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Four-Unit Quadplex with Renovation Potential
For Sale
$424,900
Pending

2522 W Palo Verde Dr, Phoenix, AZ 85017

The property includes two duplex buildings with a mix of occupied and vacant units.

Property SizeContact for details
Days on Market177

Property Features for 2522 W Palo Verde Dr

General Information

Standard status Pending
Property subtype Multi-Family

Building Details

Year Built 1959
Listing Agency: HomeSmart
Listed By: Tim Esteban · License #SA660364000
Source: Myphoenixhomesource
Added: Mar 13 Changed: Aug 29 Last Checked: Aug 25 at 7:15AM

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 HomeSmart

Investment Insights

Based on property information with market context.

This multifamily property consists of two duplex buildings containing four total units. Each residence offers two bedrooms and one bathroom, creating a consistent configuration across the property. Two units are occupied, while the other two are vacant and positioned for renovation. The buildings feature painted block construction and rolled or hot-mop roofing, with no pool. Built in 1959, the property is zoned R3.

The property is located at 2522 and 2528 W Palo Verde Dr in Phoenix, near GCU and major transportation routes. Its combination of existing occupancy, vacant units, and uniform layouts provides a straightforward physical setup for evaluating renovation plans and ongoing multifamily operations.

Key Highlights

  • 4 total units configured as 2 beds and 1 bath each
  • Two duplex buildings at 2522 & 2528 W Palo Verde Dr
  • Two occupied units and two vacant units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Spa & Massage Center Gym & Fitness Center Electrical Service

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

Location Intelligence

Trade Area within ½ mile

1,101
Businesses Nearby

Demographics for 85017, AZ

45,279
Population
12,743
Households
3.6
Avg Household Size
26
Median Age
11%
College-Educated
65%
High-School Grad
5.3 sq mi
ZIP Area
8,543
Density / Sq Mi
$51,737
Median Household Income
$29,371
Median Earnings
$1,197
Median Rent
$242,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Quadplex - The property includes two duplex buildings with a mix of occupied and vacant units.
Where is this quadplex located?
The property is located at 2522 W Palo Verde Dr Phoenix, AZ.
What is the asking price?
The asking price for this property is $424,900.
What are key features of this property?
This property features: 4 total units configured as 2 beds and 1 bath each; Two duplex buildings at 2522 & 2528 W Palo Verde Dr; Two occupied units and two vacant units
More about this property
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