Seller Financing
3025 N 38th Street, Phoenix, AZ
$ 4,050,000
Property Attributes
  • MLS#6614751
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • Zip85018
  • StyleMultiple Dwellings
  • Year Built1971
  • Taxes$ 14343
  • Price$ 4,050,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

Price History
10/6/2023 Listed $4,300,000
1/30/2024 6% - $4,050,000

General Features

Sewer Public Sewer
Roof Composition
Zoning R-3
Construction Materials Stucco,Block
Year Built 1971
Electric SRP,Individual Meter
Tenant Pays Electricity
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 291245.3
OwnerPays Trash Collection,Water,Sewer,Landscaping
Community Features Barbecue,Pool
County Maricopa
Net Operating Income 218528.0
Operating Expense 67853.0
Insurance Expense 5625.0
Property Type Multiple Dwellings
Attached Garage No
MaintenanceExpense 6750.0
Garage Y/N No
Status Active
City Phoenix
Buyer Agent Compensation 2.00
Disclosures None
View Y/N No
High School District Phoenix Union High School District
Open Parking Spaces 12.0
Total Units 15
Lot Size Square Feet 0.0
Carport Y/N No
Street Name 38th
Tax Annual Amount 14343.0
Electric Expense 9967.0
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 145
Standard Status Active
Elementary School District Creighton Elementary District
Tax Lot 88
Cap Rate 5.08
MobileHomeRemainsYN No
Buyer Agent Compensation Type %
New_sp_Financing_co_Conventional5 True
Ownership Fee Simple
Senior Community None

Interior Features

Flooring Concrete
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix Street
Electric On Property Y/N No

Exterior Features

Parking Features >1 Space Per Unit
Water Source Master Meter
Total Parking 26.0
Lot Size Area 0.0
Number of Buildings 7
Spa No
Lot Dimensions 40,408 sq ft.
Lot Size Acres 0.0
Road Surface Type Asphalt
Covered Spaces 14.0
Crops Included Y/N No
Open Parking Y/N No
Irrigation Water Rights Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 85018

AVG $2.17M
AVG $4,252
AVG 211
Data Provided by Inside Real Estate®
Year Built
AVG 1972
AVG 72
Data Provided by Walkscore® not using MLS data

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