3027 E GRANDVIEW Road # 1 Phoenix, AZ $ 3,100,000
3027 E GRANDVIEW Road # 1
$ 3,100,000
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3027 E GRANDVIEW Road # 1

Phoenix, AZ, 85032
$ 3,100,000
Baths0.0

Monthly Estimate*

$ 19,340

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $3,100,000. This home was built in 1984.

The Grandview Portfolio is a 16-unit, garden-style community built in 1984 with solid block construction. Comprised of four fully condo-mapped, single-story buildings on individual parcels, the property offers flexible exit strategies. Each spacious 2-bed/1-bath unit (approx. 900 SF) features private fenced patios, full-size appliances, large picture windows, washer/dryer hookups, and covered entries. The site includes 24 covered parking spaces, pitched roofs, mature landscaping, copper plumbing, individual electric metering, and recently installed sewer clean-outs. Ideally located near 32nd Street and Bell Road, the property offers excellent access to SR-51, Loop 101, and nearby retail, dining, and employment hubs—making it a strong investment in a high-demand North Phoenix submarket.

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Multi-Family Active

Price

$ 3,100,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 482

Style

Multiple Dwellings

Year Built

1984

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6879328

Features
General
Sewer Public Sewer
Heating Electric
Cooling Central Air Heat Pump
Roof Composition
Zoning R-3
Construction Materials Wood Frame Painted Stucco
Year Built 1984
Electric City Electric
Township 3N
Unit Number 1
Tax Year 2024
Ownership Fee Simple Fee Simple
Gross Income 268000.0
Community Features No Pool
County Maricopa
Net Operating Income 213000.0
Operating Expense 482.0
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name GRANDVIEW NORTH CONDOMINIUM UNITS 1-4 BLDGS A-D
Garage Y/N N
Status Active
City Phoenix
Disclosures Other (See Remarks)
High School District Paradise Valley Unified District
Open Parking Spaces 8.0
Number Of Units Total 16
Lot Size Square Feet 0.0
Carport Y/N N
Tax Annual Amount 482.0
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Elementary School District Paradise Valley Unified District
Tax Lot 1
Cap Rate 6.43
Senior Community N
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Interior
Flooring Ceramic Tile
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features >1 Space Per Unit Carport
Water Source City Franchise
Total Parking 32.0
Lot Size Area 0.0
Number of Buildings 4
Spa N
Lot Dimensions multiple parcels
Lot Size Acres 0.0
Covered Spaces 24.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 3027
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* Excluded Features
List By
Abi Multifamily

Broker

andrew.arambula@abimultifamily.com

Email

Affordability Calculator

$19,380
Per Month
100%
0%
0%
Monthly Principal & Interest
$19,340
Monthly Property Taxes
$40
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4327901 Elementary School
4328081 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/28/2025$3,100,000 -6.40% Price Down
6/12/2025$3,312,000 Listed Price

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3027 E GRANDVIEW Road # 1, Phoenix, AZ, 85032 is a Multi-Family Home for sale at $3,100,000. 3027 E GRANDVIEW Road # 1 is a studio with 0.0 baths and was built in 1984. The property's zip code is 85032 which is in Phoenix, AZ