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Phoenix Fourplex with Private Entries
For Sale
$625,000

2833 E LE MARCHE Avenue, Phoenix, AZ 85032

Multiple Dwellings, Phoenix, AZ

Property SizeContact for details
Days on Market140

Property Features for 2833 E LE MARCHE Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 8
Bathrooms 8
Full bathrooms 8
Rooms Bedroom 1, Bathroom 2, Bedroom 6, Bathroom 3, Bedroom 8, Bedroom 4, Bedroom 2, Bathroom 6, Bedroom 3, Bedroom 5, Bedroom 7, Bathroom 4, Bathroom 1, Bathroom 5, Bathroom 7, Bathroom 8
Parking features Carport
Pool private 1
Exterior features Sidewalk(s)
Appliances Built-In Range, Disposal, Refrigerator, Built-In Electric Oven, Washer/Dryer, W/D Hookup
Subdivision GREENWAY MANOR
Elementary school district Paradise Valley Unified District
Middle school district Paradise Valley Unified District
High school district Paradise Valley Unified District
Standard status Active
APN 214-39-042

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 14 GREENWAY MANOR MCR 023347
Tax Annual Amount 1415
Legal Description LOT 14 GREENWAY MANOR MCR 023347

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Heat Pump (Heating)
Cooling system Ceiling Fan(s), Heat Pump, Electric

Amenities

community pool
gated access
washer/dryer hookups
covered parking
patios
balconies

Building Details

Year built 1982
Number of units 4
Flooring type Carpet, Vinyl
Building materials Wood Frame, Painted, Stucco
Roof type Built-Up
Listing Agency: HomeSmart
Listed By: Jason Snyder · License #SA576063000
Added: May 1 Changed: Sep 12 Last Checked: Sep 17 at 8:06AM
MLS# 7021967

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 Phoenix quadplex contains four separate residences: one one-bedroom, one-bath unit; two two-bedroom, two-bath units; and one three-bedroom, three-bath unit. The corner building has no shared walls between units, while individual layouts include washer and dryer hookups. Three residences provide ground-level patios facing a common area, and three include upper-level balconies.

The property is located at 2833 E Le Marche Avenue in Phoenix, with covered parking through carport spaces and gated community access. The HOA covers common-area maintenance, landscaping, parking enforcement, and access to the community pool. Built in 1982, the property features wood-frame and stucco construction, public sewer service, heat-pump and electric systems, ceiling fans, built-in appliances, carpet and vinyl flooring, and a built-up roof.

Key Highlights

  • Four residences with a 1‑bedroom, 1‑bath; two 2‑bedroom, 2‑bath; and 3‑bedroom, 3‑bath unit
  • Corner building with no shared walls between units
  • Three ground‑level patios and three upper‑level balconies

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Butcher Tanning Salon Daycare Center Clothing & Fashion Store

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

Location Intelligence

Trade Area within ½ mile

1,544
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
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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-unit property with varied floor plans, patios, balconies, covered parking, and gated community access.
Where is this quadplex located?
The property is located at 2833 E LE MARCHE Avenue Phoenix, AZ.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Four residences with a 1‑bedroom, 1‑bath; two 2‑bedroom, 2‑bath; and 3‑bedroom, 3‑bath unit; Corner building with no shared walls between units; Three ground‑level patios and three upper‑level balconies
More about this property
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