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$424,900 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
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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!

Full Property Details for 2522 W Palo Verde Dr

General

  • Price: $424,900
  • Taxes: $1,873 (2024)
  • Status: Pending
  • Type: Multi-Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6946557
  • Updated: 12/17/2025
  • Added to Site: 65 day(s) ago

Interior

  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, None, Microwave
  • Flooring: Carpet, Vinyl

Parking

  • Parking Features: Add'l Parking Avail, Carport

Location

  • County: Maricopa
  • Township: 2N
  • Subdivision: Bethany Main
  • Cross Streets: 27th Avenue & Bethany Home Road

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Electric
  • Heating Type: Electric

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 2
  • Exterior Const.: Painted, Block
  • Roof: Rolled/Hot Mop
  • Year Built: 1959

Lot Features

  • Lot Dimensions: 14600
  • Zoning: R3

Financial Considerations

  • Tax Amount: $1,873
  • Tax Year: 2024
  • Terms: Conventional
  • Owner Pays: Other, See Remarks

Disclosures and Reports

  • Legal Description: BETHANY MAIN PLAT 2
  • Property ID: 153-05-054-A
  • Range: 2E
  • Section: 13
  • Lot Number: 25

Listed by HomeSmart

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— 2522 W Palo Verde Dr —

  • HomeSmart

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 2522 W Palo Verde Dr

School Districts:Alhambra Elementary District, Phoenix Union High School District
NameGradesDistance
Cordova Middle School
5631 North 35th Avenue, Phoenix, AZ 85017
K-81.2 mi
Alhambra High School
3839 West Camelback Road, Phoenix, AZ 85019
9-121.9 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 2522 W Palo Verde Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/11/2025
Sold
$460,000
8.26%
MLS
11/13/2025
Listed
$424,900
117.9%
MLS
7/31/2014
Sold
$195,000
—
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 2522 W Palo Verde Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,061
10%
$57,900
7%
2024
$1,873
—
$53,910
-4%
2023
$1,882
2%
$56,070
35%
2022
$1,853
—
$41,620
31%
2022
$1,853
-1%
$31,730
9%
2021
$1,870
4%
$29,150
16%
2020
$1,798
1%
$25,080
19%
2019
$1,776
8%
$21,050
9%
2018
$1,639
1%
$19,250
13%
2017
$1,619
4%
$17,000
20%
2016
$1,550
6%
$14,160
16%
2015
$1,468
-2%
$12,220
22%
2014
$1,498
19%
$10,000
46%
2013
$1,264
—
$6,830
—
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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2522 W Palo Verde Drive, Phoenix, AZ 85017 (MLS# 6946557) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 2522 W Palo Verde Drive is currently listed for $424,900 and was received on November 13, 2025. Want to learn more about 2522 W Palo Verde Drive? 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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