The Grandview Portfolio is a 16-unit, garden-style community built in 1984 with solid block construction. Comprised of four fully condo-mapped, single-story buildings on individual parcels, the property offers flexible exit strategies. Each spacious 2-bed/1-bath unit (approx. 900 SF) features private fenced patios, full-size appliances, large picture windows, washer/dryer hookups, and covered entries. The site includes 24 covered parking spaces, pitched roofs, mature landscaping, copper plumbing, individual electric metering, and recently installed sewer clean-outs. Ideally located near 32nd Street and Bell Road, the property offers excellent access to SR-51, Loop 101, and nearby retail, dining, and employment hubs--making it a strong investment in a high-demand North Phoenix submarket.
Paradise Valley Village, located between the Phoenix Mountains Preserve and Scottsdale Road, is a residential and commercial Phoenix neighborhood with desert trailheads and mid-century ranch streetscapes. The neighborhood’s character concentrates around the Tatum Blvd and Cactus Rd crossroads, where patios, local eateries, and everyday errands share the same sunlit blocks. Musical Instrument Museum anchors the cultural calendar with galleries and live performances. PV Mall Park adds a modern green commons on the former mall grounds, while Stonecreek Golf Club threads fairways through the grid. Homes range from classic ranches to contemporary rebuilds, with mountain views framing many blocks.
Provided by Walk Score and Local Logic
Market insights
3027 E Grandview Rd #1 · $2,800,000
DAYS ON MARKET
41 days
The average home goes pending in 98 days.
SALE-TO-LIST
96.2%
Most homes are selling 4% below list price.
LIST PRICE
$2,800,000
Median sale price in this area is $291,923. (90% lower than this home)
PRICE DROP
0 price drops
20% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Disposal
Dishwasher
Refrigerator
Free‑Standing Electric Oven
Washer/Dryer
Bathrooms
128 total bathrooms
Kitchen
Disposal
Dishwasher
Refrigerator
Free‑Standing Electric Oven
Laundry & utility
Washer/Dryer
Flooring
Tile
Heating & cooling
Electric heating
Central air conditioning
Heat pump
Exterior features
No pool
Multiple parcels
Home design
Fee simple ownership
Concrete and asphalt road surfaces
4 buildings on site
Parking
32 parking spaces total
24 covered spaces
8 open parking spaces
Attached carports (more than 1 space per unit)
Construction
Wood frame construction
Painted exterior
Stucco finish
Composition roof
Utilities
City franchise water
Public sewer
Electric: Other (see remarks)
Electricity and solar
View estimated energy costs and solar savings for this home
Offered at actual 6.00% CAP rate with current NOI. Adjust rents to market for a 7.0% CAP. Property consists of four separate single-level buildings containing 16 two-bedroom/one-bath rental units of approximately 900 square feet situated on individual tax parcels (condo-mapped). Garden style buildings constructed with pitched composition roofing and there are 24 covered parking spaces. Unit amenities include in-unit washer/dryer hook-ups, fenced private back patios, large picture windows, covered entries, contemporary floor-plans and full-size appliances. Units are individually metered for electricity and have copper plumbing. Sewer clean-outs have been installed. upside in rents without cap impro
Public Records
Jan 11, 1999
Sold
$525,000
Public Records
Jan 29, 1996
Sold
$336,000
Public Records
Jun 2, 1987
Sold
$50,000
Public Records
Jun 2, 1987
Sold
$40,000
Public Records
Jul 17, 1986
Sold
$549,000
Year
Property tax
Land + Additions
Assessment*
2025
$495 (+2.7%)
2024
$482 (+2.1%)
2023
$472 (+1.0%)
2022
$467 (−0.3%)
$2,150 + $8,600
$10,750
2021
$468 (+3.2%)
$1,660 + $6,670
$8,330
2020
$454 (−0.1%)
$1,360 + $5,460
$6,820
2019
$454 (+3.4%)
$1,200 + $4,810
$6,010
2018
$440 (+4.3%)
$1,200 + $4,810
$6,010
2017
$421 (+1.8%)
$920 + $3,690
$4,610
2016
$414 (+7.9%)
$890 + $3,570
$4,460
2015
$384 (+8.1%)
$650 + $2,630
$3,280
2014
$355 (+2.0%)
$560 + $2,270
$2,830
2013
$348 (−17.1%)
$540 + $2,160
$2,700
2012
$420 (−9.2%)
$690 + $2,790
$3,480
2011
$463 (−17.3%)
$840 + $3,390
$4,230
2010
$559 (−5.2%)
$1,170 + $4,680
$5,850
2009
$590
$1,300 + $5,210
$6,510
Public record
Public record
Zoning
Beds
—
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1984
Finished Sq. Ft.
910
Unfinished Sq. Ft.
—
Total Sq. Ft.
910
Year built
1984
Style
Condo/Co-op
County
Maricopa County
APN
21431270
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 27, 2026.
R-3
Multifamily Residence District
The purpose of the multifamily residence districts is to provide for alternate living styles including rental, condominiums and single ownership of land with multiple units thereon or single or attached townhomes.; The density ranges offered are intended to allow for a greater interaction of residents with at least the opportunity for less individual maintenance, unit cost, and size as compared with a conventional single-family residence.; The design options of average lot subdivision, planned residential and single-family attached development are intended to provide flexibility as to unit placement, variable yard requirements, more reasonable and practical use of open spaces, staggered height limits up to three and four stories and more standardized parking and street improvement requirements. Bonus provisions are intended to facilitate and enhance the utilization of smaller infill parcels as well as unusual and irregular parcels throughout the City.; Along with the freedom that the multifamily district offers are certain responsibilities which must be met for project residents, but more importantly for the overall adjacent neighborhood. These are expressed in terms of standards and performance criteria. The standards internal to a project are intended to increase livability with amenities including landscaping, recreational facilities and project design. On the other hand the exterior standards provide a better fit, [and] better the project and the neighborhood environs. Criteria relating to setbacks, screening and landscaping are intended to reduce noise, maintain privacy and minimize psychological feelings to a change in development character and avoid any adverse effect on property values.
Permitted uses
Include but are not limited to:
Religious facility
Public service
Educational/school
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