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2919 N 38TH Street Phoenix, AZ $ 875,000
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2919 N 38TH Street
$ 875,000
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2919 N 38TH Street

Phoenix, AZ, 85018
$ 875,000
Baths0.0

Monthly Estimate*

$ 5,388

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $875,000. This home was built in 1964.

2923 N 38th St is a fully renovated fourplex in Phoenix's highly desirable 85018 zip code near Arcadia Lite and the Camelback Corridor. This turnkey multifamily investment features updated units with modern kitchens, upgraded bathrooms, new flooring, and in-unit washer and dryer. Stabilized with strong rental income and long-term tenants, the property offers immediate cash flow. Ideal for investors or owner-occupants, this 4-unit property qualifies for residential financing. Located near top dining, shopping, and major employers including Phoenix Children's Hospital and Banner - University Medical Center Phoenix. Rare opportunity in a high-demand Phoenix rental market.

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Multi-Family Active

Price

$ 875,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,688

Style

Multiple Dwellings

Year Built

1964

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7020560
Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air Ceiling Fan(s)
Roof Rolled/Hot Mop
Zoning R-4
Construction Materials Painted Block
Year Built 1964
Electric SRP
Township 2N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 57570.0
Community Features No Pool
County Maricopa
Net Operating Income 41157.0
Operating Expense 13649.0
Insurance Expense 3360.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 1035.0
Subdivision Name CITRUS ACRES LOTS 1 THRU 20
Garage Y/N N
Status Active
City Phoenix
Disclosures None
High School District Phoenix Union High School District
Open Parking Spaces 4.0
Number Of Units Total 4
Carport Y/N N
Tax Annual Amount 1688.0
Electric Expense 3311.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Elementary School District Creighton Elementary District
Tax Lot 83
Cap Rate 4.7
New Financing: Conventional True
Senior Community N
New Financing: FHA True
New Financing: Cash True
New Financing: VA True
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Interior
Flooring Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features <1 Space Per Unit
Water Source City Franchise
Total Parking 8.0
Number of Buildings 1
Spa N
Lot Dimensions 139 x 57.95
Road Surface Type Concrete
Covered Spaces 4.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 2919
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* Excluded Features
List By
Orion Investment Real Estate

Broker

cody.leslie@orionprop.com

Email

Affordability Calculator

$5,528
Per Month
97%
3%
0%
Monthly Principal & Interest
$5,388
Monthly Property Taxes
$141
Monthly Home Insurance
--
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
4327165 Elementary School
4327058 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
4/29/2026 $875,000 Listed Price

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2919 N 38TH Street, Phoenix, AZ, 85018 is a Multi-Family Home for sale at $875,000. 2919 N 38TH Street is a studio with 0.0 baths and was built in 1964. The property's zip code is 85018 which is in Phoenix, AZ

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