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7-Unit Apartment Building
For Sale
$1,995,624

3016 N 37 Street, Phoenix, AZ 85018

MULTI_FAMILY - Phoenix, AZ

Property SizeContact for details
Days on Market208

Property Features for 3016 N 37 Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-3
Bedrooms 8
Full bathrooms 7
Rooms Bathroom 4, Bedroom 6, Bedroom 5, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 5, Bathroom 6, Bathroom 1, Bedroom 8, Bathroom 7, Bedroom 7
Appliances Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave
Directions North from Thomas on 37th street to property
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: Aug 2 Last Checked: Aug 21 at 11:06PM
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 7-unit apartment building is offered with the property described as fully occupied. The units include tile flooring, forced-air heating, and electric cooling with ceiling fans. Appliances listed for the units include disposal, dishwasher, refrigerator, built-in electric oven, and microwave. The building is constructed with painted block and features a composition roof, with year built reported as 1945.

The property is located near 40th St & Thomas Rd in Phoenix, Arizona, in an East Phoenix area noted as Citrus Acres / Arcadia-adjacent. Public remarks describe surrounding new construction and redevelopment, plus access to Arcadia, Biltmore, and major freeways. Sewer service is listed as public sewer.

For buyers evaluating multi-unit residential income properties, this offering is also described as part of a 21-unit package.

Key Highlights

  • 7‑unit apartment building described as fully occupied
  • Zoned R‑3
  • Year built: 1945

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

7
Residential units
100%
Occupancy
Yes
Highway access

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - R-3 zoned, fully occupied 7-unit apartment building with forced-air heating and electric cooling.
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 apartment building described as fully occupied; Zoned R‑3; Year built: 1945
More about this property
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