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3016 North 37th Street

Phoenix AZ 85018

14
Multi-Family
Currently for sale - view listing

Overview

Rare 7-Unit Investment Opportunity in Prime East Phoenix. Fully occupied and located near 40th St & Thomas Rd in the desirable Citrus Acres / Arcadia-adjacent area. This up-and-coming corridor is surrounded by new construction, redevelopment, popular restaurants, shopping, and easy access to Arcadia, Biltmore, and major freeways. The property features clean, well-maintained, low-maintenance units with strong in-place income and future upside. Excellent long-term hold with value-add potential, including possible expansion or redevelopment of the lot (buyer to verify zoning). A solid, income-producing asset in one of Phoenix's most dynamic growth areas. This listing is part of a 21-unit package.

Features

14 carspaces
7 open car spaces
Multi-Family

Property history for 3016 North 37th Street

2016
Sold
$270,000
17 Feb 2016 by Michael Bohlman, of Arizona Elite Properties

Happy sellers in Phoenix

89%
89% 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 7 reviews in Phoenix over the last 12 months.

Local market activity for multi families in Phoenix

In the last 12 months, 4 multi families similar to 3016 North 37th Street, have been sold.

This represents a 34% increase in multi families sales when compared to the previous 12 months.

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