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Sandra Baldwin

Realtor - Co-Founder at Launch Real Estate

  • Office (602) 397-4300
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3131 N Central Avenue (unit 3009), Phoenix, AZ – $520,000

  • 2 Beds
  • 2 Baths
  • 1,392 Sqft
  • .03 Acres
  • 2 Beds
  • 2 Baths
  • 1,392 Sqft
  • .03 Acres

3131 N Central Avenue (unit 3009)

Welcome to Unit 3009 at Edison Midtown—a stylish urban haven that combines contemporary finishes with intuitive design. Situated on the third floor, this residence features an open-concept layout anchored by quartz countertops, sleek cabinetry, and stainless steel appliances. Natural light pours into the living space, while the private balcony offers a peaceful retreat above the city. The spacious bedroom and spa-inspired bath create a calming escape, perfect for both residents and guests. As with all units in this portfolio, Unit 3009 includes two covered parking spots and a private storage room, delivering convenience and security in the heart of Midtown. This listing is part of a rare three-unit portfolio Units 3002, 3006, and 3009 each individually upgraded and move-in ready. Every unit includes two covered parking spaces and a dedicated storage room, streamlining operations for both personal use and investment strategy. For investors, the bundle offers strategic control in one of Phoenix's fastest-appreciating urban corridors, with short-term rental viability across all three units and operational efficiency baked into the location and layout. Shared vendor relationships, reduced overhead, and simplified management make this bundle a high-functioning asset with flexible exit optionsflip one, lease two, or hold all three. With a total of 3,626 square feet and a list price of $1,445,000, the bundle offers a blended price of $398.38 per square foot. Buyers unlock 5-8% in instant equity compared to piecemeal acquisition, with ~$75K in value captured upfront. The portfolio averages $400.62/SF, well below the active market average of $434.67/SF and closed average of $452.27/SFpositioning you as the value leader. On a per-square-foot basis, you're acquiring at approximately 17-27% below market, creating a rare opportunity for both immediate cash flow and long-term appreciation. Midtown velocity continues to climb, and Edison units consistently trade above market due to their amenity-rich lifestyle and walkable location. Seller is offering exclusive terms for portfolio buyers, and with limited inventory at Edison, this configuration may not be replicable again. Whether you're building a short-term rental empire or anchoring a long-term equity play, this three-unit package delivers unmatched value, flexibility, and upside. ***See document tab for list of owners improvements ****

Essential Information

  • MLS® #6908697
  • Price$520,000
  • Bedrooms2
  • Bathrooms2.00
  • Square Footage1,392
  • Acres0.03
  • Year Built2018
  • TypeResidential
  • Sub-TypeApartment
  • StyleContemporary
  • StatusActive

Community Information

  • SubdivisionEDISON MIDTOWN CONDOMINIUMS
  • CityPhoenix
  • CountyMaricopa
  • StateAZ
  • Zip Code85012

Address

3131 N Central Avenue (unit 3009)

Amenities

  • UtilitiesAPS, SW Gas
  • Parking Spaces2
  • # of Garages2

Amenities

Gated, Community Spa, Community Spa Htd, Near Light Rail Stop, Near Bus Stop, Fitness Center

Parking

Gated, Assigned, Community Structure

Interior

  • HeatingElectric
  • CoolingCentral Air
  • FireplacesNone
  • # of Stories7

Interior Features

High Speed Internet, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, Elevator, Kitchen Island, 3/4 Bath Master Bdrm

Exterior

  • Exterior FeaturesCovered Patio(s), Patio
  • RoofOther
  • ConstructionStucco, Wood Frame, Painted

Windows

Low-Emissivity Windows, Dual Pane

School Information

  • ElementaryEncanto School
  • MiddleClarendon School
  • HighCentral High School

District

Phoenix Union High School District

Listing Details

  • OfficeCitiea
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Citiea.

Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on September 18th, 2025 at 12:39am MST.