# 909 S 35TH Avenue, Phoenix, AZ 85009 > **TL;DR:** 8bd/8ba residential multi family, $1,079,999, built 1946. > A/C. Est. $5,776/mo. Listed 176 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,079,999 | | Bedrooms | 8 | | Bathrooms | 8 full | | Year Built | 1946 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 176 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $5,461 | | Estimated Insurance | $315 | | **Total** | **$5,776** | ## Key Amenities - A/C ## Property Highlights - Built in 1946 ## Description ### Agent Description Discover a prime investment opportunity in strong central Phoenix with this fully occupied 8-unit multifamily complex generating consistent cash flow from day one. This exceptional property comprises three spacious 1-bedroom, 1-bathroom units and five efficient studio units, perfectly positioned to capitalize on the area's high demand for affordable rentals where vacancies remain rare. Each unit features its own electrical sub-panel for independent metering and billing. While all three 1-bedroom units boast in-unit washer/dryers for premium tenant appeal, and studios share a convenient on-site laundry facility. The property is fully fenced with one dedicated parking spot per unit, creating a secure and organized community. Major systems including plumbing, electrical, and HVAC were professionally upgraded in 2021, ensuring reliability and minimal maintenance concerns for years to come. The property is well-maintained with regular upkeep including fresh paint and timely repairs. With its R-5 zoning allowing for maximum density in multifamily development, this property presents significant future redevelopment possibilities for investors seeking long-term upside potential. Located strategically near Downtown Phoenix, the Central Avenue light rail extension, and with easy access to I-10 and I-17, residents enjoy quick commutes to key employment corridors and major transit routes. Beyond the stable current income, this is a true value-add opportunity--the large lot provides room for expansion, and there's strong potential to increase returns by replacing flooring and installing washer/dryers in the remaining studio units, or utilizing the huge courtyard for income-producing amenities like vending machines. This combines built-in stability with substantial upside for an investor ready to maximize returns. DRIVE-BY ONLY; please do not disturb tenants. Walkthroughs available only with accepted offers. Buyer to verify all information. ## Location - **Address:** 909 S 35TH Avenue, Phoenix, AZ 85009 - **County:** Maricopa - **Neighborhood:** TIERRA VERDE - **Coordinates:** 33.439318, -112.134254 - **Google Maps:** https://www.google.com/maps?q=33.439318,-112.134254 ## Listing Agent - **Name:** Ari Verma - **Brokerage:** Fathom Realty - **Broker Phone:** (480) 443-4300 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/909-S-35th-Ave_Phoenix_AZ_85009_M23284-79773?f=listhub&s=ARMLSAZ&m=7025359&c=propsimple) ## Photos ![909 S 35TH Avenue - Photo 1](http://lh.rdcpix.com/c02e294ee7cd1596c99ee165f8e95bffl-f3120120044r.jpg) ![909 S 35TH Avenue - Photo 2](http://lh.rdcpix.com/c02e294ee7cd1596c99ee165f8e95bffl-f588955657r.jpg) ![909 S 35TH Avenue - Photo 3](http://lh.rdcpix.com/c02e294ee7cd1596c99ee165f8e95bffl-f1813938627r.jpg) ![909 S 35TH Avenue - Photo 4](http://lh.rdcpix.com/c02e294ee7cd1596c99ee165f8e95bffl-f3685939928r.jpg) ![909 S 35TH Avenue - Photo 5](http://lh.rdcpix.com/c02e294ee7cd1596c99ee165f8e95bffl-f1698180650r.jpg) ![909 S 35TH Avenue - Photo 6](http://lh.rdcpix.com/c02e294ee7cd1596c99ee165f8e95bffl-f1827459921r.jpg) ![909 S 35TH Avenue - Photo 7](http://lh.rdcpix.com/c02e294ee7cd1596c99ee165f8e95bffl-f4231925658r.jpg) ![909 S 35TH Avenue - Photo 8](http://lh.rdcpix.com/c02e294ee7cd1596c99ee165f8e95bffl-f715952800r.jpg) ![909 S 35TH Avenue - Photo 9](http://lh.rdcpix.com/c02e294ee7cd1596c99ee165f8e95bffl-f1270784868r.jpg) ![909 S 35TH Avenue - Photo 10](http://lh.rdcpix.com/c02e294ee7cd1596c99ee165f8e95bffl-f3638190066r.jpg) ![909 S 35TH Avenue - Photo 11](http://lh.rdcpix.com/c02e294ee7cd1596c99ee165f8e95bffl-f1421502382r.jpg) ![909 S 35TH Avenue - Photo 12](http://lh.rdcpix.com/c02e294ee7cd1596c99ee165f8e95bffl-f842236246r.jpg) ![909 S 35TH Avenue - Photo 13](http://lh.rdcpix.com/c02e294ee7cd1596c99ee165f8e95bffl-f21745081r.jpg) ![909 S 35TH Avenue - Photo 14](http://lh.rdcpix.com/c02e294ee7cd1596c99ee165f8e95bffl-f2448971154r.jpg) ![909 S 35TH Avenue - Photo 15](http://lh.rdcpix.com/c02e294ee7cd1596c99ee165f8e95bffl-f814558542r.jpg) ![909 S 35TH Avenue - Photo 16](http://lh.rdcpix.com/c02e294ee7cd1596c99ee165f8e95bffl-f183838794r.jpg) ![909 S 35TH Avenue - Photo 17](http://lh.rdcpix.com/c02e294ee7cd1596c99ee165f8e95bffl-f1588965371r.jpg) ![909 S 35TH Avenue - Photo 18](http://lh.rdcpix.com/c02e294ee7cd1596c99ee165f8e95bffl-f3817643177r.jpg) ![909 S 35TH Avenue - Photo 19](http://lh.rdcpix.com/c02e294ee7cd1596c99ee165f8e95bffl-f3604618012r.jpg) ![909 S 35TH Avenue - Photo 20](http://lh.rdcpix.com/c02e294ee7cd1596c99ee165f8e95bffl-f361460272r.jpg) ![909 S 35TH Avenue - Photo 21](http://lh.rdcpix.com/c02e294ee7cd1596c99ee165f8e95bffl-f2971990056r.jpg) ![909 S 35TH Avenue - Photo 22](http://lh.rdcpix.com/c02e294ee7cd1596c99ee165f8e95bffl-f4095586839r.jpg) ![909 S 35TH Avenue - Photo 23](http://lh.rdcpix.com/c02e294ee7cd1596c99ee165f8e95bffl-f3377428935r.jpg) --- **MLS#:** 7025359 | **Updated:** 2026-10-27 **Source:** listhub *Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/909-s-35th-avenue-phoenix-az-85009-805b94510cf74da8b4cf525fe2dcc208) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/909-s-35th-avenue-phoenix-az-85009-805b94510cf74da8b4cf525fe2dcc208#listing", "url": "https://www.propertysimple.ai/listing/909-s-35th-avenue-phoenix-az-85009-805b94510cf74da8b4cf525fe2dcc208", "name": "909 S 35TH Avenue, Phoenix, AZ 85009", "description": "Discover a prime investment opportunity in strong central Phoenix with this fully occupied 8-unit multifamily complex generating consistent cash flow from day one. 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With its R-5 zoning allowing for maximum density in multifamily development, this property presents significant future redevelopment possibilities for investors seeking long-term upside potential. Located strategically near Downtown Phoenix, the Central Avenue light rail extension, and with easy access to I-10 and I-17, residents enjoy quick commutes to key employment corridors and major transit routes. Beyond the stable current income, this is a true value-add opportunity--the large lot provides room for expansion, and there's strong potential to increase returns by replacing flooring and installing washer/dryers in the remaining studio units, or utilizing the huge courtyard for income-producing amenities like vending machines. This combines built-in stability with substantial upside for an investor ready to maximize returns. DRIVE-BY ONLY; please do not disturb tenants. Walkthroughs available only with accepted offers. 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