2831 E MOBILE Lane, Phoenix, AZ 85040
- Added:
- Feb 20, 2026
- Days on Market:
- 137
- Last Refresh:
- Jul 7 at 8:06 am
Property Features for 2831 E MOBILE Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3
- Bedrooms
- 8
- Rooms
- Bathroom 3, Bedroom 1, Bedroom 3, Bedroom 8, Bedroom 6, Bathroom 2, Bathroom 4, Bathroom 5, Bedroom 4, Bathroom 1, Bedroom 5, Bedroom 7, Bedroom 2
- Appliances
- Free-Standing Range, Free-Standing Electric Oven
- Standard status
- Active
- APN
- 122-61-060-A
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- WIER ESTATES LOT 87 E2
- Tax Annual Amount
- 973
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Heat Pump (Heating)
- Cooling system
- Central Air, Multi Units, Electric
Building Details
- Year built
- 1985
- Number of units
- 3
- Flooring type
- Laminate, Carpet, Tile, Tile - Ceramic
- Building materials
- Wood Frame, Painted, Stucco
- Roof type
- Composition
Listing agent Tim O'Buckley (602) 526-1814
Listing office RE/MAX Fine Properties 20241 N 67th Ave Suite A1, Scottsdale, AZ (623) 643-1000
Listing date Feb 20, 2026
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
- Multifamily layout: two 3 BR/2 BA units (1131 SF and 1209 SF) plus one 2 BR/1 BA unit (698 SF)
- Two HVAC units were replaced in 2025; water heaters replaced within the past 5 years
- Central air and electric cooling; forced air heating with heat pump (heating)
- Construction includes wood frame with stucco (painted) exterior; composition roof
- Public sewer
- In‑unit appliances include a free‑standing electric oven and free‑standing range
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.2k | $19.80 |
| − Vacancy | −$3.3k | −$1.09 |
| EGI | $56.8k | $18.71 |
| − OpEx | −$17.1k | −$5.61 |
| NOI | $39.8k | $13.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.020108
- Latitude
- 33.401241
