$900,000

Estimated payment $4,791/month

Total Views 10
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Evaporated cooling system
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Paradise Valley High School Rated A

About This Home

Available as a 4 unit or buy both buildings, also listed for a total of 8 units. Located at 3048 E Beck Ln, Phoenix, AZ 85032, this well-positioned 4-unit townhouse-style apartment property offers immediate income in a high-demand North Phoenix submarket. Conveniently situated near shopping, public transportation, and SR-51 freeway access, providing strong tenant demand and long-term rental stability. The property consists of two separate two-story buildings being sold together or seperatly. Each unit features a spacious 2-bedroom, 2-bath townhouse layout, full appliance package, and in-unit washer and dryer. All units include a private, fenced backyard, a rare and attractive feature that supports tenant retention and future rent growth. The asset is 100% occupie

Listing Agent

Simon Enwia, CCIM

SENW License #BR705313000 Listed on: 01/16/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,573

Year Built

  • Built in 1983

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 5 Parking Spaces
  • 5 Covered Spaces

Schools

  • Palomino Primary Elementary School
  • Paradise Valley High Middle School
  • North Canyon High School

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 214-37-027-D

Community Details

Overview

  • 4 Units
  • Building Dimensions are 9452
  • Paradise Park Estates Lots 12 20 Subdivision

Building Details

  • Operating Expense $10,351
  • Gross Income $63,960
  • Net Operating Income $53,609

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,573

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: 32nd STREET & GREENWAY
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2025
  • Subdivision Name: PARADISE PARK ESTATES LOTS 12-20
  • Tax Parcel Letter: D
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Stucco
  • Roof: Built-Up

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0

Utilities

  • Electric: APS
  • Cooling: Evaporative Cooling, Individual
  • Heating: Individual, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Water Sewer Expense: 5344.0

Schools

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

Lot Info

  • Lot Size: 9452
  • Additional Parcels: No
  • Parcel #: 214-37-027-D

Multi Family

  • Owner Pays: Other, Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Electric Expense: 455.06
  • Annual Gross Income: 63960.0
  • Insurance Expense: 1478.5
  • Property Net Operating Income: 53609.44
  • Annual Operating Expense: 10350.56

Tax Info

  • Tax Annual Amount: 1573.0
  • Tax Book Number: 214.00
  • Tax Lot: 15

Map

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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 $1,573 $15,393 -- --
2024 $1,500 $14,660 -- --
2023 $1,500 $47,880 $9,570 $38,310
2022 $1,485 $33,670 $6,730 $26,940
2021 $1,489 $29,950 $5,990 $23,960
2020 $1,443 $26,230 $5,240 $20,990
2019 $1,445 $21,570 $4,310 $17,260
2018 $1,398 $20,810 $4,160 $16,650
2017 $1,340 $17,650 $3,530 $14,120
2016 $1,318 $15,930 $3,180 $12,750
2015 $1,220 $14,010 $2,800 $11,210
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/16/2026 01/16/26 For Sale $900,000 +122.2% --
01/25/2021 01/25/21 Sold $405,000 -10.0% $101 / Sq Ft View Prior Sale
12/22/2020 12/22/20 Pending -- -- --
12/18/2020 12/18/20 For Sale $450,000 -- $112 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $737,500 Security Title Agency
Warranty Deed $405,000 Chicago Title Agency
Cash Sale Deed $80,000 First American Title Ins Co
Trustee Deed $326,727 Servicelink
Warranty Deed $325,000 Fidelity National Title
Warranty Deed $120,000 Security Title Agency
Warranty Deed $105,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $527,312 New Conventional
Previous Owner $225,000 New Conventional
Previous Owner $96,000 New Conventional
Previous Owner $73,500 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6969983

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-37-027D