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$725,000
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Property Description
** Opportunity Zone Investment Opportunity ** Fully Renovated Triplex This newly renovated 3 unit property consists of a single-family home and a duplex, situated in a high demand rental corridor with strong workforce housing demand!! The property has been extensively upgraded with new flooring, dual pane windows, cabinets, quartz countertops, interior and exterior doors, fresh interior and exterior paint, updated landscaping, stainless steel appliances, lighting and fixtures, and two new water heaters. The roof and HVAC systems are in excellent condition, helping minimize near term capital expenses. Each unit is individually metered for electricity, simplifying utility management and maximizing cash flow. Conveniently located within walking distance to the light rail, shopping, supermarkets, and restaurants, making this a perfect rental location that will be consistently occupied.
Full Property Details
Full Property Details for 5038 N 18th Ave
General
- Price: $725,000
- Taxes: $1,615 (2025)
- Status: Active
- Type: Triplex
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6990428
- Updated: 4/4/2026
- Added to Site: 26 day(s) ago
Interior
- Appliances: Disposal, Dishwasher, Built-In Gas Oven, Built-In Electric Oven, Microwave, Washer and Dryer Hookups
- Flooring: Vinyl
Additional Information
- Security/Safety: Security Light(s)
Exterior
- Exterior Features: Sidewalk(s)
Parking
- Parking Features: Off Street, Assigned, Add'l Parking Avail, >1 Space Per Unit
Location
- County: Maricopa
- Township: 2N
- Subdivision: NILE TRACT BLOCK 1
- Cross Streets: Camelback & 19th Avenue
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Forced Air, Heat Pump, Electric
Utilities
- Water: Master Meter, City Franchise
Structural Information
- # Buildings: 2
- Exterior Const.: Wood Frame, Painted, Brick
- Roof: Composition
- Year Built: 1984
Lot Features
- Lot Dimensions: 137.42 x 60
- Frontage: Concrete
- Zoning: R-3
Financial Considerations
- Tax Amount: $1,615
- Tax Year: 2025
- Terms: CTL, Conventional, 1031 Exchange
- Owner Pays: Trash Collection, Water, Sewer
Disclosures and Reports
- Legal Description: NILE TR LOTS 12 & 13 N 60' OF S 120' OF N 300' OF FOL DESC BEG ON S LI LOT 12 AT PT 80' E OF SW
- Property ID: 156-37-054
- Range: 3E
- Section: 18
- Lot Number: 12
Listed by My Home Group Real Estate
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Schools
Schools serving 5038 N 18th Ave
School Districts:Osborn Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Solano School 1526 West Missouri Avenue, Phoenix, AZ 85015 | K-6 | 0.6 mi |
Osborn Middle School 1102 West Highland Avenue, Phoenix, AZ 85013 | 7-8 | 0.6 mi |
Central High School 4525 North Central Avenue, Phoenix, AZ 85012 | 9-12 | 1.5 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 5038 N 18th Ave
Date
Details
Price
Change
Source
3/11/2026
Listed
$725,000
63.84%
MLS
11/07/2025
Sold
$442,500
—
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 5038 N 18th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,615
3%
$55,900
7%
2024
$1,561
4%
$52,450
-9%
2023
$1,508
1%
$57,360
34%
2022
$1,500
—
$42,870
43%
2022
$1,500
-2%
$30,050
15%
2021
$1,525
3%
$26,100
18%
2020
$1,486
5%
$22,070
15%
2019
$1,422
3%
$19,110
16%
2018
$1,375
9%
$16,430
22%
2017
$1,262
4%
$13,460
14%
2016
$1,218
8%
$11,780
14%
2015
$1,132
-1%
$10,310
2%
2014
$1,142
40%
$10,100
60%
2013
$815
—
$6,330
—
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 5038 N 18th Ave
5038 N 18th Avenue, Phoenix, AZ 85015 (MLS# 6990428) is a Triplex property with 0 bedrooms and 0 full bathrooms. 5038 N 18th Avenue is currently listed for $725,000 and was received on March 11, 2026. Want to learn more about 5038 N 18th Avenue? Do you have questions about finding other Triplex real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

