Brian Young PLLC
DPR Realty LLC
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653)
8341 E Gelding Drive, Scottsdale, AZ 85260
Fax:

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

$1,995,624 - 8Br/Ba - for Sale in Phoenix
Price: $1,995,624
Units: 7
Status: Active
Year Built: 1945
Days on Website: 221

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

  • Property Access
  • Road Surface: Asphalt
  • Appliances & Equipment
  • Disposal
  • Dishwasher
  • Refrigerator
  • Built-In Electric Oven
  • Microwave
  • Bathrooms
  • 7 total bathrooms
  • Bedrooms
  • 8 total bedrooms
  • Building
  • Built in 1945
  • 1 building
  • Construction Materials: Painted, Block
  • Cooling
  • Ceiling Fan(s)
  • Electric
  • Disclosures
  • Seller Prop Disc Stm
  • Expenses
  • Operating: $2,210
  • Floors
  • Tile
  • Heating
  • Forced Air
  • Income
  • Gross Income: $88,042.5
  • Gross ScheduledIncome: $90,300
  • Net Operating Income: $90,300
  • Listing
  • Listing ID: 6974495
  • Standard Status: Active
  • MLS Status: Active
  • 222 days on market
  • Location
  • County/Parish: Maricopa
  • Lot
  • Dimensions: 195′ x 67′
  • Owner Pays
  • Landscaping
  • Parking
  • 7 covered spaces
  • 7 open parking spaces
  • 14 total parking spaces
  • Paved
  • >1 Space Per Unit
  • Roof
  • Composition
  • Sewer
  • Public Sewer
  • Taxes
  • Additional parcels description:
  • Parcel Number: 127-22-019-A
  • Annual Amount: $2,210
  • Tax Book Number: 127.00
  • Lot: 14
  • Parcel Letter: A
  • Year: 2024
  • Zoning: R-3
  • Utilities
  • Water Source: City Franchise
  • APS

Property Map

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

Street View

Nearby Schools

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This content last updated on September 4, 2026 3:49PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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