2925 N 38TH Street, Phoenix, AZ 85018, Phoenix AZ 85018
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 hig
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 52nd 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 $465,000, and the median is $322 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 |
|---|---|---|---|---|
| 3741 E CATALINA Drive, Phoenix, AZ 85018 | Jun 2, 2026 | 3 bd · 2,134 sqft | $575,000 | 0.1 mi |
| 3033 N 39TH Street 4, Phoenix, AZ 85018 | Sep 16, 2026 | 2 bd · 1,146 sqft | $400,000 | 0.2 mi |
| 3033 N 37TH Street 9, Phoenix, AZ 85018 | Apr 17, 2026 | 2 bd · 1,126 sqft | $319,900 | 0.2 mi |
| 3033 N 37TH Street 1, Phoenix, AZ 85018 | Apr 10, 2026 | 2 bd · 1,126 sqft | $340,000 | 0.2 mi |
| 3006 N 37TH Street 4, Phoenix, AZ 85018 | May 8, 2026 | 3 bd · 1,554 sqft | $530,000 | 0.2 mi |
| 2715 N 38TH Place, Phoenix, AZ 85008 | Jun 26, 2026 | 3 bd · 1,477 sqft | $530,000 | 0.2 mi |
| 4015 E CATALINA Drive, Phoenix, AZ 85018 | May 15, 2026 | 3 bd · 2,255 sqft | $915,000 | 0.3 mi |
| 3119 N 38TH Street 10, Phoenix, AZ 85018 | May 15, 2026 | 2 bd · 1,000 sqft | $285,000 | 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.
- $900,000 · Active
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