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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.
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price | Valuation Date | Valuation Price |
|---|---|---|---|---|---|---|
| 1212 W OREGON Avenue | Listing | 3 | 2 | Oct 28, 2025 | $548,500 | Mar 21, 2024 | $619,046 |
| 5615 N 11TH Avenue | Listing | 3 | 3 | Oct 15, 2025 | $575,000 | Mar 21, 2024 | $566,645 |
| 3735 N 11TH Street | Listing | 3 | 2 | Oct 15, 2025 | $585,000 | Jun 25, 2024 | $447,171 |
| 1105 W INDIAN SCHOOL Road | Listing | 3 | 1 | Oct 13, 2025 | $365,000 | Mar 21, 2024 | $364,009 |
| 1333 E DEVONSHIRE Avenue | Listing | 3 | 2 | Oct 28, 2025 | $550,000 | Mar 21, 2024 | $455,214 |
| 3827 N 8TH Avenue | Listing | 4 | 1 | Nov 06, 2025 | $375,000 | Mar 21, 2024 | $414,524 |
| 2011 W Hazelwood Street | 3 | 2 | Oct 28, 2025 | $310,000 | Dec 05, 2025 | - |
| 509 W MISSOURI Avenue | Listing | 4 | 3 | Nov 26, 2025 | $440,000 | Feb 15, 2023 | $653,000 |
| 1735 W COLTER Street | 3 | 2 | Oct 20, 2025 | $250,000 | Dec 05, 2025 | - |
| 2219 W HIGHLAND Avenue | Listing | 3 | 2 | Nov 13, 2025 | $349,000 | Dec 12, 2022 | $441,100 |
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 22,250 | 1,629,970 | 4,523,877 | 335,858,263 |
| Population Density | 5,987 | 3,149 | 492 | 95 |
| People per Household | 2.1 | 2.7 | 2.7 | 2.6 |
| Median Age | 41.4 | 35.4 | 37.3 | 39.1 |
| Median Income | $60,798 | $61,459 | $68,280 | $66,222 |
| Average Income | $42,665 | $30,882 | $34,389 | $35,475 |
| Cost of Living Index | 80 | 104 | 104 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 39.2°F | 39.2°F | 43.4°F | 22.6°F |
| July Avg. High Temp | 104.2°F | 104.2°F | 104.2°F | 86.2°F |
| Annual Precipitation | 7.78" | 7.78" | 8.29" | 38" |
82/100
Walk Score ®
53/100
Transit Score ®
93/100
Bike Score ®
6 nearby routes: 5 bus, 1 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 59/100, Transit Score: 46/100, Bike Score: 62/100.
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475 ft
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211 ft
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475 ft
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950 ft
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581 ft
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3 bds • 1 ba • 1120 sqft
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3 bds • 2 ba • 1402 sqft
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3 bds • 2 ba • 1256 sqft
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3 bds • 2 ba • 1493 sqft
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3 bds • 1 ba • 1125 sqft
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2 bds • 2 ba • 1089 sqft
1 E LEXINGTON Avenue 1502
2 bds • 2 ba • 1089 sqft
1 E LEXINGTON Avenue 1302
2 bds • 2 ba • 1297 sqft
1 E Lexington Avenue 701
2 bds • 2 ba • 1261 sqft
1 E LEXINGTON Avenue 1101
2 bds • 2 ba • 1169 sqft
1 E LEXINGTON Avenue 1004
2 bds • 2 ba • 1109 sqft
3131 N CENTRAL Avenue 6010
Source: Realty.com
4118 N 3RD Avenue, Phoenix, AZ 85013 is a Multi Family, Residential Income property listed for $635,000 The property is - sq. ft with - bedrooms and 0 bathrooms
Realty.com has 17 photos of 4118 N 3RD Avenue.
Our records indicate that 4118 N 3RD Avenue was built in 1952.
The full address for this home is 4118 N 3RD Avenue, Phoenix, AZ 85013.
4118 N 3RD Avenue has been listed on Realty.com since Thu October 23, 2025
Most errands can be accomplished on foot. Many nearby public transportation options. Daily errands can be accomplished on a bike.
The average walkability score in the surrounding area is Walk Score: 59/100, Transit Score: 46/100, Bike Score: 62/100.
There are 1 schools assigned to this home. Check out the schools near 4118 N 3RD Avenue. Pxu Digital Academy (Grades: 9 - 12)
Listing provided courtesy of:
Matthews Real Estate Investment Services
(tel: 3103880788)
Listing agent:
Bradley Skenderian
(#bs695)
This content last refreshed on 2025-12-05 23:15:28. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 4118 N 3RD Avenue, Phoenix, AZ 85013 : MLS# 6937740