2837 E MARCONI Avenue, Phoenix, AZ 85032

$609,000
Property Type: Multiple Dwellings Status: Active
Current Price: $609,000 List Date: 6/06/2026 Last Modified: 7/09/2026

Overview

Description

Great investment opportunity in the highly desirable gated community of Palomino Point! This 4-plex is situated in a single building and features an excellent unit mix consisting of a 3 bed/3 bath, a 2 bed/2 bath, a two-story 2 bed/1.5 bath, and a spacious 1 bed/1 bath. All units have received full to partial remodels, including new flooring and newer appliances. The HOA covers water, sewer, trash, and landscaping, while electricity is individually metered to each unit. Additional features include a private patio with a second-floor balcony. Residents enjoy access to the community pool, heated spa, and playground. Ideally located across the street from a school and just minutes from shopping and public transportation. Buyer to verify all information.

Listing Details MLS# 7037040

Location, Tax & Legal

House Number
2837
Compass
E
Street Name
MARCONI
St Suffix
Avenue
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85032
Zip4
3782
Country
US
County Code
Maricopa
Subdivision
GREENWAY MANOR
Assessor Number
214-39-100
Tax Year
2025
Assessor's Map #
39
Legal Description (Abbrev)
LOT 72 GREENWAY MANOR MCR 023347
Assessor's Parcel #
100
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
103306
Taxes
1341
Legal
LOT 72 GREENWAY MANOR MCR 023347
Marketing Name
Palomino Pointe

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
irr
Year Built
1982
Uncvrd Parking Spcs
Yes
Total # of Units
4
# of Buildings
Yes
Zoning
multi
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

Remarks Misc

Cross Street
Greenway/32nd St
Directions
East to 29th Street, North to complex. Building 72 is the 2nd building in on the left - across the street from the office!

Legal Info

Township
3N
Range
3E
Section
2
Lot Number
72

Income Expenses

Gross Annual Sch Inc
53458

More Information

Showing Notification Methods

Showing Service
No Showing Service Used
Text
Yes
Email
Yes

1 Bedroom Units

# 1 Bedroom Units
Yes
Avg Rent
1017
# Baths
Yes

2 Bedroom Units

# 2 Bedroom Units
2
Avg Rent
982
# Baths
2

3 Bedrooms Units

# 3 Bedroom Units
3
Avg Rent
1319
# Baths
3

Contact Info

List Agent Hme Phn 2
623-203-7424

Project Type

Four Plex
Yes

Construction

Wood Frame
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Tile
Yes
Foam
Yes

Floors

Vinyl
Yes
Ceramic Tile
Yes
Carpet
Yes

Sale Includes

Land & Building
Yes
Personal Property
Yes

Income & Expenses

Annual Elec Exp
0
Annual Gas Exp
0
Annual Ins Exp
2500
Annual Land Lse Exp
0
Annual Landscape Exp
0
Annual Legal & Acctg
0
Annual Wtr/Swr Exp
0
Owner Association
Yes
Annual Ownr Asoc Fee
8340
Annual PAD Fee
0
Annual Other Expense
0
Operating Exp
12181
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
53458
Total Monthly Rental Income
53458

Pmt & Rate Info

Equity
615000
Down Payment %
0
Monthly Payments
0
Total Owed
0
Assessment Balance
0

Lockbox Type

None
Yes

Community Features

Pool
Yes

Heating

Electric
Yes
Individual
Yes

Cooling

Electric
Yes
Individual
Yes

Exterior Amenities

Green Landscaping
Yes
Desert Landscaping
Yes

Interior Features

Unfurnished
Yes
Fire/Smoke Alarm(s)
Yes

Tenant Pays

Electricity
Yes
Cable TV
Yes

Appliances Included

Dishwasher
Yes
Refrigerator
Yes
Free-Standing Range
Yes
W/D Hookup
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

Carport
Yes
1 Space/Unit
Yes

Electric

APS
Yes
SRP
Yes
Individual Meter
Yes

Gas

None
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes
Landscaping
Yes

New Financing

Conventional
Yes
No Carry
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Not Applicable
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

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Efficiency Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Four Plex Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Tile; Foam Floors: Vinyl; Ceramic Tile; Carpet Sale Includes: Land & Building; Personal Property Community Features: Pool Exterior Amenities: Green Landscaping; Desert Landscaping Interior Features: Unfurnished; Fire/Smoke Alarm(s) Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; W/D Hookup Heating: Individual Cooling: Electric; Individual Water Source: City Franchise Sewer: Sewer - Public Electric: APS; SRP; Individual Meter Gas: None Parking Features: Carport; 1 Space/Unit Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner Showing Notification Methods: Text; Email Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable 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: Conventional; No Carry Environmental: None
IDX
Listing Office: Southwest Property Sales & Leasing
Last Updated: July - 09 - 2026
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