Courtesy of HomeSmart
Property Description
4-Plex Investment Opportunity! Discover this incredible value-add multifamily property featuring four 2-bed, 1-bath units across two duplex buildings at 2522 & 2528 W Palo Verde Dr, Phoenix, AZ 85017. Two units (2522 B & 2528 B) are currently rented at $840 and $780 per month, providing immediate income. The remaining two units are vacant and ready for renovation, offering great upside potential for increased rents or resale value. Located near GCU and major transportation routes, this property is perfect for investors seeking strong cash-flow potential in a high-demand rental area. With a little vision and improvement, this 4-plex can become a top performer in your portfolio!
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Property Details and Features
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Appliances & Equipment
- “Dishwasher”
- “Free-Standing Range”
- “Refrigerator”
- “Microwave”
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Building
- Built in 1959
- Construction materials: “Painted”, “Block”
- 4 total units
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Cooling
- “Electric”
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Floors
- “Carpet”
- “Vinyl”
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Heating
- “Electric”
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Listing
- Listing ID: 6946557
- Standard status: Active Under Contract
- 116 days on market
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Location
- Subdivision name: Bethany Main
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Parking
- “Add’l Parking Avail”
- “Carport”
- 8 total parkings
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Property
- Zoning: R3
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Roof
- “Rolled/Hot Mop”
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Schools
- Elementary school: Alhambra Preschool Academy
- High school: Alhambra High School
- High school district: Phoenix Union High School District
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Sewer
- “Public Sewer”
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Taxes
- Annual amount: $1,873
- Lot: 25
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Utilities
- “SRP”
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This content last updated on May 2, 2026 3:25PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.