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Status: Active

3131 N Central Ave #3009 
Phoenix, AZ 85012

$520,000

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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 ****
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Bedrooms
2
Baths
2
House Size
1,392 sqft
Year Built
2018
Lot Size
0.03 ac
School District
Phoenix Union High School District

Location

Market Insights

In the last 30 days, homes for sale in 85012, Phoenix, AZ were on the market for a median of 97 days and 0% of homes sold above list price.

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Interior Information

appliances
Microwave
Dishwasher
Dryer
Washer
cooling
Central Air
features
High Speed Internet
Double Vanity
Breakfast Bar
Elevator
Kitchen Island
High Ceilings
fireplace
None
flooring
Tile
Wood
heating
Electric
window features
Low Emissivity Windows
Double Pane Windows

Exterior Information

fence
None
patio and porch
Patio
roof
Other

Property Information

architectural style
Contemporary
builder name
Deco Communities
community
Gated
Fitness Center
construction
Stucco
Frame
hoa fees
$533.41
Monthly
hoa includes
Insurance
Sewer
Maintenance Grounds
Gas
Trash
Water
parking
Gated
Assigned
Community Structure
security features
Fire Sprinkler System
sewer
Public Sewer
subdivision name
Edison Midtown Condominiums
utilities
Cable Available
water source
Public
  • Listed By Eric Williamson
  • eric@ericwilliamsonrealtor.com
  • (602) 435-6708
  • Citiea
  • (480) 870-3119
  • broker@citiea.com
  • MLS 6908697

Monthly Payments Calculator

Estimated Monthly Cost

$3,906

30 year fixed·6.9% interest rate
Principal & Interest
$2,740
Property Taxes
$433
Home Insurance
$200
HOA Fees
$533
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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