For sale

$1,995,624

3016 N 37 Street, Phoenix, AZ 85018

8beds

7baths

3,450sqft

Est.: Get pre-qualified

Multi Family

Built in 1945

-- sqft lot

$-- Zestimate^®

$578/sqft

$-- HOA

What's special

Clean well-maintained low-maintenance units

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.

125 days

53

4

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 7

Heating

Forced Air

Cooling

Ceiling Fan(s), Electric

Appliances

Included: Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave

Features

Flooring: Tile

Interior area

Total structure area: 3,450
Total interior livable area: 3,450 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 14
Parking features: Paved, >1 Space Per Unit
Covered spaces: 7
Uncovered spaces: 7

Lot

Size: 0.3 Acres
Dimensions: 195' x 67'

Details

Parcel number: 12722019A
Zoning: R-3

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Painted, Block
Roof: Composition

Condition

Year built: 1945

Utilities & green energy

Electric: APS
Sewer: Public Sewer
Water: City Franchise

Community & HOA

Community

Features: See Remarks

Location

Region: Phoenix

Financial & listing details

Price per square foot: $578/sqft
Tax assessed value: $873,200
Annual tax amount: $2,210
Date on market: 1/25/2026
Cumulative days on market: 126 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

$1,570/mo

Price history

Date	Event	Price
1/26/2026	Listed for sale	$1,995,624+77.4%$578/sqft
Source: ARMLS #6974495 Report a problem
2/26/2021	Sold	$1,125,000-6.3%$326/sqft
Source: Public Record Report a problem
12/2/2020	Listed for sale	$1,200,000+2439.7%$348/sqft
Source: ABI Multifamily #6166691 Report a problem
10/13/2020	Sold	$47,250-92.1%$14/sqft
Source: Public Record Report a problem
1/21/2019	Sold	$600,000-9.8%$174/sqft
Source: ARMLS #5851074 Report a problem
1/3/2019	Listed for sale	$665,000$193/sqft
Source: ABI Multifamily #5851074 Report a problem
12/29/2018	Pending sale	$665,000$193/sqft
Source: ABI Multifamily #5851074 Report a problem
11/27/2018	Listed for sale	$665,000+146.3%$193/sqft
Source: ABI Multifamily #5851074 Report a problem
2/17/2016	Sold	$270,000-9.8%$78/sqft
Source: ARMLS #5307634 Report a problem
9/24/2015	Price change	$299,500-4.9%$87/sqft
Source: Arizona Elite Properties #5307634 Report a problem
8/15/2015	Price change	$315,000-3.1%$91/sqft
Source: Arizona Elite Properties #5307634 Report a problem
7/15/2015	Listed for sale	$325,000+38.3%$94/sqft
Source: Arizona Elite Properties #5307634 Report a problem
8/2/2013	Sold	$235,000-9.6%$68/sqft
Source: Public Record Report a problem
5/17/2013	Listed for sale	$260,000+73.3%$75/sqft
Source: RE/MAX Alliance Group #4937733 Report a problem
4/16/2012	Sold	$150,000-3.2%$43/sqft
Source: Public Record Report a problem
1/8/2012	Price change	$155,000+3.3%$45/sqft
Source: Adam Kipnes Report a problem
12/20/2011	Listed for sale	$150,000+26.1%$43/sqft
Source: Adam Kipnes Report a problem
7/24/2011	Listing removed	$119,000$34/sqft
Source: HomeSmart #4606391 Report a problem
6/27/2011	Listed for sale	$119,000+17.8%$34/sqft
Source: HomeSmart #4606391 Report a problem
4/10/2011	Listing removed	$399
Source: Metropolitan Real Estate Report a problem
2/26/2011	Listed for rent	$399
Source: Metropolitan Real Estate Report a problem
11/29/2010	Sold	$101,000-71.1%$29/sqft
Source: Public Record Report a problem
10/18/2006	Sold	$349,000+50.4%$101/sqft
Source: Public Record Report a problem
10/17/2005	Sold	$232,000$67/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,210 +3.9%	$87,320 -12.1%
2024	$2,127 +1.2%	$99,320 +569.2%
2023	$2,103 +4.1%	$14,842 -68.2%
2022	$2,020 +0.1%	$46,680 +9%
2021	$2,019 +0.7%	$42,820 +20.1%
2020	$2,005 +2.1%	$35,660 +21.6%
2019	$1,964	$29,330 +11.7%
2018	$1,964 +4%	$26,250 +19.9%
2017	$1,888 +11.8%	$21,900 +23.2%
2016	$1,688 +9.8%	$17,780 +17.5%
2015	$1,537	$15,130 +12.4%
2014	--	$13,460 +30.4%
2012	--	$10,320 -64.9%
2011	--	$29,423 -14.8%
2010	--	$34,543 +2.8%
2009	--	$33,593 +4.9%
2008	--	$32,032 +32.6%
2007	--	$24,158 +40.5%
2006	--	$17,198
2005	--	$17,198 +19%
2004	--	$14,447
2003	--	$14,447 +1.8%
2002	--	$14,191

Find assessor info on the county website

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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.

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