3702 E Polk Street Phoenix, AZ 85008
Listing Courtesy of: Arizona Regional MLS / Listed By: Eric Hegarty, Better Homes And Gardens Real Estate S.J. Fowler

  3702 E Polk Street Phoenix, AZ 85008

Active
$575,000 (USD)

Description

Exceptional investment opportunity to acquire a well-located four-unit apartment Ideally situated just minutes from Downtown Phoenix, Phoenix Sky Harbor International Airport, and major freeways, this property offers strong rental demand and outstanding value-add potential.
The property features four 2-bedroom, 1-bathroom units, providing an attractive unit mix for tenants. Investors will appreciate the significant upside in rental income, with below-market rents offering the opportunity to increase cash flow over time.
Recent capital improvements include a roof replaced approximately two years ago and two HVAC units replaced approximately two years ago, helping to minimize near-term maintenance costs. Each unit is individually metered for electricity, while low City of Phoenix water, sewer, Trash and taxes contribute to an efficient operating expense ratio. All facts and figures are approximate, buyer to verify to their own satisfaction.

MLS #:
7055439
Taxes
$1,080
Type
Multifamily
Year Built
1983
County
Maricopa County

Listed By

Eric Hegarty, Better Homes And Gardens Real Estate S.J. Fowler
Source
Arizona Regional MLS
Last checked Jul 17 2026 at 10:24 PM GMT+0000
Bathroom Details
Heating and Cooling
  • Electric
  • Individual
  • Heat Pump
Flooring
  • Carpet
  • Tile
  • Vinyl
Exterior Features
  • Stucco
  • Block
  • Roof: Composition
Utility Information
  • Sewer: Public Sewer
Parking
  • >1 Space Per Unit
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by Better Homes and Gardens Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Listing Data Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All Rights reserved
Information Deemed Reliable but not Guaranteed.
ARMLS Last Updated: 7/17/26 15:24.