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Sold on 03/06/2025

3301 W Harmont Dr, Phoenix, AZ 85051

  • $858,500

    Last sold 03/06/2025 after 56 Days

  • 9

    bed

  • 7

    bath

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

About 3301 W Harmont Dr

Property type Multi-family
Neighborhood
Year built 1974
HOA fee $0/month
Property description
Looking for a solid cash-flowing asset in Phoenix? This 4-plex is a must-see! Currently generating $4,000 per month in gross rental income from three fully-occupied units, this property offers a fantastic opportunity for investors looking to maximize returns. But that's not all - there's huge potential for value-add! The fourth unit is available for house hacking, either by living in it yourself or renting it out for even more income. With the possibility of grossing $5,700 per month once the fourth unit is rented, this property is primed for cash flow expansion.
Listed by
Listing Agent - Daniel K Papin
Listing Office - Realty ONE Group
Source: ARMLS mls logo
MLS#6802584 • last updated 1 year ago
Movoto checked ARMLS for data 4 minutes ago
Overview
Cooling/AC Central Air
Heating Electric
MLS # 6802584
Type Multiple Dwellings
Status Closed
Property Tax 2223
Year Built 1974
Interior
Flooring Ceramic Tile, Vinyl
Appliances Refrigerator, Microwave
Exterior
Roof Composition
Construction Wood Frame, Stucco
# of Open Parking Spaces 2
# of Covered Spaces 4
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision NORTHERN LANAI UNIT 1
Community Features Other
Elementary School District Washington Elementary School District
High School District Glendale Union High School District
APN 150-09-881
Zoning N/a
Multifamily Details
Total # of Units 4
Expense: Operating 3783
Financial Data Source Projected Proforma
Net Operating Income 64617
Gross Income 68400
Gross Scheduled Income 68400
We are not permitted to show value estimates for this property.
  • Feb 2024
    mls logo MLS # 6641173
  • Feb 17, 2024 Price Change
    $795,000 (-1.9%)
  • Dec 15, 2023 Listed
    $810,000 (+58.5%)
  • Nov 2020
    mls logo MLS # 6140533
  • Nov 21, 2020 Sold
    —
  • Nov 13, 2020 Listed
    —
  • Nov 11, 2020 Sold
    $510,888 (-6.9%)
  • Oct 1, 2020 Listed
    $548,888 (+104.8%)
  • May 2017
    mls logo MLS # 5538219
  • May 1, 2017 Sold
    $268,000
  • 3301 W Harmont Dr
    $858K
  • North Mountain
    $389K -3% y/y
  • 85051
    $350K -4% y/y
  • Phoenix
    $469K 0% y/y
No chart available
Statistics calculated by Movoto

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4/10
Palo Verde Middle School
public Grades PK, 7-8
Washington Elementary School District
5/10
Cortez High School
public Grades 9-12
Glendale Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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