100% OCCUPIED + FULLY UPDATED ELECTRICAL & WIRING. Fully renovated 10-unit multifamily asset in the highly desirable Uptown Phoenix submarket. The property features a compelling unit mix across two contiguous parcels and benefits from approximately $355,000 of capital improvements completed over the last 1.5 years. With strong leasing momentum, stabilized operations, and market rent upside, this property is well-positioned for both yield-focused and appreciation-driven investors.
CloseDaily local analysis
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
This property is grouped with the current five-or-more-bedroom homes in Phoenix. Its asking price falls near the 75th percentile of that active group. The comparison uses 693 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $435,000, and the median is $297 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 8814 N 2ND Way, Phoenix, AZ 85020 | May 27, 2026 | 3 bd · 1,254 sqft | $379,000 | 0.1 mi |
| 334 E Hatcher Road, Phoenix, AZ 85020 | Apr 10, 2026 | — · 3,306 sqft | $800,000 | 0.4 mi |
| 9108 N CAVE CREEK Road, Phoenix, AZ 85020 | Jul 21, 2026 | — · 1,010 sqft | $350,000 | 0.4 mi |
| 315 E Carol Avenue, Phoenix, AZ 85020 | May 12, 2026 | 5 bd | $517,000 | 0.4 mi |
| 9424 N 2ND Place, Phoenix, AZ 85020 | Sep 28, 2026 | 2 bd · 840 sqft | $305,500 | 0.4 mi |
| 8540 N CENTRAL Avenue 1, Phoenix, AZ 85020 | May 22, 2026 | 2 bd · 1,644 sqft | $445,000 | 0.5 mi |
| 8540 N CENTRAL Avenue 5, Phoenix, AZ 85020 | Jun 26, 2026 | 2 bd · 1,458 sqft | $425,000 | 0.5 mi |
| 833 E ALICE Avenue, Phoenix, AZ 85020 | Apr 30, 2026 | 4 bd | $449,900 | 0.5 mi |
MLS timeline
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
Continue comparing
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