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2828 East Tierra Buena Lane, Phoenix, AZ, 85032
Phoenix Multifamily Property with Updates

2828 East Tierra Buena Lane Phoenix, AZ 85032

For Sale
$592,000

Four-unit property in North Phoenix with lease-up potential.

Days on Market184

Property Features for 2828 East Tierra Buena Lane

General Information

Standard status
Active
Property subtype
Multiple Dwellings

Building Details

Year Built
1982
Listing Agency: ABI Multifamily
Listed By: Thomas Palestina · License #SA688331000
Source: Compass
Added: Jan 23 Changed: Jul 10 Last Checked: Jul 25 at 12:37PM

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 ABI Multifamily


Investment Insights

Based on property information with market context.

This 4-unit multifamily property, constructed in 1982, is located within the Palomino Pointe HOA in North Phoenix. The unit mix includes one 1-bed/1-bath unit, two 2-bed/2-bath units, and one 3-bed/3-bath unit. Two units are currently vacant and listed for rent, presenting a lease-up opportunity. Interior and exterior improvements have been made, including new HVAC systems (2025), updated cabinets in select units, updated flooring in select units, and updated interior paint. Each unit is provided with one covered parking space, and additional guest parking is available. HOA amenities include a pool, common areas, trash collection, landscaping, and pool maintenance. The property offers convenient access to SR-51, Loop 101, and nearby retail areas.

Key Highlights

  • Lease‑up potential with two vacant units currently listed for rent.
  • Desirable unit mix: (1) 1‑Bed / 1‑Bath, (2) 2‑Bed / 2‑Bath, and (1) 3‑Bed / 3‑Bath.
  • New HVAC systems (2025).

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Parking Lot & Garage (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher (Bike/Boat/Book/etc) Store Tanning Salon (Bike/Boat/Book/etc) Store Clothing & Fashion Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four-unit property in North Phoenix with lease-up potential.
Where is this quadplex located?
The property is located at 2828 East Tierra Buena Lane Phoenix, AZ.
What is the asking price?
The asking price for this property is $592,000.
What are key features of this property?
This property features: Lease‑up potential with two vacant units currently listed for rent.; Desirable unit mix: (1) 1‑Bed / 1‑Bath, (2) 2‑Bed / 2‑Bath, and (1) 3‑Bed / 3‑Bath.; New HVAC systems (2025).
More about this property
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