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$860,000
7020560 MLS
2923 N 38th St is a fully renovated fourplex in Phoenix's highly desirable 85018 zip code near Arcadia Lite and the Camelback Corridor. This turnkey multifamily investment features updated units with modern kitchens, upgraded bathrooms, new flooring, and in-unit washer and dryer. Stabilized with strong rental income and long-term tenants, the property offers immediate cash flow. Ideal for investors or owner-occupants, this 4-unit property qualifies for residential financing. Located near top dining, shopping, and major employers including Phoenix Children's Hospital and Banner - University Medical Center Phoenix. Rare opportunity in a high-demand Phoenix rental market.

2919 N 38th Street, Phoenix

Listing courtesy of Listing Agent: Cody Leslie (505-980-3726) from Listing Office: Orion Investment Real Estate.
$900,000
7013792 MLS
FULLY REMODELED UNITS! This multi-family property presents a strong, turnkey investment opportunity with immediate and reliable cash flow. The asset consists of four units, including two 2 bedroom 2 bath units and two 1 bedroom 1 bath units, offering a desirable unit mix that attracts a broad tenant base. Each unit has been thoughtfully upgraded with modern finishes, minimizing near term capital expenditures and reducing ongoing maintenance concerns. The 2 bedroom units average approximately 850 square feet, while the 1 bedroom units offer around 700 square feet, providing efficient and highly rentable layouts. The property delivers excellent income performance, with all units renting at 1,200 per month, creating consistent and predictable revenue. This makes it an ideal opportunity investors seeking stable cash flow, strong rental demand, and a low maintenance asset. With its combination of renovations, solid in place rents, and appealing unit mix, this property is well positioned for long term appreciation and continued income growth.

2925 N 38th Street, Phoenix

Listing courtesy of Listing Agent: Heather Openshaw (480-462-5939) from Listing Office: Keller Williams Integrity First.
$1,950,630
6980315 MLS
Rare opportunity to acquire a fully upgraded 7-unit multifamily property ideally located adjacent to the highly desirable Arcadia and Midtown Phoenix corridors. This boutique asset offers strong rental demand, modernized interiors, and excellent income potential. All units have been renovated with updated kitchens, baths, flooring, and contemporary finishes, creating a true turnkey investment. The property benefits from proximity to Arcadia Lite dining and shopping, Midtown employment centers, transit, and major freeways. Efficient unit mix, professional maintenance, and a high-demand location make this an ideal asset for investors seeking solid ROI and long-term appreciation. Opportunities like this are limited—don't miss it.

3038 N 38th Street Unit A, Phoenix

Listing courtesy of Listing Agent: Gregory Yurkovic (602-920-9737) from Listing Office: Platinum Realty Group.
$1,995,640
6969185 MLS
Rare Phoenix investment! 7-unit Citrus Acres gem with upgraded, move-in-ready units full of charm—rents fast and cash flows strong. Just steps from high-end Arcadia, this rapidly gentrifying area is booming with demand for quality rentals. This is 1/3 of a 21-unit portfolio, offering savvy investors the option to acquire a larger package at a discounted rate. Perfect for instant income, long-term appreciation, and growth in one of Phoenix's hottest up-and-coming neighborhoods!

3027 N 37th Street, Phoenix

Listing courtesy of Listing Agent: Gregory Yurkovic (602-920-9737) from Listing Office: Platinum Realty Group.
$980,000
6894856 MLS
Investor's dream**DO NOT DISTURB OCCUPANTS**These Units are located in Arcadia Lite surrounded by Recently Built Townhomes, as well as Single Family Homes. Located near all the conveniences of ARCADIA. These Units are an excellent opportunity to do some updating and have a great investment added to your portfolio. Each Unit is a 1 BRM 1 BATH, LIVING ROOM KITCHEN and rear yard.

3110 N 37th Street, Phoenix

Listing courtesy of Listing Agent: Peggie Jean Herron-Simmons (480-201-0654) from Listing Office: Realty Marketing Group.

Selling Office: Orion Investment Real Estate.

$935,000
4 Beds ⋅ 3 Baths ⋅ 6808631 MLS
This beautifully designed home features an open, thoughtfully crafted floor plan with chic architecture and unique details throughout. The spacious layout offers 4 bedrooms, 3 bathrooms, and a versatile flex space ideal for a second living area or a home office. Highlights include stainless steel appliances, quartz countertops, a gas range, a large kitchen island, and a tankless gas water heater. The 2-car garage adds convenience, while the backyard is a true oasis with a brand-new heated pool and spa, a fire pit, and a putting green. Located near Arcadia's top dining and entertainment hotspots, including Postino's, North Italia, and Chelsea's Kitchen, this home combines modern luxury with an unbeatable lifestyle.

3750 E Earll Drive, Phoenix

Listing courtesy of Listing Agent: Jamar Taylor () from Listing Office: America One Luxury Real Estate.

Selling Office: RETSY.

$485,000
3 Beds ⋅ 2 Baths ⋅ 6802218 MLS
Welcome to this charming and meticulously maintained home in the highly sought-after Citrus Acres/Arcadia Lite neighborhood! This property perfectly combines comfort, style, and functionality, featuring a rare two-car garage—a standout feature in the area—and a spacious, fully fenced lot with RV parking, a generous backyard, and side yard. With no HOA restrictions, this home offers the freedom to make it truly your own. Inside, you'll find a host of modern updates designed to enhance your living experience. The new windows (2021), complete with wood slat blinds, provide privacy and energy efficiency, while the brand-new A/C system (2024) ensures year-round comfort. The refreshed bathrooms (2022) boast sleek, modern touches, and the kitchen shines with granite countertops. The master suite is a retreat of its own, featuring a luxurious walk-in shower en suite. Additionally, the home has updated wiring and plumbing, offering peace of mind.The exterior is equally impressive, with a professionally landscaped yard designed for low maintenance. Enjoy the convenience of artificial turf and an efficient watering system, perfect for relaxing or entertaining. Recent upgrades include a freshly painted garage (Oct 2023), replaced fascia boards (Dec 2023), and a new Rheem electric water heater (April 2024).This property also presents exciting potential for expansion, whether you're envisioning a multi-dwelling unit or an ADU (Accessory Dwelling Unit), subject to local regulations. With its ideal location, thoughtful updates, and limitless possibilities, this home is ready to meet your needs, whether as a move-in-ready haven or a smart investment opportunity.See everything this incredible home has to offer!

3218 N 37th Street, Phoenix

Listing courtesy of Listing Agent: Jason L Penrose (602-738-9943) from Listing Office: eXp Realty.

Selling Office: My Home Group Real Estate.

$252,000
2 Beds ⋅ 2 Baths ⋅ 6644667 MLS
Perfect Investment Home in one of the most desirable areas, lower Arcadia. Many restaurants and shopping centers within a few miles. This house is on over a 7000 sqft lot with many new developments in the area.

3120 N 38th Street Unit C, Phoenix

Listing courtesy of Listing Agent: David M Allayev (602-791-9056) from Listing Office: eXp Realty.

Selling Office: My Home Group Real Estate.

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.

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