2838 E LE MARCHE Avenue, Phoenix, AZ 85032
$680,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$680,000
Last Modified:
7/17/2025
Description
Investor's Delight for CASH FLOW! All units rented, 2br/2ba each for 3 Units with inside laundry. Unit 103 is a 1.5ba. Ideal location to schools close by, Loop 101 and 51, Desert Ridge, Scottsdale & Downtown Phoenix, DRIVE BY ONLY, DO NOT DISTURB TENANTS. There are 4 Leased Units that are each 2 Bedrooms. Average Rent is $1,467 per Unit., totaling $$5,866 Gross Rent/monthly..
More Information MLS# 6853924
Contract Info
Current Price: $680,000
List Price: $680,000
Status: Active
List Date: 2025-04-18
Ownership: Fee Simple
Location Tax Legal
House Number: 2838
Compass: E
Street Name: LE MARCHE
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85032
Zip4: 8305
County Code: Maricopa
Subdivision: GREENWAY MANOR
Assessor Number: 214-39-046
Tax Year: 2024
General Property Description
Lot Size Dimensions: 5808
Year Built: 1982
Uncvrd Parking Spcs: 4
Total # of Units: 4
# of Buildings: 1
Zoning: MULTI
Elementary School District: Paradise Valley Unified District
High School District: Paradise Valley Unified District
Remarks Misc
Cross Street: 32nd St & Greenway
Directions: West to 29th St, N to Marconi/Entrance to Palomino Point. Straight to stop sign, N on 28th Place, E on Le Marche Ave to Bldg 18
Geo Lat: 33.633022
Geo Lon: -112.020458
Legal Info
Township: 3N
Range: 3E
Section: 2
Lot Number: 18
Income Expenses
Gross Annual Sch Inc: 70392
Net Operating Income: 62059
Showing Notification Methods
Showing Service: No Showing Service Used
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 1467
Avg SqFt: 900
# Baths: 75
Property Features
Project Type: Four Plex
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Built-Up
Floors: Vinyl; Carpet
Sale Includes: Land & Building
Community Features: Pool; Play Area; Barbecue
Exterior Amenities: Cable TV Available
Interior Amenities: Unfurnished; Fire/Smoke Alarm(s)
Appliances Included: Built-In Electric Oven; Built-In Range; Refrigerator; Disposal; Washer/Dryer; W/D Hookup
Heating: Heat Pump
Cooling: Ceiling Fan(s); Electric; Heat Pump
Water Source: City Franchise; Individual Meter
Sewer: Sewer - Public
Electric: APS; Individual Meter
Gas: None
Parking Features: Carport; <1 Space Per Unit
Owner Pays: Trash Collection; Landscaping; Pool Maintenance
Tenant Pays: Water; Electricity
Source of Fincl Data: Owner; Accountant; Tax Return
Special: Incorporated Area
Lockbox Type: See Private Remarks; None
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
New Financing: Cash; VA; FHA; Conventional; No Carry
Environmental: None
Listing Office: Re/Max Fine Properties
Last Updated: July - 17 - 2025
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