2808 E LE MARCHE Avenue, Phoenix, AZ 85032 (MLS# 7076952)

2808 E LE MARCHE Avenue, Phoenix, AZ 85032

$645,000

Property Type: Multiple Dwellings Bedrooms: 8 Baths: 7 Status: Active

Current Price: $645,000 Last Modified: 9/07/2026

Overview

Description

Well-maintained fourplex in Palomino Point/Greenway Manor featuring one 1-bedroom, two 2-bedroom, and one 3-bedroom unit. Three units have been completely remodeled recently, while the fourth has been well maintained. Professional management has kept the property in excellent condition. Most appliances have been updated, along with newer HVAC systems in two units. All four units are currently leased, with the next lease expiring 9/30/26 and the longest through 9/27. Current rents offer upside potential, giving a new owner opportunities to increase revenue as leases renew. Drive-by only; please do not disturb tenants.

Listing Details MLS# 7076952

Location, Tax & Legal

House Number: 2808
Compass: E
Street Name: LE MARCHE
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85032
Zip4: 3749
Country: US
County Code: Maricopa
Subdivision: GREENWAY MANOR
Assessor Number: 214-39-059
Tax Year: 2025
Assessor's Map #: 39
Legal Description (Abbrev): LOT 31 GREENWAY MANOR MCR 023347
Assessor's Parcel #: 59
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 103306
Taxes: 1415
Legal: LOT 31 GREENWAY MANOR MCR 023347
Marketing Name: GREENWAY MANOR

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: see tax
Year Built: 1982
Total # of Units: 4
# of Buildings: Yes
Zoning: Pad Hi
Flood Zone: No
Elementary School District: Paradise Valley Unified District
High School District: Paradise Valley Unified District
Elementary School: Palomino Primary School
Jr. High School: Greenway Middle School
High School: Paradise Valley High School
Uncvrd Parking Spcs: 0

Remarks Misc

Cross Street: GREENWAY & 29TH ST
Directions: NORTH ON 29TH ST * TO LE MARCHE MAKE LEFT INTO GATED PROPERTY

Legal Info

Township: 3N
Range: 3E
Section: 2
Lot Number: 31

1 Bedroom Units

# 1 Bedroom Units: Yes
Avg Rent: 849
Avg SqFt: 850
# Baths: Yes

More Information

2 Bedroom Units

# 2 Bedroom Units: 2
Avg Rent: 1199
Avg SqFt: 850
# Baths: 2

3 Bedrooms Units

# 3 Bedroom Units: Yes
Avg Rent: 1682
Avg SqFt: 1100
# Baths: 2

Structure

Bedrooms Total: 8
Bathrooms Total: 7

Income Expenses

Gross Annual Sch Inc: 59148
Net Operating Income: 45650

Showing Notification Methods

Showing Service: No Showing Service Used
Text: Yes
Email: Yes
Phone Call: Yes

Contact Info

List Agent Home Phn: 602-316-6790

Project Type

Four Plex: Yes

Efficiency Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Construction

Wood Frame: Yes

Const - Finish

Stucco: Yes

Roofing

Foam: Yes
Rolled: Yes

Floors

Laminate: Yes
Tile: Yes
Carpet: Yes

Sale Includes

Land & Building: Yes
Laundry Equipment: Yes

Income & Expenses

Owner Association: Yes
Annual Ownr Asoc Fee: 9583
Operating Exp: 10998
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 59148

Pmt & Rate Info

Cap Rate: 7.08
Equity: 645000
Down Payment %: 3.5
Monthly Payments: 2000
Total Owed: 0

Lockbox Type

None: Yes

Community Features

Pool: Yes
Clubhouse: Yes
Play Area: Yes

Heating

Forced Air: Yes
Electric: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes

Exterior Amenities

Landscape Water System: Yes
Green Landscaping: Yes
Curb(s) & Gutter(s): Yes
Cable TV Available: Yes
TV Antenna: Yes
Patio/Balcony: Yes

Interior Features

Unfurnished: Yes
Fire/Smoke Alarm(s): Yes
Mini Blinds: Yes

Tenant Pays

Water: Yes
Electricity: Yes

Appliances Included

Dishwasher: Yes
Disposal: Yes
Free-Standing Electric Oven: Yes
Refrigerator: Yes
Washer/Dryer: Yes

Road Access Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes
Books Shwn Accpt Ofr: Yes

Road Responsibility

City Maintained Road: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes
Sewer-In & Connected: Yes

Parking Features

Carport: Yes
Free: Yes
<1 Space Per Unit: Yes
Paved: Yes
Add'l Parking Avail: Yes
Assigned: Yes

Electric

APS: Yes

Gas

None: Yes

Owner Pays

Sewer: Yes
Trash Collection: Yes
Landscaping: Yes

New Financing

Cash: Yes
VA: Yes
Conventional: Yes
FHA: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes

Environmental

None: Yes

Property Features

Project Type: Four Plex Construction: Wood Frame Const - Finish: Stucco Roofing: Foam; Rolled Floors: Laminate; Tile; Carpet Sale Includes: Land & Building; Laundry Equipment Community Features: Pool; Clubhouse; Play Area Exterior Amenities: Landscape Water System; Green Landscaping; Curb(s) & Gutter(s); Cable TV Available; TV Antenna; Patio/Balcony Interior Features: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds Appliances Included: Free-Standing Electric Oven; Refrigerator; Dishwasher; Disposal; Washer/Dryer Heating: Forced Air Cooling: Ceiling Fan(s); Electric; Central Air Water Source: City Franchise Sewer: Sewer - Public; Sewer-In & Connected Electric: APS Gas: None Parking Features: Carport; <1 Space Per Unit; Add'l Parking Avail; Assigned; Free; Paved Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Trash Collection; Landscaping Tenant Pays: Water; Electricity Source of Fincl Data: Owner; Books Shwn Accpt Ofr Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional Environmental: None

Listing Office: Compass

Last Updated: September - 07 - 2026