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5038 N 18th Ave, Phoenix, AZ 85015
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5038 N 18th Ave, Phoenix, AZ 85015
5038 N 18th Ave, Phoenix, AZ 85015
5038 N 18th Ave, Phoenix, AZ 85015
5038 N 18th Ave, Phoenix, AZ 85015

5038 N 18th Ave Phoenix, AZ 85015

$570,000

ACTIVE
Beds
9
Baths
3
Sqft
Year
1984
Days on Site
1 Hour
Property Type
Multiple Dwellings
Sub Type
Date Listed
Oct 7, 2026

Description of 5038 N 18th Ave, Phoenix, AZ 85015

Listing details for 5038 N 18th Ave, Phoenix, AZ 85015 : Remodeled 3-unit PadSplit investment near Valley Metro Rail at 19th Ave/Camelback. Two buildings total approximately 2,276 SF and are configured as nine furnished rentable rooms across three 3BR/1BA units. Seller reports $120,000+ in improvements, including updated kitchens, baths, flooring, windows, plumbing, electrical, lighting, coded entry and full-size laundry. At $205 per room weekly, underwriting projects $95,202 GPI, $52,820 NOI and a 7.56% cap at the $699,000 asking price after 7% vacancy. Furnishings convey as-is. Buyer to verify all facts, figures, PadSplit operations, permits and compliance.
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Listing Updated : 10-07-2026 at 11:30 AM MST
Listing Provided By : Linda S Gerchick, 602-688-9279, Gerchick Real Estate
Source :

ARMLS, MLS#: 7090472

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

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For more information on this listing contact us at 623-206-9936

Property History

DateEventPrice
10/7/2026
Listed for sale
$570,000 -18.5%
Source:ARMLS #7090472
9/3/2026
Price Change
$699,000 0%
Source:ARMLS #7058179
9/3/2026
Listing removed
$699,000 -2.2%
Source:ARMLS #7058179
7/24/2026
Listed for sale
$715,000
Source:ARMLS #7058179
Home Worth Check

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5038 N 18th Ave, Phoenix, AZ 85015
For more information on this listing contact us at 623-206-9936