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3016 N 37 Street, Phoenix, AZ, 85018
Phoenix Multifamily Investment Opportunity

3016 N 37 Street Phoenix, AZ 85018

For Sale
$1,995,624

MULTI_FAMILY - Phoenix, AZ

Days on Market179

Property Features for 3016 N 37 Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R-3
Bedrooms
8
Rooms
Bedroom 1, Bedroom 7, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 6, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 5, Bathroom 1, Bedroom 8, Bathroom 6, Bedroom 3, Bathroom 7
Appliances
Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave
Standard status
Active
APN
127-22-019-A

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
2210

Utilities

Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Electric, Ceiling Fan(s)

Building Details

Year built
1945
Number of units
7
Flooring type
Tile
Building materials
Painted, Block
Roof type
Composition
Listing Agency: Platinum Realty Group
Listed By: Gregory Yurkovic · License #BR579899000
Added: Jan 25 Changed: Jul 9 Last Checked: Jul 23 at 8:06PM
MLS# 6974495

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This is a seven-unit multifamily property located in East Phoenix, near 40th Street and Thomas Road, in the Citrus Acres/Arcadia-adjacent area. The property is fully occupied and situated in an up-and-coming corridor surrounded by new construction, redevelopment, restaurants, and shopping. It offers convenient access to Arcadia, Biltmore, and major freeways. The units are described as clean, well-maintained, and low-maintenance, with strong in-place income and future upside potential. The property is zoned R-3 and presents a long-term hold opportunity with value-add potential, including possible expansion or redevelopment of the lot. It is located in one of Phoenix's dynamic growth areas. This property is part of a 21-unit package.

Key Highlights

  • 7‑unit investment property with public remarks noting it is fully occupied
  • Near 40th St & Thomas Rd in the Citrus Acres / Arcadia‑adjacent area
  • Year built: 1945

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Grocery & Convenience Store (Bike/Boat/Book/etc) Store Electrical Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher Storage Facility (Bike/Boat/Book/etc) Store Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Seven-unit multifamily property in a desirable Phoenix location.
Where is this apartment building located?
The property is located at 3016 N 37 Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,995,624.
What are key features of this property?
This property features: 7‑unit investment property with public remarks noting it is fully occupied; Near 40th St & Thomas Rd in the Citrus Acres / Arcadia‑adjacent area; Year built: 1945
More about this property
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