Active

2947 N 39TH Street, Phoenix, AZ 85018, Phoenix AZ 85018

$1,775,000
20 bed · Built 1960

Desert Jewel is an 11-unit, garden-style apartment community built in 1960 and renovated in 2017, located in the highly desirable Arcadia-Lite submarket of Phoenix. The property is individually metered for electricity and offers ample resident parking, including a covered carport. The unit mix consists of (2) 1-bed/1-bath, (2) 2-bed/1-bath, and (7) 2-bed/2-bath units averaging 823 SF. Current interior renovations feature stainless steel appliances, kitchen islands, updated light fixtures, and in-suite washer & dryer. A light value-add opportunity remains through exterior renovations. Ideally p

2947 N 39TH Street, Phoenix, AZ 850182947 N 39TH Street, Phoenix, AZ 850182947 N 39TH Street, Phoenix, AZ 850182947 N 39TH Street, Phoenix, AZ 850182947 N 39TH Street, Phoenix, AZ 850182947 N 39TH Street, Phoenix, AZ 85018

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 79th percentile of that active group. The comparison uses 698 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.

$272Cohort median $/sqft
698Comparable active listings
0 daysAverage market time

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 $590,000, and the median is $296 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.

AddressSoldHomeSold priceDistance
3033 N 39TH Street 4, Phoenix, AZ 85018 Sep 16, 2026 2 bd · 1,146 sqft $400,000 0.1 mi
4015 E CATALINA Drive, Phoenix, AZ 85018 May 15, 2026 3 bd · 2,255 sqft $915,000 0.1 mi
3741 E CATALINA Drive, Phoenix, AZ 85018 Jun 2, 2026 3 bd · 2,134 sqft $575,000 0.2 mi
3200 N 39TH Street 3, Phoenix, AZ 85018 May 8, 2026 3 bd · 2,196 sqft $650,000 0.2 mi
4110 E CATALINA Drive, Phoenix, AZ 85018 May 5, 2026 4 bd · 2,193 sqft $1,000,000 0.2 mi
3119 N 38TH Street 8, Phoenix, AZ 85018 Sep 10, 2026 2 bd · 941 sqft $215,000 0.2 mi
3119 N 38TH Street 10, Phoenix, AZ 85018 May 15, 2026 2 bd · 1,000 sqft $285,000 0.2 mi
3933 E FLOWER Street, Phoenix, AZ 85018 Apr 24, 2026 3 bd · 2,041 sqft $605,000 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.

  1. $1,775,000 · Active

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