




Courtesy of Keller Williams Integrity First Realty, Heather Openshaw Listing Contact: 480-462-5939
17 Beds
10 Baths
$900,000
2925 N 38TH Street, Phoenix AZ, 85018
Built in1964
Property typeMulti-family
Overview
Active
Listed Apr 14, 2026
Updated Oct 3
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.
Additional information
- MLS® ID
- 7013792
Interior Features
- Bedrooms
- 17
- Bathrooms
- 10
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Other Property Details
- Taxes
- $1,654
- Tax Frequency
- Annually
- Municipality
- 2N
- Pool
- Yes
Courtesy of Keller Williams Integrity First Realty, Heather Openshaw
Listing Contact: 480-462-5939
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Data Last Updated: 4:12 AM UTC, 10/3/2026.