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Sold on 08/03/2017

4838 E Culver St, Phoenix, AZ 85008

  • $615,000

    Last sold 08/03/2017 after 175 Days

  • 16

    bed

  • 10

    bath

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

About 4838 E Culver St

Property type Multi-family
Neighborhood
Year built 1960
HOA fee $0/month
Property description
This property is fully occupied with long term tenants. The mix is 4- 2 bedrooms and 6- one bedrooms. Most of the units are tiled. The exterior has had thel of the fascia replaced and repainted. See current rent role in the document tab. This is a great rental area-between Scottsdale, Tempe, Sky Harbor and Phoenix. All rents in this area are increasing so there is room to move rents.
Listed by
Listing Agent - Linda S Gerchick
Listing Office - Gerchick Real Estate
Source: ARMLS mls logo
MLS#5558989 • last updated 8 years ago
Movoto checked ARMLS for data 8 minutes ago
Overview
Cooling/AC Electric, Individual
Heating Individual, Heat Pump
MLS # 5558989
Type Multiple Dwellings
Status Closed
Property Tax 2229
Year Built 1960
Interior
Flooring Carpet, Ceramic Tile, Vinyl, Concrete
Appliances Free-Standing Range, Refrigerator
Exterior
Roof Composition
Construction Painted, Block
Parking Free, 1 Space/Unit, On Street
# of Open Parking Spaces 10
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision PALOMINO ESTATES
Community Features Barbecue, No Pool
Elementary School District Balsz Elementary District
High School District Phoenix Union High School District
APN 125-13-095-A
Zoning Multi
Directions McDowell Rd And 48 Street; Go South On 48 Street To Culver And East To Property On The North Side.
Multifamily Details
Total # of Units 10
Expense: Operating 22231
Financial Data Source Owner
Expense: Maintenance 4000
Vacancy Allowance 0.05
Expense: Insurance 2878
Net Operating Income 42179
Gross Income 64410
Expense: Electric 2000
Expense: Trash 1200
Expense: Professional Management 5424
Expense: Water/Sewer 3000
Gross Scheduled Income 67800
Expense: Gardener 1500
We are not permitted to show value estimates for this property.
  • Aug 2017
    mls logo MLS # 5558989
  • Aug 3, 2017 Sold
    $615,000 (-5.0%)
  • Feb 9, 2017 Listed
    $647,500
  • 4838 E Culver St
    $615K
  • Camelback East
    $762K
  • 85008
    $420K +5% y/y
  • Phoenix
    $474K -1% y/y
No chart available
Statistics calculated by Movoto

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2/10
Brunson-Lee Elementary School
public Grades K-5
Balsz 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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  • Real Estate
  • AZ
  • Maricopa County
  • Phoenix
  • 85008
  • 4838 E Culver St
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