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Gated Quadplex With Diverse Unit Mix
For Sale
$598,000

2844 E MONTE CRISTO Avenue, Phoenix, AZ 85032

Four residential units offer washer and dryer hookups plus a patio or balcony for each residence.

Property SizeContact for details
Days on Market500

Property Features for 2844 E MONTE CRISTO Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Taxes and HOA fees

Annual Taxes $1,439

Building Details

Year Built 1982
Listing Agency: ROI Asset Management Solutions
Listed By: Lisa J Richardson
Source: Jcluxuryresidential
Added: Apr 23, 2025 Changed: Aug 28 Last Checked: Sep 2 at 1:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ROI Asset Management Solutions

Investment Insights

Based on property information with market context.

Built in 1982, this Phoenix quadplex contains four residences with a varied configuration: one 1-bedroom/1-bath unit, one 2-bedroom/2-bath unit, one 2-bedroom/1.5-bath townhome-style unit, and one 3-bedroom/3-bath unit. Each residence includes washer and dryer hookups and private outdoor space in the form of a ground-level patio or balcony.

The property is located at 2844 E Monte Cristo Avenue near Desert Ridge Marketplace, SR 51, schools, parks, and shopping. Community features include gated entry with fob access, a pool, landscaping, common-area maintenance, parking enforcement, and assigned parking. Water is individually metered. Three of the four units are occupied, and all leases are month-to-month.

Key Highlights

  • Four‑unit property built in 1982
  • Unit mix includes 1‑bed/1‑bath, 2‑bed/2‑bath, 2‑bed/1.5‑bath, and 3‑bed/3‑bath residences
  • Washer and dryer hookups provided in every unit

Property Analytics

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.

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

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 residential units offer washer and dryer hookups plus a patio or balcony for each residence.
Where is this quadplex located?
The property is located at 2844 E MONTE CRISTO Avenue Phoenix, AZ.
What is the asking price?
The asking price for this property is $598,000.
What are key features of this property?
This property features: Four‑unit property built in 1982; Unit mix includes 1‑bed/1‑bath, 2‑bed/2‑bath, 2‑bed/1.5‑bath, and 3‑bed/3‑bath residences; Washer and dryer hookups provided in every unit
More about this property
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