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.
For sale
$959,000
1812 N 31ST Place, Phoenix, AZ 85008
12beds
6baths
3,892sqft
Multi Family
Built in 1972
-- sqft lot
$-- Zestimate®
$246/sqft
$-- HOA
What's special
- 46 days |
- 93 |
- 5 |
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#: 7033472
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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
- 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
| Date | Event | Price |
|---|---|---|
| 6/4/2026 | Listed for sale | $959,000+45.7%$246/sqft |
Source:  ARMLS #7033472 Report a problem | ||
| 4/1/2021 | Sold | $658,000+10.6%$169/sqft |
Source: Public Record Report a problem | ||
| 7/21/2020 | Listing removed | $595,000$153/sqft |
Source: ABI Multifamily #6022498 Report a problem | ||
| 5/8/2020 | Price change | $595,000-0.8%$153/sqft |
Source: ABI Multifamily #6022498 Report a problem | ||
| 3/16/2020 | Price change | $600,000-2.4%$154/sqft |
Source: ABI Multifamily #6022498 Report a problem | ||
| 3/3/2020 | Price change | $615,000-0.8%$158/sqft |
Source: ABI Multifamily #6022498 Report a problem | ||
| 2/21/2020 | Pending sale | $620,000$159/sqft |
Source: ABI Multifamily #6022498 Report a problem | ||
| 2/12/2020 | Price change | $620,000-0.8%$159/sqft |
Source: ABI Multifamily #6022498 Report a problem | ||
| 1/30/2020 | Listed for sale | $625,000$161/sqft |
Source: ABI Multifamily #6022498 Report a problem | ||
| 1/23/2020 | Pending sale | $625,000$161/sqft |
Source: ABI Multifamily #6022498 Report a problem | ||
| 1/11/2020 | Price change | $625,000+4.3%$161/sqft |
Source: ABI Multifamily #6022498 Report a problem | ||
| 10/29/2019 | Price change | $599,000-1.8%$154/sqft |
Source: Platinum Living Realty #5988481 Report a problem | ||
| 10/7/2019 | Price change | $610,000-2.4%$157/sqft |
Source: Platinum Living Realty #5988481 Report a problem | ||
| 8/11/2019 | Price change | $625,000-3.8%$161/sqft |
Source: My Home Group Real Estate #5958385 Report a problem | ||
| 7/30/2019 | Listed for sale | $650,000+52.9%$167/sqft |
Source: My Home Group Real Estate #5958385 Report a problem | ||
| 9/21/2018 | Sold | $425,000-5.5%$109/sqft |
Source: ARMLS #5778369 Report a problem | ||
| 8/2/2018 | Listed for sale | $449,500$115/sqft |
Source: USELLSMART Real Estate #5778369 Report a problem | ||
| 8/2/2018 | Pending sale | $449,500$115/sqft |
Source: USELLSMART Real Estate #5778369 Report a problem | ||
| 6/9/2018 | Listed for sale | $449,500+210%$115/sqft |
Source: USELLSMART Real Estate #5778369 Report a problem | ||
| 10/10/2014 | Sold | $145,000+339.4%$37/sqft |
Source: Public Record Report a problem | ||
| 3/1/2012 | Sold | $33,000+10%$8/sqft |
Source: ARMLS #4703594 Report a problem | ||
| 1/13/2012 | Listed for sale | $30,000-77.8%$8/sqft |
Source: Keller Williams Realty Report a problem | ||
| 7/5/2000 | Sold | $135,000+110.9%$35/sqft |
Source: Public Record Report a problem | ||
| 11/30/1995 | Sold | $64,000$16/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $10,650 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Camelback East
Nearby schools
GreatSchools rating
- 2/10Papago SchoolGrades: PK-8Distance: 0.7 mi
- 3/10Camelback High SchoolGrades: 9-12Distance: 2.6 mi
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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- Arizona
- Maricopa County
- Phoenix
- 85008
- Camelback East
- 1812 N 31ST Place
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