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$1,995,624

  • For Sale
  • Active
  • Multi-Family
  • Updated 7 days ago
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Rare 7-Unit Investment Opportunity in Prime East Phoenix. Fully occupied and located near 40th St & Thomas Rd in the desirable Citrus Acres / Arcadia-adjacent area. This up-and-coming corridor is surrounded by new construction, redevelopment, popular restaurants, shopping, and easy access to Arcadia, Biltmore, and major freeways. The property features clean, well-maintained, low-maintenance units with strong in-place income and future upside. Excellent long-term hold with value-add potential, including possible expansion or redevelopment of the lot (buyer to verify zoning). A solid, income-producing asset in one of Phoenix's most dynamic growth areas. This listing is part of a 21-unit package.

Full Property Details for 3016 N 37th St

General

  • Price: $1,995,624
  • Taxes: $2,210 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6974495
  • Updated: 4/1/2026
  • Added to Site: 73 day(s) ago

Interior

  • Appliances: Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave
  • Flooring: Tile

Parking

  • Parking Features: Paved, >1 Space Per Unit

Location

  • County: Maricopa
  • Cross Streets: 37th street and Thomas

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Electric
  • Heating Type: Forced Air

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 1
  • Exterior Const.: Painted, Block
  • Roof: Composition
  • Year Built: 1945

Unit Information

  • Vacancy %: .03

Lot Features

  • Lot Dimensions: 195' x 67'
  • Frontage: Asphalt
  • Zoning: R-3

Financial Considerations

  • Tax Amount: $2,210
  • Tax Year: 2024
  • Terms: Conventional
  • Owner Pays: Landscaping

Disclosures and Reports

  • Multiple Parcels: Yes
  • Property ID: 127-22-019-A
  • Lot Number: 14

Listed by Platinum Realty Group

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Listing agent

— 3016 N 37th St —

  • Platinum Realty Group

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 3016 N 37th St

School Districts:Creighton Elementary District, Phoenix Union High School District
NameGradesDistance
Monte Vista Elementary School
3501 East Osborn Road, Phoenix, AZ 85018
K-80.3 mi
Camelback High School
4612 North 28th Street, Phoenix, AZ 85016
9-122 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 3016 N 37th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/25/2026
Listed
$1,995,624
77.39%
MLS
2/24/2021
Sold
$1,125,000
—
Public Record
Get Price Alerts and Save Property
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 for 3016 N 37th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,878
5%
$94,000
12%
2024
$3,704
19%
$83,980
-2%
2023
$3,108
4%
$85,470
20%
2022
$2,994
—
$71,230
26%
2022
$2,994
-5%
$56,670
8%
2021
$3,146
2%
$52,460
5%
2020
$3,097
4%
$50,100
11%
2019
$2,992
3%
$45,330
6%
2018
$2,897
5%
$42,760
2%
2017
$2,749
25%
$41,970
13%
2016
$2,204
9%
$37,100
3%
2015
$2,027
1%
$36,150
39%
2014
$2,012
9%
$26,070
26%
2013
$1,843
—
$20,650
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Platinum Realty Group

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3016 N 37 Street, Phoenix, AZ 85018 (MLS# 6974495) is a Multi-Family property with 7 units containing 0 bedrooms and 0 full bathrooms. 3016 N 37 Street is currently listed for $1,995,624 and was received on January 25, 2026. Want to learn more about 3016 N 37 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.

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