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$795,000

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1318 E CULVER Street Phoenix, AZ 85006

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DEREK HAGAN

derekhaganrealty@gmail.com +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 $1,000

Year Built 1985

Annual Tax Amount $1,724

Tax Year 2025

Lot Dimensions 49X150

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

All 2 Bedrooms presents a compelling value-add investment opportunity in a strong Phoenix rental submarket. The property features a mix of renovated and unrenovated units, allowing an investor to capture immediate upside through continued unit upgrades and rent optimization. Two units have been recently renovated, offering modernized interiors and setting a clear benchmark for future improvements. The remaining units provide a clear path for additional value creation through renovation and repositioning. The roof is +/-5 years old, and three AC units are +/- 3 years old, Unit #3 Just became Vacant for an opportunity to Renovate. With strong rental demand in Phoenix, proximity to employment centers, Downtown Phoenix and Freeways this asset is well-positioned for increased cash 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

Listed by Better Homes & Gardens Real Estate SJ Fowler

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES

Elementary Schools 20

10

Arizona School for the Arts

Public | 5 - 12
10

Faith North Elementary School

Public | PK - 8
8

Villa Montessori - Phoenix Campus

Public | KG - 8
6

Great Hearts Academies - Teleos Preparatory

Public | KG - 12
6

Biltmore Preparatory Academy

Public | KG - 8
5

Clarendon School

Public | PK - 8
5

Kenilworth Elementary School

Public | PK - 8
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
5

Wilson Elementary School

Public | 4 - 8
4

Capitol Elementary School

Public | PK - 8
4

Mary Mcleod Bethune School

Public | PK - 8
4

Encanto School

Public | PK - 8
4

Lowell Elementary School

Public | PK - 8
4

Asu Preparatory Academy- Phoenix Elementary School

Public | KG - 10
4

Silvestre S Herrera School

Public | PK - 8
4

Excelencia School

Public | KG - 8
3

Arizona Virtual Academy

Public | KG - 12

Middle Schools 5

7

Metropolitan Arts Institute

Public | 7 - 12
5

Osborn Middle School

Public | 7 - 8
0

Brophy College Preparatory

Private | 6 - 12
0

Arizona Insight Academy

Public | 7 - 12
0

Youth Development Institute School

Private | 7 - 12

High Schools 18

10

Phoenix Union Bioscience High School

Public | 9 - 12
8

Franklin Police and Fire 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
3

Camelback 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

Tumbleweed Transitional Learning Center

Public | 9 - 12
0

School for Integrated Academics and Technologies

Public | 11 - 12
0

St Marys High School

Private | 9 - 12
0

Xavier College Preparatory

Private | 9 - 12
0

Genesis Academy

Public | 9 - 12
0

Suns-Diamondbacks Education Academy

Public | 11 - 12
0

Mosaica Online High School of Arizona

Public | 9 - 12
0

Career Success High School - Robert L. Duffy

Public | 9 - 12

School and business data provided by Attom Data.

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DEREK HAGAN

Agent | License ID: SA704645000

+1(661) 406-9155

1318 E CULVER Street Phoenix, AZ 85006

DEREK HAGAN

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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1318 E CULVER Street