

1318 E CULVER StreetPhoenix, AZ 85006
Multi-Family1318 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.
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
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
1318 E CULVER Street Market Data
Based on the last 30 days in this zip code
1318 E CULVER Street History
| Date | Value | Agent |
|---|---|---|
| 6/15/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area | $766,500 -0.1% |
|
| 6/8/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area | $767,000 -0.1% |
|
| 6/1/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area | $767,500 -0.1% |
|
| 5/26/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area | $768,000 -0.1% |
|
| 5/18/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area | $768,500 -0.1% |
|
| 5/11/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area | $769,000 -0.1% |
|
| 5/4/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area | $769,500 -0.1% |
|
| 4/27/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area | $770,000 -0.1% |
|
| 4/20/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area | $770,500 -0.1% |
|
| 4/13/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area | $771,000 -0.1% |
|
| 4/6/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area | $771,500 -0.1% |
|
| 3/30/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area | $772,000 -0.1% |
|
| 3/23/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area | $772,500 -0.1% |
|
| 3/19/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area | $773,000 -0.1% |
|
| 3/9/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area | $773,500 -0.1% |
|
| 3/2/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area | $774,000 -0.1% |
|
| 2/23/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area | $774,500 -0.1% |
|
| 2/2/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area | $775,000 -2.5% |
|
| 1/26/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area | January 26, 2026 |