Connect

Find us on...

Dashboard

Login using...

Sandra Baldwin

Realtor - Co-Founder at Launch Real Estate

  • Office (602) 397-4300
Questions?

3131 N Central Avenue (unit 3002), Phoenix, AZ – $475,000

  • 2 Beds
  • 2 Baths
  • 1,109 Sqft
  • .03 Acres
  • 2 Beds
  • 2 Baths
  • 1,109 Sqft
  • .03 Acres

3131 N Central Avenue (unit 3002)

Welcome to Unit 3002 at Edison Midtown—a refined urban sanctuary that pairs elevated design with everyday functionality. Located on the third floor, this residence offers a spacious, light-filled layout anchored by quartz countertops, sleek cabinetry, and stainless steel appliances. The open-concept living space flows effortlessly into a private balcony, creating a seamless indoor-outdoor experience ideal for both quiet mornings and vibrant evenings. The bedroom is generously sized, and the spa-inspired bath adds a touch of luxury to daily routines. Residents enjoy access to resort-style amenities including a heated pool, fitness center, and secure parking. Unit 3002 includes two covered parking spots and a private storage room, ensuring convenience and peace of mind. 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® #6908700
  • Price$475,000
  • Bedrooms2
  • Bathrooms2.00
  • Square Footage1,109
  • 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 3002)

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
Please provide a valid email address.

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 15th, 2025 at 10:40pm MST.