Back to Search

For sale
Quadplexes
AZ
Phoenix
85032
2828 East Tierra Buena Lane

Phoenix Multifamily Property with Updates

2828 East Tierra Buena Lane, Phoenix, AZ 85032

View on Map

For Sale

$595,000

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

Type:Multiple Dwellings

Listing Contact

Thomas Palestina

Real Estate License ID: SA688331000

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).
HOA amenities include pool, common areas, trash collection, landscaping, and pool maintenance.
Updated cabinets, flooring, and interior paint in select units.
Convenient access to SR‑51, Loop 101, and nearby retail.

Learn more

For Sale

$595,000

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

Type:Multiple Dwellings

Added:: Feb 27, 2026
Days on Market:: 104
Last Refresh:: Mar 17 at 5:55 am

Property Features for 2828 East Tierra Buena Lane

General Information

Standard status: Active
Property subtype: Multiple Dwellings

Building Details

Year Built: 1982

We can help!

Listing Contact

Thomas Palestina

Listing agent Thomas Palestina License #SA688331000

Listing office ABI Multifamily

Listing date Feb 27, 2026

Source Compass

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

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).
HOA amenities include pool, common areas, trash collection, landscaping, and pool maintenance.
Updated cabinets, flooring, and interior paint in select units.
Convenient access to SR‑51, Loop 101, and nearby retail.

Overview

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.

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Phoenix
County: Maricopa
State: Arizona
Longitude: -112.0208955
Latitude: 33.6302502

Nearby Similar for Sale

$1,900,000

6,894 SF

Phoenix Behavioral Health Center

City licensed 10-bed behavioral health center on 0.89 acres.

1522 W MYRTLE Avenue, Phoenix, AZ 85021

View Details
$550,000

1,741 SF

Phoenix Assisted Living Investment Property

Assisted living property with tenant in place until 2027.

4305 E BRIARWOOD Terrace, Phoenix, AZ 85048

View Details
$619,900

1,485 SF

Turnkey Phoenix Short-Term Rental

Fully renovated, furnished 3-unit property with strong rental income.

1515 W TONTO Street, Phoenix, AZ 85007

View Details
$719,900

Side-by-Side 2025 Duplexes

Two newly built, fully occupied duplexes with 3-bedroom layouts and tandem 2-car garages.

2431 E PUEBLO Avenue, Phoenix, AZ 85040

View Details
$539,000

Multifamily Property with Three Buildings

For sale fully occupied multifamily asset with three freestanding buildings and renovation updates to interiors and systems.

2002 W JEFFERSON Street, Phoenix, AZ 85009

View Details
$489,000

3,060 SF

Phoenix Duplex with Rental Potential

Duplex with large units, ideal for rental income.

1331 E PUEBLO Avenue, Phoenix, AZ 85040

View Details
$640,000

Cash Flowing Phoenix Fourplex

Low maintenance fourplex near downtown Phoenix with upgraded units.

1001 N 32ND Avenue, Phoenix, AZ 85009

View Details
$614,500

Phoenix Multifamily Investment Opportunity

Value-add multifamily property with immediate income upside potential.

4421 N 53RD Lane, Phoenix, AZ 85031

View Details
$1,110,000

Phoenix Multifamily Investment Opportunity

Fully occupied 8-unit complex near Downtown Phoenix.

909 S 35TH Avenue, Phoenix, AZ 85009

View Details
$683,990

2,554 SF

New Duplex Near Downtown Phoenix

New duplex near downtown Phoenix with light rail expansion potential.

1712 S 3RD Street, Phoenix, AZ 85004

View Details
$719,000

Turnkey Phoenix Duplex Investment

Fully furnished, income-producing duplex near Phoenix Sky Harbor International Airport.

4201 E ALMERIA Road, Phoenix, AZ 85008

View Details
$928,640

Renovated Triplex with Side Yard

Upgraded 2023 triplex with three private-entry units and washer/dryer hookups, offered in central Phoenix under R-5 zoning.

2223 E ROOSEVELT Street, Phoenix, AZ 85006

View Details

For sale
Quadplexes
AZ
Phoenix
85032
2828 East Tierra Buena Lane

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 $595,000.

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).