Listing provided courtesy of Levrose Real Estate- MLS# 6974630MLS Provider

1318 E CULVER StreetPhoenix, AZ 85006

Multi-Family
$766,500 Active

1318 E CULVER Street Overview

Time on Site:
155 days
Visits:
0

*MOTIVATED SELLER* ALL 2 Bedrooms presenting a compelling value-add investment opportunity in a strong Phoenix rental submarket. The property features a mix of Three renovated units setting a clear path for addition value creation. The Proforma is off of conservative market rent of $1200 per unit. Actual Rents are $1173, $1071, $895. The roof is +/-5 years old, and three AC units are +/- 3 years old. Central Phoenix, Location and close proximity to employment centers, Downtown Phoenix and Freeways. This asset is well-positioned for cash flow and appreciation for many years to come. All facts and figures are approximate, Buyer to verify to their own satisfaction. flow and long-term appreciation. All facts and figures are approximate, Buyer to verify to their own satisfaction.

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1318 E CULVER Street Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: Phoenix Union High School District

Income/Expenses

  • Gardener Expense: 600.0
  • Gross Income: 55872.0
  • Gross Scheduled Income: 57600.0
  • Insurance Expense: 1800.0
  • Maintenance Expense: 1600.0
  • Net Operating Income: 46763.0
  • Operating Expense: 9109.0
  • Water Sewer Expense: 3385.0

Building Information

  • Year Built: 1985

Location/Region

  • Country: US
  • County Or Parish: Maricopa
  • Postal City: Phoenix
  • Subdivision Name: BURROUGHS
  • Township: 1N

Community/Development

  • Community Features: See Remarks

Tax Information

  • Tax Annual Amount: $1,724.00
  • Tax Year: 2025

General Information

  • Disclosures: None
  • Listing Terms: Conventional
  • Ownership: Fee Simple
  • Parcel Number: 116-22-140
  • Property Type: Multiple Dwellings
  • Zoning: R-3

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Electric: APS
  • Flooring: Tile,Laminate,Carpet,Vinyl

Exterior

Parking Information

  • Open Parking Spaces: 8.0
  • Parking Features: \u003c1 Space Per Unit

Lot Information

  • Additional Parcels: false
  • Lot Size Dimensions: 49X150
  • Number Of Buildings: 2
  • Road Surface Type: Asphalt
  • Water Source: City Franchise

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Wood Frame,Stucco
  • Roof: Composition

General Information

  • Number Of Units Total: 4
  • Sewer: Public Sewer

1318 E CULVER Street Neighborhood

Community

85006 (Phoenix) Demographics

31
Median Age
6,833
Population Density (per sq. mile)
28%
College Educated
$43,567
Estimated Median Income
3,664
Estimated Total Home Owners
5,807
Estimated Total Renters
39% / 61%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1318 E CULVER Street Monthly Cost

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$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1318 E CULVER Street Market Data

Based on the last 30 days in this zip code

$558,069
Average List Price
$346
Average Price per Square Foot
16
Properties Sold
88
Average Days on Market
69
Properties for Sale
Calculations provided by Reliance Network

1318 E CULVER Street History

Date Event Value Agent
6/15/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$766,500 -0.1%
6/8/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$767,000 -0.1%
6/1/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$767,500 -0.1%
5/26/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$768,000 -0.1%
5/18/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$768,500 -0.1%
5/11/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$769,000 -0.1%
5/4/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$769,500 -0.1%
4/27/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$770,000 -0.1%
4/20/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$770,500 -0.1%
4/13/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$771,000 -0.1%
4/6/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$771,500 -0.1%
3/30/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$772,000 -0.1%
3/23/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$772,500 -0.1%
3/19/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$773,000 -0.1%
3/9/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$773,500 -0.1%
3/2/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$774,000 -0.1%
2/23/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$774,500 -0.1%
2/2/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$775,000 -2.5%
1/26/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
January 26, 2026