Rare opportunity to acquire a fully upgraded 7-unit multifamily property ideally located adjacent to the highly desirable Arcadia and Midtown Phoenix corridors. This boutique asset offers strong rental demand, modernized interiors, and excellent income potential. All units have been renovated with updated kitchens, baths, flooring, and contemporary finishes, creating a true turnkey investment. The property benefits from proximity to Arcadia Lite dining and shopping, Midtown employment centers, transit, and major freeways. Efficient unit mix, professional maintenance, and a high-demand location make this an ideal asset for investors seeking solid ROI and long-term appreciation. Opportunities like this are limited—don't miss it.
For sale
$1,950,630
3038 N 38TH Street #A, Phoenix, AZ 85018
12beds
7baths
5,600sqft
Multi Family
Built in 1964
-- sqft lot
$1,753,800 Zestimate®
$348/sqft
$-- HOA
What's special
- 204 days |
- 82 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Gregory Yurkovic 602-920-9737,
Platinum Realty Group
Source: ARMLS,MLS#: 6980315

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 7
Heating
- Forced Air
Cooling
- Ceiling Fan(s), Electric
Appliances
- Included: Built-In Range, Disposal, Dishwasher, Refrigerator
Features
- Flooring: Tile
Interior area
- Total structure area: 5,600
- Total interior livable area: 5,600 sqft
Video & virtual tour
Property
Parking
- Total spaces: 14
- Parking features: 1 Space/Unit
- Covered spaces: 7
- Uncovered spaces: 7
Lot
- Size: 10,200 Square Feet
- Dimensions: 150' x 68'
Details
- Parcel number: 12722033A
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Block
- Roof: Composition
Condition
- Year built: 1964
Utilities & green energy
- Electric: APS
- 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: $348/sqft
- Annual tax amount: $2,056
- Date on market: 2/1/2026
- Cumulative days on market: 200 days
- Listing terms: Conventional
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Zestimate®
$1,753,800
Estimated sales range
$1.67M - $1.84M
Rent Zestimate®
$1,807/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/5/2026 | Listed for sale | $1,950,630$348/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
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
GreatSchools rating
- 3/10Monte Vista Elementary SchoolGrades: PK-8Distance: 0.4 mi
- 3/10Camelback High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: Monte Vista Elementary School
- Middle: Monte Vista Elementary School
- High: North 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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