3048 E Beck Ln Phoenix, AZ 85032
Paradise Valley Village NeighborhoodEstimated payment $4,791/month
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
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 |
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: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6969983
APN: 214-37-027D
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