10831 N 18TH Avenue Phoenix, AZ ^$ 480,000

10831 N 18TH Avenue

^$ 480,000

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10831 N 18TH Avenue

Phoenix, AZ, 85029

^$ 480,000

Studio Baths0.0

Monthly Estimate*

^$ 2,955

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $480,000. This home was built in 1971.

Exceptional investment opportunity! Well-maintained multi-family triplex, with beautiful mountain views. Stable, long term renters, one has lived there 11 years, the other over 8 years! Each of the three units offers a thoughtfully designed interior boasting 2-bedrooms and 1-bathroom. Every unit has an equipped kitchen ready for everyday cooking, along with a spacious living room that provides plenty of room to relax or entertain. The bathrooms feature convenient tub/shower combos for practicality and comfort! Each residence enjoys its own private back patio. The common patio area is fully fenced, adding security for tenants. This triplex presents a fantastic opportunity for investors or owner-occupants! Seize this opportunity!

Multi-Family Active

Price

^$ 480,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,193

Style

Multiple Dwellings

Year Built

1971

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6994365

Features

General

Sewer Public Sewer

Heating Electric

Cooling Electric

Roof Composition

Zoning R-3

Construction Materials Painted Block

Year Built 1971

Electric APS

Township 3N

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 34165.8

Community Features No Pool

County Maricopa

Net Operating Income 25174.0

Operating Expense 1193.0

Insurance Expense 0.0

New Construction N

Property Type Multiple Dwellings

Attached Garage N

MaintenanceExpense 0.0

Subdivision Name DESERT COVE EXTENSION LOTS 5-12 21 24-28

Garage Y/N N

Status Active

Directions Head north onto 19th Ave Turn right onto W Desert Cove Ave Turn right onto N 18th Ave. Property will be on the left.

High School Sunnyslope High School

City Phoenix

Disclosures None

High School District Glendale Union High School District

Open Parking Spaces 6.0

Number Of Units Total 3

Carport Y/N N

Elementary School Shaw Butte School

Tax Annual Amount 1193.0

Electric Expense 0.0

Fuel Expense 0.0

Middle/Junior High School Royal Palm Middle 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 Washington Elementary School District

Tax Lot 6

Cap Rate 5.24

New Financing: Conventional True

Senior Community N

New Financing: Cash True

New Financing: VA True

Interior

Flooring Laminate Ceramic Tile

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features Free

Water Source City Franchise

Total Parking 6.0

Number of Buildings 1

Spa N

Lot Dimensions 62 x 130.67

Road Surface Type Asphalt

Covered Spaces 0.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 10831

* Excluded Features

List By

Rosenbaum Realty Group

Broker

daniel@rosenbaumrealtygroup.com

Affordability Calculator

$3,055

Per Month

Monthly Principal & Interest: $2,955
Monthly Property Taxes: $99
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% 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 ^$1,221,221

Percent of Sale Price 154%

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.

4328273 Elementary School

4327519 Middle School

Sunnyslope High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/6/2026	$480,000		Listed Price

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10831 N 18TH Avenue, Phoenix, AZ, 85029 is a Multi-Family Home for sale at $480,000. 10831 N 18TH Avenue is a studio with 0.0 baths and was built in 1971. The property's zip code is 85029 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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 3/8/2026.

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10831 N 18TH Avenue

Multi-Family Home for sale in Phoenix, AZ

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