$7,300,000
Phoenix, AZ 85006
MLS# 7052542
42 beds | 570 baths
1 / 20
Property 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.
Details
Maps
Contract Info
Current Price: $7,300,000
List Price: $7,300,000
Status: Active
List Date: 2026-07-10
Ownership: Fee Simple
Location Tax Legal
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
Legal Info
Township: 1N
Range: 3E
Section: 4
Lot Number: 33
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
Structure
Bedrooms Total: 42
Bathrooms Total: 570
Income Expenses
Gross Annual Sch Inc: 581100
Net Operating Income: 421196
Showing Notification Methods
Showing Service: No Showing Service Used
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
Listing Office: Matthews Real Estate Investment Services
Last Updated: August - 25 - 2026
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