17

Paradise Valley Multifamily Homes & Duplexes for Sale

Section Image
  • /50

    $775,000

    • 2 Beds
    • 2 Baths
    • 1,758 Sq Ft

    4116 E Lupine Ave, Phoenix, AZ 85028

    This beautifully updated 2-bedroom home awaits you in the sought-after Hidden Lakes! The charming interior features wood-look flooring, elegant light fixtures, a fireplace to add warmth, and stylish neutral tones. You'll love the pristine kitchen, displaying white shaker cabinetry, custom tile backsplash, sleek quartz counters with a breakfast bar, and SS appliances. The airy main retreat has

    Sophie Zalinski HomeSmart

    4116 E Lupine Ave, Phoenix, AZ 85028
  • /38

    $1,020,000

    13415 N 21st Place, Phoenix, AZ 85022

    Investment opportunity FOR this rare gem an exceptional Multi-Family, very well maintained multi-family property offers immense value and endless potential cash flow, New Roofs on All 3 buildings, Fresh interior & exterior paint, no carpet, move in ready. Nestled only blocks from Lookout Mountain Preserves. Boasting a 1552 sq ft 3bd,2bath Main House with lots of updates, large open kitchen AND 4

    Christy Le eXp Realty

    13415 N 21st Place, Phoenix, AZ 85022
  • /31

    $3,312,000

    3027 E Grandview Rd Unit 1, Phoenix, AZ 85032

    The Grandview Portfolio is a 16-unit, garden-style community built in 1984 with solid block construction. Comprised of four fully condo-mapped, single-story buildings on individual parcels, the property offers flexible exit strategies. Each spacious 2-bed/1-bath unit (approx. 900 SF) features private fenced patios, full-size appliances, large picture windows, washer/dryer hookups, and covered

    Andrew Arambula ABI Multifamily

    3027 E Grandview Rd Unit 1, Phoenix, AZ 85032
  • /8

    $775,000

    2801 E Marconi Ave, Phoenix, AZ 85032

    Turn Key 4plex in North Central Phoenix! Long term tenants with established market rent leases. A 1982 constructed building with a fantastic unit mix: One - 3bed/3bath, Two - 2bed/2bath units and One - 1bed/1bath. New ownership can realize immediate cash flow with room to improve income by renovating the 1bed/1bath unit.Huge interiors with modern layouts and in-unit full size washer/dryer.

    Jackson Everhart Orion Investment Real Estate

    2801 E Marconi Ave, Phoenix, AZ 85032
  • /7

    $589,000

    • 4 Beds
    • 3 Baths
    • 2,121 Sq Ft

    3341 E Cochise Rd, Phoenix, AZ 85028

    Rare find for this neighborhood. Extra large CORNER LOT in cul-de-sac adjacent to wash and public walking-jogging trail with access to the MOUNTAIN PRESERVES. Redbrick veneer. Private Pool and block fencing. The house has a mother-in-law area with separate door. Tiled flooring. Fireplace. Formal living room.

    Lance Dmytrow The Housing Professionals

    3341 E Cochise Rd, Phoenix, AZ 85028
  • /18

    $665,000

    2726 E Tierra Buena Ln, Phoenix, AZ 85032

    Advantageously placed just west of State Route 51, Tierra Buena (''the property'') is a 4-unit apartment community located just east of the Cave Creek Road and Greenway Parkway intersection, deep inside the expanding Northeast Phoenix submarket. Its nearby proximity to State Route 51, a major transportation artery, affords residents direct access to simple passage within desirable commute times

    Paul Bay Marcus & Millichap

    2726 E Tierra Buena Ln, Phoenix, AZ 85032
  • /20

    $630,000

    13017 N 20th St, Phoenix, AZ 85022

    Beautifully updated 4plex in North Phoenix with long term tenants in place. Dwelling mix includes a single family home with large lot behind and a triplex in front. Each unit is individually metered and two have private yards. All have been updated with remodeled baths and tile floors throughout. NEW ROOFS in 2021. The property has been updated with NEW FENCES, BATHS and KITCHENS in the last

    Jen Nelson Realty Executives

    13017 N 20th St, Phoenix, AZ 85022
  • /33

    $889,000

    18227 N 40th Place, Phoenix, AZ 85032

    Rare offering in a quiet North Central PHX neighborhood. Very hard to find $222/SF. Near Paradise Valley Village, Desert Ridge & Scottsdale. No HOA. Huge units! Three 2 bed/1 bath units (950 sf /-) paired with a 3 bed/2 bath unit (1150 sf /-). 4000 total sf. 11,975 sf lot. R-3 zoning. 20 year local owner has self-managed. Rents are very low at $1000/$850/$850 (2 bed units) & $1450 (3 bed unit).

    James Stephens Better Homes & Gardens Real Estate SJ Fowler

    18227 N 40th Place, Phoenix, AZ 85032
  • /30

    $499,500

    • 3 Beds
    • 2.5 Baths
    • 2,226 Sq Ft

    2941 E Nisbet Ct, Phoenix, AZ 85032

    Spanning 2226 SF, this charming and warm, renovated 3-bed, 2.5 bath 2-story haven offers a layout that lives like a true single family home-despite having one shared wall - with an open living area featuring a cozy fireplace. The kitchen shines with white shaker cabinets, granite counters, and GAS cooking. Retreat to the expansive primary suite with its separate tub & shower and huge walk-in

    Michelle Houze Compass

    2941 E Nisbet Ct, Phoenix, AZ 85032
  • /40

    $699,900

    2844 E Monte Cristo Ave, Phoenix, AZ 85032

    Fourplex for sale in the heart of North Phoenix just minutes from the Desert Ridge Marketplace, SR 51, local schools and parks, shopping, and many other attractions. VA ASSUMABLE loan, see private remarks. The unit mix is: one 1bed/1bath unit, one 2bed/2bath unit, one 2bed/1.5 bath TH style unit, and one 3bed/3bath unit. All units have generous square footage along with W/D hookups. Each unit

    Lisa Richardson ROI Asset Management Solutions

    2844 E Monte Cristo Ave, Phoenix, AZ 85032
  • /7

    $680,000

    2838 E Le Marche Ave, Phoenix, AZ 85032

    Investor's Delight for CASH FLOW! All units rented, 2br/2ba each for 3 Units with inside laundry. Unit 103 is a 1.5ba. Ideal location to schools close by, Loop 101 and 51, Desert Ridge, Scottsdale & Downtown Phoenix, DRIVE BY ONLY, DO NOT DISTURB TENANTS. There are 4 Leased Units that are each 2 Bedrooms. Average Rent is $1,467 per Unit., totaling $$5,866 Gross Rent/monthly..

    Eddy Parris Re/Max Fine Properties

    2838 E Le Marche Ave, Phoenix, AZ 85032
  • /23

    $383,900

    • 3 Beds
    • 2 Baths
    • 1,260 Sq Ft

    15220 N 24th Place, Phoenix, AZ 85032

    Beautifully maintained 3-bedroom, 2-bath home with a 4-year-old roof and a 2-year-old AC unit, ensuring worry-free living. This home has been cared for meticulously for nearly a decade and recently updated with fresh paint inside and out. With mountains near by you'll have nice views and sunsets.

    Christopher Ramirez Salinas A.Z. & Associates

    15220 N 24th Place, Phoenix, AZ 85032
  • /58

    $444,999

    • 4 Beds
    • 2.5 Baths
    • 1,728 Sq Ft

    2061 E Heartwood Ln, Phoenix, AZ 85022

    Exquisite 4-bedroom, 2.5-bath, two-story Tuscan-style home nestled in an exclusive gated community! Enjoy the convenience of a Bluetooth-enabled garage door for modern ease. The upstairs master suite features a walk-in closet and a full bath. The kitchen boasts of a pantry, granite countertops, white cabinetry, and a breakfast bar. Throughout the home, plush carpet, tile, and wood flooring create

    George Laughton My Home Group Real Estate

    2061 E Heartwood Ln, Phoenix, AZ 85022
  • /36

    $759,900

    • 3 Beds
    • 2.5 Baths
    • 2,004 Sq Ft

    14426 N 39th Way, Phoenix, AZ 85032

    Brand New Construction Home (2023). Close proximity to the New Paradise Valley Mall Re-development project that will include over a Billion dollars' worth of new construction in the area, which includes restaurant's, movie theatres, housing, etc. All new foundation, ground compaction, plumbing, new electrical panel, etc. Heavily insulated with Owens Corning board outside insulation, blown

    Jonathan Minerick HomeCoin.com

    14426 N 39th Way, Phoenix, AZ 85032
  • /17

    $659,000

    2822 E Tierra Buena Ln, Phoenix, AZ 85032

    OWNER MAY CARRY WITH 30%+ DOWN OR ENTERTAIN POINTS TO BUY DOWN THE INTEREST RATE.. Well located in North Phoenix with easy access to freeways. Gated community with pool and security. Great unit mix with (1) 1B1B, (2) 2B2B, and (1) 3B3B. All units are larger than average and have their own washer/dryer hookups. Tenants pay the electric and water, the owner pays the HOA which includes sewer, trash,

    Brian Gaffney Better Homes & Gardens Real Estate SJ Fowler

    2822 E Tierra Buena Ln, Phoenix, AZ 85032
  • /23

    $700,000

    18202 N Cave Creek Rd Unit 5 units, Phoenix, AZ 85032

    This exclusive property package is perfect for both seasoned investors looking to expand their portfolio and newcomers wanting to start their investment journey.The selection of fully renovated 2-bedroom, 1-bath units offers a great opportunity for investors of all levels to enter the real estate market or diversify their existing portfolio.With a strong history of occupancy and the potential to

    Amy D. Brown Coldwell Banker Realty

    18202 N Cave Creek Rd Unit 5 units, Phoenix, AZ 85032
  • /28

    $2,500,000

    18202 N Cave Creek Rd Unit 17units, Phoenix, AZ 85032

    This property presents a compelling investment opportunity with its attractive unit mix,desirable location,and potential for additional income through owner-operated facilities.It is a well-positioned,income-generating asset.There are opportunities to even increase current rental income for further value.This property is a prudent choice for investors looking to expand, diversify or start their

    Amy D. Brown Coldwell Banker Realty

    18202 N Cave Creek Rd Unit 17units, Phoenix, AZ 85032

Why Live in Paradise Valley

Paradise Valley, located 15 miles northeast of Phoenix, is renowned for its luxurious multi-million-dollar homes and resort-like amenities. This affluent community offers custom-built residences on secluded lots with stunning mountain views, including Camelback Mountain, McDowell Mountain range, Phoenix Mountain Preserve, and Mummy Mountain. Homes here are typically grand ranch-style mansions from the late 20th century or 2000s, featuring Spanish Revival and contemporary minimalist designs, with common amenities like heated pools, spas, guest houses, and sports courts. Some properties are part of private, gated communities such as Clearwater Hills, while others, like the villas in Mountain Shadows resort, offer shared amenities. The Scottsdale Unified School District serves the area, with highly rated schools including Kiva Elementary, Mohave Middle, and Saguaro High, which provide strong STEM programs. Paradise Valley offers various attractions, including the Phoenix Mountain Preserve for hiking, the Paradise Valley Country Club with its 18-hole golf course, and the public Orange Tree Golf Resort. Roadrunner Park, located three miles west, features sports facilities and hosts a weekly farmers' market. Dining options are more limited compared to nearby Scottsdale or Phoenix, but residents can find a mix of fast-food chains, national eateries, and local restaurants like Teazona and The Oink Café. For groceries, Costco and Sprouts Farmers Market are centrally located. Cultural activities include the Theatre Artists Studio and the annual Veteran's Appreciation Vintage Car Show. The area is safer than the national average, and public transportation is limited, with Valley Metro bus stops on main roads. Phoenix Sky Harbor International Airport is 10 miles south.

Home Trends in Paradise Valley, AZ

Housing Trends

Median Sale Price
$469,000
Median Single Family Sale Price
$475,000
Median Townhouse Sale Price
$469,000
Median 2 Bedroom Sale Price
$435,000
Median 1 Bedroom Sale Price
$369,999
Average Price Per Sq Ft
$324
Number of Homes for Sale
203
Last 12 months Home Sales
2,025
Months of Supply
1.20
Median List Price
$469,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
51%
How to Buy a Home How to Finance a Home How to Sell a Home