$689,000

2837 E Marconi Ave Phoenix, AZ 85032

Estimated payment $3,837/month

Total Views 195
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Heated Community Pool
  • Ceramic Tile Flooring
  • Individual Controls for Heating
  • Cooling Available

About This Home

Great investment opportunity in a gated community! Preferred unit mix in Palomino Point 4 plex all in one building: 3 bed/3 bath, 2 bed/2 bath, 2 bed/1.5 bath(two story unit) and a large 1 bed/1 bath. All unites have been remodeled, to include new flooring, newer appliances, HOA pays the water/sewer/trash and landscaping. Steady tenants in an excellent rental area. Patio with 2nd floor balcony, complex has pool, heated spa, play area, close to shopping public transportation, school across the street. Electricity is individually metered for each unit that has its own A/C. Buyer to verify all information.

Listing Agent

Mona Oshana

Southwest Property Sales & Leasing License #SA542777000 Listed on: 09/05/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,341

Year Built

  • Built in 1982

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 1 Open Parking Space
  • 5 Parking Spaces
  • Carport

Schools

  • Palomino Primary Elementary School
  • Greenway Middle School

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tax Lot 72
  • Assessor Parcel Number 214-39-100

Community Details

Overview

  • 4 Units
  • Building Dimensions are irr
  • Greenway Manor Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $12,181
  • Gross Income $53,458

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,341

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: Greenway/32nd St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2021
  • Directions: East to 29th Street, North to complex. Building 72 is the 2nd building in on the left - across the street from the office!
  • Road Surface Type: Asphalt
  • Subdivision Name: GREENWAY MANOR
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Community Features:Pool2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Tile, Foam

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: 1 Space/Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: APS, SRP, Individual Meter
  • Cooling: Electric, Individual
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Palomino Primary School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Greenway Middle School

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 214-39-100

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Annual Gross Income: 53458.0
  • Insurance Expense: 2500.0
  • Annual Operating Expense: 12181.0

Tax Info

  • Tax Annual Amount: 1341.0
  • Tax Book Number: 214.00
  • Tax Lot: 72

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 $1,380 $13,862 -- --
2024 $1,351 $13,202 -- --
2023 $1,351 $39,300 $7,860 $31,440
2022 $1,337 $27,000 $5,400 $21,600
2021 $1,341 $23,160 $4,630 $18,530
2020 $1,300 $20,470 $4,090 $16,380
2019 $1,302 $18,050 $3,610 $14,440
2018 $1,259 $15,830 $3,160 $12,670
2017 $1,207 $14,950 $2,990 $11,960
2016 $1,187 $13,410 $2,680 $10,730
2015 $1,099 $12,570 $2,510 $10,060
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 For Sale $689,000 +322.7% --
02/18/2014 02/18/14 Sold $163,000 -4.1% $45 / Sq Ft
01/29/2014 01/29/14 Pending -- -- --
10/14/2013 10/14/13 For Sale $169,900 -- $47 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Cash Sale Deed $171,700 Lawyers Title Of Arizona Inc
Cash Sale Deed $163,000 Chicago Title Agency Inc
Interfamily Deed Transfer -- None Available
Cash Sale Deed $90,000 Chicago Title
Warranty Deed $380,000 Tsa Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $304,000 New Conventional
Previous Owner $38,000 Credit Line Revolving
Closed $38,000 No Value Available
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6914888

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-39-100