For sale

$1,950,630

3038 N 38TH Street #A, Phoenix, AZ 85018

12beds

7baths

5,600sqft

Est.: Get pre-qualified

Multi Family

Built in 1964

-- sqft lot

$-- Zestimate^®

$348/sqft

$-- HOA

What's special

Rare opportunity to acquire a fully upgraded 7-unit multifamily property ideally located adjacent to the highly desirable Arcadia and Midtown Phoenix corridors. This boutique asset offers strong rental demand, modernized interiors, and excellent income potential. All units have been renovated with updated kitchens, baths, flooring, and contemporary finishes, creating a true turnkey investment. The property benefits from proximity to Arcadia Lite dining and shopping, Midtown employment centers, transit, and major freeways. Efficient unit mix, professional maintenance, and a high-demand location make this an ideal asset for investors seeking solid ROI and long-term appreciation. Opportunities like this are limited—don't miss it.

121 days

73

0

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 7

Heating

Forced Air

Cooling

Ceiling Fan(s), Electric

Appliances

Included: Built-In Range, Disposal, Dishwasher, Refrigerator

Features

Flooring: Tile

Interior area

Total structure area: 5,600
Total interior livable area: 5,600 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 14
Parking features: 1 Space/Unit
Covered spaces: 7
Uncovered spaces: 7

Lot

Size: 10,200 Square Feet
Dimensions: 150' x 68'

Details

Parcel number: 12722033A
Zoning: R-3

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Painted, Block
Roof: Composition

Condition

Year built: 1964

Utilities & green energy

Electric: APS
Sewer: Public Sewer
Water: City Franchise

Community & HOA

Community

Features: No Pool
Subdivision: CITRUS ACRES LOTS 1 THRU 20

Location

Region: Phoenix

Financial & listing details

Price per square foot: $348/sqft
Annual tax amount: $2,056
Date on market: 2/1/2026
Cumulative days on market: 117 days
Listing terms: Conventional
Ownership: Fee Simple
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

$1,694/mo

Price history

Date	Event	Price
2/5/2026	Listed for sale	$1,950,630$348/sqft
Source: ARMLS #6980315 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified