2218 E Polk St, Phoenix, AZ 85006
Property image
Property image
OFF MARKET

2218 E Polk St
Phoenix, AZ 85006

Central City
  • Studio
  • 616 sqft

$311,400

Trulia Estimate
as of Jul 14, 2026
Est. Refi. Payment $1,741/mo*
Refinance Your Home

$311,400

Trulia Estimate
as of Jul 14, 2026
Est. Refi. Payment $1,741/mo*
Refinance Your Home
Studio
616 sqft

Local Information

  • Map ViewExplore the area around 2218 E Polk St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Great investment opportunity to own part of this portfolio of multi-family properties in downtown Phoenix. With a 7.4% CAP RATE, these 7 units are in a high-return area and prime location. All units are tiled and include appliances. Two separate buildings on large 16,000+square foot lot. Low-maintenance landscaping. Secluded area of downtown located near 3 major hospitals and public transportation. Rents are increasing in this area so this is an excellent chance. Total list price for both buildings is $350,000. Additional properties of this portfolio available for sale (MLS#5295207). Owner open to negotiation for bundling properties. Number in the MLS represent the operation of the 7-plex as a whole, not individual buildings.
2218 E Polk St, Phoenix, AZ 85006 is a studio, 616 sqft multi-family in Central City, built in 1948. It last sold for $150,000 on Jul 18, 2016. It is currently off market. The Trulia Estimate is $311,400, with a rent estimate of $1,278/month.

Home Highlights

Parking
No Info
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 2218 E Polk St

Interior Features

Heating & Cooling
Heating: Heat Pump, Electric, GasAir ConditioningCooling System: OtherHeating Fuel: Heat Pump
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Other, Hardwood
Appliances & Utilities
Refrigerator
Interior Details
Ceiling Fan

Exterior Features

Exterior Home Features
Roof: OtherExterior: StuccoPatio

Property Information

Year Built
Year Built: 1948Year Updated: 1948
Property Type / Style
Property Type: Multi FamilyArchitecture: Other

Community

Units in Building: 7

Lot Information

Lot Area: 8247 sqft

Price History for 2218 E Polk St

DatePriceEventSource
07/18/2016$150,000Sold
N/A
04/29/2016$135,000Sold
N/A
12/02/2015$345,000ListingRemovedAgent Provided
10/07/2015$345,000PriceChange
Agent Provided
09/08/2015$350,000PriceChange
Agent Provided
08/21/2015$360,000PriceChange
Agent Provided
08/19/2015$180,000PriceChange
Agent Provided
07/21/2015$185,000PriceChange
Agent Provided
06/17/2015$195,000Listed For SaleAgent Provided
11/07/2014$150,000Sold
ARMLS #5167750
09/06/2014$325,000Listed For SaleAgent Provided
11/19/2009$75,000ListingRemovedAgent Provided
08/05/2009$75,000Listed For SaleAgent Provided
12/03/1998$33,000Sold
N/A

Market trends in Central City

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$351K
$3.67KMoM
Sale-to-List Price
—
Price per sq ft
$315
$4MoM
Available listings
150
11MoM
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Property Tax and Assessment

Year2025
Tax$1,144
Assessment$250,700
Home facts updated by county records

Comparable Sales for 2218 E Polk St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2237 E TAYLOR Street, Phoenix, AZ
0.06
Multi-Family Home
$575,000
09/19/25
9
4
2,500
2153 E Taylor St, Phoenix, AZ
0.06
Multi-Family Home
$900,000
02/04/26
8
9
4,041
329 N 17TH Drive, Phoenix, AZ
0.66
Multi-Family Home
$505,000
06/25/26
4
2
1,750
1121 N 25TH Place, Phoenix, AZ
0.69
Multi-Family Home
$468,550
06/17/26
6
2
2,200
1014 N 28TH Street, Phoenix, AZ
0.80
Multi-Family Home
$400,000
08/20/25
5
2
1,650
2930 E MONROE Street, Phoenix, AZ
0.94
Multi-Family Home
$465,000
01/29/26
3
2
1,219
2617 E Brill St, Phoenix, AZ
0.94
Multi-Family Home
$420,000
04/17/26
-
1,440
2444 E WILLETTA Street, Phoenix, AZ
0.83
Multi-Family Home
$565,000
02/05/26
6
4
1,800
1008 N 27TH Street, Phoenix, AZ
0.69
Multi-Family Home
$420,000
04/07/26
6
4
2,700
2621 E BRILL Street, Phoenix, AZ
0.94
Multi-Family Home
$420,000
04/16/26
3
3
3,000

Nearby homes

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Assigned Schools

These are the assigned schools for 2218 E Polk St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Central City
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Central City

At least 450 Trulia users voted on each feature.

  • 84 % Say there are sidewalks

  • 75 % Say it's dog friendly

  • 70 % Say car is needed

  • 67 % Say there's holiday spirit

  • 66 % Say yards are well-kept

  • 64 % Say it's walkable to restaurants

  • 63 % Say parking is easy

  • 54 % Say streets are well-lit

  • 51 % Say it's quiet

  • 51 % Say people would walk alone at night

  • 49 % Say kids play outside

  • 49 % Say they plan to stay for at least 5 years

  • 44 % Say it's walkable to grocery stores

  • 42 % Say neighbors are friendly

  • 31 % Say there are community events

  • 23 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Jasmine Saenz
    "There is always people walking their dogs or going for a run as well as people on their bikes. There are a few groups that do activities with the community. Local shops are not far are at a good walking distance. "
    0
    Flag
  • Anita Battle
    "It’s nice for what I seen been here two and a half years now and many more years to go can’t wait to explore more of Phoenix "
    0
    Flag
  • Sonny_sonnenstein
    "Just moved to Phoenix - looking for a neighborhood/house. So far it seems like a great town - food, drinks, entertainment, culture."
    0
    Flag
  • Trulia User
    "I've lived downtown over 5 years, and it's pretty safe overall. Minimal noise after business hours, but events and game traffic can get noisy. "
    4
    Flag
  • Trulia User
    "I've lived downtown for 5 yrs and the energy is great. The best part is the easy commute due to being centrally located; "
    5
    Flag
  • Trulia User
    "There is an excellent elementary school in Garfield. The families are what make the neighborhood great. In addition there are a lot of students & ASU employees. It’s close to everything downtown - arts, sports, and restaurants. Other than some transient people that you see anywhere these days, it’s a super cool mix of old & new Phoenix. "
    0
    Flag
  • Trulia User
    "I think the area is a good fit for families and animals, quite well crafted lawn and trees price fairly equal "
    0
    Flag
  • Trulia User
    "I have lived here for over two years and love it. I take the light rail everywhere. Plus every weekend there’s always something new to try and do here."
    8
    Flag
  • Trulia User
    "Lots of shops and things to do in this area. First Friday as well and it is very exciting to be here on that days. "
    6
    Flag
  • Trulia User
    "I love homey feeling in this neighborhood It’s a diamond in a rough place to call home. I love artsy vibe there are many cool places to go"
    4
    Flag
  • Trulia User
    "This neighborhood is safer than the surrounding and it has good schools. The are a alot of places to spend family time. The businesses are affordable. It's a welcoming atmosphere."
    2
    Flag
  • Trulia User
    "Great walking distance to bars and restaurants downtown. Near the farmers market on Saturdays and the baseball stadium. "
    0
    Flag
  • Trulia User
    " By car, 15 usually, up to 25 with traffic as work is farther uptown. Just fine, know which streets to avoid. "
    0
    Flag
  • Trulia User
    "I come here alot and I'm always comfortable in the neighborhood no one ever bothers me everyone is always kind and sticks "
    1
    Flag
  • Trulia User
    "There is a lot of history and some charm, however with the freeways close by and the amount of alley ways that are present in about 95% of the properties; this area gets a lot of homeless, dumpster divers, gang bangers and scouts on the look out for burgarlizing homes. we have to be very vigilant when it comes to our exterior and the back of our home due to very unsafe and unpatroled alley ways."
    0
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  • Trulia User
    "With supervision, kids can thrive here... I know this because I raised my own children in this area. Phoenix is an enormous city now and logic and prudence should prevail. It's super convenient and equadistant to everyone and everything in the valley! "
    0
    Flag
  • Trulia User
    "The area is affordable and not much else. No local culture and most amenities are a 10 minute drive away. "
    1
    Flag
  • Trulia User
    "a lot of nosey neighbors and complainers on dogs with or without leashes its always something and always too many dog walkers in evening everyone is out with a dog and rude when walking by with yours"
    0
    Flag
  • Vpyle34
    "Traffic is not bad close to the freeways. Easy to get around lots of cops and homeless people though"
    4
    Flag
  • Hiram D.
    "much culture and bars, galleries, cafes... such a good things to do. area is growing up so fast and easy to get everything. a new supermarket. you can walk by all downtown and find new restaurants and great people"
    7
    Flag
  • Meaganannt
    "There’s a lot of homeless in the area. However, there’s a lot of history and culture that children could be exposed to. "
    5
    Flag
  • Maria B.
    "A dog park would be nice and trying to keep the neighborhood clean for all purpose and have everything in order"
    0
    Flag
  • Juliamcswain2017
    "There are 2 dog parks right on the corner of 3rd Ave and Culver St, plus Margaret T Hance park is usually a nice place to walk your dog as well. Dogtopia has also recently opened a facility on the corner of 3rd Ave and McDowell."
    1
    Flag
  • Marysol B.
    "Strong police presence in this neighborhood.. high crime zone... Train passes in the middle of the night.. too many homeless and street people constantly walking by"
    5
    Flag
  • John T.
    "Central location and it makes it easy to explore what Phoenix has to offer, the Phoenix Public Library and Phoenix Art Museum are readily available. "
    1
    Flag
  • Taylor S.
    "Against the traffic is super nice commuting out to Tempe. The tunnel gets most backed up but otherwise, the 9-5 commute is super easy."
    3
    Flag
  • Clementyne.wanders
    "Lots of dog friendly bars/restaurants in the area. Many dog owners in the area that love their puppers as if they were their own babies."
    0
    Flag
  • Alda P. D.
    "Cultural diverse, proactive community with a variety of social spots. Near airport and many amenities within a easy commute distance."
    0
    Flag
  • Mljuarezrubio82
    "Dog owners are irresponsible and just let theirs dogs run the streets. They turn them lose they don’t feed them they don’t groom them. They let them starve and toss them out. "
    0
    Flag
  • Shamlolldesombra1008
    "The commute downtown is 5 minutes . Nice area to live Grocery stores near by hjjkkkkkj the time you come get "
    0
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  • Shonta E.
    "There is a lot of car traffic and there aren’t enough dog parks nearby where dogs and run free. Also other dog owners aren’t very responsible they let unleaded dogs roam the neighborhood and poop in other’s lawn without cleaning up"
    1
    Flag
  • Michelle B.
    "I drive or Uber my way to work. there always seems to be lots of traffic to downtown locations. always construction"
    2
    Flag
  • Deetbornton6153
    "lots of families with young school age children, everyone is pleasant to communicate with, no loud parties"
    2
    Flag
  • Eric M.
    "My neighborhood has access to public transportation in the means of the city bus. Unfortunately the light rail doesn't go that far west. I drive, so I hop on the I10 and can get to the downtown area rather quickly depending on time of day. "
    1
    Flag
  • Oscar M.
    "easy to commute around the city by foot, bike or scooter. Everything I would need is right around the corner. "
    0
    Flag
  • Jay.proformance
    "boating and fishing. There is great ethnc diversity and people of all ages. Closeness to the airport, malls and restaurants make it special."
    1
    Flag

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Homes for sale near 2218 E Polk St

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Off Market Homes Near 2218 E Polk St

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