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Sold on 02/28/2024

2832 E Monte Cristo Ave, Phoenix, AZ 85032

  • $650,000

    Last sold 02/28/2024 after 127 Days

  • 8

    bed

  • 9

    bath

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

About 2832 E Monte Cristo Ave

Property type Multi-family
Neighborhood
Year built 1982
HOA fee $0/month
Property description
Don't miss this opportunity!! Value add 4plex in North Central Phoenix! Tenants are month to month! New owner will achieve immediate income increase by doing a refresh of the interiors. 1982 constructed building with an incredible unit mix: One - 3 bed / 3 bath, Two 2 bed / 2 bath units and one 1 bed / 1 bath. The residents love the huge interiors with modern layouts and in-unit full size washer/dryer. Tenants pay their individually metered electric / cable (no gas), while landlord just pays the HOA dues (includes: water, sewer, trash, common area, and the pool). Each building in the community has 4 covered parking spaces and additional uncovered spaces. *Update-HOA just installed submeters for water/sewer billing direct to tenants!! Painting all walls and buildings is underway!!
Listed by
Listing Agent - Richard Horst
Listing Office - Keller Williams Arizona Realty
Source: ARMLS mls logo
MLS#6623278 • last updated 1 year ago
Movoto checked ARMLS for data 6 minutes ago
Overview
Cooling/AC Ceiling Fan(s), Electric, Heat Pump, Individual
Heating Individual, Heat Pump, Electric
MLS # 6623278
Type Multiple Dwellings
Status Closed
Property Tax 1341
Year Built 1982
Interior
Flooring Carpet, Ceramic Tile
Appliances Free-Standing Range, Dishwasher, Refrigerator, W/D Hookup
Exterior
Roof Rolled/Hot Mop
Construction Wood Frame, Painted, Stucco
Parking Carport
# of Open Parking Spaces 4
# of Covered Spaces 4
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision Greenway Manor
Community Features Barbecue, Play Area, Clubhouse, 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 Greenway High School
APN 214-39-039
Zoning Multi Family
Directions West On Greenway From Hwy 51, North (right) On 29th St To Palomino Pointe On The Left. Enter Through Main Gate & Right On 28th St. Followed By Another Right To Monte Cristo. Building 11 On The Left
Multifamily Details
Total # of Units 4
Expense: Operating 13483
Financial Data Source Owner
Expense: Insurance 1350
Net Operating Income 35597
Gross Income 49080
Expense: Professional Management 3848
Gross Scheduled Income 49080
We are not permitted to show value estimates for this property.
  • Feb 2024
    mls logo MLS # 6623278
  • Feb 28, 2024 Sold
    $650,000
  • Jan 17, 2024 Active
    —
  • Jan 15, 2024 Price Change
    $650,000 (+3.2%)
  • Dec 6, 2023 Price Change
    $629,950 (-2.7%)
  • Dec 3, 2023 Price Change
    $647,450 (-0.4%)
  • Oct 24, 2023 Listed
    $649,950
  • Year Property taxes Tax assessment
  • 2024
    $1,370 +2.1%
    $44,330 -12.84%
  • 2023
    $1,341 +1.0%
    $50,860 +30.41%
  • 2022
    $1,328 -0.3%
    $39,000 +45.52%
  • 2021
    $1,332 +3.2%
    $26,800 +16.78%
  • 2020
    $1,291 -0.1%
    $22,950 +13.22%
  • 2019
    $1,292 +3.4%
    $20,270 +13.11%
  • 2018
    $1,250 +4.3%
    $17,920 +13.78%
  • 2017
    $1,198 +1.7%
    $15,750 +5.92%
  • 2016
    $1,178 +8.0%
    $14,870
  • 2015
    $1,091
    —
  • 2832 E Monte Cristo Ave
    $650K
  • Paradise Valley Village
    $625K -3% y/y
  • 85032
    $459K +5% y/y
  • Phoenix
    $469K -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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  • AZ
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  • 2832 E Monte Cristo Ave
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