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$1,998,000
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Property Description
Desert Jewel is an 11-unit, garden-style apartment community built in 1960 and renovated in 2017, located in the highly desirable Arcadia-Lite submarket of Phoenix. The property is individually metered for electricity and offers ample resident parking, including a covered carport. The unit mix consists of (2) 1-bed/1-bath, (2) 2-bed/1-bath, and (7) 2-bed/2-bath units averaging 823 SF. Current interior renovations feature stainless steel appliances, kitchen islands, updated light fixtures, and in-suite washer & dryer. A light value-add opportunity remains through exterior renovations. Ideally positioned just minutes from Biltmore Fashion Park, Camelback Mountain hiking trails, Biltmore Golf Club, and Downtown Phoenix. Seller recently replaced underground sewer line.
Full Property Details
Full Property Details for 2947 N 39th St
General
- Price: $1,998,000
- Taxes: $6,363 (2025)
- Status: Active
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7060274
- Updated: 7/30/2026
- Added to Site: 26 day(s) ago
Interior
- Appliances: Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave, Washer/Dryer, Washer and Dryer Hookups
- Flooring: Vinyl
Parking
- Parking Features: >1 Space Per Unit, On Street, Carport
Location
- County: Maricopa
- Township: 2N
- Subdivision: EAST CITRUS ACRES PLAT C
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Individual
- Heating Type: Individual, Central
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 2
- Exterior Const.: Painted, Stone, Block
- Roof: Composition
- Year Built: 1960
Unit Information
- Vacancy %: .07
Lot Features
- Lot Dimensions: 64.24 x 138.96 x 7.62 x 161.35 x 147.22 x 165.14 x 75.23 x 134.8
- Frontage: Concrete, Gravel
- Zoning: R-3
Financial Considerations
- Tax Amount: $6,363
- Tax Year: 2025
- Terms: Conventional
- Owner Pays: Trash Collection, Water, Sewer, Landscaping
Disclosures and Reports
- Legal Description: EAST CITRUS ACRES PLAT C LOT 155 EX S 75' OF W 135' ALSO E 163.47' OF S 12.83' & S 5.29' EX E 163.
- Property ID: 127-21-042-A
- Range: 3E
- Section: 25
- Lot Number: 155
Listed by ABI Multifamily
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Schools
Schools serving 2947 N 39th 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 | 0.6 mi |
Camelback High School 4612 North 28th Street, Phoenix, AZ 85016 | 9-12 | 2.2 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 2947 N 39th St
Date
Details
Price
Change
Source
7/30/2026
Listed
$1,998,000
151.32%
MLS
1/14/2016
Sold
$795,000
—
Public Record
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 2947 N 39th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,363
—
$47,111
-84%
2025
$6,363
5%
$287,210
8%
2023
$6,054
4%
$265,510
49%
2022
$5,816
—
$177,600
39%
2022
$5,816
-2%
$128,070
9%
2021
$5,958
2%
$118,030
19%
2020
$5,813
1%
$98,820
25%
2019
$5,772
2%
$78,810
14%
2018
$5,654
4%
$68,980
11%
2017
$5,435
4%
$62,270
16%
2016
$5,225
8%
$53,620
11%
2015
$4,860
5%
$48,360
11%
2014
$4,641
48%
$43,730
97%
2013
$3,144
—
$22,150
—
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 2947 N 39th St
2947 N 39th Street, Phoenix, AZ 85018 (MLS# 7060274) is a Multi-Family property with 11 units containing 0 bedrooms and 0 full bathrooms. 2947 N 39th Street is currently listed for $1,998,000 and was received on July 30, 2026. Want to learn more about 2947 N 39th Street? Do you have questions about finding other Multi-Family real estate for sale in Camelback East? You can browse all Camelback East real estate or contact a Coldwell Banker agent to request more information.

