$635,000

4118 N 3RD Avenue, Phoenix, AZ 85013

Multi-Family Home
Built in 1952
—— sqft lot
—— car garage
$——/sqft
Listed 27 days ago

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.

Listing Status:: Active
Date Added:: October 23, 2025 at 05:00AM
Listing Office:: Matthews Real Estate Investment Services : 310-388-0788
Listing Agent:: Bradley Skenderian :
MLS ID:: 6937740

Flooring: Ceramic Tile
A/C: Central AirCeiling Fan(s)ElectricHeat PumpIndividual
Heating: Heat PumpElectric

Parking: Add'l Parking Avail1 Space/UnitCarportParking spaces: 5

Roofing: Composition
General: PaintedBlock

Originating MLS: Arizona Regional Multiple Listing Service 2
School District: Osborn Elementary District
County: Maricopa

Zoning: R415532058

Water: Master MeterCity Franchise
Sewer: Sewer-In & ConnectedPublic Sewer

Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of Bradley Skenderian, Matthews Real Estate Investment Services

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Phoenix Coding Academy

4445 N Central Ave, Phoenix, AZ, 85012

Grades 9-12

0.48 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.