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Sold on 11/21/2020

2820 E Le Marche Ave, Phoenix, AZ 85032

  • $405,000

    Last sold 11/21/2020 after 78 Days

  • 8

    bed

  • 9

    bath

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

About 2820 E Le Marche Ave

Property type Multi-family
Neighborhood
Year built 1982
HOA fee $0/month
Property description
Huge cap rate with stable tenants! Amazing investment oppertunity. Cash cow 4 plex. Units have had a light refresh and have been well maintained. Will go fast! See private remarks for financing information.
Listed by
Listing Agent - Elianna Ickovic
Listing Office - HomeSmart
Source: ARMLS mls logo
MLS#6127850 • last updated 1 year ago
Movoto checked ARMLS for data 4 minutes ago
Overview
Cooling/AC Ceiling Fan(s), Heat Pump
Heating Heat Pump, 2 Or More Units, Electric
MLS # 6127850
Type Multiple Dwellings
Status Closed
Property Tax 1296
Year Built 1982
Interior
Flooring Carpet, Ceramic Tile, Vinyl
Appliances Free-Standing Range, Disposal, Washer/Dryer, W/D Hookup
Exterior
Roof Composition, Built-Up
Construction Wood Frame, Painted, Stucco
Parking Assigned, 1 Space/Unit
# of Covered Spaces 4
Amenities / Utilities
Water Source Community Franchise
Sewer/Septic Public Sewer
Location
Subdivision GREENWAY MANOR LOT 1-72 TR A-E
Community Features Barbecue, Play Area, Manager Res/Office, Pool
Elementary School District Paradise Valley Unified District
High School District Paradise Valley Unified District
APN 214-39-057
Zoning PAD-13
Multifamily Details
Total # of Units 4
Expense: Operating 22210
Financial Data Source Owner
Expense: Maintenance 2400
Vacancy Allowance 0.05
Expense: Insurance 2400
Net Operating Income 31844
Gross Income 50616
Expense: Electric 7200
Expense: Other 400
Gross Scheduled Income 53280
We are not permitted to show value estimates for this property.
  • Mar 2024
    mls logo MLS # 6613833
  • Mar 30, 2024 Sold
    —
  • Mar 23, 2024 Pending
    —
  • Mar 23, 2024 Sold
    —
  • Mar 22, 2024 Pending
    —
  • Mar 22, 2024 Listed
    —
  • Mar 22, 2024 Sold
    $650,000 (+4.2%)
  • Feb 27, 2024 Pending
    —
  • Feb 21, 2024 Listed
    —
  • Feb 16, 2024 Pending
    —
  • Feb 16, 2024 Listed
    —
  • Feb 16, 2024 Sold
    —
  • Feb 15, 2024 Pending
    —
  • Feb 15, 2024 Listed
    —
  • Feb 15, 2024 Sold
    $624,000 (-4.0%)
  • Jan 19, 2024 Pending
    —
  • Nov 16, 2023 Listed
    —
  • Nov 8, 2023 Pending
    —
  • Oct 4, 2023 Listed
    $650,000 (+60.5%)
  • Nov 2020
    mls logo MLS # 6127850
  • Nov 21, 2020 Sold
    —
  • Nov 16, 2020 Pending
    —
  • Nov 16, 2020 Listed
    —
  • Nov 14, 2020 Sold
    —
  • Oct 26, 2020 Pending
    —
  • Oct 26, 2020 Listed
    —
  • Oct 23, 2020 Sold
    $405,000 (+1.5%)
  • Oct 19, 2020 Pending
    —
  • Sep 4, 2020 Listed
    $399,000 (+70.5%)
  • May 2018
    mls logo MLS # 5753471
  • May 8, 2018 Sold
    $234,000 (-6.4%)
  • Apr 18, 2018 Listed
    $250,000
  • Year Property taxes Tax assessment
  • 2024
    $1,375 +2.1%
    $44,460 -12.91%
  • 2023
    $1,346 +1.0%
    $51,050 +30.46%
  • 2022
    $1,333 -0.3%
    $39,130 +45.57%
  • 2021
    $1,337 +3.2%
    $26,880 +16.62%
  • 2020
    $1,296 -0.1%
    $23,050 +13.16%
  • 2019
    $1,297 +3.4%
    $20,370 +13.36%
  • 2018
    $1,255 +4.3%
    $17,970 +13.88%
  • 2017
    $1,203 +1.7%
    $15,780 +5.84%
  • 2016
    $1,183 +8.0%
    $14,910
  • 2015
    $1,095
    —
  • 2820 E Le Marche Ave
    $405K
  • Paradise Valley Village
    $625K -3% y/y
  • 85032
    $459K +6% y/y
  • Phoenix
    $469K 0% y/y
No chart available
Statistics calculated by Movoto

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  • A smooth, fast sale
  • Skip staging and repairs
  • No strings attached
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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  • 2820 E Le Marche Ave
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