4118 N 3rd Avenue, Phoenix, AZ 85013

Phoenix
Local realty services provided by:Better Homes and Gardens Real Estate S.J. Fowler
4118 N 3rd Avenue,Phoenix, AZ 85013
$615,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: bradley skenderian
Office: matthews real estate investment services
MLS#:6937740
Source:ARMLS

Price summary

  • Price:$615,000

About this home

4118 N 3rd Ave is a 3-unit apartment community located in the Midtown Submarket of Phoenix, Arizona. Originally constructed in 1952, the property has undergone significant capital improvements over recent years, including interior updates, brand new plumbing system with 100% PEX , newer roof, water heaters, upgraded electrical, and added private fencing. The building consists of (3) one-bedroom, one-bathroom floor plans and a covered parking spot for each unit. Each unit is currently occupied at below market rents, allowing for considerable rental upside. New ownership acquire a renovated and well-performing asset with near-term upside in a highly desirable and centralized location along the Central Avenue Corridor.

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Home facts

  • Year built:1952
  • Listing ID #:6937740
  • Updated:March 13, 2026 at 02:54 PM

Rooms and interior

  • Flooring:Ceramic Tile

Heating and cooling

  • Cooling:Ceiling Fan(s), Electric, Heat Pump, Individual Cooling
  • Heating:Electric, Heat Pump
  • Central air:Yes

Structure and exterior

  • Year built:1952
  • Construction Materials:Block, Painted

Utilities

  • Water:City Franchise, Master Meter
  • Sewer:Sewer in & Connected

Finances and disclosures

  • Price:$615,000
  • Tax amount:$1,161 (2024)

Parking

  • Total parking spaces:5
  • Parking description:1 Parking Space/Unit, Additional Parking Available, Carport
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