$2,970,000
Phoenix, AZ 85018
MLS# 7044366
18 beds | 18 baths
1 / 56
Property Description
Rare opportunity to acquire a 6-unit portfolio within a boutique 7-unit townhome community in a highly desirable Central Phoenix location. Built in 2016, these well-maintained 3-bedroom, 3-bathroom townhomes feature open-concept floor plans, attached two-car garages, and private outdoor living spaces. The property offers stable cash flow, low-maintenance ownership, and future flexibility through individual unit sales. Recent improvements include new roofing, exterior paint, landscaping, and other select upgrades, creating a turnkey investment opportunity with strong rental performance and minimal deferred maintenance.
Details
Contract Info
Current Price: $2,970,000
List Price: $2,970,000
Status: Active
List Date: 2026-06-19
Ownership: Fee Simple
Location, Tax & Legal
House Number: 3010
Compass: N
Street Name: 37th St
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85018
Country: US
County Code: Maricopa
Assessor Number: 127-22-178
Tax Year: 2025
General Property Description
Lot Size Dimensions: 4380
Year Built: 2017
Total # of Units: 6
# of Buildings: 2
Zoning: R3
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
Elementary School: The Creighton Academy
Jr. High School: Monte Vista Elementary School
High School: Camelback High School
3 Bedrooms Units
# 3 Bedroom Units: 6
Avg Rent: 2450
Avg SqFt: 1657
# Baths: 3
Structure
Bedrooms Total: 18
Bathrooms Total: 18
Showing Notification Methods
Showing Service: Aligned Showings
Remarks Misc
Cross Street: 37th ST & Thomas
Geo Lat: 33.482709
Geo Lon: -112.002484
Legal Info
Lot Number: 1
Income Expenses
Gross Annual Sch Inc: 117600
Net Operating Income: 89384
Property Features
Project Type: 5 - 12 Units; Other (See Remarks)
Other Type: Packaged Offering
Construction: Wood Frame
Const - Finish: Stucco
Roofing: Built-Up
Floors: Tile
Sale Includes: Building(s) Only
Community Features: No Pool
Appliances Included: Built-In Electric Oven; Built-In Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Cooling: Ceiling Fan(s); Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking Features: Attached Garage
Road Surface Type: Asphalt
Owner Pays: Landscaping; Other
Tenant Pays: Water; Sewer; Electricity; Trash Collection
Source of Fincl Data: Projected Proforma
Showing Notification Methods: Text; Phone Call
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional
Environmental: None
Listing Office: REI Marketing
Office Phone: 602-715-0232
Office Email: [email protected]
Last Updated: September - 29 - 2026
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