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Quadplex with Two Duplex Buildings
For Sale
Under Contract
$424,900

2522 W Palo Verde Drive, Phoenix, AZ 85017

MULTI_FAMILY - Phoenix, AZ

Property SizeContact for details
Days on Market281

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
Subdivision Bethany Main
Elementary school Alhambra Preschool Academy
Middle school Alhambra Traditional School
High school Alhambra High School
Elementary school district Alhambra Elementary District
Middle school district Phoenix Union High School District
High school district Phoenix Union High School District
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
Legal Description BETHANY MAIN PLAT 2

Utilities

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

Building Details

Year built 1959
Number of units 4
Flooring type Vinyl, Carpet
Building materials Painted, Block
Roof type Rolled Hot Mop
Listing Agency: HomeSmart
Listed By: Tim Esteban
Added: Nov 13, 2025 Changed: Aug 1 Last Checked: Aug 21 at 4:06PM
MLS# 6946557

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.

Investment Insights

Based on property information with market context.

This quadplex investment features four 2-bedroom, 1-bath units across two duplex buildings at 2522 and 2528 W Palo Verde Dr in Phoenix. Two of the units are currently rented, while the remaining two units are vacant and ready for renovation.

The property is built with painted block construction and was completed in 1959. Interior flooring includes vinyl and carpet. Each unit is equipped with electric heating and electric cooling. Provided in-unit appliances include a free-standing range, dishwasher, refrigerator, and microwave. Exterior parking is supported with carport spaces, and the property connects to public sewer.

Zoned R3, this 4-plex offers a straightforward four-unit layout for buyers looking to renovate two units and re-lease the space within a consistent property configuration.

Key Highlights

  • Four 2‑bed, 1‑bath units across two duplex buildings at 2522 & 2528 W Palo Verde Dr
  • R3 zoning quadplex with two vacant units ready for renovation
  • Built in 1959 with painted block construction

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.

Lease Details

Multi-tenant
Tenancy

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Quadplex in R3 zoning with four 2-bed, 1-bath units across two duplex buildings; two units are vacant for renovation.
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: Four 2‑bed, 1‑bath units across two duplex buildings at 2522 & 2528 W Palo Verde Dr; R3 zoning quadplex with two vacant units ready for renovation; Built in 1959 with painted block construction
More about this property
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