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$860,000
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Property Description
2923 N 38th St is a fully renovated fourplex in Phoenix's highly desirable 85018 zip code near Arcadia Lite and the Camelback Corridor. This turnkey multifamily investment features updated units with modern kitchens, upgraded bathrooms, new flooring, and in-unit washer and dryer. Stabilized with strong rental income and long-term tenants, the property offers immediate cash flow. Ideal for investors or owner-occupants, this 4-unit property qualifies for residential financing. Located near top dining, shopping, and major employers including Phoenix Children's Hospital and Banner - University Medical Center Phoenix. Rare opportunity in a high-demand Phoenix rental market.
Full Property Details
Full Property Details for 2919 N 38th St
General
- Price: $860,000
- HOA FEE: $1,035
- Taxes: $1,688 (2025)
- Status: Active
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7020560
- Updated: 8/25/2026
- Added to Site: 118 day(s) ago
Interior
- Appliances: Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Built-In Electric Oven, Microwave, Washer/Dryer, Washer and Dryer Hookups
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 6
Parking
- Parking Features: <1 Space Per Unit
Location
- County: Maricopa
- Township: 2N
- Subdivision: CITRUS ACRES LOTS 1 THRU 20
- Cross Streets: 38th St & Thomas
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Forced Air
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 1
- Exterior Const.: Painted, Block
- Roof: Rolled/Hot Mop
- Year Built: 1964
Unit Information
- Vacancy %: .05
Lot Features
- Lot Dimensions: 139 x 57.95
- Frontage: Concrete
- Zoning: R-4
Financial Considerations
- Maint. Fee/Month: $1,035
- Tax Amount: $1,688
- Tax Year: 2025
- Terms: No Carry, CTL, Conventional, 1031 Exchange, FHA, VA Loan, Wraparound
- Owner Pays: Gas, Trash Collection, Water, Sewer, Landscaping
Disclosures and Reports
- Legal Description: CITRUS ACRES LOT 83 W 58'
- Property ID: 127-21-009-A
- Range: 3E
- Section: 25
- Lot Number: 83
Listed by Orion Investment Real Estate
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Schools
Schools serving 2919 N 38th St
School Districts:Creighton Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Monte Vista Elementary School 3501 East Osborn Road, Phoenix, AZ 85018 | K-8 | 0.5 mi |
Camelback High School 4612 North 28th Street, Phoenix, AZ 85016 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2919 N 38th St
Date
Details
Price
Change
Source
8/07/2026
Price Reduced
$860,000
-0.58%
MLS
7/01/2026
Price Reduced
$865,000
-0.57%
MLS
6/22/2026
Price Reduced
$869,999
-0.57%
MLS
4/28/2026
Listed
$875,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2919 N 38th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,688
—
$12,494
-84%
2025
$1,688
5%
$79,830
-2%
2023
$1,606
4%
$81,250
42%
2022
$1,543
—
$57,170
36%
2022
$1,543
-2%
$41,930
11%
2021
$1,580
2%
$37,860
20%
2020
$1,542
1%
$31,570
24%
2019
$1,531
2%
$25,500
14%
2018
$1,499
4%
$22,310
5%
2017
$1,441
4%
$21,180
21%
2016
$1,386
8%
$17,500
13%
2015
$1,289
-1%
$15,480
18%
2014
$1,296
70%
$13,110
144%
2013
$762
—
$5,370
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2919 N 38th St
2919 N 38th Street, Phoenix, AZ 85018 (MLS# 7020560) is a Multi-Family property with 4 units containing 6 bedrooms and 0 full bathrooms. 2919 N 38th Street is currently listed for $860,000 and was received on April 28, 2026. Want to learn more about 2919 N 38th Street? Do you have questions about finding other Multi-Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

