Brian Young PLLC
DPR Realty LLC
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653)
8341 E Gelding Drive, Scottsdale, AZ 85260
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MLS# 6937740 – 4118 N 3rd Avenue, Phoenix, AZ 85013

$615,000 - Br/Ba - for Sale in Indian Park, Phoenix
Price: $615,000
Units: 3
Property Type: Multiple Dwellings
Status: Active
Year Built: 1952
Neighborhood: Indian Park
Days on Website: 191

Courtesy of Matthews Real Estate Investment Services

Property Description

4118 N 3rd Ave is a 3-unit apartment community located in the Midtown Submarket of Phoenix, Arizona. Originally constructed in 1952, the property has undergone significant capital improvements over recent years, including interior updates, brand new plumbing system with 100% PEX , newer roof, water heaters, upgraded electrical, and added private fencing. The building consists of (3) one-bedroom, one-bathroom floor plans and a covered parking spot for each unit. Each unit is currently occupied at below market rents, allowing for considerable rental upside. New ownership acquire a renovated and well-performing asset with near-term upside in a highly desirable and centralized location along the Central Avenue Corridor.

Open House

Property Details and Features

  • Listing
  • 186 days on market
  • Listing ID: 6937740
  • Standard status: Active
  • Appliances & Equipment
  • “Disposal”
  • “Refrigerator”
  • “Free-Standing Electric Oven”
  • Building
  • Built in 1952
  • Construction materials: “Painted”, “Block”
  • 3 total units
  • Cooling
  • “Central Air”
  • “Ceiling Fan(s)”
  • “Electric”
  • “Heat Pump”
  • “Individual”
  • Expenses
  • Insurance: $1,713
  • Water sewer: $2,700
  • Floors
  • “Ceramic Tile”
  • Heating
  • “Heat Pump”
  • “Electric”
  • Location
  • Subdivision name: INDIAN PARK
  • Parking
  • “Add’l Parking Avail”
  • “1 Space/Unit”
  • “Carport”
  • 5 total parkings
  • Property
  • Zoning: R4
  • Roof
  • “Composition”
  • Schools
  • High school district: Phoenix Union High School District
  • Sewer
  • “Sewer-In & Connected”
  • “Public Sewer”
  • Taxes
  • Annual amount: $1,161
  • Lot: 58
  • Utilities
  • “SRP”

Property Map

$615,000 – 4118 N 3rd Avenue, Phoenix, AZ 85013

Street View

Nearby Schools

Similar Properties Nearby

This content last updated on May 2, 2026 3:25PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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