MLS# 6974495 – 3016 N 37 Street, Phoenix, AZ 85018

Price: $1,995,624
Units: 7
Property Type: Multiple Dwellings
Status: Active
Year Built: 1945
Days on Website: 149

Courtesy of Platinum Realty Group

Property Description

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.

Open House

Property Details and Features

  • Appliances & Equipment
  • “Disposal”
  • “Dishwasher”
  • “Refrigerator”
  • “Built-In Electric Oven”
  • “Microwave”
  • Building
  • Built in 1945
  • Construction materials: “Painted”, “Block”
  • 7 total units
  • Cooling
  • “Ceiling Fan(s)”
  • “Electric”
  • Floors
  • “Tile”
  • Heating
  • “Forced Air”
  • Listing
  • Listing ID: 6974495
  • Standard status: Active
  • 149 days on market
  • Parking
  • “Paved”
  • “>1 Space Per Unit”
  • 14 total parkings
  • Property
  • Zoning: R-3
  • Roof
  • “Composition”
  • Sewer
  • “Public Sewer”
  • Taxes
  • Annual amount: $2,210
  • Lot: 14
  • Utilities
  • “APS”

Property Map

$1,995,624 – 3016 N 37 Street, Phoenix, AZ 85018

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This content last updated on June 24, 2026 5:12PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.