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2522 W Palo Verde Drive, Phoenix, AZ 85017

Phoenix
Local realty services provided by:CENTURY 21 Arizona Foothills
2522 W Palo Verde Drive,Phoenix, AZ 85017
$424,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: tim esteban
Office: homesmart
MLS#:6946557
Source:ARMLS

Price summary

  • Price:$424,900

About this home

4-Plex Investment Opportunity! Discover this incredible value-add multifamily property featuring four 2-bed, 1-bath units across two duplex buildings at 2522 & 2528 W Palo Verde Dr, Phoenix, AZ 85017. Two units (2522 B & 2528 B) are currently rented at $840 and $780 per month, providing immediate income. The remaining two units are vacant and ready for renovation, offering great upside potential for increased rents or resale value. Located near GCU and major transportation routes, this property is perfect for investors seeking strong cash-flow potential in a high-demand rental area. With a little vision and improvement, this 4-plex can become a top performer in your portfolio!

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Home facts

  • Year built:1959
  • Listing ID #:6946557
  • Updated:March 19, 2026 at 04:00 PM

Rooms and interior

  • Flooring:Carpet, Vinyl

Heating and cooling

  • Cooling:Electric
  • Heating:Electric

Structure and exterior

  • Year built:1959
  • Construction Materials:Block, Painted

Schools

  • High school:Alhambra High School
  • Middle school:Alhambra Traditional School
  • Elementary school:Alhambra Preschool Academy

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$424,900
  • Tax amount:$1,873 (2024)

Parking

  • Total parking spaces:8
  • Parking description:Additional Parking Available, Carport
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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