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3311 E Cambridge Avenue Phoenix, AZ $ 650,000
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3311 E Cambridge Avenue
$ 650,000
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3311 E Cambridge Avenue

Phoenix, AZ, 85008
$ 650,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 4,489

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Multi-Family Home for sale in Phoenix, AZ

for $650,000 with 5 bedrooms. This home was built in 1940.

5 unit multi family property w/ possibility for 6th unit. All units are detached1Bed/1Bath Apt at 32nd St and Thomas! Apt inc living room, kitchen, 1 bed, 1 bath, tile/vinyl flooring throughout, ceiling fans. Gross monthly revenue on this building is $5296 w/ good refundable sec dep on all units. One unit is vacant. All units individually metered for electric and gas--all paid by tenant. Some units have covered parking. Tenants each pay an equal share of common area utility bills. Great location--close to bus routes and near The Phoenix Zoo, Phoenix Sky Harbor, Perry Park, AZ-51, and AZ- Loop 202. Shopping, and food/drink close by!

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Multi-Family Active

Price

$ 650,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 685

Style

Multiple Dwellings

Year Built

1940

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7081367
Features
General
Sewer Public Sewer Sewer-In & Connected
Heating Central
Cooling Central Air Ceiling Fan(s)
Roof Composition
Zoning R2
Construction Materials Wood Frame Siding Painted
Year Built 1940
Electric SRP Individual Meter
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 62916.48
Community Features No Pool
County Maricopa
Net Operating Income 51502.0
Operating Expense 7550.0
Insurance Expense 2365.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 4500.0
Subdivision Name TABER TRACT
Garage Y/N N
Status Active
Directions From the 51 (Piestewa Freeway)/ East on Thomas Road/ South on 32nd Street/ East on Cambridge Ave/ Property on Right
High School Camelback High School
City Phoenix
Disclosures None
High School District Phoenix Union High School District
Open Parking Spaces 0.0
Number Of Units Total 5
Carport Y/N N
Elementary School Monte Vista Elementary School
Tax Annual Amount 685.0
Middle/Junior High School Monte Vista Elementary School
Trash Expense 0.0
Water Sewer Expense 0.0
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 8
Cap Rate 7.92
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Interior
Flooring Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Total Bedrooms 5
Total Baths 0
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Exterior
Parking Features Assigned <1 Space Per Unit On Street Carport
Water Source City Franchise
Total Parking 3.0
Number of Buildings 6
Spa N
Lot Dimensions 8311 sq ft
Road Surface Type Concrete Dirt
Covered Spaces 3.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 3311
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* Excluded Features
List By
Market Edge Realty, Llc

Broker

Office@RentUSA.info

Email

Affordability Calculator

$4,546
Per Month
99%
1%
0%
Monthly Principal & Interest
$4,489
Monthly Property Taxes
$57
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4327204 Elementary School
4327204 Middle School
Camelback High School High School
See complete school information
Pricing History
Date Price Price Change Description
9/17/2026 $650,000 Listed Price

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3311 E Cambridge Avenue, Phoenix, AZ, 85008 is a Multi-Family Home for sale at $650,000. 3311 E Cambridge Avenue has 5 bedrooms, 0.0 baths, and was built in 1940. The property's zip code is 85008 which is in Phoenix, AZ

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