2822 E KATHLEEN Road, Phoenix, AZ 85032

$530,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $530,000 Last Modified: 11/15/2025

Description

Kathleen 4 Units is part of a portfolio sale. This presents a rare opportunity to acquire two fourplexes with identical 2 bed/2 bath layouts, located in a quiet, well maintained North Phoenix neighborhood, offering streamlined and cost effective management. Each unit is individually metered and enjoys access to a gated community, grass common areas, and shared community pool. Ideally positioned near Paradise Valley Community College, Bell Road retail corridor, and major employment hubs along Loop 101 and SR-51. With current rent well below market, a new owner has a clear path to boost cash flow through rental increases and capitalize on the area's continued growth. Other address: 2813 E MONTE CRISTO AVE

More Information MLS# 6898947

Contract Info

Current Price: $530,000 Sold Price: $530,000 Status: Closed List Date: 2025-07-30 Ownership: Fee Simple

Location Tax Legal

House Number: 2822 Compass: E Street Name: KATHLEEN St Suffix: Road City/Town Code: Phoenix State/Province: AZ Zip Code: 85032 Zip4: 7985 County Code: Maricopa Subdivision: GREENWAY MANOR Assessor Number: 214-39-095 Tax Year: 2024

General Property Description

Lot Size Dimensions: 5048 Year Built: 1982 Uncvrd Parking Spcs: 2 Total # of Units: 4 # of Buildings: 1 Zoning: [PAD-13] Flood Zone: No Elementary School District: Paradise Valley Unified District High School District: Paradise Valley Unified District

Remarks Misc

Cross Street: 29th Street & Greenway Road Directions: East on Greenway Road, Left on 29th Street, North to complex entrance Geo Lat: 33.630921 Geo Lon: -112.020872

Status Change Info

Off Market Date: 2025-11-15 Under Contract Date: 2025-09-15 Close of Escrow Date: 2025-11-14 Sold Price: $530,000

Legal Info

Township: 3N Range: 3E Section: 2 Lot Number: 67

Income Expenses

Gross Annual Sch Inc: 68676 Net Operating Income: 52326

Showing Notification Methods

Showing Service: No Showing Service Used

2 Bedroom Units

# 2 Bedroom Units: 4 Avg Rent: 735 Avg SqFt: 907 # Baths: 2

Sold Info

Loan Type: Conventional Loan Years: 30 Payment Type: Fixed Closing Cost Split: Normal - N Buyer Concession $/%: % Seller Concession $/%: %

Property Features

Project Type: Four Plex Construction: See Remarks Const - Finish: Other (See Remarks) Roofing: See Remarks Floors: Other Sale Includes: Land & Building Community Features: Pool; Play Area Exterior Amenities: Other (See Remarks) Interior Features: Other (See Remarks) Appliances Included: See Remarks Heating: See Remarks Cooling: Individual; See Remarks Water Source: See Remarks Sewer: See Remarks Electric: APS; SRP; Other (See Remarks) Gas: Other (See Remarks) Parking Features: See Remarks Road Surface Type: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Gas; Other (See Remarks) Source of Fincl Data: Projected Proforma Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None New Financing: Cash; Conventional; 1031 Exchange Environmental: None
Listing Office: Compass
Last Updated: November - 15 - 2025
2822 E KATHLEEN Road, Phoenix, AZ 85032- MLS# 6898947
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