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2919 N 38th St, Phoenix, AZ 85018

$860,000
  • 6

    bed

  • 4

    bath

Multi-family for sale 129 days
$5K price drop

About 2919 N 38th St

Property type Multi-family
Neighborhood
Year built 1964
HOA fee $0/month
Property description
2923 N 38th St is a fully renovated fourplex in Phoenix's highly desirable 85018 zip code near Arcadia Lite and the Camelback Corridor. This turnkey multifamily investment features updated units with modern kitchens, upgraded bathrooms, new flooring, and in-unit washer and dryer. Stabilized with strong rental income and long-term tenants, the property offers immediate cash flow. Ideal for investors or owner-occupants, this 4-unit property qualifies for residential financing. Located near top dining, shopping, and major employers including Phoenix Children's Hospital and Banner - University Medical Center Phoenix. Rare opportunity in a high-demand Phoenix rental market.
Listed by
Listing Agent - Cody Leslie
Listing Office - Orion Investment Real Estate
Source: ARMLS mls logo
MLS#7020560 • last updated 4 weeks ago
Movoto checked ARMLS for data 14 minutes ago
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Overview
Cooling/AC Central Air, Ceiling Fan(s)
Heating Forced Air
MLS # 7020560
Type Multiple Dwellings
Status Active
Property Tax 1688
Year Built 1964
Interior
Total # of Bathrooms 6
Total # of Bedrooms 6
Flooring Vinyl
Appliances Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Built-In Electric Oven, Microwave, Washer/Dryer, W/D Hookup
Exterior
Roof Rolled/Hot Mop
Construction Painted, Block
Parking <1 Space Per Unit
# of Open Parking Spaces 4
# of Covered Spaces 4
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision CITRUS ACRES LOTS 1 THRU 20
Community Features No Pool
Elementary School District Creighton Elementary District
High School District Phoenix Union High School District
APN 127-21-009-A
Zoning R-4
Multifamily Details
Total # of Units 4
Expense: Operating 13649
Financial Data Source Owner, Projected Proforma
Expense: Maintenance 1035
Vacancy Allowance 0.05
Expense: Insurance 3360
Net Operating Income 41157
Gross Income 57570
Expense: Electric 3311
Gross Scheduled Income 60600
Expense: Gardener 4255
Lot/ Land Details
Road Surface Concrete
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Source: GreatSchools.org © 2026. All rights reserved.

Around Citrus Acres

Explore everything this neighborhood has to offer. Learn more about Citrus Acres.
63/100
Walk
76/100
Family
94/100
Dining
97/100
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  • Real Estate
  • AZ
  • Maricopa County
  • Phoenix
  • 85018
  • Citrus Acres
  • 2919 N 38th St

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