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● For sale

$768,000

1318 E CULVER Street, Phoenix, AZ 85006

BURROUGHS · Maricopa County

Built 1985 No HOA

126 days on market

Description

*MOTIVATED SELLER* ALL 2 Bedrooms presenting a compelling value-add investment opportunity in a strong Phoenix rental submarket. The property features a mix of Two renovated units setting a clear path for addition value creation. The Proforma is off of conservative market rent of $1200 per unit. Actual Rents are $1173, $1071, $895 and 1 Vacant being turned after recent longtime tenant move out. The roof is +/-5 years old, and three AC units are +/- 3 years old. Central Phoenix, Location and close proximity to employment centers, Downtown Phoenix and Freeways. This asset is well-positioned for cash flow and appreciation for many years to come. All facts and figures are approximate, Buyer to verify to their own satisfaction. flow and long-term appreciation. All facts and figures are approximate, Buyer to verify to their own satisfaction.

Property details

Interior

Bathrooms

Total Bathrooms: 0

Appliances

Refrigerator
Free-Standing Electric Oven

Heating and Cooling

Cooling Features: Heat Pump, Electric, Varies by Unit
Heating Features: Electric, Heat Pump

Exterior

Land Info

Lot Size Dimensions: 49X150

Garage and Parking

Attached Garage: No
Parking Features: <1 Space Per Unit

Community

Neighborhood

Subdivision: BURROUGHS

Listing

Other Property Info

Annual Tax Amount: $1,724
Source Listing Status: Active
County: Maricopa
Directions: South on 12th St, E on Culver, Building is on the North Side of the Street.
Parcel Number: 116-22-140
Zoning: R-3
Postal City: Phoenix
Listing Date: 1/26/2026
MLS#: 6974630

Features

Building and Construction

Year Built: 1985
Property Age: 41
Construction Materials: Wood Frame, Stucco
Roof: Composition

Utilities

Water Source: City Franchise

Contact Us

Ask a question or schedule a showing

Listed by Eric P Hegarty Better Homes & Gardens Real Estate SJ Fowler

Listing updated: May 26, 2026

MLS#: 6974630

Data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.