1930-1938 E ADAMS STREET
Phoenix AZ 85034

$2,250,000
Price

22.0
Beds

16.0
Baths

0
Sqft

homeListing Details:

Listing ID: 7098707
Updated: 10/26/2026 12:59pm

Status Active/For Sale
Days On Market N/A
Taxes $4,960.00
HOA N/A
Type N/A
Open Parking 19
Year Built 1956
Lot Size 0.00
County Maricopa
Listed By Orion Investment Real Estate

descriptionDescription:

Adams Street Apartments is a 16-unit apartment community offering immediate value-add potential. Originally configured as 17 units, the property includes a storage room that could be converted back into a studio unit, creating an opportunity for additional rental income. Owned and operated by the same ownership since 2012, the property has benefited from consistent capital improvements, including new roofs, ongoing electrical panel replacements and extensive plumbing updates. Units have also been renovated incrementally as they become vacant. With a majority of long-term tenants paying below-market rents, the property offers investors multiple opportunities to increase income through continued renovations, loss to lease recovery and the restoration of the 17th unit.

mapProperty Location:

Listed By: Orion Investment Real Estate | Colt Siler 623-533-1746 | Garrett K Hemeyer 480-848-3168

Source: ARMLS
All information should be verified by the recipient, and none is guaranteed as accurate by ARMLS.



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