3131 Central Ave #3002 Phoenix, AZ 85012

Listing details for 3131 Central Ave #3002, Phoenix, AZ 85012 : 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 ****