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 (7/1)
$865,000
2919 N 38TH Street, Phoenix, AZ 85018
6beds
3baths
3,000sqft
Multi Family
Built in 1964
-- sqft lot
$-- Zestimate®
$288/sqft
$-- HOA
What's special
New flooringUpdated unitsIn-unit washer and dryerModern kitchensUpgraded bathrooms
- 66 days |
- 217 |
- 17 |
Zillow last checked:
Listing updated:
Listed by:
Cody Leslie 505-980-3726,
Orion Investment Real Estate
Source: ARMLS,MLS#: 7020560
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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: $288/sqft
- Tax assessed value: $688,100
- Annual tax amount: $1,688
- Date on market: 4/28/2026
- Cumulative days on market: 66 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 |
|---|---|---|
| 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 | -- | $10,150 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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
- 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Arizona
- Maricopa County
- Phoenix
- 85018
- Camelback East
- 2919 N 38TH Street
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