1821 W Hadley Street, Phoenix, AZ 85007
$7,200,000
Property Type:
Multiple Dwellings
Bedrooms:
72
Baths:
48
Status:
Active
Current Price:
$7,200,000
Last Modified:
10/18/2026
Description
Welcome To ''Westline Luxury Residences'' A Community Of Twelve 3-Bed, 2-Bath, 2-Car Garage Homes & 12 Detached 3-Bed, 2-Bath ADUs On 12 Platted Parcels. Estimated 6.89% Projected Cap Rate. $568,800 Projected Annual Base Rent Plus $53,280 In Annual Utility Reimbursements. Two Rental Income Streams Per Parcel W/ Separate Addresses & Entrances. Front Homes W/ 2-Car Garages; Rear Homes W/ Alley Access. Gorgeous Luxury Vinyl Flooring, Granite Counters, Soft-Close Cabinets, All Stainless Appliances, Plus Washer & Dryer. No HOA! Core Phoenix Location Near I-10 & I-17. Delivered Complete. Pro Forma Projections Available, (Not Guaranteed). Bulk Sale: All 12 Parcels Convey Together At $7.2M. Primary APN 112-13-090-J (1821 W Hadley St) Plus Parcels D, E, F, G, H, K, L, M, N, P, Q. Virtual Staging Us
More Information MLS# 7094017
Contract Info
Ownership: Fee Simple
Current Price: $7,200,000
List Price: $7,200,000
Status: Active
List Date: 2026-10-14
Location, Tax & Legal
Assessor's Map #: 13
Legal Description (Abbrev): NORTH GRIER PL MCR 15-26 LT 4 BLK 3 P/F 20240392453
Assessor's Parcel #: 90
Assessor Parcel Ltr: J
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 114302
Taxes: 508
Legal: NORTH GRIER PL MCR 15-26 LT 4 BLK 3 P/F 20240392453
Marketing Name: Westline Luxury Residence
House Number: 1821
Compass: W
Street Name: Hadley
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85007
Country: US
County Code: Maricopa
Subdivision: NORTH GRIER PLACE
Assessor Number: 112-13-090-J
Tax Year: 2025
General Property Description
# of Buildings: 24
Uncvrd Parking Spcs: 48
Lot Size Dimensions: TBD
Total # of Units: 24
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Kenilworth Elementary School
Jr. High School: Magnet Traditional School
High School: Central High School
Year Built: 2026
Zoning: ADU
Legal Info
Range: 3E
Section: 7
Township: 1N
Lot Number: 4
Project Type
13 - 24 Units: 1
Other (See Remarks): 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
# 3 Bedroom Units: 24
Avg Rent: 2150
Avg SqFt: 1116
# Baths: 2
4 Bedrooms Units
Avg Rent: 0
Structure
Bedrooms Total: 72
Bathrooms Total: 48
Other Type
Packaged Offering: 1
Other (See Remarks): 1
Construction
Wood Frame: 1
Brick: 1
Const - Finish
Wood Siding: 1
Painted: 1
Construction Status
Under Construction: 1
Roofing
Composition: 1
Floors
Vinyl: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 508
Other Income: 53280
Vacancy Allowance: 0.02
Adjusted Gross Inc: 609638.4
Total Monthly Rental Income: 47400
Pmt & Rate Info
Cap Rate: 8.34
Equity: 7200000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Combo: 1
Community Features
No Pool: 1
Heating
Forced Air: 1
Electric: 1
Cooling
Central Air: 1
Electric: 1
Exterior Amenities
Fenced: 1
Partially Fenced: 1
Interior Features
Unfurnished: 1
Fire/Smoke Alarm(s): 1
Fire Sprinklers: 1
Mini Blinds: 1
Other (See Remarks): 1
Tenant Pays
Water: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Appliances Included
Built-In Electric Oven: 1
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Washer/Dryer: 1
Other: 1
Road Access Type
Alley: 1
City Street: 1
Road Surface Type
Concrete: 1
Source of Fincl Data
Projected Proforma: 1
Water Source
City Franchise: 1
Sewer
Septic-In & Connected: 1
Parking Features
Garage: 1
Garage Door Opener: 1
Add'l Parking Avail: 1
Attached Garage: 1
See Remarks: 1
Electric
APS: 1
Gas
None: 1
Owner Pays
Water: 1
Trash Collection: 1
See Remarks: 1
New Financing
Cash: 1
Conventional: 1
1031 Exchange: 1
Reports/Disclosures
Other (See Remarks): 1
Environmental
Other (See Remarks): 1
Remarks Misc
Cross Street: 19th Ave & W Hadley St/Tonto St
Geo Lat: 33.439196
Geo Lon: -112.099024
Income Expenses
Gross Annual Sch Inc: 568800
Net Operating Income: 600480
Property Features
Project Type: 13 - 24 Units; Other (See Remarks)
Other Type: Packaged Offering; Other (See Remarks)
Construction: Wood Frame; Brick
Const - Finish: Wood Siding; Painted
Construction Status: Under Construction
Roofing: Composition
Floors: Vinyl
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Fenced; Partially Fenced
Interior Features: Unfurnished; Fire/Smoke Alarm(s); Fire Sprinklers; Mini Blinds; Other (See Remarks)
Appliances Included: Built-In Electric Oven; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; Other
Heating: Forced Air
Cooling: Electric; Central Air
Water Source: City Franchise
Sewer: Septic-In & Connected
Electric: APS
Gas: None
Parking Features: Garage; Garage Door Opener; Add'l Parking Avail; Attached Garage; See Remarks
Road Access Type: Alley; City Street
Road Surface Type: Concrete
Owner Pays: Water; Trash Collection; See Remarks
Tenant Pays: Water; Electricity; Trash Collection; Cable TV
Source of Fincl Data: Projected Proforma
Lockbox Type: Combo
New Financing: Cash; Conventional; 1031 Exchange
Environmental: Other (See Remarks)
Listing Office: RE/MAX Fine Properties
Office Phone: 480-792-9500
Office Email: gremmers@fineprop.com
Last Updated: October - 18 - 2026
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