Phoenix, AZ 85013,4118 N 3RD Avenue
Phoenix, AZ 85013,4118 N 3RD Avenue
Phoenix, AZ 85013,4118 N 3RD Avenue
Phoenix, AZ 85013,4118 N 3RD Avenue
Phoenix, AZ 85013,4118 N 3RD Avenue
Phoenix, AZ 85013,4118 N 3RD Avenue
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Eric Ravenscroft, CRS

Eric Ravenscroft, CRS

+1(480) 269-5858
$ 635,000
Est. payment | /mo
Save
$ 635,000
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Indian Park

MLS Listing ID 6937740

Year Built 1952

Annual Tax Amount $1,161

Tax Year 2024

Lot Dimensions 112x66

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

4118 N 3rd Ave is a 3-unit apartment community located in the Midtown Submarket of Phoenix, Arizona. Originally constructed in 1952, the property has undergone significant capital improvements over recent years, including interior updates, brand new plumbing system with 100% PEX , newer roof, water heaters, upgraded electrical, and added private fencing. The building consists of (3) one-bedroom, one-bathroom floor plans and a covered parking spot for each unit. Each unit is currently occupied at below market rents, allowing for considerable rental upside. New ownership acquire a renovated and well-performing asset with near-term upside in a highly desirable and centralized location along the Central Avenue Corridor.

Location

State AZ

County Maricopa

Community Indian Park

Area Maricopa

Zoning R4

Interior

Heating Heat Pump, Electric

Cooling Central Air, Ceiling Fan(s), Electric, Heat Pump, Individual

Flooring Ceramic Tile

Appliance Disposal, Refrigerator, Free-Standing Electric Oven

Exterior

Parking Features Add'l Parking Avail, 1 Space/Unit, Carport

Community Features See Remarks, No Pool

Roof Type Composition

Private Pool No

Building

Sewer Sewer-In & Connected, Public Sewer

Water Master Meter, City Franchise

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 155-32-058

Acceptable Financing Conventional

Disclosures Seller Prop Disc Stm

Listing Terms Conventional

Arizona Regional MLS (ARMLS)

Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by Matthews Real Estate Investment Services

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Eric Ravenscroft, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

NEARBY LOCATIONS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Arizona School for the Arts

    Public | 5 - 12

  • 10

    Madison Traditional Academy

    Public | KG - 8

  • 8

    Madison Meadows School

    Public | 5 - 8

  • 8

    Madison Rose Lane School

    Public | PK - 5

  • 7

    Amerischools Academy - Camelback

    Public | KG - 12

  • 6

    Bennett Academy

    Public | KG - 8

  • 6

    Magnet Traditional School

    Public | KG - 8

  • 6

    Madison #1 Elementary School

    Public | 5 - 8

  • 5

    Pan-American Charter School

    Public | KG - 12

  • 5

    Westwood Primary School

    Public | KG - 3

  • 5

    Clarendon School

    Public | PK - 8

  • 5

    Kenilworth Elementary School

    Public | PK - 8

  • 5

    New World Educational Center

    Public | KG - 12

  • 5

    Madison Park School

    Public | 1 - 8

  • 5

    Whittier Elementary School

    Public | PK - 8

  • 5

    Madison Camelview Elementary School

    Public | PK - 4

  • 5

    Loma Linda Elementary School

    Public | PK - 8

  • 4

    Maie Bartlett Heard School

    Public | PK - 8

  • 4

    Imagine Camelback Elementary School

    Public | KG - 5

  • 4

    Capitol Elementary School

    Public | PK - 8

Middle Schools 7
  • 7

    Metropolitan Arts Institute

    Public | 7 - 12

  • 5

    Osborn Middle School

    Public | 7 - 8

  • 4

    Imagine Camelback Middle School

    Public | 6 - 8

  • 1

    The Learning Institute

    Public | 7 - 12

  • 0

    Brophy College Preparatory

    Private | 6 - 12

  • 0

    Arizona Insight Academy

    Public | 7 - 12

  • 0

    Youth Development Institute School

    Private | 7 - 12

High Schools 20
  • 10

    Phoenix Union Bioscience High School

    Public | 9 - 12

  • 8

    Franklin Police and Fire High School

    Public | 9 - 12

  • 7

    Washington High School

    Public | 9 - 12

  • 7

    Metro Tech High School

    Public | 9 - 12

  • 7

    Phoenix College Preparatory Academy

    Public | 9 - 12

  • 6

    Asu Preparatory Academy- Phoenix High School

    Public | 9 - 11

  • 5

    Girls Leadership Academy of Arizona

    Public | 9 - 12

  • 5

    North High School

    Public | 9 - 12

  • 4

    Central High School

    Public | 9 - 12

  • 1

    Arizona Call-a-Teen Center for Excellence

    Public | 9 - 12

  • 1

    Kaizen Education Foundation Dba Summit High School

    Public | 9 - 12

  • 0

    Career Success High School - Main Campus

    Public | 9 - 12

  • 0

    Career Success High School - Glendale

    Public | 9 - 12

  • 0

    Bostrom Alternative Center

    Public | 9 - 12

  • 0

    West-Mec - Washington High School

    Public | 9 - 12

  • 0

    Tumbleweed Transitional Learning Center

    Public | 9 - 12

  • 0

    Valley Lutheran High School

    Private | 9 - 12

  • 0

    St Marys High School

    Private | 9 - 12

  • 0

    Xavier College Preparatory

    Private | 9 - 12

  • 0

    Genesis Academy

    Public | 9 - 12

School and business data provided by Attom Data.
Eric Ravenscroft, CRS

"We Aspire to Be Great By Serving Others. Welcome to A Real Estate Experience Like No Other"

+1(480) 269-5858

eric@theravenscroftgroup.com

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Eric Ravenscroft, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

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4118 N 3RD Avenue