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9-Unit Apartment Community
For Sale
Contact for pricing
Pending

3629 E Verde Ln, Phoenix, AZ 85018

Three single-story buildings offer covered parking, private patios, and individually metered units.

Property SizeContact for details
Days on Market147

Property Features for 3629 E Verde Ln

General Information

Standard status Pending
Elevators No
Property subtype Multifamily

Units

Unit Mix 9 x 2BR
Multifamily Units 9

Amenities

covered parking
private patios

Building Details

Buildings 3
Stories 1
Construction block with wood frame
Listing Agency: Lee & Associates - Arizona
Listed By: Todd Braun · License #AZ SA029726000
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Sep 1 at 12:24AM

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 Lee & Associates - Arizona

Investment Insights

Based on property information with market context.

This apartment community comprises nine units across three adjacent triplex buildings. The single-story structures use block and wood-frame construction, with covered parking and private patios serving the units. Most interiors retain their original character, while one unit has been renovated and another is undergoing remodeling.

Located at 3629 E Verde Ln in Phoenix, the property is near the Camelback Corridor, Scottsdale, Phoenix Sky Harbor Airport, the Biltmore, and the Arcadia residential area. The surrounding South Biltmore and Arcadia Lite neighborhoods include ongoing and recently completed residential and commercial development.

Key Highlights

  • Nine units arranged across three adjacent triplex buildings
  • Covered parking and private patios
  • Single‑story block and wood‑frame construction

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Grocery & Convenience Store Dental Office (Bike/Boat/Book/etc) Store Electrical Service Kitchen & Bath Showroom Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units

Location Intelligence

Trade Area within ½ mile

897
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Three single-story buildings offer covered parking, private patios, and individually metered units.
Where is this apartment building located?
The property is located at 3629 E Verde Ln Phoenix, AZ.
What are key features of this property?
This property features: Nine units arranged across three adjacent triplex buildings; Covered parking and private patios; Single‑story block and wood‑frame construction
More about this property
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