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USAAZPhoenixEdison Midtown Condominiums3131 N Central Ave
3009 - 3131 N Central Ave, Condo with 2 bedrooms, 2 bathrooms and null parking in Phoenix AZ | Image 1
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$520,000

3009 - 3131 N Central Ave, Phoenix, AZ

Condo

For Sale

$--,---,---
220
  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential
Size 1392 sqft
Garage Yes
Maintenance Fees $533
Taxes $4,676
Days Active 26
Approx. Age 2018
Avg. Price Per Sqft $373
MLS® Number 6908697

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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 ****Show Description
MLS® Number6908697
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age2018
Stories7
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatElectric
A/CCentral Air
Heating Fuel

Extras

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