2925 N 38th Street, Phoenix, AZ 85018

Phoenix
Local realty services provided by:Better Homes and Gardens Real Estate S.J. Fowler
2925 N 38th Street,Phoenix, AZ 85018
$900,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: heather openshaw
Office: keller williams integrity first
MLS#:7013792
Source:ARMLS

Price summary

  • Price:$900,000

About this home

FULLY REMODELED UNITS! This multi-family property presents a strong, turnkey investment opportunity with immediate and reliable cash flow. The asset consists of four units, including two 2 bedroom 2 bath units and two 1 bedroom 1 bath units, offering a desirable unit mix that attracts a broad tenant base. Each unit has been thoughtfully upgraded with modern finishes, minimizing near term capital expenditures and reducing ongoing maintenance concerns. The 2 bedroom units average approximately 850 square feet, while the 1 bedroom units offer around 700 square feet, providing efficient and highly rentable layouts. The property delivers excellent income performance, with all units renting at 1,200 per month, creating consistent and predictable revenue. This makes it an ideal opportunity investors seeking stable cash flow, strong rental demand, and a low maintenance asset. With its combination of renovations, solid in place rents, and appealing unit mix, this property is well...

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Home facts

  • Year built:1964
  • Listing ID #:7013792
  • Updated:April 14, 2026 at 11:40 PM

Rooms and interior

  • Flooring:Laminate

Heating and cooling

  • Central air:Yes

Structure and exterior

  • Year built:1964
  • Construction Materials:Block, Painted, Stucco

Schools

  • High school:Camelback High School
  • Middle school:Monte Vista Elementary School
  • Elementary school:Monte Vista Elementary School

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$900,000
  • Tax amount:$1,654 (2025)

Parking

  • Total parking spaces:10
  • Parking description:Additional Parking Available, Free Parking, More Than 1 Parking Space/Unit, Paved
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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