Listing MLS# 6908697 Phoenix AZ Real Estate

Please contact Barbara Baker at 928.301.0669 for more information on this property! I specialize in Phoenix AZ real estate, Edison Midtown Condominiums - Phoenix real estate for sale, Phoenix, AZ homes for sale and Phoenix real estate and Phoenix homes.

$520,000 No Recent Price Change
3131 N Central Avenue UNIT #3009
Phoenix, AZ 85012
  • 2Beds
  • 2.00Total Baths
  • 1,392SqFt
  • 2018Year Built
  • 1472.00Acres
  • 7 yearsEst Age
  • MLS# 6908697
  • Residential
  • Apartment
  • Active


Overview

Welcome to Unit 3009 at Edison Midtowna 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 ****



Agriculture / Farm

Horse:  No

Association Fees / Info

Hoa Fees Frequency:  Monthly

Hoa Fees:  533.41

Hoa Includes:  Roof Repair, Insurance, Sewer, Maintenance Grounds, Gas, Trash, Water, Roof Replacement, Maintenance Exterior

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

Hoa:  Yes

Bathroom Info

Total Baths:  2

Total Baths Dec:  2

Building Info

Construction Materials:  Stucco, Wood Frame, Painted

Window Features:  Low-Emissivity Windows, Dual Pane

Builders Name:  DECO COMMUNITIES

Roof:  Other

Exterior Features

Style:  Contemporary

Patio and Porch:  Covered Patio(s), Patio

Fireplace Features:  None

Pool Private:  No

Fencing:  None

Garage / Parking

Parking Features:  Gated, Assigned, Community Structure

Garage:  No

Attached Garage:  No

Interior Features

Flooring:  Tile, Wood

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

Fireplace:  No

Lot Info

Lot Size Units:  Square Feet

Lot Sqft:  1472

Misc

Spa Features:  None

Possession:  By Agreement

Other

Special Listing Conditions:  N/A,Owner/Agent

Other School Info

Property Info

Property Attached:  Yes

Room Info

Sqft Info

Living Area Source:  Assessor

Sqft:  1392

Tax Info

Tax Legal Description:  LOT 3009 EDISON MIDTOWN CONDOMINIUMS MCR 125323

Tax Amount Annual:  4676

Unit Info

Unit:  3009

Utilities / Hvac

Water Source:  City Water

Cooling:  Yes

Cool System:  Central Air

Heating:  Electric

Heating:  Yes

Sewer:  Public Sewer

Waterfront / Water

Water Front:  No

Schools

Elem:  Encanto School

Middle:  Clarendon School

High:  Central High School

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On barbarabakerrealty.com since Wed, Aug 20th 2025
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