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For Sale

$520,000

Edison Midtown Condos

3131 N Central Ave Unit 3009, Phoenix, AZ 85012

  • 2Beds
  • 2Baths
  • 1392SqFt
  • 2Beds
  • 2Baths
  • 1392SqFt
  • Property Type
    Condo
  • Year Built
    2018
  • HOA Fees
    $533/mo
  • Price per Sqft
    $374
  • On highrises
    21 Days
  • Garage
    2 Cars

Property Details

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

Property Features

Bedrooms

  • Bedrooms: 2
  • Bedrooms Possible: 3
  • Presented by:
  • Eric Williamson
  • state license#SA579896000

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