For Sale Multi-Family MLS# 6974495

3016 N 37 Street

Phoenix, AZ 85018

$1,995,624

Take the tour

About 3016 N 37 Street

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

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1945
Original price
$1,995,624
MLS #
6974495

Interior

Features
Ceiling Fan(s), Electric, Forced Air, Tile
Flooring
Tile
Heating
Forced Air
Cooling
Ceiling Fan(s), Electric

Exterior & lot

Features
Paved, >1 Space Per Unit, Parking spaces: 14
Construction
Painted, Block, Composition
Roof
Composition
Lot
R-3, 12722019A
Parking
Paved, >1 Space Per Unit

Schools

District
Phoenix Union High School District

Utilities

Utilities
Public Sewer, City Franchise
Water
City Franchise
Sewer
Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$2,210
Tax year
2024
Parcel
12722019A

Location

County
Maricopa
Neighborhood
Citrus Acres
Community
Maricopa, Asphalt, Arizona Regional Multiple Listing Service 2
Directions
North from Thomas on 37th street to property

Location

Neighborhood
Citrus Acres
School district
Phoenix Union High School District

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Listed by Gregory Yurkovic, Platinum Realty Group

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.