$424,900

2522 W Palo Verde Drive, Phoenix, AZ 85017

Multi-Family Home
Built in 1959
—— sqft lot
—— car garage
$——/sqft
Listed 6 days ago

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!

Listing Status:: Active
Date Added:: November 13, 2025 at 06:00AM
Listing Office:: HomeSmart : 602-230-7600
Listing Agent:: Tim Esteban : 480-468-7779
MLS ID:: 6946557

Flooring: CarpetVinyl
A/C: Electric
Heating: Electric

Parking: Add'l Parking AvailCarportParking spaces: 8

Roofing: Rolled/Hot Mop
General: PaintedBlock

Originating MLS: Arizona Regional Multiple Listing Service 2
School District: Alhambra Elementary District
County: Maricopa

Zoning: R315305054A

Water: City Franchise
Sewer: Public Sewer

Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of Tim Esteban, HomeSmart

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Alhambra Traditional School

5725 N 27th Ave, Phoenix, AZ, 85017

Grades KG-8

0.14 miles away

Alhambra Traditional School

5725 N 27th Ave, Phoenix, AZ, 85017

Grades KG-8

0.14 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.