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$2,450,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 8 days ago
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Fabulous centrally located investment opportunity. These new & modern four units with custom finishes affords a perfect owner-occupied luxurious lifestyle. The property was designed with a 2,000 ft.² owners three bedroom 3 1/2 bath home. The property consists of two, three bedrooms three bath homes and two one bedroom one bath apartments. The three bedroom units include gas fireplace. Superb location right off the 51 freeway with easy access to Sky Harbor Airport and Downtown Phoenix. Situated next to the Sprouts shopping center at 16th St. & Glendale. Adjacent to the canal with an easy walk to the Biltmore Hotel. Must see to appreciate!

Full Property Details for 1611 E Lamar Rd

General

  • Price: $2,450,000
  • Taxes: $11,957 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6974079
  • Updated: 1/24/2026
  • Added to Site: 8 day(s) ago

Interior

  • Appliances: Disposal, Dishwasher, Refrigerator, Built-In Gas Oven, Microwave, Washer/Dryer
  • Flooring: Vinyl

Parking

  • Parking Features: Garage Door Opener, >1 Space Per Unit, On Street, Carport

Location

  • County: Maricopa
  • Township: 2N
  • Subdivision: TOWN HEIGHTS
  • Cross Streets: 16th St. & Glendale Ave.

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Electric
  • Heating Type: Ceiling

Utilities

  • Water: Individual Meter

Structural Information

  • # Buildings: 2
  • Exterior Const.: Wood Frame, Painted, Stucco
  • Roof: Rolled/Hot Mop
  • Year Built: 2023

Unit Information

  • Vacancy %: .04

Lot Features

  • Lot Dimensions: 80' x 144'
  • Zoning: R3

Financial Considerations

  • Tax Amount: $11,957
  • Tax Year: 2025
  • Terms: Conventional
  • Owner Pays: Landscaping

Disclosures and Reports

  • Legal Description: LOT 3 TOWN HEIGHTS MCR
  • Property ID: 164-34-003
  • Range: 3E
  • Section: 10
  • Lot Number: 3

Listed by RMB Realty LLC

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Listing agent

— 1611 E Lamar Rd —

  • RMB Realty LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1611 E Lamar Rd

School Districts:Madison Elementary District, Phoenix Union High School District
NameGradesDistance
Madison Heights Elementary School
7150 North 22nd Street, Phoenix, AZ 85020
PK-40.8 mi
Madison #1 Elementary School
5525 North 16th Street, Phoenix, AZ 85016
5-81.3 mi
North High School
1101 East Thomas Road, Phoenix, AZ 85014
9-124 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1611 E Lamar Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/24/2026
Listed
$2,450,000
620.59%
MLS
4/23/2021
Sold
$340,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1611 E Lamar Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,957
271%
$192,310
254%
2024
$3,222
3%
$54,345
6%
2023
$3,135
3%
$51,270
29%
2022
$3,042
—
$39,705
13%
2022
$3,042
-1%
$35,160
-5%
2021
$3,068
2%
$37,110
4%
2020
$3,020
-7%
$35,655
33%
2019
$3,246
3%
$26,800
13%
2018
$3,166
20%
$23,710
5%
2017
$2,649
4%
$22,510
-9%
2016
$2,552
7%
$24,780
8%
2015
$2,375
6%
$23,030
30%
2014
$2,232
11%
$17,770
17%
2013
$2,009
—
$15,150
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by RMB Realty LLC

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1611 E Lamar Road, Phoenix, AZ 85016 (MLS# 6974079) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1611 E Lamar Road is currently listed for $2,450,000 and was received on January 24, 2026. Want to learn more about 1611 E Lamar Road? Do you have questions about finding other Multi-Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

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