2919 North 38th Street, Phoenix, AZ 85018 For Sale

2919 North 38th Street is a fully renovated fourplex located in the coveted 85018 zip code, just minutes from Arcadia Lite and the Camelback Corridor. The property offers investors a rare opportunity to acquire a pride-of-ownership small multifamily asset in one of Phoenix's most desirable infill locations.

This turn-key asset features modern upgrades throughout, offering premium finishes, in-unit laundry, and strong curb appeal. This drives top-tier rental demand and long-term tenant retention.

This is a rare opportunity to control the majority of units in the highly desirable Arcadia Lite area. With historically fragmented ownership across the street, this assemblage provides full street-level control and a unique repositioning opportunity.

Exterior enhancements have elevated the overall aesthetic while reducing future maintenance obligations by providing updated paint and facade improvements, mature landscaping, walkable blocks, and a strong sense of neighborhood identity. The result is a clean, cohesive asset that blends modern finishes with the character of the Arcadia-area setting.

Strong in-place rents provide immediate cash flow to new ownership which also benefits from flexible residential financing options, allowing qualified buyers to access conventional 1-4 unit loan programs rather than commercial debt- an attractive feature for both investors and owner-occupants.

Situated in the heart of the Arcadia submarket with convenient access to major employment hubs, trendy shopping, and entertainment.