5038 N 18TH Avenue, Phoenix, AZ 85015
5038 N 18TH Avenue, Phoenix, AZ 85015
5038 N 18TH Avenue, Phoenix, AZ 85015
5038 N 18TH Avenue, Phoenix, AZ 85015
5038 N 18TH Avenue, Phoenix, AZ 85015
5038 N 18TH Avenue, Phoenix, AZ 85015
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$ 535,000
Est. payment | /mo

9 Beds


$ 535,000
Est. payment | /mo

9 Beds

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Nile Tract Block 1

MLS Listing ID 7090472

Bedrooms 9

Maintenance Fees $1,200

Year Built 1984

Annual Tax Amount $1,615

Tax Year 2025

Lot Dimensions irr

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

New price $535,000! Main house plus duplex with 3 residential units configured as 9 furnished rentable rooms in central Phoenix. Approximately 2,276 SF, with 3 bedrooms and 1 bath in each unit per prior records. Seller reports six occupied bedrooms as of November 3; the front house remains vacant. Seller reports more than $120,000 in prior improvements, including kitchens, baths, flooring, windows and site work. Separate entrances, coded access and full-size laundry. Approximately 0.2 miles from 19th Avenue/Camelback light rail. Offered as-is. Seller previously reported missing front-house HVAC; installation has not been confirmed and no pre-closing installation is represented. Buyer to verify current condition, occupancy, rents, expenses, legal unit/room configuration, zoning, permits Three-unit investment offered at $570,000 near Valley Metro Rail at 19th Avenue and Camelback. A main house and duplex total approximately 2,276 SF, configured as three 3BR/1BA units with nine furnished rentable rooms for PadSplit-style operations. Seller reports more than $120,000 in prior improvements, including kitchens, baths, flooring, windows, plumbing, electrical and lighting. Features include separate entrances, coded access and full-size laundry. Seller's October 7 rent report lists five occupied rooms at $805 per month each, totaling $4,025 in scheduled monthly rent; current occupancy and collections require verification. Seller reports missing front-house HVAC; installation has not been confirmed. Property and furnishings convey as-is. Buyer to verify all facts, income, expenses, condition, legal unit/room configuration, permits, zoning and PadSplit requirements. See supplements for additional information.

Location

State AZ

County Maricopa

Community Nile Tract Block 1

Area Maricopa

Zoning [R-3] Multiple

Direction From Camelback Rd, travel north on 19th Ave, east on Colter St, then south on 18th Ave to the property.

Interior

Heating Forced Air, Varies by Unit, Heat Pump, Electric, Natural Gas

Cooling Ceiling Fan(s), See Remarks, Electric, Heat Pump, Varies by Unit

Flooring Vinyl

Appliance Dishwasher, Refrigerator, Free-Standing Gas Oven, Free-Standing Electric Oven, Built-In Gas Oven, Microwave, Washer/Dryer

Exterior

Parking Features Off Street, Free, Add'l Parking Avail, >1 Space Per Unit, On Street

Community Features No Pool

Roof Type Composition

Private Pool No

Building

Sewer Public Sewer

Water Master Meter, City Franchise

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 156-37-054

Ownership Fee Simple

Acceptable Financing Cash, No Carry, Conventional

Disclosures Seller Prop Disc Stm, APOD/Backup Avaible, Sch of Personal Prop

Listing Terms Cash, No Carry, Conventional

Virtual Tour https://tours.arizonarealtours.com/2398212?idx=1

Arizona Regional MLS (ARMLS)
Listed by Gerchick Real Estate • Linda S Gerchick
Nearby Locations

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5038 N 18TH Avenue