1812 N 31ST Place, Phoenix, AZ 85008, Phoenix AZ 85008
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
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Phoenix
This property is grouped with the current five-or-more-bedroom homes in Phoenix. Its asking price falls near the 55th percentile of that active group. The comparison uses 693 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $436,950, and the median is $257 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 1805 N 31ST Street, Phoenix, AZ 85008 | Jun 17, 2026 | 8 bd | $1,099,000 | 0.0 mi |
| 1713 N 31ST Place, Phoenix, AZ 85008 | Aug 20, 2026 | 9 bd | $895,000 | 0.1 mi |
| 1808 N 32ND Street 116, Phoenix, AZ 85008 | Jul 30, 2026 | 2 bd · 933 sqft | $150,000 | 0.1 mi |
| 3005 E HUBBELL Street, Phoenix, AZ 85008 | Sep 30, 2026 | 3 bd · 1,386 sqft | $419,900 | 0.2 mi |
| 2930 E GRANADA Road, Phoenix, AZ 85008 | Jun 18, 2026 | 2 bd · 1,312 sqft | $202,000 | 0.2 mi |
| 3043 E CYPRESS Street, Phoenix, AZ 85008 | Aug 20, 2026 | 4 bd · 1,598 sqft | $460,000 | 0.3 mi |
| 2231 N 29TH Place, Phoenix, AZ 85008 | Jul 10, 2026 | 2 bd · 1,014 sqft | $230,000 | 0.3 mi |
| 3323 E Palm Lane, Phoenix, AZ 85008 | Aug 10, 2026 | 3 bd · 1,344 sqft | $454,000 | 0.3 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $959,000 · Active
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