1812 N 31st Place, Phoenix, AZ 85008

$959,000

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List Price
$959,000
Days on Market
70
Status
ACTIVE
MLS#
7033472
City
Phoenix
Year Built
1972

Property Description

Exceptional investment opportunity in the heart of Central Phoenix featuring six garden-style apartment units with an unbeatable location offering quick access to Downtown Phoenix, Arcadia, the SR-51, and Old Town Scottsdale. This well-positioned property consists of two spacious 3-bedroom/1-bath units, two 2-bedroom/1-bath units, and two studio apartments, providing a diverse unit mix ideal for attracting a wide range of tenants. Several units have been fully renovated with stylish finishes, while others have been thoughtfully updated and still offer additional value-add potential for future improvements and increased rents. Each unit offers a comfortable layout with charming garden-style appeal, creating a welcoming atmosphere for residents. Located near some of Phoenix's most Located near some of Phoenix's most popular dining, shopping, entertainment, and employment hubs, this property presents a rare opportunity for both seasoned investors and owner-users seeking strong upside potential in one of the Valley's most desirable rental corridors.

Additional Information

Elementary School
The Creighton Academy
High School
Camelback High School
Middle School
The Creighton Academy
Community Features
No Pool
Construction
Wood Frame, Painted
Cooling
Electric
Electric
APS
Heating
Natural Gas
New Financing
Cash
Parking Features
1 Space/Unit
Roofing
Composition
Taxes
$1,813
Tax Year
2025
Tenant Pays
Electricity, Gas
Units
6
Water
City Franchise
Zoning
R-3

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of SRL Group.

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