3702 E Polk Street, Phoenix, AZ 85008
3702 E Polk Street, Phoenix, AZ 85008
3702 E Polk Street, Phoenix, AZ 85008
3702 E Polk Street, Phoenix, AZ 85008
3702 E Polk Street, Phoenix, AZ 85008
3702 E Polk Street, Phoenix, AZ 85008
See all 8 photos

$525,000

$575,000

8.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

8 Beds


SOLD DATE : 08/25/2026

Key Details

Sold Price $525,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 7055439

Sold Date 08/25/26

Bedrooms 8

Year Built 1983

Annual Tax Amount $1,080

Tax Year 2025

Lot Dimensions 108 X 52

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Exceptional investment opportunity to acquire a well-located four-unit apartment Ideally situated just minutes from Downtown Phoenix, Phoenix Sky Harbor International Airport, and major freeways, this property offers strong rental demand and outstanding value-add potential.
The property features four 2-bedroom, 1-bathroom units, providing an attractive unit mix for tenants. Investors will appreciate the significant upside in rental income, with below-market rents offering the opportunity to increase cash flow over time.
Recent capital improvements include a roof replaced approximately 6 years ago and two HVAC units replaced approximately 5 years ago, helping to minimize near-term maintenance costs. Each unit is individually metered for electricity, while low City of Phoenix water, sewer, Trash and taxes contribute to an efficient operating expense ratio. All facts and figures are approximate, buyer to verify to their own satisfaction.

Location

State AZ

County Maricopa

Area Maricopa

Zoning R-3

Direction From Van Buren & 37th St. North to Polk, Property is on the Northeast Corner.

Interior

Heating Individual, Electric

Cooling Heat Pump, Individual

Flooring Carpet

Appliance Refrigerator, Free-Standing Electric Oven

Exterior

Parking Features >1 Space Per Unit

Community Features Other

Roof Type Composition

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Others

Senior Community No

Tax ID 121-14-048

Acceptable Financing Conventional

Disclosures None

Listing Terms Conventional

Financing Conventional

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Arizona Regional MLS (ARMLS)
Listed by Levrose Real Estate • Eric P Hegarty
Bought with Axen Realty, LLC

Nearby Locations

James Sanson

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(602) 617-3017

james@jamessanson.com

3707 E. Southern Ave # 1074, Mesa, AZ 85206, USA

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