Renovated Apartment
For Sale
Contact for pricing
Pending
3426 N 38th St, Phoenix, AZ 85018
12-unit block apartment community with individually metered electricity and in-unit washer/dryer in recently renovated units.
Property SizeContact for details
Days on Market134
Property Features for 3426 N 38th St
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Highway Access
Yes
Multifamily Units
12
Building Details
Year Built
1960
Construction
block construction
Tenancy
Multi
Listing Agency:
CBRE - Phoenix
(602) 435-3636
Listed By:
Brian Tranetzki · License #BR581404000
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 21 at 6:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Phoenix
Investment Insights
Based on property information with market context.
Sandstone Apartments is a 12-unit apartment building constructed in 1960 with block construction and pitched roofs. The property features individually metered electricity and individual HVAC units and water heaters. Unit mix consists of one-bedroom one-bath and two-bedroom one-bath apartments.
A complete renovation has been completed in 11 of the 12 units. Updates include new kitchens with stainless steel appliances, microwave hoods, white granite countertops, and custom shaker cabinetry, along with new tiled tub surrounds, new bathroom vanities, fresh paint, and in-suite washer and dryers.
The property is individually parceled. It is described as being located in South Arcadia, with development underway nearby including townhomes across the street and additional residential projects along 38th Street, and it is positioned between Interstate 51 and the Loop 202 (South Mountain Freeway) for access to Phoenix, Tempe, and Mesa.
A complete renovation has been completed in 11 of the 12 units. Updates include new kitchens with stainless steel appliances, microwave hoods, white granite countertops, and custom shaker cabinetry, along with new tiled tub surrounds, new bathroom vanities, fresh paint, and in-suite washer and dryers.
The property is individually parceled. It is described as being located in South Arcadia, with development underway nearby including townhomes across the street and additional residential projects along 38th Street, and it is positioned between Interstate 51 and the Loop 202 (South Mountain Freeway) for access to Phoenix, Tempe, and Mesa.
Key Highlights
- Sandstone Apartments is a 12‑unit block apartment community built in 1960 with pitched roofs
- Renovation completed in 11 of 12 units with new kitchens, stainless steel appliances, granite countertops, and custom shaker cabinetry
- In‑suite washer and dryers plus individually metered electricity and individual HVAC units and water heaters
Property Analytics
Current Use
Lease Details
12
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
996
Businesses Nearby
Explore this area
Business Placement
Demographics for 85018, AZ
37,944
Population
19,487
Households
1.9
Avg Household Size
40
Median Age
57%
College-Educated
92%
High-School Grad
15.1 sq mi
ZIP Area
2,513
Density / Sq Mi
$87,637
Median Household Income
$58,555
Median Earnings
$1,411
Median Rent
$805,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - 12-unit block apartment community with individually metered electricity and in-unit washer/dryer in recently renovated units.
Where is this apartment building located?
The property is located at 3426 N 38th St Phoenix, AZ.
What are key features of this property?
This property features: Sandstone Apartments is a 12‑unit block apartment community built in 1960 with pitched roofs; Renovation completed in 11 of 12 units with new kitchens, stainless steel appliances, granite countertops, and custom shaker cabinetry; In‑suite washer and dryers plus individually metered electricity and individual HVAC units and water heaters
