1435 E TAYLOR Street, Phoenix, AZ 85006 - MLS #7052542

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Description

Row 31 is a newly constructed boutique style 31-unit community located at 1435 E Taylor St. in the desirable Garfield District just minutes from Downtown Phoenix. The asset offers investors a rare opportunity to acquire a fully modern, institutional quality infill property in one of Phoenix's most urban and transit-connected neighborhoods. Row 31 consists of a well-balanced unit mix of (2) studios, (18) one-bedroom, and (11) two-bedroom, two-bathroom residences, each featuring in-suite washer/dryer, stainless steel appliances, LVP flooring, quartz countertops, custom cabinetry, and smart home features. Construction finished earlier this year and the property is now nearing full occupancy.

Property Features
Project Type: 25 - 50 Units
Construction: Wood Frame
Const - Finish: Stucco
Construction Status: New Construction
Roofing: Other
Floors: Vinyl
Sale Includes: Land & Building
Community Features: No Pool; Play Area; Other
Exterior Amenities: Landscape Water System; Desert Landscaping; Patio/Balcony
Interior Features: Unfurnished
Appliances Included: Built-In Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Heating: Individual
Cooling: Electric; Individual
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: APS; Individual Meter
Gas: None
Parking Features: >1 Space Per Unit
Road Access Type: City Street
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity
Source of Fincl Data: Owner; Projected Proforma
Showing Notification Methods: Text; Phone Call
Lockbox Type: See Private Remarks
New Financing: Cash; Conventional; No Carry; 1031 Exchange
Environmental: None
Contract Info
Current Price: $7,650,000
List Price: $7,650,000
Status: Active
List Date: 2026-07-10
Ownership: Fee Simple
House Number: 1435
Compass: E
Street Name: TAYLOR
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
Zip4: 3591
Country: US
County Code: Maricopa
Subdivision: GERMANIA PLACE LOTS 4-1115-19212231-36
Assessor Number: 116-18-114-A
Tax Year: 2025
General Property Description
Lot Size Dimensions: 35501
Year Built: 1956
Uncvrd Parking Spcs: 40
Total # of Units: 31
# of Buildings: 2
Zoning: R-4
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Remarks Misc
Geo Lat: 33.453771
Geo Lon: -112.050547
Township: 1N
Range: 3E
Section: 4
Lot Number: 33
Income Expenses
Gross Annual Sch Inc: 581100
Net Operating Income: 421196
Showing Notification Methods
Showing Service: No Showing Service Used
Efficiency Units
# Efficiency Units: 2
Avg Rent: 1275
Avg SqFt: 500
# Baths: 2
1 Bedroom Units
# 1 Bedroom Units: 18
Avg Rent: 1525
Avg SqFt: 600
# Baths: 18
2 Bedroom Units
# 2 Bedroom Units: 11
Avg Rent: 1675
Avg SqFt: 900
# Baths: 22