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Sold on 12/12/2016

3601 N 38th St, Phoenix, AZ 85018

$900,000

Last sold 12/12/2016 after 81 Days

  • 9

    bed

  • 8

    bath

Multi-family not for sale
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About 3601 N 38th St

Property type Multi-family
Neighborhood
Year built 1957
HOA fee $0/month
Property description
What an opportunity! 8 separate free standing single family homes on just under one acre of land in one of the fastest growing parts of Phoenix is now for sale! There is plenty of extra land on the property to add additional structures or start from scratch. Each house has a backyard with washer/dryer hook ups and storage. Rarely vacant and many tenants 3+ years. The ROI potential on this property is truly endless. Short walk to many popular restaurants & Bars such as Becketts Table, Dilly Dally, Sip, & Le Grande Orange. Madison Improvement Club, Sky Harbor Airport, & Camelback Mountain are all within close proximity as well. Drive by only, please do not disturb tenants.
Listed by
Listing Agent - Andrew Gregg
Listing Office - West USA Realty
Source: ARMLS mls logo
MLS#5500639 • last updated 1 year ago
Movoto checked ARMLS for data 21 minutes ago
Overview
Cooling/AC Electric
Heating Electric
MLS # 5500639
Type Multiple Dwellings
Status Closed
Property Tax 2087
Year Built 1957
Interior
Flooring Carpet, Vinyl, Concrete
Appliances Free-Standing Range, W/D Hookup
Exterior
Roof Composition
Construction Painted, Block
Parking <1 Space Per Unit, On Street
# of Open Parking Spaces 16
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision NORTH CITRUS ACRES AMD
Community Features No Pool
Elementary School Monte Vista Elementary School
Elementary School District Creighton Elementary District
Middle School Monte Vista Elementary School
High School District Phoenix Union High School District
High School Camelback High School
APN 127-19-001-C
Zoning R3 Multi Family
Directions Go South From Indian School Rd. On 38th St. For About 0.25 Miles And 3601 Will Be On The East Side Of The Street.
Multifamily Details
Total # of Units 8
Expense: Operating 12057
Financial Data Source Owner
Vacancy Allowance 0.05
Expense: Insurance 2970
Net Operating Income 52730
Gross Income 62700
Expense: Trash 2000
Expense: Water/Sewer 4000
Gross Scheduled Income 66000
Expense: Gardener 1000
We are not permitted to show value estimates for this property.
  • Dec 2016
    mls logo MLS # 5500639
  • Dec 12, 2016 Sold
    $900,000
  • Sep 22, 2016 Listed
    $899,999 (+146.6%)
  • Aug 2005
    Public Records
  • Aug 4, 2005 Sold
    $365,000
  • 3601 N 38th St
    $900K
  • Camelback East
    $762K
  • 85018
    $1.1M -21% y/y
  • Phoenix
    $469K 0% y/y
No chart available
Statistics calculated by Movoto

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3/10
Monte Vista Elementary School
public Grades PK, K-8
Creighton Elementary District
2/10
Camelback High School
public Grades 9-12
Phoenix Union High School District
8/10
Phoenix Coding Academy
public Grades 9-12
Phoenix Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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