Kathleen 4 Units is part of a portfolio sale. This presents a rare opportunity to acquire two fourplexes with identical 2 bed/2 bath layouts, located in a quiet, well maintained North Phoenix neighborhood, offering streamlined and cost effective management. Each unit is individually metered and enjoys access to a gated community, grass common areas, and shared community pool. Ideally positioned near Paradise Valley Community College, Bell Road retail corridor, and major employment hubs along Loop 101 and SR-51. With current rent well below market, a new owner has a clear path to boost cash flow through rental increases and capitalize on the area's continued growth. Other address: 2813 E MONTE CRISTO AVE
Multi-familyProperty Type
1982Year Built
6 spacesParking
Listed by Zachary Coty• Compass
Listed by Adam Bowman• Compass
Bought with Luis Espinoza• Gile Commercial Real Estate
Priced to Sell! Great investment opportunity at this price. Convenient location, near the 51 Freeway and public transportation. Services are in walking distance and elementary school is right across the street. Three are currently rented. Building has been updated & well maintained. Gated community has pool, multiple play areas and BBQ's. Each apartment has a balcony or courtyard. This is a great passive investment for those who want to put their money into an incredible cash flowing property. Two units currently rented at $595.00 per month and one at $550.00 per month. Fourth unit is ready to rent.
ARMLS #4857116
Dec 5, 2012
Listing Removed
—
Dec 4, 2012
Contingent
—
Dec 1, 2012
Listed
$119,000
Public Records
Jun 2, 2010
Sold
$105,800
Public Records
Apr 28, 2010
Sold
$93,500
ARMLS #4145461
Jul 23, 2009
Listing Removed
—
Mar 15, 2009
Listed
$199,950
Public Records
Sep 14, 2006
Sold
$450,000
ARMLS #2558581
Jul 6, 2006
Listing Removed
—
Jun 19, 2006
Listed
$450,000
Public Records
Dec 20, 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
$162,000
Year
Property tax
Land + Additions
Assessment*
2025
$1,386 (+2.7%)
2024
$1,350 (+2.1%)
2023
$1,321 (+1.0%)
2022
$1,308 (−0.3%)
$5,280 + $21,120
$26,400
2021
$1,312 (+3.2%)
$4,500 + $18,000
$22,500
2020
$1,271 (−0.1%)
$3,970 + $15,910
$19,880
2019
$1,273 (+3.4%)
$3,530 + $14,150
$17,680
2018
$1,231 (+4.3%)
$3,530 + $14,150
$17,680
2017
$1,180 (+1.7%)
$2,940 + $11,780
$14,720
2016
$1,160 (+7.9%)
$2,620 + $10,480
$13,100
2015
$1,075 (−1.2%)
$2,470 + $9,890
$12,360
2014
$1,088 (+18.1%)
$2,050 + $8,210
$10,260
2013
$922 (−15.3%)
$1,430 + $5,720
$7,150
2012
$1,088 (−4.9%)
$1,800 + $7,220
$9,020
2011
$1,144 (−44.3%)
$2,090 + $8,370
$10,460
2010
$2,052 (−0.4%)
$4,290 + $17,180
$21,470
2009
$2,061
$5,010 + $20,040
$25,050
Tax history for 2822 E Kathleen Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,386 (+2.7%)
2024
$1,350 (+2.1%)
2023
$1,321 (+1.0%)
2022
$1,308 (−0.3%)
$5,280 + $21,120
$26,400
2021
$1,312 (+3.2%)
$4,500 + $18,000
$22,500
2020
$1,271 (−0.1%)
$3,970 + $15,910
$19,880
2019
$1,273 (+3.4%)
$3,530 + $14,150
$17,680
2018
$1,231 (+4.3%)
$3,530 + $14,150
$17,680
2017
$1,180 (+1.7%)
$2,940 + $11,780
$14,720
2016
$1,160 (+7.9%)
$2,620 + $10,480
$13,100
2015
$1,075 (−1.2%)
$2,470 + $9,890
$12,360
2014
$1,088 (+18.1%)
$2,050 + $8,210
$10,260
2013
$922 (−15.3%)
$1,430 + $5,720
$7,150
2012
$1,088 (−4.9%)
$1,800 + $7,220
$9,020
2011
$1,144 (−44.3%)
$2,090 + $8,370
$10,460
2010
$2,052 (−0.4%)
$4,290 + $17,180
$21,470
2009
$2,061
$5,010 + $20,040
$25,050
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
5,048 Sq. Ft.
Year renovated
1982
Sq. Ft.
3,618
Year built
1982
Style
Multi-Family (2-4 Unit)
County
Maricopa County
APN
21439095
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 27, 2026.
Property details
Parking
Parking Information
Parking Total: 6
Open Parking Spaces: 2
Covered Spaces: 4
Parking Features: See Remarks
Interior
Heating & Cooling
Cooling: See Remarks, Individual
Has Cooling
Heating: See Remarks
Interior Features
Appliances: See Remarks
Flooring: Other
Exterior
Exterior Features
Construction Materials: See Remarks
Roof: See Remarks
Property Information
Ownership: Fee Simple
Lot Information
Lot Size Dimensions: 5048
Building Information
Number Of Buildings: 1
Financial
Tax Information
Tax Annual Amount: $1,350
Tax Year: 2024
Location
School Information
High School District: Paradise Valley Unified District
Elementary School District: Paradise Valley Unified District
Location Information
Directions: East on Greenway Road, Left on 29th Street, North to complex entrance
Community Information
Community Features: Play Area, Pool
Utility Information
Electric: Other (See Remarks), APS, SRP
Sewer: See Remarks
Public facts
Beds: —
Baths: —
Sq. Ft.: 3,618
Stories: 2.0
Lot Size: 5,048 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1982
Year Renovated: 1982
County: Maricopa County
APN: 21439095
Home facts updated by county records on Sep 27, 2026
Other
Listing Information
Water Source: See Remarks
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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