2801 E MARCONI Avenue, Phoenix, AZ 85032
$740,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$740,000
Last Modified:
9/15/2025
Description
Turn Key 4plex in North Central Phoenix! Long term tenants with established market rent leases. A 1982 constructed building with a fantastic unit mix: One - 3bed/3bath, Two - 2bed/2bath units and One - 1bed/1bath. New ownership can realize immediate cash flow with room to improve income by renovating the 1bed/1bath unit.
Huge interiors with modern layouts and in-unit full size washer/dryer. Average sqft over 1000 sq ft/unit. Tenants pay their individually metered electric, while the landlord just pays the HOA dues (includes: water, sewer, trash, common area maintenance, and the pool). The building has 4 covered parking spaces and additional uncovered spaces available for tenant usage.
More Information MLS# 6878531
Contract Info
Current Price: $740,000
List Price: $740,000
Status: Active
List Date: 2025-06-11
Ownership: Fee Simple
Location Tax Legal
House Number: 2801
Compass: E
Street Name: MARCONI
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85032
Zip4: 3775
County Code: Maricopa
Subdivision: GREENWAY MANOR
Assessor Number: 214-39-077
Tax Year: 2024
General Property Description
Lot Size Dimensions: 80x120
Year Built: 1982
Uncvrd Parking Spcs: 4
Total # of Units: 4
# of Buildings: 1
Zoning: MF
Elementary School District: Paradise Valley Unified District
High School District: Paradise Valley Unified District
Remarks Misc
Cross Street: 29th Street and Greenway
Directions: From Greenway go North on 29th street. Left on Marconi into the complex. Drive through the gate and continue straight on Marconi until it ends. Building #49 will be on your left (South side).
Geo Lat: 33.6311
Geo Lon: -112.021954
Legal Info
Township: 3N
Range: 3E
Section: 2
Lot Number: 49
Income Expenses
Gross Annual Sch Inc: 69444
Net Operating Income: 57498
Showing Notification Methods
Showing Service: No Showing Service Used
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 850
Avg SqFt: 929
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1575
Avg SqFt: 1105
# Baths: 2
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 1790
Avg SqFt: 1300
# Baths: 3
Property Features
Project Type: Four Plex
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Built-Up
Floors: Vinyl
Sale Includes: Land & Building
Community Features: Pool; Clubhouse; Barbecue
Exterior Amenities: Desert Landscaping; Fenced; Patio/Balcony
Interior Amenities: Fire/Smoke Alarm(s)
Appliances Included: Built-In Electric Oven; Built-In Range; Refrigerator; Dishwasher; Disposal; Washer/Dryer
Heating: Individual
Cooling: Ceiling Fan(s); Electric; Individual
Water Source: City Franchise
Sewer: Sewer - Public; Sewer-In & Connected
Electric: APS
Gas: None
Parking Features: Carport; >1 Space Per Unit; Free
Owner Pays: See Remarks
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Owner
Lockbox Type: None
New Financing: Cash; VA; FHA; Conventional
Environmental: None
Listing Office: Orion Investment Real Estate
Last Updated: September - 15 - 2025
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.