For Sale

Listed by Heather Openshaw and Devan Statler from Keller Williams Integrity First

Source: Arizona Regional Multiple Listing Service #7013792

2925 North 38th Street, Phoenix, AZ, 85018

$900,000

10

MultiFam

•

30+ days on the market

What's around 2925 North 38th Street

About this property

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.

Looking for more information on 2925 North 38th Street?

Explore comparables, sales history and growth for this property.
Learn more

Contact

Similar properties for sale nearby

For Sale
$875,000
2919 North 38th Street
Phoenix AZ 85018
8
Multi-Family
Listing courtesy of Orion Investment Real Estate
For Sale
$1,295,000
3517 East Montecito Avenue
Phoenix AZ 85018
4
Multi-Family
Listing courtesy of Coldwell Banker Realty
For Sale
$1,475,000
3618 East Montecito Avenue
Phoenix AZ 85018
4
Multi-Family
Listing courtesy of First Road Property Advisors, LLC

Other properties for sale by Keller Williams Integrity First

For Sale
$499,900
4757 East McLellan Road
Mesa AZ 85205
4
2
2
Single-Family
Listing courtesy of Keller Williams Integrity First
For Sale
$400,000
1829 West Pecos Avenue
Mesa AZ 85202
3
2
2
Single-Family
Listing courtesy of Keller Williams Integrity First
For Sale
$675,000
21592 East Roundup Way
Queen Creek AZ 85142
6
4
4
Single-Family
Listing courtesy of Keller Williams Integrity First

Browse properties sold in nearby areas

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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 being provided is 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.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

© 2026 RateMyAgent