2947 N 39th Street, Phoenix, AZ 85018

$1,998,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,998,000
Days on Market
0
Status
ACTIVE
MLS#
7060274
City
Phoenix
Subdivision
East Citrus Acres Plat C
Year Built
1960

Property Description

Desert Jewel is an 11-unit, garden-style apartment community built in 1960 and renovated in 2017, located in the highly desirable Arcadia-Lite submarket of Phoenix. The property is individually metered for electricity and offers ample resident parking, including a covered carport. The unit mix consists of (2) 1-bed/1-bath, (2) 2-bed/1-bath, and (7) 2-bed/2-bath units averaging 823 SF. Current interior renovations feature stainless steel appliances, kitchen islands, updated light fixtures, and in-suite washer & dryer. A light value-add opportunity remains through exterior renovations. Ideally positioned just minutes from Biltmore Fashion Park, Camelback Mountain hiking trails, Biltmore Golf Club, and Downtown Phoenix. Seller recently replaced underground sewer line.

Additional Information

Community Features
No Pool
Construction
Block, Painted, Stone
Cooling
Central Air, Varies by Unit, Ceiling Fan(s)
Electric
City Electric, Individual Meter
Heating
Varies by Unit, Central
New Financing
Conventional, Cash
Parking Features
Carport, On Street, >1 Space Per Unit
Roofing
Composition
Subdivision
East Citrus Acres Plat C
Taxes
$6,363
Tax Year
2025
Tenant Pays
Electricity, Gas
Units
11
Water
City Franchise
Zoning
R-3

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of ABI Multifamily.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.