16 Beds
16 Beds
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Imperial Plaza Condominium
MLS Listing ID 7072364
Bedrooms 16
Maintenance Fees $4,500
Year Built 1962
Annual Tax Amount $3,138
Tax Year 2025
Lot Dimensions IRR
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
THE ASSET: 9 individually parceled units (two 3BR, three 2BR, four 1BR).
EXIT: Separate parcels support a portfolio sale or high-margin retail sales.
VALUE-ADD: Modernize original interiors to maximize premium rental rates.
LOCATION: Walkable to elite dining, light rail, and Madison School District.
AMENITIES/HOA: Gated access, pools, covered parking. HOA covers exterior, roofs, water, sewer, and trash.
Location
State AZ
County Maricopa
Community Imperial Plaza Condominium
Area Maricopa
Zoning R-4, Phoenix
Direction From 7th Street & Camelback Road, head North to Colter Street. Turn Right (East), Property is located at the NWC of 8th Place & Colter Street.
Interior
Heating Individual, Central, 2 or More Units, Electric
Cooling Central Air, Electric, Individual, 2 or More Units
Flooring Carpet
Appliance See Remarks
Exterior
Parking Features Off Street, <1 Space Per Unit, Carport
Community Features Pool
Roof Type Composition
Private Pool Yes
Building
Sewer Sewer-In & Connected, Public Sewer
Water See Remarks, City Franchise
New Construction No
Schools
Elementary Schools Madison Rose Lane School
Middle Schools Madison #1 Elementary School
High Schools North High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 162-15-089
Acceptable Financing Other (See Remarks), 1031 Exchange
Disclosures None
Listing Terms Other (See Remarks), 1031 Exchange
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
NEARBY SCHOOL & BUSINESS
20860 N. Tatum Blvd., Phoenix, AZ 85050, United States