2925 N 38TH Street, Phoenix AZ 85018
$900,000
Brokerage: Ivy Realty(623) 299-4954
1 / 26Home facts
- Price
- $900,000
- Status
- Active
- Beds
- 17
- Baths
- 10
- Year built
- 1964
- Type
- F
- Pool
- Yes
- Water
- City Franchise
- Sewer
- Sewer - Public
- Subdivision
- CITRUS ACRES LOTS 1 THRU 20
- MLS #
- 7013792
Listed by Keller Williams Integrity First Realty · 480-854-2400
Courtesy of ARMLS · Presented by Ivy Realty, (623) 299-4954
About this home
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
Features
Roof
Foam
Sewer
Sewer - Public
Cooling
Central Air
Heating
Forced Air
Electric
SRP
Flooring
Laminate
WaterSource
City Franchise
ParkingFeatures
Paved, Free, Add'l Parking Avail, >1 Space Per Unit
CommunityFeatures
Pool, No Pool
ConstructionMaterials
Painted, Stucco, Block
Map
Nearby sales
Closed within about ¾ mile in the last 6 months (ARMLS).
| Address | Sold | Price | Beds/Baths | Sq ft | Listing brokerage |
|---|---|---|---|---|---|
| 3420 E CLARENDON Avenue | Sep 29, 2026 | $750,000 | 4/3 | 1,981 | Apex Residential |
| 2812 N 32ND Place | Sep 24, 2026 | $400,000 | 3/2 | 1,171 | AZ Dream Homes |
| 3314 E HOLLY Street | Sep 17, 2026 | $435,000 | 3/2 | 1,368 | Compass |
| 3033 N 39TH Street 4 | Sep 15, 2026 | $400,000 | 2/2 | 1,146 | Realty ONE Group |
| 3336 E EARLL Drive | Sep 14, 2026 | $550,000 | 4/3 | 1,894 | Fathom Realty Elite |
| 3230 E PINCHOT Avenue 32 | Sep 13, 2026 | $165,000 | 2/2 | 1,032 | eXp Realty |
Source: ARMLS IDX via Ivy Realty, updated Oct 2, 4:31 PM (Arizona time).
Listing information courtesy of the Arizona Regional Multiple Listing Service (ARMLS). Information deemed reliable but not guaranteed. Copyright ARMLS.
Use of this search or AI does not create an agency relationship. Agency begins only with a written agreement with Ivy Realty.
Ivy Realty · 20325 N 51st Ave, Bldg 5, Ste 134, Glendale, AZ 85308 · (623) 299-4954 · Designated Broker Ivy Clay, License #LC722089000
Equal Housing Opportunity
Licensees: see Ivy Realty plans (100% plan $25/mo + $395 per closed transaction, or 80/20 with $0 monthly and $0 per transaction).