Renovated 21-Unit Apartment
For Sale
Contact for pricing
2539 N 48TH ST, Phoenix, AZ 85008
Updated residences feature quartz countertops, stainless-steel appliances, and full-size in-suite laundry in select units.
Property Size9,236 SF
Price / SF$476.40
Days on Market12
Property Features for 2539 N 48TH ST
General Information
Standard status
Active
Size
9,236 SF
Property subtype
Multifamily
Additional Details
Multifamily Units
21
Building Details
Year Built
1985
Buildings
3
Stories
2
Units
21
Listing Agency:
JLL - Phoenix, Arizona
Listed By:
Derek Smigiel · License #AZ SA640221000
Source:
Crexi
Added: Aug 11
Changed: Aug 21
Last Checked: Aug 21 at 8:24AM
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 JLL - Phoenix, Arizona
Investment Insights
Based on property information with market context.
Built in 1985, this 21-unit apartment property encompasses 9,236 square feet and has undergone extensive interior and exterior improvements. Residential upgrades include vinyl plank flooring, quartz countertops, stainless-steel appliances, white shaker cabinetry, subway tile backsplashes, updated lighting, and dual pane windows. Full-size in-suite washers and dryers are installed in select units. Exterior work includes refreshed landscaping and improvements to shared community amenities.
The property is positioned in Phoenix’s Papago submarket at 2539 N 48TH ST. Arcadia Crossing shopping center is nearby, while Scottsdale Fashion Square is less than 5 miles away. The surrounding setting provides proximity to lifestyle amenities and employment centers.
The property is positioned in Phoenix’s Papago submarket at 2539 N 48TH ST. Arcadia Crossing shopping center is nearby, while Scottsdale Fashion Square is less than 5 miles away. The surrounding setting provides proximity to lifestyle amenities and employment centers.
Key Highlights
- 21‑unit apartment property totaling 9,236 square feet
- Extensively renovated interiors with vinyl plank flooring and updated lighting
- Quartz countertops, stainless‑steel appliances, and white shaker cabinetry
Property Analytics
Property Profile
Current Use
Lease Details
21
Residential units
Location Intelligence
Trade Area within ½ mile
1,090
Businesses Nearby
Explore this area
Business Placement
Demographics for 85008, AZ
59,047
Population
24,508
Households
2.4
Avg Household Size
30
Median Age
24%
College-Educated
75%
High-School Grad
10.2 sq mi
ZIP Area
5,789
Density / Sq Mi
$61,369
Median Household Income
$36,969
Median Earnings
$1,300
Median Rent
$323,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Updated residences feature quartz countertops, stainless-steel appliances, and full-size in-suite laundry in select units.
Where is this apartment building located?
The property is located at 2539 N 48TH ST Phoenix, AZ.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: 21‑unit apartment property totaling 9,236 square feet; Extensively renovated interiors with vinyl plank flooring and updated lighting; Quartz countertops, stainless‑steel appliances, and white shaker cabinetry
