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Mike Domer L

loa@alextonos.com +1(602) 488-1227

$ 635,000

Est. payment -/mo

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Active

4118 N 3RD Avenue Phoenix, AZ 85013

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Indian Park

MLS Listing ID 6937740

Year Built 1952

Annual Tax Amount $1,161

Tax Year 2024

Lot Dimensions 112x66

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

4118 N 3rd Ave is a 3-unit apartment community located in the Midtown Submarket of Phoenix, Arizona. Originally constructed in 1952, the property has undergone significant capital improvements over recent years, including interior updates, brand new plumbing system with 100% PEX , newer roof, water heaters, upgraded electrical, and added private fencing. The building consists of (3) one-bedroom, one-bathroom floor plans and a covered parking spot for each unit. Each unit is currently occupied at below market rents, allowing for considerable rental upside. New ownership acquire a renovated and well-performing asset with near-term upside in a highly desirable and centralized location along the Central Avenue Corridor.

Location

State AZ

County Maricopa

Community Indian Park

Area Maricopa

Zoning R4

Interior

Heating Heat Pump, Electric

Cooling Central Air, Ceiling Fan(s), Electric, Heat Pump, Individual

Flooring Ceramic Tile

Appliance Disposal, Refrigerator, Free-Standing Electric Oven

Exterior

Parking Features Add'l Parking Avail, 1 Space/Unit, Carport

Community Features See Remarks, No Pool

Roof Type Composition

Private Pool No

Building

Sewer Sewer-In & Connected, Public Sewer

Water Master Meter, City Franchise

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 155-32-058

Acceptable Financing Conventional

Disclosures Seller Prop Disc Stm

Listing Terms Conventional

Listed by Matthews Real Estate Investment Services

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES

Elementary Schools 20

10

Alhambra Traditional School

Public | KG - 8
10

Arizona School for the Arts

Public | 5 - 12
10

Faith North Elementary School

Public | PK - 8
10

Madison Traditional Academy

Public | KG - 8
9

All Aboard Charter School

Public | KG - 5
9

Madison Richard Simis School

Public | PK - 4
9

Mercury Mine Elementary School

Public | KG - 6
8

Abraham Lincoln Traditional School

Public | KG - 8
8

Madison Meadows School

Public | 5 - 8
8

Madison Rose Lane School

Public | PK - 5
8

Madison Heights Elementary School

Public | PK - 5
8

Villa Montessori - Phoenix Campus

Public | KG - 8
7

Amerischools Academy - Camelback

Public | KG - 12
6

Horizon School

Public | KG - 8
6

Bennett Academy

Public | KG - 8
6

Magnet Traditional School

Public | KG - 8
6

Great Hearts Academies - Teleos Preparatory

Public | KG - 12
6

Madison #1 Elementary School

Public | 5 - 8
6

Biltmore Preparatory Academy

Public | KG - 8
5

Bret R. Tarver

Public | KG - 5

Middle Schools 15

7

North Pointe Preparatory

Public | 7 - 12
7

Metropolitan Arts Institute

Public | 7 - 12
5

Palo Verde Middle School

Public | 7 - 8
5

Imagine Cortez Park Middle School

Public | 6 - 8
5

Osborn Middle School

Public | 7 - 8
5

Shea Middle School

Public | 7 - 8
4

Imagine Camelback Middle School

Public | 6 - 8
2

Isaac Middle School

Public | 6 - 8
2

Morris K. Udall Escuela de Bellas Artes

Public | 6 - 8
1

Rcb Medical Arts Academy

Public | 7 - 12
1

The Learning Institute

Public | 7 - 12
0

Westwind Middle School

Public | 6 - 8
0

Brophy College Preparatory

Private | 6 - 12
0

Arizona Insight Academy

Public | 7 - 12
0

Youth Development Institute School

Private | 7 - 12

High Schools 20

10

Phoenix Union Bioscience High School

Public | 9 - 12
8

Apollo High School

Public | 9 - 12
8

Franklin Police and Fire High School

Public | 9 - 12
8

Sunnyslope High School

Public | 9 - 12
8

Gateway Early College High School

Public | 9 - 12
7

Cortez High School

Public | 9 - 12
7

Washington High School

Public | 9 - 12
7

Metro Tech High School

Public | 9 - 12
7

Phoenix College Preparatory Academy

Public | 9 - 12
6

Asu Preparatory Academy- Phoenix High School

Public | 9 - 11
5

Girls Leadership Academy of Arizona

Public | 9 - 12
5

North High School

Public | 9 - 12
5

Shadow Mountain High School

Public | 9 - 12
4

Alhambra High School

Public | 9 - 12
4

Glenview College Preparatory High School

Public | 9 - 12
4

Carl Hayden High School

Public | 9 - 12
4

Pillar Academy Online

Public | 9 - 12
4

Central High School

Public | 9 - 12
4

Phoenix Collegiate Academy High School

Public | 9 - 12
3

Camelback High School

Public | 9 - 12

School and business data provided by Attom Data.

Mike Domer L

Agent | License ID: SA694944000

+1(602) 488-1227

GET MORE INFORMATION

North Scottsdale & Carefree Homes for sale by Neighborhood

Mike Domer L

4118 N 3RD Avenue Phoenix, AZ 85013

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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4118 N 3RD Avenue