3346 W Harmont Dr Phoenix, AZ 85051
North Mountain Village NeighborhoodEstimated payment $4,588/month
Highlights
- Ceramic Tile Flooring
- 8 Car Garage
- Heating Available
- Central Air
About This Home
high-performing fourplex--arguably the best cash-flowing asset currently available in the Phoenix metro. Fully leased and producing over $6,500/month in gross income with immediate upside through RUBs and rental increases. Strong unit mix: (1) 3BD/2BA + (3) 2BD/1BA, appealing to long-term tenants and driving consistent demand. Each unit offers a garden-style layout with private garage parking--an uncommon feature that sets this property apart. Well-maintained with minimal near-term capex, delivering stable, predictable income from day one. Perfect for investors seeking a clean, income-producing asset with both strong yield and long-term upside. Opportunities like this are rare--act quickly.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,307
Year Built
- Built in 1974
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- Blinds
- Ceramic Tile Flooring
- Fire and Smoke Detector
Parking
- 8 Car Garage
- Garage Door Opener
Utilities
- Central Air
- Heating Available
- Separate Meters
- Natural Gas Not Available
- Master Water Meter
Listing and Financial Details
- The owner pays for water, sewer, trash collection
- Tax Lot 27
- Assessor Parcel Number 150-09-894
Community Details
Overview
- 4 Units
- Building Dimensions are n/a
- Northern Lanai Unit 1 Subdivision
Building Details
- Operating Expense $11,667
- Gross Income $81,456
- Net Operating Income $69,789
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 | $2,307 | $18,155 | -- | -- |
| 2024 | $2,180 | $17,291 | -- | -- |
| 2023 | $2,180 | $42,850 | $8,570 | $34,280 |
| 2022 | $2,109 | $30,960 | $6,190 | $24,770 |
| 2021 | $2,136 | $29,300 | $5,860 | $23,440 |
| 2020 | $2,083 | $27,870 | $5,570 | $22,300 |
| 2019 | $2,045 | $23,150 | $4,630 | $18,520 |
| 2018 | $1,991 | $21,050 | $4,210 | $16,840 |
| 2017 | $1,981 | $18,260 | $3,650 | $14,610 |
| 2016 | $1,945 | $16,350 | $3,270 | $13,080 |
| 2015 | $1,801 | $16,410 | $3,280 | $13,130 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/23/2026 04/23/26 | For Sale | $835,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Chicago Title Agency Inc | |
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Chicago Title Agency Inc | |
| Interfamily Deed Transfer | -- | Chicago Title Agency Inc | |
| Warranty Deed | -- | Chicago Title Agency Inc | |
| Warranty Deed | $300,000 | Chicago Title Agency Inc | |
| Interfamily Deed Transfer | -- | Security Title Agency | |
| Cash Sale Deed | $248,200 | Security Title Agency | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $177,000 | North American Title Agency | |
| Warranty Deed | $148,000 | Transnation Title Ins Co | |
| Joint Tenancy Deed | $122,000 | United Title Agency | |
| Deed In Lieu Of Foreclosure | -- | United Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,336,500 | Construction | |
| Previous Owner | $189,000 | New Conventional | |
| Previous Owner | $144,172 | FHA | |
| Previous Owner | $119,428 | FHA |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7016511
APN: 150-09-894
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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Ask me questions while you tour the home.