Renovated Garden-Style Apartment
For Sale
$1,998,000
2947 N 39th Street, Phoenix, AZ 85018
Eleven-unit community with individually metered electricity and covered resident parking.
Property SizeContact for details
Days on Market11
Property Features for 2947 N 39th Street
General Information
Standard status
Active
Property subtype
Residential Income
Units
Unit Mix
2 x 1BR/1BA, 2 x 2BR/1BA, 7 x 2BR/2BA
Multifamily Units
11
Taxes and HOA fees
Annual Taxes
$6,363
Amenities
covered carport
stainless steel appliances
kitchen islands
updated light fixtures
in-suite washer & dryer
Building Details
Year Built
1960
Year Renovated
2017
Construction
garden-style
Listing Agency:
ABI Multifamily
(602) 714-1794
Listed By:
Dallin J Hammond · License #SA677560000
(602) 714-1794
Source:
Exprealty
Added: Jul 30
Changed: Aug 2
Last Checked: Aug 8 at 8:37AM
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 ABI Multifamily
Investment Insights
Based on property information with market context.
Desert Jewel is an 11-unit garden-style apartment community built in 1960 and renovated in 2017. The unit mix includes two 1-bed/1-bath residences, two 2-bed/1-bath residences, and seven 2-bed/2-bath residences, with units averaging 823 SF. Interiors feature stainless steel appliances, kitchen islands, updated lighting, and in-suite washer and dryer combinations. Electricity is individually metered, and resident parking includes a covered carport.
The property is in Phoenix’s Arcadia-Lite submarket, near Biltmore Fashion Park, Camelback Mountain hiking trails, Biltmore Golf Club, and Downtown Phoenix. The underground sewer line was recently replaced. Exterior renovations remain as a potential improvement project.
The property is in Phoenix’s Arcadia-Lite submarket, near Biltmore Fashion Park, Camelback Mountain hiking trails, Biltmore Golf Club, and Downtown Phoenix. The underground sewer line was recently replaced. Exterior renovations remain as a potential improvement project.
Key Highlights
- 11‑unit garden‑style apartment community built in 1960 and renovated in 2017
- Unit mix includes 2 1‑bed/1‑bath, 2 2‑bed/1‑bath, and 7 2‑bed/2‑bath units
- Units average 823 SF
Property Analytics
Current Use
Lease Details
11
Residential units
Location Intelligence
Trade Area within ½ mile
1,166
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Eleven-unit community with individually metered electricity and covered resident parking.
Where is this apartment building located?
The property is located at 2947 N 39th Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,998,000.
What are key features of this property?
This property features: 11‑unit garden‑style apartment community built in 1960 and renovated in 2017; Unit mix includes 2 1‑bed/1‑bath, 2 2‑bed/1‑bath, and 7 2‑bed/2‑bath units; Units average 823 SF
