1611 E Lamar Rd

Phoenix AZ 85016

Multi-Family

Last sold for $2,250,000

Michael Banovac, last sold this property on 27 April 2026 after 92 days on market.

Overview

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!

Features

8 carspaces

2 open car spaces

1 garage space

Multi-Family

Estimated Value

Based on this property and similar multi families sold in Phoenix over the last 12 months, the estimated median property value of 1611 E Lamar Rd is $1.02m.

Median value

$1.02m

Estimated value range

$479k - $2.25m

Median days on market

Estimated value trend

43%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Phoenix. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1611 E Lamar Rd

2026

Sold

$2,250,000

27 Apr 2026 by Michael Banovac, of RMB Realty LLC

2021

Sold

$340,000

30 Apr 2021 by Haider Mansoori, of On Time Real Estate

Happy sellers in Phoenix

We have insufficient information to provide an overview of customer satisfaction for Phoenix. Viewing the agent profiles, reviews and sales for Phoenix can provide insights for this location.