Movoto Real Estate
Sold on 09/01/2018

2843 E Marconi Ave, Phoenix, AZ 85032

  • $269,000

    Last sold 09/01/2018 after 80 Days

  • 8

    bed

  • 4

    bath

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

About 2843 E Marconi Ave

Property type Multi-family
Neighborhood
Year built 1982
HOA fee $0/month
Property description
This is an excellent investment opportunity at this price! This unit is unique with four 2 bed/2 bath units. This building was previously the model with the primary unit offering updated tile flooring on the main level, updated cabinets and wood laminate flooring in main living areas of the other 3 units. The location of this building has easy access to the school across the street and just a few steps from the pool. Each apartment has a balcony or private patio. This is a superb passive investment for those who want to put their money into an incredible cash flowing property. Please do not walk property. Do not disturb tenants.
Listed by
Listing Agent - Jill Anderson
Listing Office - Russ Lyon Sotheby's International Realty
Source: ARMLS mls logo
MLS#5779686 • last updated 2 years ago
Movoto checked ARMLS for data 8 minutes ago
Overview
Cooling/AC Electric
Heating Electric
MLS # 5779686
Type Multiple Dwellings
Status Closed
Property Tax 1204
Year Built 1982
Interior
Flooring Carpet, Ceramic Tile, Vinyl
Appliances Free-Standing Range, Refrigerator
Exterior
Roof Built-Up
Construction Wood Frame, Painted, Stucco
Parking 1 Space/Unit, Carport
# of Open Parking Spaces 4
# of Covered Spaces 4
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision GREENWAY MANOR LOT 1-72 TR A-E
Community Features Barbecue, Sport Court, Play Area, Clubhouse, Spa(s), 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 214-39-099
Zoning Residential
Directions West To 29th Street, North To Complex On Left. Gates Are Open During The Day.
Multifamily Details
Total # of Units 4
Expense: Operating 14364
Financial Data Source Owner
Expense: Maintenance 1500
Vacancy Allowance 0.05
Expense: Insurance 1200
Net Operating Income 18816
Expense: Electric 200
Expense: Professional Management 2520
We are not permitted to show value estimates for this property.
  • Oct 2021
    mls logo MLS # 6251454
  • Oct 5, 2021 Sold
  • Sep 23, 2021 Pending
  • Sep 23, 2021 Sold
    $530,000 (+1.0%)
  • Sep 9, 2021 Pending
  • Jun 27, 2021 Price Change
    $525,000 (-6.1%)
  • Jun 16, 2021 Listed
    $559,000 (+41.6%)
  • Sep 2021
    Public Records
  • Sep 30, 2021 Sold
    $530,000
  • Nov 2020
    mls logo MLS # 6105735
  • Nov 13, 2020 Sold
    $394,900
  • Oct 26, 2020 Pending
  • Oct 25, 2020 Listed
  • Oct 23, 2020 Pending
  • Oct 23, 2020 Listed
  • Oct 22, 2020 Sold
    $399,900 (+48.7%)
  • Jul 31, 2020 Listed
    $399,900 (+48.7%)
  • Jul 20, 2020 Listed
  • Nov 2020
    Public Records
  • Nov 12, 2020 Sold
    $394,900 (-1.3%)
  • Aug 2020
    mls logo MLS # 5779686
  • Aug 18, 2020 Sold
    $269,000
  • Aug 18, 2020 Price Change
    $269,000 (-32.7%)
  • Jun 13, 2018 Listed
  • Aug 2018
    Public Records
  • Aug 31, 2018 Sold
    $269,000 (-29.2%)
  • Nov 2005
    Public Records
  • Nov 30, 2005 Sold
    $380,000
  • 2843 E Marconi Ave
    $269K
  • Paradise Valley Village
    $625K -3% y/y
  • 85032
    $459K +5% y/y
  • Phoenix
    $465K -2% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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