4118 North 3rd Avenue Phoenix, AZ 85013

Building Details

Year Built

1952

Listing agency Matthews Real Estate Investment Services b***@matthews.com Show Phone

Listed by Bradley Skenderian · License #SA692958000 Show Phone

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Added: Jun 25, 2025 Updated: Jul 20 at 4:34PM Checked: Jul 21 at 6:59AM

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Investment Insights

Based on property information with market context.

4118 N 3rd Ave is a three-unit apartment building featuring three one-bedroom, one-bathroom floor plans. The property was originally constructed in 1952 and has undergone significant capital improvements in recent years, including interior updates, a brand new plumbing system with 100% PEX, a newer roof, water heaters, upgraded electrical, and added private fencing. Each unit is provided with a covered parking spot.

The property is located in the Midtown submarket of Phoenix, Arizona, positioned along the Central Avenue Corridor.

All three units are currently occupied and are described as being at below-market rents, creating potential for rental growth under new ownership.

Key Highlights

• 3‑unit apartment community built in 1952 in Phoenix’s Midtown Submarket
• Each unit is a 1‑bedroom, 1‑bath with covered parking space
• Capital improvements include brand new 100% PEX plumbing and updated water heaters

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FAQs

What type of property is this?

Triplex - Three one-bedroom units each include a covered parking space, with recent plumbing, roof, and electrical upgrades.

Where is this triplex located?

The property is located at 4118 North 3rd Avenue Phoenix, AZ.

What is the asking price?

The asking price for this property is $635,000.

What are key features of this property?

This property features: 3‑unit apartment community built in 1952 in Phoenix’s Midtown Submarket; Each unit is a 1‑bedroom, 1‑bath with covered parking space; Capital improvements include brand new 100% PEX plumbing and updated water heaters