3702 E Polk Street, Phoenix, AZ 85008
Property image
Property image
FOR SALE
NEW - 4 HRS AGO

3702 E Polk Street
Phoenix, AZ 85008

Central City
  • 8 Beds
  • 4 Baths
  • 2,592 sqft

$575,000

Est. Mortgage $3,185/mo*
Get Pre-Qualified

$575,000

Est. Mortgage $3,185/mo*
Get Pre-Qualified
8 Beds
4 Baths
2,592 sqft

Local Information

  • Map ViewExplore the area around 3702 E Polk Street.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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.

Home Highlights

Parking
8 Open Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$222
Listed
Less than a day ago

Home Details for 3702 E Polk Street

Interior Features

Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 4
Dimensions and Layout
Living Area: 2592 Square Feet
Appliances & Utilities
Appliances: Refrigerator, Free-Standing Electric OvenRefrigerator
Heating & Cooling
Heating: Individual,ElectricHas CoolingAir Conditioning: Heat Pump,IndividualHas HeatingHeating Fuel: Individual
Gas & Electric
Electric: APS, Individual MeterHas Electric on Property
Windows, Doors, Floors & Walls
Flooring: Tile, Carpet, Vinyl
Levels, Entrance, & Accessibility
Floors: Tile, Carpet, Vinyl

Exterior Features

Exterior Home Features
Roof: Composition
Parking & Garage
Open Parking Spaces: 8No CarportNo GarageHas Open ParkingParking Spaces: 8Parking: >1 Space Per Unit
Frontage
Road Surface Type: AsphaltNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: <1 day on Trulia

Property Information

Year Built
Year Built: 1983
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Stucco, Block
Property Information
Parcel Number: 12114048

Price & Status

Price
List Price: $575,000Price Per Sqft: $222

Active Status

MLS Status: Active

Location

Direction & Address
City: Phoenix

Agent Information

Listing Agent
Listing ID: 7055439

Building

Building Area
Building Area: 2592 Square Feet

Community

Community Features: Other

Lot Information

Lot Area: 5616 sqft

Offer

Listing Terms: Conventional

Business

Business Information
Ownership: Fee Simple

Rental Terms, Policies & Fees

Owner Pays: Trash Collection, Water, Sewer

Miscellaneous

Mls Number: 7055439

Additional Information

Other
Last check for updates: about 4 hours ago
Listing courtesy of Eric P Hegarty, (480) 329-6083
Levrose Real Estate
Source: ARMLS, MLS#7055439
Also Listed on ARMLS.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

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

Price History for 3702 E Polk Street

DatePriceEventSource
07/17/2026$575,000Listed For SaleARMLS #7055439
02/02/2010$116,000Sold
ARMLS #4235198
12/19/2009$129,000PriceChange
Agent Provided
08/17/2009$139,000Listed For SaleAgent Provided
05/08/1989$50,000Sold
N/A

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Property Tax and Assessment

Year2025
Tax$1,080
Assessment$454,400
Home facts updated by county records

Comparable Sales for 3702 E Polk Street

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
411 N 32nd Place, Phoenix, AZ
0.54
Multi-Family Home
$853,000
11/21/25
6
3
1,770
4034 E MORELAND Street, Phoenix, AZ
0.80
Multi-Family Home
$1,170,000
03/18/26
8
4
3,120
2930 E MONROE Street, Phoenix, AZ
0.93
Multi-Family Home
$465,000
01/29/26
3
2
1,219
3740 E FILLMORE Street, Phoenix, AZ
0.15
Multi-Family Home
$355,000
09/05/25
4
2
-
1014 N 28TH Street, Phoenix, AZ
1.24
Multi-Family Home
$400,000
08/20/25
5
2
1,650
1008 N 27TH Street, Phoenix, AZ
1.35
Multi-Family Home
$420,000
04/07/26
6
4
2,700
1707 N 42ND Street, Phoenix, AZ
1.19
Multi-Family Home
$450,000
06/11/26
4
1
1,700
1121 N 25TH Place, Phoenix, AZ
1.55
Multi-Family Home
$468,550
06/17/26
6
2
2,200
2237 E TAYLOR Street, Phoenix, AZ
1.79
Multi-Family Home
$575,000
09/19/25
9
4
2,500
2444 E WILLETTA Street, Phoenix, AZ
1.73
Multi-Family Home
$565,000
02/05/26
6
4
1,800

Nearby homes

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Assigned Schools

These are the assigned schools for 3702 E Polk Street.
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
    Flag
  • 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

LGBTQ Local Legal Protections

Eric P Hegarty, Levrose Real Estate
Agent Phone: (480) 329-6083
3702 E Polk Street, Phoenix, AZ 85008 is a 8 bedroom, 4 bathroom, 2,592 sqft multi-family built in 1983. 3702 E Polk Street is located in Central City, Phoenix. This property is currently available for sale and was listed by ARMLS on Jul 17, 2026. The MLS # for this home is MLS# 7055439.