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$2,250,000
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Property Description
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
Full Property Details for 1611 E Lamar Rd
General
- Sold For: $2,250,000
- Taxes: $11,957 (2025)
- Status: Closed
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6974079
- Added to Site: 122 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'
- Frontage: Asphalt
- 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 and Sold by RMB Realty LLC
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Schools
Schools serving 1611 E Lamar Rd
School Districts:Madison Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Madison Heights Elementary School 7150 North 22nd Street, Phoenix, AZ 85020 | PK-4 | 0.8 mi |
Madison #1 Elementary School 5525 North 16th Street, Phoenix, AZ 85016 | 5-8 | 1.3 mi |
North High School 1101 East Thomas Road, Phoenix, AZ 85014 | 9-12 | 4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1611 E Lamar Rd
Date
Details
Price
Change
Source
4/27/2026
Sold
$2,250,000
-8.16%
MLS
1/24/2026
Listed
$2,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1611 E Lamar Road, Phoenix, AZ 85016 (MLS# 6974079) is a Multi-Family property that was sold at $2,250,000 on April 27, 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.

