2522 West Palo Verde Drive

Phoenix AZ 85017

Multi-Family

Last sold for $460,000

Tim Esteban, last sold this property on 30 April 2026 after 167 days on market.

Overview

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!

Features

8 carspaces

4 open car spaces

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 2522 West Palo Verde Drive is $622.5k.

Median value

$622.5k

Estimated value range

$380k - $799k

Median days on market

125

Estimated value trend

-8%

decrease 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 2522 West Palo Verde Drive

2026

Sold

$460,000

30 Apr 2026 by Tim Esteban, of HomeSmart

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.