9643 N 10TH Avenue, Phoenix, AZ 85021 (MLS# 6021591)

9643 N 10TH Avenue, Phoenix, AZ 85021

$445,000

Property Type: Multiple Dwellings Status: Closed

Current Price: $445,000 Last Modified: 5/04/2026

Overview

Description

We are pleased to announce well maintained 4 plex in the of North Phoenix. This block-construction 4 plex has been recently rehabbed and consists of two one-bedroom/one bath and two two bedroom/one bath apartments. Each unit has dual pane windows, newer doors, newer appliances and fixtures, ceramic tile floors, newer electric service panels, and paint. The roof and A/C units are also newer. In addition, each unit has a covered parking space and a storage space. Possible room for stack able washer and dryer. Rents are way below market owner self manages and has not raised rents in years 650-750 currently. Proforma rents are 800-900. All facts and figures are approximate buyer verify MLS information. Drive by only tenants are unaware of sale.

Listing Details MLS# 6021591

Location, Tax & Legal

Map Code/Grid: M34
House Number: 9643
Compass: N
Street Name: 10TH
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85021
Zip4: 3121
Country: US
County Code: Maricopa
Subdivision: TURNER TERRACE PT LOT 58 OR FOOTHILL ACRES
Assessor Number: 158-34-066
Tax Year: 2019
Assessor's Map #: 34
Legal Description (Abbrev): TURNER TERRACE PT LOT 58 OR FOOTHILL ACRES
Assessor's Parcel #: 66
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 104501
Taxes: 825
Legal: LOT 19 TURNER TERRACE PT LOT 58 OR FOOTHILL ACRES MCR 004332
Marketing Name: TURNER TERRACE

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: unknown
Year Built: 1964
Total # of Units: 4
# of Buildings: Yes
Zoning: R-4
Elementary School District: Washington Elementary District
High School District: Glendale Union High School District
Elementary School: Other
Jr. High School: Other
High School: Other
Uncvrd Parking Spcs: 0

Remarks Misc

Cross Street: 15th Ave & Peoria Ave
Directions: South on 15th Ave. East on Mountain View Rd. South on 10th Ave to property.

Status Change Info

Off Market Date: 2020-08-24
Under Contract Date: 2020-07-15
Close of Escrow Date: 2020-08-31

Legal Info

Township: 3N
Range: 3E
Section: 30
Lot Number: 19

More Information

Income Expenses

Gross Annual Sch Inc: 40800
Net Operating Income: 29315

1 Bedroom Units

# 1 Bedroom Units: 2
Avg Rent: 800
Avg SqFt: 608
# Baths: Yes

2 Bedroom Units

# 2 Bedroom Units: 2
Avg Rent: 900
Avg SqFt: 792
# Baths: Yes

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

Four Plex: Yes

Construction

Block: Yes

Const - Finish

Painted: Yes

Roofing

Composition: Yes

Floors

Ceramic Tile: Yes
Carpet: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Annual Elec Exp: 120
Annual Gas Exp: 0
Annual Ins Exp: 1500
Annual Land Lse Exp: 0
Annual Landscape Exp: 500
Annual Legal & Acctg: 0
Annual Maint Exp: 3000
Annual Mgmt Exp: 0
Annual Trash Exp: 1000
Annual Wtr/Swr Exp: 2500
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 9445
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 38760
Total Monthly Rental Income: 3400

Pmt & Rate Info

Cap Rate: 6.51
Down Payment: 0
Equity: 450000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0

Showing Notification Methods

Text: Yes

Lockbox Type

None: Yes

Community Features

No Pool: Yes

Heating

Individual: Yes

Cooling

Evaporative Cooling: Yes
Electric: Yes
Individual: Yes

Tenant Pays

Gas: Yes
Electricity: Yes

Appliances Included

Refrigerator: Yes
Built-In Range: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

Carport: Yes

Electric

APS: Yes

Gas

SW Gas: Yes

Owner Pays

Water: Yes
Sewer: Yes
Trash Collection: Yes

New Financing

Conventional: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Existing 1st Loan Type

Not Applicable: Yes

Existing 1st Loan Terms

Not Applicable: Yes

Existing 2nd Loan

Treat as Free&Clear: Yes

Existing 2nd Loan Type

Not Applicable: Yes

Existing 2nd Loan Terms

Not Applicable: Yes

Existing 3rd Loan

Treat as Free&Clear: Yes

Existing 3rd Loan Type

Not Applicable: Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes

Existing 3rd Loan Terms

Not Applicable: Yes

Environmental

None: Yes

Existing Othr Ln Trm

Not Applicable: Yes

Efficiency Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: Four Plex Construction: Block Const - Finish: Painted Roofing: Composition Floors: Ceramic Tile; Carpet Sale Includes: Land & Building Community Features: No Pool Appliances Included: Built-In Range; Refrigerator Heating: Individual Cooling: Electric; Evaporative Cooling; Individual Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: Carport Road Surface Type: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Gas Source of Fincl Data: Owner Showing Notification Methods: Text Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Conventional Environmental: None

Listing Office: Grace CRE

Last Updated: May - 04 - 2026