UPDATED:
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 Varies by Unit, Central, Zoned, Electric
Cooling Central Air, Electric, Varies by Unit, 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 Public Sewer, Sewer-In & Connected
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
Ownership Condominium
Acceptable Financing Cash, Other (See Remarks), 1031 Exchange
Disclosures None
Listing Terms Cash, Other (See Remarks), 1031 Exchange
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
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Tammy Seymour
Associate Broker/REALTOR® License ID: BR563640000
Associate Broker/REALTOR® License ID: BR563640000