About The Property

2923 N 38th St is a fully renovated fourplex in Phoenix's highly desirable 85018 zip code near Arcadia Lite and the Camelback Corridor. This turnkey multifamily investment features updated units with modern kitchens, upgraded bathrooms, new flooring, and in-unit washer and dryer. Stabilized with strong rental income and long-term tenants, the property offers immediate cash flow. Ideal for investors or owner-occupants, this 4-unit property qualifies for residential financing. Located near top dining, shopping, and major employers including Phoenix Children's Hospital and Banner - University Medical Center Phoenix. Rare opportunity in a high-demand Phoenix rental market.
Courtesy of Orion Investment Real Estate 480-634-6934
Listing Snapshot
Days Online
110
Last Updated
Property Type
Multiple Dwellings
Year Built
1964
MLS Number
7020560
M. Logan
Top 2% performing AZ broker
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Additional Details

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Appliances & Equipment
Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Built-In Electric Oven, Microwave, Washer/Dryer, W/D Hookup
Building
Built in 1964, Construction materials: Painted, Block, 4 total units
Cooling
Central Air, Ceiling Fan(s)
Expenses
Electric: $3,311, Insurance: $3,360, Maintenance: $1,035
Floors
Vinyl
Heating
Forced Air
Parking
<1 Space Per Unit, 8 total parkings
Property
Zoning: R-4
Roof
Rolled/Hot Mop
Sewer
Public Sewer
Taxes
Annual amount: $1,688, Lot: 83
Utilities
SRP
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30 Days Snapshot Of 85018
$1.73M
+2%
(avg) sold price
29
-32%
homes sold
88
-16%
(avg) days on market
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Monthly Payment
$0

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