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For sale
    • Price cut: $500 (6/15)
    $766,500

    1318 E CULVER Street, Phoenix, AZ 85006

    8beds
    4baths
    2,484sqft
    : 
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    Multi Family
    Built in 1985
    -- sqft lot
    $-- Zestimate®
    $309/sqft
    $-- HOA

    What's special

    Three renovated units
    *MOTIVATED SELLER* ALL 2 Bedrooms presenting a compelling value-add investment opportunity in a strong Phoenix rental submarket. The property features a mix of Three renovated units setting a clear path for addition value creation. The Proforma is off of conservative market rent of $1200 per unit. Actual Rents are $1173, $1071, $895. The roof is +/-5 years old, and three AC units are +/- 3 years old. Central Phoenix, Location and close proximity to employment centers, Downtown Phoenix and Freeways. This asset is well-positioned for cash flow and appreciation for many years to come. All facts and figures are approximate, Buyer to verify to their own satisfaction. flow and long-term appreciation. All facts and figures are approximate, Buyer to verify to their own satisfaction.
    169 days
    |
    68
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Eric P Hegarty 480-329-6083,

    Levrose Real Estate

    Source: ARMLS,MLS#: 6974630MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      Heating
      • Heat Pump, Electric
      Cooling
      • Electric, Heat Pump, Individual
      Appliances
      • Included: Refrigerator, Free-Standing Electric Oven
      Features
      • Flooring: Tile, Laminate, Carpet, Vinyl
      Interior area
      • Total structure area: 2,484
      • Total interior livable area: 2,484 sqft

      Property

      Parking
      • Total spaces: 8
      • Parking features: <1 Space Per Unit
      • Uncovered spaces: 8
      Lot
      • Size: 7,350 Square Feet
      • Dimensions: 49 x 150
      Details
      • Parcel number: 11622140
      • Zoning: R-3

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Stucco
      • Roof: Composition
      Condition
      • Year built: 1985

      Utilities & green energy

      • Electric: APS
      • Sewer: Public Sewer
      • Water: City Franchise

      Community & HOA

      Community
      • Features: See Remarks
      • Subdivision: BURROUGHS
      Location
      • Region: Phoenix

      Financial & listing details

      • Price per square foot: $309/sqft
      • Tax assessed value: $646,500
      • Annual tax amount: $1,724
      • Date on market: 1/26/2026
      • Cumulative days on market: 169 days
      • Listing terms: Conventional
      • Ownership: Fee Simple
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/15/2026Price change$766,500-0.1%$309/sqft
        Source: ARMLS #6974630 Report a problem
        6/8/2026Price change$767,000-0.1%$309/sqft
        Source: ARMLS #6974630 Report a problem
        6/1/2026Price change$767,500-0.1%$309/sqft
        Source: ARMLS #6974630 Report a problem
        5/26/2026Price change$768,000-0.1%$309/sqft
        Source: ARMLS #6974630 Report a problem
        5/18/2026Price change$768,500-0.1%$309/sqft
        Source: ARMLS #6974630 Report a problem
        5/11/2026Price change$769,000-0.1%$310/sqft
        Source: ARMLS #6974630 Report a problem
        5/4/2026Price change$769,500-0.1%$310/sqft
        Source: ARMLS #6974630 Report a problem
        4/27/2026Price change$770,000-0.1%$310/sqft
        Source: ARMLS #6974630 Report a problem
        4/20/2026Price change$770,500-0.1%$310/sqft
        Source: ARMLS #6974630 Report a problem
        4/13/2026Price change$771,000-0.1%$310/sqft
        Source: ARMLS #6974630 Report a problem
        4/6/2026Price change$771,500-0.1%$311/sqft
        Source: ARMLS #6974630 Report a problem
        3/30/2026Price change$772,000-0.1%$311/sqft
        Source: ARMLS #6974630 Report a problem
        3/23/2026Price change$772,500-0.1%$311/sqft
        Source: ARMLS #6974630 Report a problem
        3/19/2026Price change$773,000-0.1%$311/sqft
        Source: ARMLS #6974630 Report a problem
        3/9/2026Price change$773,500-0.1%$311/sqft
        Source: ARMLS #6974630 Report a problem
        3/2/2026Price change$774,000-0.1%$312/sqft
        Source: ARMLS #6974630 Report a problem
        2/23/2026Price change$774,500-0.1%$312/sqft
        Source: ARMLS #6974630 Report a problem
        2/2/2026Price change$775,000-2.5%$312/sqft
        Source: ARMLS #6974630 Report a problem
        1/26/2026Listed for sale$795,000+13.7%$320/sqft
        Source: ARMLS #6974630 Report a problem
        1/23/2024Listing removed$699,000$281/sqft
        Source: ARMLS #6425024 Report a problem
        11/1/2022Listing removed$699,000$281/sqft
        Source: ARMLS #6425024 Report a problem
        9/29/2022Price change$699,000-3.6%$281/sqft
        Source: ARMLS #6425024 Report a problem
        9/1/2022Price change$725,000-3.3%$292/sqft
        Source: ARMLS #6425024 Report a problem
        6/30/2022Listed for sale$749,900+150%$302/sqft
        Source: ARMLS #6425024 Report a problem
        9/15/2005Sold$300,000+160.9%$121/sqft
        Source: ARMLS #2336246 Report a problem
        8/26/2004Sold$115,000+53.3%$46/sqft
        Source: Public Record Report a problem
        4/8/1994Sold$75,000$30/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,724 +6.2%$64,650 -2.3%
        2024$1,623 +1%$66,150 +500.8%
        2023$1,608 +3.7%$11,011 -66.2%
        2022$1,550 -0.4%$32,620 +20.3%
        2021$1,557 +0.2%$27,120 +6.8%
        2020$1,554 +1.7%$25,400 +33.9%
        2019$1,528 $18,970 +37.3%
        2018$1,528 +2.4%$13,820 -0.7%
        2017$1,492 +11.3%$13,920 +20.2%
        2016$1,341 +1.4%$11,580 +5.5%
        2015$1,323 $10,980 +18.3%
        2014-- $9,280 +45.7%
        2013-- $6,370 -15.1%
        2012-- $7,500 +37.4%
        2011-- $5,460 -57.9%
        2010-- $12,980 -40.7%
        2009-- $21,900 -0.1%
        2008-- $21,920 +15.4%
        2007-- $19,000 +42.9%
        2006-- $13,300
        2005-- $13,300 +35.7%
        2004-- $9,800
        2003-- $9,800 +22.5%
        2002-- $8,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Central City

        Getting around

        70 / 100
        Somewhat Walkable
        48 / 100
        Some Transit
        72 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Phoenix Elementary District

        Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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