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
Street View
Market Trends for 85018, Phoenix, AZ
Nearby Schools
Request More Information
Schedule a Showing
Similar Properties Nearby
This content last updated on June 25, 2026 2:27AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.