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$570,000
Monthly Est:$2,837
9 Beds
3 Baths
--sqft
5038 N 18th Avenue, Phoenix, AZ 85015
$570,000
$2,837/moEst:
Get Pre-Approved
Townhouse
Built in 1984
$-- HOA
-- sqft lot
--/sqft
Description
Remodeled 3-unit PadSplit investment near Valley Metro Rail at 19th Ave/Camelback. Two buildings total approximately 2,276 SF and are configured as nine furnished rentable rooms across three 3BR/1BA units. Seller reports $120,000+ in improvements, including updated kitchens, baths, flooring, windows, plumbing, electrical, lighting, coded entry and full-size laundry. At $205 per room weekly, underwriting projects $95,202 GPI, $52,820 NOI and a 7.56% cap at the $699,000 asking price after 7% vacancy. Furnishings convey as-is. Buyer to verify all facts, figures, PadSplit operations, permits and compliance.
- Houzeo last checked: 4 hours ago
- Listing updated: October 7, 2026 at 6:05 pm
- Listing Provided by: Linda S Gerchick (602) 688-9279 | Gerchick Real Estate (602) 688-9279
- Source: Arizona Regional Multiple Listing Service-AZ | MLS#: 7090472
Property Details
Status
Active
Type
Townhouse
No. of Stories
-
County
City
Neighborhood
Year Built
1984
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Arizona Regional Multiple Listing Service
MLS Number
7090472
MLS Status
Active
Days on Market
1
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 3
Interior
Sewer
Public Sewer
Appliances
Refrigerator, Dishwasher, Microwave, Washer/dryer, Built In Gas Oven, Free Standing Gas Oven, Free Standing Electric Oven
Cooling
Heat Pump, Electric, Varies By Unit, See Remarks, Ceiling Fan(s)
Heating
Electric, Natural Gas, Heat Pump, Varies By Unit, Forced Air
Construction
Year Built
Year Built: 1984
Home type
Townhouse
Roof
Composition
Construction Materials
Brick, Painted, Board & Batten Siding
Utilities & Energy
Water Source
Master Meter, City Franchise
Parking Features
Free, On Street, >1 Space Per Unit, Off Street
Electric
Individual Meter, Srp
Other Features
Tenant Pays
None
Community Features
No Pool
Subdivision Name
Nile Tract Block 1
Disclosures
Apod/backup Avaible, Seller Prop Disc Stm, Sch Of Personal Prop
Price History
| Date | Event | Price |
|---|---|---|
10/07/2026 Source: | Price Decreased | $570,000 -18.45% $0/sqft |
09/03/2026 Source: | Price Decreased | $699,000 -2.24% $0/sqft |
07/24/2026 Source: | Price Increased | $715,000 +2.29% $0/sqft |
07/24/2026 Source: | Off Market | $699,000 -2.24% $0/sqft |
07/24/2026 Source: | Listed for Sale | $715,000 -1.38% $0/sqft |
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Based on information from the Arizona Regional Multiple Listing Service through Oct 09, 2026, 02:30PM. 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