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Remodeled Four-Unit Quadplex
For Sale
$620,000

2808 E LE MARCHE Avenue, Phoenix, AZ 85032

Multiple Dwellings, Phoenix, AZ

Property SizeContact for details
Days on Market53

Property Features for 2808 E LE MARCHE Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Pad Hi
Bedrooms 8
Bathrooms 7
Full bathrooms 7
Rooms Bathroom 2, Bathroom 6, Bedroom 8, Bathroom 7, Bedroom 6, Bedroom 5, Bedroom 3, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 7, Bathroom 3, Bathroom 4, Bedroom 4, Bathroom 1
Parking features Assigned, Carport
Pool private 1
Appliances Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Washer/Dryer
Subdivision GREENWAY MANOR
Elementary school Palomino Primary School
Middle school Greenway Middle School
High school Paradise Valley High School
Elementary school district Paradise Valley Unified District
Middle school district Paradise Valley Unified District
High school district Paradise Valley Unified District
Directions NORTH ON 29TH ST * TO LE MARCHE MAKE LEFT INTO GATED PROPERTY
Standard status Active
APN 214-39-059

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 31 GREENWAY MANOR MCR 023347
Tax Annual Amount 1415
Legal Description LOT 31 GREENWAY MANOR MCR 023347

Utilities

Sewer type Public Sewer
Heating system Forced Air, Electric (Heating)
Cooling system Central Air, Ceiling Fan(s), Electric

Building Details

Year built 1982
Number of units 4
Flooring type Carpet, Tile, Laminate
Building materials Wood Frame, Stucco
Roof type Rolled Hot Mop, Foam
Buildings 1
Listing Agency: Compass
Listed By: Curtis Dean
Added: Sep 7 Changed: Oct 27 Last Checked: Oct 29 at 3:06AM
MLS# 7076952

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.

Rey
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Investment Insights

Based on property information with market context.

Built in 1982, this four-unit property includes one 1-bedroom, two 2-bedroom, and one 3-bedroom residence. Three units have undergone complete remodeling, while the remaining unit has been maintained. Updated appliances are installed throughout much of the property, and two units have newer HVAC systems. Interior finishes include tile, carpet, and laminate flooring, with central air and electric forced-air heating. Each unit also includes a washer and dryer.

The property is fully leased, with the next lease expiration scheduled for 9/30/26 and the longest lease extending through 9/27. Additional features include assigned carport parking, a private pool, public sewer, stucco and wood-frame construction, and foam and rolled hot-mop roofing. Professional management has maintained the property in good condition.

Key Highlights

  • Four‑unit configuration with one 1‑bedroom, two 2‑bedroom, and one 3‑bedroom units
  • Three units recently remodeled; fourth unit maintained
  • All four units currently leased

Property Analytics

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Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,702
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
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - All four units are leased and include a balanced mix of one-, two-, and three-bedroom floor plans.
Where is this quadplex located?
The property is located at 2808 E LE MARCHE Avenue Phoenix, AZ.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: Four‑unit configuration with one 1‑bedroom, two 2‑bedroom, and one 3‑bedroom units; Three units recently remodeled; fourth unit maintained; All four units currently leased
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