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Located at 3311 N 32nd Street, Phoenix, Arizona 85018, this Other is for Sale with a price of $1,195,000 USD. The property was built in 1965,. See all Homes for Sale in Phoenix.
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10. 3311 N 32nd Street
1. 3311 N 32nd Street
2. 3311 N 32nd Street
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ArizonaPhoenix3311 N 32nd Street

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Description

3311 N 32nd Street,

#OFC, Phoenix, AZ 85018

Just listed in a prime central Phoenix location3311 N 32nd St is a well-maintained 4-plex offering strong rental income and room for upside. Situated in a rapidly developing area with easy access to dining, shopping, and major freeways, this property is ideal for both seasoned investors and those entering the multi-family market. The current rents are solid with Unit 1 leasing at $1,300 and Unit 4 at $1,200, both on 12-month leases. Unit 2 is currently rented at $1,000 month-to-month, and Unit 3 is bringing in $946 month-to-month, allowing flexibility for future rent adjustments or improvements. All four units have received updates over time, making them more appealing to tenants and minimizing turnover concerns. Major system upgrades have already been taken care of, including all A/C A/C units being less than five years old and a newer roofsaving you on future capital expenses. With two of the units on month-to-month terms, there's an immediate opportunity to increase rents or further enhance the units to boost long-term returns. This is a great opportunity to own a cash-flowing asset in one of Phoenix's most desirable rental corridors.

This is an Active listing.

Broker Office Phone Number: 480-409-9000

Copyright © 2025Arizona Regional Multiple Listing Service, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities

  • Carpet
  • Carpeted Floors
  • Garbage Disposal
  • Tile Flooring
  • Dryer Included
  • Ceramic Flooring
  • Washer / Dryer
  • Composition Shingle Roof
Listing By: Venture REI, LLC via Data Source: Arizona Regional Multiple Listing Service, Inc. 
$1,195,000
price
$2,294
Annual taxes
Other
Property type
1965
Year Built
Phoenix Union High
School District
Phoenix Union High
School District
phoenix-union-high-school-district-phoenix-az
Schools
Monte Vista Elementary School
Elementary
Monte Vista Elementary School
Middle
Camelback High School
High
16050650
Web Id
6897503
MLS ID
7
Days Posted

Price History

datepricevariancetype
7/25/2025$1,195,000-Listed
listing agent: Frank Gerola
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    new listing

    3311 N 32nd Street, #OFC
    Phoenix, AZ 85018

    $1,195,000