8927 N 10th St., Phoenix, AZ 85020

8927 N 10th St., Phoenix, AZ 85020
Photo 1 of 3
$1,400,000
Beds Baths Sq. Ft. Taxes Built
8 8.00 0 $3,000 2026
On the market: 1 day

Est. Monthly Payment:

$8,633($8,383 + $250 taxes*)

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now 10 sharp bullet points Brand-new fourplex in North Phoenix Four spacious 2-bedroom, 2-bathroom units Approximately 850 SF per unit Projected rents of $2,000 per unit monthly $1,400,000 asking price Projected 5.65% cap rate; excludes vacancy and unlisted expenses Quartz countertops and modern cabinetry Stainless steel appliances, including microwaves and dishwashers Individual electric meters; water, sewer, and trash are master-metered New asphalt parking, manicured desert landscaping; Certificate of Occupancy pending, expected within approximately 30 days Introducing a newly constructed fourplex at 8927 N 10th Street in Phoenix. Each modern unit offers approximately 850 square feet with 2 bedrooms and 2 bathrooms. All four units are projected to rent for $2,000 per month each. The units feature quartz countertops, installed cabinetry, dual-pane windows, stainless steel appliances--including a microwave and dishwasher--and a new stackable washer and dryer in each unit. Each unit is individually metered for electricity. Water, sewer, and trash are master-metered. The property also offers a new asphalt parking lot and manicured desert landscaping. Conveniently located near SR-51, HonorHealth John C. Lincoln Medical Center, and area employment, shopping, and services. The Certificate of Occupancy is pending and is expected within approximately 30 days. Financial projections: Projected gross rent is $96,000 annually. Based on the provided expense estimates, projected NOI is $79,120, or an estimated 5.65% cap rate. Projected property taxes are $2,900 annually following reassessment; actual taxes may differ. The cap rate excludes vacancy and expenses not listed. All rents, income, expenses, taxes, and cap rate are estimates and are not guaranteed. The Certificate of Occupancy is pending. Buyer should independently verify all property details, financial information, taxes, permits, zoning, and other material facts. Information is deemed reliable but not guaranteed. Located in North Phoenix near the Sunnyslope area, 8927 N 10th Street offers convenient access to SR-51 via Greenway Road and nearby north-south routes. The property is near HonorHealth John C. Lincoln Medical Center and its surrounding medical offices, creating convenient access to healthcare and related employment. Nearby neighborhood services, shops, restaurants, and the Sunnyslope Transit Center add everyday convenience for residents
Listing courtesy of Linda Gerchick, Gerchick Real Estate