SoldApr 10, 2026

Listed by Eric Williamson

Source: Arizona Regional Multiple Listing Service #6908701

3006/3131 N Central Ave, Phoenix, AZ, 85012

$375,000

2
1125 sq. ft.

Condo

•

30+ days on the market

Sold: Apr 10, 2026

What's around 3006/3131 N Central Ave

About this property

Welcome to Unit 3006 at Edison Midtown—an elevated urban retreat that blends modern sophistication with effortless comfort. Perched on the third floor with sweeping city views, this residence features quartz countertops, sleek cabinetry, and stainless steel appliances anchoring a light-filled, open-concept living space. The private balcony offers a quiet escape, while the spacious bedroom and spa-inspired bath create a sanctuary within the city. Residents enjoy resort-style amenities including a heated pool, fitness center, and secure parking. Unit 3006 includes two covered parking spots and a private storage room, offering both convenience and security. This listing is part of a rare three-unit portfolio—Units 3002, 3006, and 3009—each individually upgraded, turnkey, and poised for immediate occupancy. Every unit in the bundle includes two covered parking spaces and a dedicated storage room, streamlining operations for both personal use and investment strategy. For investors, the portfolio offers strategic control in one of Phoenix's fastest-appreciating urban corridors, with short-term rental viability across all three units and operational efficiency baked into the location and layout. Shared vendor relationships, reduced overhead, and simplified management make this bundle a high-functioning asset with flexible exit options flip one, lease two, or hold all three. With a total of 3,626 square feet and a list price of $1,445,000, the bundle offers a blended price of $398.38 per square foot. Buyers unlock 5-8% in instant equity compared to piecemeal acquisition, with ~$75K in value captured upfront. The portfolio averages $400.62/SF, well below the active market average of $434.67/SF and closed average of $452.27/SF positioning you as the value leader. On a per-square-foot basis, you're acquiring at approximately 17-27% below market, creating a rare opportunity for both immediate cash flow and long-term appreciation. Midtown velocity continues to climb, and Edison units consistently trade above market due to their amenity-rich lifestyle and walkable location. Seller is offering exclusive terms for portfolio buyers, and with limited inventory at Edison, this configuration may not be replicable again. Whether you're building a short-term rental empire or anchoring a long-term equity play, this three-unit package delivers unmatched value, flexibility, and upside. ***See document tab for list of owners improvements ****

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