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Quadplex with Two Duplex Buildings

2522 W Palo Verde Drive, Phoenix, AZ 85017

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For Sale

Under Contract

$424,900

MULTI_FAMILY - Phoenix, AZ

HighLights

4‑plex with four 2 bed, 1 bath units across two duplex buildings at 2522 & 2528 W Palo Verde Dr, Phoenix, AZ 85017
2 units are currently rented: 2522 B at $840/month and 2528 B at $780/month
2 units are vacant and ready for renovation
Single‑year build: 1959
Appliances included: free‑standing range, dishwasher, refrigerator, and microwave
Utilities and services: electric heating and electric cooling; public sewer; carport parking; rolled hot mop roof

We can help!

Contact an agent

Tim Esteban

For Sale

Under Contract

$424,900

MULTI_FAMILY - Phoenix, AZ

Added:: Nov 13, 2025
Days on Market:: 226
Last Refresh:: Jun 27 at 4:06 pm

Property Features for 2522 W Palo Verde Drive

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: R3
Parking features: Carport
Appliances: Free-Standing Range, Dishwasher, Refrigerator, Microwave
Standard status: Active Under Contract
APN: 153-05-054-A

Taxes and HOA fees

Tax Year: 2024
Tax Description: BETHANY MAIN PLAT 2
Tax Annual Amount: 1873

Utilities

Sewer type: Public Sewer
Heating system: Electric (Heating)
Cooling system: Electric

Building Details

Year built: 1959
Number of units: 4
Flooring type: Carpet, Vinyl
Building materials: Painted, Block
Roof type: Rolled Hot Mop

We can help!

Contact an agent

Tim Esteban

Listing agent Tim Esteban

Listing office HomeSmart 8388 E Hartford Dr #100, Scottsdale, AZ

Listing date Nov 13, 2025

MLS# 6946557 Listing URL

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HighLights

4‑plex with four 2 bed, 1 bath units across two duplex buildings at 2522 & 2528 W Palo Verde Dr, Phoenix, AZ 85017
2 units are currently rented: 2522 B at $840/month and 2528 B at $780/month
2 units are vacant and ready for renovation
Single‑year build: 1959
Appliances included: free‑standing range, dishwasher, refrigerator, and microwave
Utilities and services: electric heating and electric cooling; public sewer; carport parking; rolled hot mop roof

Overview

This quadplex investment consists of four 2-bedroom, 1-bath units arranged across two duplex buildings. Two of the units are currently rented, while the remaining two units are vacant and available for renovation or reletting. The property is presented as a value-add residential income opportunity with room to improve interior finishes and bring vacant units back to market.

The buildings are located at 2522 W Palo Verde Dr and 2528 W Palo Verde Dr in Phoenix, AZ 85017. The property is zoned R3. The listing notes proximity to GCU and major transportation routes.

For investors or owner-operators seeking a multifamily with a mix of occupied and vacant units, this setup can support immediate income from the rented units while renovation work is completed on the two vacant units. The consistent unit mix of 2-bedroom, 1-bath layouts may simplify operations and leasing compared with a more varied floorplan strategy.

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Quadplexes

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Local Demand

City: Phoenix
County: Maricopa
State: Arizona
Longitude: -112.113539
Latitude: 33.522951

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For sale
Quadplexes
AZ
Phoenix
85017
2522 W Palo Verde Drive

What type of property is this?

Quadplex - Four 2-bedroom, 1-bath units split between two duplex buildings, with two currently rented and two vacant.

Where is this quadplex located?

The property is located at 2522 W Palo Verde Drive 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‑plex with four 2 bed, 1 bath units across two duplex buildings at 2522 & 2528 W Palo Verde Dr, Phoenix, AZ 85017; 2 units are currently rented: 2522 B at $840/month and 2528 B at $780/month; 2 units are vacant and ready for renovation

2522 W Palo Verde Drive, Phoenix, AZ 85017

MULTI_FAMILY - Phoenix, AZ

Property Features for 2522 W Palo Verde Drive

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

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