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Fully Occupied 7-Unit Apartment

3016 North 37th Street Phoenix, AZ 85018

3016 North 37th Street, Phoenix, AZ, 85018
$1,995,624
For Sale
$1,995,624

Fully occupied 7-unit apartment building with clean, well-maintained, low-maintenance units near 40th St and Thomas Rd.

Days on Market203

Property Features for 3016 North 37th Street

General Information

Standard status
Active
Property subtype
Multiple Dwellings

Building Details

Year Built
1945
Listing agency Platinum Realty Group
Listed by Gregory Yurkovic · License #BR579899000
Source Compass
Added: Jan 1 Updated: Jul 22 at 10:11PM Checked: Jul 22 at 10:11PM

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 Platinum Realty Group


Investment Insights

Based on property information with market context.

This listing at 3016 North 37th Street, Phoenix, AZ 85018 offers a fully occupied 7-unit apartment building. The units are described as clean, well-maintained, and low-maintenance, providing an income-producing configuration for an investor looking for steady current performance.

The property is located near 40th St & Thomas Rd in the Citrus Acres / Arcadia-adjacent area. The surrounding corridor is described as a growth area with nearby new construction, redevelopment activity, popular restaurants and shopping, and easy access to Arcadia, Biltmore, and major freeways.

The listing also notes potential for value-add through expansion or redevelopment of the lot, with the important reminder that any zoning and feasibility should be verified by the buyer. This opportunity is part of a broader 21-unit package.

Key Highlights

  • Fully occupied 7‑unit apartment building with 1 building on a painted block construction
  • Near 40th St & Thomas Rd in the Citrus Acres / Arcadia‑adjacent area
  • All units have cooling with ceiling fans and electric cooling

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

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

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Fully occupied 7-unit apartment building with clean, well-maintained, low-maintenance units near 40th St and Thomas Rd.
Where is this apartment building located?
The property is located at 3016 North 37th 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: Fully occupied 7‑unit apartment building with 1 building on a painted block construction; Near 40th St & Thomas Rd in the Citrus Acres / Arcadia‑adjacent area; All units have cooling with ceiling fans and electric cooling
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