Investment property currently 75% occupied. All Four Units are 2-BR & 2-BA, with built-in kitchen appliance incl. refrigerators. All 4 units have Washer/Dryer hook-ups. Monthly H.O.A for this Building, is $512 and covers pool, common area, parking lot maint., water, sewer & trash. Each unit has power meter & Tenant pays Electric. Seller has updated most units including flooring, paint & hot-water tanks.
Multi-familyProperty Type
1982Year Built
5 spacesParking
Listed by Vicki L Jonovich• Jonovich and Associates Realty
Turn key armchair investment. **This building has private enclosed tenant patios**All two bedroom units! All numbers are proforma - seller in distress. HOA takes care of the yard and utilities and your management will take care of the rest. Buyer to confirm all items of concern prior to close of escrow. Please do not disturb the tenants. Short sale negotiated by Phoenix Multi-Family Mitigation Services(PMMS)They get them DONE!
Public Records
Dec 12, 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
Sep 1, 1989
Sold
$2,532,000
Year
Property tax
Land + Additions
Assessment*
2025
$1,417 (+2.7%)
2024
$1,380 (+2.1%)
2023
$1,351 (+1.0%)
2022
$1,337 (−0.3%)
$5,390 + $21,580
$26,970
2021
$1,341 (+3.2%)
$4,620 + $18,510
$23,130
2020
$1,300 (−0.1%)
$4,090 + $16,360
$20,450
2019
$1,302 (+3.4%)
$3,600 + $14,430
$18,030
2018
$1,259 (+4.3%)
$3,600 + $14,430
$18,030
2017
$1,207 (+1.8%)
$2,980 + $11,950
$14,930
2016
$1,186 (+7.9%)
$2,680 + $10,720
$13,400
2015
$1,099 (−1.0%)
$2,510 + $10,050
$12,560
2014
$1,110 (+17.5%)
$2,080 + $8,350
$10,430
2013
$945 (−14.9%)
$1,460 + $5,870
$7,330
2012
$1,110 (−5.1%)
$1,840 + $7,360
$9,200
2011
$1,170 (−45.3%)
$2,140 + $8,560
$10,700
2010
$2,139 (+0.2%)
$4,470 + $17,910
$22,380
2009
$2,136
$5,180 + $20,720
$25,900
Tax history for 2840 E Kathleen Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,417 (+2.7%)
2024
$1,380 (+2.1%)
2023
$1,351 (+1.0%)
2022
$1,337 (−0.3%)
$5,390 + $21,580
$26,970
2021
$1,341 (+3.2%)
$4,620 + $18,510
$23,130
2020
$1,300 (−0.1%)
$4,090 + $16,360
$20,450
2019
$1,302 (+3.4%)
$3,600 + $14,430
$18,030
2018
$1,259 (+4.3%)
$3,600 + $14,430
$18,030
2017
$1,207 (+1.8%)
$2,980 + $11,950
$14,930
2016
$1,186 (+7.9%)
$2,680 + $10,720
$13,400
2015
$1,099 (−1.0%)
$2,510 + $10,050
$12,560
2014
$1,110 (+17.5%)
$2,080 + $8,350
$10,430
2013
$945 (−14.9%)
$1,460 + $5,870
$7,330
2012
$1,110 (−5.1%)
$1,840 + $7,360
$9,200
2011
$1,170 (−45.3%)
$2,140 + $8,560
$10,700
2010
$2,139 (+0.2%)
$4,470 + $17,910
$22,380
2009
$2,136
$5,180 + $20,720
$25,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Construction Materials: Wood Frame, Painted, Stucco
Roof: Foam
Property Information
Ownership: Fee Simple
Lot Information
Lot Size Dimensions: irr
Building Information
Number Of Buildings: 1
Financial
Tax Information
Tax Annual Amount: $1,110
Tax Year: 2012
Location
School Information
Middle Or Junior School: Greenway High School
High School: Paradise Valley High School
High School District: Paradise Valley Unified District
Elementary School: Palomino Primary School
Elementary School District: Paradise Valley Unified District
Location Information
Directions: West to 29th St., North to Marconi/Gated West side of 29th St. Continue past pool area & turn South 1 block to Kathleen & East to Building 69 on North side.
Community Information
Community Features: Play Area, Pool
Utility Information
Electric: APS, Individual Meter
Sewer: Public Sewer
Public facts
Beds: —
Baths: —
Sq. Ft.: 3,618
Stories: 2.0
Lot Size: 6,219 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1982
Year Renovated: 1982
County: Maricopa County
APN: 21439097
Home facts updated by county records on Sep 27, 2026
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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