2539 N 48TH Street Phoenix, AZ ^$ 4,970,000

2539 N 48TH Street

^$ 4,970,000

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2539 N 48TH Street

Phoenix, AZ, 85008

^$ 4,970,000

Studio Baths0.0

Monthly Estimate*

^$ 31,006

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $4,970,000. This home was built in 1985.

Multi-Family Active

Price

^$ 4,970,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 6,809

Style

Multiple Dwellings

Year Built

1985

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6958789

Features

General

Sewer Public Sewer

Heating Individual Electric

Cooling Electric Individual

Roof Foam

Zoning R-4

Construction Materials Wood Frame Painted Stucco

Year Built 1985

Electric Other (See Remarks)

Township 2N

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 353400.0

Community Features No Pool

County Maricopa

Net Operating Income 278360.0

Operating Expense 6809.0

Property Type Multiple Dwellings

Attached Garage N

Subdivision Name ORANGEDALE TRACT 12 78

Garage Y/N N

Status Active

City Phoenix

Disclosures Other (See Remarks)

High School District Phoenix Union High School District

Open Parking Spaces 13.0

Number Of Units Total 21

Carport Y/N N

Tax Annual Amount 6809.0

Lease Renewal Y/N N

Additional Parcels Y/N Y

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Elementary School District Balsz Elementary District

Tax Lot 24

Cap Rate 5.6

New Financing: Conventional True

Senior Community N

New Financing: Cash True

Interior

Flooring Vinyl

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features >1 Space Per Unit Carport

Water Source City Franchise

Total Parking 28.0

Number of Buildings 3

Spa N

Lot Dimensions 143x177

Covered Spaces 15.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 2539

* Excluded Features

List By

Matthews Real Estate Investment Services

Broker

kyle.inman@matthews.com

Affordability Calculator

$31,574

Per Month

Monthly Principal & Interest: $31,006
Monthly Property Taxes: $567
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Phoenix, AZ

Average List Price ^$1,219,972

Percent of Sale Price 75%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4327165 Elementary School

4327058 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/17/2025	$4,970,000		Listed Price

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2539 N 48TH Street, Phoenix, AZ, 85008 is a Multi-Family Home for sale at $4,970,000. 2539 N 48TH Street is a studio with 0.0 baths and was built in 1985. The property's zip code is 85008 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/20/2025.

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2539 N 48TH Street

Multi-Family Home for sale in Phoenix, AZ

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