Properties
Phoenix, AZ 85032 2828 E TIERRA BUENA Lane
$595,000
16 more
Presented By: ABI Multifamily; 602-714-1400
Home Details
4-unit multifamily property located within the Palomino Pointe HOA in North Phoenix. Built in 1982. Unit mix consists of (1) 1-Bed / 1-Bath, (2) 2-Bed / 2-Bath, and (1) 3-Bed / 3-Bath units. Two units are currently vacant and listed for rent, providing lease-up potential.
Interior and exterior improvements include new HVAC systems (2025), updated cabinets in select units, updated flooring in select units, and updated interior paint.
Each unit includes one covered parking space with additional guest parking available. HOA amenities include pool, common areas, trash collection, landscaping, and pool maintenance.
Convenient access to SR-51, Loop 101, and nearby retail.
Presented By: ABI Multifamily; 602-714-1400
Interior Features for 2828 E TIERRA BUENA Lane
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringTile, Vinyl
Heating Y/NYes
General for 2828 E TIERRA BUENA Lane
Additional Parcels Y/NNo
Attached Garage No
Cap Rate5.85
Carport Y/NNo
CityPhoenix
Community FeaturesPlay Area, Heated Pool(s)
Construction MaterialsWood Frame, Stucco
CoolingElectric
CountyMaricopa
DisclosuresNone
ElectricAPS
Elementary School DistrictParadise Valley Unified District
Garage Y/NNo
Gross Income28948.0
HeatingElectric
High School DistrictParadise Valley Unified District
Lease Considered Y/NNo
Lease Renewal Y/NNo
MobileHomeRemainsYNNo
Net Operating Income34831.0
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
New Financing: FHATrue
New Financing: VATrue
Number Of Units Total4
Open Parking Spaces6.0
Operating Expense9740.0
OwnerPaysSee Remarks
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofBuilt-Up
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameGREENWAY MANOR
Tax Annual Amount1400.0
Tax Lot57
Tax Year2025
Township3N
Year Built1982
ZoningPAD-13
Exterior for 2828 E TIERRA BUENA Lane
Covered Spaces4.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions5, 557
Number of Buildings1
Parking FeaturesAdd'l Parking Avail, 1 Space/Unit, Carport
Road Surface TypeAsphalt
SpaNo
Total Parking10.0
Water SourceCity Franchise
Additional Details
Price History
