2844 E MONTE CRISTO Avenue, Phoenix, AZ 85032 (MLS# 6855967)

2844 E MONTE CRISTO Avenue, Phoenix, AZ 85032

$598,000

Property Type: Multiple Dwellings Status: Active

Current Price: $598,000 Last Modified: 6/19/2026

Overview

Description

Fourplex FOR SALE in the heart of North Phoenix just minutes from the Desert Ridge Marketplace, SR 51, local schools and parks, shopping, and many other attractions. This deal perfect for an occupant! VA ASSUMABLE loan, see remarks. The unit mix is: one 1bed/1bath unit, one 2bed/2bath unit, one 2bed/1.5 bath TH style unit, & one 3bed/3bath unit. All units have generous square footage along w/ W/D hookups. Each unit has outdoor space w/ either a ground level patio or a balcony. Monthly HOA dues INCLUDE: common area maintenance, landscaping, community pool, parking enforcement, & gated access w/ fob entry. 3 of 4 units occupied w/ good paying tenants, all MTM. DO NOT Disturb Tenants. Drive By ONLY. See documents tab, rents in attachment & listed in MLS are actual. Indiv. metered for water.

Listing Details MLS# 6855967

Location, Tax & Legal

House Number: 2844
Compass: E
Street Name: MONTE CRISTO
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85032
Zip4: 8316
Country: US
County Code: Maricopa
Subdivision: GREENWAY MANOR
Assessor Number: 214-39-037
Tax Year: 2025
Assessor's Map #: 39
Legal Description (Abbrev): LOT 9 GREENWAY MANOR MCR 023347
Assessor's Parcel #: 37
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 103306
Taxes: 1439
Legal: LOT 9 GREENWAY MANOR MCR 023347
Marketing Name: Four-plex on Monte Cristo

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: PAD-13
Year Built: 1982
Total # of Units: 4
# of Buildings: Yes
Zoning: PAD-13
Elementary School District: Paradise Valley Unified District
High School District: Paradise Valley Unified District
Elementary School: Palomino Primary School
Jr. High School: Palomino Intermediate School
High School: Paradise Valley High School
Uncvrd Parking Spcs: 0

Remarks Misc

Cross Street: 29th ST/Greenway

Legal Info

Township: 3N
Range: 3E
Section: 2
Lot Number: 9

Income Expenses

Gross Annual Sch Inc: 54552
Net Operating Income: 30417

More Information

Showing Notification Methods

Showing Service: No Showing Service Used
Text: Yes

1 Bedroom Units

# 1 Bedroom Units: Yes
Avg Rent: 949
Avg SqFt: 900
# Baths: Yes

2 Bedroom Units

# 2 Bedroom Units: 2
Avg Rent: 1099
Avg SqFt: 1106
# Baths: 2

3 Bedrooms Units

# 3 Bedroom Units: Yes
Avg Rent: 1399
Avg SqFt: 1300
# Baths: 3

Project Type

Four Plex: Yes

Construction

Wood Frame: Yes

Const - Finish

Painted: Yes
Stucco: Yes

Roofing

Built-Up: Yes
Tile: Yes
Foam: Yes
Rolled: Yes

Floors

Vinyl: Yes
Ceramic Tile: Yes
Carpet: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Annual Ins Exp: 3000
Annual Legal & Acctg: 811
Annual Maint Exp: 3787
Annual Mgmt Exp: 5449
Owner Association: Yes
Annual Ownr Asoc Fee: 9583
Operating Exp: 24069
Other Income: 1570
Vacancy Allowance: 0.03
Adjusted Gross Inc: 54438.34
Total Monthly Rental Income: 4546

Pmt & Rate Info

Cap Rate: 5.09
Down Payment: 263120
Down Payment %: 40
Monthly Payments: 2104
1st Interest Rate: 2.25
1st Years Remaining: 25
1st Payment Freq: Monthly

Payment Includes

Principal: Yes
Interest: Yes
Taxes: Yes

Lockbox Type

None: Yes

Community Features

Pool: Yes

Heating

Central: Yes

Cooling

Central Air: Yes
Electric: Yes

Exterior Amenities

Desert Landscaping: Yes
Sidewalk(s): Yes
Patio/Balcony: Yes

Interior Features

Unfurnished: Yes
Vertical Blinds: Yes
Mini Blinds: Yes

Tenant Pays

Water: Yes
Sewer: Yes
Electricity: Yes
Trash Collection: Yes

Appliances Included

Free-Standing Electric Oven: Yes
Refrigerator: Yes
W/D Hookup: 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
1 Space/Unit: Yes
Assigned: Yes

Electric

SRP: Yes
Individual Meter: Yes

Gas

None: Yes

Owner Pays

See Remarks: Yes

New Financing

Cash: Yes
Cash to Loan: Yes
VA: Yes
Conventional: Yes
FHA: Yes
No Carry: Yes
1031 Exchange: Yes

Existing 1st Loan

VA: Yes

Existing 1st Loan Type

Fixed: Yes

Existing 1st Loan Terms

Assume - Qualify: Yes
Fin Info Sub to Veri: Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes
APOD/Backup Avaible: Yes

Environmental

None: 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: Built-Up; Tile; Foam; Rolled Floors: Vinyl; Ceramic Tile; Carpet Sale Includes: Land & Building Payment Includes: Principal; Interest; Taxes Community Features: Pool Exterior Amenities: Desert Landscaping; Sidewalk(s); Patio/Balcony Interior Features: Unfurnished; Vertical Blinds; Mini Blinds Appliances Included: Free-Standing Electric Oven; Refrigerator; W/D Hookup Heating: Central Cooling: Electric; Central Air Water Source: City Franchise; Individual Meter Sewer: Sewer - Public Electric: SRP; Individual Meter Gas: None Parking Features: Carport; 1 Space/Unit; Assigned Road Surface Type: Asphalt Owner Pays: See Remarks Tenant Pays: Water; Sewer; Electricity; Trash Collection Source of Fincl Data: Owner Showing Notification Methods: Text Lockbox Type: None Existing 1st Loan: VA Existing 1st Loan Type: Fixed Existing 1st Loan Terms: Assume - Qualify; Fin Info Sub to Veri New Financing: Cash; Cash to Loan; VA; FHA; Conventional; No Carry; 1031 Exchange Environmental: None

Listing Office: ROI Asset Management Solutions

Last Updated: June - 19 - 2026