Courtesy of Orion Investment Real Estate
Property Description
2923 N 38th St is a fully renovated fourplex in Phoenix’s highly desirable 85018 zip code near Arcadia Lite and the Camelback Corridor. This turnkey multifamily investment features updated units with modern kitchens, upgraded bathrooms, new flooring, and in-unit washer and dryer. Stabilized with strong rental income and long-term tenants, the property offers immediate cash flow. Ideal for investors or owner-occupants, this 4-unit property qualifies for residential financing. Located near top dining, shopping, and major employers including Phoenix Children’s Hospital and Banner – University Medical Center Phoenix. Rare opportunity in a high-demand Phoenix rental market.
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Property Details and Features
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Appliances & Equipment
- "Disposal"
- "Dishwasher"
- "Refrigerator"
- "Free-Standing Electric Oven"
- "Built-In Electric Oven"
- "Microwave"
- "Washer/Dryer"
- "W/D Hookup"
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Building
- Built in 1964
- Construction materials: "Painted", "Block"
- 4 total units
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Cooling
- "Central Air"
- "Ceiling Fan(s)"
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Expenses
- Electric: $3,311
- Insurance: $3,360
- Maintenance: $1,035
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Floors
- "Vinyl"
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Heating
- "Forced Air"
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Listing
- Listing ID: 7020560
- Standard status: Active
- 1 day on market
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Location
- Subdivision name: CITRUS ACRES LOTS 1 THRU 20
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Parking
- "<1 Space Per Unit"
- 8 total parkings
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Property
- Zoning: R-4
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Roof
- "Rolled/Hot Mop"
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Schools
- High school district: Phoenix Union High School District
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Sewer
- "Public Sewer"
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Taxes
- Annual amount: $1,688
- Lot: 83
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Utilities
- "SRP"
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Market Trends for 85018, Phoenix, AZ
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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.