3331 W HARMONT Drive, Phoenix, AZ 85051

$750,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $750,000 Last Modified: 7/27/2026

Overview

Description

Welcome to this 4-plex located in the highly desirable Northern Lanai community. This building features expansive floorplans, convenient garage parking. Offering ample parking space, generously sized apartment homes, and beautifully landscaped surroundings, this property has consistently delivered reliable rental income. Don't miss out on this excellent investment opportunity—call today to explore your next venture!

Listing Details MLS# 6638923

Location, Tax & Legal

House Number
3331
Compass
W
Street Name
HARMONT
St Suffix
Drive
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85051
Zip4
6149
Country
US
County Code
Maricopa
Subdivision
NORTHERN LANAI
Assessor Number
150-09-886-A
Tax Year
2023
Assessor's Map #
9
Legal Description (Abbrev)
NORTHERN LANAI UNIT ONE
Assessor's Parcel #
886
Assessor Parcel Ltr
A
Add'l Parcels
No
Tax Municipality
Maricopa - COUNTY
Census Tract
105602
Taxes
2356
Legal
NORTHERN LANAI UNIT ONE MCR 169-24 LOT 19 EX POR DAF BEG AT WLY COR OF LOT TH N 45D 03M E 60.00F T O PT TH S 44D 56M E
Marketing Name
NORTHERN LANIA

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
IRR
Year Built
1974
Total # of Units
4
# of Buildings
Yes
Zoning
MULTI
Elementary School District
Washington Elementary District
High School District
Glendale Union High School District
Elementary School
Washington Elementary School
Jr. High School
Other
High School
Other
Uncvrd Parking Spcs
0

Remarks Misc

Cross Street
35TH AVENUE & NORTHERN
Directions
WEST ON NORTHERN, RIGHT ON 31ST AVE, WEST ON HARMONT TO PROPERTY ON LEFT

Status Change Info

Off Market Date
2024-03-14
Under Contract Date
2024-02-23
Close of Escrow Date
2024-03-15

Legal Info

Township
3N
Range
2E
Section
35
Lot Number
19

More Information

2 Bedroom Units

# 2 Bedroom Units
3
Avg Rent
1095
Avg SqFt
85000
# Baths
Yes

3 Bedrooms Units

# 3 Bedroom Units
Yes
Avg Rent
1150
Avg SqFt
1100
# Baths
2

Income Expenses

Net Operating Income
42048.12

Showing Notification Methods

Showing Service
Aligned Showings

Sold Info

Loan Type
Carryback
Loan Years
30
Payment Type
Fixed
Closing Cost Split
Normal - N
Buyer Concession $/%
%
Seller Concession $/%
%
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Project Type

Four Plex
Yes

Construction

Wood Frame
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Composition
Yes

Floors

Carpet
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Annual Elec Exp
101.28
Annual Gas Exp
0
Annual Ins Exp
0
Annual Land Lse Exp
0
Annual Landscape Exp
250
Annual Legal & Acctg
0
Annual Maint Exp
0
Annual Mgmt Exp
4500
Annual Trash Exp
0
Annual Wtr/Swr Exp
0
Owner Association
Yes
Annual Ownr Asoc Fee
1560
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Annual Other Expense
0
Operating Exp
8767.28
Other Income
0
Vacancy Allowance
0.5
Adjusted Gross Inc
0

Pmt & Rate Info

Cap Rate
5.26
Down Payment
0
Equity
800000
Down Payment %
0
Monthly Payments
0
Total Owed
0
Assessment Balance
0

Lockbox Type

Supra
Yes

Community Features

Pool
Yes

Heating

Electric
Yes

Cooling

Electric
Yes

Exterior Amenities

Landscape Water System
Yes

Tenant Pays

Electricity
Yes
Other (See Remarks)
Yes

Appliances Included

Free-Standing Range
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Unknown
Yes
Other (See Remarks)
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

Garage
Yes
On Street
Yes

Electric

SRP
Yes

Gas

None
Yes

Owner Pays

Water
Yes

New Financing

VA
Yes
Conventional
Yes
FHA
Yes
Owner May 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

None
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes
Other (See Remarks)
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Four Plex Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Composition Floors: Carpet Sale Includes: Land & Building Community Features: Pool Exterior Amenities: Landscape Water System Appliances Included: Free-Standing Range Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: Garage; On Street Road Surface Type: Asphalt Owner Pays: Water Tenant Pays: Electricity; Other (See Remarks) Source of Fincl Data: Unknown; Other (See Remarks) Lockbox Type: Supra 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: VA; FHA; Conventional; Owner May Carry Environmental: None; Other (See Remarks)
IDX
Listing Office: Realty ONE Group
Last Updated: July - 27 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.