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Sold on 11/16/2016
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3718 E Glenrosa Ave, Phoenix, AZ 85018

  • $472,000

    Last sold 11/16/2016 after 39 Days

  • 10

    bed

  • 6

    bath

Multi-family not for sale
80 homes bought nearby with Movoto recently

About 3718 E Glenrosa Ave

Property type Multi-family
Neighborhood
Year built 1965
HOA fee $0/month
Property description
Exceptional and rare. Use permit in place to develop. Each 4 plex has (2) 3 Bedroom 2 Bathroom and (2) 2 Bedroom 1 Bathroom units with separate storage units on site. 9 of the 12 total units have their own washer and dryer. Rents are below market. Most units have tile floors on ground floor units. Upstairs units have carpeting. The combined lot size when combining all three buildings is 37,142 sq ft Zoned R-3. Pool is shared by tenants in all three buildings. Tremendous opportunity in walking distance to the popular intersection of 40th Street and Campbell. This is PRIME real estate in an area of million dollar properties within zip code 85018. Location, location, location that supports higher rents and consistent desirability. Huge long term potential for rental or redevelopment.
Listed by
Listing Agent - Lloyd C Fox
Listing Agent Contact: 602-418-1153
Listing Office - 1912 Realty
Source: ARMLS mls logo
MLS#5508852 • last updated 6 years ago
Movoto checked ARMLS for data 8 minutes ago
Overview
Cooling/AC Electric
Heating Natural Gas
MLS # 5508852
Type Multiple Dwellings
Status Closed
Property Tax 3189
Year Built 1965
Interior
Flooring Concrete
Appliances Free-Standing Range, Disposal, Refrigerator
Exterior
Roof Composition
Construction Painted, Block
Parking 1 Space/Unit, On Street, Carport
# of Open Parking Spaces 4
# of Covered Spaces 4
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision PASADENA TRACT
Community Features Heated Spa(s), No Pool
Elementary School Creighton Elementary School
Elementary School District Creighton Elementary District
Middle School Biltmore Preparatory Academy
High School District Phoenix Union High School District
High School Camelback High School
APN 170-31-021-G
Zoning R-3
Directions 36th Street South To Glenrosa. Glenrosa East To Properties.
Multifamily Details
Total # of Units 4
Expense: Operating 10849
Financial Data Source Owner
Expense: Maintenance 1200
Expense: Insurance 1200
Net Operating Income 33300
Gross Income 31620
Expense: Electric 300
Expense: Fuel 360
Expense: Water/Sewer 3300
Gross Scheduled Income 31620
Expense: Gardener 1000
We are not permitted to show value estimates for this property.
  • Nov 2016
    mls logo MLS # 5508852
  • Nov 16, 2016 Sold
    $472,000 (-0.6%)
  • Oct 8, 2016 Listed
    $475,000 (-5.0%)
  • Oct 2005
    Public Records
  • Oct 11, 2005 Sold
    $500,000 (+75.4%)
  • Apr 2002
    Public Records
  • Apr 25, 2002 Sold
    $285,000
  • 3718 E Glenrosa Ave
    $472K
  • Arcadia Lite
    —
  • 85018
    $1.14M -21% y/y
  • Phoenix
    $465K -2% y/y
No chart available
Statistics calculated by Movoto

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5/10
Biltmore Preparatory Academy
public Grades 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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