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1802 N 26th Place, Phoenix AZ 85008

$1,849,000

Ivy RealtyBrokerage: Ivy Realty
(623) 299-4954
1802 N 26th Place, Phoenix photo 11 / 19

Home facts

Price
$1,849,000
Status
Active
Beds
22
Baths
11
Year built
1960
Type
F
Pool
No
Water
City Franchise
Sewer
Sewer - Public
MLS #
7092695

Listed by ABI Multifamily · 602-714-1400

Courtesy of ARMLS · Presented by Ivy Realty, (623) 299-4954

About this home

1802 N 26th Pl is an attractive opportunity to acquire a fully occupied 10-unit multifamily asset generating an in-place cap rate of 6.33%, with additional upside through completing remaining interior & exterior renovations. Strong in-place rents and occupancy, coupled with a significant concentration of three and four-bedroom units, provide a compelling competitive advantage in a submarket with strong demand for larger floor plans. Built in 1960, the property has undergone substantial reconstruction and renovation, including five fully reconstructed units and two renovated units in 2021, while three units remain in classic condition. Recent capital improvements include new roofs, plumbing lines, electrical systems, and upgraded interiors across seven units.

Features

Roof

Composition

Sewer

Sewer - Public

Cooling

Ceiling Fan(s), Electric, Individual

Heating

Individual

Electric

SRP

Flooring

Ceramic Tile, Vinyl

WaterSource

City Franchise

ParkingFeatures

>1 Space Per Unit

CommunityFeatures

No Pool

ConstructionMaterials

Wood Frame, Painted, Stucco

Map

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Nearby sales

Closed within about ¾ mile in the last 6 months (ARMLS).

AddressSoldPriceBeds/BathsSq ftListing brokerage
2638 E WILLETTA StreetOct 5, 2026$347,0002/2—West USA Realty
3005 E HUBBELL StreetSep 29, 2026$419,9003/2—Maplewood Homes
2510 N 26TH StreetSep 13, 2026$555,0003/2—Keller Williams Realty Phoenix
2012 N 23RD StreetSep 3, 2026$425,0003/2—Keller Williams Arizona Realty
3011 E YALE StreetAug 27, 2026$343,0002/1—Milgrove Realty
3043 E CYPRESS StreetAug 19, 2026$460,0004/2—HomeSmart

Source: ARMLS IDX via Ivy Realty, updated Oct 12, 9:04 AM (Arizona time).

Listing information courtesy of the Arizona Regional Multiple Listing Service (ARMLS). Information deemed reliable but not guaranteed. Copyright ARMLS.

Use of this search or AI does not create an agency relationship. Agency begins only with a written agreement with Ivy Realty.

Ivy Realty · 20325 N 51st Ave, Bldg 5, Ste 134, Glendale, AZ 85308 · (623) 299-4954 · Designated Broker Ivy Clay, License #LC722089000

Equal Housing Opportunity logoEqual Housing Opportunity

Licensees: see Ivy Realty plans (100% plan $25/mo + $395 per closed transaction, or 80/20 with $0 monthly and $0 per transaction).

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