1018 N 22nd Place, Phoenix, AZ 85006

$1,100,000

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List Price
$1,100,000
Price Change
▼ $25,000 1781661286
Days on Market
169
Status
ACTIVE
MLS#
6981950
City
Phoenix
Year Built
1986

Property Description

1018 & 1022 North 22nd Place is an 8-unit, garden-style apartment community built in 1986, featuring a desirable unit mix of 100% two-bedroom, one-bathroom apartments. The property is comprised of two individually parceled fourplexes, offering flexibility for financing or future disposition strategies. Each unit is separately metered for electricity and includes ample on-site parking. Ideally located just minutes from Downtown Phoenix, Sky Harbor International Airport, and major freeway access, the asset provides a clear value-add opportunity through interior and exterior upgrades and presents strong upside potential.

Additional Information

Community Features
Other
Construction
Wood Frame, Stucco
Cooling
Electric, Varies by Unit
Electric
Individual Meter
Heating
Electric, Varies by Unit
New Financing
Conventional, 1031 Exchange, Cash
Parking Features
>1 Space Per Unit
Roofing
Composition
Taxes
$681
Tax Year
2025
Tenant Pays
Electricity
Units
8
Water
City Franchise
Zoning
R-5

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of ABI Multifamily.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.