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Fully Occupied Fourplex with Pool
For Sale
$610,000

2832 E LE MARCHE Avenue, Phoenix, AZ 85032

MULTI_FAMILY - Phoenix, AZ

Property SizeContact for details
Days on Market76

Property Features for 2832 E LE MARCHE Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI FAMILY
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 3 Last Checked: Aug 12 at 3:06AM
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.

This fully occupied fourplex offers a consistent unit mix of four 2-bedroom, 2-bath residences. Each unit is designed for day-to-day comfort with a full-size kitchen appliance package and in-unit laundry, along with private outdoor living areas. Three of the units have been recently renovated, including updated flooring, fresh paint, and upgraded bathroom fixtures. Operating expenses are streamlined through resident responsibility for electricity, water, and cable, while the HOA covers sewer, trash, landscaping, security services, common area maintenance, and pool amenities.

The property is located at 2832 E Le Marche Avenue in Phoenix, AZ 85032, and is zoned for multi-family use. The community includes multiple parking options, with four covered spaces per building, providing protected access for tenants and guests.

For investors or owner-operators seeking a small multi-family asset, this fourplex combines an established rental configuration with recent interior updates in most units. Capital improvements noted in the remarks include exterior painting, newer HVAC units, and new water heaters, which can help reduce near-term maintenance needs. HOA-managed services for key shared items, including pool amenities and landscaping, further supports low-touch property operations.

Key Highlights

  • Fully occupied 4‑plex with unit mix of four 2‑bedroom, 2‑bath units
  • Three units have recently been renovated with updated flooring, fresh paint, and upgraded bathroom fixtures
  • In‑unit laundry in each unit, with full‑size kitchen appliances including dishwasher, refrigerator, microwave, and washer/dryer hookups

Property Analytics

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

778
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

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Quadplex - Four 2-bedroom, 2-bath units with private outdoor space and in-unit laundry, plus HOA-managed pool and common-area services.
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: Fully occupied 4‑plex with unit mix of four 2‑bedroom, 2‑bath units; Three units have recently been renovated with updated flooring, fresh paint, and upgraded bathroom fixtures; In‑unit laundry in each unit, with full‑size kitchen appliances including dishwasher, refrigerator, microwave, and washer/dryer hookups
More about this property
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