$2,125,000
Phoenix, AZ 85018
MLS# 6938319
1 / 32
Property Description
RENOVATED FOUR-PLEX IN PRIME CAMELBACK EAST VILLAGE LOCATION WITH INCREDIBLE INCOME POTENTIAL! Beautifully updated and perfectly positioned between the highly desirable Biltmore area and Downtown Scottsdale, this turnkey four-plex is an exceptional opportunity in one of Phoenix's strongest rental submarkets, Camelback East Village. Each unit features custom cabinetry, wood flooring throughout, modern frosted glass doors, and ceiling fans throughout. All units are individually metered for electricity and include in-suite washer and dryer, offering tenants maximum convenience. Residents also enjoy covered carport parking and spacious private yards. The property has been well-maintained with significant updates, including a roof replacement in 2011, two air conditioning units replaced
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $2,125,000
List Price: $2,125,000
Status: Active
List Date: 2025-10-24
Location, Tax & Legal
Assessor's Map #: 20
Legal Description (Abbrev): EAST CITRUS ACRES PLAT A PT LOT 109 N 107' OF E2
Assessor's Parcel #: 15
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 110902
Taxes: 1809
Legal: EAST CITRUS ACRES PLAT A PT LOT 109 N 107' OF E2
Marketing Name: 3110 N 39th St
House Number: 3110
Compass: N
Street Name: 39TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85018
Zip4: 6404
County Code: Maricopa
Subdivision: EAST CITRUS ACRES PLAT A
Assessor Number: 127-20-015
Tax Year: 2024
General Property Description
# of Buildings: 3
Uncvrd Parking Spcs: 8
Lot Size Dimensions: Unknown
Total # of Units: 4
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
Elementary School: Monte Vista Elementary School
Jr. High School: Papago School
High School: Camelback High School
Year Built: 1970
Zoning: R-3
Legal Info
Range: 3E
Section: 25
Township: 2N
Lot Number: 109
Project Type
Four Plex: 1
Other (See Remarks): 1
Construction
Block: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Laminate: 1
Wood: 1
Sale Includes
Land & Building: 1
Laundry Equipment: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 10429
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 86640
Pmt & Rate Info
Cap Rate: 4
Equity: 2125000
Down Payment %: 50
Monthly Payments: 5000
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
See Private Remarks: 1
None: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Interior Features
Vertical Blinds: 1
Tenant Pays
Electricity: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
Washer/Dryer: 1
Road Surface Type
Asphalt: 1
Concrete: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Sewer-In & Connected: 1
Parking Features
Carport: 1
>1 Space Per Unit: 1
Add'l Parking Avail: 1
Electric
SRP: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
Landscaping: 1
Other: 1
New Financing
Cash: 1
Conventional: 1
Special
Owner/Agent: 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 1250
Avg SqFt: 2150
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 3
Avg Rent: 1942
Avg SqFt: 2050
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: 40TH ST & INDIAN SCHOOL RD
Directions: SOUTH TO CHEERY LYNN, WEST TO 39TH ST, SOUTH TO PROPERTY.
Geo Lat: 33.484689
Geo Lon: -111.998023
Income Expenses
Gross Annual Sch Inc: 91200
Net Operating Income: 85000
Property Features
Project Type: Four Plex; Other (See Remarks)
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Laminate; Wood
Sale Includes: Land & Building; Laundry Equipment
Community Features: No Pool
Interior Features: Vertical Blinds
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Cooling: Ceiling Fan(s); Central Air
Water Source: City Franchise
Sewer: Sewer - Public; Sewer-In & Connected
Electric: SRP
Gas: SW Gas
Parking Features: Carport; >1 Space Per Unit; Add'l Parking Avail
Road Surface Type: Asphalt; Concrete
Owner Pays: Water; Trash Collection; Landscaping; Other
Tenant Pays: Electricity
Source of Fincl Data: Owner
Special: Owner/Agent
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: See Private Remarks; None
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional
Environmental: None
Supplements
that same year, and the remaining units updated in 2016 and 2021. This property offers a low-maintenance, fully renovated investment in a prime central Phoenix location, just minutes from top dining, shopping, and entertainment.
Listing Office: Grigg's Group Powered by The Altman Brothers
Last Updated: December - 23 - 2025
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