3016 N 37th St Phoenix, AZ 85018
Camelback East Village NeighborhoodEstimated payment $11,057/month
Highlights
- Cooling Available
- Ceiling Fan
- Desert Landscape
- Phoenix Coding Academy Rated A
- Fenced
About This Home
Rare 7-Unit Investment Opportunity in Prime East Phoenix. Fully occupied and located near 40th St & Thomas Rd in the desirable Citrus Acres / Arcadia-adjacent area. This up-and-coming corridor is surrounded by new construction, redevelopment, popular restaurants, shopping, and easy access to Arcadia, Biltmore, and major freeways. The property features clean, well-maintained, low-maintenance units with strong in-place income and future upside. Excellent long-term hold with value-add potential, including possible expansion or redevelopment of the lot (buyer to verify zoning). A solid, income-producing asset in one of Phoenix's most dynamic growth areas. This listing is part of a 21-unit package.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,210
Year Built
- Built in 1945
Lot Details
- Fenced
- Desert Landscape
- Additional Parcels
Home Design
- Composition Roof
- Block Exterior
Interior Spaces
- Ceiling Fan
- Blinds
Parking
- 14 Parking Spaces
- 7 Covered Spaces
- Paved Parking
Utilities
- Cooling Available
- Natural Gas Not Available
Listing and Financial Details
- The owner pays for landscaping
- Tax Lot 14
- Assessor Parcel Number 127-22-019-A
Community Details
Overview
- 7 Units
- Building Dimensions are 195' x 67'
Building Details
- Operating Expense $2,210
- Gross Income $88,043
- Net Operating Income $90,300
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/25/2026 01/25/26 | For Sale | $1,995,624 | +232.6% | -- | |
| 01/21/2019 01/21/19 | Sold | $600,000 | -9.8% | $401 / Sq Ft | View Prior Sale |
| 01/03/2019 01/03/19 | Price Changed | $665,000 | 0.0% | $444 / Sq Ft | |
| 12/22/2018 12/22/18 | For Sale | $665,000 | 0.0% | $444 / Sq Ft | |
| 12/05/2018 12/05/18 | Pending | -- | -- | -- | |
| 11/27/2018 11/27/18 | For Sale | $665,000 | -- | $444 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6974495
APN: 127-22-019A
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Ask me questions while you tour the home.