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$785,000
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Property Description
Partially remodeled investment property next to Grand Canyon University. Built in 1981 and remodeled in 2025, this property features six spacious 2BD/1BA units with in-unit washer/dryer hookups and open floor plans. Each unit is individually metered for electricity, the property offers tenant convenience and expense control. Only one unit is currently occupied, a great investment opportunity for behavioral health facilities or sober living communities.
Full Property Details
Full Property Details for 2535 W Missouri Ave
General
- Sold For: $785,000
- Taxes: $3,216 (2024)
- Status: Closed
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6942830
- Added to Site: 119 day(s) ago
Interior
- Appliances: Dishwasher, Refrigerator, Built-In Electric Oven, Washer/Dryer, Washer and Dryer Hookups
- Flooring: Laminate, Vinyl
Parking
- Parking Features: Add'l Parking Avail, >1 Space Per Unit
Location
- County: Maricopa
- Township: 2N
- Subdivision: OPENSHAW ACRES G-M
- Cross Streets: W Missouri and N 27th Ave
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Individual
- Heating Type: Individual, Central, Electric
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 3
- Exterior Const.: Wood Siding, Wood Frame, Stucco
- Roof: Composition
- Year Built: 1981
Lot Features
- Lot Dimensions: 64' x 301.8'
- Frontage: Asphalt
- Zoning: R-3
Financial Considerations
- Tax Amount: $3,216
- Tax Year: 2024
- Terms: CTL, Conventional, 1031 Exchange
- Owner Pays: Trash Collection, Water, Sewer
Disclosures and Reports
- Legal Description: LOT 3 OPENSHAW ACRES G-M MCR 001814
- Property ID: 153-20-008-A
- Range: 2E
- Section: 13
- Lot Number: 3
Listed and Sold by Orion Investment Real Estate
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Schools
Schools serving 2535 W Missouri Ave
School Districts:Alhambra Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Cordova Middle School 5631 North 35th Avenue, Phoenix, AZ 85017 | K-8 | 1.1 mi |
Alhambra High School 3839 West Camelback Road, Phoenix, AZ 85019 | 9-12 | 1.7 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 2535 W Missouri Ave
Date
Details
Price
Change
Source
1/30/2026
Sold
$785,000
-12.68%
MLS
12/14/2025
Price Reduced
$899,000
-14.38%
MLS
11/04/2025
Listed
$1,050,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2535 W Missouri Avenue, Phoenix, AZ 85017 (MLS# 6942830) is a Multi-Family property that was sold at $785,000 on January 30, 2026. Want to learn more about 2535 W Missouri Avenue? Do you have questions about finding other Multi-Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

