Movoto Real Estate
Sold on 03/17/2016

2807 E Le Marche Ave, Phoenix, AZ 85032

  • $185,000

    Last sold 03/17/2016 after 139 Days

  • 8

    bed

  • 9

    bath

Multi-family not for sale
80 homes bought nearby with Movoto recently

About 2807 E Le Marche Ave

Property type Multi-family
Neighborhood
Year built 1982
HOA fee $0/month
Property description
Back on market! Buyer failed to qualify at the last minute. Very well maintained 4-plex with 100% occupancy! Priced to Sell! Great investment opportunity at this price. Easy access to the 51 & 101 Freeway. Great location in the complex on an interior street. Gated community, community pool and school within 100 yards. Appliances in all units included, some floors and countertops have been updated, recoating of roof has been completed, 4 newer HVAC units. This is a great passive income for an investor.
Listed by
Listing Agent - Jill Anderson
Listing Office - Russ Lyon Sotheby's International Realty
Source: ARMLS mls logo
MLS#5356048 • last updated 2 years ago
Movoto checked ARMLS for data 8 minutes ago
Overview
Cooling/AC Electric
Heating Electric
MLS # 5356048
Type Multiple Dwellings
Virtual Tour N/A
Status Closed
Property Tax 1103
Year Built 1982
Interior
Flooring Carpet, Vinyl
Appliances Free-Standing Range, Disposal, Dishwasher, Refrigerator, Washer/Dryer, W/D Hookup
Exterior
Roof Built-Up
Construction Wood Frame, Stucco
Parking Assigned, Add'l Parking Avail, 1 Space/Unit, On Street, Carport
# of Open Parking Spaces 4
# of Covered Spaces 4
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision Palomino Pointe
Community Features Other, See Remarks, Barbecue, Play Area, Pool
Elementary School Palomino Primary School
Elementary School District Paradise Valley Unified District
Middle School Greenway High School
High School District Paradise Valley Unified District
High School Paradise Valley High School
APN 214-39-062
Zoning PAD13 - Multi
Directions 32nd St & Greenway West To 29th Street, North To Marconi/Entrance To Palomino Point, West To Stop Sign, North To Le Marche, West To Building #34 On South Side.
Multifamily Details
Total # of Units 4
Expense: Operating 12779
Financial Data Source Owner, Projected Proforma
Expense: Maintenance 1500
Vacancy Allowance 0.05
Expense: Insurance 1200
Net Operating Income 14273
Expense: Professional Management 2520
We are not permitted to show value estimates for this property.
  • Aug 2020
    mls logo MLS # 5356048
  • Aug 18, 2020 Sold
    $185,000
  • Aug 18, 2020 Price Change
    $184,900
  • Oct 30, 2015 Listed
  • Mar 2016
    Public Records
  • Mar 16, 2016 Sold
    $185,000 (+15.6%)
  • Sep 2013
    Public Records
  • Sep 13, 2013 Sold
    $160,000 (-99.1%)
  • Sep 2005
    Public Records
  • Sep 1, 2005 Sold
    $17,300,000 (+43.0%)
  • Sep 2004
    Public Records
  • Sep 9, 2004 Sold
    $12,100,000
  • 2807 E Le Marche Ave
    $185K
  • Paradise Valley Village
    $647K -1% y/y
  • 85032
    $439K 0% y/y
  • Phoenix
    $465K -2% y/y
No chart available
Statistics calculated by Movoto

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2/10
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Source: GreatSchools.org © 2026. All rights reserved.

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