1318 E CULVER Street, Phoenix, AZ 85006
1318 E CULVER Street, Phoenix, AZ 85006
1318 E CULVER Street, Phoenix, AZ 85006
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$771,000
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1318 E CULVER Street Phoenix, AZ 85006

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DEREK HAGAN

DEREK HAGAN

+1(661) 406-9155

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Burroughs

MLS Listing ID 6974630

Maintenance Fees $1,600

Year Built 1985

Annual Tax Amount $1,724

Tax Year 2025

Lot Dimensions 49X150

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

*MOTIVATED SELLER* ALL 2 Bedrooms presenting a compelling value-add investment opportunity in a strong Phoenix rental submarket. The property features a mix of Two renovated units setting a clear path for addition value creation. The Proforma is off of conservative market rent of $1200 per unit. Actual Rents are $1173, $1071, $895 and 1 Vacant being turned after recent longtime tenant move out. The roof is +/-5 years old, and three AC units are +/- 3 years old. Central Phoenix, Location and close proximity to employment centers, Downtown Phoenix and Freeways. This asset is well-positioned for cash flow and appreciation for many years to come. All facts and figures are approximate, Buyer to verify to their own satisfaction. flow and long-term appreciation. All facts and figures are approximate, Buyer to verify to their own satisfaction.

Location

State AZ

County Maricopa

Community Burroughs

Area Maricopa

Zoning R-3

Direction South on 12th St, E on Culver, Building is on the North Side of the Street.

Interior

Heating Heat Pump, Electric

Cooling Electric, Heat Pump, Individual

Flooring Carpet

Appliance Refrigerator, Free-Standing Electric Oven

Exterior

Parking Features <1 Space Per Unit

Community Features See Remarks

Roof Type Composition

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 116-22-140

Acceptable Financing Conventional

Disclosures None

Listing Terms Conventional

Arizona Regional MLS (ARMLS)

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

Listed by Better Homes & Gardens Real Estate SJ Fowler • Eric P Hegarty

NEARBY SCHOOLS & PROPERTIES

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DEREK HAGAN

DEREK HAGAN

Agent | License ID: SA704645000

+1(661) 406-9155

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1318 E CULVER Street