2925 N 38TH Street Phoenix, AZ 85018
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Citrus Acres Lots 1 Thru 20
MLS Listing ID 7013792
Year Built 1964
Annual Tax Amount $1,654
Tax Year 2025
Lot Dimensions irr
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
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.
Location
State AZ
County Maricopa
Community Citrus Acres Lots 1 Thru 20
Area Maricopa
Zoning multi
Direction Heating North on 38th St, property is on the East side of Street.
Interior
Heating Forced Air
Cooling Central Air
Flooring Laminate
Appliance Dishwasher, Refrigerator, Microwave
Exterior
Parking Features Paved, Free, Add'l Parking Avail, >1 Space Per Unit
Community Features Pool, No Pool
Roof Type Foam
Private Pool Yes
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Monte Vista Elementary School
Middle Schools Monte Vista Elementary School
High Schools Camelback High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 127-21-008-C
Acceptable Financing Conventional, FHA, VA Loan
Disclosures Seller Prop Disc Stm
Listing Terms Conventional, FHA, VA Loan
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