$589,000

2644 E Paradise Ln Phoenix, AZ 85032

Estimated payment $3,287/month

Total Views 44
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heating System Uses Natural Gas
  • Ceramic Tile Flooring

About This Home

Good income potential in this 4-plex with long term tenants. This 4-plex offers one 3 bed, two 1 bed, and one 2 bed. Nice size gated lot with plenty of parking.

Listing Agent

Vladimir Stoiljkovic

DeLex Realty License #SA655756000 Listed on: 09/02/2025

DeLex Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,234

Year Built

  • Built in 1945

Home Design

  • Steel Frame
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 10 Open Parking Spaces
  • 18 Parking Spaces
  • Carport
  • Over 1 Space Per Unit

Schools

  • Paradise Valley High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 214-40-033-D

Community Details

Overview

  • 4 Units
  • Building Dimensions are 10308
  • Kay Acres Subdivision

Building Details

  • Operating Expense $10,119
  • Gross Income $50,400
  • Net Operating Income $40,281

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,234

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Cross Street: GREENWAY & CAVE CREEK
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1945
  • Tax Year: 2025
  • Directions: NORTH ON CAVE CREEK TO EAST PARADISE TO 4-PLEX LOCATION
  • Road Surface Type: Dedicated Street
  • Subdivision Name: KAY ACRES
  • Tax Parcel Letter: D
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: None, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Steel Frame, Wood Frame, Painted, Stucco
  • Roof: Composition
  • Construction:Steel Frame: Yes

Garage/Parking

  • Total Covered Spaces: 8.0
  • Parking Features: >1 Space Per Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 18.0
  • General Property Description:Covered Parking Spcs: 8.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 18.0
  • Exterior Amenities:RVBoat Parking: Yes
  • Parking Features:Carport: Yes
  • Parking Features >1 Space Per Unit: Yes

Utilities

  • Electric: APS, Master Meter
  • Cooling: Ceiling Fan(s), Individual
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Natural Gas: Yes
  • Electric Master Meter: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:TV Antenna: Yes

Fee Information

  • Annual Water Sewer Expense: 2080.0

Schools

  • High School: Paradise Valley High School
  • Junior High Dist: Paradise Valley Unified District

Lot Info

  • Lot Size: 10308
  • Additional Parcels: No
  • Parcel #: 214-40-033-D

Multi Family

  • Owner Pays: Gas, Electricity, Water, Sewer
  • Number Of Units Total: 4
  • Electric Expense: 4005.0
  • Annual Gross Income: 50400.0
  • Property Net Operating Income: 40281.0
  • Annual Operating Expense: 10119.0

Tax Info

  • Tax Annual Amount: 1234.0
  • Tax Book Number: 214.00
  • Tax Lot: 101

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,202 $12,075 -- --
2024 $1,177 $11,500 -- --
2023 $1,177 $44,460 $8,890 $35,570
2022 $1,165 $30,510 $6,100 $24,410
2021 $1,168 $27,830 $5,560 $22,270
2020 $1,132 $24,360 $4,870 $19,490
2019 $1,134 $19,550 $3,910 $15,640
2018 $1,097 $17,750 $3,550 $14,200
2017 $1,051 $15,080 $3,010 $12,070
2016 $1,034 $18,470 $3,690 $14,780
2015 $957 $15,400 $3,080 $12,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 For Sale $589,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $350,000 Clear Title Agency Of Az
Warranty Deed -- None Available
Quit Claim Deed -- Title Source
Special Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $254,000 Ticor Title Agency Of Az Inc
Interfamily Deed Transfer -- Transnation Title Insurance
Interfamily Deed Transfer -- Transnation Title Insurance
Warranty Deed -- Old Republic Title Agency
Warranty Deed $30,283 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $168,675 New Conventional
Previous Owner $190,500 New Conventional
Previous Owner $97,750 No Value Available
Previous Owner $30,000 Seller Take Back
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6913974

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-40-033D