$3,100,000
$212K PRICE DROP

Estimated payment $16,138/month

Total Views 4,251
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heat Pump System
  • Paradise Valley High School Rated A

About This Home

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 entries. The site includes 24 covered parking spaces, pitched roofs, mature landscaping, copper plumbing, individual electric metering, and recently installed sewer clean-outs. Ideally located near 32nd Street and Bell Road, the property offers excellent access to SR-51, Loop 101, and nearby retail, dining, and employment hubs—making it a strong investment in a high-demand North Phoenix submarket.

Listing Agent

Andrew Arambula

ABI Multifamily License #SA688881000 Listed on: 06/12/2025

Co-Listing Agent

Bryce Neagle

ABI Multifamily License #SA692871000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $482

Year Built

  • Built in 1984

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 8 Open Parking Spaces
  • 32 Parking Spaces
  • Carport
  • Over 1 Space Per Unit

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Ceramic Tile Flooring
  • Additional Parcels

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 214-31-270

Community Details

Overview

  • 4 Buildings
  • 16 Units
  • Building Dimensions are multiple parcels
  • Grandview North Condominium Units 1 4 Bldgs A D Subdivision

Building Details

  • Operating Expense $482
  • Gross Income $268,000
  • Net Operating Income $213,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$482

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 4
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2024
  • Co List Office Mls Id: abim01
  • Co List Office Phone: 602-714-1400
  • Subdivision Name: GRANDVIEW NORTH CONDOMINIUM UNITS 1-4 BLDGS A-D
  • Cooling:Central Air: 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
  • Appliances: Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Washer/Dryer
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 24.0
  • Parking Features: >1 Space Per Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 32.0
  • General Property Description:Covered Parking Spcs: 24.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 32.0
  • Parking Features:Carport: Yes
  • Parking Features >1 Space Per Unit: Yes

Utilities

  • Electric: City Electric
  • Cooling: Central Air, Heat Pump
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Paradise Valley Unified District

Lot Info

  • Lot Size: multiple parcels
  • Additional Parcels: Yes
  • Parcel #: 214-31-270

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 16
  • Annual Gross Income: 268000.0
  • Property Net Operating Income: 213000.0
  • Annual Operating Expense: 482.0

Tax Info

  • Tax Annual Amount: 482.0
  • Tax Book Number: 214.00
  • Tax Lot: 1

Map

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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 $495 $4,840 -- --
2024 $472 $4,610 -- --
2023 $472 $15,610 $3,120 $12,490
2022 $467 $10,750 $2,150 $8,600
2021 $468 $8,330 $1,660 $6,670
2020 $454 $6,820 $1,360 $5,460
2019 $454 $6,010 $1,200 $4,810
2018 $440 $4,720 $940 $3,780
2017 $421 $4,610 $920 $3,690
2016 $414 $4,460 $890 $3,570
2015 $384 $3,280 $650 $2,630
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2025 10/28/25 Price Changed $3,100,000 -6.4% --
06/12/2025 06/12/25 For Sale $3,312,000 +163.7% --
03/10/2017 03/10/17 Sold $1,256,000 -1.8% $1,380 / Sq Ft View Prior Sale
01/23/2017 01/23/17 Pending -- -- --
12/13/2016 12/13/16 For Sale $1,279,000 -- $1,405 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $1,256,000 American Title Svc Agency Ll
Warranty Deed $525,000 Old Republic Title Agency
Warranty Deed $336,000 --
Trustee Deed -- Security Title Agency
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6879328

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-31-270