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$1,650,000

  • Sold
  • Closed
  • Multi-Family
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Unique W Downtown Phoenix area 16 unit complex. Under $110K/door & $224/sf! 9 of the 16 units have recently been upgraded w/ new roofs. Seller financing at 5.25% i/o with a 5 yr balloon at 45-50% LTV. 9+ CAP proforma. New construction apartments across the street w/ many owner-occupants within a block. The complex consists of 16 units (all 1 bedroom/1 bathroom (488/sf /-). 7800 total +/-. Nine buildings on six contiguous lots (36,400 total sf +/-). Ample surface parking. Three duplex buildings line Adams St (6). Four duplexes line 21st Ave with one SF house (9). 2105 W Monroe is the 16th unit. All separate electric/gas that is tenant-paid. Four water meters. Zoned R-3. Long-term owner. Rents range from $1000-$1297.

Full Property Details for 2102 W Adams St

General

  • Sold For: $1,650,000
  • Taxes: $518 (2023)
  • Status: Closed
  • Type: Multi-Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6749136
  • Added to Site: 509 day(s) ago

Interior

  • Flooring: Other, Ceramic Tile, Vinyl

Parking

  • Total Spaces: 32
  • Parking Features: Other, Assigned, Add'l Parking Avail, >1 Space Per Unit, Carport

Location

  • County: Maricopa
  • Township: 1N
  • Subdivision: CAPITOL ADDITION
  • Cross Streets: 21st Ave & Adams/Monroe

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Other, See Remarks, Wall/Window Air Conditioning, Electric
  • Heating Type: Other, See Remarks, Individual, Heat Pump, Window/Wall Unit(s), Electric

Utilities

  • Water: Other, See Remarks, City Franchise

Structural Information

  • # Buildings: 9
  • Exterior Const.: Other, Brick Veneer, Brick
  • Roof: Composition
  • Year Built: 1921

Unit Information

  • Vacancy %: .08

Lot Features

  • Lot Dimensions: 36400
  • Frontage: Asphalt
  • Zoning: R-3

Financial Considerations

  • Tax Amount: $518
  • Tax Year: 2023
  • Terms: Other (See Remarks), Conventional, Owner May Carry
  • Owner Pays: Trash Collection, Water, Sewer, Landscaping

Disclosures and Reports

  • Multiple Parcels: Yes
  • Legal Description: CAPITOL
  • Property ID: 109-32-095
  • Range: 2E
  • Section: 12
  • Lot Number: 24

Listed by Better Homes & Gardens Real Estate SJ Fowler
Sold by Compass

Listing agent

— 2102 W Adams St —

  • Better Homes & Gardens Real Estate SJ Fowler

Get Pre-Approved Today

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with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2102 W Adams St

School Districts:Phoenix Union High School District, Phoenix Elementary District
NameGradesDistance
Mary Mcleod Bethune School
1310 South 15th Avenue, Phoenix, AZ 85007
PK-81.3 mi
Central High School
4525 North Central Avenue, Phoenix, AZ 85012
9-124.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2102 W Adams St

Date
Details
Price
Change
Source
4/29/2025
Sold
$1,650,000
-5.71%
MLS
3/10/2025
Price Reduced
$1,750,000
-12.28%
MLS
1/14/2025
Price Reduced
$1,995,000
-10.14%
MLS
12/12/2024
Price Reduced
$2,220,000
-4.31%
MLS
11/09/2024
Price Reduced
$2,320,000
-3.33%
MLS
8/27/2024
Listed
$2,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Better Homes & Gardens Real Estate SJ Fowler
Sold by Compass

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2102 W Adams Street, Phoenix, AZ 85009 (MLS# 6749136) is a Multi-Family property that was sold at $1,650,000 on April 29, 2025. Want to learn more about 2102 W Adams Street? Do you have questions about finding other Multi-Family real estate for sale in Central City? You can browse all Central City real estate or contact a Coldwell Banker agent to request more information.