About This Home

This 12-bedroom, 6-bathroom residential multi family at 1812 N 31ST Place in Phoenix, AZ is listed for $959,000. Built in 1972, on a N/A lot.

Key Features

  • Built in 1972

Property Details

6 full
1972

Amenities

A/C
Listing Description

Exceptional investment opportunity in the heart of Central Phoenix featuring six garden-style apartment units with an unbeatable location offering quick access to Downtown Phoenix, Arcadia, the SR-51, and Old Town Scottsdale. This well-positioned property consists of two spacious 3-bedroom/1-bath units, two 2-bedroom/1-bath units, and two studio apartments, providing a diverse unit mix ideal for attracting a wide range of tenants.

Several units have been fully renovated with stylish finishes, while others have been thoughtfully updated and still offer additional value-add potential for future improvements and increased rents. Each unit offers a comfortable layout with charming garden-style appeal, creating a welcoming atmosphere for residents.

Located near some of Phoenix's most Located near some of Phoenix's most popular dining, shopping, entertainment, and employment hubs, this property presents a rare opportunity for both seasoned investors and owner-users seeking strong upside potential in one of the Valley's most desirable rental corridors.

Monthly Cost Estimate

$5,129/mo

20% down · 6.5% · 30 years

Principal$694
Interest$4,156
Insurance$280

Estimates only. Actual payments may vary.

Location

1812 N 31ST Place

Phoenix, AZ 85008

Property Details

Flooring

LaminateTile

Construction

Wood Frame Painted

Heating

Natural Gas

Cooling

Electric

Appliances

Refrigerator

Questions & Answers

This 12-bedroom, 6-bathroom residential multi family at 1812 N 31ST Place is listed at $959,000. The estimated monthly payment is $5,129 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1972.

This property is listed by Carrie Lehrman.

CL

Carrie Lehrman

Agent at The SRL Group

Listed by The SRL Group · Broker phone: (480) 338-9641 · View on Broker Site · Broker website

MLS# 7033472· Source: Arizona Regional Multiple Listing Service, Inc.· 162 days on PropertySimple

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1812 N 31ST Place, Phoenix, AZ 85008

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