deed $1,265,000 Empire Title Agency
Warranty Deed $149,500 Chicago Title Agency Inc
Warranty Deed $190,000 Capital Title Agency Inc
Warranty Deed $190,000 Capital Title Agency Inc
Warranty Deed $275,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 Seller Take Back
Previous Owner $600,000 Seller Take Back
Previous Owner $107,250 Commercial
Previous Owner $142,500 Purchase Money Mortgage
Previous Owner $190,506 Purchase Money Mortgage
Closed $28,500 No Value Available
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6951020

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-50-087

Arizona Maricopa County Phoenix 85020 North Central

8910 N 3rd St, Phoenix, AZ

For Sale

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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Hudson Robison
Listing Agent
Hudson Robison
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The Broker Reserve LLC
(602) 584-2457