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
- 96 days
- 109
- 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#: 7033472

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
Price history is unavailable.
Public tax history
Tax history is unavailable.
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.Climate risks
Neighborhood: Camelback East
Nearby schools
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.






