MLS# 7033472 – 1812 N 31st Place, Phoenix, AZ 85008

Price: $959,000
Units: 6
Status: Active
Year Built: 1972
Days on Website: 93

Courtesy of SRL Group

Property Description

Exceptional investment opportunity in the heart of Central Phoenix featuring six garden-style apartment units with an unbeatable location offering quick access to Downtown Phoenix, Arcadia, the SR-51, and Old Town Scottsdale. This well-positioned property consists of two spacious 3-bedroom/1-bath units, two 2-bedroom/1-bath units, and two studio apartments, providing a diverse unit mix ideal for attracting a wide range of tenants. Several units have been fully renovated with stylish finishes, while others have been thoughtfully updated and still offer additional value-add potential for future improvements and increased rents. Each unit offers a comfortable layout with charming garden-style appeal, creating a welcoming atmosphere for residents. Located near some of Phoenix’s most Located near some of Phoenix’s most popular dining, shopping, entertainment, and employment hubs, this property presents a rare opportunity for both seasoned investors and owner-users seeking strong upside potential in one of the Valley’s most desirable rental corridors.

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Property Details and Features

  • Property Access
  • Road Surface: Asphalt
  • Appliances & Equipment
  • Refrigerator
  • Bathrooms
  • 6 total bathrooms
  • Bedrooms
  • 12 total bedrooms
  • Building
  • Built in 1972
  • 2 buildings
  • Construction Materials: Wood Frame, Painted
  • Community
  • No Pool
  • Cooling
  • Electric
  • Disclosures
  • Other (See Remarks)
  • Expenses
  • Operating: $1,813
  • Floors
  • Tile
  • Laminate
  • Heating
  • Natural Gas
  • Income
  • Gross Income: $83,163
  • Gross ScheduledIncome: $87,540
  • Listing
  • Listing ID: 7033472
  • Standard Status: Active
  • MLS Status: Active
  • On market as of 2026-06-04
  • 101 days on market
  • Location
  • County/Parish: Maricopa
  • Lot
  • Dimensions: IRR
  • Owner Pays
  • Trash Collection
  • Water
  • Sewer
  • Parking
  • 2 covered spaces
  • 6 open parking spaces
  • 8 total parking spaces
  • 1 Space/Unit
  • Roof
  • Composition
  • Schools
  • Elementary School: The Creighton Academy
  • Elementary School District: Creighton Elementary District
  • Middle School: The Creighton Academy
  • High School: Camelback High School
  • High School District: Phoenix Union High School District
  • Sewer
  • Public Sewer
  • Taxes
  • Additional parcels description:
  • Parcel Number: 120-20-081
  • Public Survey Range: 3E
  • Public Survey Section: 35
  • Annual Amount: $1,813
  • Tax Book Number: 120.00
  • Legal Description: PT W2 SE4 SE4 BEG AT PT 806.33′ N OF SW COR OF E 196.83′ OF W2 SE4 SE4 E 166.83′ N 71.67′ W 166.8
  • Year: 2025
  • Zoning: R-3
  • Utilities
  • Water Source: City Franchise
  • APS

Property Map

$959,000 – 1812 N 31st Place, Phoenix, AZ 85008

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This content last updated on September 5, 2026 2:20PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.