Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$1,900,000
Last Modified:
11/11/2025
Search
1605 W LATHAM Street, Phoenix, AZ 85007
$1,900,000
Description
- Rare combination of multifamily and retail
- Centrally located near Downtown Phoenix
- Step-in income with room to increase
- Solid rental demand with potential for value add upgrades
- Strong access to major freeways
UNIT MIX
Studio: 5
1 Bed/1Bath: 4
2 Bed/1 Bath: 3
Retail Space/Potential Unit: 1
Total: 12 UNITS
More Information MLS# 6945662
Contract Info
Ownership: Fee Simple
Current Price: $1,900,000
List Price: $1,900,000
Status: Active
List Date: 2025-11-06
Location, Tax & Legal
Assessor's Map #: 16
Legal Description (Abbrev): GRAND AVE ADDITION MCR 10-23 LOT 21 BLK 24 & E2 ABAND ALLEY LY WLY ADJ TO SD LT & ALSO N2 OF ABAND A
Assessor's Parcel #: 56
Add'l Parcels: Yes
Tax Municipality: Phoenix
Census Tract: 112900
Taxes: 2116
Legal: GRAND AVE ADDITION MCR 10-23 LOT 21 BLK 24 & E2 ABAND ALLEY LY WLY ADJ TO SD LT & ALSO N2 OF ABAND A
Marketing Name: GRAND AVENUE LOTS
House Number: 1605
Compass: W
Street Name: LATHAM
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85007
Zip4: 2013
County Code: Maricopa
Subdivision: GRAND AVENUE LOTS 3 THROUGH 7 & 10
Assessor Number: 111-16-056
Tax Year: 2024
General Property Description
# of Buildings: 3
Uncvrd Parking Spcs: 10
Lot Size Dimensions: 11220
Total # of Units: 12
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Year Built: 1936
Zoning: 1945
Legal Info
Range: 3E
Section: 6
Township: 1N
Lot Number: 21
Project Type
5 - 12 Units: 1
Construction
Other: 1
Const - Finish
Other (See Remarks): 1
Roofing
Other: 1
Floors
Other: 1
Sale Includes
Land & Building: 1
Laundry Equipment: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 2116
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Pmt & Rate Info
Equity: 1900000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
See Remarks: 1
Cooling
Individual: 1
Tenant Pays
Other (See Remarks): 1
Appliances Included
Refrigerator: 1
Washer/Dryer: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
Other: 1
Sewer
Other: 1
Parking Features
On Street: 1
Paved: 1
Electric
Other (See Remarks): 1
Gas
Other (See Remarks): 1
Owner Pays
Water: 1
Sewer: 1
Electric: 1
Gas: 1
Trash Collection: 1
Landscaping: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
1031 Exchange: 1
Reports/Disclosures
Other (See Remarks): 1
Environmental
Other (See Remarks): 1
Efficiency Units
# Efficiency Units: 5
Avg Rent: 0
# Baths: 1
1 Bedroom Units
# 1 Bedroom Units: 4
Avg Rent: 0
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 3
Avg Rent: 0
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Geo Lat: 33.460188
Geo Lon: -112.093791
Property Features
Project Type: 5 - 12 Units
Construction: Other
Const - Finish: Other (See Remarks)
Roofing: Other
Floors: Other
Sale Includes: Land & Building; Laundry Equipment
Community Features: No Pool
Appliances Included: Refrigerator; Washer/Dryer
Heating: See Remarks
Cooling: Individual
Water Source: Other
Sewer: Other
Electric: Other (See Remarks)
Gas: Other (See Remarks)
Parking Features: On Street; Paved
Road Surface Type: Asphalt
Owner Pays: Water; Electric; Gas; Trash Collection; Landscaping
Tenant Pays: Other (See Remarks)
Source of Fincl Data: Owner
Showing Notification Methods: Email; Phone Call
Lockbox Type: None
New Financing: Cash; VA; FHA; Conventional; 1031 Exchange
Environmental: Other (See Remarks)
Listing Office:
Orion Investment Real Estate
Last Updated: November - 11 - 2025
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