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    • $424,900

    2522 W Palo Verde Drive, Phoenix, AZ 85017

    8beds
    1baths
    3,456sqft
    : 
    $2,588/mo
    Get pre-qualified
    Multi Family
    Built in 1959
    -- sqft lot
    $-- Zestimate®
    $123/sqft
    $-- HOA

    What's special

    Two duplex buildings
    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!
    152 days
    |
    43
    |
    1
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Tim Esteban 480-468-7779,

    HomeSmart

    Source: ARMLS,MLS#: 6946557MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 1
      Heating
      • Electric
      Cooling
      • Electric
      Appliances
      • Included: Free-Standing Range, Dishwasher, Refrigerator, None, Microwave
      Features
      • Flooring: Carpet, Vinyl
      Interior area
      • Total structure area: 3,456
      • Total interior livable area: 3,456 sqft

      Property

      Parking
      • Total spaces: 8
      • Parking features: Add'l Parking Avail, Carport
      • Has carport: Yes
      • Covered spaces: 4
      • Uncovered spaces: 4
      Lot
      • Size: 0.34 Acres
      • Dimensions: 14600
      Details
      • Parcel number: 15305054A
      • Zoning: R3

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Painted, Block
      Condition
      • Year built: 1959

      Utilities & green energy

      • Electric: SRP
      • Sewer: Public Sewer
      • Water: City Franchise

      Community & HOA

      Community
      • Features: No Pool
      • Subdivision: Bethany Main
      Location
      • Region: Phoenix

      Financial & listing details

      • Price per square foot: $123/sqft
      • Tax assessed value: $539,100
      • Annual tax amount: $1,873
      • Date on market: 2/26/2026
      • Cumulative days on market: 153 days
      • Listing terms: Conventional
      • Ownership: Fee Simple
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        2/3/2026Listed for sale$424,900$123/sqft
        Source: ARMLS #6946557 Report a problem
        12/17/2025Pending sale$424,900$123/sqft
        Source: ARMLS #6946557 Report a problem
        12/17/2025Listed for sale$424,900$123/sqft
        Source: ARMLS #6946557 Report a problem
        12/11/2025Pending sale$424,900$123/sqft
        Source: ARMLS #6946557 Report a problem
        11/13/2025Listed for sale$424,900+117.9%$123/sqft
        Source: ARMLS #6946557 Report a problem
        8/4/2014Sold$195,000$56/sqft
        Source: Public Record Report a problem
        7/4/2014Listed for sale$195,000+39.3%$56/sqft
        Source: Momentum Brokers LLC #5139509 Report a problem
        1/5/2013Listing removed$140,000$41/sqft
        Source: Momentum Brokers LLC #4824991 Report a problem
        10/19/2012Price change$140,000-6.6%$41/sqft
        Source: Momentum Brokers LLC #4824991 Report a problem
        9/27/2012Listed for sale$149,900+130.6%$43/sqft
        Source: Momentum Brokers LLC #4824991 Report a problem
        12/7/2011Sold$65,000-9.5%$19/sqft
        Source: ARMLS #4670586 Report a problem
        8/31/2011Sold$71,789-52.1%$21/sqft
        Source: Public Record Report a problem
        9/28/2000Sold$150,000+69.3%$43/sqft
        Source: Public Record Report a problem
        8/29/1996Sold$88,600$26/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,061 +10.1%$53,910 -3.9%
        2024$1,873 -0.5%$56,070 +374.2%
        2023$1,882 +1.6%$11,825 -62.7%
        2022$1,853 +3.1%$31,730 +8.9%
        2021$1,798 +1.2%$29,150 +16.2%
        2020$1,776 +8.3%$25,080 +19.1%
        2019$1,639 $21,050 +9.4%
        2018$1,639 +1.3%$19,250 +13.2%
        2017$1,619 +10.3%$17,000 +20.1%
        2016$1,468 -2.1%$14,160 +15.9%
        2015$1,498 $12,220 +22.2%
        2014-- $10,000 +46.4%
        2013-- $6,830 +0.4%
        2012-- $6,800 -5.8%
        2011-- $7,220 -51.7%
        2010-- $14,950 -42.2%
        2009-- $25,850 -3.8%
        2008-- $26,880 +16.4%
        2007-- $23,100 +47.6%
        2006-- $15,650
        2005-- $15,650 +19.9%
        2004-- $13,050
        2003-- $13,050 +24.9%
        2002-- $10,450
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: Alhambra

        Getting around

        75 / 100
        Very Walkable
        44 / 100
        Some Transit
        61 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Alhambra Preschool Academy
        • Middle: Alhambra Traditional School
        • High: Alhambra High School
        • District: Alhambra Elementary District

        Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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