1518 W Colter Street Phoenix, AZ
$ 6,200,000
Property Attributes
  • MLS#5946049
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodNile Tract Blk 2
  • Zip85015
  • Style
  • Year Built1963
  • Taxes14978
  • Price$ 6,200,000
  • Bedrooms70
  • Full Bathrooms35
  • Half Bathrooms0
  • Sqr Footage31955
Listing Provided Courtesy Of:
ABI Multifamily
Property Description

The DC is a 35-unit apartment community located in the heart of North Central Phoenix on a nice, clean, quiet street where many revitalization efforts are taking place. It is less than 1 mile from 3 different light rail stations with the closest one being less than a half-mile away. The Christown Spectrum Shopping Center is approximately 3/5 of a mile away, featuring Costco, Target, Walmart, Harkins Theaters, and the light rail Park & Ride. The property's central location allows residents to enjoy, with ease, so much of what Phoenix has to offer. With many dining (the famed 7th Street Restaurant Row is less than 2 miles away), shopping, and entertainment options, as well as multiple freeway access points within minutes, The DC is an extremely desirable property for residents.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
6/28/2019 Listed $6,200,000

General Features

1 Bedroom Units: Avg Rent 0.00
2 Bedroom Units: Avg Rent 1080.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Block
Features No Pool
Listing Status Active
Map Code/Grid N34
Net Income 342754.00
New Financing Conventional
Owner Pays Water, Sewer, Trash
Property Type F
School District 001 - Phoenix Elementary District
Subdivision NILE TRACT BLK 2
Tenant Pays Electric, Gas
Type ER
Year Built 1963
Zoning R-3

Interior Features

2 Bedroom Units: # 2 Bedroom Units 35
2 Bedroom Units: # Baths 1
2 Bedroom Units: Avg Sqft 913
Appliances Included BI Oven/Range, Refrigerator, Disposal, Microwave, Washer/Dryer
Cooling Individual
Electric APS
Floors Ceramic Tile, Vinyl/Composition
Gas SW Gas
Heating Individual
Interior Features Unfurnished
Total Number of Units 35.00

Exterior Features

Public Remarks The DC is a 35-unit apartment community located in the heart of North Central Phoenix on a nice, clean
Sale Includes Land & Building, Laundry Equipment
Const - Finish Painted
Covered Parking Spcs 35.00
Exterior Features Landscape Wtr System, Desert Landscaping, Fenced, Security Guard, Security Light(s)
Lot Size Dimensions IRR
Parking 1 Space/Unit, Carport
Roof Foam, Rock, Rolled
Sewer Sewer - Public
Total Parking Spcs 88.00
Water City Franchise


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85015

AVG $1.58M
AVG $4,081
AVG 137
Year Built
AVG 1959

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