Properties
Phoenix, AZ 85018 2923 N 38TH Street
$949,900
12 more
Presented By: Orion Investment Real Estate; 480-634-6934
Home Details
Each unit offers updated kitchens and bathrooms, modern finishes, newer HVAC's, a re-coated roof in 2021, and an in-suite washer and dryer. Residents enjoy a walkable neighborhood just minutes from Arcadia Lite dining, the Camelback Corridor, and major employment centers, including Phoenix Children's Hospital.
Flexible residential financing options are available for small multifamily properties.
Reach out about oportunity to acquire up to 24 units in the immediate area, offering a rare assemblage opportunity in one of Phoenix's most desirable infill neighborhoods.
Presented By: Orion Investment Real Estate; 480-634-6934
Interior Features for 2923 N 38TH Street
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringLaminate
Heating Y/NYes
General for 2923 N 38TH Street
Additional Parcels Y/NNo
Attached Garage No
Cap Rate5.87
Carport Y/NNo
CityPhoenix
Community FeaturesSee Remarks
Construction MaterialsPainted, Block
CoolingCentral Air, Ceiling Fan(s)
CountyMaricopa
DisclosuresNone
ElectricAPS
Electric Expense825.38
Elementary School DistrictCreighton Elementary District
Fuel Expense318.15
Garage Y/NNo
Gross Income75114.83
HeatingForced Air
High School DistrictPhoenix Union High School District
Insurance Expense1876.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
MaintenanceExpense5119.14
MobileHomeRemainsYNNo
Net Operating Income55737.57
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
New Financing: FHATrue
New Financing: VATrue
Number Of Units Total4
Open Parking Spaces0.0
Operating Expense19759.58
OwnerPaysGas, Trash Collection, Water, Sewer, Landscaping
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofComposition
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameCITRUS ACRES LOTS 1 THRU 20
Tax Annual Amount1654.0
Tax Lot83
Tax Year2025
Township2N
Trash Expense2006.99
Water Sewer Expense2224.02
Year Built1964
ZoningR-4
Exterior for 2923 N 38TH Street
Covered Spaces4.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot DimensionsUnknown
Number of Buildings1
Parking FeaturesOff Street, Paved, Free, 1 Space/Unit
Road Surface TypeAsphalt
SpaNo
Total Parking4.0
Water SourceCity Franchise
Additional Details
Price History
