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For sale
    • $959,000

    1812 N 31ST Place, Phoenix, AZ 85008

    12beds
    6baths
    3,892sqft
    : 
    $5,775/mo
    Get pre-qualified
    Multi Family
    Built in 1972
    -- sqft lot
    $-- Zestimate®
    $246/sqft
    $-- HOA

    What's special

    Exceptional investment opportunity in the heart of Central Phoenix featuring six garden-style apartment units with an unbeatable location offering quick access to Downtown Phoenix, Arcadia, the SR-51, and Old Town Scottsdale. This well-positioned property consists of two spacious 3-bedroom/1-bath units, two 2-bedroom/1-bath units, and two studio apartments, providing a diverse unit mix ideal for attracting a wide range of tenants. Several units have been fully renovated with stylish finishes, while others have been thoughtfully updated and still offer additional value-add potential for future improvements and increased rents. Each unit offers a comfortable layout with charming garden-style appeal, creating a welcoming atmosphere for residents. Located near some of Phoenix's most Located near some of Phoenix's most popular dining, shopping, entertainment, and employment hubs, this property presents a rare opportunity for both seasoned investors and owner-users seeking strong upside potential in one of the Valley's most desirable rental corridors.
    96 days
    110
    4

    Zillow last checked:

    Listing updated:

    Listed by:

    Carrie Lehrman 480-338-9641,

    SRL Group,

    Jaclyn S Wollheim 602-692-1090,

    SRL Group

    Source: ARMLS,MLS#: 7033472MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 6
      Heating
      • Natural Gas
      Cooling
      • Electric
      Appliances
      • Included: Refrigerator
      Features
      • Flooring: Tile, Laminate
      Interior area
      • Total structure area: 3,892
      • Total interior livable area: 3,892 sqft

      Property

      Parking
      • Total spaces: 8
      • Parking features: 1 Space/Unit
      • Covered spaces: 2
      • Uncovered spaces: 6
      Details
      • Parcel number: 12020081
      • Zoning: R-3

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Painted
      • Roof: Composition
      Condition
      • Year built: 1972

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: No Pool
      Location
      • Region: Phoenix

      Financial & listing details

      • Price per square foot: $246/sqft
      • Tax assessed value: $550,500
      • Annual tax amount: $1,813
      • Date on market: 6/4/2026
      • Cumulative days on market: 88 days
      • 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
        6/4/2026Listed for sale$959,000+45.7%$246/sqft
        Source: ARMLS #7033472 Report a problem
        4/1/2021Sold$658,000+10.6%$169/sqft
        Source: Public Record Report a problem
        7/21/2020Listing removed$595,000$153/sqft
        Source: ABI Multifamily #6022498 Report a problem
        5/8/2020Price change$595,000-0.8%$153/sqft
        Source: ABI Multifamily #6022498 Report a problem
        3/16/2020Price change$600,000-2.4%$154/sqft
        Source: ABI Multifamily #6022498 Report a problem
        3/3/2020Price change$615,000-0.8%$158/sqft
        Source: ABI Multifamily #6022498 Report a problem
        2/21/2020Pending sale$620,000$159/sqft
        Source: ABI Multifamily #6022498 Report a problem
        2/12/2020Price change$620,000-0.8%$159/sqft
        Source: ABI Multifamily #6022498 Report a problem
        1/30/2020Listed for sale$625,000$161/sqft
        Source: ABI Multifamily #6022498 Report a problem
        1/23/2020Pending sale$625,000$161/sqft
        Source: ABI Multifamily #6022498 Report a problem
        1/11/2020Price change$625,000+4.3%$161/sqft
        Source: ABI Multifamily #6022498 Report a problem
        10/29/2019Price change$599,000-1.8%$154/sqft
        Source: Platinum Living Realty #5988481 Report a problem
        10/7/2019Price change$610,000-2.4%$157/sqft
        Source: Platinum Living Realty #5988481 Report a problem
        8/11/2019Price change$625,000-3.8%$161/sqft
        Source: My Home Group Real Estate #5958385 Report a problem
        7/30/2019Listed for sale$650,000+52.9%$167/sqft
        Source: My Home Group Real Estate #5958385 Report a problem
        9/21/2018Sold$425,000-5.5%$109/sqft
        Source: ARMLS #5778369 Report a problem
        8/2/2018Listed for sale$449,500$115/sqft
        Source: USELLSMART Real Estate #5778369 Report a problem
        8/2/2018Pending sale$449,500$115/sqft
        Source: USELLSMART Real Estate #5778369 Report a problem
        6/9/2018Listed for sale$449,500+210%$115/sqft
        Source: USELLSMART Real Estate #5778369 Report a problem
        10/10/2014Sold$145,000+339.4%$37/sqft
        Source: Public Record Report a problem
        3/1/2012Sold$33,000+10%$8/sqft
        Source: ARMLS #4703594 Report a problem
        1/13/2012Listed for sale$30,000-77.8%$8/sqft
        Source: Keller Williams Realty Report a problem
        7/5/2000Sold$135,000+110.9%$35/sqft
        Source: Public Record Report a problem
        11/30/1995Sold$64,000$16/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,813 +3.9%$55,050 -13.5%
        2024$1,745 +1.2%$63,610 +422.4%
        2023$1,725 +4.1%$12,177 -65.8%
        2022$1,657 +0.1%$35,610 +18.1%
        2021$1,657 +0.7%$30,160 +20.8%
        2020$1,645 +2.1%$24,970 +20%
        2019$1,611 $20,810 +8.2%
        2018$1,611 +4%$19,230 +14.7%
        2017$1,549 +11.8%$16,760 +15.9%
        2016$1,385 +9.7%$14,460 +14.9%
        2015$1,262 $12,580 +84.2%
        2013-- $6,830 +10.9%
        2012-- $6,160 -58.4%
        2010-- $14,810 -25.9%
        2009-- $20,000 -16.9%
        2008-- $24,070 +6.5%
        2007-- $22,600 +56.4%
        2006-- $14,450
        2005-- $14,450 +35.7%
        2004-- $10,650
        2003-- $10,650
        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.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: Camelback East

        Getting around

        69 / 100
        Somewhat Walkable
        42 / 100
        Some Transit
        82 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: The Creighton Academy
        • Middle: The Creighton Academy
        • High: Camelback High School
        • District: Creighton 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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