2923 N 38th St is a fully renovated fourplex in Phoenix's highly desirable 85018 zip code near Arcadia Lite and the Camelback Corridor. This turnkey multifamily investment features updated units with modern kitchens, upgraded bathrooms, new flooring, and in-unit washer and dryer. Stabilized with strong rental income and long-term tenants, the property offers immediate cash flow. Ideal for investors or owner-occupants, this 4-unit property qualifies for residential financing. Located near top dining, shopping, and major employers including Phoenix Children's Hospital and Banner - University Medical Center Phoenix. Rare opportunity in a high-demand Phoenix rental market.
For sale
Price cut: $5K (8/7)
$860,000
2919 N 38TH Street, Phoenix, AZ 85018
6beds
3baths
3,000sqft
Multi Family
Built in 1964
-- sqft lot
$-- Zestimate®
$287/sqft
$-- HOA
What's special
New flooringUpdated unitsIn-unit washer and dryerModern kitchensUpgraded bathrooms
- 112 days |
- 190 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
Cody Leslie 505-980-3726,
Orion Investment Real Estate
Source: ARMLS,MLS#: 7020560
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Forced Air
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Built-In Electric Oven, Microwave, Washer/Dryer
- Laundry: W/D Hookup
Features
- Flooring: Vinyl
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Property
Parking
- Total spaces: 8
- Parking features: <1 Space Per Unit
- Covered spaces: 4
- Uncovered spaces: 4
Lot
- Size: 8,055 Square Feet
- Dimensions: 139 x 57.95
Details
- Parcel number: 12721009A
- Zoning: R-4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Block
Condition
- Year built: 1964
Utilities & green energy
- Electric: SRP
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Features: No Pool
- Subdivision: CITRUS ACRES LOTS 1 THRU 20
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $287/sqft
- Tax assessed value: $688,100
- Annual tax amount: $1,688
- Date on market: 4/29/2026
- Cumulative days on market: 113 days
- Listing terms: No Carry,Conventional,1031 Exchange,FHA,VA Loan,Wraparound
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Concrete
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Price change | $860,000-0.6%$287/sqft |
Source:  ARMLS #7020560 Report a problem | ||
| 7/1/2026 | Price change | $865,000-0.6%$288/sqft |
Source: ARMLS #7020560 Report a problem | ||
| 6/22/2026 | Price change | $869,999-0.6%$290/sqft |
Source: ARMLS #7020560 Report a problem | ||
| 4/29/2026 | Listed for sale | $875,000+47.8%$292/sqft |
Source: ARMLS #7020560 Report a problem | ||
| 2/16/2021 | Sold | $592,200+97.4%$197/sqft |
Source: Public Record Report a problem | ||
| 10/1/2018 | Sold | $300,000+59.6%$100/sqft |
Source: Public Record Report a problem | ||
| 4/25/2014 | Sold | $188,000+12.6%$63/sqft |
Source: Public Record Report a problem | ||
| 4/3/2013 | Sold | $167,000+16.8%$56/sqft |
Source: ARMLS #4894131 Report a problem | ||
| 3/20/2012 | Sold | $143,000+58.9%$48/sqft |
Source: Public Record Report a problem | ||
| 3/19/2010 | Sold | $90,000-60.9%$30/sqft |
Source: Public Record Report a problem | ||
| 6/13/2008 | Sold | $230,000-35.9%$77/sqft |
Source: Public Record Report a problem | ||
| 8/15/2005 | Sold | $359,000+25.3%$120/sqft |
Source: ARMLS #2309002 Report a problem | ||
| 2/17/2005 | Sold | $286,620+43.3%$96/sqft |
Source: Public Record Report a problem | ||
| 12/27/2004 | Sold | $200,000+22.4%$67/sqft |
Source: Public Record Report a problem | ||
| 12/4/2001 | Sold | $163,334$54/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,688 +3.9% | $68,810 -15.3% |
| 2024 | $1,624 +1.2% | $81,250 +616.9% |
| 2023 | $1,606 +4.1% | $11,333 -73% |
| 2022 | $1,543 +0.1% | $41,930 +10.8% |
| 2021 | $1,542 +0.7% | $37,860 +19.9% |
| 2020 | $1,531 +2.1% | $31,570 +23.8% |
| 2019 | $1,499 | $25,500 +14.3% |
| 2018 | $1,499 +4% | $22,310 +5.3% |
| 2017 | $1,441 +11.8% | $21,180 +21% |
| 2016 | $1,289 -0.5% | $17,500 +13% |
| 2015 | $1,296 | $15,480 +18.1% |
| 2014 | -- | $13,110 +144.1% |
| 2013 | -- | $5,370 +5.5% |
| 2012 | -- | $5,090 -16.8% |
| 2011 | -- | $6,120 -38.4% |
| 2010 | -- | $9,940 -44% |
| 2009 | -- | $17,740 -16% |
| 2008 | -- | $21,120 +10.6% |
| 2007 | -- | $19,100 +43.9% |
| 2006 | -- | $13,270 |
| 2005 | -- | $13,270 +17.2% |
| 2004 | -- | $11,326 |
| 2003 | -- | $11,326 +11.6% |
| 2002 | -- | $10,150 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Camelback East
Nearby schools
GreatSchools rating
- 3/10Monte Vista Elementary SchoolGrades: PK-8Distance: 0.5 mi
- 3/10Camelback High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- 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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