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Four-Unit Quadplex with Pool
For Sale
$610,000

2832 E LE MARCHE Avenue, Phoenix, AZ 85032

Multiple Dwellings, Phoenix, AZ

Property SizeContact for details
Days on Market106

Property Features for 2832 E LE MARCHE Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI FAMILY
Bedrooms 8
Bathrooms 8
Full bathrooms 8
Rooms Bathroom 4, Bedroom 3, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 6, Bathroom 1, Bathroom 5, Bathroom 8, Bedroom 6, Bedroom 7, Bedroom 8, Bedroom 1, Bathroom 3, Bathroom 7
Parking features Carport
Pool private 1
Appliances Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer, W/D Hookup
Subdivision GREENWAY MANOR
Elementary school Palomino Primary 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 GREENWAY & 29TH STREET Directions: From Greenway go North on 29th street. Left on Marconi into complex. Drive through the gate, then right (north) on 28th place. Building #19 is on the Northeast corner of 28th place and Le Marche.
Standard status Active
APN 214-39-047

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 19 GREENWAY MANOR MCR 023347
Tax Annual Amount 1394
Legal Description LOT 19 GREENWAY MANOR MCR 023347

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Electric

Amenities

private outdoor living areas
full-size kitchen appliances
in-unit laundry
pool

Building Details

Year built 1982
Number of units 4
Flooring type Carpet, Vinyl
Building materials Wood Frame, Stucco
Roof type Built-Up
Listing Agency: My Home Group Real Estate
Listed By: Mark C Shipton · License #SA527862000
Added: May 29 Changed: Aug 25 Last Checked: Sep 11 at 2:06PM
MLS# 7040397

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.

Built in 1982, this four-unit multifamily property includes four two-bedroom, two-bath residences with modern layouts, private outdoor areas, full-size kitchen appliances, and in-unit laundry. Three units feature newer flooring, fresh paint, and upgraded bathroom fixtures. The property is fully occupied and zoned MULTI FAMILY.

Recent improvements include exterior painting, newer HVAC units, and new water heaters. Residents pay their own electricity, water, and cable, while HOA dues cover sewer, trash, landscaping, security services, common-area maintenance, and pool amenities. Parking includes four covered spaces per building. Additional features include wood-frame and stucco construction, built-up roofing, public sewer, electric heating and cooling, and a private pool. The property is located at 2832 E LE MARCHE Avenue in Phoenix, Arizona 85032.

Key Highlights

  • Four 2‑bedroom, 2‑bath units; property is fully occupied
  • Three units recently updated with flooring, paint, and bathroom fixtures
  • Private outdoor living areas, full‑size appliances, and in‑unit laundry

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Daycare Center Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully occupied multifamily property with two-bedroom residences, private outdoor areas, and covered parking.
Where is this quadplex located?
The property is located at 2832 E LE MARCHE Avenue Phoenix, AZ.
What is the asking price?
The asking price for this property is $610,000.
What are key features of this property?
This property features: Four 2‑bedroom, 2‑bath units; property is fully occupied; Three units recently updated with flooring, paint, and bathroom fixtures; Private outdoor living areas, full‑size appliances, and in‑unit laundry
More about this property
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