10034/44 N 18TH Avenue, Phoenix, AZ 85021 (MLS# 6271329)

10034/44 N 18TH Avenue, Phoenix, AZ 85021

$1,400,000

Property Type: Multiple Dwellings Status: Closed

Current Price: $1,400,000 Last Modified: 5/04/2026

Overview

Description

Welcome to Eight at Skycrest. Super rare all large two bedroom two bath units! Nice central Phoenix location close to the I17 freeway. This property is a portfolio of duplex's. 10044A 10044B 10033A 10033B all separately parceled and can residential financing or commercial but must be sold together. $350,000 per building for the total price of portfolio of $1,400,000. Roofs and Central air conditioners were replaced in 2017. property has been remodeled inside all units about 8 to 10 years ago. Market rents are 1200 to 1300. Current leases only 800 with two units discounted to 625 each for onsite manager and landscaper. Owner managed. Leased laundry onsite. Covered parking. All facts and figures are approximate buyer verify MLS information. Drive by only tenants are unaware of the sale.

Supplements: Viewing during inspection only no walk throughs. Once rents raised property will preform over 6. cap on proforma

Listing Details MLS# 6271329

Location, Tax & Legal

Map Code/Grid: M34
House Number: 10034/44
Compass: N
Street Name: 18TH
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85021
Zip4: 0956
Country: US
County Code: Maricopa
Subdivision: SKYCREST 2
Assessor Number: 158-38-001
Tax Year: 2020
Assessor's Map #: 38
Legal Description (Abbrev): LOT 165 SKYCREST 2 MCR 007902
Assessor's Parcel #: 1
Add'l Parcels: Yes
Tax Municipality: Phoenix
Census Tract: 104502
Taxes: 3076
Legal: LOT 165-168 SKYCREST 2 MCR 007902
Marketing Name: Eight at Skycrest

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 4 parcels
Year Built: 1961
Uncvrd Parking Spcs: 8
Total # of Units: 8
# of Buildings: 4
Zoning: R3
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District

Status Change Info

Off Market Date: 2021-09-16
Under Contract Date: 2021-08-01
Close of Escrow Date: 2021-09-15

Legal Info

Township: 3N
Range: 3E
Section: 30
Lot Number: 165

More Information

Income Expenses

Gross Annual Sch Inc: 120000
Net Operating Income: 96200

2 Bedroom Units

# 2 Bedroom Units: 8
Avg Rent: 1250
Avg SqFt: 1145
# Baths: 2

Sold Info

Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Buyer Concession to Seller: 0
Seller Concession to Buyer: 0

Project Type

Duplex: Yes
Tri-Plex: Yes
Four Plex: Yes
5 - 12 Units: Yes

Other Type

Packaged Offering: Yes

Construction

Block: Yes

Const - Finish

Painted: Yes

Roofing

Composition: Yes

Floors

Ceramic Tile: Yes
Other: Yes

Sale Includes

Other (See Remarks): Yes

Income & Expenses

Annual Elec Exp: 1200
Annual Gas Exp: 0
Annual Ins Exp: 3000
Annual Land Lse Exp: 0
Annual Landscape Exp: 2400
Annual Legal & Acctg: 0
Annual Maint Exp: 4000
Annual Mgmt Exp: 2400
Annual Trash Exp: 2500
Annual Wtr/Swr Exp: 4000
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 22576
Other Income: 1200
Vacancy Allowance: 0.02
Adjusted Gross Inc: 118776

Pmt & Rate Info

Cap Rate: 6.87
Equity: 1400000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Showing Notification Methods

Email: Yes

Lockbox Type

None: Yes

Community Features

See Remarks: Yes

Heating

Electric: Yes
Central: Yes

Cooling

Central Air: Yes

Exterior Amenities

Other (See Remarks): Yes

Interior Features

Other (See Remarks): Yes

Tenant Pays

Electricity: Yes
Other (See Remarks): Yes

Appliances Included

Other: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Projected Proforma: Yes

Water Source

Master Meter: Yes

Sewer

Sewer - Public: Yes

Parking Features

1 Space/Unit: Yes

Electric

SRP: Yes

Gas

Other (See Remarks): Yes

Owner Pays

Water: Yes
Sewer: Yes
Trash Collection: Yes
Landscaping: Yes

New Financing

Other (See Remarks): Yes

Existing 1st Loan

Other (See Rmks): Yes

Existing 1st Loan Type

Not Applicable: Yes

Existing 1st Loan Terms

Not Applicable: Yes

Existing 2nd Loan

Other (See Remarks): Yes

Existing 2nd Loan Type

Not Applicable: Yes

Existing 2nd Loan Terms

Not Applicable: Yes

Existing 3rd Loan

Other (See Remarks): Yes

Existing 3rd Loan Type

Not Applicable: Yes

Reports/Disclosures

Other (See Remarks): Yes

Existing 3rd Loan Terms

Not Applicable: Yes

Environmental

None: Yes

Existing Othr Ln Trm

Not Applicable: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: Duplex; Tri-Plex; Four Plex; 5 - 12 Units Other Type: Packaged Offering Construction: Block Const - Finish: Painted Roofing: Composition Floors: Ceramic Tile; Other Sale Includes: Other (See Remarks) Community Features: See Remarks Exterior Amenities: Other (See Remarks) Interior Features: Other (See Remarks) Appliances Included: Other Heating: Central Cooling: Central Air Water Source: Master Meter Sewer: Sewer - Public Electric: SRP Gas: Other (See Remarks) Parking Features: 1 Space/Unit Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity; Other (See Remarks) Source of Fincl Data: Projected Proforma Showing Notification Methods: Email Lockbox Type: None Existing 1st Loan: Other (See Rmks) Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Other (See Remarks) Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Other (See Remarks) Environmental: None

Listing Office: Grace CRE

Last Updated: May - 04 - 2026