2927 N 38th St
Phoenix, AZ 85018

$675,000

Last Sold Price

—

Beds

—

Baths

—Sq. Ft.

— / Sq. Ft.

—

Sq. Ft.

—

per Sq. Ft.

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Closed 12/1/21

Description

Rare investment opportunity in arcadia area. Three total four-plexes are available for sale off 38th street, perfect value add opportunity. Multiple upsides to this investment, first......bring rents to market value, second remodel units. Close to shopping, bus routes, light rail and freeways. Surrounded by redevelopment in the ever growing Arcadia area. There are two 2 bedroom/1 bath units and two 1 bedroom/1 bath units per four-plex.Rare investment opportunity in arcadia area. Three total four-plexes are available for sale off 38th street, perfect value add opportunity. Multiple upsides to this investment, first......bring rents to market value, second remodel units. Close to shopping, bus routes, light rail and freeways. Surrounded by redevelopment in the ever growing Arcadia area. There are two 2 bedroom/1 bath units and two 1 bedroom/1 bath units per four-plex.

Listed by Larry P Burr • Brokerage DRE #LC684700000 • ATLAS AZ, LLC
P: (480)-828-3283 C: (480)-828-3283 larry.burr@realatlas.com

Property Details for 2927 North 38th Street

Subdivision Name

CITRUS ACRES LOTS 21 THRU 60

View YN

Zoning

LISTING UPDATED: 12/09/2023 06:35 AM

Property Details for 2927 North 38th Street

Status	Closed
MLS #	6303571
Days on Market	58
Taxes	$1,433 / year
HOA Fees	-
Condo/Co-op Fees	-
Property Type	Multi Family
MLS Type	Multiple Dwellings
Year Built	1964
Lot Size	-
County	Maricopa County

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Location

Listing Courtesy of ATLAS AZ, LLC

Sold By ATLAS AZ, LLC

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Building Information for 2927 North 38th Street

Stories-Residences4Year Built1964Building Size-Lot Size-

Payment Calculator

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$3,483 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,364

Property Taxes

$119

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 2927 North 38th Street

Summary

Location and General Information

Unparsed Address: 2927 N 38TH Street, Phoenix, AZ 85018
City: Phoenix

Coordinates: -111.99891, 33.481462
Country: US
County Or Parish: Maricopa
Cross Street: 38th / Thomas
Directions: West on Thomas to 38th Street, North (right) to property address on right.
Latitude: 33.481462
Longitude: -111.99891
Map Coordinate: P35
Postal City: Phoenix
Postal Code: 85018
Postal Code Plus4: 7026
State Or Province: AZ
Street Suffix: Street
Year Built: 1,964

Taxes and HOA

Tax Annual Amount: $1,433.00
Tax Book Number: 127.00

Tax Legal Description: CITRUS ACRES LOT 83 N 50.5' EX W 209.5' TH/OF
Tax Lot: 83
Tax Parcel Letter: A
Tax Year: 2,021

Parking

Covered Spaces: 4
Garage YN: No

Open Parking Spaces: 0
Parking Features: Paved Parking
Parking Total: 4

School Information

Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District

Property

Lot Information

Building Area Units: Square Feet
Living Area Units: Square Feet

Lot Size Acres: 0.0
Lot Size Area: 0.0
Lot Size Dimensions: unknown
Lot Size Square Feet: 0.0

Property and Assessments

Disclosures: None
Documents Change Timestamp: 10-11-2021 02:55:32 PM

Documents Count: 1
Ownership: Fee Simple
Parcel Number: 12721008A
Property Type: Multiple Dwellings
Public Survey Range: 3E
Public Survey Section: 25
Public Survey Township: 2N
Road Surface Type: Asphalt

Utilities

Electric: SRP
Electric On Property YN: Yes

Sewer: Public Sewer
Water Sewer Expense: $960.00
Water Source: City Franchise

Interior and Exterior Features

Exterior Features

Community Features: No Pool
Construction Materials: Painted, Stucco, Block

Number Of Buildings: 1
Number Of Units Total: 4
Roof: Foam

Interior Features

Bathrooms Total Decimal: 0.0
Bathrooms Total Integer: 0

Cooling: Heat Pump, Electric
Cooling YN: Yes
Heating: Individual, Electric
Heating YN: Yes

Multi Family

Income & Expenses

Gross Income: $46,740.00
Gross Scheduled Income: $49,200.00

Insurance Expense: $2,090.00
Net Operating Income: $34,633.00
Operating Expense: $8,907.00
Professional Management Expense: $4,424.00

Rental

Rent Information

Tenant Pays: Electricity

Property History for 2927 North 38th Street

Date	Event & Source	Price	Appreciation
Dec 1, 2021	Sold ARMLS #6303571	$675,000	—
Nov 29, 2021	Sold (Public Record) Public Record #1478927041	$675,000	+20.1% / yr
Oct 13, 2021	Pending ARMLS #6303571		—
Oct 5, 2021	Listed (Active) ARMLS #6303571	$650,000	—
Oct 19, 2020	Sold ARMLS #6103730	$550,000	—
Oct 16, 2020	Sold (Public Record) Public Record #680125140	$550,000	+40.7% / yr
Aug 28, 2020	Pending ARMLS #6103730		—
Jul 21, 2020	Listed (Active) ARMLS #6103730	$600,000	—
Feb 28, 2019	Sold (Public Record) Public Record #640301444	$315,000	—
Feb 25, 2019	Sold (Public Record) Public Record #640066583	$315,000	+14.5% / yr
Mar 23, 2015	Sold (Public Record) Public Record #491210196	$185,000	—
Mar 23, 2015	Sold (Public Record) Public Record #991210196	$185,000	+10.1% / yr
May 7, 2014	Sold (Public Record) Public Record #914686017	$170,000	—
May 7, 2014	Sold (Public Record) Public Record #414686017	$170,000	-9.1% / yr
Sep 25, 2013	Sold (Public Record) Public Record #868894028	$180,250	—
Sep 25, 2013	Sold (Public Record) Public Record #368894028	$180,250	+11.0% / yr
Apr 3, 2013	Sold ARMLS #4894130	$161,000	—
Mar 15, 2013	Pending ARMLS #4894130		—
Feb 21, 2013	Listed (Active) ARMLS #4894130	$175,000	—
Jul 25, 2012	Sold ARMLS #4760808	$158,000	—
Jun 20, 2012	Sold (Public Record) Public Record #334745856	$158,000	+71.1% / yr
Jun 15, 2012	Pending ARMLS #4760808		—
May 17, 2012	Listed (Active) ARMLS #4760808	$169,900	—
Apr 13, 2012	Sold ARMLS #4700319	$138,000	—
Apr 11, 2012	Pending ARMLS #4700319		—
Mar 20, 2012	Sold (Public Record) Public Record #328327774	$138,000	+35.6% / yr
Jan 10, 2012	Listed (Active) ARMLS #4700319	$164,500	—
Nov 20, 2011	Withdrawn ARMLS #4641816	$164,900	—
Sep 5, 2011	Listed (Active) ARMLS #4641816	$195,000	—
Jun 16, 2010	Sold ARMLS #4388074	$80,400	—
Jun 11, 2010	Sold (Public Record) Public Record #290697867	$80,400	-61.8% / yr
May 25, 2010	Pending ARMLS #4388074		—
May 9, 2010	Listed (Active) ARMLS #4388074	$69,900	—
Apr 29, 2010	Withdrawn ARMLS #4271035	$115,000	—
Feb 26, 2010	Sold (Public Record) Public Record #283930453	$106,000	+351.1% / yr
Oct 30, 2009	Sold ARMLS #4234411	$64,350	—
Oct 28, 2009	Sold (Public Record) Public Record #277571805	$64,350	—
Oct 28, 2009	Sold (Public Record) Public Record #777571805	$64,350	+12.2% / yr
Oct 20, 2009	Pending ARMLS #4234411		—
Oct 10, 2009	Listed (Active) ARMLS #4271035	$115,000	—
Aug 9, 2009	Listed (Active) ARMLS #4234411	$79,500	—
Apr 9, 2009	Sold (Public Record) Public Record #270208107	$60,375	-37.9% / yr
Mar 24, 2009	Withdrawn ARMLS #4085402	$60,000	—
Dec 10, 2008	Withdrawn ARMLS #4031252	$144,100	—
Dec 10, 2008	Listed (Active) ARMLS #4085402	$141,400	—
Sep 12, 2008	Listed (Active) ARMLS #4031252	$161,500	—
Sep 11, 2008	Withdrawn ARMLS #2980187	$329,000	—
Aug 1, 2008	Withdrawn ARMLS #2987762	$170,000	—
May 8, 2008	Listed (Active) ARMLS #2987762	$170,000	—
Apr 25, 2008	Withdrawn ARMLS #2978995	$359,000	—
Apr 24, 2008	Listed (Active) ARMLS #2978995	$359,000	—
Apr 15, 2008	Withdrawn ARMLS #2584053	$359,000	—
Apr 15, 2008	Listed (Active) ARMLS #2980187	$349,000	—
Oct 3, 2006	Withdrawn ARMLS #2584051	$399,900	—
Jul 27, 2006	Listed (Active) ARMLS #2584053	$414,900	—
Jul 26, 2006	Listed (Active) ARMLS #2584051	$399,900	—
Aug 15, 2005	Sold ARMLS #2309029	$359,000	—
Aug 15, 2005	Sold ARMLS #2309027	$347,000	—
Aug 8, 2005	Sold (Public Record) Public Record #163522102	$347,000	—
Aug 1, 2005	Sold (Public Record) Public Record #163650650	$359,000	—
Aug 1, 2005	Sold (Public Record) Public Record #163650650	$359,000	+59.6% / yr
Jul 6, 2005	Pending ARMLS #2309029		—
Jul 6, 2005	Pending ARMLS #2309027		—
May 10, 2005	Listed (Active) ARMLS #2309029	$359,000	—
May 10, 2005	Listed (Active) ARMLS #2309027	$347,000	—
Feb 6, 2005	Sold (Public Record) Public Record #151671700	$286,620	—
Feb 6, 2005	Sold (Public Record) Public Record #151671703	$274,380	+862.6% / yr
Dec 17, 2004	Sold (Public Record) Public Record #148778332	$200,000	+6.9% / yr
Dec 4, 2001	Sold (Public Record) Public Record #81507456	$163,330	-10.5% / yr
Mar 27, 1990	Sold (Public Record) Public Record #3053528	$600,000	—
Mar 27, 1990	Sold (Public Record) Public Record #3053518	$600,000	—

Date	Event & Source	Price
12/01/2021	Sold ARMLS #6303571	$675,000
11/29/2021	Sold (Public Record) Public Record #1478927041	$675,000 +20.1% / yr
10/13/2021	Pending ARMLS #6303571	—
10/05/2021	Listed (Active) ARMLS #6303571	$650,000
10/19/2020	Sold ARMLS #6103730	$550,000
10/16/2020	Sold (Public Record) Public Record #680125140	$550,000 +40.7% / yr
08/28/2020	Pending ARMLS #6103730	—
07/21/2020	Listed (Active) ARMLS #6103730	$600,000
02/28/2019	Sold (Public Record) Public Record #640301444	$315,000
02/25/2019	Sold (Public Record) Public Record #640066583	$315,000 +14.5% / yr
03/23/2015	Sold (Public Record) Public Record #491210196	$185,000
03/23/2015	Sold (Public Record) Public Record #991210196	$185,000 +10.1% / yr
05/07/2014	Sold (Public Record) Public Record #914686017	$170,000
05/07/2014	Sold (Public Record) Public Record #414686017	$170,000 -9.1% / yr
09/25/2013	Sold (Public Record) Public Record #868894028	$180,250
09/25/2013	Sold (Public Record) Public Record #368894028	$180,250 +11.0% / yr
04/03/2013	Sold ARMLS #4894130	$161,000
03/15/2013	Pending ARMLS #4894130	—
02/21/2013	Listed (Active) ARMLS #4894130	$175,000
07/25/2012	Sold ARMLS #4760808	$158,000
06/20/2012	Sold (Public Record) Public Record #334745856	$158,000 +71.1% / yr
06/15/2012	Pending ARMLS #4760808	—
05/17/2012	Listed (Active) ARMLS #4760808	$169,900
04/13/2012	Sold ARMLS #4700319	$138,000
04/11/2012	Pending ARMLS #4700319	—
03/20/2012	Sold (Public Record) Public Record #328327774	$138,000 +35.6% / yr
01/10/2012	Listed (Active) ARMLS #4700319	$164,500
11/20/2011	Withdrawn ARMLS #4641816	$164,900
09/05/2011	Listed (Active) ARMLS #4641816	$195,000
06/16/2010	Sold ARMLS #4388074	$80,400
06/11/2010	Sold (Public Record) Public Record #290697867	$80,400 -61.8% / yr
05/25/2010	Pending ARMLS #4388074	—
05/09/2010	Listed (Active) ARMLS #4388074	$69,900
04/29/2010	Withdrawn ARMLS #4271035	$115,000
02/26/2010	Sold (Public Record) Public Record #283930453	$106,000 +351.1% / yr
10/30/2009	Sold ARMLS #4234411	$64,350
10/28/2009	Sold (Public Record) Public Record #277571805	$64,350
10/28/2009	Sold (Public Record) Public Record #777571805	$64,350 +12.2% / yr
10/20/2009	Pending ARMLS #4234411	—
10/10/2009	Listed (Active) ARMLS #4271035	$115,000
08/09/2009	Listed (Active) ARMLS #4234411	$79,500
04/09/2009	Sold (Public Record) Public Record #270208107	$60,375 -37.9% / yr
03/24/2009	Withdrawn ARMLS #4085402	$60,000
12/10/2008	Withdrawn ARMLS #4031252	$144,100
12/10/2008	Listed (Active) ARMLS #4085402	$141,400
09/12/2008	Listed (Active) ARMLS #4031252	$161,500
09/11/2008	Withdrawn ARMLS #2980187	$329,000
08/01/2008	Withdrawn ARMLS #2987762	$170,000
05/08/2008	Listed (Active) ARMLS #2987762	$170,000
04/25/2008	Withdrawn ARMLS #2978995	$359,000
04/24/2008	Listed (Active) ARMLS #2978995	$359,000
04/15/2008	Withdrawn ARMLS #2584053	$359,000
04/15/2008	Listed (Active) ARMLS #2980187	$349,000
10/03/2006	Withdrawn ARMLS #2584051	$399,900
07/27/2006	Listed (Active) ARMLS #2584053	$414,900
07/26/2006	Listed (Active) ARMLS #2584051	$399,900
08/15/2005	Sold ARMLS #2309029	$359,000
08/15/2005	Sold ARMLS #2309027	$347,000
08/08/2005	Sold (Public Record) Public Record #163522102	$347,000
08/01/2005	Sold (Public Record) Public Record #163650650	$359,000
08/01/2005	Sold (Public Record) Public Record #163650650	$359,000 +59.6% / yr
07/06/2005	Pending ARMLS #2309029	—
07/06/2005	Pending ARMLS #2309027	—
05/10/2005	Listed (Active) ARMLS #2309029	$359,000
05/10/2005	Listed (Active) ARMLS #2309027	$347,000
02/06/2005	Sold (Public Record) Public Record #151671700	$286,620
02/06/2005	Sold (Public Record) Public Record #151671703	$274,380 +862.6% / yr
12/17/2004	Sold (Public Record) Public Record #148778332	$200,000 +6.9% / yr
12/04/2001	Sold (Public Record) Public Record #81507456	$163,330 -10.5% / yr
03/27/1990	Sold (Public Record) Public Record #3053528	$600,000
03/27/1990	Sold (Public Record) Public Record #3053518	$600,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2927 North 38th Street

Taxable ValueLand-Additions-Total-

Tax Record2025$1,676 ($140 / month)

Home Facts

Total Finished SqFt2,860 SqFtAbove Grade Finished SqFt2,860 SqFtStories2Lot Size7,636 SqFtStyleQuadraplexYear Built1964ZoningR-4CountyMARICOPAAPN127-21-008B

Schools near 2927 North 38th Street

This home is within Phoenix Union High School District.


Rating	School	Type	Grades	Distance
3/10	Monte Vista Elementary School	Public - Serves this home	PK to 8	0.6 mi
3/10	Phoenix Coding Academy	Public - Serves this home	9 to 12	4.5 mi
3/10	Camelback High School	Public - Serves this home	9 to 12	2.1 mi
5/10	Creighton Virtual Academy	Public - Nearby school	K to 8	1.4 mi
4/10	Phoenix Union-Wilson College Preparatory	Public - Choice school	9 to 12	2.1 mi
10/10	Phoenix Union Bioscience High School	Public - Choice school	9 to 12	4.3 mi
NR	Christ Lutheran School	Private - Nearby school	PK to 8	0.9 mi


Rating	School	Distance
3/10	Monte Vista Elementary School PublicPK to 8 Serves this home	0.6 mi
3/10	Phoenix Coding Academy Public9 to 12 Serves this home	4.5 mi
3/10	Camelback High School Public9 to 12 Serves this home	2.1 mi
5/10	Creighton Virtual Academy PublicK to 8 Nearby school	1.4 mi
4/10	Phoenix Union-Wilson College Preparatory Public9 to 12 Choice school	2.1 mi
10/10	Phoenix Union Bioscience High School Public9 to 12 Choice school	4.3 mi
NR	Christ Lutheran School PrivatePK to 8 Nearby school	0.9 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ATLAS AZ, LLC

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ARMLS logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ARMLSListing information Copyright© 2026 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.

2927 N 38th StPhoenix, AZ 85018

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2927 N 38th St
Phoenix, AZ 85018