2833 E PARADISE Lane, Phoenix, AZ 85032

$499,900
Property Type: Multiple Dwellings Status: Active
Current Price: $499,900 Last Modified: 7/09/2026

Overview

Description

Amazing opportunity! 4 Plex!! Amazing location! Each Unit is a 2 bed, 2 bath, with laundry hookups. HOA includes water/sewer/trash, community pool and landscaping. Units are individually metered for electric.

Listing Details MLS# 7051345

Location, Tax & Legal

House Number
2833
Compass
E
Street Name
PARADISE
St Suffix
Lane
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85032
Zip4
8327
Country
US
County Code
Maricopa
Subdivision
GREENWAY MANOR
Assessor Number
214-39-048
Tax Year
2025
Assessor's Map #
39
Legal Description (Abbrev)
LOT 20 GREENWAY MANOR MCR 023347
Assessor's Parcel #
48
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
103306
Taxes
1391
Legal
LOT 20 GREENWAY MANOR MCR 023347
Marketing Name
Fourplex

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
5252
Year Built
1982
Total # of Units
4
# of Buildings
Yes
Zoning
Mult
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
32nd St and Greenway
Directions
West on Greenway to 29th St, North on 29th St. to E.Marconi ave, West, through the gate to 28th place. Go North to Paradise Lane, then west to property.

Legal Info

Township
3N
Range
3E
Section
2
Lot Number
20

Income Expenses

Gross Annual Sch Inc
71400
Net Operating Income
68544

More Information

Showing Notification Methods

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

2 Bedroom Units

# 2 Bedroom Units
4
Avg Rent
1500
Avg SqFt
900
# Baths
2

Project Type

Four Plex
Yes

Construction

Wood Frame
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Built-Up
Yes
Tile
Yes
Foam
Yes

Floors

Ceramic Tile
Yes
Carpet
Yes

Sale Includes

Land & Building
Yes
Personal Property
Yes

Income & Expenses

Annual Elec Exp
0
Annual Gas Exp
0
Annual Land Lse Exp
0
Annual Landscape Exp
0
Annual Legal & Acctg
0
Annual Mgmt Exp
0
Annual Trash Exp
0
Annual Wtr/Swr Exp
0
Owner Association
Yes
Annual Ownr Asoc Fee
9583
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Annual Other Expense
1550
Operating Exp
12524
Other Income
0
Vacancy Allowance
0.04

Pmt & Rate Info

Cap Rate
13.71
Down Payment
0
Equity
499900
Down Payment %
0
Monthly Payments
0
Total Owed
0
Assessment Balance
0

Lockbox Type

None
Yes

Community Features

Pool
Yes
Play Area
Yes

Heating

Electric
Yes

Cooling

Ceiling Fan(s)
Yes
Electric
Yes

Exterior Amenities

Desert Landscaping
Yes
Cable TV Available
Yes
Patio/Balcony
Yes

Interior Features

Unfurnished
Yes
Mini Blinds
Yes

Tenant Pays

Electricity
Yes
Cable TV
Yes

Appliances Included

Disposal
Yes
Microwave
Yes
Refrigerator
Yes
Free-Standing Range
Yes
W/D Hookup
Yes

Road Access Type

Private Road
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes
Individual Meter
Yes

Sewer

Sewer - Public
Yes

Parking Features

Carport
Yes
Free
Yes
1 Space/Unit
Yes
Paved
Yes
Assigned
Yes

Electric

APS
Yes

Gas

None
Yes

Owner Pays

Other
Yes
See Remarks
Yes

New Financing

Cash
Yes
Conventional
Yes

Existing 1st Loan

Private
Yes

Existing 1st Loan Type

Fixed
Yes

Existing 1st Loan Terms

Non Assumable
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes
None
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Four Plex Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Built-Up; Tile; Foam Floors: Ceramic Tile; Carpet Sale Includes: Land & Building; Personal Property Community Features: Pool; Play Area Exterior Amenities: Desert Landscaping; Cable TV Available; Patio/Balcony Interior Features: Unfurnished; Mini Blinds Appliances Included: Free-Standing Range; Refrigerator; Disposal; Microwave; W/D Hookup Cooling: Ceiling Fan(s); Electric Water Source: City Franchise; Individual Meter Sewer: Sewer - Public Electric: APS Gas: None Parking Features: Carport; 1 Space/Unit; Assigned; Free; Paved Road Access Type: Private Road Road Surface Type: Asphalt Owner Pays: Other; See Remarks Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Existing 1st Loan: Private Existing 1st Loan Type: Fixed Existing 1st Loan Terms: Non Assumable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Cash; Conventional Environmental: None
IDX
Listing Office: Keller Williams Arizona Realty
Last Updated: July - 09 - 2026
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