3330 N 18TH Street Phoenix, AZ $ 1,399,000
3330 N 18TH Street
$ 1,399,000
New Construction
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3330 N 18TH Street

Phoenix, AZ, 85016
$ 1,399,000
Baths0.0

Monthly Estimate*

$ 8,728

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $1,399,000. This home was built in 1954.

This pristine seven unit complex is located in the coveted 85016 zip code on a quiet, dead-end street. 7.68 CAP on actual numbers. High-quality new construction across the street. This pocket is arguably one of the nicest you will find in Phoenix. In close proximity to the Biltmore Corridor, Arcadia Lite, PHX Children's Hospital & PHX Country Club. Premium rental market. Stabilized 7.68 CAP with 100% occupancy (master leased to 9/30/2027)-hard to match this! Completely renovated a few years ago from top-to-bottom. Upgrades include, but are not limited to, plumbing/electrical/HVACs/roofs/windows/carpentry/landscaping & more. All 1 bedroom units (507 sf +/-) over three single-story buildings. 11,382 sf lot. R-3 zoning. 1954 build. T-12 in documents.

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Multi-Family Active

Price

$ 1,399,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,617

Style

Multiple Dwellings

Year Built

1954

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6938581

Features
General
Sewer Sewer-In & Connected Public Sewer
Heating Individual Heat Pump Electric
Cooling Central Air See Remarks Electric Heat Pump Individual
Roof Composition
Zoning R-3
Construction Materials Painted Block
Year Built 1954
Electric APS Individual Meter
Township 2N
Tax Year 2024
Ownership Fee Simple Fee Simple
Gross Income 121121.96
Community Features Other Barbecue
County Maricopa
Net Operating Income 107424.0
Operating Expense 17546.0
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name HOME ACRES
Garage Y/N N
Status Active
Directions Just south off Osborn. Hwy 51 is 1/2 mile east (but exit @ Thomas) or 16th/Osborn east.
City Phoenix
Disclosures Other (See Remarks)
High School District Phoenix Union High School District
Open Parking Spaces 9.0
Number Of Units Total 7
Lot Size Square Feet 0.0
Carport Y/N N
Tax Annual Amount 2617.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Elementary School District Creighton Elementary District
Tax Lot 22
Cap Rate 7.68
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Interior
Flooring Other Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Paved Add'l Parking Avail 1 Space/Unit
Water Source Master Meter City Franchise
Total Parking 9.0
Lot Size Area 0.0
Number of Buildings 3
Spa N
Lot Dimensions 11382 sf
Lot Size Acres 0.0
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 3330
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* Excluded Features
List By
Better Homes & Gardens Real Estate Sj Fowler

Broker

cstephens@CCIM.net

Email

Affordability Calculator

$8,946
Per Month
98%
2%
0%
Monthly Principal & Interest
$8,728
Monthly Property Taxes
$218
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4327165 Elementary School
4327058 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/13/2025$1,399,000 -3.52% Price Down
10/25/2025$1,450,000 Listed Price

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3330 N 18TH Street, Phoenix, AZ, 85016 is a Multi-Family Home for sale at $1,399,000. 3330 N 18TH Street is a studio with 0.0 baths and was built in 1954. The property's zip code is 85016 which is in Phoenix, AZ