Three-Unit Residential Income
For Sale
$649,990
2831 E MOBILE Lane, Phoenix, AZ 85040
Multiple Dwellings, Phoenix, AZ
Property SizeContact for details
Days on Market192
Property Features for 2831 E MOBILE Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3
Bedrooms
8
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 8, Bedroom 2, Bathroom 4, Bathroom 1, Bedroom 5, Bedroom 7, Bathroom 5, Bedroom 6, Bedroom 1
Appliances
Free-Standing Range, Free-Standing Electric Oven
Subdivision
WIER ESTATES LOTS 11-32 53-74
Elementary school
Percy L Julian School
Middle school
Percy L Julian School
High school
South Mountain High School
Elementary school district
Roosevelt Elementary District
Middle school district
Phoenix Union High School District
High school district
Phoenix Union High School District
Directions
32nd St. south of Broadway Rd to Mobile lane, west to property.
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
Legal Description
WIER ESTATES LOT 87 E2
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating), Forced Air
Cooling system
Multi Units, Electric, Central Air
Building Details
Year built
1985
Number of units
3
Flooring type
Carpet, Tile - Ceramic, Laminate, Tile
Building materials
Wood Frame, Painted, Stucco
Roof type
Composition
Listing Agency:
RE/MAX Fine Properties · RE/MAX International
(623) 643-1000
Listed By:
Tim O'Buckley
(602) 526-1814
Added: Feb 20
Changed: Aug 25
Last Checked: Aug 31 at 12:06PM
MLS# 6987508
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 1985 triplex includes three residential units: two three-bedroom, two-bath residences measuring 1,131 SF and 1,209 SF, along with a two-bedroom, one-bath unit measuring 698 SF. The upper three-bedroom residence has a city view. Construction features include wood framing, painted stucco, and a composition roof, with carpet, tile, ceramic tile, and laminate flooring across the property.
Mechanical improvements include two HVAC units replaced in 2025, while the water heaters were replaced within the past five years. Cooling is provided by central air with multiple electric units, and heating includes forced air and heat pump systems. The property has public sewer service and includes a free-standing range and free-standing electric oven. Located in Phoenix, Arizona, the triplex is designated R3.
Mechanical improvements include two HVAC units replaced in 2025, while the water heaters were replaced within the past five years. Cooling is provided by central air with multiple electric units, and heating includes forced air and heat pump systems. The property has public sewer service and includes a free-standing range and free-standing electric oven. Located in Phoenix, Arizona, the triplex is designated R3.
Key Highlights
- Three‑unit configuration with two 3 BR/2 BA residences and one 2 BR/1 BA unit
- Unit sizes are 1,131 SF, 1,209 SF, and 698 SF
- Upper 3 BR unit includes a city view
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
636
Businesses Nearby
Explore this area
Business Placement
Demographics for 85040, AZ
33,993
Population
11,962
Households
2.8
Avg Household Size
30
Median Age
15%
College-Educated
69%
High-School Grad
10.1 sq mi
ZIP Area
3,366
Density / Sq Mi
$57,890
Median Household Income
$36,355
Median Earnings
$1,193
Median Rent
$294,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - R3-zoned triplex with two larger floor plans and one two-bedroom unit.
Where is this triplex located?
The property is located at 2831 E MOBILE Lane Phoenix, AZ.
What is the asking price?
The asking price for this property is $649,990.
What are key features of this property?
This property features: Three‑unit configuration with two 3 BR/2 BA residences and one 2 BR/1 BA unit; Unit sizes are 1,131 SF, 1,209 SF, and 698 SF; Upper 3 BR unit includes a city view
