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Sold on 12/05/2012

2716 E Marconi Ave, Phoenix, AZ 85032

$545,000

Last sold 12/05/2012 for $130K

  • 8

    bed

  • 4

    bath

Multi-family not for sale
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About 2716 E Marconi Ave

Property type Multi-family
Neighborhood
Year built 1984
HOA fee $0/month
Movoto estimate
Property description
Great investment opportunity that presents both cashflow and appreciation. Present owner collects $1,980 monthly against $481 of operating expenses. Month to month leases presently in place. Rehabed 2 years ago. New roof. New A/C units. New Kitchens. Etc
Listed by
Listing Agent - David L Jenkins
Listing Office - RE/MAX Fine Properties
Source: ARMLS mls logo
MLS#4809568 • last updated 2 months ago
Movoto checked ARMLS for data 3 minutes ago
Overview
Cooling/AC Electric
Heating Electric
MLS # 4809568
Type Multiple Dwellings
Status Closed
Property Tax 886
Year Built 1984
Interior
Flooring Concrete
Appliances Free-Standing Range
Exterior
Roof Built-Up
Construction Painted, Stucco, Block
Parking Paved, 1 Space/Unit
# of Open Parking Spaces 4
# of Covered Spaces 9866
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision Andrea Villas
Community Features No Pool
Elementary School Palomino Primary School
Elementary School District Paradise Valley Unified District
Middle School Greenway Middle School
High School District Paradise Valley Unified District
High School North Canyon High School
APN 214-40-178
Zoning R 3
Directions From Cave Creek Go East On Paradise Lane. Turn Right Onto 27th Street. Turn Left On To Marconi St. Subject Property Is On Left.
Multifamily Details
Total # of Units 4
Expense: Operating 5586
Financial Data Source Owner
Expense: Maintenance 1500
Expense: Insurance 1500
Net Operating Income 21000
Expense: Water/Sewer 700
Expense: Gardener 1000
Lot/ Land Details
Road Surface Asphalt
$545K
Range: $479K-$610K
Last 30 days 
  • Apr 2015
    mls logo MLS # 5226205
  • Apr 17, 2015 Sold
    $168,800 (-3.5%)
  • Jan 22, 2015 Listed
    $175,000 (+34.6%)
  • Dec 2012
    mls logo MLS # 4809568
  • Dec 5, 2012 Sold
    $130,000 (-13.0%)
  • Aug 27, 2012 Listed
    $149,500
  • Year Property taxes Tax assessment
  • 2024
    $1,015 +2.1%
    $47,230 -16.5%
  • 2023
    $993 +1.0%
    $56,560 +29.04%
  • 2022
    $984 -0.3%
    $43,830 +40.44%
  • 2021
    $986 +3.2%
    $31,210 +23.02%
  • 2020
    $956 -0.1%
    $25,370 +14.18%
  • 2019
    $957 +3.4%
    $22,220 +23.31%
  • 2018
    $926 +4.3%
    $18,020 +4.1%
  • 2017
    $887 +1.7%
    $17,310 +17.36%
  • 2016
    $873 +8.0%
    $14,750
  • 2015
    $808
    —
  • 2716 E Marconi Ave
    $130K
  • Paradise Valley Village
    $635K -1% y/y
  • 85032
    $454K +5% y/y
  • Phoenix
    $464K -1% y/y
No chart available
Statistics calculated by Movoto

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2/10
Palomino Primary School
public Grades PK, K-3
Paradise Valley Unified District
2/10
Palomino Intermediate School
public Grades 4-6
Paradise Valley Unified District
2/10
Greenway Middle School
public Grades 7-8
Paradise Valley Unified District
4/10
North Canyon High School
public Grades 8-12
Paradise Valley Unified District
Source: GreatSchools.org © 2026. All rights reserved.

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