- $425k Price
2522 W Palo Verde Drive
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!
Essential Information
- MLS® #6946557
- Price$424,900
- Year Built1959
- TypeMultiple Dwellings
- StatusActive Under Contract
Community Information
- Address2522 W Palo Verde Drive
- SubdivisionBethany Main
- CityPhoenix
- CountyMaricopa
- StateAZ
- Zip Code85017
Amenities
- AmenitiesNo Pool
- Parking Spaces8
- ParkingAdd'l Parking Avail, Carport
Interior
- HeatingElectric
- CoolingElectric
Appliances
Free-Standing Range, Dishwasher, Refrigerator, None, Microwave
Exterior
- RoofRolled/Hot Mop
- ConstructionPainted, Block
School Information
- ElementaryAlhambra Preschool Academy
- MiddleAlhambra Traditional School
- HighAlhambra High School
District
Phoenix Union High School District
Additional Information
- ZoningR3
Listing Details
- OfficeHomeSmart
Price Change History for 2522 W Palo Verde Drive, Phoenix, AZ (MLS® #6946557)
| Date | Details | Change | |
|---|---|---|---|
| Status Changed from Closed to Active Under Contract | – | ||
| Status Changed from Pending to Closed | – | ||
| Status Changed from Closed to Pending | – | ||
| Status Changed from Pending to Closed | – | ||
| Status Changed from Closed to Pending | – | ||
| Show More (2) | |||
| Status Changed from Active Under Contract to Closed | – | ||
| Status Changed from Active to Active Under Contract | – | ||
HomeSmart.
Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Listing information last updated on February 20th, 2026 at 8:59pm MST.