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$635,000

  • For Sale
  • Active
  • Triplex
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4118 N 3rd Ave is a 3-unit apartment community located in the Midtown Submarket of Phoenix, Arizona. Originally constructed in 1952, the property has undergone significant capital improvements over recent years, including interior updates, brand new plumbing system with 100% PEX , newer roof, water heaters, upgraded electrical, and added private fencing. The building consists of (3) one-bedroom, one-bathroom floor plans and a covered parking spot for each unit. Each unit is currently occupied at below market rents, allowing for considerable rental upside. New ownership acquire a renovated and well-performing asset with near-term upside in a highly desirable and centralized location along the Central Avenue Corridor.

Full Property Details for 4118 N 3rd Ave

General

  • Price: $635,000
  • Taxes: $1,161 (2024)
  • Status: Active
  • Type: Triplex
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6937740
  • Updated: 10/23/2025
  • Added to Site: 84 day(s) ago

Interior

  • Appliances: Disposal, Refrigerator, Free-Standing Electric Oven
  • Flooring: Ceramic Tile

Parking

  • Parking Features: Add'l Parking Avail, 1 Space/Unit, Carport

Location

  • County: Maricopa
  • Township: 2N
  • Subdivision: INDIAN PARK
  • Cross Streets: Central & Indian School

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s), Electric, Heat Pump, Individual
  • Heating Type: Heat Pump, Electric

Utilities

  • Water: Master Meter, City Franchise

Structural Information

  • # Buildings: 1
  • Exterior Const.: Painted, Block
  • Roof: Composition
  • Year Built: 1952

Lot Features

  • Lot Dimensions: 112 x 66
  • Zoning: R4

Financial Considerations

  • Tax Amount: $1,161
  • Tax Year: 2024
  • Terms: Conventional
  • Owner Pays: Trash Collection, Water, Sewer, Landscaping

Disclosures and Reports

  • Legal Description: LOT 58 INDIAN PARK MCR 003937
  • Property ID: 155-32-058
  • Range: 3E
  • Section: 20
  • Lot Number: 58

Listed by Matthews Real Estate Investment Services

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Listing agent

— 4118 N 3rd Ave —

  • Matthews Real Estate Investment Services

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4118 N 3rd Ave

School Districts:Osborn Elementary District, Phoenix Union High School District
NameGradesDistance
Longview Elementary School
1209 East Indian School Road, Phoenix, AZ 85014
PK-61.4 mi
Osborn Middle School
1102 West Highland Avenue, Phoenix, AZ 85013
7-81 mi
Central High School
4525 North Central Avenue, Phoenix, AZ 85012
9-120.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4118 N 3rd Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/23/2025
Listed
$635,000
693.75%
MLS
9/08/2009
Sold
$80,000
—
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 4118 N 3rd Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,201
3%
$57,610
6%
2024
$1,161
4%
$54,470
-8%
2023
$1,121
1%
$59,370
54%
2022
$1,115
—
$38,510
20%
2022
$1,115
-2%
$32,020
8%
2021
$1,134
3%
$29,750
21%
2020
$1,105
5%
$24,570
39%
2019
$1,057
3%
$17,650
16%
2018
$1,022
9%
$15,280
7%
2017
$938
4%
$14,270
33%
2016
$905
7%
$10,720
27%
2015
$842
—
$8,460
16%
2014
$842
22%
$7,320
53%
2013
$690
—
$4,770
—
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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NMLS#: 1598647

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Listed by Matthews Real Estate Investment Services

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4118 N 3rd Avenue, Phoenix, AZ 85013 (MLS# 6937740) is a Triplex property with 0 bedrooms and 0 full bathrooms. 4118 N 3rd Avenue is currently listed for $635,000 and was received on October 23, 2025. Want to learn more about 4118 N 3rd Avenue? Do you have questions about finding other Triplex real estate for sale in Encanto? You can browse all Encanto real estate or contact a Coldwell Banker agent to request more information.

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