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Street View
$900,000
Monthly Est:$4,480
17 Beds
10 Baths
--sqft
2925 N 38th Street, Phoenix, AZ 85018
$900,000
$4,480/moEst:
Get Pre-Approved
Townhouse
Built in 1964
$-- HOA
-- sqft lot
--/sqft
Description
FULLY REMODELED UNITS! This multi-family property presents a strong, turnkey investment opportunity with immediate and reliable cash flow. The asset consists of four units, including two 2 bedroom 2 bath units and two 1 bedroom 1 bath units, offering a desirable unit mix that attracts a broad tenant base.
Each unit has been thoughtfully upgraded with modern finishes, minimizing near term capital expenditures and reducing ongoing maintenance concerns. The 2 bedroom units average approximately 850 square feet, while the 1 bedroom units offer around 700 square feet, providing efficient and highly rentable layouts.
The property delivers excellent income performance, with all units renting at 1,200 per month, creating consistent and predictable revenue. This makes it an ideal opportunity investors seeking stable cash flow, strong rental demand, and a low maintenance asset.
With its combination of renovations, solid in place rents, and appealing unit mix, this property is well positioned for long term appreciation and continued income growth.
- Houzeo last checked: 12 hours ago
- Listing updated: October 2, 2026 at 6:05 pm
- Listing Provided by: Heather Openshaw (480) 462-5939 , Devan Statler (816) 269-6883 | Keller Williams Integrity First Realty (480) 854-2400
- Source: Arizona Regional Multiple Listing Service-AZ | MLS#: 7013792
Property Details
Status
Active
Type
Townhouse
No. of Stories
-
County
City
Neighborhood
Year Built
1964
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Arizona Regional Multiple Listing Service
MLS Number
7013792
MLS Status
Active
Days on Market
192
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 17
Bathrooms: 10
Interior
Cooling
Central Air
Sewer
Public Sewer
Heating
Forced Air
Appliances
Refrigerator, Dishwasher, Microwave
Construction
Year Built
Year Built: 1964
Home type
Townhouse
Construction Materials
Block, Painted, Stucco
Roof
Foam
Utilities & Energy
Parking Features
Free, Paved, >1 Space Per Unit
Electric
Srp
Water Source
City Franchise
Other Features
Tenant Pays
Water, Sewer, Electricity, Gas, Cable Tv
Disclosures
Seller Prop Disc Stm
Subdivision Name
Citrus Acres Lots 1 Thru 20
Community Features
No Pool, Pool
Price History
| Date | Event | Price |
|---|---|---|
04/14/2026 Source: | Listed for Sale | $900,000 $0/sqft |
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Based on information from the Arizona Regional Multiple Listing Service through Oct 23, 2026, 01:30PM. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Listing Information presented by local MLS brokerage: Sell Your Home Services, local REALTOR®- Dan Demers (774) 265-0879. Information is provided exclusively for personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Advertising Broker: Daniel Demers (267) 341-8337 | Sell Your Home Services
