2831 E MOBILE Lane Phoenix, AZ $ 699,990
2831 E MOBILE Lane
$ 699,990
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2831 E MOBILE Lane

Phoenix, AZ, 85040
$ 699,990
Baths0.0

Monthly Estimate*

$ 4,310

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $699,990. This home was built in 1985.

Unit consists of two 3 BR/2 BA units (1131 SF & 1209 SF), with one 2 BR/1 BA (698 SF). Upper 3 BR unit has a view of the city. Two HVAC units replaced in 2025. Water heaters have been replace within the past 5 years.

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Multi-Family Active

Price

$ 699,990

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 973

Style

Multiple Dwellings

Year Built

1985

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6987508

Features
General
Sewer Public Sewer
Heating Forced Air Individual Heat Pump 2 or More Units
Cooling Central Air Electric Individual 2 or More Units
Roof Composition
Zoning R3
Construction Materials Wood Frame Painted Stucco
Year Built 1985
Electric SRP Individual Meter
Township 1N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 47013.6
Community Features No Pool
County Maricopa
Net Operating Income 40732.0
Operating Expense 8756.0
Insurance Expense 3703.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 0.0
Subdivision Name WIER ESTATES LOTS 11-32 53-74
Garage Y/N N
Status Active
Directions 32nd St. south of Broadway Rd to Mobile lane west to property.
High School South Mountain High School
City Phoenix
Disclosures Seller Prop Disc Stm
High School District Phoenix Union High School District
Open Parking Spaces 6.0
Number Of Units Total 3
Carport Y/N N
Elementary School Percy L Julian School
Tax Annual Amount 973.0
Electric Expense 480.0
Fuel Expense 0.0
Middle/Junior High School Percy L Julian School
Trash Expense 1200.0
Water Sewer Expense 2400.0
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 Roosevelt Elementary District
Tax Lot 87
Cap Rate 5.82
New Financing: Conventional True
Senior Community N
New Financing: FHA True
New Financing: Cash True
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Interior
Flooring Tile Laminate Carpet Ceramic Tile
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Paved >1 Space Per Unit
Water Source Master Meter City Franchise
Total Parking 6.0
Number of Buildings 1
Spa N
Lot Dimensions 59'x128'
Road Surface Type Asphalt
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 2831
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* Excluded Features
List By
Re/Max Fine Properties

Broker

timobuckley@remax.net

Email

Affordability Calculator

$4,391
Per Month
98%
2%
0%
Monthly Principal & Interest
$4,310
Monthly Property Taxes
$81
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
4328234 Elementary School
4327831 Middle School
South Mountain High School High School
Pricing History
DatePricePrice ChangeDescription
2/20/2026$699,990 Listed Price

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2831 E MOBILE Lane, Phoenix, AZ, 85040 is a Multi-Family Home for sale at $699,990. 2831 E MOBILE Lane is a studio with 0.0 baths and was built in 1985. The property's zip code is 85040 which is in Phoenix, AZ