3141 N 37th St Street Phoenix, AZ ^$ 3,340,000

3141 N 37th St Street

^$ 3,340,000

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Recently Listed

3141 N 37th St Street

Phoenix, AZ, 85018

^$ 3,340,000

Studio Baths0.0

Monthly Estimate*

^$ 21,089

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $3,340,000. This home was built in 1967.

Built in 1967 and renovated in 2019, Villa Siena is entirely comprised of two-bedroom, one-bathroom floorplans. The clean, modernized interiors have been renovated with stainless steel appliances, quartz countertops, new shaker cabinets, wood-style vinyl flooring, and in-suite individual washers and dryers. Each unit also features a spacious private backyard and two tandem covered parking spots offering each resident direct access to their adjacent unit. Future ownership has the opportunity of capitalizing on the ability to acquire a turn-key asset in a top-tier location at a basis significantly lower than the relevant comp-set. 14-units | All include private back yards, in-suite laundry and direct access tandem covered carports.

Multi-Family Active

Price

^$ 3,340,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 7,885

Style

Multiple Dwellings

Year Built

1967

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7045894

Features

General

Sewer Public Sewer

Heating Individual Central Electric

Cooling Central Air Ceiling Fan(s) Electric Individual

Roof Other

Zoning R-3

Construction Materials Painted Block

Year Built 1967

Electric SRP Individual Meter

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 228959.5

Community Features No Pool

County Maricopa

Net Operating Income 167068.0

Operating Expense 7885.4

New Construction N

Property Type Multiple Dwellings

Attached Garage N

Garage Y/N N

Status Active

City Phoenix

Disclosures None

Open Parking Spaces 6.0

Number Of Units Total 14

Carport Y/N N

Tax Annual Amount 7885.4

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

Tax Lot 51

Cap Rate 5.0

New Financing: Conventional True

Senior Community N

New Financing: Cash True

Interior

Flooring Tile Vinyl

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features Paved >1 Space Per Unit Carport

Water Source Master Meter City Franchise

Total Parking 26.0

Number of Buildings 6

Spa N

Lot Dimensions 38 650 SF

Road Surface Type Asphalt

Covered Spaces 20.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 3141

* Excluded Features

List By

Marcus & Millichap

Broker

paul.bay@marcusmillichap.com

Affordability Calculator

$21,746

Per Month

Monthly Principal & Interest: $21,089
Monthly Property Taxes: $657
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.49% 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 ^$1,089,909

Percent of Sale Price 67%

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.

260072 Elementary School

263420 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/24/2026	$3,340,000		Listed Price

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3141 N 37th St Street, Phoenix, AZ, 85018 is a Multi-Family Home for sale at $3,340,000. 3141 N 37th St Street is a studio with 0.0 baths and was built in 1967. The property's zip code is 85018 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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 7/4/2026.

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3141 N 37th St Street

Multi-Family Home for sale in Phoenix, AZ

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