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Newest Real Estate For Sale In North Central Phoenix

$715,000
7058179 MLS
Fully renovated, income-producing three-unit investment property located at 5038 N 18th Avenue in Phoenix, just one block from the Valley Metro light rail. The property consists of a 899-square-foot main house and a 1,377-square-foot duplex, providing approximately 2,276 total square feet across three units. The property has undergone an extensive capital improvement and rehabilitation program, including new luxury vinyl plank flooring, modern baseboards, white vinyl windows, interior and exterior paint, remodeled kitchens with white shaker cabinets, quartz countertops and stainless-steel appliances, updated bathrooms, new plumbing fixtures, electrical upgrades, recessed lighting, ceiling fans, coded entry hardware, Wi-Fi-SEE THE SUPPLIMENT FOR MUCH MORE INFORMATION Fully renovated, income-producing three-unit investment property located at 5038 N 18th Avenue in Phoenix, just one block from the Valley Metro light rail. The property consists of a 899-square-foot main house and a 1,377-square-foot duplex, providing approximately 2,276 total square feet across three units. The property has undergone an extensive capital improvement and rehabilitation program, including new luxury vinyl plank flooring, modern baseboards, white vinyl windows, interior and exterior paint, remodeled kitchens with white shaker cabinets, quartz countertops and stainless-steel appliances, updated bathrooms, new plumbing fixtures, electrical upgrades, recessed lighting, ceiling fans, coded entry hardware, Wi-Fi-enabled thermostats, laundry improvements, exterior repairs, new landscaping rock and the addition of a third bedroom to each unit. The property will be leased to a single tenant under a new five-year nnn lease, providing the investor with predictable income and minimal ownership responsibilities. The tenant will be responsible for 100% of the property's operating expenses, including real estate taxes, property insurance, utilities, maintenance, repairs and other customary property-related expenses. Initial base rent will be $6,500 per month, or $78,000 annually. Rent will increase by $1,200 annually during each of Years 2, 3, 4 and 5, providing the following scheduled rental income: Year 1:$6,500 per month / $78,000 annually Year 2:$6,600 per month / $79,200 annually Year 3:$6,700 per month / $80,400 annually Year 4:$6,800 per month / $81,600 annually Year 5:$6,900 per month / $82,800 annually This offering provides investors with a newly renovated asset, contractual rental growth, limited landlord obligations and convenient access to public transportation, employment centers, shopping, dining and central Phoenix amenities. Once the lease is fully executed, all lease terms, rental amounts and income figures presented will reflect the final signed lease and will be 100% accurate as of the lease execution date. Buyer to verify all facts and figures. Location 5038 N 18th Avenue is centrally located in Phoenix's established Alhambra neighborhood, just south of Camelback Road. The property offers convenient access to the Camelback Road and 19th Avenue commercial corridors, Interstate 17, Central Phoenix, Midtown, Downtown Phoenix, and Grand Canyon University. A significant location advantage is the property's proximity to the Valley Metro Rail station at 19th Avenue and Camelback Road, approximately 0.2 miles away. Residents can walk to the station and access employment centers, educational institutions, sporting events, entertainment districts, Downtown Phoenix, Phoenix Sky Harbor International Airport connections, and destinations throughout the Valley Metro system. Area Amenities The surrounding neighborhood provides convenient access to grocery stores, restaurants, coffee shops, pharmacies, banks, fitness centers, medical services, schools, and other everyday necessities. The nearby Camelback Road, Bethany Home Road, 19th Avenue, and Central Avenue corridors offer a broad selection of national retailers, locally owned businesses, and neighborhood services. Residents are also within convenient driving or light-rail distance of: * Uptown Plaza and the Central Avenue dining corridor * The Melrose District's restaurants, boutiques, and locally owned businesses * Steele Indian School Park * Encanto Park and Encanto Golf Course * Phoenix College * Grand Canyon University * Downtown Phoenix's business, educational, medical, and cultural districts Entertainment Venues The property's central location provides access to numerous entertainment, cultural, and sporting destinations. Grand Canyon University's main campus is located at 3300 W Camelback Road and offers collegiate sporting events, concerts, theatrical productions, and other community activities. ([Grand Canyon University][2]) Additional destinations accessible by car or light rail include: * GCU Arena * Footprint Center * PHX Arena and Downtown Phoenix sporting events * Arizona Financial Theatre * Phoenix Convention Center * The Van Buren * Phoenix Art Museum * Heard Museum * Roosevelt Row Arts District * Chase Field * Downtown Phoenix restaurants and nightlife Major Employers The property is positioned near several of Central Phoenix's most significant employment centers. Grand Canyon University is located approximately two miles west of the property, while Banner Health's corporate offices are situated along Central Avenue. Banner-University Medical Center Phoenix, the City of Phoenix, Phoenix College, and Downtown Phoenix's government, healthcare, education, financial, hospitality, and professional-service employers are also readily accessible. Major area employers and employment centers include: * Grand Canyon University * Banner Health and Banner-University Medical Center Phoenix * City of Phoenix * State of Arizona * Phoenix College and the Maricopa County Community College District * Phoenix Union High School District * Maricopa County * Downtown Phoenix financial and professional-service firms * Phoenix Sky Harbor International Airport and its supporting employers Transportation The property offers excellent multimodal transportation access. The 19th Avenue/Camelback Valley Metro Rail station and park-and-ride facility are located approximately 0.2 miles from the property. The station is served by the Valley Metro B Line and connects the neighborhood with Midtown and Downtown Phoenix, Grand Canyon University-area destinations, Phoenix Sky Harbor International ([Valley Metro][1]) Bus service is available along both 19th Avenue and Camelback Road, providing additional connections throughout Central Phoenix. Interstate 17 is approximately one mile west of the property, offering convenient regional access to Downtown Phoenix, the West Valley, North Phoenix, Loop 101, and Interstate 10. The combination of walkable light-rail access, nearby bus routes, major arterial streets, and convenient freeway connectivity makes this location especially attractive to residents seeking transportation flexibility and access to major employment and entertainment destinations.

5038 N 18th Avenue, Phoenix

$1,695,000
4 Beds 4 Baths 7054247 MLS 4,259 SqFt.
Custom homes of this caliber rarely become available in North Central Phoenix. Completed in 2021, this thoughtfully rebuilt residence combines open, modern design with the generous lot size and lifestyle buyers are searching for. Double front doors open to dramatic living spaces where soaring vaulted ceilings, a striking fireplace, and a custom wet bar create an effortless setting for entertaining. A 12-foot multi-panel sliding glass wall disappears completely, extending the living area to the expansive covered patio and oversized backyard with plenty of room for a custom pool, guest casita, sport court, or future outdoor retreat. At the center of the home, the kitchen was designed for gathering, featuring an oversized quartz island, custom cabinetry, premium stainless steel appliances, and seamless flow into the great room. The private primary suite opens directly to the backyard and offers a spa-inspired bath with dual quartz vanities, an oversized walk-in shower, generous soaking tub, and an impressive custom-designed walk-in closet with extensive built-ins. Large secondary bedrooms each feature walk-in closets, while the oversized laundry room includes abundant storage and pedestal washer and dryer. A four-car garage with epoxy flooring, RV gate, and additional gated rear parking provide flexibility for collectors, recreational vehicles, or additional toys. Situated on more than one-third of an acre in the heart of North Central, this home offers exceptional newer construction, quality craftsmanship, and the space to create the backyard you've always envisioned. This, all just minutes from the area's favorite restaurants, neighborhood coffee shops, boutique shopping, and miles of canal and bridle path trails.

6755 N 7th Avenue, Phoenix

$425,000
2 Beds 3 Baths 7054236 MLS 1,280 SqFt.
This renovation was a thoughtful, six-figure transformation completed with long-term ownership in mind, where every finish was selected for quality, function, and design. Completed in 2021, improvements began with a completely reimagined kitchen featuring custom cabinetry, quartz countertops, and a full suite of new appliances, including the washer and dryer. Both bathrooms were refined with quartz surfaces, new fixtures, and a redesigned primary bath highlighted by a raised ceiling that creates a more open, spa-inspired retreat. The home's architectural character was elevated with an entirely new staircase, custom steel railings and open shelving handcrafted by Rouse Steel, designer lighting throughout, and luxury vinyl plank flooring installed across the entire residence. A Milgard Ultra sliding glass door connects the interior to the private outdoor space, while a 2022 Trane 16-SEER air conditioning system adds lasting comfort. Beyond the craftsmanship inside, the location is equally compelling. Just moments from Central Avenue and Camelback Road, you'll enjoy easy access to some of Phoenix's favorite locally owned restaurants, coffee houses, wine bars, boutique shopping, and the vibrant energy that has made the Central Corridor one of the city's most desirable places to call home. This is a residence for buyers who appreciate exceptional design and one of Phoenix's most sought-after lifestyles.

2 W Georgia Avenue Unit 9, Phoenix

$739,000
4 Beds 2 Baths 7052929 MLS 1,872 SqFt.
Rare Updated Home with Attached Secondary Living Space | 4 Bedrooms | Flexible Living | No HOA Beautifully updated and thoughtfully reimagined, this one-of-a-kind property offers the flexibility today's buyers are searching for. Situated on an oversized corner lot in one of Central Phoenix's most established neighborhoods, the home features a stylishly renovated primary residence paired with an attached secondary living space. Each enjoys its own private entrance, fenced yard, and outdoor living area, creating a remarkable sense of independence while remaining under one roof. Designed to adapt to every stage of life, this unique property is ideal for multi-generational living, extended family, long-term guests, a private home office, creative studio, or additional, flex living space. Step through the gates and discover mature shade trees, lush landscaping, and inviting outdoor spaces that create a peaceful retreat rarely found in such a central location. Inside, both living spaces have been tastefully updated, blending modern finishes with comfortable, functional design. The result is a home that feels fresh, welcoming, and move-in ready. Covered off-street parking adds even more everyday convenience. The primary residence and attached secondary living space each offer approximately 936 square feet with 2 bedrooms and 1 bath, providing approximately 1,872 square feet of thoughtfully designed living space. The separation between the two living areas offers exceptional privacy while preserving the comfort and convenience of a single home. For buyers seeking additional flexibility, the attached secondary living space may also offer future income-producing potential, subject to buyer verification of intended use and all applicable local regulations. Both main house and flex residence included in total living square footage. Located just minutes from the Melrose District, Uptown Phoenix, Downtown Phoenix, exceptional dining, shopping, and major employment centers, this property combines the character of an established neighborhood with the confidence of a beautifully updated home. Properties offering this combination of quality, versatility, and location are increasingly rare. Whether you're looking for a home that grows with your family, accommodates multiple generations, creates space to work or create, or simply offers options for the future, this is an opportunity unlike anything else on the market.

548 W San Juan Avenue, Phoenix

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