2644 E PARADISE Lane Phoenix, AZ $ 589,000
2644 E PARADISE Lane
$ 589,000
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2644 E PARADISE Lane

Phoenix, AZ, 85032
$ 589,000
Baths0.0

Monthly Estimate*

$ 3,627

2644 E PARADISE Lane, Phoenix, AZ 85032 - Image 1
Studio

Multi-Family Home for sale in Phoenix, AZ

for $589,000. This home was built in 1945.

Good income potential in this 4-plex with long term tenants. This 4-plex offers one 3 bed, two 1 bed, and one 2 bed. Nice size gated lot with plenty of parking.

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Multi-Family Active

Price

$ 589,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,234

Style

Multiple Dwellings

Year Built

1945

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6970528

Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling Ceiling Fan(s) Individual
Roof Composition
Zoning R3
Construction Materials Steel Frame Wood Frame Painted Stucco
Year Built 1945
Electric APS Master Meter
Township 3N
Tax Year 2024
Ownership Fee Simple Fee Simple
Gross Income 50400.0
Community Features No Pool
County Maricopa
Net Operating Income 40281.0
Operating Expense 13949.0
Insurance Expense 3850.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 0.0
Subdivision Name KAY ACRES
Garage Y/N N
Status Active
Directions NORTH ON CAVE CREEK TO EAST PARADISE TO 4-PLEX LOCATION
High School Paradise Valley High School
City Phoenix
Disclosures None
High School District Paradise Valley Unified District
Open Parking Spaces 4.0
Number Of Units Total 4
Carport Y/N N
Tax Annual Amount 1234.0
Electric Expense 4005.0
Trash Expense 0.0
Water Sewer Expense 2080.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Elementary School District Paradise Valley Unified District
Tax Lot 101
Cap Rate 6.84
New Financing: Conventional True
Senior Community N
New Financing: FHA True
New Financing: Cash True
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Interior
Flooring Ceramic Tile Vinyl
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 Master Meter City Franchise
Total Parking 8.0
Number of Buildings 1
Spa N
Lot Dimensions 10308
Covered Spaces 4.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 2644
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* Excluded Features
List By
Delex Realty

Broker

stophx@yahoo.com

Email

Affordability Calculator

$3,729
Per Month
97%
3%
0%
Monthly Principal & Interest
$3,627
Monthly Property Taxes
$103
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
Paradise Valley High School High School
Pricing History
DatePricePrice ChangeDescription
1/18/2026$589,000 Listed Price

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2644 E PARADISE Lane, Phoenix, AZ, 85032 is a Multi-Family Home for sale at $589,000. 2644 E PARADISE Lane is a studio with 0.0 baths and was built in 1945. The property's zip code is 85032 which is in Phoenix, AZ