3702 E Polk Street, Phoenix, AZ 85008

Phoenix
Local realty services provided by:HUNT Real Estate ERA
3702 E Polk Street,Phoenix, AZ 85008
$525,000
  • 8 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: eric p hegarty
Office: levrose real estate
MLS#:7055439
Source:ARMLS

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Price summary

  • Price:$525,000

About this home

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.

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Home facts

  • Year built:1983
  • Listing ID #:7055439
  • Updated:September 07, 2026 at 06:54 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Flooring:Carpet, Tile, Vinyl

Heating and cooling

  • Cooling:Heat Pump, Individual Cooling
  • Heating:Electric, Individual Heating

Structure and exterior

  • Year built:1983
  • Construction Materials:Block, Stucco

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$525,000
  • Tax amount:$1,080 (2025)

Parking

  • Total parking spaces:8
  • Parking description:More Than 1 Parking Space/Unit
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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