3016 N 37 Street, Phoenix, AZ 85018
- $1,995,624
- List Price
- $1,995,624
- Days on Market
- 183
- Status
- ACTIVE
- MLS#
- 6974495
- City
- Phoenix
- Year Built
- 1945
Property Description
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.
Additional Information
- Community Features
- See Remarks
- Construction
- Block, Painted
- Cooling
- Electric, Ceiling Fan(s)
- Electric
- APS
- Heating
- Forced Air
- New Financing
- Conventional, Cash
- Parking Features
- Paved, >1 Space Per Unit
- Roofing
- Composition
- Taxes
- $2,210
- Tax Year
- 2024
- Tenant Pays
- Water, Sewer, Electricity, Trash Collection
- Units
- 7
- Water
- City Franchise
- Zoning
- R-3
Mortgage Calculator
Listing courtesy of Platinum Realty Group.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.