2947 N 39TH Street, Phoenix, AZ 85018, Phoenix, 85018 - 0 bed, 0 bath
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2947 N 39TH Street
Phoenix, AZ 85018
ACTIVE
CONDITION: GOOD
0Beds
0Baths
7,111Sq Ft
0Lot Size
Property Price
LIST PRICE$1,998,000
SUMMARY
Analysis of 2947 N 39TH Street, Phoenix, AZ 85018 is currently available with a list price of $1,998,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Phoenix Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The property was renovated in 2017 (7 years ago), placing it within the 5-15 year renovation window for a 'Good' rating. Interior updates include stainless steel appliances, modern flooring, and updated fixtures. The recent replacement of the underground sewer line indicates proactive maintenance of major systems, and the units appear move-in ready and functional.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the highly desirable Arcadia-Lite submarket, the property offers proximity to Biltmore Fashion Park, Camelback Mountain, and Downtown Phoenix, ensuring high tenant demand.
- Modernized Interiors & Infrastructure
Units feature 2017 renovations including stainless steel appliances and in-suite laundry, complemented by a recently replaced underground sewer line, reducing immediate capital expenditure needs.
- Favorable Utility Structure
The property is individually metered for electricity, shifting utility costs to tenants and improving the net operating income for the owner.
CONSRISKS & DEFICIENCIES
- Vintage Construction
Originally built in 1960, the property may require ongoing maintenance and potential upgrades to aging systems not covered in the 2017 renovation.
- Average School Ratings
Local school scores range from 3 to 6, which may limit the property's appeal to families seeking top-tier educational districts.
About 2947 N 39TH Street
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.
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 1960
- Lot Size
- -
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Phoenix Unified Schools
Tavan Elementary School
Grades PK-5 • 1.0 mi
5/10
Monte Vista Elementary School
Grades K-8 • 0.6 mi
4/10
Ingleside Middle School
Grades 6-8 • 1.9 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 7,111 | - |
| Lot Size | - | - |
| Price | $2.00M | $228.9K |
| Price per sq ft | $281 | $256 |
| Built year | 1960 | 0 |
| HOA | $0 | $0 |
| Days on market | 18 | 4774 |
Pricing History
Listed for Sale
Jul 30, 2026
$1,998,000
Initial Listing
Sold
Mar 17, 1998
$355,000
Public Record