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$1,100,000
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Property Description
This investment consists of four red-brick historic townhomes located just off Grand Avenue in the Triangle neighborhood, within walking distance of downtown. Each unit includes a private rear yard and full side-by-side laundry. The interiors feature eat-in kitchens with solid wood cabinets, granite countertops, stainless steel appliances, gas ranges, and oversized tub sinks. Units also feature vinyl plank flooring, central AC, double-pane windows and 55 inch TVs. The property is offered at a 5+ cap rate based on current actuals with long-term residents in place. New approved development across the street offers additional future value.
Full Property Details
Full Property Details for 508 N 9th Ave
General
- Price: $1,100,000
- Taxes: $1,263 (2026)
- Status: Active
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7087221
- Updated: 10/1/2026
- Added to Site: 9 day(s) ago
Interior
- Appliances: Disposal, Dishwasher, Refrigerator, Built-In Gas Oven, Washer/Dryer
- Flooring: Other, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Parking
- Parking Features: Other
Location
- County: Maricopa
- Township: 1N
- Subdivision: UNIVERSITY ADDITION
- Cross Streets: Grand Ave & 9th Ave
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 1
- Exterior Const.: Brick Veneer, See Remarks, Brick
- Roof: Composition
- Year Built: 1953
Lot Features
- Lot Dimensions: 6250
- Frontage: Asphalt
- Zoning: RES
Financial Considerations
- Tax Amount: $1,263.68
- Tax Year: 2026
- Terms: Cash, Conventional, 1031 Exchange
- Owner Pays: Other, See Remarks, None
Disclosures and Reports
- Legal Description: UNIVERSITY
- Property ID: 111-30-035
- Range: 3E
- Section: 6
- Lot Number: 8
Listed by Listed Simply
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Schools
Schools serving 508 N 9th Ave
School Districts:Phoenix Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Kenilworth Elementary School 1210 North 5th Avenue, Phoenix, AZ 85003 | PK-8 | 0.6 mi |
Central High School 4525 North Central Avenue, Phoenix, AZ 85012 | 9-12 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 508 N 9th Ave
Date
Details
Price
Change
Source
9/30/2026
Listed
$1,100,000
816.67%
MLS
7/23/2013
Sold
$120,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 508 N 9th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,209
—
$8,513
-86%
2025
$1,209
11%
$59,610
-22%
2022
$1,087
—
$76,010
57%
2022
$1,087
—
$48,310
44%
2022
$1,087
1%
$33,510
22%
2021
$1,079
-1%
$27,520
8%
2020
$1,092
—
$25,500
19%
2019
$1,090
2%
$21,480
45%
2018
$1,071
2%
$14,800
-6%
2017
$1,046
3%
$15,800
11%
2016
$1,016
8%
$14,230
49%
2015
$940
-2%
$9,530
35%
2014
$957
26%
$7,070
65%
2013
$762
—
$4,280
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 508 N 9th Ave
508 N 9th Avenue, Phoenix, AZ 85007 (MLS# 7087221) is a Multi-Family property with 4 units containing 4 bedrooms and 0 full bathrooms. 508 N 9th Avenue is currently listed for $1,100,000 and was received on September 30, 2026. Want to learn more about 508 N 9th 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.

