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Melinda Muller
REALTOR®, CRS, CLHMS, CSP
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2925 N 38th Street, Phoenix, AZ 85018

$900,000
  • 2925 N 38th Street, Phoenix, AZ 85018 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#7013792
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONCITRUS ACRES LOTS 1 THRU 20 SCHOOLPhoenix Union High School District

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.

2925 N 38th Street | MLS# 7013792

This multi-family property located at 2925 N 38th Street, Phoenix, AZ 85018 is currently listed for sale with an asking price of $900,000. N 38th Street is located within the Phoenix Union High School District school district. Search Phoenix real estate on mmuller.arizonabest.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Forced Air
Roof Type: Foam
Taxes: $1,654
Year Built: 1964

Feature Descriptions

Community Features: No Pool, Pool
Days on Site: 1
Exterior: Block, Painted, Stucco
Parking: Open, Paved, >1 Space Per Unit
Swimming Pool: Yes
Water: City Franchise

Local Schools

High School: Camelback High School
Middle School: Monte Vista Elementary School
Elementary School: Monte Vista Elementary School
School District: Phoenix Union High School District

Listed By / Shown By

Listed By

Agency Name: Keller Williams Integrity First
Agency Phone: 480-854-2400

Shown By

Agent Name: Melinda Muller
Agent Phone: (480) 980-5213
Agency Title: Arizona Best Real Estate

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Estimated Payment

$ 2,403.34 per month $2,003.01 Principal & Interest $137.83 Property Tax $262.50 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 04/16/2026. The listing information on this page last changed on 04/16/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 04/16/2026 12:13:23 AM EST) or ARMLS (last updated Wed 04/15/2026 11:06:58 PM EST). Real estate listings held by brokerage firms other than Arizona Best Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.


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