1812 N 31st Place, Phoenix, AZ 85008

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List Price
$959,000
Status
ACTIVE
Days on Market
178
MLS#
7033472
Subtype
Multiple Dwellings
Year Built
1972
Bedrooms
12
Bathrooms
6

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

Taxes
$1,813
Zoning
R-3
Appliances
Refrigerator
Heating
Natural Gas
Air Conditioning
Electric
Exterior Construction
Wood Frame, Painted
Parking Features
1 Space/Unit
Elementary School
The Creighton Academy
Middle School
The Creighton Academy
High School
Camelback High School

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Carrie Lehrman (480-338-9641) from Listing Office: SRL Group.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.