About 2925 N 38th Street
FULLY REMODELED UNITS! This multi-family property presents a strong, turnkey investment opportunity with immediate and reliable cash flow. The asset consists of four units, including two 2 bedroom 2 bath units and two 1 bedroom 1 bath units, offering a desirable unit mix that attracts a broad tenant base. Each unit has been thoughtfully upgraded with modern finishes, minimizing near term capital expenditures and reducing ongoing maintenance concerns. The 2 bedroom units average approximately 850 square feet, while the 1 bedroom units offer around 700 square feet, providing efficient and highly rentable layouts. The property delivers excellent income performance, with all units renting at 1,200 per month, creating consistent and predictable revenue. This makes it an ideal opportunity investors seeking stable cash flow, strong rental demand, and a low maintenance asset. With its combination of renovations, solid in place rents, and appealing unit mix, this property is well positioned for long term appreciation and continued income growth.
Features of 2925 N 38th Street
| MLS® # | 7013792 |
|---|---|
| Price | $900,000 |
| Bedrooms | 17 |
| Bathrooms | 10.00 |
| Year Built | 1964 |
| Type | Multiple Dwellings |
| Status | Active |
Community Information
| Address | 2925 N 38th Street |
|---|---|
| Subdivision | CITRUS ACRES LOTS 1 THRU 20 |
| City | Phoenix |
| County | Maricopa |
| State | AZ |
| Zip Code | 85018 |
Amenities
| Amenities / Community Features | Pool, No Pool |
|---|---|
| Parking Spaces | 10 |
| Parking | Paved, Free, Add'l Parking Avail, >1 Space Per Unit |
| Is Waterfront | No |
| Has Pool | Yes |
Interior
| Appliances | Dishwasher, Refrigerator, Microwave |
|---|---|
| Heating | Forced Air |
| Cooling | Central Air |
| Fireplace | No |
Exterior
| Roof | Foam |
|---|---|
| Construction | Painted, Stucco, Block |
School Information
| District | Phoenix Union High School District |
|---|---|
| Elementary | Monte Vista Elementary School |
| Middle | Monte Vista Elementary School |
| High | Camelback High School |
Additional Information
| Zoning | multi |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Integrity First Realty |
|---|