- $775k Price
1318 E Culver Street
*MOTIVATED SELLER* ALL 2 Bedrooms presenting a compelling value-add investment opportunity in a strong Phoenix rental submarket. The property features a mix of Two renovated units setting a clear path for addition value creation. The Proforma is off of conservative market rent of $1200 per unit. Actual Rents are $1173, $1071, $895 and 1 Vacant being turned after recent longtime tenant move out. The roof is +/-5 years old, and three AC units are +/- 3 years old. Central Phoenix, Location and close proximity to employment centers, Downtown Phoenix and Freeways. This asset is well-positioned for cash flow and appreciation for many years to come. All facts and figures are approximate, Buyer to verify to their own satisfaction. flow and long-term appreciation. All facts and figures are approximate, Buyer to verify to their own satisfaction.
Essential Information
- MLS® #6974630
- Price$774,500
- Year Built1985
- TypeMultiple Dwellings
- StatusActive
Community Information
- Address1318 E Culver Street
- SubdivisionBURROUGHS
- CityPhoenix
- CountyMaricopa
- StateAZ
- Zip Code85006
Amenities
- AmenitiesSee Remarks
- Parking Spaces8
- Parking<1 Space Per Unit
Interior
- HeatingHeat Pump, Electric
Appliances
Refrigerator, Free-Standing Electric Oven
Cooling
Electric, Heat Pump, Individual
Exterior
- RoofComposition
- ConstructionWood Frame, Stucco
School Information
District
Phoenix Union High School District
Additional Information
- ZoningR-3
Listing Details
Office
Better Homes & Gardens Real Estate SJ Fowler
Price Change History for 1318 E Culver Street, Phoenix, AZ (MLS® #6974630)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $775,000 to $774,500 | ||
| Price Reduced from $795,000 to $775,000 |
Better Homes & Gardens Real Estate SJ Fowler.
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 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Listing information last updated on February 23rd, 2026 at 3:01pm MST.