3330 N 18th St Phoenix, AZ 85016
Central City NeighborhoodEstimated payment $7,461/month
Highlights
- Community Barbecue Grill
- Central Air
- Heat Pump System
- Phoenix Coding Academy Rated A
- Vinyl Flooring
About This Home
This pristine seven unit complex is located in the coveted 85016 zip code on a quiet, dead-end street. 7.68 CAP on actual numbers. High-quality new construction across the street. This pocket is arguably one of the nicest you will find in Phoenix. In close proximity to the Biltmore Corridor, Arcadia Lite, PHX Children's Hospital & PHX Country Club. Premium rental market. Stabilized 7.68 CAP with 100% occupancy (master leased to 9/30/2027)-hard to match this! Completely renovated a few years ago from top-to-bottom. Upgrades include, but are not limited to, plumbing/electrical/HVACs/roofs/windows/carpentry/landscaping & more. All 1 bedroom units (507 sf +/-) over three single-story buildings. 11,382 sf lot. R-3 zoning. 1954 build. T-12 in documents.
Listing Agent
Better Homes & Gardens Real Estate SJ Fowler License #BR650365000 Listed on: 10/23/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,617
Year Built
- Built in 1954
Home Design
- Composition Roof
- Block Exterior
Flooring
- Vinyl Flooring
Parking
- 9 Open Parking Spaces
- 9 Parking Spaces
- Paved Parking
Utilities
- Central Air
- Heat Pump System
- Individual Controls for Heating
- Master Water Meter
Listing and Financial Details
- Tax Lot 22
- Assessor Parcel Number 119-32-130
Community Details
Overview
- 3 Buildings
- 7 Units
- Building Dimensions are 11382 sf
- Home Acres Subdivision
Amenities
- Community Barbecue Grill
Building Details
- Operating Expense $17,546
- Gross Income $121,122
- Net Operating Income $107,424
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,719 | $20,131 | -- | -- |
| 2024 | $2,587 | $19,172 | -- | -- |
| 2023 | $2,587 | $79,250 | $15,850 | $63,400 |
| 2022 | $2,485 | $62,100 | $12,420 | $49,680 |
| 2021 | $2,546 | $52,670 | $10,530 | $42,140 |
| 2020 | $2,484 | $43,320 | $8,660 | $34,660 |
| 2019 | $2,466 | $38,130 | $7,620 | $30,510 |
| 2018 | $2,416 | $33,150 | $6,630 | $26,520 |
| 2017 | $2,322 | $26,350 | $5,270 | $21,080 |
| 2016 | $2,232 | $20,220 | $4,040 | $16,180 |
| 2015 | $2,077 | $19,110 | $3,820 | $15,290 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/13/2025 11/13/25 | Price Changed | $1,399,000 | -3.5% | -- | |
| 10/23/2025 10/23/25 | For Sale | $1,450,000 | 0.0% | -- | |
| 08/04/2015 08/04/15 | Rented | $595 | 0.0% | -- | |
| 08/03/2015 08/03/15 | Off Market | $595 | -- | -- | |
| 07/25/2015 07/25/15 | For Rent | $595 | 0.0% | -- | |
| 07/06/2015 07/06/15 | Sold | $258,080 | -38.6% | $510 / Sq Ft | View Prior Sale |
| 04/22/2015 04/22/15 | Pending | -- | -- | -- | |
| 04/08/2015 04/08/15 | For Sale | $420,000 | -- | $830 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6938581
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