MLS# 6908700 – 3131 N Central Avenue Unit 3002, Phoenix, AZ 85012

$475,000 - 2Br/2Ba - for Sale in Edison Midtown Condominiums, Phoenix
Price: $475,000
Beds: 2
Baths: 2
Living Area SqFt: 1,109
Status: Active
Property Type: Apartment
Lot Size Acres: 0.03
Lot Size SqFt: 1,186
Year Built: 2018
Neighborhood: Edison Midtown Condominiums
Days on Website: 26

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Property Description

Welcome to Unit 3002 at Edison Midtown—a refined urban sanctuary that pairs elevated design with everyday functionality. Located on the third floor, this residence offers a spacious, light-filled layout anchored by quartz countertops, sleek cabinetry, and stainless steel appliances. The open-concept living space flows effortlessly into a private balcony, creating a seamless indoor-outdoor experience ideal for both quiet mornings and vibrant evenings. The bedroom is generously sized, and the spa-inspired bath adds a touch of luxury to daily routines. Residents enjoy access to resort-style amenities including a heated pool, fitness center, and secure parking. Unit 3002 includes two covered parking spots and a private storage room, ensuring convenience and peace of mind. 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 Details and Features

  • Floors
  • “Wood”
  • “Tile”
  • Bathrooms
  • 2 total decimal bathrooms
  • 2 total bathrooms
  • Bedrooms
  • 2 total bedrooms
  • Building
  • Built in 2018
  • Architectural style: “Contemporary”
  • Living area: 1109
  • Construction materials: “Stucco”, “Wood Frame”, “Painted”
  • Cooling
  • “Central Air”
  • Fireplaces
  • “None”
  • Garage
  • 2 spaces
  • Heating
  • “Electric”
  • Home Owner’s Association
  • Association fee: $533
  • Association fee frequency: Monthly
  • Association fee includes: “Roof Repair”, “Insurance”, “Sewer”, “Maintenance Grounds”, “Gas”, “Trash”, “Water”, “Roof Replacement”, “Maintenance Exterior”
  • Interior Features
  • “High Speed Internet”
  • “Double Vanity”
  • “Breakfast Bar”
  • “9+ Flat Ceilings”
  • “Elevator”
  • “Kitchen Island”
  • “3/4 Bath Master Bdrm”
  • Listing
  • Listing ID: 6908700
  • Standard status: Active
  • 26 days on market
  • Location
  • Subdivision name: EDISON MIDTOWN CONDOMINIUMS
  • Lot
  • 0.03 acres
  • 1,186 sqft
  • Energy Saving
  • Green energy efficient: “Multi-Zones”
  • Green water conservation: “Low-Flow Fixtures”
  • Parking
  • “Gated”
  • “Assigned”
  • “Community Structure”
  • Possession
  • “By Agreement”
  • Schools
  • Elementary school: Encanto School
  • High school: Central High School
  • High school district: Phoenix Union High School District
  • Security Features
  • “Fire Sprinkler System”
  • Sewer
  • “Public Sewer”
  • Taxes
  • Annual amount: $3,652
  • Lot: 3002
  • Windows
  • “Low-Emissivity Windows”
  • “Dual Pane”

Property Map

$475,000 – 3131 N Central Avenue Unit 3002, Phoenix, AZ 85012

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This content last updated on September 17, 2025 12:10AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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