Movoto Real Estate
Sold on 09/05/2024

3025 N 38th St, Phoenix, AZ 85018

$3,750,000

Last sold 09/05/2024 after 336 Days

  • 29

    bed

  • 15

    bath

Multi-family not for sale

About 3025 N 38th St

Property type Multi-family
Neighborhood
Year built 1971
HOA fee $0/month
Overview
Cooling/AC Ceiling Fan(s), Electric
Heating Electric
MLS # 6614751
Type Multiple Dwellings
Status Closed
Property Tax 14343
Year Built 1971
Interior
Flooring Concrete
Appliances Built-In Range, Dishwasher, Microwave, Washer/Dryer
Exterior
Roof Composition
Construction Stucco, Block
Parking >1 Space Per Unit
# of Open Parking Spaces 12
# of Covered Spaces 14
Amenities / Utilities
Water Source Master Meter
Sewer/Septic Public Sewer
Location
Community Features Barbecue, Pool
Elementary School District Creighton Elementary District
High School District Phoenix Union High School District
APN 127-21-017
Zoning R-3
Multifamily Details
Total # of Units 15
Expense: Operating 67853
Financial Data Source Owner, Projected Proforma
Expense: Maintenance 6750
Vacancy Allowance 0.05
Expense: Insurance 5625
Net Operating Income 218528
Gross Income 291245.3
Expense: Electric 9967
Expense: Other 1875
Expense: Professional Management 13022
Gross Scheduled Income 286548
Expense: Gardener 3750
We are not permitted to show value estimates for this property.
  • Jul 2024
    mls logo MLS # 6614751
  • Jul 1, 2024 Price Change
    $3,900,000 (-3.7%)
  • Jan 30, 2024 Price Change
    $4,050,000 (-5.8%)
  • Oct 5, 2023 Listed
    $4,300,000
  • 3025 N 38th St
    $3.75M
  • Citrus Acres
    $350K -52% y/y
  • 85018
    $1.1M -21% y/y
  • Phoenix
    $469K 0% y/y
No chart available
Statistics calculated by Movoto

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3/10
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8/10
Source: GreatSchools.org © 2026. All rights reserved.

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