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1812 N 31st Pl

Phoenix AZ 85008

8
Multi-Family
Currently for sale - view listing

Overview

Exceptional investment opportunity in the heart of Central Phoenix featuring six garden-style apartment units with an unbeatable location offering quick access to Downtown Phoenix, Arcadia, the SR-51, and Old Town Scottsdale. This well-positioned property consists of two spacious 3-bedroom/1-bath units, two 2-bedroom/1-bath units, and two studio apartments, providing a diverse unit mix ideal for attracting a wide range of tenants. Several units have been fully renovated with stylish finishes, while others have been thoughtfully updated and still offer additional value-add potential for future improvements and increased rents. Each unit offers a comfortable layout with charming garden-style appeal, creating a welcoming atmosphere for residents. Located near some of Phoenix's most Located near some of Phoenix's most popular dining, shopping, entertainment, and employment hubs, this property presents a rare opportunity for both seasoned investors and owner-users seeking strong upside potential in one of the Valley's most desirable rental corridors.

Features

8 carspaces
6 open car spaces
Multi-Family

Property history for 1812 N 31st Pl

2021
Sold
$658,000
01 Apr 2021 by Royce Munroe, of ABI Multifamily
2018
Sold
$425,000
21 Sep 2018 by Joe Montalto, of USELLSMART Real Estate
2018
Sold
$425,000
20 Sep 2018

Happy sellers in Phoenix

100%
100% of sellers in Phoenix reported that their sale price either exceeded or met their price expectations.

Phoenix stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Phoenix over the last 12 months.

Local market activity for multi families in Phoenix

In the last 12 months, 22 multi families similar to 1812 N 31st Pl, have been sold.

This represents a 10% increase in multi families sales when compared to the previous 12 months.

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