$1,995,624
3016 N 37 Street, Phoenix, AZ 85018
Maricopa County
Description
Rare 7-Unit Investment Opportunity in Prime East Phoenix. Fully occupied and located near 40th St & Thomas Rd in the desirable Citrus Acres / Arcadia-adjacent area. This up-and-coming corridor is surrounded by new construction, redevelopment, popular restaurants, shopping, and easy access to Arcadia, Biltmore, and major freeways. The property features clean, well-maintained, low-maintenance units with strong in-place income and future upside. Excellent long-term hold with value-add potential, including possible expansion or redevelopment of the lot (buyer to verify zoning). A solid, income-producing asset in one of Phoenix's most dynamic growth areas. This listing is part of a 21-unit package.
Property details
Interior
Bathrooms
- Total Bathrooms: 0
Appliances
- Refrigerator
- Dishwasher
- Disposal
- Microwave
- Built-In Electric Oven
Heating and Cooling
- Cooling Features: Electric, Ceiling Fan(s)
- Heating Features: Forced Air
Exterior
Land Info
- Lot Size Dimensions: 195' x 67'
Garage and Parking
- Attached Garage: No
- Parking Features: Paved, >1 Space Per Unit
Listing
Other Property Info
- Annual Tax Amount: $2,210
- Source Listing Status: Active
- County: Maricopa
- Directions: North from Thomas on 37th street to property
- Parcel Number: 127-22-019-A
- Zoning: R-3
- Postal City: Phoenix
- Listing Date: 1/25/2026
- MLS#: 6974495
Features
Building and Construction
- Year Built: 1945
- Property Age: 81
- Construction Materials: Block, Painted
- Roof: Composition
Utilities
- Water Source: City Franchise
Contact Us
Contact Us
Ask a question or schedule a showing
Listing updated: January 26, 2026
MLS#: 6974495
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.
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