2925 N 38TH Street

Property Description

FULLY REMODELED UNITS! This multi-family property presents a strong, turnkey investment opportunity with immediate and reliable cash flow. The asset consists of four units, including two 2 bedroom 2 bath units and two 1 bedroom 1 bath units, offering a desirable unit mix that attracts a broad tenant base.

Each unit has been thoughtfully upgraded with modern finishes, minimizing near term capital expenditures and reducing ongoing maintenance concerns. The 2 bedroom units average approximately 850 square feet, while the 1 bedroom units offer around 700 square feet, providing efficient and highly rentable layouts.

The property delivers excellent income performance, with all units renting at 1,200 per month, creating consistent and predictable revenue. This makes it an ideal opportunity investors seeking stable cash flow, strong rental demand, and a low maintenance asset.

With its combination of renovations, solid in place rents, and appealing unit mix, this property is well positioned for long term appreciation and continued income growth.

Overview

Property Status

For Sale

MLS ID

7013792

Property Type

Multi-Family

Year Built

1964

Are you interested?

Schedule a Tour

Heather Openshaw

(480) 462-5939 [email protected]

Features & Amenities

Neighborhood

Phoenix

Water Source

City Franchise

Roof

Foam

Parking

Paved, Free, Addl Parking Avail, 1 Space Per Unit

Heat Type

Forced Air

Air Conditioning

Central Air

Appliances

Dishwasher, Refrigerator, Microwave

Sewer

Public Sewer

Elementary School

Monte Vista Elementary School

Middle School

Monte Vista Elementary School

High School

Camelback High School

School District

Phoenix Union High School District

Sales Price

$900,000

Real Estate Tax

$1,654/yr

Zoning

multi

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We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

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Thank you

for your interest in 2925 N 38TH Street, Phoenix, AZ 85018

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