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Updated Four-Unit Quadplex
For Sale
$690,000

2440 E WALTANN Lane, Phoenix, AZ 85032

The property includes three two-bedroom residences and one three-bedroom residence.

Property SizeContact for details
Days on Market36

Property Features for 2440 E WALTANN Lane

General Information

Standard status Active
Property subtype Multiple Dwellings

Units

Unit Mix 3 x 2BR, 1 x 3BR
Multifamily Units 4
Listing Agency: Orion Investment Real Estate
Listed By: Jackson Everhart · License #SA689433000
Source: Nicolesecrest
Added: Aug 14 Changed: Sep 12 Last Checked: Sep 18 at 5:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Orion Investment Real Estate

Investment Insights

Based on property information with market context.

This four-unit residential income property in Phoenix was built in 1982 and carries R-3 zoning. The unit mix consists of three two-bedroom residences and one three-bedroom residence, providing a defined configuration for an owner-occupant or rental operator. Updates have been completed, and the property is described as move-in ready.

Located at 2440 E Waltann Lane, the property is positioned in Phoenix, Arizona 85032. Its four-unit layout and varied bedroom mix offer a straightforward multifamily configuration for continued residential use.

Key Highlights

  • Four‑unit quadplex in Phoenix
  • Unit mix includes three 2‑bedroom residences and one 3‑bedroom residence
  • Built in 1982

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Butcher Electrical Service Daycare Center Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

844
Businesses Nearby

Demographics for 85032, AZ

68,710
Population
30,386
Households
2.3
Avg Household Size
38
Median Age
34%
College-Educated
89%
High-School Grad
12.4 sq mi
ZIP Area
5,541
Density / Sq Mi
$74,331
Median Household Income
$44,790
Median Earnings
$1,492
Median Rent
$387,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - The property includes three two-bedroom residences and one three-bedroom residence.
Where is this quadplex located?
The property is located at 2440 E WALTANN Lane Phoenix, AZ.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Four‑unit quadplex in Phoenix; Unit mix includes three 2‑bedroom residences and one 3‑bedroom residence; Built in 1982
More about this property
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