Excellent Investment Opportunity! This 4 plex, single building multi-family investment consists of 2 - 3 Bed 2 bath units, 1 - 1 Bed 1 bath unit, and 1 - 3 bed 2 bath unit. Building features include updated heating and air, well maintained and professionally managed, stable rent with room to improve to market rates. The complex itself features multiple play areas, a pool and community center. Sellers will be using 1031 exchange. Call with any questions. No showings, drive by only until accepted contract.
Multi-familyProperty Type
1982Year Built
4 spacesParking
Listed by Curtis Dean• NORTH&CO.
Bought with Frank Morales• NOMAD BROKERAGE ARIZONA LLC
Excellent rental history and fully occupied. Well taken care of 4 plex. One 1 bedroom 1 bath unit. two 2 bedroom 2 bath units and one three bedroom 3 bath unit. One covered parking space per unit. HOA pays for water, sewer, garbage,Security and common area landscaping.
ARMLS #5590518
May 22, 2017
Sold
$205,000
Apr 18, 2017
Pending
—
Apr 14, 2017
Listed
$210,000
+2
Wow! Super Investment property in North Phoenix location, just minutes from 51 freeway. Across from Palomino School and Park. HOA fee includes water, trash, landscaping, and pool upkeep. Tenant pays electric on individual meters. All units have washer & dryer hook-ups & covered parking. Check these rents:One 3 bed $793, two 2 beds $665 each & One 1 bed $565. Great cash flow.
Public Records
Jun 30, 2015
Sold
$180,000
ARMLS #5282055
Jun 8, 2015
Pending
—
Jun 8, 2015
Sold
$180,000
May 19, 2015
Listed
$189,900
ARMLS #4458060
Mar 9, 2011
Sold
$90,000
Jan 13, 2011
Pending
—
Sep 12, 2010
Listed
$105,000
ARMLS #2665199
Nov 1, 2007
Listing Removed
—
Dec 6, 2006
Listed
$429,000
Public Records
Dec 1, 2005
Sold
$380,000
Public Records
Sep 1, 2005
Sold
$17,300,000
Public Records
Sep 9, 2004
Sold
$12,100,000
Public Records
Jan 26, 1998
Sold
$8,850,000
Public Records
Jun 4, 1993
Sold
$2,640,000
Public Records
Dec 5, 1986
Sold
$544,000
Public Records
Dec 5, 1986
Sold
$324,000
Year
Property tax
Land + Additions
Assessment*
2025
$1,405 (+2.7%)
2024
$1,368 (+2.1%)
2023
$1,340 (+1.0%)
2022
$1,326 (−0.3%)
$5,350 + $21,420
$26,770
2021
$1,330 (+3.2%)
$4,580 + $18,330
$22,910
2020
$1,289 (−0.1%)
$4,050 + $16,200
$20,250
2019
$1,291 (+3.4%)
$3,580 + $14,330
$17,910
2018
$1,248 (+4.3%)
$3,580 + $14,330
$17,910
2017
$1,197 (+1.8%)
$2,970 + $11,890
$14,860
2016
$1,176 (+7.9%)
$2,650 + $10,630
$13,280
2015
$1,090 (−1.1%)
$2,490 + $9,990
$12,480
2014
$1,102 (+17.8%)
$2,070 + $8,300
$10,370
2013
$936 (−15.1%)
$1,450 + $5,810
$7,260
2012
$1,102 (−5.1%)
$1,820 + $7,310
$9,130
2011
$1,160 (−45.0%)
$2,120 + $8,490
$10,610
2010
$2,109 (+0.5%)
$4,410 + $17,650
$22,060
2009
$2,099
$5,110 + $20,470
$25,580
Tax history for 2814 E Kathleen Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,405 (+2.7%)
2024
$1,368 (+2.1%)
2023
$1,340 (+1.0%)
2022
$1,326 (−0.3%)
$5,350 + $21,420
$26,770
2021
$1,330 (+3.2%)
$4,580 + $18,330
$22,910
2020
$1,289 (−0.1%)
$4,050 + $16,200
$20,250
2019
$1,291 (+3.4%)
$3,580 + $14,330
$17,910
2018
$1,248 (+4.3%)
$3,580 + $14,330
$17,910
2017
$1,197 (+1.8%)
$2,970 + $11,890
$14,860
2016
$1,176 (+7.9%)
$2,650 + $10,630
$13,280
2015
$1,090 (−1.1%)
$2,490 + $9,990
$12,480
2014
$1,102 (+17.8%)
$2,070 + $8,300
$10,370
2013
$936 (−15.1%)
$1,450 + $5,810
$7,260
2012
$1,102 (−5.1%)
$1,820 + $7,310
$9,130
2011
$1,160 (−45.0%)
$2,120 + $8,490
$10,610
2010
$2,109 (+0.5%)
$4,410 + $17,650
$22,060
2009
$2,099
$5,110 + $20,470
$25,580
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
High School District: Paradise Valley Unified District
Elementary School: Palomino Primary School
Elementary School District: Paradise Valley Unified District
Location Information
Directions: From Greenway, North on 29th St, left on E Marconi Ave (enter gated community), Left on 28th St, Right on Kathleen, property is Building 52 (sign on the front) on the corner of Kathleen and 28th st.
Community Information
Community Features: Barbecue, Play Area, Clubhouse, Pool
Utility Information
Electric: APS
Sewer: Public Sewer
Public facts
Beds: 8
Baths: 7.5
Sq. Ft.: 3,618
Stories: 2.0
Parking Spaces: 4
Basement: No
Accessible: No
Lot Size: 5,768 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1982
Year Renovated: 1982
County: Maricopa County
APN: 21439080
HOA Dues: —
Garage: No
Features: Pool
Home facts updated by owner on Jul 24, 2023
Other
Listing Information
Water Source: Individual Meter, City Franchise
Around this home
Schools
Palomino Primary School
Public PreK-6 • Assigned • 0.1mi
1/10
Greenway Middle School
Public 5-8 • Assigned • 0.5mi
5/10
North Canyon High School
Public 7-12 • Assigned • 2.2mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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